Different gold coins to sell
There are a number of different gold bullion coins on the market all with different weights and carats and therefore different values. Probably the best known gold coin is the South African gold Krugerrand. It was the first one troy ounce bullion coin to be produced in the 1960s. It remains popular with investors and dealers due to the low premium on top of its intrinsic value, although it is not the most aesthetically pleasing coin on the eye.
Where to sell gold coins
Other coins such as the American Gold Eagle, the British Britannia and the Canadian Gold Maple Leaf are also popular but often have a higher premium than Krugerrands. The US mint also produces American Silver Eagles as well as some platinum coins. Silver coins
are generally not as popular as gold coins due to the fact that there
is VAT on them in Europe, whereas gold coins have no VAT. Most coin
owners when thinking about where to sell gold coins will usually go to a dealer. Most people will visit a number of dealers as gold coin prices
tend to vary from dealer to dealer but may be surprised by the prices
they are quoted. Just as there is a premium on top of the intrinsic
value of a gold coin
when you buy it there is also a "reverse premium" when you sell it. In
other words it will be the difference between the selling price and the
buying price. In this case a dealer will always try to buy gold coins as cheaply as possible with the reselling price at the back of his mind.
By selling your unwanted gold coins to Postal Gold you will get a price that reflects the contained gold weight and fineness of the coin. Since we melt down and refine the gold bullion coins we receive, there is no need to consider the resale price. So if you are wondering where to sell gold coins, why not try Postal Gold.