How To Sell Gold And Silver Coins

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.

How to sell gold and silver coins. Avoid the quick cash grab. Do not go to a store or jewelry shop that has a big we buy gold and silver sign in the window. Cash in your coins. Take your gold coin to a jeweler or pawn shop. To sell gold coins try selling them online through a reputable gold trading website for convenience.

Silver price only affects junk silver coins or culls only dealers have been ripping people off paying spot price for very rare coins. Filling out an online form on a gold buyer s site with your name address and general info about your item receive a mailer to sell your jewelry or coins send in your gold item then get a quote by email or phone. 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. Look for a reputable jeweler or pawn shop take your gold coins to them and ask to have an estimate to assess their value. The best you will do here is get bullion value for coins that could be worth several times more.

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. There are also rare collectible numismatic coins can sell at a sometimes very high premium more than the silver gold value alone. Where to sell your gold and silver. Certain coins with numismatic or historic significance fetch a higher price than their bullion value. American gold eagle south african krugerrand which sell for approximately their base silver gold value.

The best way to figure out a good wholesale price for your coins is to negotiate with as many dealers as possible. Once you have some gold and silver to sell you need to decide where to bring it. For instance does the coin have historic value. 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. Additionally don t go to a.

It s also a good idea to know the current price of gold or silver. 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. The general way to sell gold online includes. Generally speaking most people go to a pawn shop or bullion dealer. The most common are bullion coins e g.