Whether you are looking to sell Turkish Republic gold coins or you want to sell $20 Liberty gold coins, failing to ask the right questions may expose you to scams and you risk losing your money. Some of the critical questions you should ask in a bid to protect yourself include:
What is the current price of gold, and how much do your coins weigh? Find out that day’s spot price for gold and use it in your calculations when the appraiser weighs your gold coins. If the price they quote is significantly different than the spot price, you should take your gold coins elsewhere.
How long have they been in business? If you are looking to sell your Double Eagle coin at a profit, you will want to avoid coin dealers in NYC who have only been in business for a short time, since the chances are high that they haven’t yet learned the ropes.