NAICS Code 455219-56 - Coin Dealers Supplies & Etc (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 455219-56 Description (8-Digit)

Coin Dealers Supplies & Etc (Retail) is a specialized industry that involves the retail sale of coins, coin collecting supplies, and other related items. This industry caters to coin collectors, enthusiasts, and investors who are looking to buy or sell coins, as well as those who are interested in coin collecting as a hobby or investment. Coin Dealers Supplies & Etc (Retail) stores typically offer a wide range of coins, including rare and collectible coins, as well as bullion coins and bars made of precious metals such as gold, silver, and platinum. In addition to coins, these stores also sell coin collecting supplies such as albums, holders, and display cases, as well as books and other educational materials related to coin collecting.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 455219 page

Tools

Tools commonly used in the Coin Dealers Supplies & Etc (Retail) industry for day-to-day tasks and operations.

  • Coin grading tools
  • Magnifying glasses
  • Digital scales
  • Calipers
  • Loupes
  • Coin holders and albums
  • Display cases
  • Cleaning solutions and tools
  • Protective gloves
  • Price guides

Industry Examples of Coin Dealers Supplies & Etc (Retail)

Common products and services typical of NAICS Code 455219-56, illustrating the main business activities and contributions to the market.

  • Rare coins
  • Bullion coins and bars
  • Commemorative coins
  • Foreign coins
  • Ancient coins
  • Proof sets
  • Coin collecting supplies
  • Educational materials
  • Coin grading services
  • Coin auctions

History

A concise historical narrative of NAICS Code 455219-56 covering global milestones and recent developments within the United States.

  • The history of the Coin Dealers Supplies & Etc (Retail) industry dates back to ancient times when coins were first used as a medium of exchange. The first coins were made of electrum, a naturally occurring alloy of gold and silver, and were used in Lydia, a kingdom in Asia Minor, around 600 BCE. The first coins made of pure gold and silver were minted in the 6th century BCE in Greece. The first coin dealers appeared in the 14th century in Italy, where they traded coins from ancient Rome and Greece. In the United States, the industry started to develop in the late 19th century, when coin collecting became a popular hobby. The first coin dealers in the US were located in New York City and specialized in rare coins. In the 20th century, the industry expanded to include other collectibles, such as stamps, sports memorabilia, and antiques. In recent history, the Coin Dealers Supplies & Etc (Retail) industry in the United States has faced several challenges. The rise of online marketplaces has made it easier for collectors to buy and sell coins and other collectibles without the need for physical stores. The industry has also been affected by the decline in interest in coin collecting among younger generations. However, the industry has adapted to these challenges by offering a wider range of products and services, such as appraisals, grading, and authentication. The industry has also embraced technology, with many dealers offering online sales and auctions. Despite these challenges, the industry remains a vibrant and important part of the retail sector in the United States.