Coin

Pawn Coins or Sell Them in Las Vegas For Better Deals

Coins have been around for centuries, and early humans have used them for trade and commerce. Today, different types of coins have a value more than their face value. For example, the American Eagle coin is valued for its precious metal content and collectability. If you have coins you want to sell or pawn, this article is for you. This article will discuss pawn shops that buy coins and pawn shop coin value. 

Pawn Coins, or Don’t

Are you a coin collector looking to cash in on your collection? Or maybe you inherited some coins from your grandparents and want to know if you can sell them. Nevada Coin Mart is the best place to sell your coins. Coins have an intrinsic value, especially if they are made of precious metals like gold and silver. 

Why Sell Your Coins?

Pawning is an old practice where you take something valuable and give it as collateral to a broker to get or loan cash. And this comes with certain obligations like paying back the interest on the cash loan in a certain number of days, 30 days, for example. Plus, you get a high value when selling because coin buyers take into account the coin’s condition and collectability.

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

Pawn Coins: Value

When you pawn your coins to a pawn shop, you only get cash from the coin’s metal value, and that’s that. You also get a tiny amount if it’s not in your best interest to pawn your coin. On the other hand, when you sell your coin, you get the bang for your buck. Here’s how coin buyers like Nevada Coin Mart evaluate your coin for its value.

  • The spot price of the precious metal in your coin
  • Condition of coin
  • Year minted
  • Mintmark

Coin buyers like us use a non-invasive state-of-the-art Thermo Scientific Niton X-Ray Spectrometer to accurately analyze and measure precious metal contents in your piece, and this will ensure that you get top-dollar for your items. 

Coins We Buy

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

  • American Eagles
  • Krugerrands
  • Buffalo Nickels
  • Indian Heads
  • Half Cents
  • Liberty Quarts
  • And all other types of coins

Bring your coins today for a FREE evaluation, and when we buy your coins, get paid in cash! You can also request for a free quote online!

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Gold

Pawning Gold VS Selling Gold in Las Vegas

Gold is one of the most widely traded commodities in the world today. And one of the quickest ways to get cash is pawning gold, whether in the form of jewelry, coins, bars, or nuggets. Gold in any form is one of the best investments one can make. And in this article, you will learn about how much gold is worth at a pawn shop and selling gold to a pawn shop.

Pawning Gold: Process

Gold is one of the best and most easy investments one can make. No, you don’t have to own huge quantities of gold bars. Gold can come in many different forms, and the most common form is jewelry. When it comes to quick cash, a lot of people usually turn to pawn shops as a means of turning their gold or other items into money. Others prefer just to sell their gold for a better price. So which one is better?

What is Pawning?

Pawning is a centuries-old practice of turning an item in for quick cash. It is seen as a sort of a “safety net” when getting cash. Here’s how it typically works: if you want to pawn your gold, whether in the form of jewelry, bars, or coins—you bring it to a pawn shop. Then the pawn broker makes an offer, or you make some negotiations, and they give you cash. There is usually an agreement that you pay back the cash with interest and fees within the next 30 days. If you fail to pay back the cash, the broker now owns your item and has the right to sell it to buyers.

Why Selling is Better Than Pawning Gold

In many cases, selling is a better option than pawning. With selling, you get better rates, and you won’t have to bother with paying back the cash plus the interest. However, if you plan on pawning your gold and have no plans of getting your item back, it is better to sell it. And if you have decided to sell instead of pawning your gold, it is better to approach gold buyers like Nevada Coin Mart instead. Gold buyers pay higher than pawn shops.

How Much is Gold Worth

The price of gold is generally based on its weight and purity. So when you pawn or sell your gold, brokers or buyers will typically weigh your item and then look at its purity. Gold’s weight is measured in troy ounces (1 troy ounce = 31.1034768 grams), and its purity is measured in karats, the ratio of pure gold to other metals represented by a number from 9 to 24. The higher the karatage, the purer the gold. For example, a 24-karat (24k) piece o jewelry is considered pure gold. 

 At the same time, lower karat pieces have a lower gold content. Below is a guide for understanding gold purity.

  • 9-karats (9K) = 37.5% of gold purity
  • 10-karats (10K) = 41.7% of gold purity
  • 12-karats (12K) = 50.0% of gold purity
  • 14-karats (14K) = 58.3% of gold purity
  • 18-karats (18K) = 75.0% of gold purity
  • 22-karats (22K) = 91.7% of gold purity
  • 24-karats (24K) = 99.9% of gold purity

It is also important to take note that the price of gold changes daily as it is a volatile commodity. To understand the price of gold, you may refer here

Pawning Gold Today? Sell Them Instead

Planning on pawning your gold items? Sell them instead! Sell your gold to Nevada Coin Mart, and we will happily assist you with earning quick cash! We offer the best prices in the industry, and we ensure that you get the best offer by using a state-of-the-art Thermo Scientific Niton X-Ray Spectrometer to accurately analyze and measure precious metal contents in your piece.

