What is the best way to sell gold coins you've been collecting over the years? Is it best to sleeve each one individually and sell them on an individual basis until you have liquidated the parts of the collection you no longer want or need? Should you just sell coins in bulk to the first gold buyer who comes along? Should you sell some of your coins in bulk but sell gold coins individually as well?
What method is best when it comes to selling your coins? In the end, it comes down to a few factors, which you can explore in greater detail here.
How fast do you want to sell gold coins?
If your goal in putting your gold coins for sale is to have cash in your pocket as soon as possible, then your best bet is to try to sell as many of your gold coins in bulk as possible. This should be done after getting both an individual appraisal on your gold coins and an appraisal for the collection as a whole. If you have a few gold coins that are worth more than the rest, consider selling these individually unless removing them from the remaining collection devalues the whole collection greatly.
Find a gold buyer who is ready and able to give you a fair price for your gold coins. When you sell gold coins to a reputable buyer, you can use this buyer again to move your gold collection and make money at the same time.
How much do you want to get for your investment?
If your goal in selling your gold coins is to maximize your investment, then you want to take a bit of time and try to sell gold coins in individual sets, as individual collector pieces, or in smaller bulk amounts. This likely means you'll take longer to liquidate your gold collection, but the potential profits may be higher than if you were to sell gold coins in one large bulk set.
Again, choose the right gold buyer for this endeavor. If you want to sell individual gold coins, then you want to choose a gold buyer who specializes in gold coins; this type of buyer will either want your coins for their private collection or to sell to buyers they are aware of and can offer you the most competitive price for your gold coins overall. To learn more or start selling coins, visit a buyer near you.