Sell Gold For Cash
Turn Your Old Gold Into Cash!

Where To Sell Gold Coins

If you have bought gold as an investment, you may need to know where to sell gold bullion. More caution is required if you plan to sell gold bullion by mail than if, for example, you were sending in a gold chain. The amount of money is usually far greater for those who sell gold bullion, so one of the first things you need to look at is how much your shipment will be insured for. Many companies limit this to 0 (Silver and Gold Exchange insures your shipment for up to ,000) which is seldom enough for anyone who is seeking to sell gold bullion.

You also need to make sure you are dealing with a reputable dealer. Unfortunately, there are many rip-off artists out there, so you need to check their record of complaints with the Better Business Bureau and the Federal Trade Commission. Many of these companies have literally hundreds of complaints. (Silver and Gold Exchange has never had one single complaint lodged against it, and is a Better Business Bureau Accredited Business.)

Next, evaluate the price each dealer is offering. Some post out-dated prices on their website, so it is best, especially if you are going to sell gold bullion, to check the price over a period of several days. If it never changes, you can be confident that this is not the price you will receive if you sell gold bullion to them. (Silver and Gold Exchange uses a alivea price board, which is continuously updated as long as the market is open.) You will find a wide range of prices, and if you are selling items you purchased for investment purposes, you naturally want to find the best price before you sell gold bullion to anyone. Even a cursory check with local sources will tell you that you can seldom obtain the best price locally when it is time to sell gold bullion.

See what the terms are if you offer to sell gold bullion to a company and do not like the price offered. Some companies just receive your order and mail you a check. Then, if you do not like the offer, you have a limited amount of time to respond and retrieve your items, usually at your own expense. Silver and Gold Exchange does not operate in this manner. When you offer to sell gold bullion to them, they email you an offer. If you don't want to accept, they pay the cost to return your order to you.

Some companies may not let you include other items when you sell gold bullion, or may not even accept things like broken jewelry or gold coins. This means that you have to find one dealer to sell gold bullion to and another for your jewelry. Silver and Gold Exchange has a long list of everything they buy on their website, but it encompasses virtually all gold, except items that are gold plated or gold filled, so you can sell gold bullion to them and also include all of your other gold or silver items in the same shipment.

Silver and Gold Exchange is an excellent place to sell gold bullion and any other precious metals you might have. One visit to their website and a quick review of their credentials can convince you that they are the best place to sell gold bullion.

Frequently Asked Questions

  1. 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.

  2. 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

  3. 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.

  4. 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

  5. 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).

  6. QUESTION:
    Selling gold coins - Where is a good place for selling gold coins online?
    I inherited some gold coins last year, and after a while thinking about what to do with them, I decided to dispose them.
    So my question is, can someone tell me a good site for selling gold coins online?

    • ANSWER:
      We were selling gold coins and other gold jewelry a few month back.
      I was searching online for weeks to find a reliable seller for selling gold coins and our other gold jewelry.
      At the end, we sold our gold at the website below and I'm really satisfied with the result.

      They send you an postage paid envelope and all the other informations you need for selling your gold.

      Hope that helped you a bit. :-)

  7. QUESTION:
    Where to Sell Gold Billiards & Coins in London?
    I have a gold billiard (1 ounce, solid gold) and a coin (1/2 ounce, solid gold). I'm launching a business right now so it's probably the best use I will have for the gold and makes the most sense to sell it now to raise extra funds.

    Does anyone know Jewellers or traders or any place in London, that buys Gold billiards and gold coins and pays the market price (the actual Index price that gold is valued at on that day). I know the value changes a few times a day and I know there's companies who buy unwanted jewellery at rip off prices. I want to actually walk in to a building, hand the gold over and be given the real value of the gold... Is there Banks, Gold Dealers, Traders or Jewellers that pay the Market and Trading price, does anybody know where they are in London?

    Any useful advice is appreciated,

    Thank you :)

    • ANSWER:
      http://www.spink.com/home_page/index.asp
      These are dealers that are well known, if they are not interested, I'm sure they can tell you someone else. Just found this link to loads of dealers, phone a few and ask them. http://www.numis.co.uk/london.html

  8. 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

  9. QUESTION:
    Where to Sell 24k Gold Coins???
    I want to purchase some 24k Gold Coins, i want to know that where to Sell them after Price Hike.
    Is investing Money in Gold is Good?
    From where to purchase pure Gold coins in low Prices?
    Which one is more good, invest in Gold or Fixed Deposit money in Bank.

