36 W 47th St, Booth W07, New York, NY 10036Mon–Fri: 10:00 AM – 6:00 PM
36 W 47th St, Booth W07, Diamond District
Mon–Fri: 10:00 AM – 6:00 PM (Walk-ins Welcome)
Licensed NYC Buyer • Free Precision Appraisal
PRECIOUS METAL BUYERS IN MANHATTAN

Sell Precious Metals in NYC

Sell gold, silver, platinum and palladium through a clear, item-specific purchase-evaluation process at Buyers of NYC. Our team reviews precious-metal jewelry, coins, bars, bullion, scrap and mixed collections at our Manhattan Diamond District office.

An evaluation is free and carries no obligation to sell. If Buyers of NYC is interested in purchasing an eligible item, the team may explain the principal factors considered and present an offer for you to accept or decline. Prefer to speak first? Call 646-400-4553 before bringing a large, heavy or unusual lot.

Gold coins and precious-metal items evaluated in NYC
LICENSED & CERTIFIED IN NEW YORK CITY

Recognized Credentials, Industry Licenses & Certified Gemologists

Identity First

What the item is, which metal may be present, and whether it is solid, filled, plated, mixed or assembled.

Weight & Fineness

Verified precious-metal-bearing weight and the fineness or purity that applies to that item.

More Than Metal

Brand, gemstones, collector demand or a recognized bullion product may support a different route than melt value.

No Obligation

A free in-person purchase evaluation does not require you to accept an offer or complete a sale.

Category Directory

What Precious Metals May Buyers of NYC Consider?

Precious-metal items vary widely in form, purity, and secondary market potential. Our specialists evaluate individual pieces, matched sets, high-volume accumulations, and multi-metal estate collections:

01

Gold

Fine jewelry (10K, 14K, 18K, 22K, 24K), sovereign gold coins (Eagles, Maples, Krugerrands, Pre-1933), minted & cast bars, bullion, scrap gold, dental gold, and mixed gold lots.

Explore Sell Gold in NYC
02

Silver

Sterling silver jewelry (.925), flatware services, hollowware, tea sets, silver bullion bars (1 oz to 100 oz), American Silver Eagles, 90% pre-1965 U.S. silver coinage, and silver rounds.

Explore Sell Silver
03

Platinum

Platinum jewelry (Pt900, Pt950), bridal settings, diamond mountings, sovereign platinum coins (Platinum Eagles, Maple Leafs), and minted platinum bullion bars from accredited refiners.

Explore Sell Platinum
04

Palladium

Palladium jewelry (Pd950), collectible palladium coins (American Palladium Eagles, Russian Ballerinas), and investment-grade palladium ingots evaluated for exact purity and fine weight.

Explore Sell Palladium
05

Bars & Ingots

Minted wafers, cast bars, and poured ingots from recognized LBMA refiners (PAMP Suisse, Valcambi, Credit Suisse, Royal Canadian Mint, Engelhard, Johnson Matthey) in sealed assay cards or loose form.

Explore Sell Gold Bars
06

Mixed Lots & Estates

Inherited jewelry boxes, multi-metal coin albums, unmarked estate accumulations, dental gold, and diversified precious metal portfolios evaluated with structured itemized records.

Schedule Collection Review
Item Form & Market Pathways

Why the Form of the Item Matters

The same precious metal can follow very different resale routes depending on its manufactured form. Before calculating weight or looking at raw spot prices, we establish exactly what the piece is:

Jewelry & Decorative Objects

Rings, chains, bracelets, brooches, flatware, and signed pieces evaluated for complete-piece resale, brand provenance, and gemstone value before considering recoverable metal content.

Government-Issued Coins

Sovereign bullion coins, circulating historic currency, proof sets, and commemoratives trade based on a combination of fine metal weight, mintage rarity, and active numismatic demand.

Privately Minted Rounds

Coin-shaped bullion products produced by commercial mints evaluated for verified fine metal purity and weight without legal tender premiums.

