Sell Gold For Cash
Turn Your Old Gold Into Cash!

Sell Gold Coin

With the price of gold on a steady climb in the last few years, many people think now is the time to sell gold coins they've been collecting. Whether it's right for you depends on a number of criteria, including how badly you need the money, what you'll do with the profits and whether a long-term gold coin strategy is best for you.

Gold coins are usually made in one troy ounce weight, making it easier for coin dealers, governments and collectors to easily and accurately value gold coins regardless of where or when they were minted. The exceptions are the seldom seen and truly rare gold coins that are a hundred years old or more. These can have an inflated value dependent more on their beauty and scarcity than on their gold content alone.

If you have gold coins such as South African Krugerrands, Australian Kangaroos or Canadian Maple Leafs, it's easy to find out what they are worth to collectors by visiting one of the many sites that buy and sell gold coins. If you sell to one of these sites, keep in mind that you won't receive what the coin is actually worth. Remember that these companies are buying and selling gold to make a profit so they need a margin for mark-up. However you can make a decent amount if your coins are in good shape.

Some things that will affect the value when you sell gold coins include:

a Condition of the coin. Is it in mint or near mint condition? A worn or damaged coin isn't worth as much.

a Do you have the authentication paperwork? Some dealers won't buy a gold coin if you don't have the certification that proves it is genuine because it is harder to resell. Forged coins are also a problem, and dealers do not want to get caught up in this.

a Do you still have the presentation box the coin came in? This can also affect the value of a gold coin, particularly if it is one of the coins prized for its beauty as well as its intrinsic value.

If you prefer to sell gold coins locally, you can work with a coin dealer in your area. Some of them will take your coins on commission. The downside to this arrangement is that neither of you make any money until the coin is actually sold. The up side is that the dealer can take the time to contact potentially interested parties and hold out for a good price.

Of course, none of these options will work for you if you need to sell gold coins and get the cash right away. If you are strapped for cash and don't want to wait around, try selling your gold coins directly to a company that specializes in buying gold of any kind. These companies are also often refineries so the gold they buy is melted down and used to make new gold products. Since gold coins are nearly pure gold, you can easily check current gold prices and get an idea of the current price of the gold in your coin. A gold buyer will typically give you at least 65 percent of the current gold value for your coin. It's a quick and easy way to make some money without having to have your coins authenticated or wait around for the right buyer.

The bottom line is that if you need cash now it's probably a good time to sell gold coins since the price of gold is so high.

Frequently Asked Questions

  1. QUESTION:
    Is it true when you sell a gold coin or a bar of gold you pay capital gains plus 28% collectible taxes?
    I have been told when you sell collectibles you pay both a capital gains tax and a 28 percent collectibles tax to the IRS. Gold is a collectible metal and coins are also collectible.

    • ANSWER:
      When you sell a collectible such as gold or rare coins for a profit, you generally pay a capital gains tax of 28% on the profit, not a capital gains tax plus and additional 28%.

  2. QUESTION:
    How To sell a Gold Coin?
    I am Having 6Grams of Gold Coin of 60 years of Indian Independence. I want to sell for Rs.12000

    How can i do this?

    • ANSWER:
      go to jeweller who buys or sale old gold they will give you price according to weight and current market price,it doesn't matter if its 60 years of indian independence coin,because they will melt the coin and reuse it so its not any use for them if its 60yr independence coin.

  3. QUESTION:
    How to sell a gold coin?
    I have acquired a spanish gold doubloon, in excellent condition, that I'm trying to sell. I have absolutely no idea how to go about getting it appraised, let alone how to sell it. I would feel more comfortable selling it in person and i do NOT want to pawn it. Any information you could give me would be helpful, thanks!
    i just found out its actually an Austrian 1915 4 ducat gold piece.

    • ANSWER:
      Go to a coin shop. They will appraise and possibly buy it. Pawn shops, by the way, will buy merchandise outright, without you having to pawn something. However, you won't get the best price for your item at a pawn shop. When I was desperate enough to try to pawn some gold jewelry, the pawn shops told me that they'd only pay the scrap gold value according to the weight. So if a coin is old and/or valuable, you want to go to a coin/jewelry shop that buys from the public. DON'T go to Cash4Gold, they will only pay you a fraction of the scrap value.

