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FAQ: Selling Gold and Silver in Winston-Salem

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

People walk in with a bag of jewelry, a jar of coins, or both, and ask the same questions. Here are straight answers from Apex Gold Silver Coin at 605 Walnut St SW in Winston-Salem—how we pay for scrap gold, what coins bring, what ID you need, and when we are open.

How much do you pay for scrap gold?

For scrap gold—karat jewelry we test and melt—we generally pay about 75% of melt. That number is for the gold only. Stones, settings that are not gold, and anything we cannot melt as gold do not count in that percentage.

We do not buy watches as scrap gold. Watches are a separate trade. Gold jewelry and scrap come to the coin shop counter at 605. If you want a deeper look at scrap versus coined gold, see Gold Coins vs Scrap Gold in Winston-Salem and our gold buyer page.

Do coins pay more than scrap?

Yes, usually. A gold coin, a silver dollar, or bullion we can sell as a coin is not priced like a broken chain. Melt is the floor for many pieces; collectible or bullion demand can push the offer higher. We sort coins from scrap on the counter in front of you and say which is which.

Do you buy gold coins, silver dollars, Morgans, Peace dollars, and Gold Eagles?

Yes. We buy U.S. gold coins and common bullion such as American Gold Eagles when you bring them in. We buy silver dollars, including Morgan and Peace dollars, plus other U.S. silver and bullion. Condition, date, and whether the piece is common bullion or something collectors want all matter. For Gold Eagles specifically, see Selling American Gold Eagle Coins in Winston-Salem. For dollars, see Selling Morgan and Peace Silver Dollars in Winston-Salem.

What ID do I need?

Bring a valid government-issued photo ID—driver’s license, state ID, or passport. We are licensed and follow the rules for precious-metals purchases. No appointment is required for a normal walk-in.

What are your hours and address?

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 only. You can also use our contact page.

Can I sell inherited gold?

Yes. Estates and mixed boxes are normal here. Bring the lot—jewelry, coin jars, albums. We sort gold from silver and scrap from coins while you watch. There is no pressure to sell everything on the spot. More detail: Selling Inherited Gold and Coins in Winston-Salem.

Do you have stores in Greensboro, Lexington, or other cities?

No. Those towns are in our service area—people drive in from Greensboro, Lexington, Mount Airy, Reidsville, and nearby. The shop is one location: 605 Walnut St SW in Winston-Salem. Listing a city does not mean another store.

Ready to walk in?

Bring your gold, silver, or coins and a photo ID during hours. Jeff and Tania will weigh, test, and explain the offer on the counter. Call (336) 505-9503 if you have a large lot and want to confirm cash on hand.