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Don’t Buy Gold & Silver Coins & Bullion That May Be Difficult to Sell

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Don’t Buy Gold & Silver Coins & Bullion That May Be Difficult to Sell

While we regularly purchase gold coins and bullion greater than an ounce, there are some sizes that are in higher demand than others. In particular, the market isn’t as liquid for items greater than an ounce. Fractional gold coins and bullion are also popular and are highly marketable, but they trade at higher premiums. The sweet spot with respect to pricing and marketability is at the 1 oz size. 

As far as popularity goes, we buy and sell a substantial number of 1 oz gold bars from different manufacturers. Some of the most popular gold bullion producers are Pamp Suisse, Credit Suisse, Royal Canadian Mint, Perth Mint and Valcambi, but there are many other good options.gold and silver coins and bullion

The most popular coins are American gold eagles, American gold buffaloes, Canadian gold maple leaf coins, South African gold krugerrands, British gold britannias, Australian gold kangaroos as well as a number of pre-1933 U.S. Gold coins. A couple of other good options are Chinese gold pandas and Mexican gold libertads, which are also available in silver, but we don’t see these coins as often as the others.

With respect to silver, we regularly deal in 1 oz American silver eagles, Canadian silver maples, Austrian silver philharmonics, British silver britannias, Australian silver kangaroos and South African silver krugerrands, just to name a few. At least here in the U.S., the most popular 1 oz silver coins are American silver eagles, but they also sell at the highest premiums. Canadian silver maples are the second most popular 1 oz government-issued (sovereign) coin, followed closely by the other silver coin options that we mentioned.

The market for silver bullion is slightly different. 1 oz silver rounds and bars and 10 oz silver bars are the most widely traded silver bullion options. 5 oz silver bars aren’t as common in the industry as others but sell well when we have them in stock. Kilo silver bars and 100 oz silver bars are also good options and can be purchased at lower premiums than the smaller size bars and rounds but aren’t quite as liquid.

Not all silver bullion is created equal. Just like in other industries, there are name brand and generic options. The most popular name brand bars and rounds are from Engelhard, Johnson Matthey and Royal Canadian Mint. Bars from these producers/refiners trade at slightly higher prices than bullion from generic or standard producers.

Hope this gives you a good idea of the options and marketability of the items. Don’t hesitate to contact Atlanta Gold & Coin Buyers with any follow-up questions that you might have. If we’ve answered all your questions and you’re ready to move forward with a purchase, let us know, and we’ll be happy to schedule an appointment to meet with you at your convenience.

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Tony Davis
Tony Davis is the owner of Atlanta Gold & Coin Buyers, a full service Atlanta based coin and bullion dealer specializing in buying, selling and appraising coins and coin collections of all types and sizes. Tony frequently writes on various economic and numismatic related topics affecting the coin and bullion markets and has been published on some of the industry’s leading websites, including Coin Week, the American Numismatic Association, Coin Collector, Coinflation, and Coin Auctions Help, just to name a few. Visit Atlanta Gold & Coin’s website at atlantagoldandcoin.com to obtain additional information on the products, services and educational resources offered by his company. Tony can be reached at sales@atlantagoldandcoin.com or at 404-236-9744

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