  4. QUESTION:
    How much would this gold coin sell for? It's made in 1904 and it says "twenty dollars". Is it worth more now?
    On the front it has a head with "Liberty" on the person's crown. There are 13 stars going around the coin.

    On the back it "United States of America Twenty Dollars" with "in god we trust"...

    I don't know what it's called it's just a 20 dollar coin made in 1904! my grandad gave it to me. how much would it be worth now?

    • ANSWER:
      Assuming that the coin is genuine, it is worth a lot more. Compare it to the coins shown in the link below (navigate using the large arrows). That will give you a rough idea of condition.

      Based on gold content alone, it is worth at least 00. If it is in near-perfect condition, possibly more.

      Do not rub the coin. Only handle it by the edges. Never clean a coin as it destroys value.

  5. QUESTION:
    How to sell gold coins without getting ripped off?
    How do I sell my American Eagle one ounce gold coins?

    I have 10 of them and want to sell them. I bought them for 0 and the guy I bought them from charged me per gold coin.

    I could probably sell it back to him with same "margin" of about .

    Is this a good "deal"?

    • ANSWER:
      start off with this site and you can try to ask that person you got them from but don't tell him you got them from him until after you get a price

  6. QUESTION:
    Where to sell gold coin?
    I ws given one ounce gold coins years ago and was wondering where I would be able to sell them. I am guessing I should be able to get what ever the current price of gold for them.

    • ANSWER:
      You will get more $$$ if you list and sell them on ebay.

      Some tips that may be helpful to you……….

      Be honest and accurate in your descriptions – One-sentence descriptions are for lazy sellers. One paragraph should be sufficient for most items. My general guideline is the more expensive (read higher priced) an item, the more you should ‘talk it up.’ It won’t be time wasted. Use lots of adjectives in your descriptions. Adjectives make prose and your items come alive. Without them, prose is dull and your items less appealing. Just add a little ‘sizzle’ and even have a little fun with it. In short, make your descriptions stand out above the crowd.

      Be professional - use good English with no spelling errors

      PICTURES:

      ALWAYS include at least one picture, more pictures for higher priced items. Make sure your pictures are clear. There are far too many pictures on ebay that are dark. If prospective buyers can’t see your items clearly, your items, more than likely, will not fetch the closing prices they deserve. To remove darkness, use any photo editor to add some brightness and a wee bit of contrast.

      Eliminate clutter. Prospective bidders don’t want to know what kind of cereal you eat or what kind of kitchen table or bedspread you have. Use a SOLID backdrop when taking your pictures as you want to focus all of the attention on your item. In short, the one and only thing you want in your picture is the item being sold. A SOLID white or light blue backdrop is best. However, there are certainly items that won’t show well on a light backdrop. In these cases, use a darker backdrop. And for gosh sake, don’t even think of using a plaid blanket as a backdrop for your pictures as I once saw on ebay. You should also crop the photos in your photo editor. Good pictures can add 5% to 10% to final closing prices.

      GOOD DESCRIPTIONS + GOOD PICTURES = GOOD PRESENTATION. This is what you should strive for.

      COMMUNICATION:

      GOOD Communication is a must - Always notify buyers when you mail their items. It is not only a courtesy you would want and expect as a buyer but it is also both good customer service and good business practice. After all, you are the 'President & CEO' of your 'company' running your business but using ebay as your selling medium. In short, conduct your business so that it reflects well on you as a person. Treat everyone as a human being, not a living being and this includes people who have inquiries about your items, not just your buyers. Prospective buyers making these inquiries could ultimately be the winning bidders and possible repeat customers.

  7. QUESTION:
    If I sell my gold coin do I need one of those fancy hard cases with the barcode thing on it? How do I get one?
    I just have a soft, floppy plastic case.. The coin is in great condition but I don't think someone will buy it unless it's in those fancy cases..

