Buy And Sell Gold Coins !!TOP!!
Gold futures are a good way to speculate on the price of gold rising (or falling), and you could even take physical delivery of gold, if you wanted, though physical delivery is not what motivates speculators.
buy and sell gold coins
The biggest advantage of using futures to invest in gold is the immense amount of leverage that you can use. In other words, you can own a lot of gold futures for a relatively small sum of money. If gold futures move in the direction you think, you can make a lot of money very quickly.
Risks: ETFs give you exposure to the price of gold, so if it rises or falls, the fund should perform similarly, again minus the cost of the fund itself. Like stocks, gold can be volatile sometimes, but these ETFs allow you to avoid the biggest risks of owning the physical commodity: protecting your gold and obtaining full value for your holdings.
Coins typically have lower gold content than gold bars. A one-ounce American Eagle coin, for instance, is only 91.67% gold. In fact, the coin weighs 1.1 ounces, approximately one ounce of which is pure gold; the rest of the weight is silver and copper.
Rather than investing in a single company tied to gold, you invest in a basket of gold-related securities through gold mutual funds or ETFs. Gold funds may track the price of gold, include the stocks of multiple gold mines and refineries or provide exposure to gold futures and options.
For investors willing to take on more risk, futures and options may be attractive. (If neither of those words means anything to you already, you should probably avoid these gold investments for now as they are highly speculative.)
With gold futures, you commit to buy or sell gold in the future at a specified price. Under a gold options contract, you have an agreement with the option to buy or sell gold if it reaches a certain price by a predetermined date.
This page is designed to give you a quick view of our top bullion products that are bought and sold at Golden Eagle. Listed below is the Buy Price (price we buy the item for) and the Sell Price (price we sell the item for). Sell prices are listed at the lowest prices we offer including any quantity discounts. Ordering single items may be at higher prices. For more detailed pricing for an item simply click the item title in the table below.
When you sell your product using APMEX logistics, you get the advantage of our exclusive relationship with UPS, which includes our discounted shipping rates. Check out our example below showing the cost-saving benefits of selling your product using APMEX logistics vs. a standard shipping carrier. The expedited shipping times also means you get paid faster.
We make it easy to sell your Gold, Silver and other Precious Metals, from locking in your price to getting paid. Start the process today by requesting a quote online or giving us a call. The quicker you decide to sell, the quicker you can get paid.
This email will go to our contact at Abe Mor who has helped thousands of our readers sell their gold and diamond jewelry. They consistently offer the highest prices for our readers' jewelry. Please include the weights and details of the jewelry. Images are helpful as well.
This is the current wholesale price of gold. When selling gold you receive a percentage of the price. We recommend asking Abe Mor for a quote as they have consistently offered the highest percentage to our readers.
There are several official bullion coins from other countries, such as the Canadian Gold Maple Leaf and the Vienna Gold Philharmonic coins. Many of these coins are traded as individual units by bullion dealers.
If you prefer to sell locally or have other gold items to sell, we recommend reading our guide to selling gold, which covers everything from selling gold jewelry to tips and techniques to help you get the best possible price.
Buying and selling gold and silver coins can be profitable and rewarding if you are smart about it. Some people buy and hold for the long term, some people buy or sell based on news, others speculate, and others transact in precious metals on a whim. Investing in gold and other precious metals is not like buying and selling cryptocurrencies when looking at volatility. Also unlike cryptocurrencies, there are many different ways to purchase and sell gold, silver, and other precious metals.
Each of the above avenues to purchase or sell Gold, Silver, and other precious metals has its advantages and disadvantages. Over the years we have heard horrifying, exciting, and lesson teaching stories from our customers who tried one (or all) of the ways above before finding us at Atlanta Gold & Coin Buyers.
When looking to transact in precious metals, you have many options. Which option you choose is up to you and how comfortable you are with the alternatives. Most people purchasing or selling gold and silver coins choose to use a Local Coin Store.
