Buying gold as an investment is not only an easy way to add to your investment portfolio, but it is a smart way to ensure that your money is protected in the event of a potential economic crisis. Gold has been used as currency throughout human history and investors can rest assured that gold and other precious metals will retain their value.
Gold bullion is gold in bulk with a minimum of 99.5% purity for bars and 90% purity for coins, with its value determined by the value of the bullion’s precious metal content (determined by its mass and purity). Gold bullion is seen as a sound investment option because it is protected against certain risks, such as currency risks, geopolitical risks, and/or inflation. But, not only is gold bullion a smart investment, it is a good way to diversify and expand your portfolio in a relatively safe way.
If you are an investor looking to purchase gold bullion in New York City, you will certainly want to find a reputable dealer to ensure that you get the highest return on your investments. That is why I put together this list of the Top 10 NYC gold bullion dealers.
Who are the Top 10 NYC Gold Bullion Dealers?
There are dozens of gold bullion dealers in NYC which can make choosing a dealer a little bit intimidating. Everyone wants the most bang-for-their-bucks and you will want to make sure that the gold bullion dealer you work with is being honest and trustworthy before you start purchasing from them.
Without further ado, here are the Top 10 NYC Gold Bullion Dealers:
- United Rare Coins & Precious Metals
The folks at United Rare Coins & Precious Metals have been in business for over 50 years and is a premier gold bullion establishment in NYC. Customers are often impressed with the good advice they are given, the consistently high purchasing payments, and their competitive sales prices.
- Bullion Trading, LLC
Bullion Trading, LLC is a big-time player in the gold bullion world in NYC. They have over $150 million dollars in annual transactions and have been in the precious metals game for over 20 years. Not only do they understand the gold market, they consistently offer fair service to their customers.
With the way things are lately, everyone is looking to get into the gold game. This means there are some unscrupulous gold bullion “dealers” who are coming out of the woodwork. This then means that you have a high chance of getting ripped off if you don’t know what you’re doing!
Gold-Bullion.org is owned by the Certified Gold Exchange and they know their stuff. They have an A+ rating with the Better Business Bureau (BBB) and their agents are extremely knowledgeable and fair with their sales/purchases of gold.
- Albert & Sons 47th Street Buyers
Albert & Sons are reported as the largest gold buyer in NYC and have a reputation of not only buying and selling gold and other metals, but also enjoy educating their customers throughout the entire gold bullion buying experience.
- Gainesville Coins
If you want a gold bullion buyer that has a large and ever-changing inventory, you want to visit NYC’s Gainesville Coins. This premier dealer keeps highly sought-after gold such as the Gold Buffalo, pre-1933 coins, and the American Gold Eagle, just to name a few. While constantly changing, Gainesville Coins makes sure that you get competitive rates.
- Birch Gold Group
Birch Gold Group wants you to understand your new investment strategy, so they go out of their way to ensure that you are completely educated before you make any gold bullion purchases. They believe that precious metals are a sound and safe method for expanding your investment portfolio and they want their customers to be happy with their decisions.
- AU Trading
If you want a gold bullion dealer that is available both in-person and on the internet, then you are going to enjoy working with AU Trading. They maintain a storefront and an easy-to-use website for all your gold purchases and sales. All of their data is verified to be accurate by Xignite, Inc, too.
- American Gold Refinery, Inc
American Gold Refinery, Inc is located in NYC’s “diamond district” and unsurprisingly, they deal in jewelry along with gold and other precious metals. You should know that they also tend to have higher prices for purchasing gold than other gold bullion dealers.
- Manfra, Tordella, & Brookes, Inc
Manfra, Tordella, & Brookes, Inc keeps an extensive inventory of gold on-site, which is great for gold bullion investors. What is a great addition is their inventory of overseas legal tender and investment bars and they have been doing so since 1957.
- Ross Precious Metals
Ross Precious Metals is another gold bullion dealer that makes sure their customers can use whatever method is most convenient for them to make investments–meaning they have a storefront and a website. They pride themselves on helping you to buy low and sell high.
For thousands of years, gold has had a monetary value that has been an excellent long-term store of value. Gold bullion is a great way to invest because it preserves your wealth, protects against inflation, and improves the diversification of your investment portfolio.
If you’re in NYC, or you’re an investor looking for options in the gold bullion buying game, consider these best gold bullion dealers in NYC as great options for all of your gold bullion buying and selling needs.