    • ANSWER:
      There are virtually no 24k gold coins. They would be too soft and wear out quickly. Most major gold coins are .900 fine or .917 fine (22k). However, when you buy a Krugerrand, Canadian Maple leaf or American Eagle coin, while they are .900 fine, they still have exactly 1 ounce of actual gold contents.

      Is investing in gold good.? I am a gold investor and right now I am selling some of it, because I believe it has reached a bubble about to burst.

      Where to buy? Check the eBay auctions (literally thousands of gold and silver coins are available every day) and you will get some of the best prices there without paying the sometimes obscene dealer mark-up.

      Is gold better than a fixed deposit at a bank? Only time will tell. In a fixed bank deposit will will now earn virtually nothing, but you will still have all your money a year from now, while gold may be dow 20% from where it is today.

  10. QUESTION:
    where to sell gold coins?
    ft worth area

    • ANSWER:
      You could list them on ebay, easy to do and a lot of exposure for your items. Research the coins value before listing.

  11. 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.

  12. 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.

  13. QUESTION:
    Where can I go to sell my gold coins in the South SF Bay Area?
    I would like to find a business that is a straight shooter, fair & trustworthy. Thanks for your help!

    • ANSWER:
      Just over the hill in Pacifica is this place. They will treat you fair.

      Coastside Coins
      215 Rockaway Beach Ave, Pacifica, CA 94044
      (650) 703-8612

  14. QUESTION:
    where to sell or evaluate your old coins gold or silver?
    i have some old coins and want to sell them . some of them gold and some silver.
    where to sell them . i don't want to sell them online.
    thanks.
    i live i USA IL

    • ANSWER:
      I see by your Pulse info that you're in Chicago.

      I'd suggest you try Harlan Berk first. They're downtown (I _think_ they're on State St.) I didn't see a phone # on their web site, but you might want to give them a call to confirm their location.

  15. QUESTION:
    Where to sell Silver and Gold coins for CASH money!!?
    Ok My grandfather passed away and he left me a chess full of silver and gold coins.... i know they are worth a lot of money, but i dont know who to sell them to or how to turn it into cash? can someone help me?
    ITS REAL GOLD AND SILVER GOT IT TESTED!

    • ANSWER:
      My friend sold a bunch of her silver, gold and platinum. I don't know what the best thing to do in your situation is.
      My friend compared of online places, and she found one she really liked. It is a member of the BBB, featured in USA Today, and has a great reputation. Plus, they were willing to give her the most money, and paid her fast. I will provide the link for you below. There is a lot of great information on the site.
      Good Luck! Hope you get what you want for it!

  16. QUESTION:
    If you had the chance to go to any country, where would you go to sell gold coins to make a good profit?

    • ANSWER:
      eBay
      coins category
      gold coins / bullion category

  17. QUESTION:
    Where can I sell my gold coins?
    Hi

    My Uncle have a collection of gold & Platinum coins that he wants to sell as the value of gold is high right now. Where are some of the safest website that I should sell to?

    I have searched some online sites, there are a few that will mail out an envelope for you to send to them and once they receive the coin, they will let you know the value of your coin's worth and send you a check but this doesn't sound too safe. I think my Uncle would like to know what his coin is worth before selling/ sending it away to an online company.

    Please help!

    • ANSWER:
      Well, I don't know any honest places to sell gold coins. But, gold is down over the past two months, reaching a point lower than it was a year ago. However, it will most certainly go up again soon. I recommend waiting a few more months before selling the coins.
      Please note, I'm not a market analyst. So keep track of the value of gold yourself at http://goldprice.org/gold-price-history.html .

  18. 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.

  19. QUESTION:
    Where do I need to go to sell a couple gold coins?
    I have two 1 oz Gold St. Gaudens coins that I need to sell due to a family emergency. I have never dealt with this before and need to know how to go about selling them.

    • ANSWER:
      You will get the highest price by 10-20% on ebay, but it takes a couple weeks to get payment and there is a slight change of fraud. For a fast sale check your phone book for a local coin dealer. You can expect to receive the bullion price of the gold. You can also sell gold at www.kitco.com. They are very reputable.

