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What should i do- recently purchased gold bar? »
26

Nov

I inherited a 1 kg gold bar. What’s the best way to sell it and get current market value for it?

Posted by admin as Gold Bar

The bar is 999.9 pure gold.

Ask in your bank. They may help you, or even buy it for you.

Psychout24 says November 26th, 2009 at 6:44 am

well from my understanding is that having a gold bar is illegal to own in the US so i recommend not selling it or maybe chip away and make a circle or other shape. i think it has to do with the gold bars in fort knox (although i doubt it in these current years there are any gold in that fort)
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Many years with interesting conversations and common sense :P

Traders Fx says November 26th, 2009 at 7:14 am

Ask in your bank. They may help you, or even buy it for you.
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DB says November 26th, 2009 at 7:59 am

http://www.goldline.com

I have purchased gold from them in the past and they are pretty solid. Also, you could take it to a reputable jeweler. They will buy it for close to market value.
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betotron says November 26th, 2009 at 8:11 am

http://www.learcapital.com will buy it
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sam says November 26th, 2009 at 9:00 am

No one going to touch it. Was the person you inherited it from was a druglord?

No one in this time of age owns a gold bar, unless they a druglord or been carrying it since the gold rush hundreds of years ago LOL
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Computer Guy says November 26th, 2009 at 9:13 am

Your 1 kg gold bar is worth roughly $35,500US are current spot prices. You may have to look hard for a buyer with that much ready cash, but there are serious gold investors out there.

Kitco buys and sells gold, try

http://www.kitco.com

Grandpa
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Kathleen says November 26th, 2009 at 9:31 am

I would definitely go with Empire Gold Buyers. they are honest, give a really great and fair price for gold. Check them out, I’ll add a link below for you to read what other people have to say about Empire Gold Buyers
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http://www.empiregoldbuyers.com/cash-for-gold-testimonials.asp

Sue says November 26th, 2009 at 9:58 am

The gold price per ounce of bullion depends on the purity and weight of the gold. The bar that you have is the industry standard for storage and selling. I think that I would create a list of potential buyers and then call them to get quotes.

http://www.grantsofcornwall.com/content/gold-resources/gold-price-per-ounce.php
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