What Is Secondary Market Gold?

What Is Secondary Market Gold?

Secondary market gold is gold that has been bought on a second-hand basis. Secondary market gold can also be called second hand or pre-owned.  

Second Hand or Secondary Market Gold Coins

Pre-Owned Gold Coins For Sale

It is a term that we use when we sell gold and other precious metals that we have bought from parties who are not the original seller. Whether the secondary market items are new or old, the gold content will remain the same.

The secondary market can be applied to coins, bars, coin sets and medallions.

What Is the Benefit of Buying Secondary Market Gold?

Secondary market gold is often cheaper to buy than newly minted gold. The buying selling spread on secondary market bullion is smaller making it good value for money. Low premium gold is an attractive option for investors looking to increase their wealth portfolios and get more gold for their money.

Will Secondary Market Gold Coins or Bars Be Damaged?

Bullion Coins Are Not Always in Perfect Condition

Second-hand bullion coins and bars may show some signs of wear or have some small scratches, scuffs and edge knocks. If they are more damaged we would either sell them as Grade C or they would be scrapped. 

Secondary Market or Pre-Owned Sovereigns

Can Secondary Market Be Newly Minted?

Secondary market products tend to be coins and bars that have been issued in previous years. If we have bought gold which is in its original newly minted state, we may sell this as our choice newly minted or as a dated coin or collectable bar. 

Any goods sold as our choice will offer good value to the investor.

Can Secondary Market Coins or Bars Be Rare or More Valuable? 

What Is the Primary Gold Market?

You may hear dealers occasionally talking about the primary gold market or primary coin market. It basically refers to the sales of new coins or bars, often called newly minted gold, that is sold directly from a mint to an investor or through dealers.

How Can I Sell My Gold Coins?

We buy gold coins at premiums which are close to the intrinsic metal value, or more for certain coins. If you want to sell your gold coins, visit our sell to Chard's page for the live prices or give us a call on 01253 343081 .You can either send your coins to us with the downloadable form on our website or come and see us in our showroom. The process is simple and whether you are liquidating your whole investment portfolio or a few coins we can usually offer payment either immediately or within a few days.

How Do I Know if It Is Genuine Gold?

All precious metals that we buy are checked by our highly trained team. You can be assured that second hand gold coins, bars and coin sets that you buy from Chard are genuine.

If you are looking to buy the best value secondary market gold, take a look at our choice secondary market coins such as Secondary Market Sovereigns, Secondary Market 1oz Gold Coins and Secondary Market Britannias. 

The easiest way to compare the prices of coins is to look at the premiums :

1 oz Gold Coin Bullion Best Value - Secondary Market In Stock Quantity Premium % Price Per Item Total Total Est UK Delivery 1 2.9 £1,359.70 £1,359.70 £1,359.70 Price Per Item: £1,359.70 Est UK Delivery £6.00 £6.00 5 2.85 £1,359.04 £6,795.20 £6,795.20 Price Per Item: £1,359.04 Est UK Delivery £10.00 £10.00 10 2.8 £1,358.38 £13,583.80 £13,583.80 Price Per Item: £1,358.38 Est UK Delivery £15.00 £15.00 25 2.75 £1,357.72 £33,943.00 £33,943.00 Price Per Item: £1,357.72 Est UK Delivery £28.00 £28.00 50 2.7 £1,357.06 £67,853.00 £67,853.00 Price Per Item: £1,357.06 Est UK Delivery £56.00 £56.00 100+ 2.6 £1,355.74 £135,574.00 £135,574.00 Price Per Item: £1,355.74 Est UK Delivery £116.60 £116.60 - + Add to Basket Buy with Storage

