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Sell Gold Coins

By Eric Morris

Selling us gold coins can become a very profitable business venture. Perhaps you have some gold coins that you want to sell, or you want to make a living selling gold. Regardless of your reason, selling gold coins requires some work on your part.

If you only want to sell a few gold coins, then you can simply sell them to a bullion dealer. They can tell you the market value of your coins, and pay you accordingly. However, you may choose to sell a large number of gold coins and turn it into a way to make a living. To do this, you must first become a bullion dealer yourself. This requires you to become an expert in gold coins and bullion. It also requires you to invest a large sum of money up front. You will need to buy a good number of coins for stock, and if you choose to, you will need to set up a shop. In some countries you will also need to establish some form of licensing in order to become a gold coin and bullion dealer.

Another option some sellers exercise is selling over the Internet. Many people all over the world have been utilizing the Internet in order to make a profit selling gold coins. If you go to a search engine and type 'gold coins,' you will get thousand of results in your search.

Regardless of how you choose to sell gold coins, in order to be successful you must follow certain rules. You must know which particular coins will attract buyers, find out the best way to promote your product, and be knowledgeable of the industry. If you do your research, selling gold has the potential to be very profitable. This industry is already well established. Do not be afraid to look at other sellers? strategy. They may help you sell more coins.

About The Author

Gold Coins provides detailed information on Gold Coins, Rare Gold Coins, Sell Gold Coins, Buy Gold Coins and more. Gold Coins is affiliated with Gold Teeth.

Additional Numismatists Info

Make sure the seller has a return policy that will allow you a refund if you are not satisfied with the coin. This is especially important if you are buying a non-certified coin. You want the option to return it if your grading service returns a lower grade than you bought it at.
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Old gold coins should never be cleaned. But it's not just excited treasure hunters that make this mistake. Even archaeologists working with ancient coins come under fire for the practice of restoring ancient coins, although in their case it may be necessary in order to see the coin well enough to properly date and categorize it. Those coins will not end up in most collections. But then again, archaeologists are not trying to preserve numismatic value.
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There is a good way to diversify in gold coin investing: by date. When you start getting into date and buying older coins, you get into the realm of numismatics. Once you have a solid bullion collection of coins, old and rare coins can definitely help your diversification cause. One great way to do this is to throw a few $20 gold Saint Gaudens double eagles in your portfolio, the most beautiful gold coin of all time. However, the topic of numismatics is a little beyond the scope of this article which is all about diversifying your bullion coin collection.
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An old practice to test whether a gold coin was counterfeit was to bite down on it. Since pure gold is relatively soft any base metals mixed with the gold to lessen its value will also harden the coin, and so make it harder to bite on. The majority of bullion counterfeits (of all types) are rare, and fairly easy to detect when comparing their weights, colors and sizes to authentic pieces. This is because the cost of reproducing any given coin precisely can easily exceed the market value of the originals.
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Gold prices fall on weak global cue Myiris.com, India - 9 hours ago Gold plummets in the bullion market on Friday as the metal melted in the global markets on speculation that dollar gains might spur sales, reports Economic ... Precious metal dips on weak global trend Myiris.com all 3 news articles

Word of the week: 'Peculiar'Deseret News, UT - Jan 30, 2008The Hebrew word comes from the root meaning to shut up, which is what you do with wealth, hence a jewel or peculiar treasure. In the Old Testament, ...SUPERVALU to Celebrate Bla

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