Where to sell Krugerrands?

[dmtrader]

I bought two Krugerrands 16 years ago when they were worth about $300 each. I've kept them all these years, waiting for the gold market to blow up. Well, here we are, gold is selling for about $1000 an ounce.

How do I sell them without paying a big commission or mark-down (like those sleazy "We Buy Gold" places charge you)?

I wonder if I can put them up as credit for gambling (I looked on gold-pay -- I don't think so)?

[TJMAXX]

1- Craigslist
2- Vegas pro's
3- Ebay (fees really aren't that bad)

[QB_Disruptor]

How can you sell them without paying commission? Simple answer is you can't, unless you want to risk doing a CL ad. Sell them to whoever you bought them from. Put them on Ebay. Take to a pawn shop. All those will be better than the gold buyers who advertise on tv.

If you want to lock in a profit, buy some GLD puts.

[fsugolf]

wtf is a krugerrand?

[KingJIM]

[KingJIM]

The Krugerrand is a South African gold coin, first minted in 1967 to help market South African gold. It is produced by the South African Mint Company.

Think they were in one of the Lethal Weapon movies.

[fsugolf]

fk a krugerrand

[dmtrader]

I also have some gold Maple Leafs