Get the Highest Prices for Your Gold Jewelry, Coins, Bars & Scrap Gold in New York City
Since 2010, The Precious Metals Group has been NYC's trusted gold buyer, offering the highest prices and most transparent service in Manhattan. Located in the heart of Midtown at 30 W 47th St Suite 906, we make selling your gold quick, safe, and profitable.
Whether you have broken jewelry, old coins, gold bars, or dental gold, we buy it all. Our expert appraisers use certified testing equipment to ensure you get paid the maximum value for your gold.
Get a Free Quote TodayWe purchase all forms of gold - no quantity too small or too large
We Buy:
10K, 14K, 18K, 22K, 24K Gold
We Buy:
Any Quantity - Any Condition
We Buy:
All Karats Accepted
Get cash for your gold in as little as 10 minutes
Walk in during business hours (10am-6pm) or schedule an appointment for evening hours. Bring your gold items and valid ID.
Our certified appraisers test your gold using electronic testers and acid testing. We weigh each item on certified scales and explain the process.
We provide a transparent cash offer based on current market prices. No pressure - you're free to accept or decline our offer.
Accept our offer and receive cash on the spot. We can also do bank transfer or check if you prefer. The entire process takes about 10 minutes.
Gold prices fluctuate daily based on the global spot price. We pay based on the purity (karat) and weight of your gold. Here's what you need to know:
| Gold Purity | Karat | Gold Content | Common Items |
|---|---|---|---|
| 99.9% Pure | 24K | 100% | Coins, bullion, bars |
| 91.6% Pure | 22K | 91.6% | Coins (Krugerrands) |
| 75% Pure | 18K | 75% | Fine jewelry |
| 58.3% Pure | 14K | 58.3% | Most jewelry |
| 41.7% Pure | 10K | 41.7% | Budget jewelry |
Look for karat stamps on your jewelry (10K, 14K, 18K, etc.). This helps you know what you have before visiting us. If there's no stamp, don't worry - our testing will reveal the purity.
For 10 grams of 14K gold (current spot ~$65/gram):
Pawn shop: ~$250-$300
Mail-in service: ~$300-$350
The Precious Metals Group: $400-$450
Everything you need to know about selling gold in NYC
No appointment necessary during regular hours (10am-6pm). Walk right in! For evening appointments (6pm-11pm), please call ahead at 212-840-0415.
Just bring your gold items and a valid government-issued ID (driver's license, passport, or state ID). New York law requires ID verification for precious metals transactions.
We use electronic gold testers and acid testing kits. The process is non-destructive for most items. We test in front of you so you can see the results. We also use certified scales for accurate weight measurements.
Absolutely! Broken chains, single earrings, bent rings - we buy it all. The condition doesn't matter because we're buying based on gold content, not wearability. Broken gold often gets you the same price as intact pieces.
We buy gold-filled items (marked GF), but gold-plated items have too little gold content to have meaningful value. Gold-filled items typically contain 5% gold by weight and we can make offers on those.
Payouts depend on the current gold spot price, karat purity, and weight. We pay a high percentage of melt value - typically 75-90% of spot price depending on the item. Call us for a quote based on today's market prices.
We'll evaluate the gemstones separately! If they have value, we'll pay for both the gold and the stones. Common diamonds and precious stones can significantly increase your payout.
We show you the current spot price, explain our testing process, and show you the math. You can check live gold prices on your phone while you're here. We want you to be comfortable and informed.
Yes! We pay cash on the spot for most transactions. For larger amounts, we can also do bank transfer or certified check.
We buy dental gold including crowns, bridges, and fillings. Dental gold is often high purity (16K-20K) and can be quite valuable.
No minimum! We'll buy a single ring or hundreds of ounces. There's no maximum either - we have the capital to handle large transactions.
Typically 10-15 minutes from start to finish. We test, weigh, calculate, make an offer, and if accepted, pay you immediately. Quick and straightforward.
Address:
The Precious Metals Group
30 W 47th St Suite 906, 9th Floor
New York, NY 10036
Monday - Friday: 10:00 AM - 6:00 PM
Evenings: 6:00 PM - 11:00 PM (by appointment)
Saturday: By appointment only
Sunday: Closed
Licensed Dealer
NYC Licensed & Insured
Best Prices
Highest Payouts in NYC
Fast Service
Cash in 10 Minutes
Trusted Since 2010
Thousands of Happy Customers