Sell Silver Coins to the #1 Buyer in Las Vegas & Henderson, Nevada
A silver coin is a piece of precious metal that is struck and formed into a coin. It is considered the oldest mass-produced form of coinage, with its first production tracing back to the Greek times. With this historical value, silver coins are believed to be one of the most sought-after bullion collectibles for portfolio investment among many coins and other precious metals enthusiasts.
The first silver coins were struck in the kingdom of Lydia in Asia Minor in 600 BC. These coins were minted within the Lydian empire and were made from an alloy of gold and silver called electrum. The first silver coins used by the human race were struck around 600 BC by the Lydian Empire. The popularity of the process of coinage at that time was made possible through the stamping chunks of metals with a specific weight.
This notion caught the attention of the neighboring territories, which were believed to have been inhabited by the Greeks. They used silver coins as their basic commodity for trade. In fact, these coins were easily tradable and very liquid, costing relatively low in terms of buying and selling price or value of a silver coin to a silver coin buyer. Eventually, these coins were used to exchange goods with other Greek territories throughout the Mediterranean Sea until it became more popular in trade and commerce.
Moreover, the antiquated Persians utilized silver coins between 612-330 BC. British pennies were also made of silver sometime before 1797. In ancient times, saving silver coins was one of the most common practices of storing one’s wealth. Later on, government mints produced silver bullion coins for sale to investors. These historical events made it possible for silver coins to be considered the most seasoned mass-delivered type of coinage. Today, people sell silver coins in consideration of the silver’s spot price for a fair business transaction.
Silver Coin Value
Silver coins carry a face value ranging from one cent to one dollar. It also has a legal tender status, making it officially utilized for payment of debts and taxes. Any issuing government of silver coins always makes sure of the weight and level of purity to avoid counterfeiting schemes today.
While some silver rounds and bars have the same weight as silver coins, the latter are still deemed generally the most expensive for governments typically mint them. The higher premiums that come with silver coins called “seigniorage,” which governments charge for their coins, made these silver coins expensive.
Today, modern silver coins contain a purity of 99.9% (.999 fine) or more. Most silver coins weigh one troy ounce. These characteristics have become the informal standard in silver coins to make maintaining and tracking silver coins easier.
Along with this are the factors that determine the price of a silver coin. These include rarity, demand, condition, and the number of coins originally minted. Knowing the current spot price of silver is also a determining factor of the silver coin’s value. This means that the silver coin’s price is generally dictated by its spot price rather than its face value.
This is why if you wish to sell any silver coin of your possession, it’s best that you keep abreast of the pricing trends of silver and the factors that might influence it, including the current market trends and expected future prices. Learn more about the spot price of silver coins here: https://www.kitco.com/charts/livesilver.html
Best Silver Coin Buyer
Nevada Coin Mart is the #1 silver coin buyer in Las Vegas and Henderson. Licensed by Clark County, we are authorized to legally buy jewelry from the general public. We can give you a free quote or in-store evaluation for your silver coin item in person using a state-of-the-art x-ray spectrometer. This way. we ensure that you receive top dollar for your items. We are the best dealer of silver coin items that has transitioned into the modern technology age combined with the aim of providing the highest possible cash offerings and the best customer service.
Best Place to Sell Silver Coin
Nevada Coin Mart is definitely where you should sell your items especially for the best price of silver coins! We remain to be the #1 dealer of silver coins and other precious metals of your keeping. We have won the Best of Las Vegas Awards given and recognized by the Las Vegas Journal Review 12 times already. We pay the most cash for the price of the silver coin that you are willing to sell.
We are open 365 times a year, from 9 am to 6 pm. Visit us at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103, or call us up at 702-998-4000. You are absolutely at the right store with the best customer service for a worthwhile transaction of your silver coin items.
We Buy All Sorts of Silver Coins
Right now, there are a number of silver coins that circulate the market. If you happen to have one of the following, you can sell them to Nevada Coin Mart to earn cash up-front:
- Mexican Silver Libertad
- Chinese Silver Panda
- American Silver Eagle
- Canadian Silver Maple Leaf
- Australian Silver Kookaburra
- Australian Silver Kangaroo
- British Silver Britannia
- Austrian Silver Vienna Philharmonic
- Russian George the Victorious
- South African Silver Krugerrand