How to Sell Gold Coins & Bullion for Cash

There are ways to assess a gold coin’s grade to find out what your gold coins are worth when you sell. Read on to find out how or fill out this form to request your free Appraisal Kit now.

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Stack of gold coins and gold bullion

With the value of gold at such elevated levels, there’s a high probability if you inherited or purchased gold coins and gold bullion years ago that the price of gold is significantly higher today.

Where to Sell Gold Coins & Gold Bullion

So, where can you go to sell your gold coins?

Selling Gold Coins & Gold Bullion "Near Me"

Most people will search for “sell gold coins near me,” “coins for cash near me,” or “sell gold coins for cash near me.” You will find local brick-and-mortar pawn shops and jewelry stores. But, when looking to find out where to sell gold coins, is this your best option? Brick-and-mortar buyers tend to make lower offers to people looking to sell gold coins. There are many reasons: Local buyers have to worry about paying rent and other expenses, like insurance, maintenance, utilities, and cleaning. This affects the price they’re willing to pay for gold.

While there are plenty of places to sell gold coins near me, like pawn shops and jewelry stores, not all offer fair or informed appraisals. Here are some other challenges why you try to sell gold coins “near me:”

- buyer might be inexperienced with gold coins, leading to an undervalued offer
- if gold coins are in poor condition, a local buyer might decline to make an offer
- local buyer needs to maintain a margin for their expenses

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How to Sell Gold Coins for Cash

When you are looking to sell your gold coins, here are some tips:

01

Find a reputable buyer.

Look at their Better Business Bureau rating and customer reviews. We have an A+ BBB rating and many five-star reviews from our customers.

02

Consider selling gold coins online.

When you sell gold coins, it is a good idea to get multiple offers. While the common view is if you need money fast, you should sell locally, Cash for Gold USA pays out quickly, within 24 hours of receiving your gold coins.

03

Research the value of your coins.

While the value is primarily based on the gold content and weight, coins with numismatic or historical value might be worth more than the gold content.

Woman throwing cash in the air

Sell Gold Coins Online

What is the best way to sell gold coins? We say it is often a good idea to sell gold coins online. When you work with an online buyer like Cash For Gold USA, you can sell your coins with relatively little effort while also obtaining a good price for them. And, you can avoid many of the challenges to get a higher price locally. Here are some of the benefits you might enjoy when selling gold coins online:

Higher payouts: Their relative lack of overhead means that online buyers are more likely to give you a reasonable amount of money for your gold coins.

Quick cash: You can get your money quickly with an online buyer. We’ll get an offer within 24 hours of receiving your gold coins.

Up-to-date selling prices: Compared with pawn shops, online buyers are more likely to offer the most current rates for your gold.

Convenience: When you work with online buyers, you never need to travel. The buyer can ship a mailer straight to your address. All you need to do is walk to a mailbox.

More selling options: Online buyers are more willing to consider badly damaged coins that jewelry shops and pawn shops might reject because they look at the weight and purity of the gold.

Price “Beat” Guarantee: We will beat any competitor’s written offer or return your items to you free of charge.

Cash For Gold USA has served more than one million customers, paying millions of dollars to those selling their gold coins and precious metals including gold, silver, platinum, and palladium valuables. Cash for Gold USA buys all gold coins regardless of denomination, condition or country of origin.

What Gold Coins are Worth

There are three basic factors that are considered when determining the value of a coin: date, mintmark, and condition.

One easy way to get a rough estimate of the value of your gold coin is to look up the retail price of the coin that dealers are currently asking. Keep in mind, the retail price is always higher than what you would get if you sell your coin to a dealer.

Using a gold coin grading scale will help you get a more accurate estimation of your gold coins. Coin grading scales are standardized systems for assessing a coin’s true value. The most recognized grading scale is from The American Numismatic Association (ANA).

The grading standards for uncirculated coins range from MS-70 (perfect coin) to MS-60 (unattractive, dull, or washed-out coin). The scale also includes grades for circulated coins, ranging from AU-58 (barely trace of wear) to Poor-1 (only basic coin type identifiable). These grading standards are considered official by the ANA.

The value of your gold coin is also based on its Actual Gold Weight (AGW), as measured in troy ounces. AGW is the weight of the gold multiplied by its purity. You can determine the purity by referring to the coin’s karat number, a coin marking that refers to the relative amount of gold of the coin. For instance, a 22-karat coin is 22 parts gold and 2 parts non-gold materials. Here are some common karat numbers and their composition of gold:

24k: 99.9% gold

22k: 91.7% gold

18k: 75% gold

14k: 58.3% gold

10k: 41.7% gold

8k: 33.3% gold


Certain gold coins that have historical significance or other uncommon characteristics (e.g. scarcity) are often worth much more than the spot price of their gold content.

If you’re still uncertain how to determine the value of your gold coins, you may wish to consider having it professionally appraised by a reputable dealer. Or, if you know you want to sell your gold coins, get a free, insured Appraisal Kit and we’ll evaluate your coins for you to make you a cash offer.

Popular Gold Coins

Gold Eagles (1 oz / 1/2oz / 1/4 / 1/10)

Authorized by Congress in 1985, American Gold Eagles are the only gold bullion coins guaranteed by the U.S. government for weight and purity.