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

Brief Background

Gold is a naturally occurring metal that has a bright yellow-orange hue. It is soft, malleable, dense, and ductile—a metal’s ability to be able to be deformed without losing toughness or without becoming brittle. Gold is usually found as nuggets in rocks, veins, and alluvial deposits. 

Gold is a rare element and is considered a precious metal that has been significant in human history. It has had many uses since its discovery, such as in jewelry, coinage, and art. Civilizations such as ancient Egypt have used gold in their artifacts since the 5th millennium BCE. Ancient Egyptians have also described gold as “more abundant than dirt,” which explains the abundance of gold artifacts from ancient Egypt. 

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Watch

Pawn Watch or Sell It to the Best Buyer in Las Vegas

At a time when smartwatches are gaining popularity, luxury watches are still very much in demand. Luxury watches are also seen as an investment as they usually last a lifetime and can be passed down to the next generation. In this article, learn about selling watches to pawn shops and how much a watch is worth when you sell them.

Selling Watches to Pawn Shops

Luxury watches fetch very high prices when bringing them to pawn shops. However, you’ll get a high value when you sell your watch instead of pawning them. Watches with well-known brands like Rolex, Patek Philippe, Audemars Piguet, Breitling can get you at least $1000 when you sell them.

Why is Selling Better?

When you pawn your watch, you get a lower price and a high-interest rate when you want to get your watch back. Therefore, chances of getting your watch back and paying the loan amount plus the interest are quite low. On the other hand, when you sell your watch instead of pawning it, you get a higher amount of cash, plus you don’t have to worry about paying back the interest.

What’s good about selling is that watch buyers don’t pay for the brand name but the overall value—which will be discussed in another section of this article. 

Pawn Watch: Process

Watches, especially luxury watches, fetch a very high value. And more people are investing in luxury watches, not only for their functionality but also for their beauty, history, and quality. And unlike smartwatches, which need constant charging and software updates, traditional watches last a long time, and some last even a lifetime. So to answer that question, yes, pawn shops buy watches. But pawn shops will only get to own your watch when you cannot pay back the “cash loan” plus interest. So the best option is to sell it to your local dealer like Nevada Coin Mart to get the full value of your watch.

To sell your watch, visit us at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103, or call us at 702-998-4000.

Pawn Watch or Sell for Better Deals

So, you want to know how much is your watch worth? Below are the factors that play a role in determining your watch’s worth.

  • Brand – Brands like Rolex, Audemars Piguet, or Patek Philippe fetch a very high value as they are considered luxury watches. Non-luxury watches like Citizen or Casio fetch a smaller value than their luxury watch counterparts.
  • Condition – If your watch is in good condition, it fetches more value than if it looks rundown and has scratches.
  • Model – Rarer watch models are more valuable than common ones. 
  • Serial Number – Similar to watch models, some serial numbers are significantly more valuable.
  • Movement – Automatic or mechanical movement watches are more valuable than ones with a quartz movement.

These factors are very important in determining your watches’ worth and will also help you get more cash.

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Reference

https://diamondblanc.com/insider-news/pawn-a-rolex/

 

Silver

Pawning Silver? Sell It to Vegas Buyers Instead

Silver is more popular among men as it allows them to display a certain level of wealth and is easy to style and wear. As an element, it is the best conductor of electricity, among others. Silver has now become just as desirable as gold. In fact, selling silver is now one of the fastest ways to earn cash. However, some individuals still prefer pawning silver, not knowing that they don’t get the full price for the value of silver when they pawn. If you want to know the best buyer of silver in Las Vegas, then this article is for you. 

Value of Silver Today

Generally, the value of a silver item depends on its size, weight, and actual silver content. Silver is a highly malleable and ductile element. So, when silversmiths use silver in crafting an item, they have to use other base metal alloys to help the item retain its form. Today, the price of silver is measured in ounces. To measure silver, you’ll have to convert its weight from grams to ounces. An ounce of silver would typically be around 28.35 grams. You can click here to get an idea of how much the spot price is for silver. These are just some details you ought to know first before selling your silver. Strive to sell instead of pawning silver if you want to get the most out of it. 

Pawning Silver? 

Pawn shops focus on providing quick loans for their customers. To get a loan, customers must provide collateral, which protects the lender’s interest. And it is essential to know that pawn shops do not accept any item as collateral. As you can see, you can only pawn silver at most pawn shops. You may find a pawn dealer that works as a silver buyer, too, but doing so would be challenging, especially in Las Vegas. If you want to sell your silver, you can bring it to a reputable silver buyer instead.

