Welcome to my review of Coin Exchange NY!
Are you looking for a company that you can trust when it comes to precious metals?
Are you also planning on buying or selling them at their best price?
If so, let us get to know one company to another before you make any decisions!
In this article, we will get to know Coin Exchange NY!
Who they are? How do they work? What do I like and hate about them? and many more…
So, let us start!
Coin Exchange NY Quick Review
Coin Exchange NY Summary Review
- Name: Coin Exchange NY
- Website: www.coinexchangeny.com
- Founder: Not Disclose
- Pricing: Varies
- Rating: 4.5/5.0
What is Coin Exchange NY?
The Coin Exchange (CE) NY was established in 2011.
It has emerged as a prominent figure in Bullion, Currency, Numismatics, and Jewelry & Watches. Guided by an unwavering dedication to exceptional customer service, CE boasts a team with over 30 years of combined expertise. Not just facilitating transactions, CE takes pride in enlightening customers about their purchases and holds the prestigious position of an authorized dealer by recognized authentication companies such as PCGS, NGC, and PMG.
For those intrigued by coins, jewelry, and watches, Coin Exchange NY is the destination to explore. With a diverse range of products and an emphasis on education, CE remains a standout player in the field.
How They Works?
If you're eager to make a purchase at Coin Exchange NY, the process is straightforward and convenient. To get started, there are 2 ways, First is via there official store at Hartsdale, New York and the othere one via online, just follow these simple steps:
- Explore Their Selection: Begin by exploring the impressive range of products offered by Coin Exchange NY. Whether you're interested in coins, jewelry, watches, or more, their diverse collection has something for everyone.
- Choose Your Items: Once you've found items that catch your eye, select them and add them to your virtual shopping cart. Feel free to browse through their extensive selection to find exactly what you're looking for.
- Proceed to Checkout: When you're ready to complete your order, navigate to your shopping cart and review the items you've selected. Make any necessary adjustments and ensure you're satisfied with your choices.
- Provide Shipping Information: Next, you'll need to provide your shipping details. This ensures that your order reaches you safely and promptly. Coin Exchange NY takes great care in packaging their items for secure delivery.
- Payment Options: Choose your preferred payment method from the available options. Coin Exchange NY accepts various payment methods, offering flexibility for your convenience.
- Review and Confirm: Before finalizing your order, take a moment to review your selections, shipping information, and payment method. Once you're confident that everything is accurate, confirm your order.
- Order Confirmation: After confirming your order, you'll receive an order confirmation email from Coin Exchange NY. This will include important details about your purchase, such as tracking information.
Coin Exchange NY strives to make your ordering experience seamless and enjoyable, ensuring that you receive the items you desire with ease.
The Product and Services They Offer
Here’s what Coin Exchange NY buy and Sell:
Gold
When it comes to gold, Coin Exchange NY offers U.S. Pre-1933, United States, Chinese, Certified Coins, and World Coins. They vary also in terms of weight like 1 oz, 1/10 oz, and 1/4 oz. The company also has coins from the year 1800-1899, 1900-1966, and 1967-present.
An example of a coin that they offer is 1987 $10 Gold American Eagle struck in 1/4 Troy Ounce of .9167 Fine Gold graded Mint State 69 (MS-69) by NGC.
Each coin is described based on its denomination, condition, grade designation, mint/brand, metal type, aggregate precious metal weight, and SKU.
Silver
Coin Exchange NY also offers silver products like America the Beautiful, Morgan & Peace dollars, Pre-1965 US Silver, United States, Chinese, Australian, Mexican, British, Private Mint, Certified Coins, and World Coins.
They also offer silver in the form of bar, bullet, coin, and rounds. It also offers silver products in 1 oz, 10 oz, 100 oz, 2 oz, 5 oz, and others.
Platinum/Palladium
The company also offers platinum coins and bars and palladium coins and bars.
Numismatic
Coin Exchange NY also offers numismatics in different forms like dollars, half dollars, quarters, dimes, half dimes, nickels, one cent, half cents, pre-1933 gold, and post-colonial.
They have both certified and uncertified numismatics.
Currency
The company offers US Currency and Chinese Currency for its World Currency.
Jewelry
Coin Exchange NY also offers jewelry of different categories like David Yurman, Cartier, Tiffany and Co., other brands, estate jewelry, and coin jewelry.
Watches
Aside from pieces of jewelry, the company also offers watches. They have pre-owned vintage watches, pre-owned luxury watches, pre-owned designer watches, pre-owned pocket watches, and others.
Others
Coin Exchange NY also offer other valuable products like copper leaf soap dish, silver repousse incense burners, leather strap, sterling silver feeding spoon, silver salt shakers, and pepper grinders, and many more.
