Have you considered gold coins as an alternative payment option when selling your scrap? Coins serve as a practical way to stay invested in gold and are ideal as wedding and graduation gifts.
Several countries, including the U.S., Canada, China and South Africa, mint coins whose value is based on their fine gold content as opposed to collectors’ coins whose value is based on their age and condition.
These coins are minted in four sizes: one ounce, half ounce, quarter ounce and one-tenth ounce. Their value fluctuates with the daily price of fine gold. They are also deemed to have a premium or “added value” which ranges from four percent for a one ounce coin up to ten percent for a one-tenth ounce coin. This premium is part of the coin’s wholesale cost. We charge no additional commission or service fee.
We offer the following gold coins as alternative payment options:
- United States: American Eagle
- Canada: Canadian Maple Leaf
- China: Panda
- South Africa: Kruggerand
If you choose the coin payment option, we simply convert the dollar value owed from check into your choice of coin. Shipping is always insured using either the post office’s Express or Registered Mail service.
