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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.

OUR

LOCATION

East Flamingo

Monday – Friday: 9:30 am – 4:30 pm
Saturday: By Appointment Only
Sunday: Closed

WHY CHOOSE US?

READ OUR REVIEWS

Great family run store. I’m well taken care of every time I show up at this location. Thank you Nick.

Grateful for the Nevada Coin and Jewelry shop, I just adore it. I took some collectable figurines in and they bought them. I came out smelling like a rose. You should’ve been there to see the big smile on my face. I ran all the way home to look for some more. Can’t wait to get back! I can sure use the money!

Brenda

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

This past Saturday I had the opportunity to meet the owner and team at Nevada Coin and Jewelry. I didn’t know what to expect but they made me feel both comfortable and safe. I went through my collection of jewelry, both broken pieces and things I thought were of no value at all. They took the time to explain what each carat weight was worth and they helped me sort through my items. I was amazed at what they gave me for things I would never wear or use. I would recommend you stop in and speak to them, you might be as pleasantly surprised as I was.

Suzanne P.

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

Gail B.

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

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.

Wonderful experience, Nick and Laura made it seamless and stress free. Thank you! They also sell super cool items!!

A.J. and Robert are so friendly and make it so you have the best deal with the items you bring them. They have so much knowledge about all the items they have in their shop and they like to teach others about what they know…

B.C.

Really cool cats over at Nevada Coin and Jewelry. You would’ve thought that I was “Madonna” the way those guys treated me. I was so mesmerized by all of the antiques, they have in there, I believe I was there for two hours, just looking, unbelieveable! When I went in I was so hot, they offered me a cold bottle of water, how cool is that? It felt like home to me. I wanted to get a price for some old jewelry that was passed down by grandma, I was well satisfied. When I left the shop, I was singing “Money, Money, Money.

Doris

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.

What friendly staff. They help you sell your items even if they don’t have a use for it by calling other shops around the area to see if they could use it… They want you to have the best out come from selling your items. I was so happy I decided to go to them!

B.J.