Nevada Coin Mart, operating as 'Neil Buys,' has been in business since 1949 and claims to have served millions of customers while paying out millions in cash. The company operates a single physical location at 4065 S. Jones Boulevard in Las Vegas, Nevada, directly across from the post office near an Arco station. This long operational history positions them as an established player in the precious metals and collectibles buying market in the Las Vegas area.
The company specializes in purchasing a wide range of items including all types of jewelry (gold, silver, vintage, estate, costume, designer brands), watches (Rolex, Breitling, Cartier, Chopard, Tag Heuer, Omega), coins (US, foreign, graded, Morgan dollars, 90% silver coins), diamonds (loose or set, certified or uncertified, engagement rings), currency (US and foreign bills, including rare $500 and $1000 denominations, Confederate currency), bullion, and collectibles (statues, figurines, vases, artwork, playing cards, comics). They also operate a retail "For Sale" section offering bullion, coins, currency, and silver poured art.
Nevada Coin Mart distinguishes itself through several operational features: they operate 365 days per year from 9am to 6pm, accept walk-ins, offer 24/7 phone/text contact, provide free price quotes within 10 minutes or less, and conduct on-site testing using x-ray spectrometer equipment visible to customers. Their single-location-only model contrasts with chain pawn shops, and their specialization in precious metals and collectibles rather than general pawn lending positions them differently from traditional pawn operations.
As a business model, Nevada Coin Mart functions as a precious metals and collectibles buyer rather than a traditional pawn lender offering collateral-based loans. While categorized correctly as a pawn shop (which encompasses gold/jewelry buyers and collateral-based operations), consumers should understand they are selling items for cash, not borrowing against collateral. The company's emphasis on buying rather than lending, their single location, and their focus on precious metals make them most suitable for those looking to liquidate specific valuable items rather than those seeking short-term loans.