    Also do I need some sort of proof of authenticity or will the buyer know it's real when they get the coin?

    and do I need proof for the grade for the coin?

    I don't really know how this all works so pls help lol

    • ANSWER:
      First go to a couple of coin dealers in your area and ask them what grade they would give the coin and how much they would offer. Unless you know what you are doing this is probably the best way for you to sell the coin.

      After seeing the coin dealers you will have a fair idea of the wholesale value of the coin. If the value is less than 0 then it would not be worth getting the coin certified and graded. Sell it to the dealer who offered you the most money.

      Another option is to contact members of a local coin club to see if anyone would be interested in helping you determine a value for the coin or buying it. Sometimes you will get a little better offer from a collector than from a dealer but you will still not get full retail.

      If you want a shot at full retail and the coin is worth some real bucks look into national coin auction houses such as Heritage or Bowers and Merena. They could get the coin certified and encapsulated (called slabbed in the hobby) for you. Otherwise see if one of the dealers would be willing to send in the coin for you and auction if off on ebay. You will want to stick with the three major grading services: NGC, PCGS or ANACS.

      Raw unslabbed coins will sell just easily as a slabbed coin if you are talking to the right people. Those, like you, who do not know the hobby or coin business will feel much more comfortable buying the coin if it has been certified and slabbed. Many hobbiest are comfortable with a raw coin and will be happy to talk to you about your coin. It just depends on who you are talking to.

      A good source for local dealers and local coin clubs is the American Numismatic Association web site, money.org. You can do a search for both there.

      Good luck.

  8. QUESTION:
    Have a gold coin I want to sell- good idea?
    Royal Australian Mint Uncirculated Two Hundred Dollar Coin 1984
    Apparently, (google) it is now worth 5AUS= 0NZD
    Is this good?
    Well my questions are these:
    I plan to sell my gold at one of those stalls at my mall. Are they good?
    Advice would be appreciated. Thanks
    Its has 10g of gold
    22 carat

    • ANSWER:
      I'm not familiar with the coin but you can judge for yourself if you know how much gold it contains.
      At the present time Gold is 09.60 ( US Dollars ) per troy ounce. Yes, I came across a blog describing the coin ........ Composition is 91.67% gold and 8.33% copper. Edge reeded. Weight 10 grams. Diameter is 24 mm. ...................
      So, it contains 9.167 grams of pure gold.......1 Troy ounce equals 31.103 grams.....So, Gold is priced at .3199 ( US dollars ) per gram . ....9.167 times .3199 equals $ 415.44 ( US dollars ) that is the value of the gold your coin contains. .....5.44 US dollars equals 8.05 Australian dollars.
      All the values are there, so you can check my math.
      Unfortunately most dealers seek a unreasonable amount of profit. They buy low then sell that very same coin for a much higher price....that is the disadvantage of going to a dealer.

  9. QUESTION:
    Where, How do I sell gold coins at market value?
    Will a bank buy gold coins for market value?
    Or should I sell to a coin dealer?
    Thanks.

    • ANSWER:
      How do you define market value?
      Coin dealers will pay 80% to 90% of the value of the metal or 50% - 60% of catalog value, whichever is greater. Banks, at least in the US, don't buy gold. In Mexico, banks buy Mexican gold coins at about 90% of the metal value but don't buy non-Mexican coins.
      Selling them yourself on eBay might be better, but then you have to consider eBay's fees.

  10. QUESTION:
    I have a gold coin and i would likek to know where i can sell it?
    IT IS A GOLD COIN FROM 1800 AND SOMETHING, IT DOESNT HAS ANY SCRATCH , IT IS WELL PRESERVED, AND I WANT TO SELL IT, SO I WOULD LOVE TO KNOW WHERE I CAN SELL IT, IT HAS TO BE THROUGH INTERNET CAUSE ,IM CURRENTLY LIVING IN EL SALVADOR CENTRAL AMERICA AND WELL I NEED TO FIND OUT HOW MUCH IT COST AND WHO IS INTERESTED IN BUY THAT, MUST BE SOMEONE WHO HAS A COLLECTION AND KNOW ABOUT COINS, I ALSO HAVE A PAINTED PLATE WITH PRESIDENT KENNEDY AND WIFE POSING , SO IF ANYONE KNOWS WHERE TO SELL THE COIN AND WHERE I CAN SELL THE PLATE....THANKS EVERYONE WHO T AKES THE T IME TO READ MY QUESTION.

    • ANSWER:
      I would say to go to a coin dealer. Good luck selling it over the internet. There is no way to verify the information you have provided about it.

  11. QUESTION:
    How do I sell my rare gold coin?
    I want to sell my 1908 Gold half eagle. its 0.900 pure 21kt. gold and is 0.29 oz . Do I sell it for just want the gold is worth, or should I factor in that its very old and very rare? and where should I start the asking price at? I know its Genuine its rare and its in perfect condition but I really dont know what to expect out of it.

    • ANSWER:
      Both the Liberty Head and the Indian Head Half Eagle designs were made in 1908 with both made in Philadelphia and the latter made in Denver and San Francisco as well. There are also proof versions of both designs.

      The coins contain 0.2419 troy ounces of pure gold which is currently worth about £190, and the coin is probably worth a bit more than that while the proof versions would be worth a significant premium. Certified and slabbed coins would be worth more. You can check the link below to search for UK coin dealers to sell your coin or get some offers. Just so you know, coin dealers typically keep a 3% to 5% fee from the value of the gold. I hope that helps.

  12. QUESTION:
    Where can I sell my gold coin in NYC?
    I would like a dependable place and a safe transaction like meet in person, From a reputable company. Does anyone know of any companies I could meet with about my coin? Any advice is greatly appreciated. I would prefer not to do anything over the web or mail.

    Thank you for any input

    • ANSWER:
      There's dozens of gold and silver dealers in NYC in storefronts all around 6th Avenue in the 40s, mostly on 47th and 48th St. (see 1st link, below)

      Just take your coin there and go from store to store to see who'll give you the best deal, but be careful that no one switches your coin on you while you're not looking, so DON'T let it out of your sight.

      Of course, depending on what kind of coin it is, it's possible that it might be even more valuable to coin collectors than to gold dealers, so check into that, too (see 2nd link, below).

  13. QUESTION:
    where do I go to sell New Zealand gold coin in New Zealand?
    it's a 99.9 % pure gold coin
    it says New Zeland 1oz Gold Kiwi on the coin and on the paper thats around it it has other info

    • ANSWER:
      you can use http://pages.ebay.com/nz/ to get the best price.

  14. QUESTION:
    if iwant to sell gold coins/buiscuts can i get the market price from banks?
    i want to sell gold coins/buiscuts bought over a period of time assuming that i can sell in the market ,but i understand that banks sell only gold coins and not buying from the public .i don't know why. what alternatives/options are open to me for selling pure gold.

    • ANSWER:
      if you are in India,selling gold coins, biscuits and pure gold, there is no problem in selling with consumer,jeweller,gold dealer instead banks.
      even i at delhi purchase coins in higher rate then their gold contents value.

  15. QUESTION:
    Where to sell gold coins bought from bank?
    Banks/Post offices don't buy back the gold coins that they sell, so if somebody wants to make money from the bought gold coins, where to approach?

    • ANSWER:
      Coin dealers will buy them. You are most likely not going to get the deal that you think you should get.

      Gold coins are usually a terrible investment.

  16. QUESTION:
    How much will a 50 peso gold coin sell for?

    • ANSWER:
      The Mexican 50 Pesos gold coin was made from 1921 until 1947, and it contains 1.2057 troy ounces of gold which is currently worth about 35US. The sale price would be based upon this value and subject to change. I hope that helps.

  17. QUESTION:
    Can i sell any Tanishq gold coin to jeweller,and get the benefit of the appreciated gold rate in cash?
    and can we get additional amount since its a 24 carrot?

    • ANSWER:
      The reputed jewellers will purchase with the current price of gold and it's purity.

