Silver Coins

Where to Sell Silver Coins | Silver Coin Buyer – Las Vegas & Henderson, NV

One of the best ways to protect your cash against inflation is to store its value in silver coins. And since silver coins are more affordable than gold coins, many people use them to begin their bullion coin collection. However, if you already have many silver coins, now might be the time to get rid of them, so you earn some cash to grow and diversify your portfolio. All you need to do is pick out the ones you are ready to give up and sell those silver coins. But for this, you will have to find a reputable silver coin buyer like Nevada Coin Mart. NCM is home to professional silver coin dealers who understand the true value of silver coins. With their knowledge and experience in the field, you will get the best deals for your coins. Read on to learn more.

Sell Silver Coins

A silver coin is a piece of precious metal that is struck and formed into a coin. It is considered the oldest mass-produced form of coinage, with its first production tracing back to Greek times. With this historical value, silver coins are considered one of the most sought-after bullion collectibles for portfolio investment among many coins and other precious metals enthusiasts.

Silver Coin Value

Silver coins typically have a face value and are legal tender. One can use it to pay debt and taxes, and the issuing government guarantees this. However, the value of a silver coin is not based on its face value but rather primarily on its weight and silver content. Most silver coins today are 99.9% silver. So when you sell your silver coin, other factors come into play. Aside from the coin’s weight and purity, silver coin buyers will typically consider these factors when buying your silver coin:

The spot price of silver
Condition of coin
Year minted
Mintmark

Please note that the price of silver is volatile and changes by the minute. To learn more about the spot price of silver, click here: https://www.kitco.com/charts/livesilver.html.

Most Reputable Silver Coin Buyer in Las Vegas

Nevada Coin Mart is the largest silver coin buyer in Las Vegas and Henderson. Clark County licenses us to buy coins from the general public. We are a 12-time winner of the best of Las Vegas award by the Las Vegas Review-Journal. So rest assured when you sell your silver coin with us, you get the best offers. We also pay the most cash for your silver coins.

Where to Sell Silver Coin

If you want to sell silver coins, Nevada Coin Mart is the place to be. To ensure that you get the best offer, we use an x-ray spectrometer to analyze your items. For more information, visit us at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103, or call us up at 702-998-4000. We are open 365 times a year, from 9 am to 6 pm.

Brief History

The first silver coins were struck in the kingdom of Lydia in Asia Minor in 600 BC. These coins were minted within the Lydian empire and were made from a naturally occurring alloy of gold and silver called electrum. The idea of coinage—stamping chunks of metal with a specific weight quickly spread to neighboring regions like Aegina.

The coins in the neighboring regions are also silver. Thus, the idea of coinage rapidly spread to the entire Mediterranean region thanks to trading. In addition to the silver coins, merchants also used bronze coins in the Mediterranean region. The bronze coins served as a small change.

Moreover, the ancient Persians utilized silver coins between 612 and 330 BC. British pennies were also made of silver sometime before 1797. In ancient times, saving silver coins was one of the most common practices of storing one’s wealth. Later on, government mints produced silver bullion coins to sell to investors. These historical events made it possible for silver coins to be considered the most seasoned mass-delivered type of coinage. Today, many people invest in silver coins and sell them after a few months or years when the price of silver is high.

Right now, there are a number of silver coins that circulate on the market. If you happen to have one of the following, you can sell them to Nevada Coin Mart to earn cash. Here are some of the coins that we buy:

References

- https://en.wikipedia.org/wiki/Silver_coin
- https://sdbullion.com/blog/what-is-a-silver-coin

American Eagle Coin

Sell American Eagle Coins | American Eagle Price – Las Vegas, NV

American Eagle Coins are one of the most well-known bullion coins globally. The US Mint used various precious metals such as gold, silver, platinum, and palladium in creating American Eagle coins. These coins were a part of the American Eagle Program in 1986, where bullion coins were minted for investors. Today, the American Eagle is one of the most sought-after coins in the bullion market. Read more about American Eagle prices and where to sell American Eagle coins in Las Vegas, NV.

American Eagle Coins Price

If you plan on selling your American Eagle Coins, bullion coin buyers will have to evaluate them to come up with an offer. Bullion coins are typically priced based on their precious metal content and weight. In the case of American Eagles, its purity is almost 100%, and its price largely depends on the price of gold, silver, platinum, or palladium. Here are four factors that affect the price of American Eagle Coins:

The spot price of the metal (gold, silver, platinum, or palladium)
Condition
Year
Mint Mark

The coin’s face value is usually secondary to these factors. To learn more about the spot price of each metal, click here: https://www.kitco.com/.

