How to Cash Gold Coins Easily

Determine the current spot price of gold. The spot price of gold is the current price, per oz., at which gold is trading on either the London or New York markets. It is easily found online, updated to the minute, at websites such as Kitco.

Identify the coin you are trying to sell. To get the most for your coin, you first must know what the coin is. First, identify the country, which will be labeled on the coin. There are guidebooks available for both world and United States coins, and they are illustrated, so matching up the photo to your coin will allow you to clearly identify what you have. These books are typically available at libraries and large book stores.

Find a reputable dealer. Armed with the current price of gold, and with the knowledge of what your coin is, find a reputable dealer by using a directory, such as the one put out by the American Numismatic Association, the nation's largest coin collector organization. Call and let them know what you have, and ask the dealer what her current buy price is. Check with several dealers to compare.

Sell your coins. Once you've checked several dealers, select the best price and make sure to receive immediate payment.