  20. QUESTION:
    Where is a good place to sell my rare gold coins?
    I would like to sell them to collectors, rather than sell them for their straight gold value. I've tried Backpage, craigslist, and Ebay, is there anywhere else i should be looking?

    • ANSWER:
      You can try these links. Most of these companies will sell your coins to collectors for a fee though you may make up the difference with the visibility they provide.

  21. QUESTION:
    where to sell 10z. gold coins in atlanta/alpharetta area?

    • ANSWER:
      COIN DEALER OR PAWN SHOP .

  22. QUESTION:
    Does anyone know where i can sell 1904 gold russian coins?
    If you are knowledgeable on this subject , and would like more info . ask il be glad to get you up to speed..

    • ANSWER:
      For it's gold content.... just about any jeweler will buy them at a decent market rate.

      For the numismatic value... find a coin store or run a search on Ebay to see who else is selling them and what they are asking for.

  23. QUESTION:
    Where sell gold except to coin shop where i bought it?

    • ANSWER:
      You can sell your gold online at:

      http://www.shareasale.com/r.cfm?B=185538&U=366479&M=23357

  24. QUESTION:
    How much can i get selling gold coins?
    I have a bunch of the American Gold Eagle .25 ounce coins. How much money can i expect to gain per coin sold to a coin shop? or is there a better place to sell the gold coin to where i can get more money for it?

    • ANSWER:
      A coin dealer will charge a 5% fee on average, so you can expect to sell your 1/4 ounce gold coins (if in like new condition) for about 0US right now. You might get 0US per coin on eBay, but don't forget those fees. I hope that helps.

  25. QUESTION:
    Where can i sell gold in mumbai ?
    I would like to sell a gold coin. Please tell me how and where i can sell it in Mumbai since i am currently residing there...

    • ANSWER:
      Certified jewelers should be able to give you market rates for your gold. Compare rates across different shops to get a good deal. Know that most jewellers deduct around 10% from the gross value of your gold as tax or margin.

  26. 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.

  27. QUESTION:
    Where can I buy gold coins in hongkong ?
    I am looking for a shop which sells gold coins ni hong kong preferabbly they should have a website to.

    • ANSWER:
      Gold shop

  28. QUESTION:
    Is there a website where i can buy gold bars or coins by the gram?
    i needed to know if there was a website that sells gold coins or bars by the gram. like where i dont have to buy a specific amount in order to buy,, and if it will be at the current price of the market thanks

    • ANSWER:
      Yes. I have some 10 gr bars from kitco.com you can get 1gr 5gr 10gr and 20gr as well as coins and larger bars. 1oz= about 28gr. But watch out there is more percentage mark up on the lower gr weights. Look for "chip gold" if you want the gr bars.

  29. QUESTION:
    Where can I buy Gold coins or biscuits?
    I know the online places to buy gold etc. But I was wondering where can I walk in and buy like a retail standard gold biscuits or coins. Is it like a bank or some kind of institutions that sell gold to individual customers? I just would like to buy 2 or 3 of them. Thanks in advance.

    • ANSWER:
      gold coins: any coin shop - also silver

  30. QUESTION:
    Where can I sell silver and gold for a better price?
    I have to silver coins. I check them in the INTERNET they cost each one 200 dollars. I went to a pawn shop they offer me 40 dollars for both, Then I went a buy sell gold store they offer me 80 dollars. Where can I sell silver coins for a better price? auction? internet? pawn shop? WHERE?

    • ANSWER:
      ebay or craigslist.

  31. 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.

  32. QUESTION:
    Where is the best place to sell gold and silver coins?

    • ANSWER:
      You could try your local coin shop. Stay away from pawn shops. You need to get a 2007 Red Book so you can have some ideas of the coins values. You could also try to sell a few coins on Ebay to see how it goes. You should really think about why you are trying to sell right now considering the way the market is. If you hold on a little longer, maybe by next summer, your gold and silver will be much more valuable, possibly two or three times more.

  33. QUESTION:
    Who knows where I could sell old coins, in Los Angeles County
    I have a 1907 Diez Pesos gold coin, I want to know where I could sell it. If you know or if you collect old gold coins, I'm selling one for 0.00. Let me Know.

    • ANSWER:
      look up, coin dealers in the yellow pages.

  34. 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).

