For an example I have 2 pounds of Australian gold coins would I be able to cash it in for $24,000USD?
If so where would i need to go to have that done?i.e some type of bank?
Revealing the Exact way on How To Buy Gold Safely
.5 Comments on “Having gold coins from anywhere in the world.Would you be able to convert it into US dollars in cash?”
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Airport money converter places!
The airport has everything! (BIG AIRPORTS anyway).
At least i seen some in airports. *cough* one per airport *cough*
June 29th, 2009 at 9:14 pm
A coin dealer generally is the best. Possibly one of those “we buy gold” places as a second choice. You could also try on craigs list to get a better price by selling direct to another person. Dealers pay less and charge more, split the difference on Craigs List..
Some countries better than others. USA, Canada, Austria, SAfrica, Australia are all common here. I wish you were nearby, gold coins hard to find in my area at reasonable prices.
June 30th, 2009 at 9:00 pm
Search for a coin dealer, they deal in gold and silver, buying and selling. At today’s price of gold $734 per ounce you should get close to that. Certain coins are worth more than the spot price, so you may be able to get even more.
July 1st, 2009 at 3:06 pm
i know that there are websites where you can send the gold to their company they will value it and send you money. You’ll have to be very careful in doing that as its like sending cash to someone, you’ll have to search for very reputable companies, there are some online, but there are also a lot of those scam companies as well.
pawnshop would take them, but they will devalue it so much its not worth it.
In many asian countries (Thailand, Taiwan, China, HK, etc), they have gold shops that sell gold jewelry, and they will buy gold from you at a fair price.
July 3rd, 2009 at 8:21 pm
Every city has businesses that pay cash for gold. Start with the firms that advertise that they buy metals. If the price for gold is $700 per ounce, they will pay you $600 per ounce. Banks seldom offer this..
July 4th, 2009 at 6:25 pm