We recommend asking Abe Mor for a quote as they have consistently offered the highest percentage to our readers. When selling gold you receive a percentage of the price. This is the current wholesale price of gold.

As such, they’re usually treated as an investment or store of value, rather than as a consumer gold item. To be more precise, gold coins are a type of gold bullion (gold coins are often referred to as bullion coins). Gold coins, on the other hand, are more of a niche item. For example, if you have a gold wedding band that you’d like to sell, you’ll usually be able to sell it online or offline to a local jewelry store or pawn shop. The process for selling gold coins is quite different from that for selling gold jewelry, such as a gold wedding band or engagement ring.Īs we’ve covered in our guide to selling gold jewelry, there are many merchants that buy gold jewelry. Mike followed that up by spending years buying and selling diamonds on the wholesale market as well as selling tens of millions of dollars worth of diamonds to diamond retailers.

Mike started from the bottom, sorting and evaluating hundreds of thousands of diamonds to learn every facet (pun intended) of diamond quality and value. The author of this article, our CEO, Mike Fried has over 20 years of experience in the diamond industry. To help you with the diamond buying process we lean on our expertise and experience.