Buyback guarantee

Transparent pricing

Expert since 1987

Pick up & delivery

Always discrete

SELL GOLD COINS
Do you have gold coins you wish to sell? We are happy to help you at Argentor. In our office you are at the right place for a smooth sale of your gold coins. Our colleagues are more than equipped to test and assess your gold coins. This way, we always get a fair price for your gold.
LIVE BUYING RATES
Our buying prices are adapted every minute to the actual gold rate and are hedged once you present your gold in our office. Gold coins are bought at the actual gold rate, minus or plus buying premium. Coins who are not mentioned in the price list below are at the rate for scrap gold corresponding to the purity of the gold.
OUR BUYING PROCESS
STEP 1
You come to our office and offer your gold coins in person. You needn’t make an appointment to do so. We are open from Monday to Thursday from 9 a.m. to 5 p.m. and on Fridays from 9 a.m. to 1 p.m.
STEP 2
We assess the quality of your coins right in front of you. Our office is equipped with three screened counters where you can sell your goods in all discretion.
STEP 3
Our staff weigh and sort the coins per type and/or quality and calculate the value of your material based on the current gold rate.
STEP 4
We go through the buying invoice together. You will always receive a copy of the invoice as proof of your sale to Argentor. We deposit the agreed amount to your bank account within 24 hours.
YOUR GOLDEN GUARANTEE
RAPID PAYOUT
We deposit the agreed amount to your bank account within 24 hours.
CORRECT PRICING
Our buying prices are always based upon the actual gold rate.
COMPETITIVE PRICING
You’ll receive a market-based and fair price for your gold coins.
COME BY WITHOUT OBLIGATION
OR CONTACT US NOW
INFO
Lange Herentalsestraat 84 | BE-2018 Antwerp
T. +32 (0)3 303 72 72
E. info@argentorshop.be
OPENING HOURS
Mon-thu 09 a.m. - 5 p.m.
Fri 09 a.m. - 1 p.m.
Sat Closed
Sun Closed
FREQUENTLY ASKED QUESTIONS
Do I have to make an appointment to sell gold coins at Argentor?

You needn't make an appointment to sell your gold coins at Argentor. You are welcome in our office during office hours, from Monday to Thursday from 9 a.m. to 5 p.m. and on Friday from 9 a.m. to 1 p.m. Our closing days and annual holidays can be found on the contact page.

Must I have a certain amount of gold coins to be able to sell at Argentor?

In theory there is no minimum amount. What you do need to consider is an administration fee1 of €10 (VAT incl.) in case the invoice is less than €100. The administration fee will be held off the purchase price. Small amounts can therefore better be saved and sold once you have more in order to avoid the administration fee.


1: See also : 'Are there any additional 'hidden' costs I have to factor in when selling to Argentor?'.

What does Argentor pay for gold coins?

+ Coins are bought at the current exchange rate, minus or plus buying premium1. Our buying rates are adapted every minute to the actual gold rate and are hedged once you present your coins in our office.

+ Coins that are not mentioned in our price list and all other forms of gold are bought at the rate for scrap gold corresponding to the purity of the gold. Our buying rates are adapted every minute to the actual gold rate and will only be hedged once you present your material in our office.


1: Under the condition that the coins are in good shape. See also, ‘What is a premium?’

What is a premium?

A premium is the difference between the intrinsic value of gold/silver/platinum/palladium (weight in pure gold/silver/platinum/palladium x current rate in euros) and the price you actually receive. Precious metals, you see, are almost never traded at spot (at their intrinsic value). You always have to pay a certain commission. The premium is often expressed in percentages.

At Argentor we always clearly state the premium of a certain product. That makes it easy to compare different products. For example: for a gold bar of 1 kilogram at a gold rate of €35.000/kilo and a buying premium of -0,75%, you will receive €35.000 - 0,75% = €34.739,45. The premium can also be expressed nominally, which, in this example, would be €260,55.

