Where To Buy Gold Bullion In Nyc
Bullion Trading LLC specializes in silver and gold bullion such as rounds, bars, and coins. This dealer focuses less on rare or historical coins, and more on precious metals for investment purposes. As the largest precious metal dealer in New York, Bullion Trading LLC has a New York City showroom and also sells online and by mail. Their buy and sell prices are clearly listed on their website.
where to buy gold bullion in nyc
Founded in 1972, Ridge Coin offers both numismatic collectibles and precious metal bullion. Ridge Coin is best known for a large and frequently-changing inventory of bullion bars and coins, including American Eagles, Canadian Maple Leafs, Krugerrands, 90% silver coins, and one-ounce silver and gold bars. They offer free appraisals, and buy coins, precious metals, and jewelry from individuals.
For more than five decades, Brigandi Coin Company on 44th Street in New York City has been known for carrying high-quality rare coins, gold and silver bullion, paper currency from around the world, and sports collectibles. This Manhattan icon offers products at every price range, and welcomes new collectors and serious investors alike.
In 1983, it produced $10 gold coins commemorating the 1984 Los Angeles Olympics; this was the first legal tender gold coin produced in the U.S. since 1933. Today, the West Point Mint produces American Eagle bullion coins in gold, silver, and platinum, along with the American Buffalo gold bullion coin and other gold and silver commemorative issues.
Manhattan Coin Shop is a high-volume coin dealer specializing in bullion coins. They carry a wide and ever-changing selection of the most popular gold and silver bullion coins like the American Eagle, Canadian Maple Leaf, and Austrian Philharmonic. If you are looking for a specific coin, they offer a coin search service. Their stock lists are also published online, along with buy and sell prices for the most popular coins.
This Midtown Manhattan dealer specializes in selling gold and silver coins, jewelry, flatware, and other precious metal items. Global Gold and Silver is located in an office building in the Diamond District. Owner Oshri Reuven is known for providing top quality customer service. Catering to new collectors and casual sellers, Global Gold and Silver takes the time to explain the finer nuances of precious metals. Appointments are not required but are preferred, especially if you are selling a significant amount of gold or silver bullion or coins.
Bullion Trading LLC is a reliable and experienced gold dealer with 30+ years of reputation in the bullion industry. Established in 1988, Bullion Trading is undoubtedly the best place to buy gold in NYC.
Customer service is our top priority, and we strive to offer you the best customer satisfaction with all your gold and silver bullion needs. We offer the best gold, silver, and other precious metal prices in NYC and online with the highest-rated customer service.
Trading in gold and other precious metals is risky because the market is volatile. Past performance is not indicative of future returns. This is why we encourage you to read Our Terms and Conditions carefully before making purchases, selling, or placing orders with BULLIONTRADING LLC. Refer to Safety Tips from the CFTC (Commodity Future Trading Commission). These terms and conditions apply to all orders, all purchases, and all sales made through our website, telephone, or other channels.
The prices for gold, silver, platinum and palladium coins and bars keep on fluctuating because of the risk factors that cause price volatility. The risk factors include political development, war, pandemics, demand, and supply. It is important to keep this in mind when transacting with BULLIONTRADING LLC.
Inquiries are made by customers who are not ready to transact immediately. Customers can contact us or go online at Bulliontradingllc.com to get current market prices. The price quote and quantity available are subject to change. They can also contact us for guidance on buying and selling bullion coins and bars. You should note that the Price Quotations you receive when inquiring are Estimates because the prices of bullion coins and bars fluctuate daily, and the number of our stock changes all the time.
Orders are made when customers are ready to transact immediately. The prices you get when ordering bullion coins and bars from us are an accurate reflection of the current market prices. Note that once you place an order, the prices are locked and are no longer subject to market conditions.
An order is placed when you finalized negotiations with our agents and an invoice is generated, not when the payment is made. Ordering and then bailing out or canceling after an invoice is generated makes BULLIONTRADING LLC incur losses. We incur losses because when you place an order, we consider the bullion coin or bar sold and will have hedged ourselves accordingly.
