The Frederick Coin Exchange is proud to be one of the area’s most trusted dealers in gold & silver bullion! We offer the most competitive buy & sell prices and FREE verbal appraisals!

All premiums on precious metals are changing on a daily basis, so please call for a current quote or to lock in a price.

Call for Quote: 301-898-2863

Below you will find general information on terminology, bullion types and pricing. 

Click here to download or print our FREE Gold & Silver Guide

Definitions

Buy Price – Price we would buy a coin FROM you

Sell Price – Price we would sell a coin TO you

Spot Price – Refers to the current prevailing price of gold or silver as traded on the COMEX. We use Kitco.com for current pricing.

Sales Tax – In the state of Maryland, sales OVER $1,000.00 are tax exempt.

Troy Ounce – There are 31.1 grams per troy ounce different than a tradition ounce (i.e. grocery store or 28.6 grams per ounce)

Cash Transaction – Please research online if you are interested in purchasing in CASH. We follow all guidelines: CLICK HERE for our policies

Please note: We offer bulk pricing on quantities over 20 ounces of gold or 500 ounces of silver please call for our current prices. We do NOT purchase from anyone under the age of 25.

If you have any questions please call us at 301-898-2863

Precious Metals: Gold

Bullion: Refers to any item whose value is derived solely based on its weight in precious metals. The Frederick Coin Exchange sells gold bullion in many different forms. American Gold Eagles, Gold Maple Leaf, South African Krugerrand, and Bars. These are items we carry on a regular basis. However we do on a regular basis carry items not listed below or on our information sheet.

Click Here for our Gold Bullion Information Sheet

When we buy or sell gold bullion in any form, we test each piece using either the ‘Fisch’ Gold Testing Spoons, which perform a specific gravity test on the coin, or electronic gold testing devices that use electrical currents to test the purity of an item. This way you can purchase these items from us with confidence.

Click here to see a video on how it works

1 Oz American Gold Eagle

Total Weight: 33.933 grams

Fine Gold: 31.1 grams

Fineness: 22K or 91.67%

.

1 Oz South African Krand

Total Weight: 33.933 grams

Fine Gold: 31.1 grams

Fineness: 22K or 91.67%

1 OZ Canadian Maple Leaf

Total Weight: 31.1 grams

Fine Gold: 31.1 grams

Fineness: 24K or 99.99%

1 Oz Gold Bar

Total Weight: 31.1 grams

Fine Gold: 31.1 grams

Fineness: 24K or 99.99%

1 Oz American Buffalo

Total Weight: 31.1 grams

Fine Gold: 31.1

Fineness: 24k or 99.99%

1/10^th Oz American Gold Eagles

Total Weight: 3.393 grams

Fine Gold: 3.11 grams

Fineness: 22k or 91.67%

Precious Metals: Silver

Bullion: Refers to any item whose value is derived solely based on its weight in precious metals. The Frederick Coin Exchange sells silver bullion in many different forms. American Silver Eagles, 90% Junk Silver, 1 Oz Rounds, 10 Oz Bars, 100 Oz Bars, Silver Maple Leaf, and Chinese Pandas. These are items we carry on a regular basis. We also regularly carry items not listed above or on our information sheet.

Click Here for our Silver Bullion Information Sheet

When we buy or sell silver bullion, in any form, we test each piece using either acid and a sigma testing device.

Click here to see a video on how this works…

American Silver Eagle

Total Weight: 31.1 grams

Fineness: 99.9%

1 Oz .999 Fine Bar/Round

Total Weight: 31.1 grams

Fineness: 99.9%

10 Troy Oz .999 Fine Bar

Total Weight: 311 grams

Fineness: 99.9%

100 Oz .999 Fine Bar

Total Weight: 3110 grams

Fineness: 99.9%

90% ‘Junk Silver’ $100 Face

Gross Weight: 79.5 T Oz

Fine Silver: 71.5 T Oz

Fineness: 90%

1 Oz Canadian Maple Leaf

Total Weight: 31.1 grams

Fineness: 99.9%

Precious Metals: Platinum, Palladium, Rhodium

1 Oz Platinum Bars

Call for Availability/Pricing

1 Oz Palladium Bars

Call for Availability/Pricing

1 Oz Rhodium Bars

Call for Availability/Pricing

*Name brands ONLY

**Our prices on 90% are based on $1000.00 bags containing 715 T Oz of pure silver.

Call for Quote: 301-898-2863