How is the premium determined?

+ The numismatic added value: coins, sometimes, have an additional value for collectors. In the case of very rare and historical coins, this value can sometimes be more than twice as much as the intrinsic value. In case of modern bullion coins this added value will, however, be rather limited.

+ The market: when demand for certain coins and bars increases, premiums can go up, regardless of the actual rate. That results from the basic principle of demand and supply. As soon as the demand surpasses the supply it creates a certain shortage on the market, resulting in higher premiums and prices. As soon as the supply surpasses demand again, the premiums and prices will go down accordingly.

+ The margin: the margin retailers and traders, such as Argentor, take on products is also calculated within the premium.

+ Additional costs: storage fees, transportation fees, insurances, packing materials, administration, etc.

How do I calculate the difference between the selling and buying premium?

At Argentor we always clearly state the selling and buying premium of a certain product. You typically buy precious metals above spot (actual rate), and sell them below spot. The difference between these two premiums and prices is called the 'spread'. The spread is the easiest way to compare different products. You can easily calculate the difference between the selling and buying price by the aid of the spread.

For example: you buy a 20 Belgian francs gold coin for €206, including 1,5% premium. Should you immediately sell your coin back to us at the same exchange rate, you would do so at our buying premium of -0,5%. That means you would receive €202 for your coin. The spread for the 20 Belgian francs at Argentor is, in other words, €4 or 2%.

Are there any additional 'hidden' costs I have to factor in when selling to Argentor?

The buying rates for coins and bars as shown in the column ‘our buying price’ in our price list are the net prices you receive. The buying rates for scrap metals as mentioned on our website are the actual rates you will receive as well. No additional costs will be held off these rates.

What you do need to consider is an administration fee of €10 (VAT incl.) in case the invoice is less than €100. This administration fee will be held off the purchase price. Small amounts can therefore better be saved and sold once you have more in order to avoid the administration fee.

Are there other prices for bigger volumes?

No, the price for bigger volumes remains the same. Given the high value of precious metals the spreads taken by retailers like Argentor are rather limited. Traders and other retailers can contact us for more information about our buying rates.

Does Argentor pay in cash?

+ Ever since the adaptation of the Belgian law regarding cash payments (September 18th 2017), it is forbidden for us to pay in cash to professional sellers. All purchases, regardless of their total value, have to be paid by bank transfer1 or exchange of materials.

+ As for private sellers, we can pay a maximum of €500, regardless of the total value of the purchase. All balances exceeding have to be paid by bank transfer1.


1: Our bank transfers are carried out the following working day before noon. How fast you receive the payment onto your banking account depends on the speed of the transfer between our bank and yours. Do not hesitate to contact us in case you still haven't received the payment after three working days.

How fast will I be paid?

Cash payments are carried out immediately1. Bank transfers are carried out the following working day before noon. How fast you receive the payment onto your banking account depends on the speed of the transfer between our bank and yours. Do not hesitate to contact us in case you still haven't received the payment after three working days.


1: See also 'Does Argentor pay in cash?’.

How about VAT?

Sales of gold bars and gold coins will never be subjected to VAT as they are exempt from VAT.

The correct VAT regimes and corresponding codes are always mentioned on our invoice. In order for your own bookkeeping to be correct, it is best to base yourself on these codes.

Is identification mandatory when selling gold coins?

Since February 20th 2012 precious metals sellers and buyers are obliged to identify and register their clients and suppliers. This procedure of identification and registry aids in tracing and identifying thieves and fences.

Is my transaction forwarded to the Belgian tax authorities?

No. Argentor does not have a duty of notification. We are, however, obliged to keep our full bookkeeping records during the mandatory period of 7 years for the event of an investigation.

Must I indicate the revenue from my investments in gold on my tax return?

Residents of Belgium do not have to indicate their investments in precious metals on their tax return. Only if they keep their gold on a foreign securities account should they include this in their personal tax declaration in Belgium.

