Coin Exchange NY Review (Is It A Scam?) (Updated 2021)

December 4, 2021

Coin Exchange NY Review

Welcome to my Coin Exchange NY Review!

(UPDATED DECEMBER 2021)

In the precious metals industry, there are several firms that provide products and services to help you start getting your gold or other precious metals.

In this review, we are going to learn about one of the precious metals dealers out there, Coin Exchange NY. Is it legit? Or is it a scam? Well, here is the "down and dirty" about them...

Coin Exchange NY Review Quick Summary

Name: Coin Exchange NY

Website: coinexchangeny.com

Founder: Not disclosed

Type: Precious metals dealer

Rating: 4/5

Coin Exchange NY Review logo

What is Coin Exchange NY?

Coin Exchange NY Review website homepage

Let us begin this Coin Exchange NY Review by gathering some background information about them:

Coin Exchange NY is a business that revolves around precious metals as well as jewelry and watches. It was created in 2011 and since then, it has been providing products and services in the industry.

Apart from that, Coin Exchange NY is an authorized dealer of PMG, PCGS and NGC. In addition to that, this business has several affiliations. Here are they.

Coin Exchange NY Review Associations 1
Coin Exchange NY Review Associations 2
Coin Exchange NY Review Publications

Check out other reviews of precious metals firm here!


Products and Services

Products

Coin Exchange NY has a large and diverse selection of products available for you. The main categories, according to its website are the following:

  • Gold
  • Silver
  • Platinum/Palladium
  • Numismatic
  • Currency
  • Jewelry
  • Watches
  • Other (Antiques)

Services

Coin Exchange NY is not limited to selling various precious metals. It is also interested in buying and many more. Here is a list of all the services that Coin Exchange NY offers.

  • Buying and Selling - Gold, silver, copper, U.S. Paper Money, coins etc.
  • Certified Appraisals 
  • Expert Witness
  • Grading and Authentication
  • Numismatic Consulting
  • Want list

How does it work?

To do business with Coin Exchange NY, there are two ways that you can do it.

First is online. You can make your orders online and have your products delivered to you. You can also contact them via phone or email.

You can also fill up a contact form on their website.

The other way to do business is of course, to visit its retail store in 267 South Central Avenue, HartsdaleNY 10530, Westchester County. 

Mode of payment

In Coin Exchange NY, you can make your payments via Paypal, personal check, certified check, cashier's check or money order.

Moreover, a direct bank transfer is recommended  if your orders are over $5000.

Based on Coin Exchange NY's Terms and Conditions, they have the right to cancel orders in the case of payments not dated with 5 business days for all of the check orders and bank wire orders.

They also have the right to hold and wait for all personal checks, money orders, cashier's checks and certified checks to clear out, up to 10 business days prior to the shipping of the products.

No cancellation!

With Coin Exchange NY, once the order is placed and confirmed, that is already final. There are strictly no cancellations.

Shipping

Coin Exchange NY handles all of your orders with utmost care, security and discretion. They normal ship via the U.S. Postal System.

Moreover, all of the orders are fully insured in case of damage or loss. So rest assured that your products will reach the address that you have indicated with you placed and confirmed your order!

Ratings

Unfortunately, there are not much ratings of Coin Exchange NY available on the internet. Furthermore, it does not exist in the BBB database.

The only rating I have found regarding this business is from Yelp.

Coin Exchange NY Review Yelp Rating

Reviews

Coin Exchange NY Review 1
Coin Exchange NY Review 2

Pros and Cons

Pros

  • Has been in the industry for quite some time
  • Offers a wide range of products and services
  • A certified member of precious metals associations

Cons

  • Not BBB accredited
  • Not much online presence

Is Coin Exchange NY a scam?

Let's conclude this Coin Exchange NY Review by answering this question.

Coin Exchange NY is not a scam. It is a legit company offering excellent services and products. Moreover, it has a foundation of over 30 years of experience and expertise in the industry.

It is safe to say that the people behind it are to be trusted. After all, the business is a member of a couple of associations!

The only concern we have for it is its low online presence. And it is not even present in BBB.

Thank you so much for reading my Coin Exchange NY review! If you have any questions or comments about it, feel free to share them below in the comments section!

Check out my other reviews here!

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