How do I sell my gold eagle?

How do I sell my gold eagle?

Sell Gold Eagle Coins It’s easy to select your product from our product list and make your sale. Having trouble? Call us at 1 877 775-4826 (US and Canada) or use our international number, 1 514 313-9999. Our Customer Service Representatives will be very happy to help you to complete your transaction.

How much can I sell 1/10 oz gold coin?

1/10 Oz Gold Coin Value Each coin carries a legal tender value of $5 U.S. dollars.

Can I sell gold bars to a bank?

If you buy gold coins from banks, you will pay more than the market rate. A bigger disadvantage is that you cannot sell it back to the banks as they are not allowed to buy back coins. In most cases, jewellers do not accept jewellery, coins or any form of physical gold in exchange for cash.

How much can I sell my gold American Eagles for?

The current value of a 1 oz Gold American Eagle coin (which contains 31.104 grams of pure gold) is between $1800-$2100 , while the value of one ounce of pure gold is currently around $1960. These values change constantly, and we can offer a real-time quote via our online chat (below) or by calling us at 1-800-781-2090.

How can I sell gold without paying taxes?

Use a 1031 Exchange This means that you reinvest money from your gold sale by buying more gold, and if you meet the IRS requirements, then all of these transactions will not be taxed. You only pay the taxes when you actually sell your gold for cash, not when you buy more gold with the money.

How much is a 1 10 oz gold coin worth today?

The 1/10 oz Gold American Eagle coin contains 0.10 troy ounces of gold bullion. The melt value of one 1/10 oz Gold American Eagle coin is $174.81 based on the current gold spot price.

What is 1/10 oz gold eagle worth?

The Gold Eagle’s purity, weight, and content is guaranteed by the United States Government and backed by the United States Mint. The 1 oz. American Gold Eagle carries a face value of $50. The face values for 1/2 oz, 1/4 oz, and 1/10 oz Eagles are $25, $10, and $5, respectively.

What is the best way to sell gold?

The best way to sell your gold is online through a reputable buyer, as you’ll get a better price than you would selling through a local pawn shop or jewelry store.

Why is it hard to sell gold?

The spread is the difference between the price the dealer charges for selling gold, and the price the dealer accepts for buying the gold. Buying prices are always less, since the dealer needs to make a profit, so investors who sell back their gold must do it at a discount.

Can I sell Eagle coin?

You can sell American Silver Eagle Coins as well as other precious metals in a secure and profitable way with Kitco. Track American Silver Eagle Coin prices with Kitco’s world leading website, the best source for silver prices and bullion market information.

Are gold Eagles taxable?

American Gold Eagle coins are considered collectibles by the IRS. If you own your Eagles for less than a year and sell them, they are taxed at your personal marginal tax rate. If you hold them more than a year before selling, they are taxed at 28 percent, which is the IRS tax rate for collectibles.