which coins does alloy buy

Which Coins Does Alloy Buy?

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The coins shown on this page represent many of the gold and silver coins we commonly purchase. This list is not exhaustive.

Alloy’s offers are based solely on precious metal content and current market prices. Alloy does not pay additional premiums for rarity, grading, or collector value.

Some coins, such as bullion and rounds, trade primarily for the gold and silver they contain. Others are valued for rarity, condition, or historical significance. We specialize in the first category and only purchase for the precious metal content. We do not make offers based on other factors that may contribute to a coin’s value.

How Coins Are Valued

Coins are valued in a few different ways: for their precious metal content, for their numismatic (collectible) value, or at face value. Different buyers prioritize different features when making offers to purchase coins.

Metal value vs. collector value

Modern bullion coins are valued primarily for their precious metal content. Their worth is determined by weight, purity, and current market prices.

Numismatic coins carry value based on rarity, age, condition, or collector demand. These typically trade through specialty coin dealers or private collectors. 

Some older U.S. coins contain silver but were originally issued for circulation, and may still be found that way. These are commonly sold in bulk by dealers who specialize in silver currency.

Other coins still in circulation have no value above their face value because they contain no precious metals or historical significance. 

In a nutshell

Please note: All Alloy offers are based solely on precious metal content and current market prices. Alloy does not pay additional premiums for rarity, grading, or collector value.

Coins We Buy

Modern Gold Bullion Coins 

24K (99.88% Gold)

American Gold Buffalo

Canadian Gold Maple Leaf

Austrian Gold Vienna Philharmonic

British Gold Britannia

Australian Gold Kangaroo

Chinese Gold Panda

chinese gold panda
Olga Kolmykova, via Wikimedia Commons, licensed under CC BY-SA 4.0

Mexican Gold Libertad

mexican gold libertad
Wikimedia Commons (Public Domain)

Australian Sea Turtle

australian sea turtle

Battle of the Coral Sea

battle of the coral sea gold coin

Other modern 24K bullion coins

modern 24K gold bullion coins

22K (91.67% Gold)

American Gold Eagle

South African Gold Krugerrand

south african gold krugerrand

British Sovereign

british sovereign

Colombian Five Pesos

colombian five pesos

Historic Gold Coins (Purchased for Metal Content)

While some historic gold coins can be valued by collectors, Alloy purchases these coins based on their gold content rather than their collectible premium. 

Indian Head Gold Coin

Mexican Gold Peso Coins (Various Denominations)

gold mexican pesos

Indian Princess $3 Gold Coin (United States $3 Gold Piece)

Liberty Head $1 Gold Coin

Saint-Gaudens $20 Gold Coin

French 20 Franc Gold Coin

Austro-Hungarian 100 Corona Gold Coin

Austro-Hungarian 100 Corona Gold Coin

Austrian Gold Ducat

Austrian Gold Ducat
CoinInvest GmbH, via Wikimedia Commons, licensed under CC BY-SA 4.0. Obverse and reverse combined.

Mark Twain Gold Commemorative

Mark Twain Gold Commemorative

Modern Silver Bullion Coins 

Most silver coins listed below contain 1 Troy ounce of .999 or .9999 fine silver and are valued based on weight and purity. Privately minted silver rounds may also qualify if clearly marked with weight and purity. Please check with your Alloy Advisor.

American Silver Eagle

American Buffalo Silver Coin

American Buffalo Silver Coin

Indian Head Silver Bullion Coin

Indian Head Silver Bullion Coin

Canadian Silver Maple Leaf

Canadian Lucky Dragon Silver Coin

Canadian Lucky Dragon Silver Coin

Austrian Silver Vienna Philharmonic

South African Silver Krugerrand

south african silver krugerrand

Australian Silver Kangaroo

Chinese Silver Panda

chinese silver panda
Chi Ho Chan from Hong Kong, via Wikimedia Commons, licensed under CC BY 2.0. Background removed.

