Is it safe to buy gold coins on eBay?

Don’t buy raw coins unless you know what you’re doing Raw coins have no guarantee of authenticity and beyond the seller’s say-so, and the grading is left up to the buyer’s judgment.

Is eBay going to stop selling coins?

Auction site eBay has not eliminated coins and numismatic memorabilia from items that sellers can offer for sale over the online platform. Image courtesy of eBay. The official statement said, “eBay will continue to allow sales of coins, paper money and bullion now and in the future.”

Do gold coins retain value?

Sure, the price of the coin will go up and down with the value of gold, but you’d have to sell it to benefit from price increases. If the answer is coin collector, great — buy all the gold coins you can and lock them away for safekeeping.

Is eBay a good place to buy coins?

So I mainly collect modern commemorative coin, you can easily find the mintage, original price, and more importantly, some of them is very hard to fake or just cost too much to fake and does not worth it. Ebay is a good place to buy coins actually. Especially for modern commemorative coins.

Has eBay stopped selling fees 2021?

Starting April 1, 2021, we’ll take the next step along our journey to reducing upfront insertion fees by giving sellers even more zero insertion fee listings when eBay manages your payments. This will further reduce the upfront listing cost and help you bring all your inventory to eBay.

Are gold coins a good long term investment?

Although the price of gold can be volatile in the short term, it has always maintained its value over the long term. Through the years, it has served as a hedge against inflation and the erosion of major currencies, and thus is an investment well worth considering.

Where can I Sell my gold coins?

Gold coins can be sold virtually anywhere in the world. There are gold dealers in just about every major city on the planet. And in a crisis, gold will be in high demand. Other collectibles, like artwork, take longer to sell, have a smaller customer base, and will likely entail a big commission.

What is the best condition for a gold coin?

Bullion in mint condition will be in better shape than a circulated piece. As your hands contain oils that can rub down the details on a coin, the less it is handled, the better condition it will to be in. What type it is: Gold coins also come in a range of varieties.

How much money can you hold in gold coins?

You can hold $50,000 in gold coins in the palm of your hand. Gold coins take up such little space that you can store more value of them in a safe deposit box than stacks of dollar bills. • Private and confidential.

What are the rules for selling coins on eBay?

The grade and text related to the grade must be completely obscured and unreadable The starting, reserve, or Buy It Now price for the coin is less than $2,500 So, basically, if any of your coin listings even slightly violate the rules, eBay will kick it. Would you mind taking a screenshot of the email you received (with any sensitive info removed)?