answersLogoWhite

0

Banks will happily buy gold coins for their face value - since this is nearly always far less than they are actually worth.

If you wish to sell your coins for their actual value, take them to a reputable goldsmith.

User Avatar

Wiki User

15y ago

Still curious? Ask our experts.

Chat with our AI personalities

CoachCoach
Success isn't just about winning—it's about vision, patience, and playing the long game.
Chat with Coach
ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi
FranFran
I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran

Add your answer:

Earn +20 pts
Q: Do banks buy gold coins
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Movies & Television

Where can I buy gold coin in chennai?

You can buy in Jewellery stores across the city or even from banks.


Where can you buy gold coin?

GOLD COINS Gold coins normally we describe as a round medallion which is used for saving and gifting purposes.Buying gold coins is a good investment. The coins are also available in rectangular, oval or in another shapes. Gold itself is a precious metal and in coin it is available in bulk. It is known as bullion and traded in a market. Coins have changed in shapes and designs as the history days passes. But the mass was always the same .Coins have valued by the density, mass and cast ingots or minted coins . Coins have provided the evidence of art and economy and also the wisdom and understanding history. Some of the points which are important to observe while buying the gold coins are: 1. Purity- Coins are sold for investment they are 22 Kt or 24 Kt. 2. Weight-Gold coins can be produced from 0.5 gm to 100 gm. Popular weights are 10 gm or less .There are 1 gm, 2 gm, 4 gm and 8 gm gold coins also. 3. Designs-Gold coins comes in many designs Lakshmi gold coins, Ganesha gold coins etc. Corporate companies or jewelry retailers have their own logo of one side of coin. Few coins have specific depictions . We can see gold coins in thangamayil .


Who was the first king to issue gold coins in India?

Not Kushanas, It was Gupta's, who introduced Gold Coins in India..


Who introduced gold coins in India?

Indo-Greeks


How do you get CN coins on toon football Cartoon Network?

you cant earn cn coins at toon football we should buy with credit card i mean with real money to buy cn coins you can click on the store and at left side there will be a option called buy coins and follow the instrustion hope you get it