The most effective way to sell gold bullion on a large scale is to advertise it on an Internet site such as Ebay. Selling gold coins in this fashion allows for a larger buying base of people. The Internet can span the world where as a dealer is local. Selling gold coins on the Internet through a site such as Ebay allows for a more competitive sale.
A starting bid can be placed on the gold so that the bid starts at market plus premium price, thus if the item is bid on it can be sure to make some form of profit. The down side to selling gold coins on Ebay would be the bid not being as high as desired, and with other Internet forms there can be an extended wait.
Another way to sell gold coins is to a dealer. Dealers are individuals who buy gold to resale for profit. The fact that a dealer is looking to earn profit from a sale means that they are looking to buy gold for a lower price, thus selling gold to a dealer is not always profitable.
A dealer can refuse to buy gold if not at there desired price, thus after paying the premium on gold a dealer can refuse an offer. The reason for this is because they are wanting to make a sell in return themselves. Granted not all dealers are going to rip a seller off, but naturally they are going to want to pay the lowest price for goods possible, so it would not make sense for selling gold to dealers to be highly profitable.
The last thing that an individual with gold can do is hold the gold. Gold is a security investment not a short term profit investment, thus if held onto it can be profitable in the long run. In the event of an economic downfall gold coins can be used as a form of trade when the paper dollar has lost its value. Gold will go up and down in price but will never lose full value.
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