Last Updated on February 15, 2024 by Ben
Coin Exchange NY
Coin Exchange NY is a company that has been in the business of buying and selling coins for years. They have an experienced team who can help you with any coin-related questions or concerns that you may have. They also provide a wide variety of services, including bullion, currency, numismatics, jewelry, and watch sales. If you’re looking for high-quality service and an experienced team to help you with your coin needs, Coin Exchange NY is the place for you!
Coin Exchange NY Review: Is this a Company You Can Trust?
What is Coin Exchange NY?
The Coin Exchange (CE) was founded in 2011 and has gone on to lead the field in Bullion, Currency, Numismatics, and Jewelry & Watches by offering outstanding customer care. The staff at the Coin Exchange has over 30 years of expertise in their areas and is proud to educate other consumers on the goods they buy and sell on a daily basis. PCGS, NGC, and PMG have recognized authentication companies with which they are an authorized dealer.
Not only do they take care of your coins, but they also offer a variety of services to meet all of your demands. They have a massive and varied product line that includes Half cents, Morgan Silver Dollars, $20 Gold Double Eagles, and everything in between. In addition to their jewelry and watches. Please feel free to look at their growing product.
The Coin Exchange offers a quick and easy method to purchase Bitcoin. They currently accept a variety of payment options, and you can pay via PayPal credit card, send them a check, or wire money. They make sure that all items are packed with the utmost care while in transit to ensure safe delivery to your home.
If you have any queries concerning anything on their website or something you’ve received in the mail, do not hesitate to contact them.
Coin Exchange NY Contact Details
Address: 267 South Central Avenue, Hartsdale, NY 10530, Westchester County
Phone: (914) 222-4343
Website: [email protected]
Store Hours: Mon-Fri 10am-6pm; Sat 10am-3pm
Is Coin Exchange NY a Scam?
Coin Exchange NY is a legit company that offers excellent services and products. Furthermore, it has over 30 years of experience in the industry with an impressive foundation to back up its work!
It’s a safe bet that the individuals who created it are trustworthy. After all, the company is a member of several organizations!
The major issue we have with it is its lack of online visibility. It isn’t even listed in the Better Business Bureau (BBB).
Products and Services of Coin Exchange NY
Here’s what Coin Exchange NY Offers:
Buying and Selling
The company buys and sells American coins in gold, silver, and copper, as well as paper money from the United States.
Here are a few of the items they sell:
- Gold
Coin Exchange NY offers gold in the following denominations: Pre-1933, United States, Chinese, Certified Coins, and World Coins. They span in weight from 1 oz to 1/4 oz. The company also sells coins dating back to 1800 and up through the present day.
They sell coins like the 1987 $10 Gold American Eagle, which is made of.9167 fine gold and has a Mint State grade of 69 by NGC (MS-69).
Every coin is identified by its face value, condition, grade, mint/brand, metal type, aggregate precious metal weight, and SKU.
- Silver
Coin Exchange NY also sells silver bullion, including Morgan & Peace dollars, Pre-1965 US Silver coins, United States coins, Chinese coins, Australian currency, and Mexican peso coins.
The most common form of silver is a bar, bullet, coin, and round. It also sells silver bars, bullets, coins, and rounds in various sizes.
- Platinum/Palladium
Platinum coins and bars are available, as well as palladium coins and bars.
- Numismatic
Coin Exchange NY also sells numismatics in other forms like dollars, half dollars, dimes, quarters, nickels, half dimes, one cent, half cents, pre-1933 gold, and post-colonial.
They offer both certified and uncertified coins.
- Currency
For its World Currency, the firm provides both US and Chinese currency.
- Jewelry
The Coin Exchange NY also sells jewelry from a variety of manufacturers, including David Yurman, Tiffany and Co., Cartier, other brands, estate jewelry, and coin jewelry.
- Watches
Aside from jewelry, the store sells timepieces. They have pre-owned luxury watches, pre-owned vintage watches, pre-owned designer watches, pre-owned pocket watches, and more.
- Others
Other desirable items include copper leaf soap dish, leather strap, silver repousse incense burners, sterling silver feeding spoon, pepper grinders, and silver salt shakers.
Certified Appraisals
Certified numismatist and member of the Appraisers Association of America (AAA). Appraisals for estate, charity, insurance, or other reasons in accordance with current IRS rules and USPAP standards.
Expert Witness
Authorized as an expert witness in New York State.
Grading and Authentication
They can submit your coins and currency for certification or verification as an authorized dealer for CAC, NCS, NGC, PCGS, PCGS Currency, PMG.
Numismatic Consulting
If you’re thinking of buying, selling, or consigning and you’re not sure what you want or how to go about it, they can assist with professional support.
