Refining is the process of purifying metals by removing impurities.

What are the primary precious metals?

The four primary precious metals are gold, silver, platinum, and palladium.

How is the daily price of metals determined?

Metal prices are derived from exchange traded futures contracts and constantly change. For gold sent to our refinery, we use The Second London Fix, an accepted average price set at 10:30 EST.

Why are regulations important in refining?

It’s essential that your buyer is licensed to ensure that your scrap materials are stored and recycled legally.

Amalgam is a mixture used by dentists to fill cavities, consisting of silver, mercury, tin, and copper.

What happens to precious metals in landfills?

Some metals release toxic chemicals like lead and mercury, which can be harmful to people and the environment.

What types of coins do you buy?

We purchase old U.S. and foreign coins, including gold, silver, platinum, and sterling silver coins.

Do you offer appraisals?

Yes, we provide free in-store verbal appraisals for your coins and collectibles.

What is your location?

We are located at 9 Walnut Ave, Cranford, NJ 07016, across from the Cranford Hotel.

What items do you buy?

We buy a variety of items including gold bars, coins, fine gold jewelry, scrap gold, diamonds, silver, and watches.

How does the selling process work?

You can bring your items for a free evaluation. Our experienced team will assess your items and provide you with a cash offer immediately.

Do you offer free evaluations?

Yes, we offer free evaluations for all items you wish to sell.

Why choose New York Gold and Diamond to sell your jewelry, gold, and silver?

We offer exceptional customer service, higher-than-market prices, and total transparency in the evaluation process, ensuring that you get the best value for your items.

Is New York Gold and Diamond a pawn shop?

No, we focus solely on purchasing valuable items without offering loans. This guarantees a straightforward and transparent transaction.

How long does it take to sell gold or silver?

Our evaluations are quick, typically completed in under 20 minutes, allowing for a fast and efficient transaction.

Do I need to book an appointment to sell my items?

No appointment is necessary; we welcome walk-ins, but for large transactions valued over $20,000, we recommend calling ahead.

What types of jewelry do you buy?

We buy all kinds of jewelry, not just gold. Whether it’s antique, vintage, or contemporary pieces, we offer high prices for your items.

Do you offer repair services?

Yes, we specialize in expert delicate repairs for various types of jewelry.

What appraisal services do you provide?

We offer appraisal services for jewelry, providing you with accurate evaluations.

Do you buy gold, diamonds, platinum, and watches—even old or broken items?

Yes, we now buy as well as sell merchandise. We will buy your items in any condition, and you can bring all your items in for cash today!

Do I have to repay my pawn/loan? What happens if I do not pay?

No. We give our pawn loans with "no strings attached," meaning you are not obligated to repay your pawn loan if you do not want to. However, your merchandise will be sold if you do not repay your pawn loan by the due date. The decision to repay/not repay your pawn loan is yours!

Do I have to pay interest on my pawn loan?

Yes, all pawnbrokers charge interest for their services, but shop around. You will find that our state-regulated interest rates are lower than most other pawnbrokers in New York.

How do I get my merchandise back? What if I do not have the money to repay my pawn/loan?

All merchandise is kept in a safe deposit, so you must call the phone number on your white pawn ticket to arrange for a pick-up. If you do not have the cash available before your due date, you can pay only the finance charges due, as listed on your white pawn ticket, to extend your pawn/loan for another 4 months.

How do I know when my pawn loan is due? Where can I find my 'Pledge Number' for referencing my pawn loan when calling for information, pick-ups, etc.?

Both the due date for your pawn loan as well as the pledge number are listed in the bottom right corner of your white pawn ticket. In addition, we will send you a reminder notice in the mail 30 days prior to the due date of your pawn loan.

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