I have some 1990 Irish gold coins, they are 1/2 Ounce 50 ECU. I’d like to find a way to sell them on the internet, other than Ebay, Craigslist, or Backpage. Any ideas?
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.4 Comments on “How should I sell my gold Coins?”
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If you know someone who works for a bank you could talk to them. Some employees get better rates on stuff. Then sell it based on the current price of gold (which is doing well thanks to the failing economy). And even if you don’t know someone at a bank, you could just go into your bank and have them give you a quote on buying the gold (see if they are willing at all). Maybe its a long shot, but it won’t cost you anything to ask.
Next is you could try looking around town for places that sell precious collectables. Again, look towards the current price of gold, and see if you can score a price near that from such a shop. They’ll need to buy it somewhat below, but hopefully by not too much (as they get to buy the gold, but also it being a coin, maybe some value in that fact as well).
I’d actually avoid selling them on the Internet at all. I would look to more old school or traditional methods of trying to sell the gold.
June 30th, 2009 at 6:18 pm
amazon.com
July 1st, 2009 at 11:11 pm
You could try the first link. By the way, your coins are 22 caret or 91.7% gold which is worth almost $450 right now.
July 4th, 2009 at 6:08 pm
If you must use the internet and wish to avoid eBay, you’re really limiting your options- you may wish to rethink those choices. However, you could place an ad in the online version of Coin World (www.coinworld.com). Banks do not buy gold coins and while your coins are worth a premium as a collectible (around $600 or so depending on just how nice they are), you would be hard pressed to get more than spot out of them from most dealers (the $450 you were correctly quoted by the other poster). You may also want to contact Clark Smith and Steinbergs, both are foreign gold coin sellers and may be able to offer you a better price for your coins. Good luck.
July 6th, 2009 at 12:52 pm