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When selling your gold how do you get fair market prices?
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<p>[QUOTE="Yankee, post: 594976, member: 18618"]I hope someone can give me good advice about selling your gold and silver when the time comes to do so. I own both gold bars and 9, 1oz 2009 SG gold coins and thinking ahead I have been trying to find a dealer that will buy these items without wanting them for almost a free price!. So far I have contacted 17 coin shops and asked what price they buy gold and silver. Most offer only 70% melt value for the U.S. 1oz SG coins and 55-60% on gold bars. Silver quotes have been even worse they offer 55% for unopened mint rolls of Silver eagles. I know they have to make a profit but if you cant get fair market value for your bullion why buy it at all? I hope some here on this forum has in the past sold some of their bullion and can let me know your secret???? and no I am not selling at this time. THANKS![/QUOTE]</p><p><br /></p>
[QUOTE="Yankee, post: 594976, member: 18618"]I hope someone can give me good advice about selling your gold and silver when the time comes to do so. I own both gold bars and 9, 1oz 2009 SG gold coins and thinking ahead I have been trying to find a dealer that will buy these items without wanting them for almost a free price!. So far I have contacted 17 coin shops and asked what price they buy gold and silver. Most offer only 70% melt value for the U.S. 1oz SG coins and 55-60% on gold bars. Silver quotes have been even worse they offer 55% for unopened mint rolls of Silver eagles. I know they have to make a profit but if you cant get fair market value for your bullion why buy it at all? I hope some here on this forum has in the past sold some of their bullion and can let me know your secret???? and no I am not selling at this time. THANKS![/QUOTE]
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When selling your gold how do you get fair market prices?
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