Selling some or all of your precious metal holdings can seem a daunting endeavor at first. Gainesville Coins makes the process simple and straightforward. Additionally, since Gainesville Coins is one of the largest global dealers of precious metals, we're able to offer among the best prices for gold, silver and other precious metal bullion. The process for selling gold and silver to Gainesville Coins involves two steps: sending your precious metal to Gainesville Coins, and locking in the sale price.
Sending your precious metal to Gainesville Coins
Contact a Gainesville Coins trader for their premium to be offered on the items you wish to sell. You'll be given a confirmation code that represents the price in relation to spot Gainesville Coins will buy your gold and silver. Download and fill out the packing slip found in the Sell Your Coin tab on our website. Include the confirmation code on the packing slip. Securely package and mail your precious metal to Gainesville Coins. When your package arrives, Gainesville Coins will inventory the contents of your package. This process could take until the next business day to complete depending on the time the package arrives and the volume of packages to be inventoried.
Locking in the sale price
Once your package has been inventoried, a Gainesville Coins trader will contact you to lock in the final sale price. The confirmation code will determine the premium, if any, to be applied to the final sale price. You have two business days to lock in a price. After two business days, you would be required to have your item shipped back to you at your expense or have them put into Gainesville Coins storage. Once the sale price has been agreed to, Gainesville Coins will immediately send you an email with the final sale price and method of payment. You can choose to have a business check mailed to you or have the funds left on account for a future purchase. Gainesville Coins can bank wire the funds or send the check overnight, but these will require an additional fee. Once you have confirmed the email, your payment will be sent or applied to your account. Finally, investors who choose to store their metals in Gainesville Coins storage can call our trading floor during normal business hours to sell all or part of their gold and silver holdings. A trader will confirm the items into storage and provide the current premium, if any, in relation to spot which Gainesville Coins will purchase a particular coin or bar. Once a sales price has been agreed to, Gainesville Coins will immediately send you an email with the final sale price and method of payment. Once you have confirmed the email, your payment will be sent or applied to your account.