  18. QUESTION:
    Where Can you sell Gold Bullion Coins If the Chips are down?
    Alot of questions here, i know a Bullion outlet can buy or sell when they please, but if you had .9999 fine coins like the american buffalo (as ugly of a coin as it is it is wrapped in plastic and can't scratch in its packge) Could you sell it to the jewlerers ar spot. So another question would be would.9999 fine gold be better because more sources can buy it and even when a market is heading downwards, jewlery and industry still need gold.
    Is this common or does industry usually go to other sources.

    • ANSWER:
      www.kitco.com is the best source of bullion price info, but some local coin dealers (listed in the phone book or on-line) will pay a bit more for them (and will teach you more about them).

  19. QUESTION:
    How do I sell gold coins?
    I keep hearing that gold is a good investment. Banks sell gold coins. If I buy 1, where do I sell it later to get a profit? I want to buy & sell through safe secure channels like banks.

    • ANSWER:
      Generally Banks (which is very secure) do not buy back the gold.

      People are obliged to sell their gold to a jeweller.
      But the advantage is, when you buy gold from banks with a proper receipt and reports or its weight and purity you are almost certain to get the equivalent money even from the jewellers.

  20. QUESTION:
    Who is the most reputable coin dealer in northwest indiana to sell gold /silver coins to?

    • ANSWER:
      Many websites serve that region. I would recommend trying refinity.com as you're likely to get a better deal than most places since it specializes in buying gold and silver. Had some buddies who used them. Made a boatload.

  21. QUESTION:
    what is the most popular selling gold coin?
    Is there a charge to buy and sell items like Kugerunds?

    • ANSWER:
      sometimes the most popular is not the best value...

      http://www.onlygold.com/TutorialPages/PicesSince1972FS.htm
      the above site lists, buys and sells all gold coins worldwide. It compares the purity and you can compare the spot price to the sales price on each.

      here is a good starting point to learn about gold
      http://www.coinresource.com/articles/gold_investing_101.htm

      Good luck

  22. QUESTION:
    how and where to sell gold coins from or in Australia?
    hi. i am trying to sell some gold coins . i am located in melbourne but coins from england, sweden,iran. what is the best online store or auction sides apart from ebay i can sell them to? or if anyone is local and knows the place?please help

    • ANSWER:
      try to sell them on ebay or go to a pawn shop and find out how much they are worth

  23. QUESTION:
    Where Can I Sell A Buffalo Gold Coin?
    I have a "W Buffalo G .9999 Fine PF 69 Ultra Cameo". I want to know where I could sell it. I live on Long Island if anyone could make any specific suggestions that would be great. I'll take any suggestions. Thank you in advance.

    • ANSWER:
      .9999 Fine is exceptional fineness. Does it list a weight?

      Gold is selling for 6.90US / Troy Ounce.

      If you take it to a coin shop they should be willing to pay you close to spot price for it, or you can take your chances on E-bay.

      Grandpa

  24. QUESTION:
    What's the best way to sell a gold coin?

    • ANSWER:
      Ebay!! or somewhere online so that tons of people can see it.

  25. QUESTION:
    Should I Sell My Gold Coin?
    Ok, my name is Saige and I'm trying to make 2000$ to be able to go to a DC trip next year... I have a one ounce gold coin that my Dad gave me when I was maybe 3. He doesnt live with us anymore and isnt part of my life. What Im wondering is should i sell it? that would make getting money so much easier? thanks lots for helping!

    • ANSWER:
      If your trip to DC is next year, you might want to wait to sell it. Gold prices are likely to go up.

      Spot price of gold is just below 00/oz right now, but there is a premium on coins, so you might do better. Sell it to a coin shop or a private collector, rather than a pawn shop or one of those cash/gold storefront places. They will probably not pay you fair value for your coin.

      You can look up the price of gold anytime here:

      http://www.kitco.com/

      Although as I said earlier, coin prices tend to run higher.