If you have a coin that you feel is in mint or better condition, it may be worth sending in to a grading company such as PCGS or NGC. There are fees associated with having your coin graded, but if you were right and it comes back with a high grade, you may be able to sell it for much higher than if it were not graded. While this is not necessary, it is certainly a positive step to take to get the most for you coin(s).
The turn-around time can be a few weeks to a couple of months so depending on which grading option you select and how quickly you are looking to sell. It would be wise to give NGC and PCGS a call or email to check on their current turn around time, cost of having the coin graded, and overall process if this would be your first time sending in a coin.
Coins: Most coins will have a date, mint mark (some US coins do not have a mint mark which 99% of the time means it was minted in Philadelphia), portrait, denomination, along with other identifying factors. Once you find your exact coin online, search to learn details and what others have valued that coin at in the past (eBay method above is a good start). Once you know exactly what you have, you can better decide if it is worth your time and energy to shop it around, send off to be graded, or throw back in your coin jar.
Bullion composed of precious metals and produced specially for investment purposes comes in three distinct forms: bars, rounds and coins. Worldwide, the most popular form for private investors is bullion coins. This type of coin is different from regular currency or coinage because it is not meant for general circulation as payment for goods and services. Bullion can also include Gold Bars.
Once you know what you have and have researched it, you should have a ballpark idea of what similar gold coins are going for. Once you get your ballpark figure, you can start looking around to see where you will get the most profit. If your ballpark figure is less than what you paid for your gold coin, you may decide to hold off until the price of gold rises, and subsequently the price of your coin.
Some people will recommend a pawn shop, while many people will also tell you to avoid pawn shops while looking for someone to purchase your gold and silver coins. In our experience, Pawn Shops are usually like that fishing spot a couple people swear by, but no one ever seems to catch anything.
If you have been dealing with an online sale but are doing a local pickup, or meeting someone in person to sell your coin or coins, safety is of utmost importance. You should never go alone. Bring someone you can trust with your safety and valuable. If you cannot find someone, you can give someone the address of where you are and get on a video chat with them.
When conducting person-to-person transactions, the safest place to do an exchange would be in a police station. With the increased popularity in online and local selling apps, many police departments have designated spots on their property for face to face meet-ups. Gas stations and some stores also have designated spots for transactions that are monitored with a camera.
Understanding how to sell your gold safely is an often overlooked aspect of the process of investing in precious metals. Accumulating gold in the first place is obviously important, but knowing what to expect when the time comes to liquidate is equally crucial.
Safety and trust are absolutely critical qualities to find in whomever you're selling gold to. You can rest assured that a coin dealer will always buy back any product they sell themselves at a fair price. Ideally, they should also be a member of the Better Business Bureau (BBB). Sadly, the risk of theft or fraud are an ever-present concern with a high-value asset like gold.
Your worst option is a peer-to-peer sale or arranged meet-up with a stranger. There are simply too many scams that operate through these channels. If you have a close friend or family member who wants to buy your gold, that's a fine choice; but trusting the good faith of a random stranger is not advisable.
The next-worst option for selling gold is an online auction site. These services take a hefty "seller's fee" of more than 10% from your final sale price (while you assume the liability for shipping and insurance). More importantly, there are no protections against cancelled purchases in the "fine print." In these cases, you lose out on the fees and have to start the process over with less money.
Another route you can go is a pawn shop or cash-for-gold operation. While these options are less bad from a safety standpoint, they will rarely offer the best price for your gold. By the nature of their business, pawnbrokers tend to capitalize on the seller's desperation and quote a lower price. Always be willing to walk away and wait for a better price from the right buyer.
You may choose to sell your gold at a coin show or convention, particularly if you have gold coins with added numismatic value. Keep in mind that the buyers in these settings are the dealers themselves. As a rule, coin dealers never bid against one another. Don't be surprised if they are annoyed at any attempt to haggle! 041b061a72