For those individuals that closely watch the precious metals market, you may be aware that we saw a substantial drop in the price of gold and silver within the past couple of weeks. Fortunately, that trend appears to have reversed, as the price of gold and silver has recently surged, potentially making it a good time to sell silver coins and gold coins.
Also, due to the relatively high demand of gold and silver bullion coins at this time, the premiums at which these coins are bought and sold are at their highest levels since 2008. This occurs when the demand for physical bullion outstrips the price of gold and silver in the futures market. While eventually this gap will close, savvy sellers of gold and silver are taking advantage of the opportunity and selling at much higher rates than they’re accustomed to.
Because Atlanta Gold & Coin Buyers is a leading coin and bullion dealer, we closely monitor activity and trends in the industry and adjust our coin buying rates accordingly. In recent weeks, we’ve substantially increased some of our rates. In fact, we’re currently offering a premium of 115% of the melt value of Morgan and Peace dollars. This is equivalent to our selling rates for these coins just six to nine months ago. We have also increased our 90% silver coin buying rates by a substantial amount, and are currently paying the highest rates ever for junk silver coins.
Atlanta Gold & Coin Buyers is an especially aggressive buyer of gold and silver coins, as we have extremely low levels of inventory in stock. At the moment, we’re completely out of stock of silver dimes, quarters and half dollars minted in 1964 and earlier and one ounce gold bullion coins, such as American gold eagles, American gold buffaloes, Canadian gold maple leafs, and South African gold krugerrands.
Remember, when the time coins to sell silver coins and gold bullion, no one pays more aggressive rates in metro Atlanta and beyond than Atlanta Gold & Coin Buyers. Give us a call today at 404-236-9744 or send us an e-mail at sales@atlantagoldandcoin.com to schedule an appointment to sell your gold and silver coins for more. We look forward to hearing from you and earning your business!