Sell American Eagle Coin in Las Vegas

Selling American Eagles is a very good investment, and if you have been holding them for a long time, it may be a good time to sell. If you want to sell your American Eagle Coins, Nevada Coin Mart is the best place to sell them! Nevada Coin Mart is the largest buyer of American Eagle coins and other bullion coins.

For more information, please visit our store at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103, or call us up at 702-998-4000. We are open 365 times a year, from 9 am to 6 pm.

Brief History

The US Mint began producing the American Eagle coin in 1986 when they introduced the American Eagle Coin Program. The program aimed to solely produce gold and silver bullion coins for investment purposes. However, the Mint soon diversified its coin production to include platinum coins in 1997 and palladium coins in 2017. They also produce uncirculated and proof versions of the American Eagle coins for collectors.

The American Eagle Bullion Coins is a great way for investors to invest in a small amount of physical gold, silver, palladium, and platinum. There are four available sizes for gold bullion coins: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. While silver, platinum, and bullion coins are only available in one-ounce size.

The US Mint has produced 561,089,158 troy ounces of silver coins and 26,264,742 troy ounces of gold coins. Also, in the perspective of the market value in the bullion coin industry, at $17.50 per troy ounce of silver, the US Mint has produced over $8.9 billion in American Silver Eagle coins. On the other hand, at the market value of $1,750 per troy ounce of gold, there are more than $45.9 billion in American Gold Eagle coins.

Types of American Eagle Coins

American Silver Eagles – This is the official silver bullion coin of the United States. The US Mint strikes them in one troy ounce of 99.9% pure silver and has a nominal face value of one dollar. This silver bullion coin was made possible after the Coinage Act of 1965.
American Gold Eagles -This is also the official gold bullion of the United States. It comes in four different sizes: one ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. Each size has a different face value $50 for the one-ounce coin, $25 for the one-half ounce, $10 for the one-quarter ounce, and finally, $5 for the one-tenth ounce.
American Platinum Eagles -This coin is the official platinum bullion coin of the United States. Its mintage was authorized by congress in 1996 and was first introduced in 1997. It is struck from 99.95% pure platinum and is guaranteed by the United States Government for content, weight, and purity. The coin is only available in one size —one ounce— and has a $100 face value.
American Palladium Eagles – It is the official palladium bullion coin of the United States. Like the silver and platinum bullion coins, it only comes in one size—one ounce— and has a face value of $25.

References

South African Krugerrand

Where to Sell Krugerrand | Krugerrand Buyer – Las Vegas & Henderson, NV

Sell Krugerrands

The South African Government released these coins to promote South African gold. Equally important, it is worth noting that the South African Mint and the Rand Refinery are in charge of manufacturing the well-loved Krugerrand coins. It is one of the most – if not the most popular coin globally. Learn about where to sell Krugerrands and Krugerrand buyers in this blog.

Value of Krugerrand

If you plan on selling your Krugerrands, it is important to know that Krugerrand comes in gold and silver versions. Prices also vary. The metal content for each version determines the value of the Krugerrand coin. First is the gold Krugerrand. These gold coins contain 22-karat gold with a fineness of 0.9167 pure gold. The one troy ounce of fine gold, or 31.103 grams, adds to the coin’s gross weight, slightly over a troy ounce at 1.0909 ozs or 33.93 grams.

Gold Krugerrands have no face value.

The South African Reserve Bank Act considers Gold Krugerrand Coins as legal tender. As a result, citizens can use it to pay taxes or as a monetary commodity. The price of gold Krugerrands is based on its gold content or fineness, weight measured in troy ounces, and the spot price of gold that changes every day. These are the primary factors that determine the price of Gold Krugerrands.

On the other hand, the price of a Silver Krugerrand is usually determined using the London Bullion Market Association’s (LBMA) official benchmark for the cost of silver, which is issued and released daily by them. A silver Krugerrand coin strictly contains 99.9 percent silver which is complementary to the coin’s purity. The coins are typically sold in tubes of 25 or a box containing 500 coins per purchase. The Prestige Bullion is the overall agency responsible for producing and distributing the silver Krugerrand coin. They do not sell directly to public members but sell through a well-established network of international bullion dealers.

Like the gold Krugerrands, the value of the silver version of this coin is likewise based on its metal content. The spot price of silver becomes a determining factor of the value of the silver coin. It changes regularly and serves as the basis of the coin’s purchase value rather than the face value. Learn more about the spot price of silver Krugerrand here: https://www.kitco.com/charts/livesilver.html

Where to Sell Krugerrand

If you want to sell your Krugerrands, Nevada Coin Mart is the place to be! Nevada Coin Mart is the best buyer of Krugerrands in Las Vegas and Henderson, NV. They deal with all kinds of coins, domestic or foreign. We offer the best prices when you do your business with us.

