Are you looking for a way to stay socially distant during COVID-19 while earning extra income right from home? One investment opportunity that is growing in popularity throughout the U.S. is buying and selling gold coins. Many of the most popular gold coins in the world are minted here in the U.S.
The dramatic rise in the buying and selling of gold coins in the U.S. during the pandemic even caught the U.S. Mint by surprise. In 2020, the sale of gold bullion coins rose more than 250% in the U.S. The sharp increase in the sale of gold coins has continued into 2021. In January, approximately 220,500 American Eagle gold bullion coins were sold, up 290% from the previous year, according the U.S. mint. The American Eagle is one of the most well-known gold coins in the world, popular with collectors, sellers and investors.
If you have gold coins at home, now may be a great time to recoup some additional income by selling them online. That's because gold prices this year have hit new highs. Right now, gold is selling for nearly $1,800 an ounce. That’s up from $1,650 an ounce from this time last year. But, the price of gold has been falling since the start of 2021, so if you have gold items to sell, including gold coins, now is the time to get the best price for that investment.
If you have cold coins to sell, now is the time to get the best price of the year. If you're looking for the safest, easiest, and fastest way to sell your gold coins, a reputable online retailer may be your best bet. That’s because online gold dealers will offer you a transparent price for your gold coins, provide insured shipping to their facility and pay you cash straight to your banking or other online account within just a few days.
Why should you send your gold coins to a reputable online buyer? One important reason is to ensure you receive a professional assessment from a trained expert. The more popular the coin, the more likely it is that there are counterfeits and replicas of it available. Grading and authenticating coins should be done for all high value and rare coins. Protect your investment by selling your gold coins online and you can rest assured that you’ll get top dollar for your gold coins, no matter what kind you have to sell. Consider these important steps in the selling process: