Selling Gold Bullion
When it comes to selling your gold bullion, ingots, bars or coins, the absolutely best rates and quickest turnaround time can be found at Gold Smart. If you’d like to see what kinds of gold bullion we purchase, take a look below. If you have something that isn’t listed, simply drop us a note or send us an email and we’ll get back to you ASAP to discuss it.
Canadian Maple Gold Bullion Coins
The Canadian Gold Maple Leaf is the official gold bullion coin of Canada and is produced by the Royal Canadian Mint. The coin was first introduced in 1979. At that time, the only available bullion coin was the Krugerrand, which was not widely available because of an economic boycott of apartheid-era South Africa. Coins minted between 1979 and 1981 have gold content of .999.
The coin is sold in 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz denominations and contains .9999 fine gold (24-carat). The coins have legal tender status in Canada for the face values of the coin ($50) which is subject to the Canadian Currency Act in association with the Royal Canadian Mint Act.
South African Krugerrand Gold Bullion Coins
First minted in 1967, the Krugerrand is a gold coin from South Africa that was minted specifically to help sell South African gold. It proved quite popular however and, by 1980, accounted for 90% of the gold coins on the gold coin market. Minted by the South African Mint, Krugerrands are 22 karats of gold and are 91.67% pure. As far as their size, they are 32.6 mm in diameter and 2.74 mm thick.
In truth the weight of a 1 ounce Krugerrand coin is 1.0909 Troy ounces or 33.93 g. Copper, long used for English gold sovereign coins and referred to as “crown gold”, makes up the remaining 8.33% of the Krugerrand’s weight. It’s for this reason that they have more of an orange appearance that coins that have been alloyed with silver.
You will find Krugerrands in one ounce, 1/2 ounce, 1/4 ounce and 1/10ounce coins but in truth the more desirable coins are the limited edition proof Krugerrands.
New Zealand Mint Gold Kiwi Bullion Coins
A gold bullion coin minted by the New Zealand Mint is the New Zealand Gold Kiwi. With an unlimited mintage, the Kiwi coin shows a map of New Zealand on its face as well as the four stars of the Southern Cross, along with its position in the night sky. There is also a word printed on the face that is the traditional Maori name for New Zealand, “Aotearoa”, which means “land of the long white cloud”.
Perth Mint Gold Kangaroo and Nugget Bullion Coins
Two gold bullion coins that are minted by the Perth Mint are the Australian Gold Nugget and the Australian Gold Kangaroo. Both of these coins have legal tender status in Australia. They also both change their design every year, one of the few legal tender gold bullion coins in the country to do so.
Another type of gold bullion coin minted by the Perth Mint is the Lunar Gold Bullion Coin. Some people mistake this coin for the Australian Gold Nugget but the Lunar uses depictions of several different animals from the Chinese calendar on their coin instead of the kangaroo.
American Gold Eagle Bullion Coins
In the United States the American Gold Eagle was authorized under the Gold Bullion Coin Act of 1985 and is an official gold bullion coin. First released by the US mint in 1986, is sold and 1/10 ounce coins, ¼ ounce coins, ½ ounce coins and 1 ounce denominations. All of these coins are guaranteed to contain the stated amount of actual gold weight in Troy ounces by the United States government, as well as having only gold that comes from sources in the United States by law. They are also produced with an additional alloy of silver and copper so that they are more wear resistant. The American Gold Eagle is .9167 Troy ounces or 22 carats, the English standard for gold coins. (Before 1834 it was the American gold coin standard as well.)
Mexican Peso Gold Bullion Coins
First minted in 1921, the Centenario gold bullion coin was created to commemorate Mexico’s 100th anniversary of their independence from Spain and, although it’s not used in the country as actual currency, it has a face value for legal purposes of 50 pesos. The actual value of the gold contained in the coin is not reflected in this price however.
Both sides of the Centenario coin are quite interesting. The coat of arms of Mexico, depicting a beautiful golden eagle with a serpent clutched in its beak while it perches on a cactus is on the reverse side. El Ángel de la Independencia, Spanish for The Angel of Independence, is on the obverse side. Also known as Winged Victory, the angel holds broken chains in her left hand and a laurel wreath in her right.