Minted & Cast Bullion Bars

Sealed wafers, minted ingots, and cast bars from accredited refiners evaluated for physical density, assay packaging integrity, and immediate wholesale liquidity.

Scrap & Broken Fragments

Tangled chains, single earrings, damaged mountings, and dental scrap evaluated purely on net recoverable fine metal content with zero aesthetic deductions.

Specialty & Industrial Metal

Grain, casting shot, filings, sweeps, dental gold, and laboratory platinum lots. Please call 646-400-4553 prior to transport for specialized intake coordination.

Valuation Methodology

How a Precious-Metals Evaluation Works

An item-specific purchase evaluation considers several distinct layers of information together to establish fair market value:

Precious metal identification, hallmarks and physical evaluation in NYC

1. Identity and Construction

Category First

What is the item, which metal may be present, and is it solid, filled, plated, hollow, weighted, mixed, or assembled with nonmetal components?

Seller Guidance: Photographs assist initial routing; in-person non-destructive inspection confirms exact metallurgy.

2. Weight and Fineness

Net Fine Weight

What is the verified precious-metal-bearing weight, and what fineness or purity applies across the total metal content?

Seller Guidance: Offers are calculated on verified net fine metal content, separate from base metals or fillers.
Fine jewelry, diamonds and brand evaluation in NYC

3. Complete-Piece Potential

Value Beyond Metal

Does the item have brand, design, gemstone, antique, vintage, collectible, functional, or set value beyond the metal content alone?

Seller Guidance: Signed luxury jewelry and recognizable estate makers are evaluated for complete-piece resale.

4. Product Recognition

Product Liquidity

Is a coin, round, or bar a recognized product with identifiable specifications, refiner credentials, and an established market?

Seller Guidance: Recognized sovereign bullion and minted wafers command premium wholesale trading liquidity.
Silver and precious metal bars verification and market conditions in NYC

5. Condition and Completeness

Verification State

Are stones, components, original packaging, assay cards, receipts, documents, matching pieces, or accessories present?

Seller Guidance: Keep original boxes, certs, and spare links together; never clean or polish antique items.

6. Market Conditions

Market Benchmark

What relevant precious-metal spot indices, collector demand, fine jewelry markets, or bullion secondary spreads exist at the time of evaluation?

Seller Guidance: Live wholesale benchmarks serve as pricing baselines; offers reflect verified net purity and spreads.
Gold bars and transparent settlement in NYC Diamond District

7. Potential Valuation Route

Secondary Route

Would the item be considered as a complete piece, recognized bullion product, rare collectible, component lot, or recoverable metal?

Seller Guidance: We determine the optimal resale or refining pathway to present the highest competitive value.

8. Transparent Offer & Settlement

Live Settlement

We explain all calculation factors in plain language and present an immediate payment offer with same-day wire or check settlement and zero pressure.

Seller Guidance: An evaluation carries zero obligation to sell; you are free to accept or decline at any time.
Fine Metal Valuation Concept

Verified Metal-Bearing Weight × Verified Fineness = Fine Metal Weight

For bullion and scrap pieces, this educational formula establishes net precious metal content. Gross weight can include gemstones, springs, solder, resin, or base-metal components. Recognizable coins, signed jewelry, and collectible items are evaluated for secondary market premiums beyond fine metal content.

Metallurgical Construction Standards

Solid, Filled, Plated and Mixed Construction Are Not the Same

A gold or silver color does not establish that an item is solid precious metal. Construction classifications describe exactly how much precious metal is present, where it is located, and how it is priced.

Our specialists conduct non-destructive metrological testing to verify true internal metallurgy without guessing or altering your pieces.

Construction Standards

Precious Metal Construction Classifications

How an item is constructed determines the proportion of fine precious metal present:

1. Solid Gold or Gold Alloy

Highest Intrinsic Value

Gold alloyed uniformly through the entire body of the metal at an identified karat (10K, 14K, 18K, 22K, 24K) or fineness.

