We Buy Coins

Midlands Gold buys coins of all kinds. This includes gold coins, platinum coins, silver coins, uncirculated coins, proof coins, graded coins, commemorative coins and coin sets. If it’s flat, round and made of precious metal, we probably buy it.

Sell your coins to us. We’ll pay you a great price in a comfortable, private, no-pressure office setting.

Table of Contents

Gold Bullion Coins

Gold coinage has long been used as a store of value. But 1967 marked the inauguration of modern gold coins, when the Krugerrand was introduced. This was followed by the Maple Leaf in 1979, Libertad in 1981, Panda in 1982, Eagle in 1986, Britannia in 1987, Philharmonic in 1989 and Buffalo in 2006.

These are the signature lines produced by world governments. However, a few countries also produce additional gold coins series too. Midlands Gold buys these gold bullion coins.

All gold coins are composed of pure or nearly pure yellow gold. Krugerrands and Eagles are .9167 pure, or 22-karat gold. The rest are .999 pure (“three nines fine”) or .9999 pure (“four nines fine”). Standard size gold coins contain a full troy ounce of gold, but fractional coin sizes (smaller versions of the same coins) range from 1 gram to a 1/2 ounce of gold content.

  • US Gold Eagles (91.67%)
  • US Gold Buffalos (99.99%)
  • Canadian Gold Maple Leafs (99.99%)
  • South African Gold Krugerrands (91.67%)
  • Mexican Gold Libertads (99.9%)
  • British Gold Britannias (99.99%)
  • Chinese Gold Pandas (99.9%)
  • Gold Vienna Philharmonics (99.99%)

Platinum Bullion Coins

Of the three major precious metals (gold, platinum and silver), platinum is the newest metal to be used in bullion coins. Its use began in 1988, with the .9995 fine Maple Leaf (re-released in 2009 as .9999 fine). It was succeeded by the Eagle in 1997, Panda in 2005, Philharmonic in 2017 and Britannia in 2018.

One troy ounce is the standard size for any kind of bullion coin. However, smaller platinum coins range from a 1-gram “coin-let” to a 30-gram Panda (it’s odd, we know). Midlands Gold buys platinum bullion coins.

  • Platinum Eagles (99.95%)
  • Platinum Maple Leafs (99.95 or 99.99%)
  • Platinum Britannias (99.95%)
  • Platinum Pandas (99.9%)
  • Platinum Philharmonics (99.95%)

Silver Bullion Coins

Silver: the poor man’s gold. Like gold and platinum, silver is a rare precious metal. Yet it is the most affordable, by far. Thus, buying silver bullion coins is an easy and popular way to invest in precious metals, a little at a time, without breaking the bank. Midlands Gold buys silver bullion coins.

The minting of modern 1-ounce silver coins began in earnest in Mexico City, the oldest mint in the Americas. They minted their first Libertad in 1982. After that came the Panda in 1983, Eagle in 1986, Maple Leaf in 1988, Brittania in 1997, Philharmonic in 2008 and Krugerrand in 2017. Silver coins range from the 1/20 troy ounce (novelty size) to an entire kilogram in weight.

  • Silver Eagles (99.9%)
  • Silver Maple Leafs (99.99%)
  • Silver Krugerrands (99.9%)
  • Silver Libertad (99.9%)
  • Silver Pandas (99.9%)
  • Silver Philharmonics (99.9%)

Silver Rounds

Midlands Gold buys silver rounds. Silver rounds are like silver bullion coins; they are composed of .999 pure silver (sometimes sterling). However, you can note two key differences. First, silver rounds are privately minted. Second, their variety of designs are limitless.

Silver rounds are produced by myriad companies. However, there are several large producers or brands, which we encounter most often. These include APMEX, Engelhard, RMC, Silvertowne, Sunshine and Scottsdale.

There are thousands of different novelty rounds, collector rounds, commemorative rounds and tribute rounds. They range from a troy ounce to a kilogram in weight. Do you like baseball, Ford Mustangs, cowboys or Garfield? You can find rounds that celebrate them and anything else.

