There are no shortages of places to sell your gold coins in Oregon. Gold coins are one of the easiest forms of gold to sell.Your challenge will be to find the buyer who will pay you the closest to the current spot price for gold. Since the price of gold fluctuates on an hourly basis it does little good to try to compare how much each buyer is offering for your coins by getting a current quote; by the time you get a quote from the next buyer the price of gold may have changed by several dollars an ounce and so the two prices won't really be comparable.The only way for you to know for sure that you are getting the best possible price for your gold coins is to know what percentage of the spot price for gold the buyer is paying for the type of gold you are selling. The buyer paying the closest to the spot price is the buyer you want to sell to.
Instructions
Sell Gold Coins in Oregon
1. Determine if your coins are bullion-type coins or collectible coins. Collectible coins are coins minted before 1935 and intended for general circulation. Collectible coins often have a value to coin collectors that is in excess of their gold value. Collectible coins should be offered to coin dealers, auction houses and private collectors. To determine if your coins have a special value to collectors go to: http://portland-or.yellowusa.com/Gold_Silver_and_Platinum_Buyers.html for a list of gold buyers in the Portland area. If possible, visit some of the buyers in person.Comparison shop the price being offered for your collectible gold coins from several different buyers.
2. Compare prices being offered for non-collectible bullion-type gold coins such as American Eagles, Canadian Maple Leafs and South African Kurgerrands. Contact Portland coin dealers, gold bullion dealers, jewelry shops, private investors and even pawn shops or contact such buyers in your local area. Since bullion-type coins are guaranteed pure and have a guaranteed weight, there is no need to get price comparisons in person. Whenever possible you should get price comparisons as a percentage of the current price of spot gold since this will be the only accurate way of determining which buyer is actually offering you the best price.
3. Locate gold buyers on-line. Ask several of the larger buyers what percentage of the spot price they pay for gold coins of the type you have for sale. Again, because the price of gold varies from hour to hour the only way to compare prices is to know how close each buyer is willing to pay to the current spot price of gold on the world market.
4. Check prices currently being paid for gold coins of your type on Ebay. Look in the Recently Closed auctions and check out prices which have actually been paid.
5. Compare all of the quotes that you have gotten for your bullion-type coins. Because the price of gold fluctuates so much, the price you will get for your coins will be based on the current price for gold on the day you make your sale. Sell to the buyer who is willing to pay the highest percentage of the spot price for gold.
Tags: price gold, spot price, gold coins, spot price gold, your coins, bullion-type coins
