Nevada Rules of Gold

Nevada Rules of Gold

NEVADA
RULES OF GOLD

Are Gold and Silver Recognized as Legal Tender? - No.

Sales Tax Laws on Gold and Silver - A sales tax exemption has been enacted specifically for gold and silver "coins" if the coins are to be used as a medium of exchange, according to Chapter 372 of the Nevada Administrative Code. This tax exemption does NOT extend to bars and rounds.

Is Capital Gains Tax Levied on Gold and Silver? - No, as Nevada does not impose an income tax.

Do the State's Laws Allow for a State Bullion Depository? - No.

Does the State Hold Gold and Silver Reserves? - No.

Does the State Hold Physical Gold and/or Silver in Government Pension Funds? - No.

If you are looking for gold and silver dealer or coin shops in specific cities located in state of Nevada be sure to check out our other local coin shop pages:

Sahara Coins & Extraordinary Collectibles

7293 West Sahara Ave, #106

Las Vegas, NV 89117

(702) 367-4360

One of Nevada's largest coin dealers, Sahara Coins carries gold and silver coins, rare U.S. and foreign coins, collecting supplies, gold and silver certificates, and bullion bars in gold, silver, platinum, and palladium.

Sahara Coins was founded in Las Vegas in 1975. They offer free appraisals, and buy single coins or large collections. Many of their coins can be purchased online; the website also offers a list of buy/sell prices for the most commonly traded forms of gold and silver.

Nevada Coin & Jewelry

6380 West Flamingo Road, #B

Las Vegas, NV 89103

(702) 256-COIN

This downtown Las Vegas coin and jewelry dealer has nearly three decades of gold buying experience. They specialize in gold, including private bars and rounds, American Eagles, Canadian Maple Leafs, South African Krugerrands, and more.

When selling your gold to Nevada Coin & Jewelry, they use an x-ray spectrometer to accurately determine the exact gold content, enabling them to pay more for your gold.

Northern Nevada Coin

1329 U.S. Hwy 395 N #6

Gardnerville, NV 89410

(775) 222-2646

Founded in 1993 in Carson City, this Nevada gold buyer and coin shop is a PCGS and NGC authorized dealer. They specialize in U.S. coinage, especially Carson City-minted silver dollars, as well as gold coins, toned coins, and error coins.

They offer gold and silver bullion, with buy and sell prices published on their website. Northern Nevada Coin has three locations, in Reno, Carson City, and Minden, Nevada. Some of their coins can be purchased directly through their website.

Local Gold and Silver Mints in NV

Also browse the gold and silver mints local to Nevada. Some of these mints offer retail products, while others are wholesale only.

Nevada Coin Minting

P.O. Box 46110

Las Vegas, NV 89114

Nevada Coin Minting, among the largest private mints in the United States, provides custom minting of tokens, medallions, and commemorative rounds.

Their options include .999 silver, .999 gold, and non-precious metals. Nevada Coin Minting specializes in gaming tokens in precious and non-precious metals.

Northwest Territorial Mint

80 East Airpark Vista Blvd

Dayton, NV 89403

(800) 843-9854

Northwest Territorial Mint, founded in 1984 and previously based in Washington State, is now located in Nevada. They produce silver, gold, palladium, and platinum rounds and bars. NWT also mints custom awards and medallions for military, corporate, government, and private clients.

More than 4,000 products can be found in their online store. They mint Pan American Silver bullion, which carries a silver hammer logo, as well as other silver bullion rounds in half-ounce and one-ounce sizes, and silver bars from 5 grams to 100 ounces.

US Mint, Carson City

As a result of silver mining activities in Nevada, the U.S. Mint opened a facility in Carson City in 1863. It mainly produced silver coinage, including dimes, twenty-cent pieces, quarters, half dollars, and dollars.

The Carson City Mint also minted gold coins including $5, $10, and $20 denominations. The mint closed in 1885, resumed operation in 1889, and closed for good in 1893. Today, gold and silver coins minted here remain especially popular with Nevada buyers who enjoy this local connection.