Where To Buy Gold In Melville, New York

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

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

Local Gold Dealers

1) Huntington Stamp & Coin

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

2) SS Jewels

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

3) Gold Coast Jewelry & Pawn

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

4) The Gold Standard of Syosset

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

5) Cash For Gold Jewelry Exchange

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

6) Benny Jewelry

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

7) Fantasy Jewelers

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

8) Good Old Gold

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

9) Collectors Coins & Jewelry

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

10) PayMore

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

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

Invest On A Long Time Horizon

When investing in any asset, including gold, it's important to keep the time horizon in mind. Prices fluctuate, and over a longer time horizon there's a better chance of your investment appreciating in value.


The last thing anyone would want is to invest money they'll need in the coming months, only to have the market move against them. Talk to your financial adviser, and carefully plan any future purchases.

Maintain Direct Control Of Your Gold

If you're not buying an huge amount of gold, you should aim to maintain direct control over it at your home or other property.


If you're investing heavily, to the point where you need a safe alternative location to store it, be sure to go somewhere like Switzerland with strong property rights. It's key to make sure they can't lend or hedge using your stash.

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.

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.