Seller Takeaway: The verified metal-bearing weight and fineness can be central.

2. Gold Filled / Rolled Plate

Bonded Alloy Layer

A mechanically bonded layer of gold alloy over a base metal core (typically 1/10 or 1/20 10K/12K/14K GF).

Seller Takeaway: It is not equivalent to solid gold of the same gross weight.

3. Gold Plated / Electroplated

Surface Layer

A comparatively thin gold layer deposited on another material (marked GP, HGE, EP).

Seller Takeaway: The underlying item is not solid gold merely because the surface is gold colored.

4. Vermeil

Gold Over Sterling

Sterling silver (.925) coated with gold under the applicable legal definition.

Seller Takeaway: The underlying silver and the gold layer are distinct considerations.

5. Sterling Silver

Solid Silver 925

A silver alloy commonly marked 925, containing at least 92.5% fine pure silver.

Seller Takeaway: Sterling is different from silver-plated base metal.

6. Silver Plate

Base Metal Body

A silver surface layer deposited over another base metal material (copper, brass).

Seller Takeaway: Gross object weight is not solid silver weight.

7. Platinum & Palladium Alloys

Pt & Pd Marks

A precious-metal alloy that may carry a metal and fineness mark (Pt900, Pt950, Pd950).

Seller Takeaway: Color alone is insufficient; the mark and item should be reviewed.

8. Weighted & Hollowware

Composite Core

Sterling candlesticks, compotes, or hollow gold bangles filled with pitch, resin, cement, or lead for stability.

Seller Takeaway: Net silver or gold weight is accurately determined by deducting internal non-metal filler.

9. Hallmarks & Markings

Physical Clues

Marks such as 750, 585, 925, 950, Pt, or Pd are useful clues but can be worn, missing, altered, or counterfeit.

Seller Takeaway: Stamps should always be reviewed together with physical non-destructive inspection.
Metrology Standards

Troy Ounces, Pennyweights and Grams

Precious metals are commonly measured in troy units. One troy ounce equals 20 pennyweights and 31.1034768 grams. This is different from the ordinary ounce used for many household goods.

1. Grams

Metric Weight

Precious metal items, particularly jewelry and scrap lots, are frequently weighed in metric grams on certified scales.

Ask the Buyer to Clarify: Whether the conversion to troy ounces or pennyweights is shown and which weight is being converted.

2. Pennyweights (DWT)

1 DWT = 1.555g

Traditional jeweler’s unit of weight where 20 pennyweights (DWT) make up exactly one full troy ounce.

Ask the Buyer to Clarify: The applied number of pennyweights and the purity or fineness used.

3. Troy Ounces

31.1035 Grams

The universal international benchmark unit for measuring and trading all fine precious metals worldwide.

Ask the Buyer to Clarify: Whether the figure is gross weight, metal-bearing weight or fine metal weight.

4. Household Ounces

28.35 Grams

Ordinary avoirdupois ounce used for food and postal goods, which is approximately 10% lighter than a troy ounce.

Ask the Buyer to Clarify: Whether the scale is using ordinary avoirdupois ounces rather than troy ounces.
Value Beyond Metal

Could an Item Be Worth More Than Its Metal Content?

Yes. A precious-metal item should not automatically be reduced to metal content before our team screens for other potentially relevant secondary market value:

1. Brand or Maker

Example: Signed jewelry, recognizable luxury houses, known silversmiths or established refiners.

2. Gemstones or Components

Example: Diamonds, colored stones, pearls, watch movements, clasps or reusable parts.

3. Collector or Numismatic Market

Example: Rare coins, recognized varieties, certified pieces, vintage bars or original sets.

4. Design, Period or Workmanship

Example: Estate, antique, vintage, handcrafted or artistically significant pieces.

5. Completeness and Documentation

Example: Matched pieces, box, assay card, receipt, grading report, service records or provenance.

6. Recognized Product Market

Example: Widely traded bullion coins, rounds or bars with verifiable specifications.

