Who buys second hand coins?

Answer 1

Cash4Gold

Answer 2

Many 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).

Answer 3

Coin collectors (numismatists) if it a collectible coin, if the coin is worth more as scrap metal then metal dealers buy them.

Answer 4

Many 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.

Answer 5

collectible coin dealers?