Listing № 72372 · New York, NY
The Precious Metals Group
Gold & silver buyer in New York, New York · Est. 2010 (16 years)
30 W 47th St Suite 906, New York, NY 10036
Buys: U.S. coins, Gold coins, Silver coins, Bullion bars & rounds. What they buy & services
Photos from The Precious Metals Group's website
Photos from the dealer's website · Scroll for more
The Precious Metals Group is a gold & silver buyer that also buys coins. For a whole collection, rare dates or graded coins, a dedicated coin shop will usually know the numismatic value better. Compare coin shops in New York →
§ 01
What The Precious Metals Group buys and does
From The Precious Metals Group's own website (1 page read). Hover a ✓ to see their wording.
They buy
- U.S. coins
- Gold coins
- Silver coins
- Bullion bars & rounds
- Gold jewelry & scrap
- Sterling silver
- Platinum
- Diamonds
- Watches
Services
- Free appraisals
Pricing & payment
- In their words
- “we use live spot market pricing and test your items for purity”
- Pays sellers by
- cash, check, wire
- Payment timing
- Same day
Specialties: Scrap gold · Diamonds · Luxury watches · Morgan and Peace dollars · Junk silver · Diamond District.
§ 02
What recent customers report
We read the 25 most recent public Google reviews (Aug 2014 – Aug 2026) and counted what they mention. We don't republish reviews.
- Recent rating
- 5.0★
- last 25 reviews
- Reviews, past 12 months
- 9
- steady
- Owner replies
- 12%
- of recent reviews
- Customer-reported offers
- —
- too few offer mentions
§ 03
Trust record
Better Business Bureau
No BBB profile found for this business. That's common for small shops and isn't a red flag on its own.
Credentials & licenses
- NYC DCWP Pawnbroker #2105607-DCA · Active registry ↗
- NYC DCWP Secondhand Dealer - General #2105862-DCA · Active registry ↗
- ◆Items are tested and weighed at the counter in front of the customer
- ◆Evening and Saturday appointments available if you call ahead; walk-ins welcome Monday to Friday 10am to 6pm
- ◆Says most transactions finish in under 10 minutes
- ◆Buys watches without original box or papers
- ◆Tests gold with professional acid and electronic testing equipment
Source: The Precious Metals Group's website, read Oct 2026.
§ 04
Before you sell here
- 1
Know your metal floor before you walk in.
Gold is — and silver — an ounce right now. Our offer checker compares an offer with metal value and dated examples of published buy prices.
- 2
Know New York's seller rules.
New York has no single statewide rulebook for coin shops that buy from the public. The rules come from city, county, town and village laws, plus state law for pawnbrokers (General Business Law Article 5).
No statewide holding period for coin or bullion dealers was found.
Source: NYC DCWP Inspection Checklist: Secondhand Dealers (ID, signature, records, LeadsOnline, 15-day rule, minors, scales), NYC Administrative Code 20-264 to 20-268 (definitions, license, fee, restrictions: minors, 15-day hold) · All New York rules
- 3
Call ahead for anything bigger than a few coins.
Ask whether the person who prices collections is in that day, and whether they pay by cash or check or wire for larger amounts.
- 4
Get a second offer.
There are 51 other coin buyers within 10 miles — compare them below. Read how to sell a coin collection first if this is your first time.
Questions to ask The Precious Metals Group
We couldn't confirm these from public sources, so ask before you go:
- What would you pay today for a 1 oz American Silver Eagle, and for $1 face value of pre-1965 silver? (Ask two shops the same question to compare.)
§ 05
Compare coin buyers near New York
How it compares in New York
- Google reviews20th of 32 · 25
- Reviews in the past year10th of 21 · 9
- Owner replies to reviews13th of 21 · 12%
- Hours open per week16th of 34 · 44 h
Among 34 coin buyers we list in New York. Ranks describe one measure each; none is a verdict.
If this shop isn't the right fit
- Nearest dedicated coin shop: Manhattan Coin Shop~0.0 mi
- Nearest open on Sunday: Buyers Of NYC Gold Selling Of Midtown NYC~0.0 mi
- Nearest open Saturday: Sell Gold Coins NYC~0.0 mi
- Nearest NGC-authorized dealer: Bullion Exchanges~0.0 mi
- Nearest that buys estates: AGR Gold~0.0 mi
| Dealer | Type | Distance | Customer-reported offers | Sat / Sun | |
|---|---|---|---|---|---|
| The Precious Metals Group (this shop) | Gold & silver buyer | — | 5.0★ (25) | — | – / – |
| Bullion ExchangesNew York | Bullion dealer | 0.0 mi | 4.5★ (910) | — | – / – |
| Stack's Bowers GalleriesNew York | Numismatic auction house | 0.6 mi | 4.4★ (289) | — | – / – |
| Bullion Trading LLCNew York | Bullion dealer | 0.0 mi | 4.8★ (248) | — | – / – |
| Heritage AuctionsNew York | Numismatic auction house | 0.6 mi | 4.2★ (133) | — | – / – |
| Big Apple CoinsNew York | Coin shop | 0.1 mi | 4.9★ (96) | — | – / – |
| Manhattan Coin ShopNew York | Coin shop | 0.0 mi | 4.1★ (96) | — | – / – |
| Astoria Coins & CollectiblesQueens | Collectibles store | 2.9 mi | 4.6★ (49) | — | – / – |
| Honest Coin & Gold Jewelry BuyersHoboken | Coin shop | 2.9 mi | 5.0★ (674) | — | Sat / Sun |