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Cash4Gold
Xander Hahn
Wiki User
∙ 14y agoMany people purchase gold coins as a way to invest in gold in a (relatively) low cost and liquid way. Gold coins tend to contain relatively small amounts of gold (rarely significantly more than an ounce), and while many older gold coins are collected for numismatic reason, the vast majority of the so-called bullion coins (South African Krugerrands, American Eagles, Canadian Maple Leaves, etc.) are purchased for their gold value.
If your question is more akin to "Where could I sell a gold coin that I currently own", I would suggest going to a reputable coin dealer. If the coin in question is a bullion coin, you could also go to a jeweller or goldsmith. In any case, I would suggest that you know what the gold content of your coin is, what the current price of gold is, and whether you coin has any numistmatic value (aside from its gold value).
As a guideline, 1 troy ounce bullion coins will generally have bid/ask spread of a few percent (that is, a dealer would purchase a bullion coin from you at a couple of percent below the spot price of gold, and would sell it to you for a couple of percent above spot). Those spreads will widen for smaller coins (1/4 troy ounce and 1/10 troy ounce), although not by as much if you're dealing with multiple coins (i.e., the spread on 10 one-tenth troy ounce coins should be smaller a percentage basis than the spread on a single one-tenth troy ounce coin, although the spread on a single 1 troy ounce bullion coin would be better than either).
Wiki User
∙ 14y agoCoin collectors (numismatists) if it a collectible coin, if the coin is worth more as scrap metal then metal dealers buy them.
Wiki User
∙ 11y agoMany countries produce coins made from gold for the collector and investor market. No country these days could afford to make general circulation coins from gold or any other precious metal.
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∙ 8y agocollectible coin dealers?
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Who buys coins in Florida?
Coin collectors will buy your coins.
Who buys gold commonwealth games coins?
Coin collectors buy Commonwealth Games coins.
What is second hand clothes?
When you give clothes to somebody else that are previously worn. Consignment shops sell second hand clothes because somebody bought them new, wore them for awhile, and then donated them. The person who buys the clothing from the consignment shop now has a second hand piece of clothing
Who buys silver coins in South Jersey?
Jersey shore !
Who buys proof or mint clad coins?
Any coin dealer.
Marisol buys a snack that costs 85 cents she pays with 7 coins what coins does she use?
1x25,6x10=85
Who buys Diana princess of Wales coins?
You could try a coin dealer.
Who will buy brass ornaments?
A Second-Hand shop buys almost anything. Find out where your nearest one is and tell them you don't want it anymore. You could put it on eBay
What has the author Donn Pearlman written?
Donn Pearlman has written: 'Best buys in rare coins' -- subject(s): Coins, Coins as an investment, Collectors and collecting, Handbooks, manuals
Who buys 1922 silver dollar coin?
Coin dealers and jewelers are known to buy coins.
Are garage sales legal?
You should always check with your local government for local laws. But otherwise, the whole point of a yard sale is to sell second hand 'new', almost new, or used items. As soon as a person buys a new item from a store, it automatically then becomes 'second hand'. So yes, yard sales sell second hand items.
Where in Seattle can I sell my gold coins?
You can sell your coins at any pawn shop in Seattle. You can also find a store that just buys gold. There are plenty of them around.
