Yes, it's possible to sell gold coins online.
There are many websites that offer sellers a chance to sell gold coins. You can choose to fix a price or auction products through different platforms.
While there's always the option to sell gold physically, online options offer more ease.
Here are a few things to keep in mind when selling gold online:
Choose the Right Platform
This depends on several factors including where you've bought coins. If you've purchased all your coins from a single dealer then we suggest that you turn to the same seller when you want to sell your gold coins.
This will save you a lot of time and effort as the dealer will typically have a record of the coins that you've purchased. You will not have to work hard to know the true value of your coins. Plus, since you're more likely to get a good price if you already have a relationship with the agent.
In addition to this, you can sell to a dealer online or choose an auction platform like eBay. Make sure to read the terms and conditions and additional charges (if any).
Find the Price
Get the coin appraised as the true value might have changed since you purchased it. Gold prices are volatile and coins are known to gain value.
Some platforms require sellers to physically mail the coin. The team will inspect the coin and quote a price. In some cases, dealers may offer a price based on information without requesting for an inspection. You might, however, have to send photos and documents.
Have the Required Documents
Dealers need to be sure you're selling authentic documents, hence make sure to have your authenticity certificate and box handy. You might not be able to get a good price if you do not have the required documents.
All these options work. Make sure to pick one that suits you the best.