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

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Question by im4agentleman: I inherited a 1 kg gold bar. What's the best way to sell it and get current market value for it?
The bar is 999.9 pure gold.

Best answer:

Answer by Psychout24
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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7 Responses to “I inherited a 1 kg gold bar. What’s the best way to sell it and get current market value for it?”
  1. Traders Fx says:
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    Ask in your bank. They may help you, or even buy it for you.

  2. DB says:
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    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.

  3. betotron says:
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    http://www.learcapital.com will buy it

  4. sam says:
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    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

  5. Computer Guy says:
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    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

  6. Kathleen says:
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    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

  7. Sue says:
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    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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