Investing has become increasingly important in recent years as people look for ways to secure their financial future.
Many different investment options are available, but few offer the stability and security of precious metals like gold and silver.
For those looking to buy gold and silver in Rochester, it is a wise investment choice that can offer a sense of financial security.
There are many options for purchasing these precious metals in the city, from online dealers to local coin shops.
Important Notice! Before you continue onwards:
Sutter Gold Mining prides itself on providing the most accurate and up-to-date information possible.
I put in long, hard hours to ensure all the information I provide is reliable and helpful for you to buy gold and silver. This is simply because financial decisions like this should be well-planned!
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In this article, I will take a closer look at some of the top dealers in Rochester. There is much to cover, so I will not waste more time.
Where To Purchase Gold & Silver In Rochester, NY
With the introduction, this section will talk about the dealers that have not only stood the test of time but excel in the services they provide.
If you have any additional questions, there is an FAQ section at the end.
1. Ridge Coin & Jewelry Exchange
Ridge Coin & Jewelry Exchange is one of the most reliable and respected dealers in Rochester, with over four decades of experience.
They are known for their exceptional customer service and honest approach, which has helped them establish a loyal clientele over the years.
Their team of experts is well-versed in the industry and is dedicated to making every transaction as smooth and hassle-free as possible.
One thing that sets Ridge Coin & Jewelry Exchange apart from other dealers is its commitment to transparency.
They provide detailed information on their website about the prices they offer so that customers rest assured that they will get the best rate in the city.
In addition, their website even has a section that lists their recent payouts so that customers can see exactly what they can expect to receive for their items.
This level of transparency is not commonly seen and should be respected and considered.
Phone Number: (585) 234-5678
Address: 1085 East Ridge Road, Rochester, NY 14621
Website: https://www.ridgecoin.com/
2. Greece Gold & Tech Exchange
Greece Gold & Tech Exchange is a family-owned business operated by two brothers passionate about gold and silver.
They deal in bullion, jewelry, and coins, making them a one-stop shop for all your precious metal needs.
One thing that makes them unique in a sea of gold dealers is live spot prices, which helps ensure that customers receive accurate and up-to-date valuations for their gold and silver.
In addition to buying and selling precious metals, Greece Gold & Tech Exchange is a serious coin buyer with a deep knowledge of rare and collectible coins.
This means that customers can confidently sell their coins, knowing they are receiving a fair and honest appraisal.
And for those who need a little extra cash, the shop also offers collateral loans on gold and silver items. This will allow you instant access to cash without giving away your prized possessions.
Phone Number: (585) 289-7355
Address: 2599 W Ridge Rd, Rochester, NY 14626
Website: https://www.greecegoldny.com/
3. Brighton Tokens & Coins
Brighton Tokens & Coins is the go-to dealer for those looking for rare coins.
With their extensive inventory and personalized service, they offer a level of expertise and attention that is hard to find elsewhere.
Moreover, they provide the best prices for buying and selling rare coins, making them a top choice for serious collectors.
This is possible, thanks to them specializing in this specific field rather than dealing in all kinds of numismatic items.
In addition to dealing in such commodities at the shop, the dealer also holds auctions on eBay, allowing collectors worldwide to bid on unique and rare items.
And for those who want to sell their coins, the shop offers the option to ship items to them or to visit their shop in person for a personalized valuation.
With their combination of expertise, fair prices, and more, Brighton Tokens & Coins could be a top choice to buy or sell rare coins in Rochester.
Phone Number: (585) 271-0210
Address: 1492 Monroe Ave, Rochester, NY 14618
Website: http://www.rightcoins.com/
4. New York Gold Diamond & Pawn
New York Gold Diamond & Pawn is another excellent option for people looking to trade precious metals in Rochester.
What sets them apart is their focus on providing fast, convenient service with no waiting. Customers can receive instant cash for their gold or silver items, making it a great option for those who need money quickly.
Customers appreciate New York Gold Diamond & Pawn’s commitment to offering fair market rates and never trying to undervalue items.
They also offer collateral loans on precious metals, providing a useful option for those who need a short-term loan.
With almost a solid five-star rating on Google, there were no disappointed customers. You will not be to once you visit the shop.
