When you come to sell gold coins or bars, it is important to avoid low bid prices from dealers, jewelers, or "cash for gold" grabs. Instead, seek out a dealer who consistently offers values close to the current spot price for gold. For many gold coins, we offer values close to 100%. If you are being offered significantly less, it is advisable to carefully consider your options.
When selling gold, it is important to consider the market price of gold and to shop around to ensure you are receiving a fair price. It is also advisable to choose a dealer with the liquidity to handle your sale, particularly if you are selling a large volume of gold. In cases of high market volatility, it may be normal to experience delays or multiple transactions, but a reputable and experienced dealer should be able to manage these circumstances with minimal disruption.
Be mindful of any fees associated with the sale of gold, such as appraisal fees or commissions. We offer our customers the convenience of no commission on any of our sales, ensuring that the price offered is the price received. Consider the payment options being offered by the buyer or dealer, and choose the option that is most secure and convenient for you. Finally, be aware of any taxes that may be applicable on the sale of your gold, and consult with a tax professional as needed to understand the potential impact on your tax liability.