U.S. Mint Sells Out Of Gold Coins Making Coin Dealers Your Best Option For Buying & Selling Gold Coins
[Posted December 15th, 2009]Gold coins are so popular that even the U.S. Mint has been having trouble keeping enough gold coins in stock for customers.
Currently, the U.S. Mint is sold out of Buffalo gold coins, and the popular 1/10th-ounce American Eagle gold coin was sold out in less than 1 day of sale!
What does all this mean for you, the coin collector who may want gold coins? Seek gold coins from coin dealers.
When buying gold coins from coin dealers, be sure that you realize the price of gold coins fluctuates daily, thanks to the gold bullion market. The gold bullion market sees price increases and price drops not only daily, but also hourly.
Make sure you know what the approximate price of gold is on the day you go to buy (or sell) gold coins. That way, you will know what to expect in terms of prices. But, of course, do realize that coin dealers need to make a profit on the coins they sell. Therefore:
- Prices will not be exactly what the gold value is on that day.
- Most coins do carry collector (numismatic value), making gold coins worth more than the value of the gold inside them.

















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