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Gold krugerrand, what to do with?

  • 15-03-2010 11:25am
    #1
    rubdub
    Registered Users, Registered Users 2 Posts: 76 ✭✭


    Hi guys,

    I have a 1oz South African Gold Krugerrand, It was given to me as a present on my birth from a client of my dad.

    I am looking for some advice on where would be the best place to go in order to sell this, coin dealers, auction etc..

    I enquired in a couple of jewellery shops in town, two didn't even know what a krugerrand was, and one other told me that with the price of gold nowadays, that it would be worth more as scrap than as a coin, & offered me €400 for it.

    I would ideally like to sell it as the coin, hope someone can advise me.

    Thanks.

    p.s, sorry if these questions are stupid I have little knowledge of coins/antiques etc..


Comments

  • #2
    Degsy
    Banned (with Prison Access) Posts: 16,397 ✭✭✭✭Degsy


    rubdub wrote: »
    Hi guys,

    I have a 1oz South African Gold Krugerrand, It was given to me as a present on my birth from a client of my dad.

    I am looking for some advice on where would be the best place to go in order to sell this, coin dealers, auction etc..

    I enquired in a couple of jewellery shops in town, two didn't even know what a krugerrand was, and one other told me that with the price of gold nowadays, that it would be worth more as scrap than as a coin, & offered me €400 for it.

    I would ideally like to sell it as the coin, hope someone can advise me.

    Thanks.

    p.s, sorry if these questions are stupid I have little knowledge of coins/antiques etc..


    Good thing you didnt sell it to the jewellers

    http://goldkrugerrandferret.com/gold-krugerrand-price/


  • #3
    rubdub
    Registered Users, Registered Users 2 Posts: 76 ✭✭rubdub


    Degsy wrote: »
    Good thing you didnt sell it to the jewellers

    http://goldkrugerrandferret.com/gold-krugerrand-price/

    Woah! Thanks for that man, I presumed that the dealers would buy it from me at a price that they could make a profit from, but that's ridiculous!

    I was thinking about ebay alright but after recently being stung when selling a camera I am bit dubious... thanks very much though.


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