Gold is a great investment that has a history of success spanning thousands of years. Precious metals is a great way to protect your wealth, and gold is the premier precious metal. If you are planning on selling old gold coins, here are some tips to remember.
Firstly, only trade your coins with a reputable dealer. There may be many brokers in your city that are willing to buy your coins, but do not get ripped off. Make sure that the broker is properly licensed and does not have any complaints against them lodged at the business bureau.
Secondly, ensure that you know what your coins are worth. Check the current price of gold so that you can properly barter them for a fair price. Finally, remember to keep your receipts after the sale as you may have to pay tax on your transaction.