      Grandpa

  26. QUESTION:
    Where is the best place to sell a gold coin?

    • ANSWER:
      coin store

  27. QUESTION:
    I want to sell gold coins in San Diego . Can you recommend a place that is safe.?
    I have some gold coins from my father and would like to sell them. I don't know much about the coins so I could use a recommendation as to who is honest and fair. Thanks

    • ANSWER:
      look for jewelers or coin dealers in the phone book and go to 2 or 3 and see who gives you the best price

  28. QUESTION:
    Where can I sell my Gold Coins today in Los Angeles?
    I'd like to sell my Gold and Silver coins today but most companies require that I mail it in which takes several days. I live in Los Angeles what is the easiest way for me to sell my coins today?

    • ANSWER:
      gold line has an office in la. you might try there.

      goldline.com

  29. QUESTION:
    A coin dealer offers to sell you an ancient gold coin that is 2.4 cm in diameter and 3.5 mm in thickness. ?
    The density of gold is 19.3 g/ cm^3. How much should the coin weigh if it is pure gold?

    If gold sells for 0 per troy ounce, how much is the gold content worth? (1 troy ounce = 31.1 {rm g}).

    • ANSWER:
      Consider a coin to be a very short cylinder. The volume of a cylinder is πr²h. so the volume is approximately (355/113) (1.2)² (0.35) cc, which multiplies out to 1.5835 cc. Multiply by 19.3 g /cc , mass is 30.5589 grams = 0.9826 Troy ounce.

      0 * 0.9826 = 8.86

      Grandpa

  30. QUESTION:
    how to sell gold coin in india ?

    • ANSWER:
      give it to a हरिजन instead and receive instant karma from धन लक्ष्मी

  31. QUESTION:
    How much can I sell this gold coin?
    I just received a gold coin earlier today with a chinese logon on it from a close friend with a yesterday invoice price of HK,236 (about US,500) for a "good" favour I did for him.

    The coin is 999.9% gold, with its value of HK,790 based on its actual weight. With additional labour charge of HK0, and HK5.80 commission, it totals to HK,236.

    Is there a market for gold coin because I have no use for this gold coin? And if so, how much can I possibly sell it for - at 80% of its HK,236 yesterday value?

    • ANSWER:
      First, have it appraised by any reputable coin dealer to see if it has any numismatic value otherwise sell it as just gold for the best price you can get from a host of people who buy gold. Also consider listing it on ebay or craigs list.

  32. QUESTION:
    how much would a gold coin sell for?
    a gold coin from the leprachaun

    • ANSWER:
      al give you a dollar for each one how many av ya.

  33. QUESTION:
    dealer sell gold coin 2.2 in diameter & 3.0mm thickness, Density gold:19.3g/cm^3, how should weigh if all gold?

    • ANSWER:
      d=m/v
      m=dv

      v=a*h=pi*r^2*3.0mm

      r=d/2=2.2in/2=1.1in However all units must agree so
      1in=2.24cm

      1.1in*2.24cm/1in=2.464cm
      3.0mm*1cm/10mm=0.3cm

      Therefore,
      m=pi*(2.464cm)^2*0.3cm*19.3g/cm^3
      m=110.4g

  34. QUESTION:
    how to open a shop to sell coins & gold & jewelry?
    help! some things aren't clear to me, i know that you can sell your precious silver and gold coins on ebay or other retailer(coin shops)
    BUT what i dont know is that do you need special certifications or anything else to open your own coin shop to sell and buy jewelry, silver or gold

    sue-

    • ANSWER:
      Inquire at City Hall of your town.
      Suggest you also write a business plan before you open your doors.
      Also: Are you educated in precious metals and numismatics?
      Very serious prerequisites....if you hope to derive a Profit.

  35. QUESTION:
    how can i sell off gold coin (purchased from bank)?

    If i purchase gold coins from any bank. after some time, I want to sell it and need cash.

    • ANSWER:
      Most jewellery shops buy gold from individuals. If you want cash, then they discount some amount.So be careful and negotiate. But if you wish to buy a gold ornament from them, then it is easy for you. Most of then buy your gold on that day's market price.
      Normally, they don't prefer to give you cash. They want you to buy ornaments from them.