Want List
They can assist you in building your collection based on the coins you enjoy. They may look for items or services that you might be interested in.
Coin Exchange NY Company Trust Rating
Unfortunately, there are not many reviews of Coin Exchange NY on the internet. Furthermore, it is not listed in the BBB’s database.
The only rating I discovered for this firm was on Yelp.
What to LIKE, and What to HATE About Coin Exchange NY
What to LIKE
- Wide Range of Products and Services
The firm provides a wide range of goods and services. As can be seen from what we’ve stated in this review, the product includes a broad selection of items and services! It’s similar to a one-stop-shop for precious metals and other valuable belongings.
- Affiliated with Many Trusted Associations
When it comes to precious metals, the firm is connected with many reputable organizations and associations, including:
- Certified Member of Appraisers Association of America (AAA)
- Authorized Dealer of:
Certified Acceptance Corporation (CAC)
Numismatic Conservation Services (NCS)
Numismatic Guaranty Corporation (NGC)
Professional Coin Grading Service (PCGS)
PCGS Currency
Paper Money Guaranty (PMG) - Member of:
American Numismatic Association (ANA)
New York Numismatic Club (NYNC)
American Numismatic Society (ANS) - Contributor to the following books:
How to Collect, Invest & Profit with Gold Coins
Friedberg’s Gold Coins of the World
A Guide Book of United States Coins, the Red Book
Krause’s Standard Catalogs of World Coins
- Uses an E-Commerce Site
To add more to it, the firm has a website where you may put in an order right away and simply add to the cart your items for immediate checkout. You can easily see how much you’ve spent and double-check them before placing your order.
What to HATE
- No Cancellation
Orders are FINAL, and you can’t back out once you’ve placed an order. You entered into a legally enforceable contract when you checked out, and you are unable to cancel a confirmed purchase.
- Return Policy Charges
Though Coin Exchange NY has a refund, return, or exchange policy for all customers that they sell, they do require a 10% restocking fee on all orders that are returned.
- Did not Mention IRA Eligible Products
They claimed that they could assist you in having a gold or precious metals IRA, but apparently, even if they have a large selection of goods and services, they didn’t say anything about IRAs.
Alternatives
Augusta Precious Metals
www.augustapreciousmetals.com
Star Rating
Augusta Precious Metals is a family-owned, full-service provider of gold and silver IRAs. They have over five decades of expertise in the precious metals market and serve investors who want to improve their savings and investments.
Augusta Precious Metals is a service-oriented firm that works directly with investors to create wealth and ensure a pleasant retirement with silver or gold IRAs. Augusta Precious Metals demonstrates its knowledge and diligence as a gold IRA business by supporting industry organizations in the financial sector.
Augusta Precious Metals has an AAA Business Consumer Alliance rating from the Better Business Bureau and an A+ Better Business Bureau rating. On TrustLink, the firm has a 5.0-star rating. Many investors on social media platforms such as Facebook recommend the firm.
American Hartford Gold
www.americanhartfordgold.com
Star Rating
American Hartford Gold is one of the most highly-rated precious metals dealers in America. They operate from locations all across the United States.
While they do provide a variety of precious metals investment services, their Gold IRAs are where they’re most recognized, with the majority of their trade being in delivering IRS-approved metals straight to tax-advantaged retirement accounts.
They were among the first firms to enter the Gold IRA market in 2015, and since then, they’ve established a solid position as market leaders. AHG provides customers with the highest quality investment-grade gold, silver, platinum, and palladium straight into their accounts as part of its broad range of services.
Outside of an IRA, AHG can supply precious metals to your house or arrange high-security storage at a variety of facilities – and their team of precious metals experts can assist you with any aspects of your metal portfolio or investment ideas.
Goldco
www.goldco.com
Star Rating
Goldco (aka, Goldco Precious Metals) is a precious metals firm based in Woodland Hills, California, that was founded in 2006. Its major aim is to provide investors with self-directed precious metal IRAs that are backed by metals like gold, silver, platinum, and even palladium rather than stocks and bonds.
Trevor Gerszt started the business. You may discover information about IRAs on the internet by looking up his name. Trevor’s firm goal is to assist clients in adding precious metals into their existing IRAs.
This company is a precious metals brokerage firm that collaborates with guardian IRA firms to create accounts and assist their customers who want to convert to a self-directed, precious metal IRA.
Conclusion
The Coin Exchange NY is a well-established precious metals dealer with a strong local presence in Hartsdale, New York, and national exposure through their eBay store. They buy and sell rarities such as diamonds, high-end timepieces, and scrap or unwanted jewelry. If you’re looking for the best place to trade your gold or silver coin collection, look no further than Coin Exchange NY!