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If you are selling gold coins, you have a number of options. ... As CBS News noted, if you were to buy a 1-ounce gold bar, you’d likely pay a bigger per-ounce markup than if you bought 10 ounces.
If you do opt to buy gold, Graff recommends gold ETFs over physical gold, like coins or bars. "Physical gold winds up being expensive to transact and store," Graff says. "This is especially true ...
You can buy physical gold bars and coins, buy gold stocks and ETFs, or open a gold IRA (just make sure you compare gold IRA companies first). If you're not sure of the best route to take, talk to ...
Cash for gold – With the rise in the value of gold due to the financial crisis of 2007–2010, there has been a surge in companies that will buy personal gold in exchange for cash, or sell investments in gold bullion and coins. Several of these have prolific marketing plans and high-value spokesmen, such as prior vice presidents.
If a 1-ounce gold bar is too pricey at about $2,000, you can buy gold coins or gold jewelry. Just be sure that you know the actual gold content of what you are buying, and buy from a reputable dealer.
The 22 kt gold alloy is an English standard traditionally referred to as "crown gold". Crown gold alloys had not been used in U.S. coins since 1834, with the gold content having dropped since 1837 to a standard of 0.900 fine for U.S. gold coins. For American Gold Eagles the gold fraction was increased again to .9167 or (22 karat).
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