Selling Some Gold If It Hits $1300/Oz..

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Author	Replies: 2 / Views: 1,504
andrewjs18 Valued Member United States 63 Posts	Posted 09/23/2010 07:21 am if gold hits $1300/oz, I'm selling the gold I own which is a little over 1 1/4oz. what kind of mark-up do you think I can ask for the following coins in good condition? 1oz- 2001 American Gold Eagle $5- 1909 Indian (just below 1/4 oz) 1/20oz- 1984 Chinese Panda Report this Post to the Staff

CoinHunter53562 Pillar of the Community United States 2049 Posts	Posted 09/23/2010 08:38 am Honestly I would check major online dealers like APMEX or Gainesville Coins to see what their markup/price is at the time. If selling on the board, you may have to take some dollars off that price to get someone to buy. The reason I say that is because you're newer here and basically an unknown seller compared to established places like those two. If you're going to sell locally like on Craigslist, you should be able to ask more than spot because you're not going to charge shipping and you're presumably not having to charge sales tax (which your local dealers may have to depending where you live). Hope this helps... Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 09/23/2010 09:05 am Assuming your 2001 $50 Eagle is a raw BU piece (not proof), there will be a minimal premium over melt. Figure $1350 or so. The '09 Indian Half Eagle is also a melt value coin if below Mint State condition. The numismatic premium on these pieces is roughly 15% so at $1300 gold, figure about $350 for it. Don't know about the little Panda. These have a small but fanatical following that may pay a large premium but since you're talking about $65 worth of gold, it's unlikely to bring much over $100. At $1300 gold spot it sounds like you've got about $1800 in coins. Good Luck! ANA #R3154474 Report this Post to the Staff
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