Selling Gold Coins for Cash

selling gold coinsIt is a kind of a hobby of collecting and saving the gold coins. Many people have gold coins just for fun. While others may keep them to start a business or else use them when undergoing financial problems. The economic difficulties and the hardships are the leading factors of reselling of the gold coins. The gold coins can be sold on the best prices if the prices have been checked from time to time. Selling gold coins for cash has never been more comfortable with the London Gold Centre

About Us
  • 25,000 + Customers : Satisfied customers over the 15 years of trading.
  • Price Guarantee : Our prices are the highest in the market.
  • No Risk : Value your product for free with no obligation. 
  • Experience : 15 years experience in testing and valuing jewellery.
Certified Scale
Scrap gold prices

Our certified scales are very accurate to 0.10 to get the accurate weight of your item

XRF Testing
Free Gold Testing

We use the latest technology to accurately test gold without damaging the item.

Evaluating the Gold Coins Value

The most important thing before putting the gold coins on sale is to know the actual value of the gold coins one have. There is a misconception in the society related to the price and value that they both are the same entities, but in reality, they are not the same. Cost is something the buyer pays to the shop at times of buying while the value is something that the same buyer gets when he becomes a seller by the shop. One should look at different shops before selling his gold coins. To determine the exact value of the gold coins.

Equating the Values

Before selling the gold coins for cash, it is the right of the person to know the values of the gold coins from different buyer shops. Only one has to do is to web search the places or the buyers of the gold coins. In order to know the prices of different gold coin buyer near the person. Although the costs would not very much as because of the globally set gold price but on the other hand, the dealer may offer some good deals at the time of buying, which can prove to be very helpful for the person.

Vending Gold Coins to the People

It is a good thing to sell the coins to a person or a dealer nearby. As one can meet him as soon as possible and then set the deal for the gold coins at selling. However, there are many disadvantages of vending the coins to the people. There is no surety of substituting the coins. Plus there are many scams that are roaming in the dealing market representing them as the dealers.

Vending Online

One can sell the gold coins through the online websites that offer to buy of the gold coins. The online dealers work through some specific points; all they ask one is to register himself to their selling site. Then contact their trading department for knowing the price and negotiating the value amount one has to suggest.

Vending On Auction Sites

Another way of selling the gold coins is through the auction sites. All one has to do is to set the gold coins on the auction site like eBay. These sites just require registration. Through these sites, it is expected by the person to get a little higher amount for the gold coins. Some buyers may also ask for the picture of the gold coins. Which is not a big deal to send or upload on the auction site. So that the buyer has no doubt at times of buying the gold coins.

London Gold Centre

It is the best of the best opportunity for the people residing in London or the nearby territory to sell their gold coins to the London Gold Centre. As the London Gold Centre provides one with complete detailing’s and buys your gold coins on the price that is running in the market. Plus they are also having different deals for their clients who sell them their gold coins and other precious metals. London Gold Centre is a safe place to sell the gold coins as it provides complete security.

Tax Paying

After the selling of coins, there is some tax that has to be paid. When the seller is done with the sale then according to the country’s law, he is liable to pay a certain amount of tax that is implied on the sale of a specific amount of gold coins.

Shipping

There are many ways through which one can ship the gold coins. The gold coins can be sent through courier services. They ask for a considerable amount for delivering the gold coins. Other than that some sellers also offer door to door delivery of gold coins that are the most secure way. However, this is a tiring process. No doubt gold is a very precious metal to handle in order to deliver it, and one has to keep in mind that it can also be robbed or stolen during delivery. In order to condemn this attempt, one should surely take some security measure. That is one at the time of delivering should ask for a consignment number from the courier company through which one might be able to track the consignment until it reaches the destination. 

Frequently Asked Questions
  • Does London Gold Centre Provide Shipping?
    The London gold centre provides a shipping facility to its clients, and it is not only the shipping facility, but it also ensures the security of the gold coins.
  • Does It Offer Good Price?
    The London Gold Centre offers the value that is running in the global market according to the gold fix of the day