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Buy and Sell Gold Bullion in Spartanburg, SC
Spartan Gold & Coin buys and sells gold bullion, gold coins, and gold bars from our local coin shop in Spartanburg, South Carolina.
Gold comes in many forms, and two pieces containing the same amount of gold don't necessarily have the same market value. The mint, manufacturer, purity, weight, condition, rarity, and collector demand can all affect what a gold coin or bar is worth.
Whether you have a single one-gram gold bar, an American Gold Eagle, a collection of foreign gold coins, or larger bullion bars, we'll help identify exactly what you have and explain how it's valued.
What Types of Gold Bullion Do We Buy?
Some of the gold bullion coins and products we regularly buy and sell include:
- American Gold Buffalo
- American Gold Eagle
- Chinese Gold Panda
- Canadian Gold Maple Leaf
- Austrian Gold Philharmonic
- South African Gold Krugerrand
- Mexican Gold Libertad
- Australian Gold Kangaroo
- British Gold Britannia
- Gold bars in a wide range of sizes
This isn't a complete list.
We also regularly encounter British Gold Sovereigns, Mexican gold pesos, fractional gold coins, one-gram bars, larger gold bars, and many other government- and privately minted gold products.
If it's made of gold and you aren't sure exactly what it is, bring it in. You don't need to identify it before visiting Spartan Gold & Coin.
What Is Gold Bullion?
Gold bullion generally refers to gold valued primarily according to its precious-metal content.
Bullion can take the form of government-issued coins, privately minted rounds, or bars ranging from a fraction of a gram to hundreds of ounces.
A well-known example is the 1 oz. American Gold Eagle. Each one-ounce Gold Eagle contains exactly one troy ounce of pure gold, but the coin itself is made from a 22-karat alloy containing 91.67% gold along with silver and copper for additional durability.
Because of those additional metals, the finished one-ounce American Gold Eagle actually weighs more than one troy ounce.
Other bullion coins, such as the American Gold Buffalo and Canadian Gold Maple Leaf, are produced with very high gold purity.
Regardless of purity, what matters when comparing bullion products is the actual amount of gold contained in the item, along with any market premium associated with that particular coin or bar.
What Are Pre-1933 U.S. Gold Coins?
Before 1933, the United States produced gold coins intended for monetary use. Today, collectors and dealers commonly refer to these coins as Pre-1933 U.S. gold.
Popular examples include:
$1 Gold Coins
$2.50 Quarter Eagles
$3 Gold Coins
$5 Half Eagles
$10 Eagles
$20 Double Eagles
Unlike modern bullion coins, these pieces were originally issued as money rather than primarily as precious-metal investment products.
Most classic U.S. gold coins were struck in an alloy containing 90% gold and 10% other metals, primarily to make the coins more durable for circulation.
Today, their gold content alone makes them worth far more than their original face values—but some are also valuable collectible coins.
Are Pre-1933 Gold Coins Worth More Than Their Gold Content?
Sometimes substantially more.
The value of an old U.S. gold coin can depend on its date, mint mark, denomination, condition, rarity, and collector demand in addition to the amount of gold it contains.
A scarce Charlotte or Dahlonega Mint gold coin, for example, should not be valued the same way as a common-date gold coin containing a similar amount of precious metal.
That's why we identify old gold coins before treating them as bullion.
If you have Pre-1933 U.S. gold, don't clean or polish it before bringing it in. Cleaning can permanently alter the coin's surfaces and reduce its numismatic value.
When Does an Old Gold Coin Trade Like Bullion?
The line between bullion and collectible gold coins isn't always clear.
Some Pre-1933 U.S. gold coins survive in relatively large numbers. Depending on their date and condition, common examples may trade at prices closely tied to their underlying gold content plus a market premium.
The 1924 Saint-Gaudens $20 Double Eagle is a good example. It is a historic U.S. gold coin, but substantial numbers survive today, including many higher-grade examples. Common examples therefore tend to trade much differently from genuinely scarce Saint-Gaudens dates and mint marks.
Other Pre-1933 coins can command significant numismatic premiums.
This is why we look at the actual coin rather than simply putting every old gold piece on a scale.
Gold Coins vs. Gold Bars
Both coins and bars can be excellent forms of physical gold, but they aren't necessarily priced the same way.
Government-issued bullion coins such as American Gold Eagles, Gold Buffalos, Maple Leafs, Krugerrands, and Britannias are widely recognized and have established secondary markets.
Gold bars are available from many refiners in sizes ranging from one gram to one kilogram and larger. Recognizable refiners, original assay packaging, serial numbers, and market demand can affect how particular bars trade.
Larger bars generally contain more gold with fewer individual pieces to handle, while smaller bars and fractional coins provide smaller units of physical gold.
When buying or selling, the relevant comparison is the gold content plus the current premium or discount associated with the particular product.
How Much Is My Gold Coin Worth?
The value of a gold coin depends on what you actually have.
We consider factors including:
- Actual gold weight
- Gold purity
- Current gold spot price
- Mint or manufacturer
- Date and mint mark
- Condition
- Rarity
- Collector demand
- Current bullion premiums
For a common modern bullion coin, precious-metal content may account for most of the value.
For a rare historic gold coin, the collector value can be substantially more important.
That's why identifying the item comes before determining what it's worth.
Should I Remove Gold Bars From Assay Packaging?
Generally, leave gold bars in their existing packaging.
Many modern gold bars are sold in sealed assay cards containing information about the bar's weight, purity, manufacturer, and serial number. Original packaging can make the product easier to identify and verify.
Likewise, don't clean gold coins or remove collectible coins from certified PCGS or NGC holders.
Bring everything in as you found it.
Buying Gold Bullion in Spartanburg
Spartan Gold & Coin also sells physical gold coins and bars.
Our inventory changes based on what we're buying and selling, so available products and quantities can vary from day to day.
Depending on current inventory, we may have American Gold Eagles, Gold Buffalos, foreign bullion coins, fractional gold, gold bars, Pre-1933 U.S. gold, and other products available.
If you're looking for something specific, contact us before visiting to ask what's currently in stock.
Sell Gold Coins and Gold Bars in Spartanburg, SC
If you're looking to sell gold bullion in Spartanburg, South Carolina, bring your coins and bars to Spartan Gold & Coin for a no-obligation evaluation.
We buy individual gold coins, gold bars, complete collections, inherited gold, foreign gold, American Gold Eagles, Gold Buffalos, Pre-1933 U.S. gold, and many other forms of physical gold.
We'll identify what you have, determine its gold content, check whether it has additional collector value, and explain what we would pay based on the current market.
Don't clean old gold coins or assume they're only worth their weight in gold. Bring them in first and let us determine exactly what you have.
Types Of Gold Coins & Bars We Regularly Buy
