Tuesday, September 20, 2022

Where Can I Sell My Gold Coins

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How To Buy Gold Online

Where should I sell my coins?

Like many other products buying gold online can be as easy as point-and-click. The best dealers have a well-organized website with easy navigation to find and compare products by category . When you find a product you want, you click on it to review the details. As with any online shop, you can add it to your cart. You can then enter the quantity you want. From there, you can continue to shop or move on to checkout.

Once you start the checkout process with most dealers, your price is locked in for a short period, typically 10 to 15 minutes. You need to complete your purchase before the pricing expires, or you may see the price adjusted up or down based on how the market is moving.

Once you complete checkout, you will receive an email confirmation along with ongoing shipping notifications.

Is Rose Gold Worth Anything

Rose gold is an alloy of gold and another metal, most commonly copper, which gives it its unique coloring. Sometimes rose gold will also contain a small percentage of silver in addition to copper.

With this in mind, rose gold is worth as much as however much gold it contains. 18K rose gold and 14k rose gold have the same gold content as 18k gold and 14k gold, respectively.

Get Your Gold Appraised

Knowledge is power when it comes to the value of your gold. Its a good idea to know roughly what your gold is worth before you sell it. The first thing to check is the current spot price of gold, which fluctuates day-to-day.

Bullion coins will be worth slightly more than generic gold bars. Both are highly pure gold and considered liquid assets, but there are slight liquidity differences between bars and coins. The latter are typically a bit easier to sell, and thus command slightly higher prices.

Its important to have an idea of roughly what your gold is worth before selling.

If you have collectible gold coins , its a good idea to do a little research into their value. Bear in mind that the values listed in any price guide are a rough estimate. A gold dealer will pay you close to full amount, but must leave a little room for resale profit.

Some dealers such as Gainesville Coins will offer a free appraisal of your gold. The service is free of charge whether you choose to sell or not.

You can also consult this helpful gold and silver melt value calculator if youre unsure how much precious metal your coins contain.

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Want To Invest In Gold The Gold Experts At Oxford Gold Group Can Help You Today Give Us A Call

Investing in precious metals is a complex process that requires knowledge and experience. If youre looking to invest in gold for savings or retirement purposes, you can get valuable information and expert advice at Oxford Gold Group. Our trusted team of gold experts will take you through every step to ensure you make the best investment decisions. Call us at or visit our Contact Page for more information!

Is Now A Good Time To Sell Gold

Value of 2007 $25 Gold Coin

When the economy and stocks are unstable, prices of gold historically rise. In other words: Now is an excellent time to sell your gold!

If you have gold jewelry, coins, dental scrap or other gold items that you do not use, or do not enjoy, then you should absolutely sell your gold now. That money can be used to pay down debt, take a vacation, go towards a downpayment of a house or other useful purposes.

Even selling an old gold chain you haven’t worn for years, or is broken, can mean a nice restaurant meal!

Two facts:

  • When the stock market and other economic factors are down, historically gold prices have been steady and strong. This is no exception. Gold has been at record high prices for all of 2020, with no signs of significant drops.
  • If you do not enjoy your gold jewelry or coins, and need the money, now is an excellent time to sell gold bullion, coins, scrap or jewelry.
  • Also, it may make sense to sell your gold, and buy stocks or an index fund to take advantage of the down stock market. You are essentially selling your gold high, and buying stocks or real estate low exactly the best way to invest.

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    Pandemic Affects Consumer Gold Sales

    More and more consumers are looking to sell gold items, according to Gary Smith, past international president of the American Society of Appraisers , even if gold prices arent particularly high right now. Part of the reason for the heightened interest in selling? It’s a bit dark: The high number of deaths from COVID-19 has left survivors to sell property owned by their deceased relatives, Smith said.

    Also, people facing financial hardship because of the pandemic are looking to sell gold and other items. People have actually come into our facility with very low-value jewelry, said Smith, who owns PA Gem Lab in Montoursville, PA. They need money and theyre willing to sell grandpas class ring. It is a sad state and people are hurting.

    With all this need, scams abound, according to Smith. So its wise to be cautious when selling your gold and jewelry. As with most things, knowledge is your key to success.

    Local Precious Metals Dealers

    If you live near a precious metals dealer, you can probably sell your gold to them. These companies have experience determining the authenticity of precious metals and assessing their true worth.

    With a reputable dealer, you have a good chance of getting a good deal and the convenience of making a sale in-person.

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    The Royal Mints Coin Buying Service

    Whether youve inherited coins from a loved one or amassed your own library of coins through years of diligent collecting, there may well come a time when you are looking to part with a few select pieces or even a whole collection in its entirety. Fortunately, The Royal Mint offers the perfect avenue for you to sell your coins safely and securely, without any hassle or third-party involvement.