Krugerrand Buyer

Nevada Coin Mart is the largest buyer of Krugerrands in Las Vegas and Henderson, NV. We have been in business for more than two decades, and our expertise is unparalleled. Before we give you an offer for your Krugerrands, we carefully evaluate your coin so you can get the best offer. For more information, you can call us at 702-998-4000 or visit us at S. Jones Blvd Las Vegas, NV 89103. We are open 365 times a year, from 9 am to 6 pm.

Brief History

In 1967, an easier way to privately own physical gold was introduced in the form of the Krugerrand. The coin was a collaboration between the South African Mint and Rand Refinery. The coin was named after the former President of the South African Republic Paul Kruger, and the South African currency, called the rand. Paul Kruger’s profile is depicted on the obverse side of the coin and was designed by Otto Schultz. At the same time, the reverse side of the coin depicts South Africa’s national animal, the springbok.

By 1980, the Krugerrand quickly became popular in the gold coin market, catapulting it to become the number one choice for gold coin investors. However, because of the apartheid during the 1980s and 1990s, some western countries banned the importation of the Krugerrand. In 1985, the United States—the largest market for the Krugerrand, imposed a ban on the importation of the Krugerrand. The apartheid resulted in multiple sanctions that greatly affected South Africa’s gold exports.

The apartheid eventually ended in 1990, and by 1991 most sanctions had ended. As a result, Krugerrands were back in the Western markets.

Canadian Maple Leaf

Sell Canadian Maple Leaf | Canadian Maple Leaf Value – Las Vegas, NV

The Canadian Maple Leaf comes in gold and silver versions. These are bullion coins annually issued by the Government of Canada and produced by the Royal Canadian Mint. However, its value is more significant than just its monetary proportions. It depicts the national pride of Canada and pays homage to the reigning monarch, Queen Elizabeth II. As a result, a lot of people use the Maple Leaf coin as an investment. Read below to learn more about where to sell Canadian Maple Leaf and how coin experts evaluate Canadian Maple Leaf value.

Value of Canadian Maple Leaf

When you sell your Canadian Maple Leaf coin, its value is primarily determined by its metal content. Since the coin comes in both gold and silver versions, its value will be determined by the spot price of the corresponding metal. Aside from the spot price of the metal—gold or silver, other factors are also in play, such as:

Condition of coin
Year minted
Mintmark

To learn more about the spot price of gold, click here; for the spot price of silver, click here.

Sell Canadian Maple Leaf

Nevada Coin Mart is the largest coin buyer of Canadian Maple Leaf coins! In fact, we offer a free quote or in-store evaluation of our client’s items to ensure the fair and actual value of their items. We use a state-of-the-art X-ray spectrometer to evaluate and analyze your item to ensure that you get the best offer in the market.

For more information, you can visit us at our store at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103, or call us at 702-998-4000. We are open 365 times a year, from 9 am to 6 pm.

Brief History

In 1908, the Royal Mint in Ottawa struck a gold sovereign coin and a “C” for Canada. Afterwhich, in March 1912, the Department of Finance asked the Royal Mint to mint 8,000 pieces of five-dollar gold coins and 8,000 pieces of ten-dollar gold coins. These coins then became the first Canadian gold coins. The coin has the word “Canada” on it and the country’s coat of arms.

Decades later, in 1979, the Royal Canadian Mint started producing one-ounce gold bullion with a $50 face value. The Canadian government guarantees the coins for their weight and purity. The coin is made of 99.9% pure gold. The Canadian Maple leaf soon became one of the most popular gold coins worldwide. The coin is minted and issued once a year.

The coin features a portrait of Queen Elizabeth II. The coins that 1979 coins until 1989 feature a 39-year-old queen. Meanwhile, since 2014, the coin has been featuring a portrait of 79-year-old Queen Elizabeth II.

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References

Platinum Coin

Sell Platinum Coin | Platinum Coin Buyer – Las Vegas & Henderson, NV

Although gold and silver coins are more common, platinum coins have also gained popularity among investors and collectors. Popular series such as the American Eagle and Canadian Maple Leaf now come in platinum versions. It is smart to store your money’s value through bullion items like platinum coins. But before you can sell a platinum coin, you will first have to find a reputable platinum coin buyer like Nevada Coin Mart. The owner, Neil Sackmary, has a team of professional platinum coin dealers who understand the true value of platinum coins. You will surely get the best deals in Las Vegas if you bring your business to NCM.

Platinum Coin Value

Knowing how much you can get for it is important if you want to sell your platinum coin. Some coins have a face value while some don’t. However, the coin’s face value does not play an important role in determining its value. Below are some of the factors considered when dealing with platinum coins.

