Coin Exchange NY Review: Is this a company you can trust?

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!

What is Coin Exchange NY?

Coin Exchange NY Review

The Coin Exchange (CE) NY was established in 2011.

It focused on providing quality and experienced customer service when it comes to bullion, currency, numismatics, jewelry, and even watches.

They have over 30 years of combined expertise in their respective fields and they prioritize educating their fellow patrons on the products that they buy and sell.

The Coin Exchange is also an authorized dealer with PCGS, NGC, and PMG.

Products and Services of Coin Exchange NY

Here’s what Coin Exchange NY offers:

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.

Here are some of the products that they 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.

Coin Exchange NY Review

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.

Coin Exchange NY Review

Platinum/Palladium

The company also offers platinum coins and bars and palladium coins and bars.

Coin Exchange NY Review

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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. 

Coin Exchange NY Review

Currency

The company offers US Currency and Chinese Currency for its World Currency.

Coin Exchange NY Review

Jewelry

Coin Exchange NY also offers jewelry of different categories like David Yurman, Cartier, Tiffany and Co., other brands, estate jewelry, and coin jewelry.

Coin Exchange NY Review

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.

Coin Exchange NY Review

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.

Coin Exchange NY Review

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.

Expert Witness

Qualified as an expert witness in New York State.

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.

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.

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.

Reviews and Ratings of Coin Exchange NY

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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 HATE 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!

👆 Learn More About GoldCo Here! 

Thank you for reading this review! You can leave your comments below! Have a nice day 🙂