Gold Bullion Coins

Sell gold coins to the # gold coin buyer in Las Vegas & Henderson, NV. Nevada Coin Mart has the best gold coin price in the entire Las Vegas and Henderson area.

How to Sell Gold Goins

You’re probably asking yourself “how do I sell my gold coins?”. You’ve come to the right place!

Gold Coin Buyer

Nevada Coin Mart is a 12-time winner of Best of Las Vegas awards sponsored by the Las Vegas Review-Journal. We also recently won the 2020 GOLD in the Gold & Rare Coins category for three consecutive years! Rest assured that we give the best deals in town!

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

Gold Coin Price

The price of a gold coin is determined by these factors:

  • collectability
  • rarity
  • weight in ounces
  • the spot price of gold

To find out how much gold bullion is traded for today, please click on the link below for more information. Make sure you use the US market as your reference.

https://www.kitco.com/charts/livegold.html

Overview

Gold coins are mostly made from gold. Most of them have been minted since the 1800s and are made from 90-92% of fine gold. Gold coins were used as currency until the 1930s, when the minting stopped due to a global economic crisis.

History of Gold Coins

Gold coins were used in trade since the Bronze age in many ancient civilizations. However, it was only in the 6th century BCE wherein the coinage was officially established in Anatolia, present-day Turkey. The creation of gold coins is credited to King Croesus of Lydia. However, the Parian Chronicle says that Pheidon of Argos was its inventor.

Gold coins also found their way to various parts of the world. The Chinese were said to have minted their earliest gold coin, the Ying yuan. The Ying yuan are coins that consist of different sizes of gold sheets that are 3-5 mm thick.

In the 20th century, the use of gold coins fell into disuse. In 1933, the use of gold coins as currency was seized as countries switched to other metals for minting currency because of gold hoarding during the Great Depression. 

Bullion Coins

Gold bullion coins are a type of coins made mostly from precious metals. They are typically made from 99% of pure gold. These coins are valued by their purity or fineness and their weight rather than their face value. 

Today, most gold coins are mainly used as investments to safeguard against inflation or as an asset that can be exchanged for cash when the right time comes. Bullion coins are still considered legal tender meaning they can be used for payment of taxes and debt.

Some countries also have their own official bullion coin. Read more about gold bullion coins.

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