Gold Bullion
how much is a 1997 1oz gold bullion coin worth?
I have a con that i got from my grandpa and it is a 1oz 1997 american eagle gold bullion coin…does anyone know how much that would be worth?
One ounce of gold closed on Friday at $1,540. Local dealers will pay around 95% of that and sell for 5% more than that. APMEX, another major bullion dealer, will pay $1569 for any year and sell any year of their choice for $1,620. You can probably get more than $1,600 on eBay, but it will cost you $50 in eBay fees and 3% of the total price including shipping for Paypal fees (roughly another $50).
So selling the coin on eBay, you’d end up with less than selling to one of the major bullion buyers like APMEX or Kitco.
GoldNomics – Cash or Gold Bullion?
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