Selling Gold Coins Efficiently in Las Vegas | Where to Sell Gold Coins

Selling gold coins can be a fast, easy way to make some money. But if you don’t know what you’re doing, you might not get as much as they are worth. If you’re thinking about selling gold coins in the near future, take these tips to help you get maximum value for your coins. If you own gold coins, there are several ways that you can profit from them without having to store them forever. Although some people prefer to keep their gold bullion and other gold pieces in a safe place and only sell them when it is time to purchase something special or make an important investment, many people like the idea of being able to sell their gold coins whenever they want. Here are useful tips that will help you sell your gold coins with ease.

Understand the value of your gold coins

Before you sell your gold coins, you need to know exactly how much they are worth. There are several places you can go to find out the current price of gold. A website like kitco.com will let you know how much your coins are worth based on today’s gold price. You can also visit a coin shop in your area and ask them how much your coins are worth. They will probably charge you a small fee for their services, but it will be worth it if you walk away with more money than you would have otherwise. 

Only sell your best quality gold coins

Of course, you should only sell your best and authentic gold coins. But just because a coin is old or has a famous person on it doesn’t mean it is necessarily “best quality.” You need to make sure that coins have no major damage or wear on them. Make sure you clean them thoroughly before taking them to a coin shop. If your coins are tarnished, you can use a special cleaning solution to restore them to their original shine. If a coin is severely worn, it may only be worth a fraction of what it would be if it were in better condition.

Know the karat of your gold coins before selling

Not all gold coins are the same. Some may be made of 22 karat gold, while others may be much purer and contain 100 karat. The higher the karat of your gold pieces, the more valuable they will be. If you aren’t sure what the karat of your gold pieces is, you can bring them to a jeweler and they can test the purity of your coins. You might have to pay a small fee for this service, but it will be worth it if it means you get a higher price for your coins. 

Be aware of any fees that may be involved

Before you sell your coins, you need to be aware of any fees that may be involved. Some coin shops, for example, may take a percentage off the top of your earnings because they have to pay for things like utilities, their employees’ salaries, and other things that come with running a store. If you are selling your coins online, be aware that they may charge you a fee as well. You may also have to pay for postage if you want the dealer to send you a check.

There might be a way to skip all of these, which is to sell your gold coins to specialty buyers like Nevada Coin Mart. 

Sell gold coins to a reputable dealer, not an unknown buyer online

It’s always best to sell your coins to a reputable gold coin dealer. You may be tempted to sell your coins to an unknown buyer online. But you never know when you may get scammed, and your gold coins may end up being worth much less than you thought. You can go to your local coin shop and find out if they are buying gold. If they are, you can get a fair price for your coins. You can also try visiting the website of the American Numismatic Association. They maintain a list of coin dealers who can help you sell your gold coins.

But for easier transactions, you can sell your gold coins to Nevada Coin Mart instead – home to the best gold coin buyers in Las Vegas today. We pay our customers in cash and let them watch as we perform tests to determine the authenticity and quality of gold coins. You can visit us at Nevada Coin Mart® 4065 S. Jones Blvd, Las Vegas, NV 89103 to talk to one of our expert buyers. You can also call us at 702-998-4000 or email us at [email protected] for more information. 

Bottom Line

If you own gold coins, there are several ways that you can profit from them without having to store them forever. You can also visit a coin shop in your area and ask them how much your coins are worth. Unfortunately, not all coin shops buy gold, so you may need to visit a few until you find one that does. You can also try visiting the website of the American Numismatic Association. They maintain a list of coin dealers who can help you sell your gold coins.