How to Sell Gold Bullion: Getting the Best Price When You Sell
5 min read • GoldBuller Research
Selling precious metals is straightforward — but getting the best price requires understanding your options. Most sellers leave 5–15% on the table by defaulting to the first offer.
Option 1: Sell Back to a Dealer (Quickest)
Most bullion dealers buy back at or slightly below spot. American Eagles and Maple Leafs get closer-to-spot buybacks than obscure foreign coins.
Option 2: Peer-to-Peer Sale (Best Price)
Selling directly to another buyer typically gets 1–3% above dealer buyback. Legitimate venues: r/Pmsforsale (Reddit), eBay (fees apply), local coin shows.
Mistakes to Avoid
- Pawn shops: Typically pay 50–70% of melt value. Avoid.
- Cash-for-gold stores: Structured to pay as little as possible.
- Not knowing current spot: Check live spot before any negotiation — view prices at our live charts.