About Us
I started Penny Pincher Coins in 2007 first as an online coin and currency dealer and then to a “clicks and mortar” business with our first store in Fairfax, VA. At the end of 2013, our store in Fairfax moved into an 1,100 sq. ft. showroom that is open to the public Tuesday-Friday 11-6 and Saturday 10-6. We are open other hours to purchase collections and complete appraisal work.
In 2019, I launched PennyPincherAuctions.com to reach a large online audience for collectible coins and currency in a fun and engaging online only auction format. The auction business is based in Great Falls, VA.
In 2021 we re-vamped our website and launched this one, featuring live pricing of our most popular gold and silver bullion products. No collectible coins or currency are listed on this site.
A lot has changed in the rare coin business in the last 14 years. We have grown to a full time staff of 4-5 depending on the market. The coin shows are a lot different, but we still try to maintain a presence in the better national and regional shows. Please shop us online at PennyPincherCoins.com for bullion, PennyPincherAuctions.com for collector coins and currency, and in person at our Fairfax showroom for a little of everything.
I began my career as a derivatives trader in New York focusing on gold, silver, and world currency market prices after graduating from M.I.T. After several years trading over-the-counter derivatives and forward contracts on these commodities, I moved to Northern Virginia in 1999 and worked in a number of banks and specialty finance firms. I completed my MBA in Finance at the Wharton School in 2003.
Mr. Shea is a full time rare coin dealer, a PCGS Authorized dealer and a member of the American Numismatic Association