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Iraqi Dinar

The Iraqi Dinar is the official currency of Iraq. The first Iraqi Dinar was introduced into circulation in 1932, replacing the Indian Rupee that had been in use since World War I. The Iraqi Dinar was given a value of 1 Iraqi Dinar for every 11 Indian Rupees. At the time, the Iraqi Dinar was worth the equivalent of 1 Great British Pound.

Knowledgeable Coin Buyers

In 1959, this was changed to the rate of 1 Iraqi Dinar being equal to $2.80 United States Dollars. During the Gulf War in 1991, the Swiss printing of the Iraqi Dinar was no longer available due to UN sanctions. Due to this, a new, inferior Iraqi Dinar note was issued. The older Iraqi Dinar notes were now called Swiss Dinar notes, and continued to be used in the Kurdish regions of Iraq. Due to sanctions placed on Iraq by the United States and the international community, along with excessive printing of these inferior Iraqi Dinar notes, the Iraqi Dinar quickly devalued to 3000 Iraqi Dinar per $1 United States Dollar. Following the deposition of Saddam Hussein and the 2003 invasion of Iraq, the new Iraqi Governing Council continued to print the Saddam Iraqi Dinar notes as a sort of stopgap measure to maintain the Iraqi Dinar supply until a new Iraqi Dinar could be designed and printed. Between October 2003 and the beginning of 2004, the Coalition Provisional Authority issued new Iraqi Dinar notes and Iraqi Dinar coins.

The new Iraqi Dinar notes were produced by De La Rue using modern techniques to help ensure that the new Iraqi Dinar could not be forged. This helped to create a single, unified Iraqi Dinar currency to be used throughout all of Iraq, and to make the Iraqi Dinar easier to use by the average Iraqi. The current exchange rate in Iraq is 1200 Iraqi Dinar per $1 United States Dollar.

There is currently speculation that the Iraqi Dinar will be revalued higher than that number, and due to that there are people that invest in the new Iraqi Dinar. Due to this, there is a market in the US for Iraqi Dinar notes. The Iraqi Dinar notes currently come in the following denominations: 50 Iraqi Dinar notes, 250 Iraqi Dinar notes, 500 Iraqi Dinar notes, 1000 Iraqi Dinar notes, 5000 Iraqi Dinar notes, 10000 Iraqi Dinar notes, and the largest denomination Iraqi Dinar note is the 25,000 Iraqi Dinar note.

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East Flamingo

Monday – Friday 8:30 am – 4:30 pm
Saturday 8:30 am – 2:30 pm
Sunday Closed

West Flamingo

Monday – Friday 9:30 am – 6:00 pm
Saturday Closed
Sunday Closed

WHY CHOOSE US?

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This dealer was beyond excellent in all respects! No low-ball games, no fooling around. These people are honest, and the transaction was handled smoothly with complete transparency. I will definitely recommend Nevada Coin & Jewelry to everybody I know!

Richard C.

A great selection of coins and other numismatic related material. Very professional.

I brought them some gold pendants, rings and a few other pieces. I knew they weren’t worth that much but I needed the cash. The guys (and there are a lot of them) were really nice and not the least bit condescending. They know when you come in to sell there is a reason but they don’t make you feel bad or inadequate. The store is filled with interesting objects for sale and for show. A very nice and very fair place to buy and sell. I highly recommend them.

Linda P.

As a first timer in selling, I was a bit apprehensive. I did not know what to expect and was a little worried about a previous reviewers comments. Yes the office was stark and clinical. The staff however, more than made up for any downfall in the decor. Very helpful, polite and understanding to any ‘silly’ questions that were asked. All in all a pleasant experience, and one that should the opportunity arise I would go through again!

Marie G.

Professional, friendly staff. Knowledgeable and fair. An interesting experience and would definitely visit again.

Gail B.

I am a brazilian and had the chance to deal with Nevada Coin. I was there to sell some gold coins and they paid me the best price I could fetch in Las Vegas. They are professional, courteous and trustworthy. Before visiting their premises I got a tentative appraisal by phone which I found reasonable. In the shop the attendant offered to approach the manager to get me a (gasp) BETTER price. Do yourself a favor and don’t bother talking to their rude and unprofessional competitors. They will treat you like a moron and quote prices accordingly. For Nevada Coin, five Stars all the way.

Guilherme

Staff was friendly, knowledgeable, and responsive. Building had great security to helped me feel safe in handling my items.

Been living in Vegas for many years and never had to sell or hock any of my items unfortunately as luck would have it that day did eventually find me and let me tell you is it a tough racket to find a decent place out here to do business with. Pawn shops are a joke and could care less about their customers and treated me like another number. Tried and tried and place after place the numbers where all over the place. Finally decided to go to these guys and I’m glad I did. They tested each piece of my jewelry right in from of me with some kind of xray machine. They explained how they calculated the price and paid me cash on the spot. Avery was very helpful and didn’t mind answering my questions and explaining what they do. I left feeling I got the best price for my items. I would recommend them to anyone looking to sell their jewelry.

Christian M.

They took the time to help me sell my item and find an item. The staff does not rush you or pressure you into buying something. They take you on a little adventure by telling you about the items you are selling and looking at…

Miller B.

After visiting a couple of the “traveling gold & silver merchants” who came to Mesquite, I made a call to Nevada Coin & Jewelry in Las Vegas… David was very helpful and professional. Their prices were the best I had seen… I left very satisfied with my trip and the deals we made. I will definitely go there again.

Carol R.

I recently got divorced so I wanted to get rid of some of the jewelry my ex-husband got me. I found Nevada Coin and jewelry searching the web. When I called the guy that answered the phone was friendly and willing to quote me a price per gram. I went to their store on Flamingo, Avery whom I spoke to on the phone tested my items using some kind of x-ray machine. I could see that some of my jewelry was not the karat I thought (some lower some higher). He paid what he quoted on the phone no bait and switch. It took less than 15 minutes got my cash and got rid of some bad memories. I would recommend this company if you are looking to sell jewelry.

Virginia F.

What inspired me to go to NV Coin and Jewelry was I was an ad on the TV for the shop. I was not too sure about going to NV Coin and Jewelry to sell my jewelry because I have been to many other pawn shops but haven’t found a good deal for my jewelry. After I went to Nevada Coin and Jewelry it was a big relief for me selling my jewelry for a good price.

Bubba