Bullion is designed to make precious-metal value easier to understand, but sellers should still expect more than a quick cash offer. The right buyer verifies authenticity, confirms the exact metal content, checks the current market, and explains the calculation. Here is what Tampa Bay sellers should know about gold and silver bullion in August 2026.
August 2026 Bullion Market Context
At 10:09 PM ET on August 20, 2026, Gold Buyers Florida's live feed displayed gold at $4,586.10 per troy ounce and silver at $68.58 per troy ounce. These values are a time-stamped reference point. They are not a standing offer, because the market may change before your appointment and because every piece must first be authenticated.
Common Bullion We Buy
- Gold bars and rounds marked .999 or .9999 fine
- American Gold Eagles and American Gold Buffalos
- Canadian Maple Leafs and South African Krugerrands
- American Silver Eagles and .999 silver rounds
- Silver bars in one-ounce, ten-ounce, and larger sizes
- Pre-1965 U.S. 90% silver coin collections
We Confirm the Metal Before We Price It
Packaging, a serial number, or a familiar design can be helpful, but none is a substitute for testing. We begin with visual identification and precise weight. Then we use Sigma Metalytics to confirm the expected metal range non-destructively. This is particularly important for bars and high-value coins, where plated or tungsten-core counterfeits can resemble genuine bullion.
Troy Ounces, Grams, and Fine-Metal Content
A bullion item's label may show one troy ounce, but purity still matters. A Gold Buffalo contains one troy ounce of .9999 fine gold. A Gold Eagle is a 22K coin that also contains one full troy ounce of gold, with alloy metals added for durability. For silver, an American Silver Eagle contains one troy ounce of .999 fine silver. We explain the fine-metal content rather than relying only on a coin's face value.
How Offers Are Calculated
- 1Identify the bar, round, or coin and review any original packaging or assay card.
- 2Confirm the exact weight and stated fineness.
- 3Verify the metal with the appropriate non-destructive equipment.
- 4Check the current live gold or silver market price at the time of appraisal.
- 5Apply the appropriate buy rate and any valid collector premium, then present the offer clearly.
Gold and Silver Do Not Have the Same Buy Rate
The amount paid relative to spot can vary by metal, item type, volume, condition, and resale demand. Our published bullion guidance is typically 90% of spot for common gold coins and bars and 80% of spot for common silver coins and bars. Exceptional coins or collector items may be evaluated separately. We show the math before you sell.
Bring Documentation, but Don't Worry If You Don't Have It
Original assay cards, mint capsules, receipts, and certificates can be useful, especially for proof coins or branded bars. But you can still bring bullion that is loose, inherited, or stored in an old safe. Our appraisal is designed to verify the piece itself, not merely its paperwork.
Ready to sell bullion in Tampa Bay? Bring your gold or silver bars and coins in for a free verification and same-day, live-price offer.