1 oz Krugerrand Gold Coin Best Value - Secondary Market In Stock Quantity Premium % Price Per Item Total Total Est UK Delivery 1 3 £1,361.02 £1,361.02 £1,361.02 Price Per Item: £1,361.02 Est UK Delivery £6.00 £6.00 5 2.95 £1,360.36 £6,801.80 £6,801.80 Price Per Item: £1,360.36 Est UK Delivery £10.00 £10.00 10 2.9 £1,359.70 £13,597.00 £13,597.00 Price Per Item: £1,359.70 Est UK Delivery £15.00 £15.00 25 2.85 £1,359.04 £33,976.00 £33,976.00 Price Per Item: £1,359.04 Est UK Delivery £28.00 £28.00 50 2.8 £1,358.38 £67,919.00 £67,919.00 Price Per Item: £1,358.38 Est UK Delivery £56.00 £56.00 100+ 2.7 £1,357.06 £135,706.00 £135,706.00 Price Per Item: £1,357.06 Est UK Delivery £116.60 £116.60 - + Add to Basket Buy with Storage

1 oz Gold Britannia Coin Bullion Best Value - Secondary Market Add Stock Alert Quantity Premium % Price Per Item Total Total Est UK Delivery 1 3.6 £1,368.95 £1,368.95 £1,368.95 Price Per Item: £1,368.95 Est UK Delivery £6.00 £6.00 5 3.5 £1,367.63 £6,838.15 £6,838.15 Price Per Item: £1,367.63 Est UK Delivery £10.00 £10.00 10 3.4 £1,366.31 £13,663.10 £13,663.10 Price Per Item: £1,366.31 Est UK Delivery £15.00 £15.00 20 3.35 £1,365.65 £27,313.00 £27,313.00 Price Per Item: £1,365.65 Est UK Delivery £24.00 £24.00 50 3.3 £1,364.99 £68,249.50 £68,249.50 Price Per Item: £1,364.99 Est UK Delivery £56.00 £56.00 100+ 3.2 £1,363.66 £136,366.00 £136,366.00 Price Per Item: £1,363.66 Est UK Delivery £116.60 £116.60 Email Me When Back In Stock Stock Alert Active

1 oz Gold Coin Perth Mint Lunar Bullion Best Value - Secondary Market Add Stock Alert Quantity Premium % Price Per Item Total Total Est UK Delivery 1 4.2 £1,376.88 £1,376.88 £1,376.88 Price Per Item: £1,376.88 Est UK Delivery £6.00 £6.00 2 4.1 £1,375.56 £2,751.12 £2,751.12 Price Per Item: £1,375.56 Est UK Delivery £7.00 £7.00 5 3.95 £1,373.57 £6,867.85 £6,867.85 Price Per Item: £1,373.57 Est UK Delivery £10.00 £10.00 10 3.75 £1,370.93 £13,709.30 £13,709.30 Price Per Item: £1,370.93 Est UK Delivery £15.00 £15.00 25 3.65 £1,369.61 £34,240.25 £34,240.25 Price Per Item: £1,369.61 Est UK Delivery £28.00 £28.00 50+ 3.6 £1,368.95 £68,447.50 £68,447.50 Price Per Item: £1,368.95 Est UK Delivery £56.00 £56.00 Email Me When Back In Stock Stock Alert Active

1 oz Gold Coin Maple Bullion Best Value - Secondary Market Add Stock Alert Quantity Premium % Price Per Item Total Total Est UK Delivery 1 4.1 £1,375.56 £1,375.56 £1,375.56 Price Per Item: £1,375.56 Est UK Delivery £6.00 £6.00 5 3.75 £1,370.93 £6,854.65 £6,854.65 Price Per Item: £1,370.93 Est UK Delivery £10.00 £10.00 10 3.7 £1,370.27 £13,702.70 £13,702.70 Price Per Item: £1,370.27 Est UK Delivery £15.00 £15.00 25+ 3.65 £1,369.61 £34,240.25 £34,240.25 Price Per Item: £1,369.61 Est UK Delivery £28.00 £28.00 Email Me When Back In Stock Stock Alert Active

1 oz Gold Coin Bullion Best Value - Minty Add Stock Alert