NYC Bullion Blog

New York's bullion sales tax exemption is at risk, and investors, collectors, and industry professionals must take action before it’s too late. Lawmakers are considering removing the tax-free status on gold, silver, platinum, and palladium purchases over $1,000, a move that could significantly increase costs for investors and drive business out of state. With a Senate and Assembly hearing set for February 27, now is the time to make your voice heard. Learn how this policy change could impact the precious metals market and what you can do to protect your right to tax-free bullion in New York.

Gold has shattered records once again, surging past $2,800 per ounce on January 30, 2025, setting a new all-time high. This historic milestone surpasses the previous record from January 24, reinforcing gold’s position as a safe-haven asset amid inflation concerns, trade policy shifts, and stock market volatility. As central banks accelerate gold buying and investors seek financial security, the metal’s demand continues to climb. Let’s explore the major economic and geopolitical factors driving this price rally and what could be next for the precious metals market.

Wheat pennies are among the most collected and valuable U.S. coins, with certain key dates and errors fetching thousands of dollars. Minted from 1909 to 1958, these Lincoln cents hold historical significance and continue to attract collectors and investors alike. From the rare 1943 copper penny to unique minting errors like the 1955 Double Die, these coins offer a glimpse into American history and strong investment potential. This guide will help you identify the 100 most valuable Wheat Pennies, understand their rarity, and determine if you have a hidden treasure in your collection.

Gold recently soared to a record-breaking high of nearly $2,800 on January 24, 2025, capturing the attention of investors worldwide. However, the days following this milestone have brought an unexpected shift, with prices retreating to $2,745. This downturn, driven by evolving economic factors, profit-taking, and shifting market sentiment, is creating a ripple effect across the precious metals market, including here in New York City. In this article, we’ll dive into the reasons behind gold’s sudden dip and what it means for NYC’s active bullion market.

Coin rolls offer an engaging and affordable way to dive into U.S. coinage while investing in tangible assets. From pennies to dollar coins, these neatly packaged rolls allow collectors and investors to uncover rare dates, mint errors, and precious metals content. Whether you're a seasoned numismatist or new to the hobby, coin rolls provide an exciting blend of history, art, and value.

In New York City’s bustling financial landscape, platinum has emerged as a standout investment for 2025. With its essential role in clean energy and industry, coupled with ongoing supply challenges, platinum is capturing the attention of savvy investors looking to secure their financial futures.

As Donald Trump takes office on January 20, 2025, New York investors are watching closely for changes in the precious metals market. Trump’s policies on infrastructure spending, energy independence, and trade are expected to influence the demand for gold, silver, and platinum, making them essential assets in the year ahead.

For New York City investors, diversification is more than a strategy—it's a necessity. The Federal Reserve's rate cut and projections for 2025 make this the ideal time to consider precious metals like gold and silver. NYC Bullion provides unparalleled insights into diversifying your portfolio in one of the world’s most dynamic financial hubs.

Will gold prices soar to $3,000 per ounce in 2025? With rising inflation, central bank gold acquisitions, and geopolitical tensions, gold remains a top-performing safe-haven asset for investors. The potential for U.S. policies, trade tariffs, and tightening gold supply further strengthens its outlook. For New York City investors, this creates a prime opportunity to secure physical gold like American Gold Eagles or Gold Maple Leafs to protect wealth and hedge against market volatility. Explore the key factors driving NYC gold investments and prepare for what could be a historic year for gold.

The proposed tariff policies under the Trump administration could reshape the global economy, influencing gold and silver markets in profound ways. These measures may drive inflation, disrupt industrial demand for silver, and create economic uncertainty—key factors that boost the appeal of precious metals as safe-haven investments. Let’s explore how tariffs could shape gold and silver prices in 2025.

The latest CPI report, showing a 2.7% inflation increase, has major implications for gold and silver prices in New York City. Whether you’re looking to buy or sell, inflation trends, Federal Reserve policies, and geopolitical events are driving demand for precious metals. Gold and silver remain reliable hedges against economic uncertainty, and now is the time to take advantage of high market values. At NYC Bullion, we provide top-tier services for New Yorkers to maximize their precious metals investments.