    Nobody knows the true value of coins better than The Royal Mint. With our secure, online service, you can safely sell your rare and historic coins to a knowledgeable buyer you can trust. Best of all, the process couldnt be easier. Simply fill out our easy-to-use, online form to get started and well take care of the rest.

    The Royal Mints coin acquiring preferences:

    We are particularly interested in coins that were originally struck by The Royal Mint, in Gold or Silver pre-1971. However, there are lots of other interesting coins out there too so please fill out the form with as much information as possible and we will get back to you.

    How To Sell Gold Coins:

    FOUND A RARE COIN NOW WHAT? HOW TO SELL YOUR VALUABLE COINS!

    1. Remember that knowledge is power dont sell gold coins for cash without knowing exactly what you have and who your gold coin buyer truly is.2. Make sure the appraisal process is done before your eyes. Your gold coins should not be taken to anyplace you cant see.3. Dont feel pressured to sell to the first coin buyer you speak with. Take your time and shop around until you find the best price.

    Keep in mind that selling gold coins is a time intensive process and you will be going through multiple buyers before you find someone who will offer you an estimate, that is of genuine value.

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    Private And Confidential Yes But

    First, when it comes to privacy and confidentiality, there are two issues to consider: buying and selling.

    When you buy precious metals in the US…

    The transaction is almost always private. There is no reporting requirement from a gold dealer to the IRS of what we sold to you, unless BOTH of the following conditions exist:

    1. The transaction exceed $10,000 AND

    2. Actual cash is used to make the purchase.

    In this highly unlikely event, a dealer would be required to file a Form 8300 with the IRS, as well as a Suspicious Activity Report with the Financial Crimes Enforcement Network , due to regulations under the U.S. Patriot Act and Anti-Money Laundering rules. Your transaction is also confidential. The payment methods on our website are all encrypted. We also do not sell your email address or any information about you whatsoever to any agency, public or private. One other exception: when you sell gold or silver inside an IRA, this triggers a reporting requirement from the custodian on what is called Form 5498, which discloses all of your IRA investments each year. This is ostensibly so the IRS can track your basis and properly check your calculations for taxes owed at the time of withdrawal.

    How Much Does Gold Sell For

    Gold prices are at a 7-year high. As of September 13, 2021, the gold melt price in the USA was at a near-record price of $1790.90 per ounce, or $57.59 per gram. Gold prices have been near record highs and are poised to go up, as historically, gold prices have increased when the stock market goes down.

    You likely have some gold sitting around. Maybe it is old jewelry that you no longer like, or perhaps it was a gift from someone you have negative feelings about. Perhaps you have some old gold coins you inherited, or even gold dental work sitting in the back of a drawer!

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    Local Gold Bullion Dealers

    Larger cities usually have several reputable gold bullion dealers that also buy and sell gold coins. Make sure your prospective local dealer is a member of a trusted organization such as Numismatic Guaranty Corporation or Professional Coin Grading Service , and avoid potentially unscrupulous dealers such as pawn shops.

    Determining The Value Of Your Coin Collection

    Value of 2002 $25 Gold Coin

    Now that you have identified and graded the coins in your coin collection, you can now determine the approximate value. There are many factors that go into determining the value of a coin, but the bottom line is that a coin is only worth what someone will pay you for it. However, we can come up with a ballpark estimate of the value of your coins.

    Using a handbook like A Guide Book of United States Coins is a great start to determining a coin’s value. But keep in mind, this book lists approximate retail prices that you could expect to purchase a coin from a coin dealer. Like any retailer, a coin dealer makes his profit by buying coins below the retail price and selling them to coin collectors at a reasonable profit. Therefore, the prices that you see in this book will be 30% to 50% greater than what a coin dealer will pay you when you sell your collection.

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    Types Of Coins We Buy

    As a customer of Sell Your Gold you can sell coins online using our secure and insured FedEx shipping. We accept all precious metal coins including but not limited to bullion, numismatic and commemorative coins.

    A bullion coin is a coin purchased for investment, not circulation. Bullion coins are available in various weights and their precious metal content value will often exceed the face value of the coin. The U.S. Mint produces two type of bullion coins: Uncirculated and Proof Coins.

    Uncirculated Coins:

    Uncirculated coins are coins that have yet to enter the commerce stream. All coins start out this way after they are minted, but some coins will remain uncirculated. To be an authentic uncirculated coin it must be certified. It can only be certified if has its original sheen/luster – which it won’t if it has been in circulation. There also must be no signs of wear on the coin. If an uncirculated coin does show any signs of wear it may have physically contacted other coins at mint or when the coins were transported from the mint. Don’t fear: experts will be able to tell the difference between these marks and marks from circulation. Sell your gold and silver coins today! to get a quote.

