Gold Hits $3740 & Silver Hits $44.30: Why Now Is the Smart Time to Sell

The market for precious metals continues to surge, and savvy Nassau County residents are taking notice. With gold recently trading near $3,740 per ounce—an all-time high—and silver demand spiking worldwide, there’s rarely been a better moment to turn old jewelry, coins, or watches into cash.

A Market Opportunity You Don’t Want to Miss

In today’s economy, inflation worries and global uncertainty are fueling record demand for tangible assets. Investors seeking a safe haven are driving prices for gold and silver higher, creating an ideal environment for sellers. Items that may have been sitting in drawers for years—like a single gold chain, a box of silver rounds, or a vintage watch—can now bring in far more than many owners expect.

Local Experts Offering Immediate, Competitive Payouts

Collectors Coins Jewelry & Watches, specializes in making the selling process simple and transparent. With five brick-and-mortar Long Island locations and two in New Jersey, their family-run business has earned a reputation for paying close to market value and providing immediate payment—so you don’t have to worry about freight charges, insurance costs, or waiting days for an online dealer’s check.

Jason, one of the owners of Collectors Coins Jewelry & Watches in Lynbrook, Long Island, notes that the store has recently seen an influx of out-of-state sellers making the trip specifically to take advantage of the Lynbrook location’s competitive payouts and trusted reputation. “We’ve had people drive in from neighboring states because they know they’ll receive top-dollar offers and immediate payment,” Jason explains. “Word has spread that our Lynbrook team provides the same transparent, no-pressure experience whether you’re coming from down the block or a few hours away.”

What You Can Sell

Gold & Silver Jewelry: From broken chains and single earrings to estate pieces, gold’s melt value is at a record. Condition is less important than purity and weight.
Silver Coins & Rounds: Whether it’s bullion rounds or vintage silver coins, the current market makes even small amounts of silver worth cashing in.
Luxury Watches & Collectibles: Rolex, Patek Philippe, Cartier and other luxury brands remain in high demand, even if they need repair.

Why Sell Locally

Unlike selling to national online dealers, working with a trusted neighborhood buyer eliminates the hidden costs of shipping and insurance. It also ensures you can see your items tested and weighed in person, and walk out with payment the same day.

Don’t Wait for the Market to Shift

Markets fluctuate, and while prices are soaring now, they can just as easily retreat. Converting unwanted gold, silver, or collectible watches into cash while prices are at record highs is a move that rewards quick action.

Q&A With Owner Jason J.

Q1: What makes this a particularly good time to sell gold and silver?
Jason J: Gold and silver prices are near historic highs because of inflation fears and global economic uncertainty. When the market is this strong, even small or broken pieces can bring in meaningful cash.

Q2: Do items need to be in perfect condition to sell?
Jason J: Not at all. We value gold and silver by weight and purity, not appearance. Even broken chains or single earrings have the same melt value as pristine pieces.

Q3: How do you ensure customers get a fair price?
Jason J: We test and weigh everything right in front of you, explain the current market rate, and pay immediately. There’s complete transparency—no hidden fees.

Q4: What types of luxury watches are you most interested in?
Jason J: Rolex, Patek Philippe, Cartier, and Omega remain our top sellers. Even watches in need of service can command strong prices because demand is so high.

Q5: Why should someone sell locally instead of using an online dealer?
Jason J: Selling locally avoids the risk and cost of shipping and insurance. You meet us face-to-face, watch the testing process, and leave with payment on the spot.