How to Sell Gold Coins in Los Angeles

Those living in Los Angeles may be interested to learn that they can sell their gold coins to make some extra money. With rising gas prices and the high prices found in grocery stores, everyone is looking for ways to bring in a little extra cash. Gold coins are worth quite a lot. Here is how you can sell gold coins in Los Angeles to maximize your profit.

Difficulty: Moderately Easy

Instructions

1. Place all your coins in one location, and give them a good dusting to make sure they’re in good condition. Gold coins are quite rare and valuable, but most shops and sellers will give you a better price if they’re in good condition.

2. Have your coins appraised by a professional appraiser or an auction house before selling, especially if they’re older or very rare. This way you’ll ensure yourself that you get the right price for your coins. You don’t want to end up selling them for a small price.

3. Take your rare or valuable coins to a Los Angeles area store that specializes in such products. They will typically give you a better price for those coins than other shops that may want the coins only for their weight.

4. Visit pawnshops in the Los Angeles area if your gold coins are newer, were minted in the last decade, or if they’re worth more for their weight than their rarity. Pawnshops will typically offer you a price based on the weight of the coins.

5. Sell those gold coins on eBay. As long as you have good high quality images of your coins taken with a digital camera, you can upload those pictures onto the website and into your auction listing. Make sure you list as much information related to the coins including the date they were minted.

Tips & Warnings

• All of the shops and sellers discussed here can be found by consulting the telephone book. You may want to meet with several different people before agreeing to sell any of your coins just to make sure you get the best price.
• Beware of using any polisher or cleaner on your coins since some may have a stripping agent in them or the cleaner may remove the date or other identifying marks.