An order starts when you finalize the deal with our agents, not when the payment is made. We generate an invoice immediately the deal is sealed either through our website or phone. We also count the bullion coin or bar as sold and will have hedged ourselves accordingly.
The moment you place an order an invoice is generated. If you cancel, and then gold prices decline you make us incur a loss. It is your responsibility to offset this loss if your order is canceled and your funds are returned. If this happens you will pay for the loss caused by a decline in the price of gold after a sale is made plus a cancellation fee of $35.00. This is our market loss policy.
Bullion Trading LLC only accepts payments in the form of bank transfers, certified checks or personal checks. The method you use to pay us is determined by the number of bullion coins and bars you are willing to buy from us as follows:
You also openly acknowledge that you are subject to a variety of risks that are beyond the control of BULLION TRADING LLC. You openly acknowledge that BULLION TRADING LLC is not liable or responsible for the risks you incur while trading with us. Those risks include, without limitation, risks associated with the price volatility of bullion coins and bars. Market conditions or other disruptions such as technical problems may make it impossible for you to liquidate bullion coins and bars bought from us. You have the freedom to liquid the coins and bars at market prices acceptable to you.
The price of bullion coins and bars keeps on fluctuating and this means that they are not a suitable investment for everyone. Since all investments, including bullion coins and bars, can decline in value, you should make an informed decision. It is a good idea to have adequate cash reserves and disposable income before investing in bullion coins and bars.
Coins typically have lower gold content than gold bars. A one-ounce American Eagle coin, for instance, is only 91.67% gold. In fact, the coin weighs 1.1 ounces, approximately one ounce of which is pure gold; the rest of the weight is silver and copper.
Rather than investing in a single company tied to gold, you invest in a basket of gold-related securities through gold mutual funds or ETFs. Gold funds may track the price of gold, include the stocks of multiple gold mines and refineries or provide exposure to gold futures and options.
For investors willing to take on more risk, futures and options may be attractive. (If neither of those words means anything to you already, you should probably avoid these gold investments for now as they are highly speculative.)
With gold futures, you commit to buy or sell gold in the future at a specified price. Under a gold options contract, you have an agreement with the option to buy or sell gold if it reaches a certain price by a predetermined date.
However, in New York, like in other states, for all transactions you may be subjected to a sales and use tax. Under New York law, www.tax.ny.gov, there is a statewide sales tax of 4%, with additional local sales tax which can increase it to as high as 8.875%. In New York, there is a small exemption for the purchase of precious metal bullion. The precious metal bullion can be bars, nuggets, or coins which are valued for their metal content and not form. If the precious metal was refined for any artistic or industrial purpose it does not qualify for the exemption. In addition, only transactions over $1,000 dollars will get an exemption from sales tax.
Golden Eagle Coins, being an out of state retailer, does NOT have to charge sales tax to New York residents. Browse our selection of tax-free gold and silver products. Please take note that we are not experts on tax issues, and you may be liable to pay local Use tax. Please contact your local tax professional for more information.
The contents of the sale were seized from diamond dealer Aaron Chitrick Purec in 2017 when he lost a judgment filed by New York Community Bank. Per an announcement put out by Joseph Fucito, Sheriff of NYC, they will include 164 clear stones, 6 rings with clear stones, three metal necklaces with clear stones, and 71 metal bracelets with clear stones, in addition to the gold bars.
If you are looking to sell your gold coin collection, do your best to keep it in optimal condition. If you live in a humid environment, know that excess moisture can cause your coins to deteriorate and be sure to take extra precautions. Humid conditions may cause damage, but you can protect your valuables by keeping them in an airtight holder made of inert materials. Additionally, whatever weather conditions you live in, never store your gold coins in regular plastic, since plastic can give off volatile gases that harm gold coins.
If you are looking to sell your gold coins for cash, you are probably wondering which is better: a physical Manhattan coin shop or a web-based retailer. Both have their upsides and downsides, and in the end, it really boils down to researching the individual shops and reviews. The best way to ensure that you are dealing with a trustworthy coin dealer is by checking their reviews online, whether through the Better Business Bureau, Google, or Yelp. And, if you are looking into a Manhattan coin shop, go in for a free consultation so you can really see the store and its people. 041b061a72