Re: gold coins, what do I have and other questions


"oly" <oly2059@xxxxxxx> wrote in message news:a188b398-6d99-46ef-b7db-e3b742d5f590@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
On Jun 22, 10:53 pm, "Joe M" <joemagi...@xxxxxxxxxxxxx> wrote:
Non-active coin collector (me), accepted as partial payment, I got these:

http://www.tollianweb.com/uc/gold_coins.jpg

Sorry, not great pic, I'll try to take better pics in the sun tomorrow.
They are all 1 ounce gold coins, 2 from the US, 2 from Australia, 1 from
China (?).

Trying to figure the best way to sell them and the price I can expect. Some
general research on the inernet got results that didn't give as good news as
I hoped.

Say the spot price of gold is $930. That's for an unformed "blob" of gold.
I would think a gold coin would be worth more. How much, no idea, but I
would think more. Now I understand about dealers needing to make a profit,
but how much? I called a few places and they were offering me like $780 or
so. That much of discount to sell to a dealer?

I also saw people trying to get in the $1200-1300 range. I understand
they're just trying to snag someone, and I don't expect that. But I was
hoping to get in the $930 range, figuring that since it's a coin rather than
a blob, and that would hopefully make up the difference for the "dealer
premium" when selling to them.

I know the pictures aren't much to go on, but are any of those that I have
have any collector value beside the gold content? I.e., are they rare?
They're all late 1980's and newer, so I wouldn't think so.

What is the best place/method to sell to get a decent fair price? I'm not
looking to rip someone off, but I'd like to get a fair price on my side too.
I realize I won't get top dollar.

Any help or advice would be much appreciated. I'm not a regular coin
dealer, so while I'll try, I might not see a reply post. If you could
respond by direct email, it would be much appreciated. Thanks,

Joe (joemagiera at ameritech dot net)
joemagi...@xxxxxxxxxxxxx

If you could say what region of the country, or what major city you
are near, the group could probably indicate who is a reputable dealer
(i.e., one who pays O.K. and has a good check) in your vicinity. You
don't have to give us your exact city.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
So Oly, old top, would you recommend he sell to Frank Provasek despite Frank's multiple suspensions from eBay?

.

Relevant Pages

  • Re: gold coins, what do I have and other questions
    ... Trying to figure the best way to sell them and the price I can expect. ... Say the spot price of gold is $930. ... That much of discount to sell to a dealer? ... What is the best place/method to sell to get a decent fair price? ...
    (rec.collecting.coins)
  • Re: gold coins, what do I have and other questions
    ... Trying to figure the best way to sell them and the price I can expect. ... Say the spot price of gold is $930. ... and that would hopefully make up the difference for the "dealer ... but I'd like to get a fair price on my side too. ...
    (rec.collecting.coins)
  • Re: gold coins, what do I have and other questions
    ... Trying to figure the best way to sell them and the price I can expect. ... That's for an unformed "blob" of gold. ... That much of discount to sell to a dealer? ... What is the best place/method to sell to get a decent fair price? ...
    (rec.collecting.coins)
  • Re: gold coins, what do I have and other questions
    ... Say the spot price of gold is $930. ... That much of discount to sell to a dealer? ... What is the best place/method to sell to get a decent fair price? ...
    (rec.collecting.coins)
  • gold coins, what do I have and other questions
    ... That's for an unformed "blob" of gold. ... I would think a gold coin would be worth more. ... That much of discount to sell to a dealer? ... but I'd like to get a fair price on my side too. ...
    (rec.collecting.coins)