We Buy Gold Bullion & Coins
Knowing where to invest your money can be challenging—even the most low-risk investments can take a turn in bad market conditions. However, one thing you can always feel confident purchasing as a long-term investment is gold.
Gold and other precious metals fluctuate in price, but they only trend more valuable over time. That’s because gold is a limited resource with so many potential uses. Dental drills, mobile phones, and spaceships are among many other modern technologies that all contain some amount of gold or other rare metals. Of course, gold is also always in-demand for fine jewelry and currency production.
Here at Cashbox Jewelry & Pawn Co., we buy and sell gold bullion and coins, allowing you to build your collection or cash out when the gold market is hot. Our helpful staff will let you know the cumulative weight and purity of your gold and provide a competitive offer in cash. We’re a leading gold buyer in Tucson, AZ, so visit us today!
What exactly is gold bullion?
Gold bullion describes any type of physical gold that’s high in purity. Gold bullion may be pure gold, or 24 karat gold, but it may still contain other alloys, as gold is a rather soft metal. Bullion may come in the form of gold bars, coins, or ingots. In addition, gold bullion is considered legal tender, so it can cross borders without incurring fees. Interestingly, it was not legal for U.S. citizens to own gold bullion without a license between 1933 and 1974.
How do you determine how much my gold is worth?
Our gold prices will vary based on current market value. When you bring gold bullion to our store, we will weigh it and measure its purity, or precious metal content. Most investment grade gold bars have this info stamped in already, and you may have further verification on paper. Bring any paperwork or other professional grading materials if you have them handy. We’ll offer a price based on how much gold you have as well as the current market rate.
Are gold coins worth more than gold bars?
In a retail setting, you’ll typically pay more per ounce of gold for coins than bullion. However, there are different factors that come into play when valuing gold coins. For example, the numismatic value, certificates of authenticity, rarity, and the condition of the coin can all affect its value.
We’re happy to appraise your coin collection and offer a price based on fair market value. We can also issue a pawn loan against the value of your coin collection. We buy, pawn, and sell mostly U.S. coins, but we do have some foreign and privately minted currency as well.
Visit one of our two Tucson locations to buy or sell gold bullion or coins with us. Our family-owned and operated shops will deliver an exceptional customer service experience that will keep you coming back!