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Pawn Gold Coin or Sell Them For Better Deals in Las Vegas, NV

If you want to pawn or sell your gold coins, you should consider your local coin shops. Gold coins are a form of bullion typically used as an investment. In this article, we will discuss whether you can pawn your gold coin and why it is better to sell your gold coin instead. 

Pawn Gold Coin

Gold coins are seen as an investment. And most gold coins are made of 24-karat gold, or what the gold industry considers pure gold. But can you pawn a gold coin? The answer is that it depends. It is mostly case to case basis, as most pawn shops only commonly take jewelry as collateral. Even though coins are better in value, jewelry is preferred as it sells easily, and if the item pawned is not paid back by the owner. And if you want quick cash, visiting your local coin store like Nevada Coin Mart is the best option.

Sell Gold Coin

If you need extra cash, selling your gold coin is better than pawning it. Local coin stores like Nevada Coin Mart is an expert when it comes to bullion, such as gold coins. When you sell your gold coin with us, a coin expert will evaluate it for its fineness (metal purity), year minted, rarity and collectability. Unlike other stores, we thoroughly evaluate your coin, so you get the best offer. 

Gold Coins We Buy

Nevada Coin Mart buys coins in various conditions, dates, metals, and grades. Below are some of the coins we buy 

  • Gold Eagles
  • Gold Krugerrands
  • Gold Buffalo
  • Gold Liberty
  • And all other types of gold coins

Bring your coins today for a FREE evaluation, and when we buy your coins, get paid in cash! 

For more information about selling gold coins, visit us at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103, or call us at 702-998-4000.

Gold Coin History

Gold coins originated in Anatolia during the 6th century BCE. The Persians adopted the use of gold coins from king Croesus of Lydia when they captured him in 546 BCE. Several city-states in Ancient Greece also used gold coins for commerce. Ancient China also used gold coins for early trade and commerce.

Centuries later, gold coins were still in circulation. And in 1873, the German gold mark was introduced, replacing the coins of the Holy Roman Empire.   

Gold coins were still the primary form of money for many years to come until their fall in the early 20th century. Many countries switched to paper money from the gold standard due to hoarding brought upon by the Great Depression. As a result, the United States issued an executive order in 1933 to forbid the hoarding of gold. 

Today, gold coins are still minted not for commerce but for investment purposes. Gold coins are another way of owning gold aside from gold bars.

Reference

https://atlantagoldandcoin.com/dont-be-taken-when-you-sell-gold-coins-theyre-not-jewelry/

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