Here's what services they offer:
Buying and Selling
The company buys and sells U.S. coins in gold, silver, and copper, U.S. Paper Money, and World coins in gold and silver.
Expert Witness
Qualified as an expert witness in New York State.
Certified Appraisals
Member of Appraisers Association of America (AAA), certified in numismatics. Appraisals for estate, donation, insurance, or other purposes in compliance with current IRS regulations and USPAP standards.
Numismatic Consulting
If you are considering buying, selling, or consigning and you’re not exactly sure what you want or how to proceed they can help with expert advice.
Grading and Authentication
As an authorized dealer for CAC, NCS, NGC, PCGS, PCGS Currency, and PMG they can submit your coins and currency for certification or verification.
Want List
They can help you build your collection on what coins do you prefer. They can look for items or products that you want.
Price and Fees
Coin Exchange NY operates within U.S. Dollars, with prices showcased on their website. While they strive for accuracy in inventory and pricing, occasional discrepancies can arise due to market fluctuations, availability, or typographical errors. Their commitment to accurate information remains steadfast. In cases of pricing errors, Coin Exchange NY reserves the right to cancel or reject orders, notifying customers via email. Additionally, they retain the right to charge the provided credit card for market losses stemming from non-compliance with the User Agreement, covering fluctuation-related costs. This approach ensures transparency and accountability for both parties.
Coin Exchange NY Shipping/Ordering Process
Coin Exchange NY ensures a seamless and straightforward process for ordering and shipping. Here's how it works:
Coin Exchange NY's Shipping Process:
They employs the US Postal System as its primary shipping method, with the flexibility to choose alternate providers if necessary. Discretion is a key consideration, as they use discreet shipping labels to protect the valuable contents within packages. For security reasons, billing and shipping addresses must match, and customers receive email confirmations with tracking information upon shipping. Their insurance policy covers free insurance for every package, though limitations apply if tracking indicates delivery; nonetheless, Coin Exchange NY takes full responsibility for transit-related issues and initiates insurance claims accordingly.
Analyzing Coin Exchange NY's Order Processing:
When it c order processing demonstrates efficiency and adaptability. Orders paid through PayPal, credit card, or bank wire undergo processing within 1-2 business days, while personal or business check payments require 5-10 business days post-deposit for processing. These timelines may vary based on individual order history and amount, showcasing their customer-centric approach. The company's blend of reliability, discretion, and responsiveness makes them a trustworthy choice for acquiring precious metals, coins, and valuable items.
Coin Exchange NY aims to provide a hassle-free experience, from selecting your items to receiving them at your doorstep.
Reviews and Ratings
Here's what people says about them:
What I Like About Coin Exchange NY
Wide Range of Products and Services
The company offers a lot of products and services. As you can see from what we have indicated in this review, the product has a wide range of products and services!
It is like a one-stop-shop for precious metals and other valuable items.
Affiliated with many trusted associations
Coin Exchange NY is affiliated with many trusted associations when it comes to precious metals and many more like:
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
I like that the company uses a website wherein you can directly place an order and simply add to cart your orders and have them checked out.
You can easily see how much you have bought and carefully check them before placing your order.
What I Don't Like About Coin Exchange NY
No Cancellation
All orders are FINAL! You entered into a legally binding agreement upon checkout and CANNOT cancel a confirmed order once you have placed the order.
Return Policy Charges
Though Coin Exchange NY provides all customers with a refund, return or exchange policy on all the items that they sell, they require a 10% of the total purchase price as a restocking fee on all orders that are returned.
Did not mention IRA eligible products
Apparently, even if they have a wide range of products and services, they did not actually mention IRAs and if they can help you in having a gold or precious metals IRA.
Coin Exchange NY Review
From this review, we have seen that Coin Exchange NY is NOT A SCAM.
They have a wide range of products and services. With this, you won’t be needing to look for other companies if you are looking for a certain service or product.
They can even look for the items you want.
Aside from this, the company is associated with many trusted associations.
They also give high value to education.
So, overall, it is a good company and a company you can trust.
Final Thoughts
Coin Exchange NY focuses on retail sales and services.
Apparently, they do not indicate or mentioned anything about IRAs.
So, if you want to have a gold or precious metals IRA, I think Coin Exchange NY is not the one for you.
When it comes to this, I would definitely suggest that you go with GOLDCO.
Using precious metals to its advantage is best with GOLDCO. You can protect your savings and retirement funds by investing in gold and precious metals, and that is most possible with this company.
You can learn more about GOLDCO by clicking below!