cashing in a gold coin?

151 views
5 replies
3 following
K
cashing in a gold coin?
fatboysS1O avatar
fatboysS1O
+1y
ive got this gold coin that ive looked up online and it seems to be worth $680, anybody know where i could take this to cash it in. ive been calling the bank to see what they tell me but all im getting is 15 minutes of recording saying "if you would like to blah,blah,blah press 1".
scotto79 avatar
scotto79
+1y
check around for coin dealers in your area, they won't pay quite as much as its full value, but its a start. That or watch for private collectors at any coin shows that are advertised in your area.
fatboysS1O avatar
fatboysS1O
+1y
yeah i went to a coin dealer, they gave me $630 for it. it was a South African Krugerrand 1 oz of gold!
bodydropped85 avatar
bodydropped85
+1y
NICE!
scotto79 avatar
scotto79
+1y
thats not too bad, they usually pay way under value.
fatboysS1O avatar
fatboysS1O
+1y
i looked it up online and i think it said it was worth $670 and i got $630 so im not complaining.