Where To Sell Gold In Las Vegas?

Gold prices are at a 30 year high. If you need to know where to sell your gold in Las Vegas Nevada?
This is the only place that you can be sure that you are getting the best prices for your gold, silver,
diamond and platinum jewelry! We are We Buy Gold Buyers! We will accurately test and weigh your
gold and diamond jewelry. Once the karat and weight is determined, we determine the price we pay
you by checking the daily market value.  We pay more than the pawn shops do!  We are a local
company Call us today at
702-531-3417 for a free no obligation appraisal of all your
jewelry. Not sure what you have? Bring it in! Our GIA trained and certified employees will evaluate
your entire jewelry box for FREE!

Now you know where to sell gold in Las Vegas, Nevada.

Cash Money
You'll be amazed by how much you can get

At We Buy  Gold Buyers, we offer the highest payouts in town! We are paying an untouchable 83% of
spot price for your gold. Has another gold buyer offered you a higher amount for your unwanted
jewelry? We have a price match guarantee!

Happy Person
If our customers leave happy, we're happy

Our customers come first. We want you to come back and to tell all of your friends. Friends don't let
their friends sell gold for less. Send them to us to get the best price in town. We have the most
convenient office hours. Whether you work day or night....we are open.


8k, 9k, 10k, 12k, 14k, 16k, 18k, 22k, 24k gold, .925 sterling silver, platinum, and diamonds. If you have
it, we'll buy it. And it can be anything made of precious metals such as silverware, old trinkets, vases
even teeth and grills.

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The USA PATRIOT Act (Uniting and Strengthening of American by Providing Appropriate Tools
Required to Intercept and Obstruct Terrorism) was signed into law on October 26, 2001. Section 352 of the
act directly requires that “dealers” in precious metals, stones, or jewels” implement a written AML
program. The interim final rules came into effect January 1, 2006. The recent senate action does not affect
the jewelry industry. Section 352 was not do to expire and remains law.
What is Money Laundering?
Money laundering is the process of hiding the existence, use, or origin of illegally derived funds to make
the funds appear legitimate. In 1970, the U.S. Congress enacted the Bank Secrecy Act (BSA) in order to
help combat money laundering. This required financial institutions to maintain records and file reports
regarding particular transactions that might be associated with money laundering. Although dealers in
precious metals were listed, FinCEN did not define terms or issue regulations regarding dealers. Instead
the focus was most notably directed at banks. The USA PATRIOT ACT amends the BSA and now
requires that “dealers” in precious metals implement a written AML program.
Why the Jewelry, Pawnbroker, and Mining Industries?
These industries are widely known for its vulnerability to money-laundering schemes. Treasury describes
why the industry is so susceptible to this crime.
“Precious metals, precious stones, and jewels are easily transportable, highly concentrated forms
of wealth. They serve as international mediums of exchange and can be converted into cash
anywhere in the world. In addition, precious metals, especially gold, silver, and platinum, have a
readily, actively traded market, and can be melted into various forms, thereby obliterating refinery
marks and leaving them virtually untraceable. For these reasons, precious metals, precious stones,
and jewels can be highly attractive to money launderers and other criminals, including those
involved in the financing of terrorism” (68 FR 8481).
Who is a “Dealer” in Precious Metals?
A person engaged within the United States as a business in the purchase AND sale of precious metals with
annual purchases of at least $50,000 AND annual sales of at least $50,000 in a calendar or tax year.
Exemption for Retailers:
If you are a retailer and purchase only from other dealers (as defined by the rules) who implement a U.S.
AML program, you do not need to comply. If you do purchase from non-dealers, such as members of the
public, foreign sources of supply, or estate sales, than you must comply.
Precious Metals: Treasury defines precious metals as gold, silver, platinum, palladium, rhodium,
ruthenium, iridium, or osmium that have a purity level of 0.500 (50%) or more or an alloy containing .500
or greater, singly or in any combination.
Covered Goods: Precious metals, stones, or jewels and finished goods that derive 50% or more of their
value from precious metal contained in or attached to such finished goods.
Cash: The following is considered cash: cash, cashiers checks, money orders, travelers checks, bank
Suspicious Activity: Attempted transactions or a pattern of transactions that you know, suspect, or have
reason to suspect involve criminal activity, are designed to evade BSA laws, appear to serve no business
purpose, for which there is no reasonable explanation, and may involve financial transactions to facilitate
criminal activity.
Willful Blindness: occurs when a person is deemed to have knowledge that proceeds were derived from an
illegal activity and purposely ignored those facts.
AML Program Obligation
The AML obligation only covers transactions in precious metals as they are defined above. Therefore,
lower-grade refining transactions, purchases of precious metal for incorporation into industrial equipment,
precious metals with a purity level less than 0.500, and toll refining transactions are not required to be
covered by the AML program.
What Does the USA PATRIOT Act Require?
1. The designation of a compliance officer to develop and respond to money laundering issues.
2. An evaluation to determine the risks the business faces in regards to money laundering.
3. The development of written policies and procedures for encountering and dealing with money
laundering and the internal controls for such policies.
4. An ongoing employee training program
5. An independent audit function to test the program
What are the Penalties for Non-Compliance?
1. Civil penalties could include a fine of up to $250,000 or two times the amount of the transaction,
not to exceed $1,000,000.
2. Criminal sanctions could be a fine up to $500,000 and/or a maximum of 10 years in prison.
Where to get help:
1. Jewelers Vigilance Committee
2. Department of Treasury, Regulatory Policy and Programs Division
FinCEN 800-949-2732
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