![]() There’s often a great deal of variation in the offers you’ll get, so be sure to shop around. Now it’s time to turn those gold coins into cash. Read more about how the appraisal process works.Ĥ. That’s the best way to get an accurate and honest appraisal. And remember that it’s always safer to sell your gold in person rather than through the mail. You can check reviews online and also go to the Better Business Bureau website to check on the buyer’s reputation. Make sure to verify that the business you are going to is an accredited gold buyer. Do your research before selling your gold. It’s sad but true that there are some disreputable gold buyers out there. If you’re ready to sell, don’t just go to the gorilla. Where is the best place to sell my gold coins? Make sure to check the price of gold before you go in to get an appraisal, so that you have an idea of what your gold is worth.ģ. Keep in mind that current gold prices are the highest they’ve been in decades, so it’s a great time to sell. However, if you have newer bullion coins, it’s a great time to consider turning your investment into cash. Because of its collectability, that coin is far more valuable (at $60,000) than what the gold in it is worth. If you’re lucky enough to have an 1841 Liberty Head Gold Quarter Eagle minted in Philadelphia, the answer is yes. Are my coins worth more than their weight in gold? But if you’re a believer in the recovery, it might be time to take those gold coins to a dealer to see how much they’re worth.Ģ. If you think the worst is yet to come, you might want to hold on to your gold coins a little while longer. The question of whether they’re going to continue to rise, stay steady or start to drop depends on what you think the economy is going to do. And while we seem to be pulling ever so slowly out of the current economic crisis, the dollar is still weak. The gold market is tied to the strength of the dollar. So before you sell your gold coins to anyone, here are a few things to consider: ![]() But you should be careful about selling your gold to just anyone.Īt West Seattle Coins and Bellevue Rare Coins, we talk to people interested in selling gold coins all the time. It’s true that at around $1,700 an ounce, gold prices are near record highs, so it’s tempting to take those gold coins you have and turn them into cold, hard cash. ![]() Over there, some guy in a Statue of Liberty costume is dancing around with a sign enticing gold sellers into his shady storefront. There’s a gorilla standing on this corner who wants to buy your gold coins. ![]() These days, you can’t go anywhere without hearing about gold prices. ![]()
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