Behind the Angel of Independence rise two of Mexico’s most famous volcanoes, Popocatepetl and Iztaccíhuatl. On the lower left-hand side of the coin is the date 1821, which commemorates the year that Mexico gained her independence from Spain. On the right-hand side is the year that the coin was minted, from 1921 to 1931. Interestingly however, although the last year the original series was minted was 1931 (and is the most valuable) production restarted in 1943 due to increased demand and, from 1949 to 1972, most of the coins that were minted were marked with the year 1947.
Another point of interest is that the Centenario design was actually used in a later series of gold and silver bullion coins, the Libertad Series. It contains 1.20565 troy ounces of gold or 37.59 g in an alloy that is 90% gold as well as 10% copper. The coin is also 37 mm in diameter.
Austrian Philharmonic Gold Bullion Coins
If you’re looking for a coin that is issued every year, and has four different face values, sizes and weights, the Vienna Philharmonic coin is the one you’re looking for as it’s struck in pure gold, is 24 carats and is 999.9 fine. The Vienna Philharmonic is used mostly as an investment product and, according to the World Gold Council, in 1992, 1995 and 1996 it was the most common selling gold coin in the entire world. It’s sold in 1/10 ounce, ¼ ounce, ½ ounce and 1 ounce sizes and is made by PAMP Suisse.
The face or “obverse” side of the coin shows the great organ from the Golden Hall in Vienna’s Musikverein, which is where the Vienna Philharmonic Orchestra plays. On the reverse side of the coin you’ll find a number of different musical instruments representing the instruments that the Vienna Philharmonic Orchestra actually uses, as well as the text Wiener Philharmoniker which means Vienna Philharmonic.
American Gold Buffalo Bullion Coins
The American Buffalo, also known as a gold buffalo, is a 24-karat gold bullion coin first offered for sale by the United States Mint on June 22, 2006. The coin follows the design of the Indian Head nickel and has gained its nickname from the American Bison on the reverse side of the design. This was the first time the United States Government has minted pure (.9999) 24-karat gold coins for the public. The coin has a legal tender (face) value of US$50 and minted in 1/10oz, 1/4oz, 1/2oz and 1oz of gold respectively.
Chinese Gold Panda
In the People’s Republic of China there is a series of gold bullion coins called the Chinese Gold Panda. These were introduced by the People’s Republic of China and their official mint in 1982. Except the one year when it didn’t change, the design on the Chinese Gold Panda coin changes every year. It has a wide range of sizes as well as denominations, from 1/20 Troy ounce to I Troy ounce and larger. The same design that the Gold Panda coin uses can also be found on a series of Silver Panda coins.
New Zealand Mint Pacific Sovereign Gold Bullion Coins
The Fijian gold Pacific Sovereign is a gold bullion coin minted by the New Zealand Mint. The coins are minted in a denomination of 1 oz, of .9999 purity. These pure gold coins have an unlimited mintage. The Pacific Sovereign is legal tender of Fiji with a nominal value of Fiji $100.
Gold Cast Bars
Gold cast bars, which are also referred to as gold ingots, are usually hand poured and stamped with their particular hallmark from the manufacturer that pours them. Gold Smart buys most gold cast bars from various manufacturers and also of different weights and purity.
Many of the gold ingots that we purchase are minted in Credit Suisse in Switzerland, but we also have purchased them from Heraeus in Germany, Tanaka in Japan, AGR Matthey and the Perth Mint in Australia, PAMP in Switzerland and from Emirates Gold in the United Arab Emirates. While the actual bullion varies from mint to mint, generally we look for fine gold that is between 22ct/91.6% to 24ct/99.99% in purity.
Gold trading bars can come in standard weights of Grams, Troy ounces (1 Troy Oz = 31.10gms), Tolas (1 Tola = 11.66 grams), Taels (1 Tael can be between 31.25-37.79gms depending on the country of origin), and Bahts (1 bahts = 15.24gms). Larger bars can weigh anywhere from 1oz, 100 grams, 5oz, 250 grams, 10oz, 500 grams, and 1 Kilogram.
If you’d like to sell your gold bars for cash to pay bills, pay down some debts or even open a new business, give Gold Smart a call today. We promise to give you the very best price possible, and of course excellent customer service.
Gold Minted Bars
Most gold minted bars come from manufacturers like PAMP or Credit Suisse in Switzerland and, in more recent times, the Perth Mint in Australia. They come in a relatively small variety of sizes from 5 g to 10 g, 20 g, 50 g, 100 g and then 10 ounces. Ideally they are sealed in airtight packaging and have individual serial numbers or “credit cards” on them, but they can also be found unpackaged.