Gold Au $4,378.20 $0
Silver Ag $66.25 $0.01
Platinum Pt $1,802.59 $0.36
Palladium Pd $1,305.44 $0
Call (800) 465-3909
Gulf Coast Coin & Jewelry

Frequently
Asked Questions

Straightforward answers to common questions about selling, precious metals, coins, jewelry, payments, auctions and doing business with Gulf Coast Coin & Jewelry.

01 Selling to Gulf Coast

Buying & Selling

Offers, evaluations, appointments and what to expect when you bring property to Gulf Coast.

Do your prices differ from other gold, silver, coin or jewelry buyers?

Yes. Every buyer has different costs, inventory needs, expertise and margins. Gulf Coast's goal is to be one of the strongest and fairest buyers in the Southwest Florida market and to pay competitively within the realities of the current market.

For significant property, we encourage customers to understand what they own and compare offers before making a decision.

Should I sell to a traveling gold or hotel buyer?

Before selling valuable property to any temporary or traveling buyer, know who you are dealing with and understand what you own.

Coins, jewelry, diamonds, watches and collectibles can have value beyond their basic metal content. Having property examined by an established specialist can help identify those factors before you make a decision.

Gulf Coast Coin & Jewelry has served Southwest Florida since 1975 from permanent brick-and-mortar locations in Fort Myers and Bonita Springs.

How much do you pay per gram for 14K gold?

Gold prices change throughout the trading day, so there is no single permanent price per gram. The value depends on the current gold market, purity and the type of property being evaluated.

Coming Soon Gulf Coast Gold Calculator

Check current indicative gold values by purity and weight before visiting one of our locations.

Check Today's Gold Value
Do you pay cash?

Gulf Coast offers multiple forms of payment. For security reasons, we do not advertise the amount of cash normally kept at our locations.

If cash is important to a large transaction, speak with us in advance and we can discuss available arrangements.

Important: Certain cash transactions are subject to federal reporting requirements. Businesses generally must report receiving more than $10,000 in cash in a single transaction or related transactions. Ask us if you have questions about payment for a particular transaction.
Do I need an appointment to sell something?

For most everyday transactions, you can visit during normal business hours without an appointment.

If you have a substantial collection, estate, large precious-metals transaction or unusual property, calling ahead can help us connect you with the appropriate specialist and allow enough time to properly review what you have.

Can I meet with Mike Joyce?

Yes. Mike Joyce is based at Gulf Coast's Fort Myers headquarters.

Customers who would specifically like to meet with Mike at our Bonita Springs location can request an appointment at least 48 hours in advance to help ensure his availability.

Call our Fort Myers office at 239-939-5636 to request an appointment.

02 Precious Metals

Bullion

Spot price, premiums, liquidity and how physical precious metals are priced.

What does the spot price mean?

Spot price is the quoted market price used as a benchmark for precious metals such as gold, silver and platinum.

Precious metals trade in major markets around the world, and prices can change continuously during active trading. In the United States, dealers commonly reference current market quotations when pricing physical precious-metal products.

What is the best precious-metal product to buy?

There is not one product that is best for everyone. Different buyers prefer different products depending on their goals, budget and personal preferences.

Two important factors to understand are the premium you are paying over the underlying metal value and the liquidity of the product when you eventually want to sell it.

What is the premium?

The premium is the amount a physical bullion product trades above the underlying value of the precious metal it contains.

Premiums vary by product and market conditions and can reflect fabrication or minting costs, distribution, transportation, insurance, availability and dealer costs.

Supply and demand can cause premiums to change even when the underlying spot price has not moved significantly.

What is the dealer's commission?

The dealer's commission or margin is the portion of a transaction that compensates the dealer for facilitating the trade and operating the business.

Gulf Coast believes customers should understand the numbers involved in a precious-metals transaction rather than simply being handed a final price without context.

How does Gulf Coast Coin & Jewelry price gold and silver?

We start with the current precious-metals market and tell you the market price being used when your trade is executed.

From there, the specific product, current wholesale or replacement cost, availability, quantity and applicable margin determine the final price.

Physical premiums can move independently from spot because supply and demand for a particular coin, bar, round or other product can change rapidly.

Can I lock in today's price and pay tomorrow?

Precious-metals markets move continuously, and Gulf Coast may replace inventory as soon as a transaction is completed. Because of that market exposure, we generally require payment when a bullion trade is locked in.

For established customers and particular transactions, speak directly with us about available arrangements. New customers should expect to establish a relationship with Gulf Coast before requesting special trading terms.

03 Purchasing

Payments

Credit cards, debit cards, identification and layaway.

Can I pay with a credit card?

Yes, credit cards are accepted for qualifying jewelry purchases.

Gulf Coast does not accept credit-card payment for coin or bullion purchases over $1,000.

Contact us before a large purchase if you need to confirm acceptable payment methods for a particular transaction.

Can I use a debit card?

Yes. Debit cards are accepted. Please bring a valid photo ID, particularly for larger transactions.

Do you charge extra for using a debit card?

No. Gulf Coast does not add a card-processing fee for debit-card purchases.

Do you offer layaway?

Yes. Layaway is available for qualifying jewelry purchases.

Layaway is not offered for coins or bullion. Ask our staff about current layaway terms before making your purchase.

