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How to offload a gold coin?
n/a | 8/15/2016 | TDM

Posted on 08/15/2016 8:11:14 PM PDT by TheDandyMan

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1 posted on 08/15/2016 8:11:14 PM PDT by TheDandyMan
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To: TheDandyMan

Any coin shop should buy them. Make sure they are buying at the current spot price.


2 posted on 08/15/2016 8:12:40 PM PDT by LukeL
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To: TheDandyMan

I go to my gem and opal guy in stanton califrnia


3 posted on 08/15/2016 8:13:30 PM PDT by al baby (Hi Mom)
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To: TheDandyMan

Ebay is how i might sell mine. Never craigslist or pawn shops.


4 posted on 08/15/2016 8:13:42 PM PDT by Daniel Ramsey
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To: TheDandyMan

Make sure you pay your 28% tax on the coin when you sell it.


5 posted on 08/15/2016 8:14:51 PM PDT by Karl Spooner
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To: TheDandyMan

There are a lot of dealers that also buy back: California Numismatics, APMEX, Provident Metals, JM Bullion, etc. They post a “we buy at” price next to their products. You call in a sale to them to lock in your price, and then mail your things to them, and get that price. Send the things registered and/or otherwise insured.


6 posted on 08/15/2016 8:14:51 PM PDT by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: TheDandyMan

Any reputable dealer will give you a price over the phone, usually spot less a fee.


7 posted on 08/15/2016 8:15:20 PM PDT by MSF BU (Support the troops: Join Them.)
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To: TheDandyMan

http://www.gainesvillecoins.com/

Click on “Sell To Us,” it’s underneath the shopping cart on the opening page.

.


8 posted on 08/15/2016 8:16:52 PM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: LukeL
Make sure they are buying at the current spot price

Nobody buys at spot (they have transaction costs and a business to run). Spot -3% is kinda normal. But selling a single coin for spot -3% to a jeweler or coin shop should be easy.

9 posted on 08/15/2016 8:18:02 PM PDT by Jim Noble (The polls can have a strong influence on the weak-minded)
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To: TheDandyMan

I just tried a Google search for “sell gold coin” and several sites came up — there must be some in your area too — just try a search. Coin dealers will buy your gold with no hassle, no need to go to pawn shops.

Good luck.


10 posted on 08/15/2016 8:18:40 PM PDT by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
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To: TheDandyMan

First, check a PM site like KITCO for the current spot price of gold. You should get at least 98% of the spot price when you sell. Then find a reputable coin shop to sell it to. Never sell at a Pawn shop.


11 posted on 08/15/2016 8:20:12 PM PDT by Tours
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To: coloradan

On EBAY one can often get a bit over spot.


12 posted on 08/15/2016 8:20:14 PM PDT by arthurus
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To: TheDandyMan

Kitco.com

Gold eagles sell for more than spot price...there is a premium.

Right this minute Kitco is offering $1,355.00 for a clean American Eagle coin.

See here
https://online.kitco.com/sell/3000/1-oz-Gold-American-Eagle-Coin-9167-3000

$1,408.40 is what they are selling Eagles for right now.

Spot is $1,346.20


13 posted on 08/15/2016 8:20:57 PM PDT by Bobalu (Democrats use guns to shoot the innocent. Republicans use them for self-defense.)
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To: Jim Noble

My coin dealer buys at spot. His premiums for silver are $3 over spot for generic and $6 over for Eagles. Gold is around $95 for Eagles


14 posted on 08/15/2016 8:21:16 PM PDT by LukeL
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To: TheDandyMan

First rate coin shop near here (PA) who also does shows, a locksmith, name’s Fred Biehl.

http://www.stewartstowncoinshop.com


15 posted on 08/15/2016 8:21:34 PM PDT by Carriage Hill ( Peace is that brief glorious moment in history, when everybody stands around reloading.)
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To: TheDandyMan

Definitely. Hit a coin dealer. They are usually very fair.
Stay away from pawn shops. They’re notorious for paying way below spot gold price.
Where you located? I have a great guy in my area (west coast Florida) who will actually meet you anywhere you’d like and pays cash on spot. Been dealing with him for years.


16 posted on 08/15/2016 8:22:37 PM PDT by roostercogburn
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To: arthurus
On EBAY one can often get a bit over spot.

Between scams and EBAY's high fees, he is better off going to a reputable brick and mortar store and selling near spot gold price for cash.

17 posted on 08/15/2016 8:24:32 PM PDT by af_vet_1981 (The bus came by and I got on, That's when it all began.)
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To: TheDandyMan

You start a blog and then you go on FreeRepublic and post headlines such as “Gold Will Hit $5,000!!!!” and then sell your gold.


18 posted on 08/15/2016 8:25:52 PM PDT by Larry Lucido
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To: TheDandyMan

Any coin shop should buy them, but check the current spot price and then call a couple of the shops in your area. The price can vary close to a hundred dollars what one shop will pay versus another one.


19 posted on 08/15/2016 8:27:03 PM PDT by angry elephant (Endangered species in Seattle)
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To: TheDandyMan
EBAY, or..

https://www.ajpm.com/gold-bullion/

20 posted on 08/15/2016 8:28:30 PM PDT by CivilWarBrewing (Females DESTROYED America.)
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