Selling gold coins in Houston has never been easier. Whether you choose to sell your coins to a coin dealer, a gold bullion company, a jeweler, at auction or to a private collector there are virtually no end to the buyers for your gold coins in Houston.There are two different forms of gold coins and the buyers you approach will depend on the type you are selling.
Instructions
Sell Gold Coins in Houston
1. Determine which type of gold coins you wish to sell. Old gold coins minted for general circulation prior to 1935 often have a value to coin collectors which can far exceed the value of their gold content. If you suspect your coins may be of this type please click on the Additional Resources link below to find out how much your coins are really worth from one of the largest coin dealers in Houston.
2. Determine if your coins are basically a convenient form of bullion. This includes American Eagle coins, Canadian Maple Leaf coins and South African Kugerrands. These types of coins have a guaranteed purity and a guaranteed weight and so are very easy to sell.
3. Look in the business section of your newspaper for the current spot price for gold. Multiply the number of bullion coins you have by the current spot price for gold to get a good idea of how much your gold coins are worth. Keep in mind, however, that buyers will pay less than the current spot price for gold.
4. Contact local coin dealers, gold bullion companies, jewelers and even pawn shops and ask how much they are paying for the type of gold coins you are selling. Ask what their discount is off of the spot price for gold. Knowing what percentage of the spot price for gold that they are paying is really the only way to accurately compare prices between buyers since the price of gold can change in the time it takes you to contact several buyers.
5. Find several gold coin buyers on-line. Enter the phrase "sell gold coins" into your favorite search engine to get a list of buyers on-line. Ask several on-line buyers what percentage of the spot price of gold they pay for the particular type of coin you are selling.
6. Sell your gold bullion coins to the buyer willing to pay the highest percentage of the current spot price for gold.
Tags: price gold, spot price, spot price gold, current spot, current spot price