Read Before Pawning Silver

Why pawn your silver when you can sell them instead? Pawn shops offer loans with very high-interest rates, even higher than banks. In this system, you end up paying for more than you gain. In the end, once you pay off your loan, you only get back your item and nothing else. Moreover, pawn shops do not have experts on silver and other precious metals like gold. They can’t assess your silver accurately, so they end up merely assigning a price for your silver. When this happens, you can never be sure if you get a price that matches the actual value of your silver. 

Sell Your Silver Instead

Most pawn shops use destructive methods such as the scratch test to determine if their customers’ silver is real. Scratch tests can easily damage a silver item and cause loss of actual silver content when done carelessly and incorrectly. When your item loses silver content, its value decreases. Meanwhile, at Nevada Coin Mart, we have proper systems and procedures to test the quality and genuineness of silver items. We also use state-of-the-art Thermo Niton X-Ray Spectrometer and Precious Metal Verifier Kits to test our customers’ items. Our technology easily makes us the best silver buyer in all of Las Vegas, including silver coins and silverware

We are also home to experts on silver who are knowledgeable in understanding the actual value of your silver. With this, we can guarantee the best deals for your silver items. You check out our only store at Nevada Coin Mart® 4065 S. Jones Blvd., Las Vegas, NV 89103. You can also call us at 702-998-4000 to talk to one of our silver experts today. Here’s a list of the silver items we are looking for:

  • Silver Bullion
  • Silver Jewelry
  • Silver Watches
  • Silverware
  • Silver Dollars
  • Silver Scraps
  • Antique Silver
  • Junk Silver

Brief Background

You can extract silver from silver ores which you can mine near the Earth’sEarth’s surface through open-pit and underground methods. The extraction of silver from silver ores may be one of the most challenging aspects of mining silver because silver and its host rocks can sometimes be pretty hefty. 

Silver is a beautiful and lustrous white element that people value for its decorative beauty and electrical conductivity. As a precious metal, people can use it in jewelry, coins, ornaments, and even electronic parts. It is widely distributed in nature; however, the total number of silver is actually small when you compare it to other metals. Overall, silver constitutes 0.05 part per million of the Earth’sEarth’s crust. 

Diamonds

Pawning Diamonds VS Selling Diamonds in Las Vegas

A diamond is a brilliant little gem that you can find in nature. It is a mineral that occurs naturally when carbon deposits within the earth encounter high temperatures and pressure. Some say they are less rare than gold; however, people are still willing to pay more for diamonds. For this reason, selling your diamond has now become one of the fastest ways to earn cash. Pawning diamonds may be a tempting way to loan some money, but pawn shops tend to take advantage of their client’s urgent need for cash. If you plan to pawn your diamonds, try bringing them to a certified diamond buyer first to see the difference. 

Value When Pawning Diamonds

It costs to bring them into the market and has a limited supply. Hence, people want to get their hands on diamond items as much as possible. Anything diamond can last a lifetime if you take good care of them and store them properly. If you wish to sell your diamonds, it is crucial to understand the value of diamonds first. This way, you can avoid cheap offers and score the perfect price for your diamond. 

Pawning Diamonds

Usually, people pawn diamonds to get a short-term loan when they need cash fast to get them through a difficult time. Such challenging times may involve paying credit card bills or even medical emergencies. Although they provide a quick solution to monetary problems, you should try to avoid pawning diamonds for several reasons. 

Firstly, pawn shop dealers are not experts on items. This is why they take in almost anything. They do not have expert gemologists who know and can explain the value of diamonds. Pawn shops merely assign a value to it without having a clear basis and process. When this happens, you can’t be sure if the price they offer you is what you truly deserve. 

Second, people who rely on pawn shops for quick loans usually do not qualify for good bank loans. Pawnshop owners take advantage of this and exploit their clients by giving an offer with higher interest rates than a bank would. Once you pay off your loan, you only get back the item you pawned. You end up paying more than what you gained. 

Lastly, when you accidentally forget to pay off your debt, you end up losing your item. In essence, you’ve just sold off your diamond for a low price. The pawn shop will sell your diamond later on for a higher price, making a considerable profit off of your forgotten loan. 

Sell Diamonds Instead

If bringing your diamonds to a pawn shop is bad, where should you take them?

Sell your diamonds to licensed buyers like Nevada Coin Mart. We have proper evaluation processes and systems that we use to determine the actual value of diamonds. With these, you can be sure that we give you the best deals that match the actual value of your diamonds. 

Once you decide to sell your diamonds, you don’t have to worry about paying anything constantly. Also, unlike when you pawn diamonds, selling is way easier and more convenient. 

