About Us
RCE provides the most value to you as a client, tapping into the years of relationships that have been built and the network of vendors that have been compiled, all to offer you the client the best value at sale or purchase.
Our Services
Guiding Principles for Lasting Partnerships
Privacy First
In today’s digital age, privacy is a luxury. We prioritize your privacy above all else. When you deal with us, your personal information and transaction details remain confidential. We don’t sell or share your data with third parties.
Transparent Pricing
We believe in fair and transparent pricing. Our rates are competitive, and we ensure that you get the best value for your precious metals. There are no hidden fees or charges.
Expertise
With years of experience in the industry, our team possesses in-depth knowledge about precious metals. We can provide insights, advice, and evaluations that are both accurate and beneficial for you.
Personalized Service
Unlike larger corporations where you might feel like just another number, with us, you’ll receive personalized service tailored to your needs. We value each of our clients and strive to build lasting relationships.
Our Approach
We value and respect our clients, and our primary goal is to provide a seamless and beneficial experience for those looking to sell their precious metals.
Silver was $8.60 and Gold was just $510.00 when Richmond Coin Exchange founder Jarrod Frakes started in the precious metals and coin industry. Hauling $1000 face bags of 90% silver coins and stacking 1000 pound COMEX silver bars in a basement vault was the start to an almost 20 years (and counting) career in the industry.
Jarrod worked his way up from the basement vault to the trade floor, to eventually overseeing one of the East Coast’s largest precious metals purchasing divisions. Jarrod kept that role through the 2008 recession, gold and silver’s meteoric rise and subsequent cooling, which provided unparalleled experience.
In 2011, seeing a niche that wasn’t filled in Northern Virginia, Jarrod founded Alexandria Gold and Silver. Still in business today, AGS became DC area’s premier stop for buying and selling precious metals and coins. The new owners continue to provide honest and fair dealings to Northern Virginia customers.
After moving to Richmond, Virginia to be near family, Richmond Coin Exchange was founded. RCE provides a service unlike any in Richmond—a personal, discrete, and elevated transaction experience. RCE provides the most value to you as a client, tapping into the years of relationships that have been built and the network of vendors that have been compiled, all to offer you—the client—the best value at sale or purchase.
Please reach out with any questions. We welcome collections of coins, gold and silver bullion, paper money, as well as sterling silver and collectibles.