Gold Buffalos

Introduced in 2006, the American Gold Buffalo was the first U.S. coin minted in .9999 fine (24k) gold.

Indian Gold Half Eagle

Struck from 1908–1929, the Indian Head Half Eagle is one of only two U.S. coins to feature an incuse (sunken) design.

Gold Maples

Canada's Gold Maple Leaf was the world’s first bullion coin to achieve .9999 fine purity, setting a new global standard when introduced in 1979.

Krugerand

First minted in 1967, the Krugerrand was the world's first modern gold bullion coin and once accounted for over 90% of the global coin market.

Saint-Gaudens Double Eagle

Designed by famed sculptor Augustus Saint-Gaudens, this $20 gold piece is widely regarded as the most beautiful American coin ever made.

$20 Liberty

Minted from 1849–1907, the $20 Liberty Double Eagle was originally created to handle the influx of gold from the California Gold Rush.

1 oz bar (Perth mint / Apmex) also in fractions

Perth Mint and APMEX gold bars are renowned for their security features and investment-grade .9999 purity, available in sizes down to 1 gram.

Gold Mexican 50 Pesos

Also known as the Centenario, this hefty coin contains 1.2057 oz of pure gold and features Mexico’s iconic Winged Victory.

Gold Mexican 20 Pesos

The 20 Peso gold coin is prized not just for its gold content, but also for its unique Aztec Sun Stone design.

1 oz Australian Kangaroos

The design of the Australian Kangaroo gold coin changes annually, making it a favorite among collectors as well as investors.

1 oz Australian Gold Coins

Struck by the Perth Mint, these coins often feature native wildlife and boast micro-laser security features to prevent counterfeiting.

Sovereign Gold Francs

These historic European coins, like the Swiss 20 Franc Helvetia or French Napoleon, offer both gold value and old-world artistry.

Gold Chinese Pandas

Chinese Gold Pandas are the only major bullion coins to feature a new panda design each year, adding collectible appeal.

What Should You Know Before Selling Gold Coins?

Getting the best price for your gold coins starts with knowing what affects their value. From where you sell to how your coins are appraised, each decision can change your final payout. Below are the key questions every seller should understand before moving forward.

1. How to get the best price when selling gold coins?

To get the best price for your gold coins:

- Know the spot price of gold before selling (check live market charts like Kitco).
- Weigh and grade your coins accurately; purity (karats) and weight (in troy ounces) matter most.
- Get multiple appraisals from both online and local dealers.
- Sell to direct buyers, not middlemen; avoid pawn shops and low-ball offers.

2. What factors affect the price of gold coins?

The value of a gold coin depends on:

- Gold purity: Measured in karats (24K is pure gold).
- Weight: Typically in troy ounces or grams.
- Market spot price: Live gold prices determine baseline value.
‍- Numismatic value: Rarity, mint year, condition, and demand among collectors.
- Mintage and origin: U.S. Mint, Royal Canadian Mint, etc.
- Condition: Graded coins (NGC, PCGS) fetch higher prices.

Buyers like Cash for Gold USA pay for the intrinsic value of the precious metals and not the collectible value.

3. Compare prices for selling gold coins online vs. in person

Criteria Online Gold Buyers Local Dealers / Shops
Payout Rates Often 90–95% of spot price Typically 60–80% of spot price
Convenience Ship from home; prepaid label provided Must visit location; limited hours
Privacy Discreet, secure shipping Public, face-to-face transactions
Speed Offer within 24–72 hours Immediate cash (if accepted)
Market Pricing Uses current spot pricing algorithms May rely on outdated or fixed rates
Risk Protected by tracking and insurance Varies by dealer; less standardization
Damaged Coins Accepted based on weight/purity Often rejected if condition is poor

4. Are there any fees associated with selling gold coins?

Yes, depending on where you sell. Potential fees might include: 

- Shipping costs (unless provided free by the buyer)
- Appraisal fees (some dealers charge for grading)
- Commissions (if you sell on consignment or at an auction)Insurance costs (recommended for high-value shipments)

Top-rated buyers like Cash for Gold USA pay for shipping and insurance.

5. How to check the authenticity of gold coins before selling

To verify if a gold coin is genuine:

- Magnet test: Real gold is non-magnetic.
- Ping test: Tap the coin and listen for a long, high-pitched ring (fake coins sound dull).
- Acid test or XRF analysis: Accurate, but best done by professionals. (Our certified appraisers use XRF technology.)
- Certification: Coins graded by PCGS or NGC are typically authentic.

The risk of counterfeits is real, so it's wise to verify your coins before listing. Cash for Gold USA will do the verification when you ship your materials. Request a free, insured Appraisal Kit now to start the process.

Start Selling Gold Coins

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Selling Coins? FAQ

How much do you pay for silver coins and bullion?

How do I sell my gold or silver to Cash for Gold USA?

Do you buy rare or collectible gold and silver coins?

Can I sell fractional gold coins or bars?

Is there a minimum or maximum amount I can sell?

How do you determine the value of my gold and silver items?

What is the best way to sell a Monster Box of Silver Eagles?

Can I sell silver bullion like 1 oz bars or 100 oz bars?

What types of gold bullion do you accept?

Do you buy silver coins like Silver Eagles or Morgan Dollars?

Can I sell gold coins like American Gold Eagles or Gold Buffalos to Cash for Gold USA?

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