For more information on Selling Gold simply call one of our experienced consultants today.
Why Use Us?
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As with any physical gold investment, you only realise your profit when you manage to sell your gold.We always recommend that physical gold be seen as a medium to long term investment to maximise potential gains. Just like the stock market, prices can go down as well as up so short term speculation is not recommended. Gold should be viewed as a hedge against the potential negative market events which in its very nature is a long term strategy as we never know when the next market event will occur.
Certainly, when you buy gold you should already be considering how you will eventually sell it to maximise profits. Just like when you buy a house, the easier that asset is to sell, the better price you'll get for it. The ease in which you can sell your gold will depend on a number of variables including;
If you bought your gold from us, then you benefit from our BUYBACK GUARANTEE, meaning you can always depend on us buying back your gold at market rate.
Types of gold
At Physical Gold Ltd we only buy and sell investment grade gold. We will NOT buy or sell gold jewellery, gold dust or gold nuggets. Our aim is to enable you to receive the best profits possible on your investment which is why we only sell well recognised, liquid coins and bars. Similarly, we are always happy to buy back the coins featured within our bullion coins page at market rate. We will generally pay a premium for proof gold coins.
Variety of gold coin or bar
The price you receive for your gold will depend on the manufacturer of your bar and the type of gold coin. Obscure bars will not sell as easily which will affect the price and less well known coins will also have less buyers. Seeking dealer guidance when buying your gold will prevent being stuck with difficlut to sell bars or coins.
Size of coin or bar
The most commonly traded sizes of gold bar are 1oz, 50g, 100g and 1KG. Larger and smaller sizes are less well traded. The same goes for coins. 1oz coins and Full Sovereigns are very liquid but fractional sizes are less common.
Condition of gold
It goes without saying that if you keep your gold in good condition it will fetch a better price. A general rule of thumb is to stick with 22 carat coins which are far more resilient than their 24 carat cousins to scratches and wear. A dealer's price will always be affected by the condition of the gold as they will look to sell that coin or bar on. Bars should be treated with care.
You may see a slight variance in the prices a dealer will pay for your gold depending on the gold price and general market conditions. Generally if a dealer feels the price of gold is set to rise they are likely to bid more aggressively for your gold!
Quantity of bars or coins
Its always worth mentioning how many gold coins or bars you're looking to sell. You may get a better price selling in quantity.
4 Steps to selling your gold with us
1. Call our team of gold experts on 0845 643 4773 or complete the Got A Question form below to register your interest in selling gold.
2. A member of our gold specialists will discuss the type, condition and quantity of gold you wish to sell and provide a price. We do not charge commission on buying gold and pay market rate for the major bullion coins and bars.
3. If the price is agreed, you will send your gold to us with Royal Mail Special delivery (insured up to £2,500 each package) or we can send one of our couriers to pick the gold up from you for larger quantities if required.
4. Once our numismatic experts have verified and checked the gold meets your description, we will transfer the funds directly into your account! Read More »
One of the main reasons for investing in gold is the desire to sell it at a later date. Selling gold can be a simple process depending on the quality of your gold and the market. It is important to take these points into consideration when it comes time for selling gold.
It is important that you buy investment grade gold from a reputable dealer and by a well known manufacturer to increase the ability of selling your gold and for a good price. If you are yet to invest in gold, it is worth noting that Physical Gold offer a buyback guarantee, which means if you buy from us, you'll be able to sell back to us at anytime at the gold market rate.
Sell My Gold
You may wonder 'when is the best time to sell my gold' and this will depend on various factors. Timing is everything in gold investment and choosing the right time to sell can make all the different. If the gold price is set to rise, it could make all the difference in what a dealer offers you for your gold.
Sell Gold Online
If gold is doing a particularly well, you'll receive a good price for your gold and could make a tidy profit from the price you brought it at. Gold prices have quintupled in the last 10 years. You don't have to go out of your way to sell your gold either, as you can sell gold online to Physical Gold. Once sale and price is agreed, you can decide to send it Royal Mail Special Delivery insured up to £2,500 or for larger quantities via a courier to your house.Read Less «
Want to know more?
CALL OUR GOLD SPECIALISTS on 0845 643 4773 or complete the Got A Question form below.