Thank you for choosing to sell your gold bullion using Mail in Services.
At Vermillion Enterprises, we buy and sell gold bullion. Even silver and platinum! Whether it be bars or coins – we have it all! We want it all! Where we will take the bull, out of bullion. The best place to turn your gold into cash or turn your cash into an investment!
Sell Your Gold Bullion – Mail In Services
Sell your gold bars at Vermillion Enterprises is where it is happening!
We buy and sell many gold coins. From varying designs, to varying weights. American. Foreign. Whether you are looking to collect or invest. Vermillion Enterprises buys and sells gold coins.
From Gold Bars, to Gold Rounds, to Certain Gold Coins. Including American Gold Eagles. We buy and sell IRA Eligible Gold. Cash in your physical IRA gold with Vermillion Enterprises.
Ready to get the party started and skip the mumbo jumbo? Click to jump to our Mail in Services Form
Gold: Be-All-In on Knowing Your Investment
Gold Bullion is an alternative to traditional currency when it comes to diversifying your assets or investing. It has stood the test of time! For hundreds of years, gold bullion has been traded in various methods – i.e. bartering and currency exchange. Physical Gold bullion, is an asset worth having around. Not only because of it’s financial value, but it is something easily liquidated, as needed, when needed. Just remember though… It is always best to speak to a reputable and trusted bullion dealer concerning any aspect of precious metals investing. Ideally, one you can establish a long-term dealing relationship with. Vermillion Enterprises, where we strive to offer you the best customer service and rates in town. We are here to help you through the process of buying and/or selling gold bullion.
What you should know about BUY -ING or SELL -ING Gold Bullion:
What is Gold Bullion?
Bullion is refined gold, in a high purity state, generally in the form of minted coins and various sizes of bars.
Taking Home the Gold – What is it worth?
The value is primarily based on weight, the same as other commodities like crude oil and natural gas. It reflects what a precious metal is selling on the stock exchange for. This market index price is called the spot price. It can fluctuate several times a day! However, it is the most current price available for any specific type of metal. The spot price is reported in Troy ounces. However, gold bullion, can also be sold based on the melt price. A melt price is determined by the amount of precious metals in a coin or round.
The spot price is most commonly used to determine value of items that weigh one-ounce – whether it be a coin or bar, there is an identical value for both. Meaning the spot price and melt price are essentially the same on a one-ounce coin or bar. However, if you have a coin with .5 ounces gold in it, then it would be based off the melt price, as it weighs less than the spot price indexing. Examples include: ½ ounce American Gold Eagles, ¼ ounce American Gold Eagles, and 1/10th ounce American Gold Eagles.
Okay, so what are premiums?
Premiums are essentially little price bumps for rare, or considered more valuable items. A coin premium is the additional cost of a bullion coin above and beyond the market value of the precious metal commodity it contains. However, a certified rare coin in near mint condition can have a sizable premium over spot. Also, to note, unusual demand for a specific coin type can drive its premium level significantly higher.
How are the Spot & Melt Purchase Prices Calculated?
If you are interested in buying the 1 oz. American Gold Eagles – Brilliant Uncirculated listed on our Online Shop.
We currently are using Kitco Bid Price as our price for gold, silver, platinum, and other precious metals. Call or stop by today for the most accurate spot price. The following formula would be used to calculate what you would pay for the 1 oz. American Gold Eagle:
(Current Spot Price + Premium) x Weight = Spot Purchase Price
Now, let’s say you are interested in the 1/2 oz. American Gold Eagles – Brilliant Uncirculated instead?
(Current Spot Price x Weight) + Premium = Melt Purchase Price
Well, wait a minute! You added the premium to the spot price before multiplying it by the weight and then switched gears on the melt price. Yes, yes I did! That is because the premium is in addition to the spot price, as long as it is over one-ounce. Yet, with the over melt price, the premium is in addition to the spot price based on the weight less than one-ounce. A little confusing, I know. But once you start buying or selling gold bullion, you’ll catch on quick – I promise!
What kind of Gold Bullion does Vermillion Enterprises BUY or SELL?
The most popular gold bullion products include Gold Bars, American Gold Eagles, American Gold Buffaloes, Australian Gold Nuggets, Australian Gold Lunars, Austrian Gold Philharmonics, Canadian Gold Maples, Chinese Gold Pandas, and South African Gold Krugerrands.
Take a gander at our Virtual Shop. There you can view items more commonly found within the shop on Spring Hill Dr. To place an order, please call us at: (352) 585-9772, Message us on Facebook, or use our website Chat to Text on the lower right. Just remember – If you are looking for something you do not see on the website – Call us! We may have more in shop items in stock that may not have made it to the website yet.
Your options for buying gold bullion at Vermillion Enterprises, is extensive! Let’s take a look at some of the options.
Gold Bars are referred to as gold ignots, gold bricks, or gold bullion bars.
