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Selling Your Scrap Gold Coins
Thursday, 5 February 2009
Selling Your Scrap Gold Coins
Selling Your Scrap Gold Coins

If you're in a huge cash crunch and need to make some money fast by selling gold coins or scrap gold jewelry, click here.

You do not need to collect gold coins or invest in them to have them. Any gold coin or any coin made from any dear metal has 2 parts of its worth : the gold price and the numismatic worth ( for bullion gold coins it can be merely a premium on the gold value in percents ).

If you are thinking about selling these coins or your old gold jewellery to raise some cash, there are several options.

You can begin with asking your local coin dealers, they may not give you the right price, but at least you will get some idea of what your coin is, what grade it is in, and what it's worth.

Going to a jeweller shop can be justified only if you do not have any coin dealers around - they may know about numismatic price of coins, but often, they just give you their gold price, which can be comparatively tiny compared to their numismatic worth.

You can naturally just Google it, which is an excellent start, but an alternate way of doing it is using ebay. That should give you a better idea of what similar coins are getting sold for. You can consider using the help of coin forums too. Bear in mind that coin grading can have an effect on the price seriously and if the coin dealer you saw asserted that your coin is in the fine grade ( VF ) and worth around $100 and you discovered that a corresponding coin in the extra fine grade ( XF ) was sold for $300, you'll have had your coin priced in the correct way.

After you've got a better concept how much your coin is worth, you can start seriously considering selling it. Be conscious of the probable and not extraordinarily nice outcome of your research - if your coin is sort of different from similar coins of the same type, it could be a fake, but typically coin dealers can point it out straight away.

And it it turns out that you do not have any kind of a valuable collector type coin, you can always sell it for top dollar for the gold value alone. Gold is now trading in the $900 range so it will pay to check out selling scrap gold online and see what kind of deal you can get.

If you're in a huge cash crunch and need to make some money fast by selling gold coins or scrap gold jewelry, click here.

Other sites worth checking out...
Selling Your Scrap Gold Coins!9F705C91E3F338CA!106.entry

Posted by ottocraig5754 at 12:34 PM EST
Updated: Sunday, 5 April 2009 8:00 PM EDT
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