Buying Scrap Gold, Silver and Platinum

Northern Nevada Coin, located at 601 N. Carson Street in Carson City, is not only the area's leading buyer of rare coins, but also of all forms of gold, silver, and platinum. Visit our showroom today, or if you are outside the Carson City area, please call us at 1-888-836-5527 to discuss how to mail your material here safely.
GOLD	SILVER	PLATINUM
Jewelry, even if broken!	Flatware sets	Jewelry
Dental and Nuggets	Jewelry	Scrap or Industrial
*Coins -U.S. or Foreign	*Coins -U.S. or Foreign	*Coins -U.S. or Foreign

*Rates for undamaged coins are much higher than scrap rates so make sure you show us what you have.

If you have something that is not on the list but is made of gold, silver, or platinum call us, we will buy it!

How we buy it. . .

• We look for markings (10k, 14k, Sterling, .925, etc.)
• We weigh the items.
• We test for karat or purity, to get the actual metal content
• We use electronic gold testers and/or testing acids**
• Sometimes an item must be filed*** to obtain an accurate test reading.

**If an acid test is required discoloration may occur.
***Filing may change the aesthetics of your item. If you do not wish for us to file an item, please do not send it to us through the mail.

What we pay...

When buying gold scrap we pay 80% of the contained value of scrap gold. Silver and platinum will be between 60-80% depending on what form it is in and what kind of quantity you may have. If you have lots that total more than 10 ounces of pure gold, please discuss your rate with us.

If you've seen ads running on T.V., please do not be deceived. You might hear things like, 25% more cash or even super high percentages like 98%, but if you break these ads down you will see why we are probably your best bet.

The 25% more ploy is where they offer 25% over their standard buy. Ask yourself what is 25% more of 30%? Really only 37.5%... not that much.

The 98% ploy is to actually pay 98%, but charge hidden fees in order to make profit. If you had $500 worth of gold 98% would be $490. But if you have to pay an assay fee of $40, a melt fee of $250, and a shipping $25, the $490 minus the $265 in fees nets you a mere $225. (Which is really only 45%). Compare that to our $400 cash in hand price!

Gold Price Comparison
Northern Nevada Coin	The 25% more cash offer	The 98% ploy
NNC offers 80% of melt everyday.	Still only 37.5% of melt.	Just 45% of melt after fees.

Reminder: Our rates for undamaged coins are much higher than scrap rates, so make sure you call us with what you have.

Frequently asked Questions:

Do you buy gold plated material?
No. We are not after plated material. Things marked rolled gold, warranted, guaranteed 25 years, 1/20th or 1/10th 14K, he, G.E., or plated are not of interest to us.

Will all the gold I sell you be melted?
We will try to re-sell some of the more exceptional items. However, in this economy, not as many people are buying jewelry as are selling it. We realize that sentimental value can be important to you, so we do wish to give others the chance to start their own sentiments with some of these pieces.

Why are silver and platinum rates lower?
Platinum melts at much higher temperatures and refining costs are much higher. Silver on the other hand is much bulkier for the same amount of value. $10,000 in gold is only about ten ounces, $10,000 in silver is about 35 pounds!

What about stones set in my jewelry?
Generally our company is not interested in stones. If you have a special stone set in your jewelry that you wish to keep we can try and remove it for you, or you can pay to have a jeweler remove it. We may determine a price for diamonds larger than one carat with exceptional quality, however, we are typically not interested in other stones.

Wouldn't I do better if I sold directly to a refiner?
Lot charges, melting fees, assay fees, treatment charges, and other fees often apply. If you have a small amount of gold, (under 10 ounces), most of the value may be eaten up in fees. If you have larger amounts, you can use our experience and contacts to help you get the best deal. We have worked with a number of refiners and know the ins and outs of that side of the business. Some refiners are better than others. Unless you are refining in large quantities, on a regular basis, going through us will most likely be your best bet.

Reminders

• We pay 80% of the melt value for gold
• If you have 10 or more ounces of pure gold, please call us to discuss your rate.
• Rates for undamaged coins are much higher than scrap rates so make sure you show us what you have