Sell Gold Coins for Cash: Get the Best Rate at Today’s Market Price

Almost any physical gold coin qualifies for valuation. Common categories include:

• 24K bullion coins – investment-grade coins (99.9% pure), typically 1g, 2g, 5g, 8g, 10g, 20g, 50g, or 100g denominations. Valued at near-spot rate, with no deductions for making or wastage.
• 22K coins – slightly lower purity (91.6%), often jewellery-style or older designs. The gold coin selling rate for 22K reflects the purity factor.
• Small denominations (1g, 2g, 5g) – popular gifts. Valued at the same per-gram rate as larger coins.
• Larger denominations (10g, 20g, 50g, 100g) – investment-grade coins. The gold coin selling price today is essentially live spot × weight × purity, with no minimum quantity required.
• Festival, temple and gift coins – coins received at weddings, religious occasions, or festivals. Usually 22K or 24K. Valued purely on gold content.
• Antique gold coins – older coins of varied purity. XRF testing reads exact composition; payout reflects actual gold content.
• Hallmarked or unhallmarked coins – both accepted. Unhallmarked coins are valued by XRF reading rather than the hallmark stamp.

For the same weight of gold, coins almost always fetch a higher payout than jewellery. Here’s why:

• Higher purity – 24K coins are 99.9% pure gold, while most jewellery is 22K (91.6%) or 18K (75%). Higher purity means more gold per gram.
• No making charges to deduct – coins are minted to a standard, not crafted with intricate work. There’s no soldering, no setting work, no design wastage.
• No stones to remove – what you weigh is what you get paid for, full stop.
• Closer to spot rate – coins typically fetch 95–98% of live spot, while jewellery fetches 90–94% after wastage and soldering deductions.

• PAN card – required for any single transaction of ₹2 lakh and above.
• Aadhaar card – for KYC verification.
• Original purchase bill (optional) – helpful for record-keeping but not mandatory.