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Practical How-To · Definition

How to Sell Gold Back to a Dealer?

What to expect when liquidating your precious metals holdings.

One of the key advantages of precious metals is their liquidity — they can be sold quickly to any reputable dealer.

The Process

1. **Contact your dealer** and describe what you want to sell 2. **Receive a quote** based on current spot price minus the buy-back spread 3. **Ship or bring in** your metals for verification 4. **Receive payment** typically within 1–3 business days via wire or check

What Affects Your Sell Price

  • Spot price: The primary driver of your sell-back value
  • Product type: Sovereign coins command higher buy-back prices than generic rounds
  • Condition: Damaged items may receive reduced prices
  • Quantity: Larger quantities may receive better pricing

Tips for Sellers

  • Get quotes from multiple dealers
  • Keep original packaging, tubes, and assay cards— they affect resale value
  • Do not clean coins or bars
  • Understand that dealers buy below spot (the bid-ask spread is their margin)
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Intervault Trading
Private Metals Specialists · Since 1983