04 Numismatics

Coins

Collections, certified coins and understanding numismatic value.

How do I know if my coin is worth more than its gold or silver value?

This is one reason it can be important to have coins examined by someone familiar with numismatics.

Date, mintmark, condition, rarity, variety, certification and collector demand can sometimes matter in addition to the value of the metal contained in a coin.

Gulf Coast has dealt in rare coins and precious metals since 1975 and has numismatic expertise available through our Fort Myers headquarters.

Do you buy entire coin collections?

Yes. Gulf Coast buys individual coins as well as complete collections, accumulations and estates.

For larger collections, we recommend calling ahead so we can make sure the appropriate person and enough time are available to review your material.

Do you buy PCGS and NGC graded coins?

Yes. Gulf Coast buys and sells professionally certified coins, including coins graded by PCGS and NGC.

Should I clean my coins before bringing them in?

No. If you believe a coin may be collectible, we recommend leaving it exactly as it is.

Cleaning can alter a coin's surfaces and may significantly affect its desirability and value to collectors. Bring the coin in first and let an experienced numismatic professional examine it.

05 Jewelry & Gemology

Jewelry, Diamonds & Watches

Selling jewelry, diamonds, gemstones, watches and jewelry services.

Do you buy broken or unwanted gold jewelry?

Yes. Gulf Coast buys many forms of gold jewelry, including pieces that are broken, damaged or simply no longer worn.

Depending on the piece, value may involve more than simply its gold weight. Diamonds, gemstones, designer names, craftsmanship and resale demand may also be relevant.

Do you buy diamonds and gemstones?

Yes. Gulf Coast works with diamonds, gemstones and fine jewelry.

Our team includes GIA Graduate Gemologist expertise for property that requires specialized gemological knowledge.

Do you repair jewelry?

Yes. Both our Fort Myers and Bonita Springs locations provide access to an in-house jeweler.

Contact the location nearest you about your particular repair, sizing or jewelry-service need.

Do you buy Rolex and other luxury watches?

Yes. Gulf Coast buys and sells select luxury watches and previously owned timepieces.

Bring the watch and, if available, its original box, papers, service records, extra links and any other accompanying material.

06 Gulf Coast Auctions

Auctions

Consignments, auction property, previews and shipping.

Can I consign my items to a Gulf Coast auction?

Potentially. Gulf Coast auctions coins, jewelry, watches, art, antiques, collectibles and other property.

Our auction team can review an item and give an opinion about whether it may be appropriate for an upcoming Gulf Coast auction.

Where is the Gulf Coast auction team?

Gulf Coast's auction operation is based at our Fort Myers headquarters.

Customers visiting Fort Myers can speak directly with auction staff and view upcoming auction property when it is available for preview.

Can you ship auction purchases?

Yes. Gulf Coast's auction operation handles post-sale preparation and shipping for eligible auction purchases.

Shipping availability, cost and any restrictions depend on the item, value, size and destination.

Can I view your current auctions online?

Yes. Current and upcoming Gulf Coast auctions can be viewed through our online auction catalog.

View Current Auctions
07 Southwest Florida

Locations

Visiting Gulf Coast in Fort Myers and Bonita Springs.

Where is Gulf Coast Coin & Jewelry in Fort Myers?

Our Fort Myers headquarters is located at:

14181 S. Tamiami Trail, Suite 110
Fort Myers, FL 33912

Monday–Friday: 10 AM–5 PM
Saturday: 10 AM–3 PM
Sunday: Closed

Main Office: 239-939-5636

Explore Fort Myers
Where is the Bonita Springs store?

Our Bonita Springs showroom is located at The Prado at Spring Creek:

25249 Chamber of Commerce Drive, Unit #6
Bonita Springs, FL 34135

Tuesday–Friday: 11 AM–4 PM
Saturday: 11 AM–3 PM
Sunday & Monday: Closed

Phone: 239-333-2646

We are conveniently located next to the Prado movie theater.

Explore Bonita Springs
Does your Bonita Springs location serve Naples?

Yes. Our Bonita Springs location is convenient for customers throughout Bonita Springs, Naples, North Naples, Estero and surrounding southern Southwest Florida communities.

We also regularly serve customers traveling from areas including Marco Island and Ave Maria.

Visit Gulf Coast

Prefer to Talk to Someone?

Visit one of our Southwest Florida locations or call ahead if you have a large collection, estate, precious-metals transaction or property requiring a particular specialist.

Gulf Coast Headquarters

Fort Myers

14181 S. Tamiami Trail, Suite 110
Fort Myers, FL 33912

Monday–Friday 10 AM–5 PM
Saturday 10 AM–3 PM

Call 239-939-5636
The Prado at Spring Creek

Bonita Springs

25249 Chamber of Commerce Drive, Unit #6
Bonita Springs, FL 34135

Tuesday–Friday 11 AM–4 PM
Saturday 11 AM–3 PM

Call 239-333-2646
Still Have a Question?

Talk to Gulf Coast

Coins, jewelry, precious metals and estates do not always fit neatly into a frequently asked question. Call or visit Gulf Coast and we can help connect you with the appropriate person.

All Internet and Website Prices are indicators ONLY. Must be confirmed by phone or in person. Price Subject to change quickly and without notice.