Phone Number: (585) 222-7296
Address: 512 Stone Rd, Rochester, NY 14616
Website: https://www.nygolddiamond.com/
5. Hollywood Diamonds Gold & Pawn
Hollywood Diamonds Gold & Pawn is a dealer specializing in buying and selling luxury watches, gold, silver, platinum collectibles, and other high-end items.
They are known for offering excellent prices and having a friendly, polite, and honest staff.
The owner Gabe is always present, ensuring that customers receive the best possible service and attention.
One thing that sets this business apart is their commitment to customer satisfaction.
They have a perfect rating on most review sites, with not even a single 4-star review, demonstrating their dedication to providing top-notch service and fair prices.
No matter what you have to sell or buy, even if it is not precious metal related, this company is worth considering.
Phone Number: (585) 867-0477
Address: 1600 W Ridge Road Suite 10, Rochester, NY 14615
Website: https://hollywooddiamondsgold.business.site/
6. Mann’s Jewelers
Mann’s Jewelers is a gem hidden in plain sight, nestled in the heart of Rochester.
For nine generations, this family-owned business has curated a collection of timeless jewelry pieces that will capture your heart.
From trendy designs to classic looks, they have something for everyone. And if you don’t see something that catches your eye, they can create a custom design tailored to your unique taste.
At Mann’s Jewelers, the customer is the center of attention. Their knowledgeable staff takes the time to listen to your needs and help you find the perfect piece of jewelry that suits your style and budget. They also offer fair prices and will not try to undervalue your items.
And if you have any questions or concerns, their friendly staff is always available to answer them. With their reputation for quality service and exceptional jewelry, this is a dealer you can trust.
Phone Number: (585) 271-4000
Address: 2945 Monroe Ave, Rochester, NY 14618
Website: https://www.mannsjewelers.com/
Frequently Asked Questions
Q1: How Much Do Gold Dealers Charge In Rochester, NY?
The price of gold and silver in Rochester is not fixed and can vary depending on several factors, including the current market rates, the dealer you choose to work with, and the type of precious metal you want to purchase.
While some dealers charge a premium for their services, others offer more competitive rates to attract customers.
Regardless, there is always something that has to be paid. You may have to pay around $20 above the spot price in Rochester.
Q2: Are There Taxes On Purchasing Gold & Silver In Rochester, NY?
New York State sales tax applies to precious metal purchases. The sales tax rate in Rochester is currently 8%. This number combines the state and even the county’s tax rates.
However, there are some exemptions to this tax that you may be eligible for, depending on the type of purchase you make.
This is fantastic news for investors wanting the maximum of their investments. If the investment amount is above $1000, then the state will impose no tax.
Q3: Can You Invest In A Gold IRA In Rochester, NY?
A gold IRA, or individual retirement account, allows you to hold physical gold and other precious metals as part of your retirement portfolio.
Many reputable gold dealers in Rochester offer gold IRA services and can help you set up and manage your account.
However, it’s important to do your research and choose a reputable dealer with a proven track record to ensure the safety and security of your investment.
A financial advisor can also provide valuable guidance on the benefits and risks of investing in a gold IRA.
Gold IRA services are a perfect way to diversify your assets and expand your investment portfolio. This, however, is only possible if you have a capable firm providing you with the service. I have gone ahead and compiled various reliable gold IRA companies for your benefit!
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Conclusion
Investing in precious metals has been a popular method of securing financial stability for centuries. If you’re looking for a reliable dealer, look no further than Rochester.
With many options available, including the longstanding Ridge Coin & Jewelry Exchange, the family-owned Greece Gold & Tech Exchange, and the unique services of Mann’s Jewelers, you’re sure to find the perfect fit for your needs.
Start your journey towards wealth and security today in Rochester by choosing a dealer from the list above.
Martin Thomas, the owner of Sutter Gold Mining, is a true gold investment aficionado. With decades of experience and a wealth of knowledge, he is the go-to source for anyone navigating the vast world of precious metals. Martin has dedicated decades of his life to understanding the intricacies of the precious metals market and the best strategies for maximizing returns. His expertise in this field is unmatched, and his commitment to helping others make informed investment decisions is unwavering. With him as your guide, you’ll gain a deeper understanding of the gold market and learn how to make smart investment choices that will benefit you for years. With his guidance and wisdom, you will never have to worry about taking the wrong investment step again.