  35. QUESTION:
    question about where to sell gold..?
    i bid on gold on ebay and won and got its (15) St. Gauden mini gold coins 1907 and i was wondering where to sell it an how much is it worth

    • ANSWER:
      This company is very well known for buying gold from people:

      http://www.shareasale.com/r.cfm?B=185538&U=366479&M=23357

      You can also get a price check from them for free.

  36. 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

  37. QUESTION:
    Where do I sell my gold and silver jewelry in Detroit area?
    Who in Michigan pays the most money for Gold and Silver? I have Gold Coins, Silver coins, gold jewelry, and silver jewelry. Also it would be helpful to know if they have more than one location because i don't live right in Detroit and don't want to drive into the city to go to a pawn shop.

    Thanks for the help

    • ANSWER:
      Paul I use ChecknGold - they have I think 8 or 9 locations in the metro Detroit area and they buy gold, silver, diamonds and coins. I know that they are 30% more than Tappers, pawnshops, and Gold Exchange. I have had Great luck with them and would tell anyone that is looking for a good place to sell to to use them.

      Thanks

  38. QUESTION:
    If I buy gold coins as an investment, to where do you sell it?

    • ANSWER:
      I have no idea. All I can say is forget gold coins, if you want to invest in gold, buy the gold ETF, ticker GLD. This way you get the price appreciation of gold without having to worry about where to sell it or how to store it.

  39. QUESTION:
    My aunts want to sell two India gold mohurs (11gr) and one gold British Soverign coin. Where and how to sell?
    The British coin is dated 1894 Victoria. The mohurs have Arabic or Urdu writing and each weigh about 11 grams and have different diameters and are not perfect circles.

    • ANSWER:
      Try to sell on E-bay.

  40. QUESTION:
    Where to sell collectible golden coins?
    I am looking for a reliable place where to offer my grand dads coins. Most of them are European, gold or silver coins. I do not know the current value, but I know that they were not cheap to buy a few decades ago already.

    Anybody with suggestions?

    • ANSWER:
      Most coin dealers would not give you their true value (especially the silver). Please search this link for coin dealers specializing in world coins and/or world gold, and you should get more than one opinion. I hope that helps.

  41. 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.

  42. QUESTION:
    Would it be worth it to sell my silver coins to a place where a convention is at that buys gold & silver or?
    would it be better to just keep the coins ?

    • ANSWER:
      If the place you're looking at is anything like the ones I've seen advertised locally, I certainly wouldn't sell it there. One of the ads shows that they pay " and up" for US silver dollars minted before 1936. The problem is that at the current silver price, there is about worth of silver in them.

      If you really want to sell, and what you've got is coins and bars, I'd go to the nearest coin dealer and see what you'd get for them

  43. QUESTION:
    Where to sell a 2007 misprinted Gold George Washington Coin?
    A few days ago I read in a mag. that there has been a lot of 2007 misprinted Gold G.W coins and people selling them from .00 and way up. Today my son was awarded a Gold dollar for all A's in School and It just so happend to be one that was mentioned in the article I read. It is missing the words. "In God We Trust" I don't know where or how to go about finding out where to look to see how much I can get for his. He could sure use it, rather than keep this shiny coin. If anyone knows where to sell it for big bucks please help. My son would appreciate it.

    • ANSWER:
      Go to http://www.pcgs.com/ (Professional coin grading service)
      The quotes are for graded and slabbed coins only,
      Other wise check out this one
      http://coinworldtrends.com/content.asp?content=grading&visitor={B63AA505-D763-4960-B26A-B5BFECC0D48E}

      PS forget about selling it on e-bay, you won't get a 1/3 of it's value.
      For the higher value, you would have to have it graded and that run around if you are a member.

      Depending on the grade ms-60 to ms-67 it ranges from to ,000 but once again that's for a PCGS slabbed coin.
      Good luck in finding a buyer, or better yet, hang on to it, by the time he reaches 18 he may be able to buy a house with it.

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

    • ANSWER:
      coin store

  45. QUESTION:
    does every bank sell gold/silver coins?
    i was thinking of buying some gold or silver coins or just gold/silver period to have for a investment, how much do gold or silver coins cost? and where can i get them? banks? coin shops? and is it true they go up in value?

    • ANSWER:
      In some countries, the current bullion coins are sometimes available at banks or post offices, but the US isn't one of those countries.

      Probably your best bet would be a coin shop. If you're looking toward just having some precious metal, and don't care about any numismatic value, you're going to want to look at "bullion" coins. The price is going to vary based on the "spot" price for gold and silver. Right now, that's 67 and .55 per troy ounce.