The spot price of platinum
Condition
Year
Mint Mark

Please note that the price of platinum changes daily.

Platinum Coin Buyer

Nevada Coin Mart is the largest platinum coin buyer in Las Vegas & Henderson, NV. We have two decades of experience dealing with bullion and coins. Rest assured that you are in the best hands when selling your platinum coin. We thoroughly evaluate and analyze your coin to ensure that you get the best offers. Below are some of the platinum coins we buy.

Platinum American Eagle
Canadian Platinum Maple Leaf
Australian Platinum Koala
Isle of Man Noble
Chinese Platinum Panda
Other several series by the Russian Federation

Best Platinum Coin Dealer in All of Las Vegas

Sell your platinum coins at Nevada Coin Mart for some quick cash today. Visit us at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103, or call us at 702-998-4000 to talk to one of our expert platinum coin dealers. We are open from 9 AM to 6 PM, 365 days a year.

Sell Platinum Coins for Its History

The use of platinum for producing coins was first used in Spanish-occupied America. The minting of platinum coins resulted from platinum’s discovery in gold rocks. However, the Spaniards could not utilize it for a long time because of the lack of technology in dealing with metal. As a result, platinum was used in numerous fraudulent activities. For example, coin makers used it as a replacement for silver as it was cheaper back then.

The only time where platinum coins were used was in Russia between 1828 and 1845. Platinum coins look like cheap metals, and it is difficult to work with, unlike softer metals like gold and silver. However, platinum was very hard and was hard to melt; as a result, merchants highly valued it. And in preparation for the 1980 Summer Olympics in Russia, the then Soviet Union minted commemorative platinum coin sets from 1977 and 1980. And since 1988, commemorative platinum coins have been issued annually in Russia.

Since 1983, several countries have started to regularly mint platinum coins. The most popular ones are Isle of Man’s Platinum Cat and Platinum Noble, Canada’s Platinum Maple Leaf, China’s Platinum Panda, and Australia’s Platinum Koala.

References

Gold Coin

Where to Sell Gold Coin | Gold Coin Buyer – Las Vegas & Henderson, NV

Sell Gold Coin

Gold coins have always been a part of human history. Merchants have been using gold coins since the 1800s for trade. Today, gold coins are becoming collector’s items for numismatists and as an investment for investors. People say that gold jewelry is a good form of investment; they aren’t wrong. However, gold coins are a better form of investment. Unlike gold jewelry, gold coins are mostly 99.9% gold. Learn more about how to sell gold coins, where to sell gold coins, and gold coin buyers below.

Gold Coin Value

If you plan on selling your gold coins, most gold coin buyers will evaluate and analyze your coin based on its weight and purity. Some coins will have a face value, but gold coin buyers like Nevada Coin Mart do not pay for its face value. Rather, we look at several factors when offering a price. Here are some of the factors that affect your coin value.

The spot price of gold
Condition
Year Minted
Mint Mark

It is important to know that gold’s spot price changes by the minute, so if you want to learn more about the spot price of gold, click here.

How To Sell Gold Coin

There are many ways to sell gold coins, but the best way is to buy them at a local coin store. Local coin stores like Nevada Coin Mart pay in cash and usually have an easy selling process. But if you just want an estimate for your coin, you can send us a quote request here. And our coin experts will be happy to assist you.

Where to Sell Gold Coin

If you want to sell your gold coin collection, Nevada Coin Mart is the best place to sell them! Nevada Coin Mart is an expert in all forms of bullion, including gold coins.

Vegas Gold Coin Buyer

Nevada Coin Mart is the largest gold coin buyer in Las Vegas & Henderson, NV. We perform noninvasive tests that can determine the content of your coin and give you great offers that can earn you the MOST cash. So if you have some gold coins, and want to cash in, bring them to our store today!

Call us at 702-998-4000 or visit us at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103 if you want to talk to our experts on gold coins today.

Brief History

Merchants and other traders in the ancient Near East used gold alongside other precious metals in commerce. The use of gold in trade dates back to the Bronze Age. However, gold in the form of coins only started to emerge in Anatolia in the 6th century BC. Lydian king Croesus is linked with the gold coin’s invention. When the Persians captured king Croesus in 546 BC, they learned about gold coins and later adopted gold as the metal for their coins.

Other ancient societies, such as ancient Greece, have several gold coins used by different city-states. In ancient China, they used the Ying yuan gold coin; these coins date back to the 5th or 6th century BC.

Today, gold coins—bullions— are used only for investments since most of the world stopped minting gold coins for currency in 1933. However, modern gold coins are still legal tender and can be accepted as payment for debt and taxes.

References

https://en.wikipedia.org/wiki/Gold_coin