Many of these coins are traded as individual units by bullion dealers. There are several official bullion coins from other countries, such as the Canadian Gold Maple Leaf and the Vienna Gold Philharmonic coins. For example, the US Mint issues the American Eagle coins in gold, silver, platinum and palladium. Many gold and silver bullion coins are produced by national mints. To get a fair price for your gold, it’s important to be aware of what you’re selling and how much it’s worth. As such, many trade at a fixed price through bullion dealers and other trading platforms.
Know what you’re selling and understand its value. Just like with gold jewelry or gold bars, there are several steps that you can take to get the best price for your gold coins: 1. Get an Offer Tips to Sell Your Gold Coins for the Best Price We recommend asking Abe Mor for a quote as they have consistently offered the highest percentage to our readers. When selling gold you receive a percentage of the price. This is the current wholesale price of gold. As such, they’re usually treated as an investment or store of value, rather than as a consumer gold item. To be more precise, gold coins are a type of gold bullion (gold coins are often referred to as bullion coins). Gold coins, on the other hand, are more of a niche item.
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For example, if you have a gold wedding band that you’d like to sell, you’ll usually be able to sell it online or offline to a local jewelry store or pawn shop. The process for selling gold coins is quite different from that for selling gold jewelry, such as a gold wedding band or engagement ring.Īs we’ve covered in our guide to selling gold jewelry, there are many merchants that buy gold jewelry. Below, we’ve covered everything you need to know about selling gold coins, from tips to get the best price to the best vendors to sell to. Selling gold coins is a relatively simple process, although there are several things you’ll want to know before you begin. As such, now is a great time to sell gold coins if you have a collection that you’d like to convert into cash.
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With gold prices at record highs, many people with gold coins, jewelry and other gold items are looking into selling their gold to take advantage of high prices and free up cash.Īs of August 2020, gold prices have exceeded $2,000 per ounce for the first time in history.
Shipping is free, payment is fast and your gold is fully insured throughout the process for peace of mind.įor more information about selling gold coins, including our recommendations to help you get the best possible price, continue reading below. They offer competitive prices for gold coins, bars and other items. If you have gold coins that you’d like to sell, we recommend Abe Mor Diamond Cutters. Buying through links on our site may earn us commissions.
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