      If the value of gold and silver go up, then the value of the coins goes up. If it goes down, then so does the value of the coins.

  46. QUESTION:
    how/where can I sell a Gold old coin (probably has collectible value)?
    My in-laws have a solid gold (50 Mexican pesos) coin
    It's 24 K gold and it weighs 36 grams, the coin is rather old so I am guessing it must have a collectible value
    I would like for them to get the best possible value
    Thanks!

    • ANSWER:
      Find a local coin shop and see what there numistics expert says it worth and go from there, then go from there depending on the value you could offer in a classified in a coin collectors magazine or newsletter, also look for a coin show in your area and see who would offer you the most after you find the value of it,. You could also try ebay/

  47. QUESTION:
    Where can I sell my 1991 American Gold Eagle 4-Coin Proof Set?
    I do not want to sell it online like ebay or amazon. Any local stores I can sell to? Should I go to a local Jeweler?

    • ANSWER:
      Forget Amazon. But if you pass up eBay, you're losing out on the world's largest marketplace of ready, willing and able spenders. Yes, you have to pay fees. But for the high price you're talking for this set, the total eBay and Paypal fees will be no more than 5%.

      They are going for around ,700 on eBay, if you have all of the original US Mint packaging.

      You've got 1.85 Troy ounces of pure gold. Today's closing price was ,186 per ounce. Bullion value is around ,200. If you only got ,500 on eBay and paid 10% in total fees (which you won't, for an auction listing, the maximum charge is , which is less than 1.5%, and the Paypal fee is 3%), you would net ,150. That's 0 more than bullion price.

      No local dealer, coin shop, jewelry store, etc, is going to pay you anywhere NEAR 0 above bullion price. And, in reality, if you get ,600 on eBay, you're going to net ,400. That's ,200 over bullion, not 0.

      Maybe you don't have an eBay account, or just don't want to deal with it. I do have an account, for over ten years, with perfect feedback. I can help you get more than any local place will pay you. Contact me.

  48. QUESTION:
    sell gold Boston Where do i sell gold in Boston? sellgoldboston.org looks good. Plenty of parking behind build?
    Plenty of parking behind building, right off the redline train. Is Somerville Davis Square a safe place to sell gold in Boston. They say the pay 80% of spot gold price in Boston. I feel better than going to downtown crossing to sell my gold in Boston. I have about 0.00 worth of gold and silver. Does sellgoldboston.org buy silver. It says sell silver Boston on their site. Thanks for your help. I just want to know if anyone used sell gold boston .org . I want to sell some silver coins as well.

    • ANSWER:
      Yes they buy bothy gold and silver. They are your best place to go.

  49. QUESTION:
    Where to purchase gold and silver coins?
    I would like to buy some gold and silver coins to use as barter in the case of economic collapse. (US) If the collapse never happens, which I pray it doesn't, I wound just pass them on to my children. Can anyone recommend a reputable seller of these coins? And also one that will sell me the amount I want to buy and not the amount they want to sell?
    Thanks!

    • ANSWER:
      I've been trading silver through Apmex for several years. They give the current quote and mark it up a little. And they deliver right to your front door.

      http://apmex.com/

      I gave away 5 oz bars/coins of silver at Christmas two years ago to family members, and last Christmas they were almost double the price. The gift that keeps on giving.

      Oh, another good site:
      http://www.kitco.com/

      You instinctively already know that holding a paper ETF is not the same as holding physical gold. Until the Flash Crash a couple of weeks ago, nobody realized that ETF's could freeze up and lock you out of trading or redeeming the underlying. If one of the reasons you're buying gold is to protect against a crash in the system, then that very reason may be why you're left holding the bag (paper ETF instead of physical gold) in the event of a crash.

      Read this article how GLD/SLV ETF's may not be redeemable:
      http://www.gamingthemarket.com/financial-armageddon-zombies.html

  50. QUESTION:
    Where can I sell my coins?
    Well, I have a lot of coins from lots of different countries and I really need to sell them. So where would I sell them?? I also have some gold that I need to sell as well. where can I sell all of these?? Please help!!!

    • ANSWER:
      The best place is ebay, they have a large coin section, and gold section. You can also compare your coins to the other coins for sale, which will give you some idea on how much they are worth.


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