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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 and Sunday: Closed

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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.

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.

My wife cashed in some coins and we got top dollar. We have sold to others before but no more, we found a real professional store in Nevada Coin & Jewelry. “Thank You”

Steve

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.

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

We were really pleased with the help that AJ gave us concering our gold coins and watches. I don’t think we could have received a better deal anywhere. All of the personnel at Nevada Coin & Jewelry were very professional. We will recommend them to our friends.

Dean & Judy

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

Gail B.

My friend and I came here to sell some coins and jewelry. We first saw Scott about some coins. He was very friendly and knew his stuff. Afterwards, he brought us over to Sheila who looked at our jewelry. She was also very nice and professional. We will definitely come back here again. GREAT PLACE!!!!

Susanne T.

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.

My Aunt recently passed and she lived in the outskirts of Las Vegas. While my sister and I went through her estate we found a number of items that neither of us considered keeping, but our aunt was clear in her will that she wanted us to use her things to make a profit and in turn use that money to help our futures. We shopped around, especially not being from the area, and got a lot of negative experiences just on the phone. People were rude, uninformative, and really just gave us a feeling they wanted to rip us off. It made us think of those dirty pawn shops you “hear about”. Finally I called Nevada Coin and Jewelry and the whole day shifted! We described a few pieces of jewelry and they helped us figure out initially a general value based on the metal. Of course, they did explain the importance of actually coming in and examining the pieces individually. That level of service over the phone got us through the door. When we went to the spot we were greeted with the same level courtesy, but the professionalism when going over each item and it’s value was through the roof! They took the time to explain why each item was worth what amount and even gave us a little bit of history on the styles. At the end of the day, my sister and I walked away with a sizable amount of money to put towards my son’s college fund and my sister’s vet school. Thanks, Nevada Coin and Jewelry!

Ashleigh L.

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