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Turn Gold and Silver Coins and Bars into GoldGrams and Silver Ounces
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With GoldMoney you can easily convert your recognized gold coins and bars into goldgrams. Just mail or ship them according to the instructions below, and upon their receipt, verification and acceptance, Kitco will add to your GoldMoney Holding the fine weight in goldgrams, after deducting the appropriate fees*.

Acceptable Coins and Bars
Kitco accepts the following gold coins and bars:

  • American Eagle coins
  • Canadian Maple Leaf coins
  • South African Krugerrand coins
  • Australian Kangaroo/Nugget coins
  • Austrian Philharmonic coins
  • Chinese Panda coins
  • Bullion bars from a recognized refiner/assayer

Your coins/bars will be received and inspected for Kitco by HSBC Bank in their precious metal vault in New York City.

Note that all coins and bars must be in good condition. A damaged coin or bar may be accepted, but for an amount less than the fine weight of the coin. You will be notified by Kitco immediately upon receipt with a confirmation from HSBC Bank if a coin or bar is not accepted. You will be given the choice to (at your expense) have the material returned to you or refined to determine the fine gold content.

If the gold coins or bars you would like to convert into goldgrams are not listed above, please contact Kitco's customer service by e-mail at gmpsi@kitco.com. In your e-mail indicate the type of coin or bar, the brand, weight and fineness, and Kitco will reply to confirm whether they will be accepted and on what terms.

Do not send coins or bars that are not on the above list without first contacting Kitco to receive their confirmation that they will accept them. All coins and bars that are not accepted will be returned or refined at the owner's expense. JEWELLERY AND OTHER FORMS OF GOLD WILL NOT BE ACCEPTED.

Shipping Your Coins and Bars
Follow the easy steps below to turn your recognized gold coins and bars into goldgrams.

  1. Download the "Packing List Letter & Instructions" by clicking here.
  2. Using a word processor, fill in the Packing List Letter and then e-mail it to Kitco (gmpsi@kitco.com) to inform them of your pending shipment.
  3. Print the Packing List Letter and enclose it with the package that contains your gold coins and bars.
  4. Ship your package to HSBC Bank USA by registered and insured US Mail. If you wish to deliver your coins and bars in person to the HSBC facility in New York, please e-mail Kitco to make arrangements for drop-off.
  5. Upon receipt, HSBC Bank USA verifies package contents to ensure that the contents are consistent with your Packing List and that the gold coins and bars are acceptable. HSBC Bank USA accepts only gold coins and bars on the above list and in good condition. If the package is not acceptable for any reason, once notified by the vault, you will be contacted by Kitco.
  6. If the package is in order, HSBC Bank USA notifies Kitco of the precise fine weight of gold, and Kitco processes the transaction and processes this number of goldgrams to the Holding name and number specified on the Packing List Letter. It's that easy.

* Orders are subject to the following transaction fees:

  • Gold: $15.00 minimum charge covers transfer of up to 60 ounces; over 60 ounces, the charge per ounce is US$0.25 (25 cents).
  • Silver: $15.00 minimum charge covers transfer of up to 100 ounces; over 100 ounces, the charge per ounce is US$0.05 (5 cents).

Prices are subject to change without notice. Kitco reserves the right to adjust transaction fees based on the quality/purity of the coins or bullion being exchanged. Customers may receive lower fees for unrecognized metal. Please check with Kitco before shipping your metal.

 
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