October 15, 2010
how do I sell my US rare gold coins at the highest prices?
Question by Sw. Nostrumananda: how do I sell my US rare gold coins at the highest prices?
I have 8 gold numismantic coins being 3 $ 20 St Gaudens, and 5 $ 5 Liberty's. All are MS 61-65 in grade. I have noticed a big drop on the market value and I want out with the smallest loss possible. Thanks!
Best answer:
Answer by Wilson K
Try ebay and set a price that you would be happy with to sell. If you dont get it then the cost is very minimal.
Add your own answer in the comments!
Filed under Rare Gold Coins by on Oct 15th, 2010. 
Comments on how do I sell my US rare gold coins at the highest prices?
learcapital.com
my advice is do not sell as gold is gooing to double this year
I am curious about your source for prices. With gold over $ 1200/oz, most coins are doing fine.
The answer depends on whether the coins are sufficiently rare to command numismatic value, or would sell for close to bullion value. Are they certified by PCGS or NGC?
If they are rare and certified as to grade, they might be worth auctioning. The largest numismatic auction firm is Heritage. ha.com
Otherwise, a coin dealer with significant bullion business might be better, perhaps Apmex.
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I think ebay is probably the better choice because any business, weather it be a coin shop or a pawnshop are out to make their money and will often pay you under price. I do a lot of looking on ebay and gold coins have no problem being sold at the minimum their gold content value. People will even pay a little more because of the economic uncertainty were experiencing with the value of the euro plummeting. Don’t sell your coins to cash4gold or business alike because they rip you off. I will put a site on the sources that at least tell you the metal content value of the coins. They guy updates the prices daily first being around 10:30-11 am pst. Gold has not actually dropped as much as silver, however it does fluctuate. Don’t sell your coins for less than their metal value, obviously lol. I hope this helps.