  36. QUESTION:
    How is the fastest way to sell gold-Canada Gold Maple 1 oz.coin, not online. Do banks exchange them?
    I have no bank account-does ebay wire $. It is a precious metal in currency form, bank?

    • ANSWER:
      Banks in the US won't exchange them because it is not circulating money from Canada.

      If you're in Canada they would exchange but only for .

      Like others said a jeweler is the fastest, they'll weight and test it and give you 90% of it's value about 0.

  37. QUESTION:
    How should I sell my Irish gold coins?
    I have 20 Irish gold coins that should sell for 0
    each. Ireland 1990 50 ECU coin. What would be the
    best ways for me to try to sell them. And would it be
    worth my while to have them graded before I sell them?

    • ANSWER:
      certainly don't put them in a kettle at the end of a rainbow, like i did *#&$ing thieves...

  38. QUESTION:
    Where to buy and sell gold bars/ coins in Delhi?
    I want to buy gold bars or gold coins in Delhi. Some say that banks are selling it for higher price, so I guess I should opt for jeweller shop. Any idea, which jelweller shop can I trust? Also, how do I know if the gold bar is pure?

    Do I need a PAN card at the time of buying and selling gold bar from jeweley shop?

    Do I need to pay tax if at the time of selling gold bar? What if I got cash from buyer?

    • ANSWER:
      Banks may be offering a higher price but it's safe and prudent to buy gold from banks as the gold is pure and reliable and will certainly give you better returns whether or not you sell them back to bank or in open market... ICICI bank Gold is good.. Go for it

  39. QUESTION:
    What should I know about selling a gold coin on eBay?
    I have bought and sold many times on eBay, but what should I know about selling a gold piece worth 00? Is it enough to set a high starting bid, require PayPal, and supply big, sharp photographs of the coin? Is it worth the expense to have the coin professionally graded, sealed, and certified first? What ripoffs should I be aware of?

    • ANSWER:
      Certified coins tend to bring more in the coin market, including eBay. There are two services I recommend: 1) PCGS (Professional Coin Grading Service) and 2) NGC (Numismatic Guaranty Corporation).

      Good closeup photos that you can take with a digital camera are a must. Be sure to use the "macro" setting and no flash when you take the pics. Position your light source (a lamp is fine) off to the side somewhat of the coin.

      Before you set your starting bid, see what coins like yours have sold for recently. Use the "Completed Listings" check box located on the left panel of the listings. Prices that show in green are for items that actually sold at those prices.

      One more thing... Give some thought to your write-up. A gold coin is special. Learn something of the history behind these coins. Your twenty dollar gold piece, also known as a "double eagle", is much more interesting than a mere bullion coin. It doesn't hurt to romance the sale a bit! Check my web site for some ideas: http://www.valuable-coin-stories.com/us-gold-coin.html

  40. QUESTION:
    I want to sell a valuable gold cutlery set in London. Where should I go?
    Many shops buy/sell gold coins or jewellery but I can't find one that buys gold cutlery. Can anyone help me?

    • ANSWER:
      Gold is a soft metal and makes a poor edge. For it to be functional cutlery, there can't be a high gold content/carat value in it.

      You can try jewelers who melt down old jewelry but, be prepared if it doesn't fetch the price you're expecting. Extracting what little gold I suspect is in the cutlery might make them worth less than what you thought.

  41. QUESTION:
    Where can you buy and sell Gold Bullion Coins in the Philippines?
    Where can you buy and sell Gold Bullion Coins in the Philippines? Would you consider Marigold Int'l Bullion Dealers Ltd (Makati)? Or would you recommend some other place?

    • ANSWER:
      Somewhere.

  42. QUESTION:
    if we sell the gold coins if is realise the current market price?
    if we sell the gold coins is it realise the current market price ? is it accept the jewellars.

    • ANSWER:

  43. QUESTION:
    Is it time to sell my gold coins?
    I believe gold is either headed down or be steady for the next two years at least.

