Current price of Gold

 

 

 

 

 

 

How can I determine the value of gold coins?

 

The value of gold coins depends entirely on the kind of coins you hold.

 

If you own bullion gold coins, like the American Gold eagle, The Gold Maple Leaf or the Krugerrand, then you simply have to look at the market price for the day.

 

You can do that by looking at the current price of gold chart on the right side of this page.

 

Then take your coins to a local bullion dealer and you should get close to the daily market price. It won’t be quite the same, as the dealer will take a small commission on the sale.

 

If your gold coins are collectibles, then it’s a different story. Some of those bullion dealers will also deal in collectible coins.

 

The value of collectible coins will depend on their rarity, design and finish.

 

Knowing the value of a pure gold bullion coin is simple, and you’ll get a very similar quote, regardless of the dealer you visit.

 

But with collectible coins, the assessment of value will be a lot more subjective. So you should always try three or three different dealers and then sell to the one who offers the highest price.

 

In both cases, to get a reliable measure of the value of gold coins of any kind, be sure to go to reputable dealers. In other words, companies that have been around for a while and are clearly well established.

 

Do not go to dealers and buyers who suddenly appear overnight in a local mall. Nor should you sell your gold coins to jewellers.

 

Stick to established, specialist coin dealers every time.

 

 

More about owning gold:

 

WHY gold is such a powerful store of value...

 

Why buying gold COINS is your best choice...

 

WHERE to buy gold...

 

WHEN to buy gold...

 

Where to SELL gold coins and bars...