Where To Buy Platinum In Lake Grove, New York

Buying Platinum Near Lake Grove Is Easy As 1...2...3!

Step 1
Place Your Order Online!

Step 2
Platinum shipped in 24 hours!

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

Local Platinum Dealers

1) Center Island Gold

0.74 Miles Away (631) 600-7656 2570 Middle Country Rd Brookhaven, NY 11720

2) Center Gold

1.19 Miles Away (631) 467-0400 2340 Middle Country Rd Centereach, NY 11720

3) All Good Gold Exchange

2.59 Miles Away (631) 767-9270 343C Hawkins Ave Ronkonkoma, NY 11779

4) A & D Gold And Silver Coins

2.64 Miles Away (631) 584-7070 428 Lake Ave Saint James, NY 11780

5) Gem Pawnbrokers

4.69 Miles Away (631) 946-6666 430 Middle Country Road Selden, NY 11784

6) Premier Coin Galleries

8.33 Miles Away (800) 820-5006 3240 Sunrise Hwy Ste 100 East Islip, NY 11730

7) William J O'Neill Sales Exchange

8.33 Miles Away (631) 289-9899 1 E Main St Patchogue, NY 11772

8) Budget Buy and Sell

8.37 Miles Away (631) 758-6363 2 E Main St Patchogue, NY 11772

9) Miller's Mint

8.66 Miles Away (631) 475-5353 313 E Main St Patchogue, NY 11772

10) R & S Diamond Exchange

10.77 Miles Away (631) 821-0689 285 Rte 25A Rocky Point, NY 11778

Platinum Purchase Formats

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


  • Platinum 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
  • Platinum Jewelry: Investing in jewelry is another option. You'll take craftsmansip, design, and purity into account when valuing these items.
  • Platinum 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.
  • Platinum ETFs: These are funds designed to follow the spot price of platinum. 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 Platinum In New York

Know And Comply With The Law

It's important to comply with the law when it comes to buying platinum, and knowing what they are goes a long way.


Under a certain dollar amount, there's no need to declare (which may be attractive to some), but once you hit a threshold you will need to (and should) declare your holdings.

Invest On A Long Time Horizon

When investing in any asset, including platinum, 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.

Stay Liquid

Having liquid platinum on-hand and ready in the event of a crisis is the best hedge. Being invested in platinum ETFs is fine depending on your objectives, but if you're truly hedging against unforeseen market collapses, you want physical metal in your possession.

Stick To Physical Platinum Coins, Bullion, and Jewelry

Platinum 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!