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Where to Sell Gold in Las Vegas, NV

Gold is a valuable asset in any form. Civilizations have recognized the rarity and beauty of this precious metal for centuries. If you’re looking for a time-tested investment that can withstand financial collapse or geopolitical turmoil, this is it. Individuals who have gold on hand possess a convenient source for monetary exchange. Whether you need cash fast or are just diversifying your holdings, gold can easily be exchanged for money to give you the resources that you need to meet your goals.

When To Sell Gold

Sell Gold in Chicago

The best time to sell gold is when its price is high. Gold is always a valuable asset, but its spot price does fluctuate. You can monitor the spot price of gold online to track its current value and evaluate the latest trends. Ideally, you’ll buy gold when the rates are low and sell your gold when the price is at a notable high, giving you a great return on your investment. However, you may also choose to start selling gold for other reasons.

Gold can provide a ready source of cash. You can’t pay your rent or buy groceries with gold. If you’re facing financial difficulties, you may be able to turn things around by selling some of your gold. 

You may also choose to sell gold to diversify your investment portfolio. It’s good to invest in gold because it has a very low correlation to other assets like stocks and bonds. However, you don’t want a portfolio that’s comprised entirely of gold, because this makes you reliant on a single asset and robs you of the opportunity to potentially benefit from other types of investments.

The Value of Gold

The price of gold tends to increase with inflation. As the value of the dollar drops, the value of gold goes up. Gold is seen as a powerful hedge against turbulent economic and geopolitical climates. The value of gold has stood the test of time. It’s a finite resource that can’t be manufactured at will like paper money. This precious metal is recognized worldwide as a valuable resource, which means it can easily be converted into nearly any currency. All of these factors will naturally increase the price of gold in times of uncertainty. 

What Type of Gold To Sell

Gold comes in many different forms. The type of gold that you have will play a big role in determining the asset’s actual value. 

Gold Bars

Gold bars are fairly straightforward. Their value is based on their purity and weight. A 1-kilogram gold bar is the most common, but you can find bars as small as a gram and as large as 400 ounces. Gold bars are the most valuable type of gold that you can invest in, so it’s important to store them securely. You may want to keep your gold bars in a safe deposit box or other insured location outside of your home. If you do keep gold bars in your home, make sure they’re well hidden and properly insured.

Gold Coins

Several factors go into the value of a gold coin. Their size and purity certainly matter, but there’s more to consider. Some gold coins are difficult to find. If you have a rare coin, it will naturally have a much greater value than a common coin of the same weight and purity. 

The condition of the coin is a prime selling point as well. A coin in mint condition has far greater value than one that’s worn or damaged. Gold is a soft metal, so it’s important to protect and store your gold coins carefully so they’ll retain their value over time.

Gold Jewelry

Determining the value of gold jewelry is very tricky. This task is best left to a skilled professional who can thoroughly evaluate the item. The type, weight, and purity of the gold are all factors. This will determine the melt price of the jewelry, which is the amount that someone would get for the gold alone if they melted down the jewelry and sold the precious metal. 

Your gold jewelry may be worth far more than the melt price, however. If you have a finely crafted piece, the time and skill that went into making that item will increase its value. Gold jewelry also increases in value if it features other elements like fine stones. As with coins, the condition of the jewelry will play a big role. You can sell gold jewelry in any condition, even if it’s broken or in unusable pieces. However, jewelry is worth more when it’s intact, well cared for, and beautifully preserved.

How To Sell Gold

In order to sell your gold, you must find a reputable buyer. Look for a company that’s been operating for a long time. Gold buyers who aren’t trustworthy won’t stay in business for long. You can check Better Business Bureau ratings, online reviews, and certifications to evaluate the company’s reputation. 

A reputable gold buyer is highly knowledgeable about the overall gold market and the individual pieces you have to show them. Look for a gold buyer who specializes in the item at hand. Some companies focus on buying and selling gold bullion, while others specialize in evaluating the complex value of gold coins and jewelry. Get several offers before you decide where to sell your gold. This information gives you a valuable bargaining point when you make the final sale and gives you the peace of mind of knowing you’ll get the best price for your gold.

Value Your Gold at Las Vegas Jewelry and Coin Buyers

Las Vegas Jewelry and Coin Buyers is one of the best-known gold buyers in the Las Vegas area. You can bring in scrap gold, gold bullion, coins, and jewelry for a valuation and cash offer. You’ll get a knowledgeable estimate of the value of your gold and a highly competitive price should you choose to sell with us. Visit us today to learn more and to get the process started.

Pile of gold bullion coins and bars by Zlaťáky.cz is licensed with Unsplash License 

Serving Las Vegas and the surrounding communities.

  • Henderson
  • Summerlin
  • Boulder City
  • Green Valley
  • Anthem
  • Spanish Trails
  • Lake Las Vegas
  • Sun CIty
  • Mesquite
  • Pahrump
  • Laughlin
  • St. George, Utah


1405 W Sunset Road, Henderson, NV 89014
(702) 547-1670

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