Will a bank buy gold coins for market value?
Or should I sell to a coin dealer?
Thanks.
Revealing the Exact way on How To Buy Gold Safely
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How do you define market value?
Coin dealers will pay 80% to 90% of the value of the metal or 50% – 60% of catalog value, whichever is greater. Banks, at least in the US, don’t buy gold. In Mexico, banks buy Mexican gold coins at about 90% of the metal value but don’t buy non-Mexican coins.
Selling them yourself on eBay might be better, but then you have to consider eBay’s fees.
June 30th, 2009 at 12:23 pm