In an era of rising inflation and market uncertainty, New York investors are turning to gold as a reliable safeguard for their wealth. Known as a hedge against inflation and a safe-haven asset, gold offers stability and tangible value in times of financial turbulence. NYC Bullion makes investing in gold simple, providing a wide selection of high-quality bullion, real-time price tracking, and expert guidance. Whether you’re protecting your assets or diversifying your portfolio, gold continues to shine as a top choice for financial security in the heart of the world’s financial capital.

Bitcoin’s historic rise to $100,000 marks an unprecedented milestone, but its volatility highlights the importance of diversification. Gold, known for its stability and intrinsic value, offers the perfect hedge against cryptocurrency fluctuations. NYC Bullion, located in the Diamond District, provides a trusted platform to secure your wealth with premium gold bars, coins, and other precious metals. Discover why diversifying into gold is a smart move for investors navigating today’s dynamic financial landscape.

When considering whether to sell gold or jewelry, it’s important to understand how resale values differ between the two. Both gold and jewelry can offer profitable returns, but each is influenced by factors such as market demand, condition, craftsmanship, and purity of the material. Let’s explore these factors to help you determine which option offers better resale value in various scenarios.

If you’ve recently inherited precious metals such as gold, silver, platinum, or palladium, selling them can be a smart way to liquidate assets and turn them into cash. However, it can also be a complex process, especially in New York City, where the market for precious metals is robust but can feel overwhelming. Whether you're dealing with bullion, coins, or antique jewelry, this guide will provide you with essential steps and tips to sell your inherited precious metals for the best price.

Many people have scrap gold lying around in the form of broken or outdated jewelry, coins, or even dental gold. What they may not realize is that these unwanted items can be converted into cash. Scrap gold, while often overlooked, holds real value, and selling it can be an easy way to make extra money. Here's a guide on the benefits of selling scrap gold and how to turn unwanted jewelry into cash.

The Diamond District in New York City is one of the best places in the world to sell your gold. Whether you’re looking to sell gold coins, jewelry, or bullion, the district offers competitive prices and a wealth of knowledgeable buyers. However, to ensure you get the best possible deal, it’s essential to understand how to navigate this bustling marketplace. This article will provide a step-by-step guide on how to sell your gold in NYC and maximize your returns.

As the world of precious metals investment continues to grow, New Jersey is stepping up to offer significant financial advantages for investors. On September 12, 2024, Governor Phil Murphy signed Senate Bill 721 into law, officially eliminating sales tax on gold, silver, and other precious metals purchases over $1,000. This new legislation, effective January 1, 2025, marks a significant victory for sound money advocates and bullion buyers alike. The new law positions New Jersey alongside many other states that already offer this tax exemption, encouraging investment and economic growth in the precious metals market.

As inflation concerns continue to dominate financial headlines, investors and sellers of gold are taking note of the recent U.S. inflation data. With core inflation coming in hotter than expected, those considering selling gold may find this a key moment to capitalize on market conditions. This article explores the latest inflation report and what it means for those looking to sell their gold holdings.

The gold-silver ratio is a critical concept that can significantly influence your precious metals selling strategy. This ratio represents how many ounces of silver are needed to purchase one ounce of gold. It’s a valuable tool for investors and sellers, helping them determine the relative value of gold and silver in the market. Understanding and utilizing the gold-silver ratio can help you make informed decisions about when to sell your gold or silver to maximize your returns.

When it comes to selling antique jewelry, both gold and silver have their unique advantages. However, the process of selling antique jewelry in New York City, particularly in the bustling Diamond District, requires a deep understanding of the market, the value of your pieces, and how to get the best deal. Whether your pieces are made of gold, silver, or a combination of both, knowing what to look for and how to approach the sale can make a significant difference in the outcome.