They are often in the following sizes:
- 1 gram .999 Gold Bars
- 2.5 gram .999 Gold Bars
- 5 gram .999 Gold Bars
- 10 gram .999 Gold Bars
- 1 oz .999 Gold Bars
- 100 gram .999 Gold Bars
- 5 oz. .999 Gold Bars
- and up!
What is the most invested/traded modern gold coin? Well, that would be the American Gold Eagle!
American Gold Eagles – Sell with Mail in Services
Following the Gold Bullion Coin Act of 1985, the American Gold Eagles first made their debut in 1986. Issued in burnished, uncirculated, and proof finishes. They are available in 1 oz, 1⁄2 oz, 1⁄4 oz, and 1⁄10 oz coins.
American Gold Buffaloes – Sell with Mail in Services
The American Buffalo, also known as a gold buffalo, is a 24-karat, or .999, bullion coin first offered for sale by the United States Mint on June 22, 2006. It debuted after the Presidential $1 Coin Act of 2005.
Australian Gold Nuggets – Sell with Mail in Services
The Australian Gold Nugget, is not just a nugget of gold. It is an actual coin! First minted in 1986 by the Perth Mint. The Australian Gold Nugget coin is available in 1⁄20 oz, 1⁄10 oz, 1⁄4 oz, 1⁄2 oz, 1 oz, 2 oz, 10 oz, and 1 kg of 24 carat gold. They are one of the few gold legal tenders in Australia to change their design every year.
Australian Gold Lunars – Sell with Mail in Services
In 1996, Australia debuted their Australian Gold Lunar series. Designed to honor the 12-year Zodiac based on Chinese influence on the economy. Beginning with the Year of the Mouse (Rat) in 1996, and ending with the Year of Pig in 2007. However, in 2008, the Perth Mint introduced the Lunar Series II. However, these vary greatly from the original series. In addition to gold bullion and proof versions of the coin, special commemorative coins were struck, high-relief proofs, and even colorized designs that added visual brilliance to each of the coins produced by the Perth Mint. Additionally, this year – 2020 – marks the beginning of a New Lunar start. The Perth Mint has celebrated it with a Lunar III series.
Austrian Gold Philharmonics – Sell with Mail in Services
Originally minted in 1989 by the Austrian Mint, the Austrian Gold Philharmonic is available in two sizes; 1⁄2 oz and 1 oz. The Austrian Gold Philharmonic bullion coin is the only coin that has a face value in euros to date. This Philharmonic coin is one of the world’s best selling coins in 1990. By 2012, there had been more than 14 million Philharmonics sold WORLDWIDE. Can you guess how many TONS of gold that is? Over 329 tons of gold bullion!
Canadian Gold Maple Leafs – Sell with Mail in Services
The Canadian Gold Maple Leaf was first issued by the Royal Canadian Mint in 1979. The Royal Canadian Mint presented the Gold Maple Leaf at a point in time when coin investors had only one choice: the South African Gold Krugerrand. The coins were more than just the second gold bullion coins introduced for private investment. They also became the first-ever .9999 pure gold (24-karat) coins in the world when the mint increased gold purity in the coins in November 1982.
Chinese Gold Pandas – Sell with Mail in Services
First released in 1982, the China Shenzhen Mint’s Gold Panda series is now among the most popular coins worldwide. Initially, they only offered sizes of 1⁄10 oz, 1⁄4 oz, 1⁄2 oz, and 1 oz. However, the 1⁄20 oz quickly made an appearance. On the gold bullion version of the Gold Panda, the design on the reverse side of the coin, has been changed EVERY year since it’s first release in 1982.
South African Gold Krugerrands – Sell with Mail in Services
The Krugerrand first appeared in 1967. It was a time in which the public first started investing in personal gold coin portfolios. Derived from the former President of South Africa, Paul Kruger, and the rand, a South African unit of currency. The United States saw a high importation of Krugerrand coins between 1974-1985. 22 million coins to be exact! It is available in 1⁄10 oz, 1⁄4 oz, 1⁄2 oz, and 1 oz sizes.
Why sell gold bullion using Vermillion Enterprises Mail in Services?
Simply put, Vermillion Enterprises has, for over 6 years, built a reputation on fair prices, honest trade practices, and great customer service. Which means, we aren’t bullion around. We think your time is precious. As precious as gold.
Looking to buy instead? Come on in or check out our online SHOP! We want gold bullion to buy from you OR plenty of gold bullion sell to you!
Please use this form to submit your gold and silver valuables for our mail in services. Please make sure you have read the instructions and understand the process. If you have any questions or concerns, please do not hesitate to contact us. We appreciate your business. Thank you for choosing Vermillion Enterprises.
We will need a copy of your State issued Identification. Whether it be an ID Card, Drivers License, or Passport. It will need to match the information submitted on the contact form. In order to receive payment. You can submit it as an attachment using our file uploader OR include a copy with your package.