Selling Options

Comparing Ways to Sell in New York

Compare the primary precious metals selling channels by speed, return, deductions, and transaction security before deciding how to proceed:

Auction or Consignment

Rare Collector Pieces
Advantages & Best Fit

Can expose exceptional, historic, or numismatically rare coins and signed estate metalwork to multiple international bidders when timing is flexible.

Questions to Ask

What are the seller commissions (15%–30%), cataloguing fees, insurance costs, reserve policies, and payout settlement timelines?

Online Mail-In Buyers & Marketplaces

Remote Quotes & Transit Risk
Advantages & Best Fit

Allows remote submission from home when local specialized precious metal buyers are unavailable in your geographic region.

Questions to Ask

Who covers fully declared transit insurance, what is the policy for returning declined lots, and are online quotes preliminary estimates or binding offers?

Retail Dealer Trade-In

Inventory Swap
Advantages & Best Fit

Simplifies acquiring another jewelry or bullion piece immediately when a retailer has the replacement inventory you desire in stock.

Questions to Ask

Is the trade allowance calculated separately from the replacement piece markup? Are both sides itemized transparently?

Pawn or Collateral Loan

Short-Term Funding
Advantages & Best Fit

May preserve underlying precious metal ownership when temporary liquidity is needed from a licensed collateral lender.

Questions to Ask

What are the monthly interest rates, storage fees, default grace periods, and redemption procedures?

Step-by-Step Guidance

The Purchase-Evaluation Process

Our structured evaluation is conducted in-person at our Manhattan Diamond District office with complete transparency and zero obligation to sell.

Step 01

1. Describe the Item

Use the evaluation form or call with metal type, form, approximate quantity, condition, markings, and documents you know about.

Step 02

2. Bring It to Manhattan

Appointments are preferred; walk-ins welcome during weekday hours. Call ahead before transporting large or heavy lots.

Step 03

3. Metrological Review

Items are weighed, inspected, and verified against markings, documents, and known product characteristics via non-destructive testing.

Step 04

4. Market Route Review

The team screens for complete-piece, bullion-product, collector, or recoverable metal value together with current market conditions.

Step 05

5. Review Any Offer

We explain the principal factors behind the offer. You may accept same-day payout or decline with zero obligation and zero fees.

Preparation Guide

How to Prepare Precious-Metal Items

Bring items as found. Do not scratch, file, drill, acid-test, melt or alter them at home:

Do Not Clean Collectible Coins

Do not polish antique, signed or vintage pieces solely for an evaluation.

Keep Components Together

Keep stones, loose components, matching pieces, broken clasps, spare links and original parts together.

Bring Documents and Packaging

Receipts, grading reports, assay cards, boxes, service records, prior appraisals and inventory notes when available.

Group Collections Carefully

Group by category without discarding original envelopes, labels, holders or packaging.

Inventory Large Lots

Create a simple inventory for a large lot and call 646-400-4553 before transport.

Do Not Upload Sensitive Records

Do not send government identification, banking details, serials, wills, trusts or sensitive records through the web form.

Offer Transparency

Why a Published Spot Price Is Not the Same as a Purchase Offer

Ask these 6 critical questions before accepting any precious metal purchase offer:

Q1

Market Reference & Timing

Which market reference (LBMA / COMEX) and specific time were used to establish the baseline spot price?

Q2

Applied Weight Basis

Which weight was applied: gross bulk weight, precious-metal-bearing weight, or net fine metal weight?

Q3

Fineness & Purity Factor

Which fineness or karat purity percentage was used to calculate the recoverable fine precious metal?

Q4

Product vs. Scrap Route

Was the item considered as a complete piece, recognized bullion product, collectible, or recoverable scrap metal?

Q5

Deductions & Fees

Were any refining fees, melting charges, assay deductions, or transaction commissions applied?

Q6

Payment Method & Timing

What are the final settlement method (same-day wire/check) and timing after all transaction requirements are satisfied?

