Exchange your gold and silver coins for cash
Bullion coins, to be specific. You know, the ones made out of precious metals. They’re not really great as a means of payment, but they’re amazing as a long-term investment. Why exactly? The process of manufacturing, handling and distributing, as well as their small size and uniqueness (which is followed by a much bigger demand) make the bullion coins’ worth
higher than the metal prices. What is more, the precious metal content often exceeds the face value of a bullion coin. To put it simply – you can make more money out of your coins than you could from precious metal bars!
Do you have an old coin collection that’s of no use for you? Maybe you’ve inherited a heavy sack of clinging metal discs? Or perhaps you’ve been gathering coins all your life, but some hard times came and you are in need of some extra cash? Whatever the reason might be, Spot4Coins has got you covered! We are a gold coins exchange service where you can sell your old coins for cash!
We buy gold and silver coins
We buy gold and silver bullion coins. We offer cash. Our process is simple and quick. What are you waiting for?
Order your free envelope today! Send us your coins for grading and we will send you back a check.
Types of bullion coins
No two bullion coins are the same. Here at Spot4Coins we know it best. There are, however, several types of bullion coins you can differentiate from.
Uncirculated bullion coins
Despite the fact that uncirculated bullion coins have the face value and has been issued by a mint, they have never entered circulation. That means, they were never used as a means of payment and they’ve never travelled from wallet to wallet.
For an uncirculated coin to be considered truly uncirculated, it cannot have any signs of wear and needs to retain its natural sheen.
Proof coins are very rare as far as bullion coins go. They were historically made for archival purposes and for checking the dies (the tools for cutting out coin shapes). They are characterized by a beautiful smooth finish and an especially glossy sheen. Currently, they are often being issued by mints as collectibles for their high numismatic value.
Numismatics are a very varied group of coins. They can span everything from ancient Roman copper coins to Spanish ducats and many many more. Similarly varied are the prices of numismatics, which depend on the historical period they are from, the amount of the same coins found or the condition of a piece. Blemishes or odd printings can actually significantly increase the price of a numismatic coin! Most importantly, however, the coins in the past were often made with precious metals (or at least coated with them!), which adds up to their current monetary value.
Yet another rare type of bullion coin, the commemorative coins are minted to celebrate a specific anniversary such as an important battle or a birth date of an accomplished person. They are one-of-a-kind and highly sought after because of their limited number.
While not really numismatics, junk coins also come from the past (the more recent though!). Coins used to be made from precious metals, most importantly gold and silver. Such coins do not have the collectible value, but are frequently bought and sold by investors simply because of their precious metals content.
How to spot a fake bullion coin
As long as there were people making coins, there were others creating fakes. It’s a highly risky business that can either land you in jail or make you a fortune. Of course, we do not recommend selling or buying fake coins as they do not have any collectible value. A fake coin has value only as long as you believe that it’s genuine. Refer to this short guide to determine whether or not your coins are authentic.
Does it have bubbles on the surface?
Bubbles on the surface indicate that the coin is a counterfeit. Counterfeits are usually made from worthless metals. Have a look at the coin under a magnifying glass. If you see bubbles or pimples, then it’s a counterfeit.
Is there a seam going around the edge of the coin?
A seam around the edge means that the two halves were merged together. This is a characteristic feature of a replica. It’s really easy to make a mistake and purchase a replica thinking that it’s a genuine coin. They are, however, completely worthless, so you need to make sure you’re buying an authentic piece before purchase. Otherwise, you might be making a costly mistake!
Is it the same as other coins of the same type?
The best way to find out whether or not your coin is a fake is to compare it with other coins of the same type. It’s best to do this using a magnifying glass or a microscope. Make sure the coin is well lit – you need to pay attention to the tiniest of details!
What to focus on:
- Mintmarks and dates – a common practice with fake coins is to change the dates of pressing or the mintmarks
- Design details – fake coins would often have minor alteration to their design. They may be tough to spot, so keep your eye out!
- Finishing – fakes will have a different finish than an authentic coin.
- Weigh – different metals have different properties. The most obvious one is weight. Should a coin you’re examining weight less or more than what it should, you have grounds to think it’s a fake.
If you don’t have the means to examine your coins by yourself, or simply want to have it done by a trusted professional, do not hesitate to send them to us! Spot4Coins is a trusted and reliable gold coins dealer and are able to perfectly grade your coins!
Coin grade – a quick guide
A 70-point scale is used to grade coins. It determines the level of mintness of a coin. For your information, we will put the entire scale below.
- MS (60 – 70) – Mint state/uncirculated – Absolutely no signs of wear,
- AU (50 – 59) – About uncirculated – Very slight traces of wear. An untrained eye could easily mistake an AU coin for an uncirculated one,
- XF (40 – 49) – Extremely fine – Light wear can be visible in some spots,
- VF (20 – 39) – Very fine – All the details are visible, but the coin has a light to medium level of wear,
- F (11 – 19) – Fine – Details are visible, but not as strongly as in case of VF. The level of wear is medium,
- VG (8 – 10) – Very good – Most of the details are visible. The coin has a heavy wear,
- G (4 – 7) – Good – Details are not really visible. The coin has a heavy wear,
- AG (3) – About good – Details are barely visible and the coin is heavily worn, especially around the rim,
- FA (2) – Fair – The details are worn out to an extent that it’s hard to determine the type of coin. The rim is worn out and the letters are almost completely disintegrated.
- PR (1) – Poor – It is impossible to determine the type of coin. The details are not visible at all and the rim has no sharp edges.
Reputable bullion coins buyer
Spot4Coins is a trusted gold/silver dealer and bullion coin buyer. If you’re looking to get some good cash for gold coins, look no further! We are in the market for 10 years, during which we have build a reputation of one of the most reliable and trustworthy bullion coins buyer in the field.
How to sell your coins? It’s simple!
We will buy your gold and silver coins from all around the world. Fill out the form on the main page and we will send you a prepaid envelope. Place your coins in a clear, sealable pouch, put in in the envelope, fill out the form and send it back to us! We will provide you with a check 24 hours from the moment we receive your coins. Should you not agree with our proposition, let us know and we will send you your coins back. The details of the procedure are on our home page.
Here is the list of the coins we buy: