Where Can I Sell My Gold Coins For Best Price?

Where should I sell gold coins?

Sell your gold coins on an auction site.

You can put your gold coins on auction sites like eBay if you’d like to see if someone is willing speculate and pay a little more..

Which gold coin is best to buy 22k or 24k?

In case you want to buy gold as an emergency fund or investment (or probably for diversifying your portfolio), then you should opt for 24K gold. It contains 99.9% gold while 22K contains 91.7% gold. When you buy a 24K gold bar or coin, make sure there it has hallmark certification for ensuring its purity.

Do you pay taxes on gold coins?

Gold and Taxes The IRS classifies precious metals, including gold, as collectibles, like art and antiques. This applies to gold bullion coins and bars even though their value depends only on the metal content and not on rarity or artistic merit. You pay taxes on selling gold only if you make a profit.

Where can I sell my coins for melt value?

In our opinion, one of the best places to take your coins for melt value is Midwest Refineries LLC who has been in the business of precious metals refining since 1939. They also pay one of the highest pay outs for your silver coins, namely, 90% of the market spot price of silver.

Which is the best gold coin to buy?

But Which Gold Coins? We’ll Explore the Top 10British Britannia 1-Ounce Gold Coin. … South African Krugerrand 1-Ounce Gold Coin. … Austrian Philharmonic 1-Ounce Gold Coin. … Canadian Maple Leaf 1/2-Ounce Gold Coin. … American Eagle 1/2-Ounce Gold Coin. … Canadian Maple Leaf 1/4-Ounce Gold Coin. … American Eagle 1/4-Ounce Gold Coin.More items…

What is the cheapest way to buy gold?

Gold bars are the cheapest way to purchase gold coins. They are also a regular investment vehicle that are traded daily (most common is the 400 oz Comex Bar).

How much can I sell a 1 oz gold coin for?

However, Gold Eagles are worth close to their intrinsic metal value. General shortage or surpluses of Gold Eagles in the marketplace can affect their worth as related to pure investment grade bullion. The Monex bid selling price for one-ounce Gold Eagle coin is: $28.34.

Should I sell my gold coins now?

The best time to sell your gold is when you either need cash or don’t need or want the gold itself. … If you sell that gold today, you get cash for it that you can spend or invest elsewhere for a potentially higher return.

Is now a good time to sell gold coins?

Is now a good time to sell gold? … 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.

How much is a Maple Leaf gold coin worth?

The standard one ounce Canadian Gold Maple Leaf is currently made of 99.99% pure gold and is among the purest bullion coins in the world. It has a face value of CAD$50.

How do I sell gold to Kitco?

How do I sell my coins or bars to Kitco?Confirm that the product you want to sell is a coin or bar.Select the relevant product from the list of the products we purchase.Click on Create packing slip to create your packing slip.More items…

Where can I sell my gold Maple Leaf coins?

You can sell old Gold Maple Coins (issued from 1979 to 1982) to Kitco Metals. Sell gold coins online securely and profitably with Kitco. Not all investors are aware that Kitco allows you to easily sell gold online, with complete security and peace of mind. Courier pickup is offered in many areas of Canada and the USA.

What year of coins are worth money?

1932-1964 silver quarter Between 1932 and 1964, quarters were 90% silver and 10% copper. These silver quarters look like any pre-state quarter 25-cent piece, but are worth a lot more if they’re in the right condition.

How do you know if a coin is valuable?

Just because a coin is old doesn’t make it valuable.How to Know If You Have a Valuable Coin (and What to Do About It If You Do) … Consult the ‘Coin Bible’ … Look for Errors. … Look at Mint Marks. … Look for Fakes. … Do Your Research. … Organize Your Collection. … Have Your Coin Appraised.More items…•

Is it better to buy gold coins or gold bars?

Gold is considered a reliable investment in all cases. Gold bars are particularly so, since their value can be accurately determined by the live spot price. Gold coins will command slightly higher premiums over the spot price than gold bars, due to the extra minting costs, and the commemorative nature of their value.