Is there any catch when it comes to selling(to a jeweler) assay certified 99.9% pure gold coins in India?

1

Gold coins and gold bars are being sold by banks and the Post Office(in India)....If we were to buy these and sell them to a jeweller at a later date for money, will we get market price?

I mean....when we try sell old jewellery for money they take a margin citing purity reasons....but what I was talking was about assay certified pure gold....there should not be any purity issues there.....but will we get market price....or is there a catch?????

Filed under Certified Gold Coins by on #

Comments on Is there any catch when it comes to selling(to a jeweler) assay certified 99.9% pure gold coins in India?

July 13, 2010

Computer Guy @ 8:10 pm #

I would be astonished if they paid you market price. They exist to make a profit. They probably sell at a small premium and buy at a small discount. Best bet is to ask the jeweler.

Grandpa

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