If you are short on cash, you might be eyeballing your gold coin collection and wondering if there is a way that you can turn it into some cold, hard cash. Luckily, you do have a few options for getting cash money for your gold coin collection. If you'd like to do so, try one of these three options.
1. Sell to Another Coin Collector
First of all, you should consider selling your collection to another coin collector. Depending on how rare and coveted your coins are, this can be the best way to get the most cash for your collection. For example, if you are a part of a coin collector's club, you might be able to ask someone from your club about buying your collection. Alternatively, you may be able to find coin collectors who are interested by posting an ad online or in your local newspaper's classified listings. You may have to be a bit patient to make a sale this way, but it can be a good way to both get more money and ensure that your collection will be as appreciated as possible.
2. Sell to a Gold Buyer
Another option is to sell your gold coins to a gold buyer. You may be able to find a gold buyer in your local area, such as at a local jewelry store or at a pawn shop. There are also gold buyers who advertise online and who allow you to send your gold items in to them and then receive a check in the mail. In this situation, your coins will generally be sold based off of weight, so the heavier your coins are or the bigger your collection is, the more money you can get.
3. Take Out a Pawn Shop Loan
If you love your collection and don't want to see it go but really need the money, one good option is to take out a pawn shop loan. Many pawn shops will grant loans based off of the value of the collateral that you bring, such as your gold coin collection. Then, as long as you pay the loan back according to the terms that you agree to, you will not have to worry about losing your coin collection permanently.
As you can see, there are a few ways that you can get cash for your gold coins. Try one of these three options so that you can get your hands on some cash today. Contact a coin buyer at a company like Desert Jewelry Mart & Coins for more information.
Share26 September 2016
A few days ago, my mother-in-law’s dad passed away. This sweet man lived a long, full life. He was ninety-one-years-old when he died. At his funeral, my mother-in-law told me she liked the ruby, cross pendant I was wearing. Because I wanted to cheer this sweet woman up, I immediately came up with a plan. I decided to buy her a pendant like mine. Because this pendant was also available in sapphire, I decided to purchase this stone for my mother-in-law. Sapphire is her birthstone. On this blog, I hope you will discover the best types of jewelry items to buy for a mother-in-law. Enjoy!