Old US Coins

Once upon a time, the value and production of our money was tied to America’s gold and silver reserves. This was called the gold standard. During that period, many U.S. coins contained actual silver.

The decline of the gold standard began under Franklin Roosevelt. Its dissolution was finalized by Richard Nixon. Starting in 1965, the Federal Reserve phased out production of new silver coins.

Over time, the remaining silver coins were filtered out of circulation by the public. Now they are traded by collectors and stockpiled by silver stackers. Midlands Gold buys old U.S. silver coins, also called “junk silver”.

  • Pre-1965 US Dimes (90% silver): Barber Dimes, Mercury Dimes, Roosevelt Dimes
  • Pre-1965 US Quarters (90% silver): Barber Quarters, Standing Liberty Quarters, Washington Quarters
  • Pre-1965 US Half Dollars (90% silver): Barber Half Dollars, Franklin Half Dollars
  • 1965-69 US Silver-Clad Kennedy Half Dollars (40% silver)
  • Old US Silver Dollars: Morgan, Peace

What’s Next?

Midlands Gold buys gold, platinum and silver of all kinds. How can we help you? Presumably, you’re interested in selling to us. Otherwise, you may be looking into a scrap gold fundraiser for your organization. We’ll explain everything and answer your questions. Click a button below to learn how each service works.

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Coins & Rounds Questions & Answers

We’re glad you asked. Learn more about Midlands Gold on our About Us page.

You must be 21 years or older to sell precious metals to Midlands Gold.

Yes. Midlands Gold is required by law to see and retain a copy of the seller’s Drivers License, along with some biographical information and details of the transaction.

Yes. Many kinds of metal casino tokens have a brass rim and a silver center. We buy these. The center contains around 1/2 ounce of .999 fine silver.

Any unmarked. silver-colored round is probably not actual silver. Almost every bullion coin and round displays its purity somewhere on the obverse or reverse face. This tells you its composition at a glance, and it’s a selling point. Coins and rounds without the purity marking are non-valuable replicas in nearly all cases.

We have seen plenty of counterfeit and “replica” coins. Ebay is full of them, especially fake Morgan Dollars and Silver Eagles, because these coins are popular with collectors. People buy these phony coins thinking they are real, either because the listing was deceptively worded or they didn’t read the details clearly. Pro tip: if the price is enticingly low, it’s fake.

Midlands Gold authenticates coins before buying them.

No. They’re not worth anything.

No. Copper rounds are a novelty.

Yes. Many countries produced silver coins for circulation, like the US. We buy them, as long as we can identify the coin (country of origin, year, and denomination), in order to ascertain its silver content.

Yes, sometimes. Midlands Gold is primarily a precious metals dealer, not a coin collector. So although we buy lots of precious metal coins, we try not to stray too far from our lane. We neither grade coins nor buy coins where a difference in grade substantially alters the value.

In general, we buy sealed coins and common old coins. These include:

* Sealed, Graded Coins
* Sealed Proof Coins & Sets
* Half-cent Pieces
* Large Cents
* Two-cent Pieces
* Three-cent Pieces (“III”)
* Liberty Head Nickels (“V”)
* Half-dimes
* Buffalo Nickels

Yes, sometimes. For example, we buy and sell silver certificates, gold certificates, bank currency, and confederate money. We even buy some scripophily (historical financial documents) like old war bonds and antique stock certificates. Most of these types of items are far more speculative than precious metals. So there may be some negotiation to find a suitable buying price.

If you have questions about jewelry, we invite you to call us at 803-272-GOLD or visit our page about Jewelry.

If you have questions about bullion bars, we invite you to call us at 803-272-GOLD or visit our page about Bars & Ingots.

If you have questions about antique silver, we invite you to call us at 803-272-GOLD or visit our page about Silver Sets.

If you have questions about dental gold, we invite you to call us at 803-272-GOLD or visit our page about Dental Gold.

If you have questions about selling your gold, we invite you to call us at 803-272-GOLD or visit our page about Selling Your Gold.