Plus, our team of expert diamond buyers does not seek to buy items at reduced prices. This is far different from pawn shops that give a horrible cost-to-benefit ratio. Besides, not all pawn shops accept diamonds, as diamonds aren’t really that rare. Most of them only deal with gold and silver, so if you want to save energy, effort, and time, sell your diamonds to a buyer instead. Better yet, sell them to Nevada Coin Mart, the best buyer of diamonds in all of Las Vegas. 

#1 Buyer of Diamonds

Nevada Coin Mart has been buying diamonds and jewelry for over 25 years. We have helped millions get the best deals for various items and collectibles. Our team pays cash up front, so dealing with us is never a hassle. We also allow clients to watch as we test their items like silverware and gold coins to help keep their minds at ease. Pawning diamonds may be a good option, but selling them is a better way to get a good deal. You can visit us at our only store: Nevada Coin Mart® 4065 S. Jones Blvd, Las Vegas, NV 89103. You can also call us at 702-998-4000 if you want to talk to one of our expert diamond dealers today. Here’s a list of diamond items we are looking for:

  • Diamond Jewelry
  • Diamond Watches
  • Loose Diamonds
  • Certified Diamonds
  • Diamond Rings

Reference

https://pawnbrokernetwork.com/should-i-sell-my-diamond-at-a-pawnshop/

 

 

Jewelry

Why Sell Jewelry to a Pawn Shop? Sell Them to a Vegas Buyer

Sell it to Nevada Coin Mart instead to get better prices and deals. We are home to CIA graduate Gemologists equipped with knowledge in identifying your items. This way, we can give you the price that your items deserve. When you sell jewelry to a pawn shop, it can sometimes be impractical. Since most of them use harsh chemicals and destructive processes to test and see how much your items are really worth. If you want to know more about why selling jewelry to a Gemologist is better than pawning, we recommend you read on. 

Value When You Sell Jewelry to a Pawn Shop

Many bases can influence the value of a jewelry item. But essentially, its precious metal content dictates most of its cost. When you sell your jewelry, a jewelry buyer will consider various factors, so take your time in analyzing your item before selling. Here are a few points you should cover:

Material

Your jewelry may or may not contain precious metals. Of course, fine jewelry is more expensive than costume jewelry since the former contains more gold than the latter. The higher the purity of your jewelry’s metal, the higher its value. Moreover, if your jewelry has gemstones, it only makes sense that your item will cost more if the gems are genuine. Natural diamonds will always be more expensive than zirconia, even though they shine equally bright. 

Hallmarks

Hallmarks signify a maker’s mark or brand. Most fine jewelry will have hallmarks, but certain mid-range jewelry items can also have them. If your jewelry has hallmarks, your buyer will know its brand and maker. If the brand is known to be expensive or extremely rare, you can expect a good offer for your item. 

Condition

If your jewelry is well-maintained, it will last long. Obviously, broken jewelry is unwearable, and damaged ones will require some fixing, which comes at an additional cost. So, if you sell jewelry that is in good condition or looks rather new, then it should be given a fair price. 

Avoid Selling Jewelry to a Pawn Shop

Most jewelry carries precious metal contents like gold and silver. They also have base metals like copper and nickel. To test the true amount of precious metals in your jewelry, cheap pawn shops use scratch tests that can lead to material loss. Your jewelry can lose some gold and silver particles during this process, which can lessen the offer you get. This often happens when you pawn precious jewelry. 

Meanwhile, we only use non-invasive ways to test items at NCM. For this process, we have a state-of-the-art Thermo Scientific Niton X-Ray Spectrometer, which helps analyze items easily and accurately. Thanks to our expert process, we can give clients a fair price for their precious jewelry items without damaging any of its components.

Where to Sell Jewelry Aside From Pawn Shop

Stop looking for cheap pawn shops that buy jewelry at a low price. Instead of going out of your way to sell jewelry at a pawn shop, sell them at Nevada Coin Mart, where you are guaranteed the best deals for your precious items like diamonds and coins. Our staff consists of professional buyers who know and understand the true value of your jewelry. Bring your jewelry to our shop and talk to our experts today. Visit us at Nevada Coin Mart® at 4065 S. Jones Blvd Las Vegas, NV 89103, or call us at 702-998-4000 to talk to our expert buyers. Our team is looking forward to acquiring various jewelry items such as the following:

  • Earrings
  • Necklaces
  • Bracelets
  • Brooches
  • Rings

What is Jewelry

Jewelry is an object that humans use to adorn their bodies and express their taste and individuality. Modern jewelry often has gold, silver, diamonds, and other precious items. On the hand, prehistoric jewelry would often have items from nature. These items include shells, animal teeth, and even leaves. Necklaces, bracelets, anklets, rings, and earrings fall under the jewelry category. You can attach these items to your body to elevate your look and add depth to your overall appearance. 

Reference

https://www.cebuanalhuillier.com/pawning-101-everything-you-need-to-know-before-buying-jewelry-at-a-pawnshop/