Easy Steps to Sell Gold Coins and Bullion in Wilmington

I want to provide you with some insights on selling gold coins and bullion in Wilmington and also provide some examples of the differences between gold coins and gold bullion.  Where to start?  Enjoy the write up below and as always feel free to Contact Me anytime!

Gold Coins vs. Gold Bullion

To establish value, it is important to distinguish if you have gold bullion or gold coins with numismatic (AKA “collector”) value.  Gold bullion can come in many forms, including coins but also bars, etc.  Numismatic gold coins, however, are only in coin form.  Let’s dive a little deeper into the differences:

Numismatic Gold Coins:

Both gold bullion and gold coins contain the precious metal, gold.  Gold coins with numismatic value are prized more so for their rarity and collector’s value than their gold content.  With numismatic gold coins, they are at least worth their value in gold content and can me worth significantly more due to their collector value.

The first step in determining if your gold coin has numismatic value is to look at the date.  Numismatic gold coins have not been minted in modern times.  In fact, there have been none minted after 1933 in the United States.  Most gold coins minted before 1933 have at least some numismatic value and many, due to rarity, can fetch quite a premium.

Here are some links to gold coins that can have significant numismatic value:

 

Gold Bullion:

Gold bullion can come in a variety of forms – from bars to coins.  Gold bars are exactly that, bars that can weigh as little as a gram and up to a kilo or more.  Gold coins as bullion, in the United States, can come from the United States Mint or third party producers.

The most popular gold bullion coins for investment purposes in the United States today are the American Gold Eagles which can come in a variety of weights and denominations.  American Gold Eagles are by far the most popular gold bullion coins.  Other popular gold bullion coins include: (1) Krugerrand; (2) Canadian Maple Leafs; (3) Perth Mint Kangaroos; (4) Austrian Coronas; (5) Hungarian Coronas; and (6) Austrian Philharmonics. There are countless other varieties in the market as well.

Typically, gold bullion is worth the current Spot Price and in many cases can command a slight premium.

Ready to Sell Gold Coins or Bullion in Wilmington?

So you are ready to sell your gold coins or bullion?  I hope this post allows you to distinguish between gold coins and gold bullion.  Once you establish what you have, feel free to reach out to me on my Contact Page to establish a current value.  I am not able to purchase every coin that I am offered but I do have a great network and can point you in the right direction if I am not interested in the coins or bullion that you have.  On my Contact Page, there is a form that allows you to upload photos of the coins or bullion that you have.  That is the easiest way for me to establish an estimated value for you prior to meeting.  If you simply would like to know what you have and not sell, I am happy to give you a quick value estimate as well.

 

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Sell Gold Coins and Bullion in Wilmington