    Should I sell my coins now and invest in stock funds?

    • ANSWER:
      Gold prices, adjusted for inflation, remained the same for SIX HUNDRED YEARS until the invention of mass e-mailing in the 1990s made possible the 'corraling-in' of millions of hapless new customers...

      Gold will be trading for somewhere back between 0/oz & 7/oz sooner rather than later, so now is as good a time as any to sell....folks who bought gold in 1492 (the year Columbus "discovered" America) at the peak price of ,400 an ounce are STILL waiting for it to "go back up", LOL!

  44. QUESTION:
    where can I post free ads for a 0 gold coin i want to sell?
    I am selling a 1990 Irish gold coin worth about 0. I placed ads on
    craigslist and backbage and wondering if there are any other free
    sites that would be good for this

    • ANSWER:
      Try and put it on ebay. it only cost about a few dollars not much.

  45. QUESTION:
    How to sell gold coins?
    Could someone tell me how to sell gold coins/bars in India?

    • ANSWER:
      go the a jeweller, but the biggest one , in your town.

  46. QUESTION:
    How much can I expect to sell my 1 oz., uncirculated, 1987, Panda gold coin for?
    And any ideas about where to sell it to get the best deal?

    • ANSWER:
      ,600.75 on ebay, here is a link of one being sold
      http://cgi.ebay.com/1987-S-PANDA-1-Oz-GOLD-COIN-NGC-MS67-MS-67-CHINA_W0QQitemZ360220213418QQcmdZViewItemQQptZLH_DefaultDomain_0?hash=item53decc40aa#ht_595wt_939

  47. QUESTION:
    With gold high is it better to hold onto a low mintage gold coin, like the 2008 W Gold Eagle or sell now?
    I am wondering if the price say for the quarter ounce Gold Eagle at ,000 since it is the lowest mintage or is the high price of gold keeping it that high and when gold drops the price will reflect this.

    • ANSWER:
      I can not seem to find in any price guides the mintage figure for the 2008W 1/4 ounce gold eagle. I do know there are 2 of them one is a proof and the other is what the mint calls burnished. The regular uncirculated one has no mint mark. The high cost of gold has driven the value up of all gold coins even common ones. Most modern gold coins except some proof collector ones go up and down due to the value of gold, the proof cost more so have a collector value, there is also a lot less of them. I really don't expect gold to take a real nose dive this year. The economy is still in real bad shape and people are buying gold as a hedge on inflation as well it is a good investment right now. You need to keep an eye on the market which is easy for you can get the spot price of gold on line. It would not hurt to check with coin dealers to see what they are paying, for they do not pay spot usually. You can get an idea of the market from the dealers. I would not sell now but that is only my opinion, that could change tomorrow if I see the market changing.

  48. QUESTION:
    Where you can you sell gold coins for the highest amount?
    I am in beverly hills/west hollywood.

    • ANSWER:
      http://goldkit.com/ this is a place that claims to pay highest prices for gold, and you can mail it to them. If you want to deal with someone local, it's best to call coin dealers or pawn shops. Most places will pay the current market price, which can be found at http://www.kitco.com/charts/livegold.html and many other websites.

  49. QUESTION:
    There are N- no of ways to buy gold. But I find it hard to sell gold in time of need. Where to sell gold?
    I asked a bank whether they will buy back the gold coin they sell to customers and the bank guy promptly replied 'NO!'

    • ANSWER:
      Banks do not sell or buy gold.

  50. QUESTION:
    Is now a good time to sell gold and/or silver, or will the price go up more?
    I have about an once of gold and a couple of silver and I was thinking about selling. Is it a good time or will the price continue to go up. The gold I have is a gold coin. Is it more profitable to sell it as a coin, or for the amount it's worth in gold. Also, were is a good place to sell metals.

    • ANSWER:
      Some people say it will go up higher... but many people think it's too high already. There is probably a 0 "anxiety tax" on it. It just depends on the market... so if the US economy continues to tank, then gold looks like a better investment and will continue to go up. http://www.goldintomoney.com has more information on selling your gold


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