Where To Buy Gold In Farmingdale, New York

Buying Gold Near Farmingdale Is Easy As 1...2...3!

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Buying gold in Farmingdale, New York has never been easier! Dozens of local and national gold dealers are standing by to help you invest!

Local Gold Dealers

1) SS Jewels

1.08 Miles Away (516) 455-3057 305 Northwest Dr Farmingdale, NY 11735

2) Cash For Gold Jewelry Exchange

2.80 Miles Away (516) 470-9531 3695 Hempstead Tpke Levittown, NY 11756

3) PayMore

3.63 Miles Away (516) 541-2100 581C Broadway Massapequa, NY 11758

4) Collectors Coins & Jewelry

3.81 Miles Away (516) 541-4040 400 Sunrise Hwy Massapequa Park, NY 11762

5) Good Old Gold

3.84 Miles Away (516) 798-5151 5278 Sunrise Hwy Massapequa Park, NY 11762

6) Benny Jewelry

5.64 Miles Away (631) 731-7711 68 Rte 109 West Babylon, NY 11704

7) The Gold Standard of Syosset

5.84 Miles Away (516) 324-3210 150 Aerial Way Syosset, NY 11791

8) Fantasy Jewelers

5.91 Miles Away (631) 422-7700 66 Arnold Ave West Babylon, NY 11704

9) Huntington Stamp & Coin

8.11 Miles Away (631) 421-5230 1060 E Jericho Tpke Huntington, NY 11743

10) Gold Coast Jewelry & Pawn

9.06 Miles Away (631) 754-2679 1786 E Jericho Turnpike A A Huntington, NY 11743

Gold Purchase Formats

There are a number of physical formats you can consider when buying gold:


  • Gold Coins: Some coins have a "rarity" component associated with them that can add to their value. Coins are a great option but avoid purchasing based on rarity unless you really know what you're doing
  • Gold Jewelry: Investing in jewelry is another option. You'll take craftsmansip, design, and purity into account when valuing these items.
  • Gold Bars: Bars are typically quite pure, and stamped with the name of the production refinery. Value is directly aligned to the amount of metal in the bar.
  • Gold ETFs: These are funds designed to follow the spot price of gold. It doesn't mean you own anything physically, and isn't an effective hedge against total system collapse (but can be a good investment vehicle for some).

Tips For Buying Gold In New York

Keep Some Gold Nearby - But Not Too Much

Governments around the world have seized noble metals from time to time, so keeping your entire stash locally could be a bad idea depending on where you live.


Safe jurisdictions like Switzerland should be considered when you get to the point of holding a significant (tens of thousands of dollars worth generally) amount.

Don't Buy Gold On Credit

Buying gold on credit or speculating on the future price can lead to getting yourself in a significant financial jam.


Instead, put some money to the side that you're sure you're not going to need in a short time horizon, and use that to invest.

Gold Purchase Format

As a general rule, you should look at buying legal tender gold coins wherever possible. This will almost certainly include less overhead and premium than other formats, and be closer to the true spot price of gold.


Purchasing rare gold coins should be avoided unless you really know what you're doing. Some subjective measures of value are easy to misjudge, and may result in you getting taken advantage of.

Stick To Physical Gold Coins, Bullion, and Jewelry

Gold owned through a commodities exchange, or "on paper" is no substitute for physical bars, coins, or jewelry. Exchanges are heavily leveraged, which means if everyone tried to "cash out" at once, there isn't enough physical metal to go around.


Moreover, precious metals are typically meant as a hedge against the complete collapse of the traditional banking infrastructure. If you wind up needing it, you'll want to have it close at hand!