Las Vegas/ Retail & Industry

Vegas Strip Club Gives Way to Gold Counter and $200K Sculptures

AI Assisted Icon
Published on September 17, 2026
Vegas Strip Club Gives Way to Gold Counter and $200K Sculptures311 E. Flamingo Rd. — Former Club Platinum Location
Google Street View

A strip club near the Las Vegas Strip that closed its doors last December has reopened as a place to sell your gold watch or buy an 900-pound bronze dragon. Mo Money, a jewelry, watch and gold coin buying business, now occupies the former Club Platinum site at 311 E. Flamingo Road, between Koval Lane and Paradise Road, alongside its sister business Kalifano, which sells fossils, crystals, meteorites and oversized metal sculptures.

From Shuttered Strip Club to Renovated Storefront

Club Platinum, once featured on the reality TV show Bar Rescue in 2018, went out of business in December 2025. Its former operator, Rita Capovilla, had described the club's struggles bluntly: “How am I going to keep this club open? We have no customers,” according to the Las Vegas Review-Journal. The Khalaf family bought the half-acre site for nearly $2.4 million in 2025 and then spent just over $1 million transforming it into Mo Money, the paper reports.

The building received a complete interior renovation and exterior upgrades, including new mechanical systems, roofing, walls and glass, per the same account. Clark County's building department issued a permit valued at around $770,640 for improvements to the address. Outside, two Transformers-type metal statues now greet visitors where the old club once stood.

Not a Pawn Shop, Mo Money Says

Mo Money buys and sells jewelry, watches, gold coins and other valuables, and holds a secondhand-dealer license for a specialty shop rather than operating as a pawn shop, the report notes. Mohammad “Mo” Khalaf, the 25-year-old managing partner, has framed the business as offering a comfortable environment for people selling valuables, with customers' items examined under a microscope and displayed on a monitor during the process. The shop displays gold coins, silver dollars, watches and jewelry for sale.

On its own site, Mo Money describes its testing process directly: “Acid, XRF and the scale all happen on the counter in front of you.” The business also advertises “Free, no-pressure offers. Same-day cash,” and says it buys and sells PCGS-graded coins, submitting coins to PCGS on customers' behalf. Mo describes himself on the site as a GIA alumnus, a Graduate Gemologist, and “fifth generation in the KALIFANO family.”

A Jade Sphere, a Dragon, and a $200,000 Robot

Kalifano, owned by Alex Khalaf, sells fossils, crystals, meteorites and metal sculptures, and already operates stores at the Forum Shops at Caesars Palace, the Grand Canal Shoppes at the Venetian, Las Vegas Premium Outlets North and Harry Reid International Airport, according to the Review-Journal. The company also has a New Jersey location slated to close early next year. Alex Khalaf, who serves as Kalifano's president and CEO, told the paper: “We felt like there was a higher and better use here.”

The Kalifano side of the new location is stocked with attention-grabbing pieces. A 471-pound jade sphere from Afghanistan is priced at $43,000, while a roughly 900-pound dragon sculpture goes for $20,500. A nearly 9-foot polar bear sculpture covered in spark plugs carries a $50,000 price tag, and a 13-foot predator-inspired piece is listed at $86,400. The most eye-popping item may be a 26.5-foot Optimus Prime-inspired statue priced at $200,000.

The catalog also includes a 2,646-pound Brazilian quartz obelisk priced at $150,000, a foot-long iron meteorite fragment found in Arizona priced at $123,200, and a 6.5-inch meteorite fragment found in northwest Africa priced at $14,560. Smaller items round out the offerings, including a megalodon tooth from Indonesia priced at $6,250, crystals priced at $20 to $40, and bracelets and necklaces priced at $15. Kalifano sold a $100,000 megalodon jaw last fall and was still waiting for the buyer's approval to ship it, per the Review-Journal's reporting.

Sourcing Sculptures From Thailand to Brazil

Alex Khalaf sources items from quarries in Indonesia, Mexico, Brazil and other countries, the paper reports. The company's welding-art studio in Thailand employs 30 welders who transform discarded car parts, motorcycles, mopeds, forklifts and airplanes into artwork, with the Khalaf family handling worldwide distribution from that studio. Kalifano's customers reportedly include shopping-center owners, water-park operators and wealthy individuals, and the company offers free shipping on orders over $99.

Kalifano's leadership includes Fahima Khalaf as vice president and co-owner, RJ Khalaf as director of operations, and Rami Khalaf as director of retail operations, according to the Review-Journal. Mo Money and its glittering neighbor Kalifano now stand where a struggling nightclub once fought to keep its lights on — a transformation that captures how quickly a corner of the Strip's periphery can change hands, and purpose.