    Proof Coins:

    Numismatic Coins:

    Commemorative Coins:

    How Much Is 14k White Gold Worth

    14k white gold contains 58.3% gold. Because gold is a soft metal, and 14k gold has less gold in it, youll typically find that 14k white gold will be sturdier than 18k white gold.

    To find out how much your 14k white gold is worth, you will need to:

    • Look up the current spot price of gold.
    • Weight your 14k white gold and multiply that number by 0.583 to determine how much pure gold is in the item.
    • Multiply the number above with the current spot price of gold to determine how much it is worth.

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    How And Where To Sell Gold Bullion Coins

    Whether your coin is pure bullion, or a rare collectible, there is likely good, fast cash in your possession especially since gold prices have hovered at record highs in recent years. A good place to start is by contacting a gold coin dealer near you, to get a quick quote. Yelp reviews can be useful.

    Selling gold online is our recommendation for getting the best price, without leaving your home. You can also browse eBay to see if you can find a comparable coin, to better understand the price you can expect.

    There is hot demand for gold coins, with gold prices hitting record highs, and sales of gold coins higher than dealers have seen. Gold dealers including Kitco and JM Bullion tell their gold coin buyers to expect delays of 15 days or more, due to extreme demand. This is great news for those looking to sell their coins.

    Selling Gold Jewelry And Coins Can Be Daunting With Hucksters Abounding Heres How To Avoid Being Scammed

    How to Sell Silver & Gold to a Local Coin Shop

    Youve got some gold you want to sell. Some of your late aunts jewelry, maybe. Or your grandpas coin collection. Some old earrings that dont have partners anymore. Or a really hideous bracelet you never wear. You could use the cash much more than the knotted lump of old chains in your jewelry box. But selling gold can be intimidating.

    We’re sure you’ve seen the signs promising quick cash for gold. What about an online buyer? Maybe you got a mail solicitation. Authorities warn about ripoffs, and knowing how to get a fair price in a volatile market is a challenge. But if you have some gold jewelry or coins or other gold you would rather cash in, there are ways to sell it safely and for the best price.

    The key to this transaction is your comfort level and trust that the person youre selling to is reputable. So one of the first rules is to do your research and shop around.

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    How Do Gold Buyers Calculate The Value Of Gold Coins

    When calculating the value of gold, coin buyers always begin by testing the coins for real gold metal contents and their purities. This is done through what is called an acid test. This test involves using nitric acid on the gold to see if it causes a chemical reaction- if there is no reaction, your gold is real.After verifying that the gold is real, coin buyers will then examine the weight of the coins and their collector values. The buyer will consider all this information against the current gold market prices and give you a complete calculated value.

    Why Gold Is Valuable

    Gold is a fascinating commodity one of the oldest forms of investment, wealth, as well as deeply sentimental when in the form of jewelry and other art. Plus, unlike stocks and bonds, gold is beautiful, and unlike real estate, highly transportable.

    Because pure gold is a chemical element, it is finite it is impossible to manufacture new gold . The limited, finite nature of gold is what gives gold value.

    Gold recycling is also one of the most environmentally sound processes reusing a natural resource again and again causing minimal environmental impact each time, and using tiny sums of energy.

    Gold is believed to have been first used in 40,000 B.C. in what is now Spain, with evidence of smelting dating to the fourth millennium in Mesopotamia. Gold is mentioned frequently in the Old Testament, starting with the story of the golden calf, and the New Testament mentions gold as one of the gifts of the magi in the first chapters of Matthew.

    Despite its ancient roots, and millennia of use, gold remains mysterious. However, there are some basic facts you should understand before selling your gold:

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    Why Investors Like Gold

    Gold has a proven track record for returns, liquidity, and low correlations, making it a highly effective diversifier, says Juan Carlos Artigas, director of investment research at the World Gold Council.

    These qualities are especially important for investors:

    • Returns: Gold has outperformed stocks and bonds over certain stretches, though it doesnt always beat them.
    • Liquidity: If youre buying certain kinds of gold-based assets, you can readily convert them to cash.
    • Low correlations: Gold often performs differently from stocks and bonds, meaning when they go up, gold may go down or vice versa.

    In addition, gold offers other potential advantages:

    • Diversification: Because gold is generally not highly correlated to other assets, it can help diversify portfolios, meaning the overall portfolio is less volatile.
    • Defensive store of value: Investors often retreat to gold when they perceive threats to the economy, making it a defensive investment.

    Those are a few of the major benefits of gold, but the investment like all investments is not without risks and drawbacks.

    While gold performs well sometimes, its not always clear when to purchase it. Since gold by itself doesnt produce cash flow, its difficult to determine when its cheap. Thats not the case with stocks, where there are clearer signals based on the companys earnings.

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