The Big Apple is what many like to call New York City. This name came about in the 1920s. Then the name became more popular in the 1970s when it was used as part of a tourist promotional campaign. It is also referred to as the Empire State. This is a city that is classed as a megacity as well as a global power city. Many industries thrive here such as education, tourism, fashion as well as sports, to name a few of many.
The city is made up of five robust boroughs: The Bronx, Staten Island, Brooklyn, Queens, and Manhattan. There are many interesting facts surrounding New York City. One is that it has three of the most visited attractions in the world. Another is that it is a city that has been photographed more than any other city worldwide.
Aside from Asia, New York City is home to the largest number of Chinese individuals. When it comes to public transit, New York City has much to boast about. It has the largest single operator transit system throughout the world.
Sales Tax on Gold and Silver in New York City
Out of all the cities in the State of New York, New York City has the highest sales tax rate. The current rate is 8.875%. For those that want to buy some classifications of precious metals, there may be a way to avoid the taxes on these.
This would be done by purchasing $1,000 or more in value of these items which could then make them tax exempt as the purchase would be viewed as for investment purposes.
Local Gold and Silver Dealers in New York City
Astoria Coins and Collectibles
This is a shop that you are going to find most enjoyable to do business with. It has been in business since 1975 and has worked hard at gaining its reputation of being the “go-to “shop for coin collectors. Those with similar interests have a chance to come together to talk about what is new in the world of gold and silver coins and what is old and rare.
Astoria is easy to find as it is located very close to the hub of the city. Here one can expect to see a wonderful selection of U.S. coins that are considered rare, along with many different foreign currencies fitting into the same category. For those in need of collector’s supplies, they need not go anywhere else as a good selection can be found here. For individuals who have an interest in baseball cards, Astoria will not disappoint them.
2106 30th Ave
Astoria, NY 11102
Manhattan Coin Shop
For those who have a keen interest in bullion and coins then they will want to check out the Manhattan Coin Shop. Some of the items you can expect to find here are the silver Canadian Maple Leaf, Austria Philharmonic and of the course the most exciting American Eagle.
This company is considered to be a high-volume dealer in coins. They are most pleased to allow access to their online stock lists along with the most popular coins being assigned their buy-sell prices.
30 West 47th St. Suite #816
New York, NY 10036
Global Gold and Silver
If one heads off to the Diamond district in midtown Manhattan, they are sure to find Global Gold and Silver. What they can expect to see is a company that is selling a large variety of precious metals that includes jewelry and flatware along with an extensive collection of gold and silver coins.
For those that are new to this industry the owner of this shop is going to make them feel comfortable and will offer as much advice and suggestions as needed. Mr. Oshri Reuven is the owner and appreciates it if clients make an appointment.
7 W 45th St. Ste 1200
New York, NY 10036
Vieira Coins and Collectibles Inc.
Along with a storefront to provide services in the buying and selling of coins, Vieira also sells through eBay. Added to their roster of services is the appraisal of coins as well as precious metals and antiques. Vieira takes pride in specializing in coins that carry a premium beyond the metal value that is considered to be rare. This specialty includes the U.S. as well as foreign coins. Those with paper currency will want to have it appraised by Vieira.
This company is a proud member of the American Numismatic Association. They believe in personal customer service and pricing each item on an individual basis. Every client is important to them no matter whether they are in the market to sell an entire collection or just one single coin.
8820 Whitney Ave
New York, NY 11373
American Coin and Stamp Co.
Although not in NYC itself, many coin collectors will make the extra effort to visit the American Coin and Stamp Co. It is only about 20 minutes from the heart of the city which means a trip across the river to New Jersey. One advantage to taking this trip is being able to enjoy lower rates and less tax as they apply to gold and silver along with rare coins.
The company is engaged in the sale of bullion and coins with their specialty being U.S. coins along with gold and silver as well as bullion. When one is dealing with this company, they are doing so with one of the largest and longest established dealers in New Jersey.
8820 Whitney Ave
New York, NY 11373
Bosco Paul J
For those who like to deal with a coin dealer that has a large inventory, this particular one may be a good choice. Stock here is comprised of a good selection of U.S. coins as well as foreign and ancient coins. Added to the collection are various medals and tokens. Those who are interested in the paper currency will find some good choices here.
149 Madison Ave
New York, NY 10016
For those who want to deal with a company that is classed as an international dealer then they will want to do business with Wilkison International. They have the reputation of having the best in the world when it comes to the collection of U.S. gold coins. What they have to offer is diversified with choices ranging from ancient to new and all are comprised of the highest grade in gold. For those with the hopes of finding gold coins that are considered to be the rarest in existence then they will want to check out what Wilkison has to offer.
Since 1972 this company has been in business and is certified as an authorized dealer under NGC and PCGS. For convenience, clients can review what the company has online as well as make their purchases in the same way.
Church Street Station
P.O. Box 208
New York, NY 10008
This dealer not only offers a good selection of coins for both buyers and sellers but has a great deal of knowledge in this industry that not only includes coins but paper currencies.
185 6th Ave
New York, NY 10013
Brooklyn Gallery Coins & Stamps, Inc.
A lot of people like to collect both coins and stamps. For these individuals, this shop is the ideal place to go as they deal in both.
8725 4th Ave
Brooklyn, NY 11209
For those collectors who like to visit shops that deal in gold and silver, NYCity Buyers makes a good choice to stop by. It is a collector that buys, sells, deals with customers from those that are beginners to the most experienced.
88 Fulton St
New York, NY 10038
Hownil CoinsWhat one is going to find here is a selection of rare coins along with experienced professionals who are in the business of trading, selling, and buying these coins. There is also plenty here for those that are interested in old gold and silver jewelry. Collectors looking for Gold Eagles will be impressed with what they find here.
3236 Nostrand Ave
Brooklyn, NY 11229
Thanks for reading our guide to buying gold and silver bullion and coins in New York City, NY. If you know of any other coin or bullion shops in the city of New York, please contact us at Metals.com so we can update our directory.