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Gold Coins vs Scrap Gold in Winston-Salem

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American Gold Eagle and Krugerrand gold coins on the counter at Apex Gold Silver Coin in Winston-Salem

People often mix two different piles on the counter: broken chains and class rings on one side, and a few gold coins on the other. Those are priced differently at Apex Gold Silver Coin, 605 Walnut St SW in Winston-Salem. If you are comparing piles after an estate, see our guide to selling inherited gold and coins.

American Gold Eagle and Krugerrand gold coins on the counter at Apex Gold Silver Coin in Winston-Salem
Recognizable gold coins are usually priced above scrap melt.

Scrap gold (jewelry melt)

Scrap is gold that will be melted. Think damaged chains, broken clasps, dental gold, and unmarked pieces we test for karat. On that material we pay about 75% of melt value based on today’s gold price and the karat we confirm in front of you. If a piece is not real gold, we say so. You can check a live spot reference on Kitco’s gold price page before you walk in; we still test and weigh everything on the counter.

Gold coins (usually better than scrap)

Recognizable US gold coins and common bullion coins (American Gold Eagles, Maple Leafs, and similar) are not priced like scrap jewelry. Spot, premium, and condition matter. In most cases, coins pay much higher than the scrap rate because dealers and collectors want the coin itself, not just the melt. For background on the Eagle program, see the American Gold Eagle overview.

Bring both piles if you have them. We sort them on the spot so you can see which pieces are scrap and which are coins. Holding older silver too? Read about selling pre-1964 silver coins as well.

What to bring

  • A photo ID for larger cash payouts
  • The coins and jewelry you want priced (loose is fine)
  • Any paperwork you already have — helpful, not required

Hours and how to find us

Monday–Friday 10am–4pm, Saturday 12–3pm, closed Sunday. Apex Gold Silver Coin, 605 Walnut St SW, Winston-Salem, NC 27101. Phone (336) 505-9503. Details and directions are on our Contact Us page, and more about the shop is on About Us.

We see people from Greensboro, Lexington, Mount Airy, and Reidsville. That is the service area. The shop is the one on Walnut Street. Tania runs the counter day to day. Jeff is the owner.