Our Team

Connect with Our Experts

A team of buyers reviews eligible gold, silver, platinum and palladium items at our Manhattan Diamond District office. Named credentials, staff counts and testing instruments are published only when verified.

Savannah Nguyen

Head of Precious Metals

Cody Fisher

Head of Fine Jewelry

Leslie Alexander

Head of Watches

Jacob M.

Head of Diamonds & Precious Stones

FAQ

Frequently Asked Questions About Selling Precious Metals

What precious metals do you consider?

Buyers of NYC may consider gold, silver, platinum and palladium in eligible forms such as jewelry, coins, bars, bullion, scrap and mixed collections. Acceptance and any offer depend on the specific item and the company’s current purchasing needs.

Do you buy items that are broken or unmarked?

Broken, incomplete and unmarked items may still be reviewed. Missing marks do not automatically mean an item has no precious-metal content, and a mark alone does not prove content.

Is gold-filled or gold-plated jewelry the same as solid gold?

No. Gold-filled and rolled-gold products use a bonded layer of gold alloy over another metal, while plated items use a comparatively thin surface layer. They should not be treated as solid gold of the same gross weight.

Is sterling silver the same as silver plate?

No. Sterling silver is an alloy commonly marked 925, while silver plate is a surface layer over another material. Construction should be identified before the item is valued.

How do you weigh precious metals?

Precious metals are commonly referenced in troy ounces, pennyweights or grams. The relevant weight should be identified clearly, including whether it is gross weight, precious-metal-bearing weight or fine metal weight.

Does the daily spot price determine my offer?

A market reference can be one input, but it is not the same as an item-specific purchase offer. Product type, fineness, condition, authenticity, marketability, documents and the likely route can also matter.

Can a jewelry item be worth more than its melt value?

Yes. Brand, gemstones, design, period, condition, completeness and resale demand may support a complete-piece or component evaluation before a recoverable-metal route is considered.

Should I test or clean my items before visiting?

Do not scratch, drill, file, acid-test or melt an item at home. Avoid polishing antique or signed pieces and avoid cleaning collectible coins; bring them as found.

Can you evaluate a large collection?

The team may review collections and mixed lots, but call before transporting a large, heavy or specialized holding so the visit can be planned appropriately.

Can I receive a final offer from photographs?

Photographs and descriptions can help the team decide whether an item appears to fit a category and what to bring. A final offer generally requires inspection of the physical item and completion of applicable transaction procedures.

Do I have to sell after an evaluation?

No. A purchase evaluation is free and carries no obligation to accept an offer.

What identification or ownership documents are required?

Identification, seller signatures, ownership authority and transaction records may be required when a purchase is completed. Do not upload sensitive documents through the general inquiry form; the team can explain the appropriate transaction-stage process.

Start Your Evaluation

Visit Buyers of NYC in Manhattan’s Diamond District

Buyers of NYC is located at 36 W 47th Street, Booth W07, New York, NY 10036, in Manhattan’s Diamond District. Current published hours are Monday – Friday: 10:00 AM – 6:00 PM. Appointments are preferred and walk-ins are welcome during published hours.

Manhattan Office

36 W 47th Street, Booth W07
New York, NY 10036
(Between 5th & 6th Avenues)

Hours of Operation

Monday – Friday: 10:00 AM – 6:00 PM
Appointments preferred; walk-ins welcome

Direct Phone & Email

Phone: 646-400-4553
Email: buyersofnyc1@gmail.com

For high-volume precious metals, multi-metal estates, or heavy bullion holdings, calling 646-400-4553 in advance reserves dedicated time with our senior precious metals specialists.

Request a Precious Metals Evaluation

Describe your gold, silver, platinum, or palladium items, approximate weight, markings, format, and packaging.

Evaluation Policy: Identification, seller verification, and transaction records are required at purchase. Online submissions are preliminary for routing and do not constitute a binding purchase offer.

Reviewed by Buyers of NYC Precious Metals Evaluation Team Last reviewed August 2026 | Manhattan Diamond District