Wednesday, November 9, 2011

Unique Content Article: How to Sell Small Denomination Gold Coins for the Best Prices

<h2 class = 'uawtitle'>How to Sell Small Denomination Gold Coins for the Best Prices</h2><br />
<div style='font-style:italic;' class='uawbyline'>by Glen Phillips</div><br /><br />
<div class='uawarticle'>With the very competitive prices for gold based assets, the decision to <a href="http://atlantagoldandcoin.com/coins/gold-coins/">sell small denomination gold coins/</a>, commonly referred to as fractional gold coins, cannot be underestimated. These are coins that are typically have an actual gold weight of 1/20th, 1/10th, 1/4th and troy ounces and are composed of 22 karat of 24k gold which is equivalent to a purity of 91.67% and .999%, respectively. You will find several gold coin dealers in Atlanta that accept small denomination gold coins and will pay competitive prices depending on the spot price of gold at the time of the sale.<br />
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As a very rough guide on how to price small denomination gold coins, consider the following estimated prices for the 1/10th, 1/4th and troy ounces American Gold Eagle:<br />
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* With respect to American gold eagles, the tenth ounce gold coin has a face value of $5. While the face value may not sound all that impressive, you'll be pleasantly surprised to hear that this coin is currently bringing $160 - $170 in the marketplace. This coin, as is the case with all American gold eagles, contains .916% or 22k pure gold. The total weight of this coin is 0.1091 troy ounces.<br />
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* The American Gold Eagle quarter ounce coin has a face value of $10. But if you are to sell it at the current spot of gold, you can expect to get $400 to $430 per coin! The total weight of this coin is 0.2727 troy ounces.<br />
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* troy ounce gold coin, $25 face value. The typical selling range is from $800 to $830 and contains 0.9167 pure gold in the 0.5454 troy ounce coin.<br />
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* The half ounce American Gold Eagle coin has a face value of $25. One can safely estimate to receive an offer worth $800 to $830 for this coin, again, depending on the spot price of gold at the time of the transaction. The total weight of this coin is 0.5454 troy ounces.<br />
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As a business transaction, selling small denomination gold coins is mostly about pricing. For this reason, it is imperative that you select a gold coin dealer in Atlanta that is above board and is known for being fair. If this is your first time selling small denomination gold coins, you need someone who will not take advantage of your inexperience. Also, don't be discouraged if you get turned down by some coin dealers, as not all gold coin dealers specialize in small denomination gold coins.<br />
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Here's your basic guideline in getting a fair price for your coins. First, check out the prevailing spot price on gold. Use the precious metals market for accurate and updated rates. With this rate, multiply it by the gold content of your coin. This will provide you with the approximate market value of your coin; however, since coin dealers are in the business for profit, you can expect to receive an offer that's below the price that you arrived at.<br />
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If you happen to have small denomination or fractional gold coins that you'd like to sell, now is an excellent time to do so considering that the precious metals market is performing well. With the prices of gold nowadays, even 1/4th ounce and 1/10th ounce gold coins are extremely valuable. Perhaps it is time to liquidate your investment and profit from the sale of your coins while the price of gold is still high.<br />
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<div style='font-style:italic;' class='uawabout'><br />
About the Author:<br />
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<div class='uawlinks'>Want to find out more about how to <a href='http://www.atlantagoldandcoin.com'>sell small denomination gold coins</a>, then visit Atlanta Gold and Coin Buyers' site on how to choose the best way to sell <a href='http://www.atlantagoldandcoin.com/coins/gold-coins/'>fractional gold coins</a> in Atlanta.</div><br />
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New Unique Article!<br />
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Title: How to Sell Small Denomination Gold Coins for the Best Prices<br />
Author: Glen Phillips<br />
Email: tdavis321@gmail.com<br />
Keywords: Sell small denomination gold coins,Fractional gold coins,Gold coin dealers in Atlanta,Gold Coin Dealers,Gold Coin Buyers Atlanta,Gold Coin Buyers<br />
Word Count: 549<br />
Category: Sales<br />
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