Sell 1 oz Gold Eagle Coins | Sell Gold Coins | KITCO (2024)

FAQs

How much can I sell my 1 oz gold coin for? ›

What is the current value of a one ounce Gold American Eagle coin? The current ask purchase price for a one ounce American Gold Eagle is: 2449.90 and the current Monex bid selling price for one ounce Gold Eagle coin is: 2365.70.

Opting to sell your American Eagle gold coins to a reputable dealer like APMEX can streamline the selling process and offer a sense of security. This method simplifies the transaction by allowing you to receive an expert quote online and providing straightforward shipping options.

Get Multiple Quotes

Contact several reputable buyers and provide them with accurate information about your gold, including its weight and purity. Request quotes from each buyer and compare their offers. Be cautious of buyers who make significantly higher or lower offers than the average market price.

Call us at 1 877 775-4826 (US and Canada) or use our international number, 1 514 313-9999. Our Customer Service Representatives will be very happy to help you to complete your transaction. Kitco lets you track the Gold American Eagle Coin price easily, as well as other precious metals on our world leading website.

That being said, in the United States, most banks will not buy precious metals, including gold. You may have some luck at commercial banks, but any savings or cooperatives will be unlikely to offer this type of service to investors. Some Central Banks will allow customers to sell gold bars or coins, but not all.

A gold coin that was minted in 1933 called the Double Eagle was auctioned in 2021 for $18.9 million. Its value is centered in history.

Weight and diameter differs between the one, half, quarter, and tenth ounce sizes. The one ounce coin, $50 face value, is 1.287 inches (32.70 mm) in diameter, contains one gold troy ounce and weighs 1.0909 troy ounces (33.931 g).

“Due to their secure nature, high quality, and American orientation.” “22-karat gold, with small amounts of alloy, making the coin harder and more resistant to scratching and marring, retaining a high resale value.” "By law, the American Gold Eagle coins can only be made with gold mined within the United States.”

If you're talking gold coins, all the better. Gold coins generally are much easier to recognize (and much harder to counterfeit) than gold bullion bars. Lots of places will buy them. I've said it before and I'll say it again: No one doesn't want a gold coin.

Are American Eagle gold coins 100% gold? ›

Each of the four sizes contains 91.67% gold (22 karat), 3% silver, and 5.33% copper. The 22k gold alloyed makeup of Gold Eagle coins stands in contrast to the 24k Gold Buffalo Coin, which is minted entirely from .

Banks are increasingly carrying American Silver Eagles as the coins provide a way to diversify their portfolios and offer an attractive asset that appeals to investors and collectors.

Current gold prices

Indeed, gold prices have been creeping up and are now nearly 20% higher than a year ago — and nearly 50% higher than they were 10 years ago. (Stock investments are up more than twice as much over the same period, just FYI.) All that makes this a good window of opportunity to sell your gold.

If you take care of your gold coins, and properly store them, you have a good chance of maintaining their face value. If you need to liquidate your gold for cash you have a variety of options, including selling them to a dealer, selling them at an auction, or posting them online.

The IRS considers any profits a customer gains through the sale of their precious metal assets as taxable and is subject to "capital gains" taxes.

Selling quicker or to a dealer will likely be a trade off on value for an easier sale. Ultimately, a gold coin is worth whatever someone is willing to pay for it, but for a bullion coin an investor will be looking for a quick easy sale with the value based on fairly set factors.

What is the right amount to receive for your gold? If you're selling Gold Jewelry, a reasonable settlement would be 70% to 80% of the market value. If you're selling Gold Coins a reasonable settlement would be 90% of the market value.