Mexican Silver Libertad

mexican silver libertad

Coins We Do Not Buy

Gold-looking coins often mistaken for gold

Although the following coins have a gold-like appearance, they are primarily made from copper and other base metals. Because they do not contain gold or silver, they have no melt value and are not eligible for purchase at Alloy.

Sacajawea Dollar

Sacajawea Dollar

Washington Presidential Dollar

Washington Presidential Dollar

Theodore Roosevelt Dollar

Theodore Roosevelt Dollar

Mexican 1000 Peso Coin

Mexican 1000 Peso Coin

Circulating U.S. silver coins Alloy no longer purchases

Some older U.S. coins contain silver and are commonly referred to as “junk silver.”

As of October 2025, Alloy no longer purchases circulating U.S. silver coins. While they do contain silver, they are best suited for dealers who specialize in coin-by-coin or bulk transactions in silver currency. 

For sellers looking to sell circulated U.S. silver currency, a local coin shop or bullion dealer may be a better fit.

Bicentennial Half Dollar (40% silver)

Bicentennial Half Dollar (40% silver)

Morgan Dollar

Morgan Dollar

Peace Dollar

Peace Dollar

Walking Liberty Half Dollar

Walking Liberty Half Dollar

Silver Quarters (1964 and earlier)

silver quarter

Silver Dimes (Mercury & Roosevelt, 1964 and earlier)

mercury and roosevelt silver dimes

Not Sure if Your Coin Qualifies?

This page highlights many of the coins we commonly purchase, but it is not exhaustive. If you’re still not sure if your coin qualifies, we’re here to help. Reach out to an Alloy Advisor by calling (888) 672-1471 or emailing images to [email protected]. We’re happy to help you determine whether your coin meets our purchasing criteria.

Frequently Asked
Questions

No, as of October 2025, the Alloy Market no longer purchases Morgan Dollars.

Alloy will buy proof coins made from precious metals, but will only base its offers on the melt value. For items with a collectible value above melt, sellers should explore other selling venues to capture a coin’s full value potential.

Alloy does not buy coins for their collector value, rarity, or numismatic characteristics. Our offers are based solely on the melt value of each coin. If you are looking to sell a coin for numismatic value, a specialty coin dealer may be a better fit.

We generally do not purchase graded or slabbed coins for their certified collector value. If a graded coin contains gold or silver, we may evaluate it based on its metal content, but we do not pay premiums for certification or grading.

As of October 2025, Alloy no longer purchases circulating U.S. silver coins such as Mercury dimes, silver quarters, Walking Liberty half dollars, Morgan dollars, or Peace dollars. While these coins contain silver, they are better suited for dealers who specialize in silver currency transactions.

Yes. Alloy purchases many international gold coins, including Mexican Gold Pesos, British Gold Sovereigns, Austrian Ducats, and other historic and modern bullion coins. Offers are based on gold content and current market prices. If you don’t see your coin listed above, but are still curious, please reach out to an Alloy Advisor, and they can answer any questions you have.

Most precious metal coins clearly display their weight and purity, such as “1 oz .999 Fine Silver” or “1 oz .9999 Gold.” Historic gold coins are often marked with a denomination and country of origin. If you are unsure, you can contact an Alloy Advisor for guidance.

Yes. You can use our calculator for an upfront estimate based on weight and purity, or speak with an Alloy Advisor for guidance before shipping.

To get started, simply request a free evaluation kit. We ship your kit directly to you and provide a postage-paid parcel to pack your items. Ship your items to us with insurance and tracking paid for by us, so they stay safe in transit.

Our team of professionals will evaluate your items upon arrival and send you a detailed, itemized offer. When you accept, we initiate payment on the same business day.

Our reputation speaks for itself. Just read the reviews from our happy customers! We hope you choose Alloy when it comes time to sell your gold, silver, platinum, or palladium.

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