Residents of the Netherlands must report the value of their investments every year in ‘box 3: Saving and investing’.

What do I have to keep in mind when selling gold?

Whether it's jewellery from a heritage, coins from a collection or silver cutlery you no longer use… When you are planning to sell precious metals it's of the utmost importance that you assess the value of your material as best as you can. Take a look at following tips and think carefully when selling your precious metals.

+ Form an idea of what your goods are worth. Try to figure out the value of your goods before you decide to sell them1. By weighing the pieces and checking for hallmarks (if possible) you can easily assess the value of your items based on the actual rates2. Alternatively, you can go to a jeweller (or several jewellers) for a taxation. This will help you to form an idea of the value of your items. Never send material to a buyer without having a clue of its value!

+ Try to sell directly to a jeweller you know or a well-known precious metals trader. Research has shown that a jeweller will often offer a better price for your precious metals than a small exchange office. That is certainly the case in the Diamond quarter of Antwerp, where there are a lot of jewellers located. There you can rest assured that you will receive a fair price for your precious metals. Larger trade offices (such as Argentor) will also be able to offer a better, and especially more transparent, price! Do not sell your precious metals to the first buyer that comes along! Chances are you'll receive a better price somewhere else.

+ Have realistic expectations when it comes to pricing! Keep in mind that terms such as 'rare', 'exclusive' and 'collectors item' have to be taken with a grain of salt. Exchange offices will often only be interested in the percentages of precious metals within your jewellery and/or other materials. They won't pay attention to the craftsmanship and skills needed for the creation of certain pieces. On top of that you need to take into account that productional fees and VAT were calculated in the price you paid, meaning that the price you paid will always be higher than the actual value of the piece. In other words, it's not because you paid €1.000 for a ring that it's actually worth that much. That being said, caution is always recommended! Coins, unlike jewellery, are often worth more than solely their weight in gold, silver, platinum or palladium. Informing yourself about buying and selling premiums is always a good idea, but manage your expectations. The premium will always depend on the actual market situation (supply & demand) and will vary from trader to trader.

+ Check if your jewellery contains diamonds and whether or not they are of value. Unlike some jewellers, most gold traders will not pay extra for the precious stones that are inside jewellery, since it's another craft of which they don't have knowhow. That's also the case at Argentor, where you will not receive added value for precious stones and/or pearls3, nor for the design of your jewellery, exclusive or not. Inform yourself about the possible value of your diamonds and whether or not they're worth breaking out4.

+ Compare the reputations of companies online. These days you can easily find online reviews about virtually every - trustworthy - gold trader, either on their own website, either on Facebook, Google, LinkedIn, etc. Googling the names of the companies you wish to work with will go a long way. At Argentor we find it very important that customers can rate us. On this page you can read all reviews left behind by clients. Take into account that these reviews are solely aimed on the operations of our webshop!


1: See also: 'How can I know whether or not I am in possession of real gold?'.
2: See also: ‘What does Argentor pay for gold?’.
3: See also: 'Can I also sell pearls and precious stones at Argentor?'.
4: For larger quantities of jewellery containing diamonds, you can always contact us for a chemical solution of gold with the recovery of diamonds.

Can I also send gold by post to sell at Argentor?

Only in case you are already registered with us as a B2B client/supplier - and depending on the quantity and composition of the material - we can arrange for the material to be picked up by Mikropakket (in Belgium & Luxemburg). We charge €12,40 (VAT excl.) per transport for this service. Do not hesitate to contact us in case you wish to use our pick-up service. We will provide you with all the necessary information and documents.

Should you send material to Argentor on your own initiative, you do so completely at your own risk! Argentor cannot be held responsible, nor for parcels sent to us by regular or registered post, nor for parcels you place in our mailbox yourself.

Can I have my gold coins appraised by Argentor?

For appraisals without commitment to sell, we ask €20 (VAT excl.) per analysis.