We Buy Coins

Northern Nevada Coin specializes in buying silver dollars, gold coins, Carson City coins, complete collections, estates, hoards, investment holdings, coins from collectors, coins and bullion from investors, and other coin dealers.

At Northern Nevada Coin we service clients nation wide and are always looking for coins and related material to sell our customers. Having a nation-wide client base, we know where to get the most for our coins. What does this mean for you? It means that we can get you the most for your coins as well. This allows us to pay you more for what you own. At Northern Nevada Coin we operate on the principle that it is better to buy larger quantities of coins/bullion and make smaller percentages than buy fewer coins and make more per item. This simple philosophy has grown our business, made us prosperous, and put more money in the pockets of our clients.

Why Northern Nevada Coin?

Credentials:
-Member of the Professional Numismatists Guild: a leading organization in numismatics that has a strict code of ethics and promotes the industry under the nomenclature of "Knowledge. Integrity. Responsibility." PNG dealers are often seen as the elite coin dealers of the industry, and we are proud to be among the few. Visit www.pngdealers.com to find out more about this organization and why it is so important to our industry. Allen Rowe is member #634 and is one of only three members in the entire state of Nevada (3/15/06).

-Three lifetime members of the American Numismatic Association: Yes we support the largest numismatic organization in the country and have three employees that are lifetime members. The ANA is one of the largest proponents for rare coins in the U.S. and if you are a beginning to serious collector we invite you to join. You can search us out or join by going to www.money.org Make sure to let them know that we referred you. Allen Rowe LM, Aaron Ware LM, and Roy Semmens LM

-PCGS and NGC authorized dealers: The two leading third party grading services are PCGS and NGC. We are proud to be authorized dealers of these two fine numismatic companies (PCGS dealer #1078, and NGC dealer #1298). We invite you to find out more about these companies or just go there to find Northern Nevada Coin. www.pcgs.com and www.ngccoin.com. We are also authorized submitters at ANACS, ICG, PMG, PCGS Currency, and NCS.

-A Better Business Bureau company: Northern Nevada Coin joined the BBB in June of 2003 (when we began to retail coins rather than just selling wholesale) to assure our customers that they are dealing with a reliable company. We invite you to check our record and look forward to you having confidence when dealing with us. BBB online reliability program.

-Members of many other various numismatic organizations:Northern Nevada coin supports many other organizations in the industry as well as the ones we separated out earlier. Here are some of the networks, clubs, and organizations we are members of or affiliated with: CCE (Certified Coin Exchange-Facts), Coinnet, ICTA (Industry Council For Tangible Assets), CSNS (Central States Numismatic Society-Allen and Aaron are life members), FUN (Florida United Numismatics, Inc.), and the Reno Coin Club.
Northern Nevada Coin incorporated in Reno, Nevada August of 1993 and moved to historic Carson City in 1998. We own the building we are in and plan to serve our community and numismatics for years to come.

What about auctions? Aren't traditional auction houses the best place to sell coins? In most cases no! Yes, on occasion an auction will bring way too much for a particular coin, but in most cases the coins or collection is better sold by private treaty to a reliable party. Look at the bottom line. If your $20 gold piece brings $1100 in auction and we are willing to pay $1000 for the same piece our buy price is better. At auction you not only lose the sellers fee (usually 5%) but also the buyers fee (15% in most cases). That $20 gold that brought $1100 nets you only $888.25. $1100 minus buyers fee of 15% = $935.00(1100x.85). Then $935.00 minus sellers fee of 5% = $888.25(935x.95). On top of that you now must wait 45 days for final payment. Sounds like a lot less than the $1000 we would pay today! 11.25% less in this case, and 11.25% is a big part of your investment or value. Auction companies often provide dreamy estimates and yet bring bargain basement prices compared to what you could have received from us.

What about online auctions? Online auctions still rely on putting a willing buyer together with a willing seller. If you auction your material via online auction and there is not more than one willing buyer the price will stagnate and you will not realize the full potential of your coin. This can be combated by putting a reserve on your coin, but if you reserve it too high it goes unsold and you are out the listing fee. If your reserve is too low and there is no competition for that coin your gain is limited. While commissions may be lower, the amount of work required by you goes up tremendously, and if you don't know the ins and outs of building an auction it is likely that your coins will not receive the bids or attention that they deserve. A person is still better off finding a reliable professional dealer, such as Northern Nevada Coin, that is willing to work on small margins. There is a reason why we are considered professionals, we will help you realize the most for your coins. Yes we will make money, but we will prevent your coins from selling well below their market value. One example we can offer you is a situation we benefited from. Another dealer bought a coin from an online auction. He studied it long and hard before he bid and was right when he received it in the mail. The coin he bought for $1000 was worth more than he paid. He in turn sold it to us for $1600. We were happy to buy this coin at his net price because we in turn sold it for $4500, almost three times more than he got and four plus times what the person who auctioned it got. Had this person brought us the coin and sought our advice we would have offered $4000 for it and been very happy to buy it. Who really lost? The person who did not seek a professional's advise. Yes the person who auctioned it put it in a venue with millions of bidders, but without professional help the coin was sold for less than 25% of its real value. Call us.

Click here for answers to frequently asked questions.

As always, all transactions with us will be kept confidential. We realize that privacy is valuable, once lost it cannot be regained. We do everything in our power to protect your privacy.

So, how do you sell coins to Northern Nevada Coin? Easy. You can set up an appointment if you are in our area, ship us coins through the mail, or if your collection is large enough we will come to you. Remember, we travel around the United States on a regular basis. Feel free to call us and discuss the coin, collection, estate, portfolio, or hoard you would like sell. Conformation prior to shipping your coins is recommended.

Coins we really like to buy are silver dollars, gold coins, Carson City coins and material, key date type coins, and very pristine coins.

Before calling click here for answers to some of the most frequently asked questions.

Call us at:

1-888-8DOLLAR(836-5527) or

1-775-884-1660

Fax #: 1-775-884-1644

Our shipping address is:

NNC (short for Northern Nevada Coin)

3655 B Research Way

Carson City, NV 89706

Or you may Email us at info@brokencc.com

Shipping tips.

Make sure that you pack your products securely. Movement inside the package during shipping is your enemy and your coins may be damaged if not properly secured.

We recommend that you send your products insured and request a return receipt. We cannot guarantee the safety of your products until they reach Northern Nevada Coin.

Your payment will be mailed to you as soon as we receive the product. With shipped deals we pay by check or bank wire only. Bank wires are done at your cost.