How To Sell Gold And Silver Coins

American gold eagle south african krugerrand which sell for approximately their base silver gold value.

How to sell gold and silver coins. For instance does the coin have historic value. You can also sell your coins on an auction website like ebay where you might be able to find a customer who is willing to pay more money. Went to sell some today slabbed graded peace dollars 1 is ms 65 value is 160 been to 4 dealers and their offer is 13 00 to 17 00 avoid dealers like the plaque. Reputable precious metals dealers are often few and far between in person but many are moving their business online opening up new possibilities and risks. Do not go to a store or jewelry shop that has a big we buy gold and silver sign in the window.

The best you will do here is get bullion value for coins that could be worth several times more. Once you have some gold and silver to sell you need to decide where to bring it. To sell gold coins try selling them online through a reputable gold trading website for convenience. Take your gold coin to a jeweler or pawn shop. Where to sell your gold and silver.

The best way to figure out a good wholesale price for your coins is to negotiate with as many dealers as possible. It s also a good idea to know the current price of gold or silver. Cash in your coins. The general way to sell gold online includes. Certain coins with numismatic or historic significance fetch a higher price than their bullion value.

It is an option to sell directly to a jeweler or pawn shop but you should make a trip to either or both places no matter where you sell. If one dealer makes an offer 25 percent below retail you ll know you should steer clear. You might find that a few dealers make offers around 10 percent below retail value. Avoid the quick cash grab. Generally speaking most people go to a pawn shop or bullion dealer.

Look for a reputable jeweler or pawn shop take your gold coins to them and ask to have an estimate to assess their value. If you are looking to sell gold or silver coins be sure to check if they have any additional worth beyond melt value. Selling the rare coins you ve inherited 2nd edition. Silver price only affects junk silver coins or culls only dealers have been ripping people off paying spot price for very rare coins. On that specific day before i even dared enter that coin shop with those 10 gold eagle coins to sell i checked and knew with my smart phone a what the current gold spot bid price was and b what other high volume online retailers were bidding at that moment on gold eagle coins.