scrap gold

I would just hold the scrap unless you really want the coin. Scrap will get you spot or less and then the premium on the coin will cost you some too. Unless the scrap is a bunch of ugly broken chains or something I'd just keep it. That is my opinion though YMMV.
 
Depends where you are - because of GST issues, you can still sell scrap gold in Australia for 106%, even 107% of spot to those dealers still offering such prices. Meanwhile an ounce of gold is available for little over 4% over spot - so in theory an ounce of actual gold weight scrap could get you a new 1oz gold Kangaroo, and $20-30 in cash left over.
 
You must log in or register to reply here.
Back
Top