Sell Gold Rounds to the Best Buyer in Las Vegas & Henderson, NV
Gold rounds are pretty similar to gold coins – precious metals that come in the form of a circular disc. However, one major between gold rounds and gold coins is their manufacturer. Gold coins are a product of sovereign or government-run mints. Ergo, gold coins usually end up having higher premiums. On the other hand, gold rounds are from privately-owned mints. Additionally, even though gold rounds are not legally issued by any government, they are very much legal and remain a tradable commodity due to its hefty gold content.
Moreover, private mints do not have the authority to assign face value to any coins. As a result, people cannot use gold rounds distributed by private mints as a form of currency. Business establishments cannot accept gold rounds in exchange of their services or products since gold rounds do not carry any face value. Also, institutions and clinics cannot acknowledge gold rounds as payment for taxes, debts, and retirement plans because such rounds are not actually legal tender.
Value of Gold Rounds
Private mints manufacture and distribute gold rounds mainly as bullion items. Sometimes, private mints create and release gold rounds to commemorate certain historical events during an era. This results in special edition rounds. Inevitably, collectors and potential buyers value limited edition gold rounds higher than the common ones. Private mints simply encourage enthusiasts to collect gold rounds and use it to store and freeze the value of their hard cash. For this purpose, the varying amount of gold in different gold rounds is ideal. Obviously, having a high gold content makes a gold round even more valuable.
Moreover, gold rounds usually have more intricate, interesting, and delightful designs because they do not have to bear certain figures like its issuing year and face value. This “freedom and space” allows for more adventurous designs that never fail to tickle the public’s fancy. As a result, gold rounds with rare and unique designs gain more interest and are therefore entitled to a higher value. In fact, such rounds have now become a recurring trend among investors and collectors that like to put their collection-slash-investments on display.
Ultimately, there is a wide array of factors that buyers and sellers take into consideration when selling a gold round and establishing its value. These factors are usually very subjective, which means that what one person considers as a valuable characteristic does not necessarily apply to someone else. However, there are a few basic facets of a gold round that will always affect a round’s value. Below is a list of these characteristics:
- Gold content
- Design, Edition, Date
- Physical condition
- Prominence of details in design
- Luster and appeal
- Desirability and supply of the gold round
We Buy Gold Rounds
Nevada Coin Mart continues and remains the #1 buyer of gold rounds in Las Vegas and Henderson, Nevada. We offer the best selling transaction you could ever hope for from a highly reputable establishment. This is made true, especially with the free quote or in-store evaluation that we can render as part of our services in making sure that you get a fair price for your top-dollar items.
Customer service is top-notch at Nevada Coin Mart. With our staff members and experts’ help, we ensure that our customers and clients receive a competent and excellent delivery of our services. Also, our reputation is strongly founded by the recognitions and accolades we received from award-giving bodies. These include the Best of Las Vegas awards sponsored by the Las Vegas Review-Journal and the 2020 GOLD in the Gold & Rare Coins category.
You are definitely at the right place to sell your gold rounds and other precious items. Hurry now, and don’t keep your precious items sitting. 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.