The coins we purchased are uncirculated, rated BRILLIANT, British gold soveriegns. The research we did told us that this type of coin would bring more at re-sale than used coins. Also, if you purchase bullion you would have to pay for the verification process when you sell it, which is more of an expense.

Guess the results remain to be seen. WHen gold goes to $5000 an ounce we will be extremely happy villagers, lol!
:clap2:

This is a very good place to find how much your gold and silver are worth: http://www.silverrecyclers.com/Calcu...alculator.aspx check the bottom of the page to see the scrap prices.

With coins being a hobby also precious metals, I would like to know if it would be possible to form a group. Selling and trading for spot price within the group would be more profitable. Taking your coins to a shop or buying them, to me is at a substantial loss on both ends. Also take note there are a lot of forgeries out there from China. I would think forming a group would be very beneficial. The chart I enclosed in my previous post is what I'd be more than willing to buy or sell for spot price. If I was to buy or sell on the outside I would lose at least 5% to 10% of spot.