Coins > Rhodium Coin

Sell Rhodium Coin to the #1 Buyer in Las Vegas & Henderson

As a metal commodity, rhodium is more expensive than the price of gold and silver together. This element was discovered in platinum, glittering like a reflective crisp metal that is silvery-white in color. Also, it is resistant to corrosion, which makes it the perfect metal for jewelry production. Moreover, its price and rarity make it a good addition to any investment portfolio.

Sell Your Rhodium Coin

Nevada Coin Mart is the #1 buyer of rhodium coins in Nevada and the Henderson area. If you happen to have rhodium coins lying around at home and are looking to sell them, please bring them in at our only store at the corner of James and Flamingo. Also, our team offers free evaluations and verbal appraisals to our clients. We use safe tests to determine the value of your coins with the help of an X-Ray Spectrometer that tells the exact amount of rhodium in your goods. Moreover, this test is much safer than the tests used by other cheap pawn shops, which perform scratch tests that may damage and lessen the value of your coin.  If you want to sell your rhodium coins, here are some of the ones we look forward to acquiring:

  • Black Proof Incuse Silver Maple Leaf, 2020
  • 5oz Silver UNESCO, 2016
  • Cooks Islands Predator-Prey Collection, 2014-2017
  • 5oz Silver UNESCO, 2017
  • Cook Islands 3-Coin Silver Desert Heat Scarab Set, 2017

Value

Since rhodium is found in palladium, its extraction is quite the task, making it quite rare. Also, the largest mining facility for rhodium is located in South Africa and produces around 20 tons of the element each year. This minuscule amount makes up about 80% of the world’s annual rhodium supply. Lastly, its obvious rarity as an element makes rhodium coins even more valuable and expensive than coins that contain silver and gold.

History

William Hyde Wollaston discovered palladium and rhodium in the year 1803. He noted that rhodium is extremely reflective, virtually mirror-like, rock-solid, and resistant to corrosion.

The first-ever rhodium coin was Tuvalu’s South Sea Dragon, produced by the privately-owned Cohen Mint in New York City during the year 2009. In fact, they minted 1,000 pieces of the South Sea Dragon in 1 gram. Now, people use 80% of the rhodium production worldwide as one of the catalysts for the three-way catalytic converters in automobiles.

References

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