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Gold & Silver Selling Booms Locally: What Nassau County Residents Need to Know

See how Collectors Coins Jewelry Gold & Watches helps you get more for your precious metals and old pieces

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If you’ve been staring at old gold jewelry, silver flatware, or old watches in your drawer and wondering if now is the time to sell — the answer is increasingly “yes.” Local demand is up, prices are strong, and sellers across Nassau County are finding they can get more than they expected at Collectors Coins Jewelry Gold & Watches, located at 393 Sunrise Highway, Suite C, in Lynbrook.

Here’s a look at what’s going on, why this moment is unusual, and how you can get the best from your precious metals and old pieces.

What the Market Looks Like Right Now

  • Gold prices are up big in 2025. Spot gold is trading around US $3,650-$3,700 per troy ounce, up close to 40% year-to-date.
  • Silver is climbing, too. Prices are around US $42-$43/oz in many markets. This makes silver items — even slightly worn or mixed-metal pieces — worth a serious look.
  • Forecasts from major institutions are bullish. UBS recently raised its gold target to about $3,800/oz by the end of 2025, partly due to expected rate cuts, dollar weakness, and continued safe-haven buying.

What We’re Seeing Locally in Nassau County

At our Lynbrook store, local sellers from all over Nassau County are noticeably more active. Some trends:

  • More people are bringing in single items — broken necklaces, mismatched earrings, flatware — not just full sets or intact jewelry. Because prices are high now, even small item weights are monetarily meaningful.
  • Silver flat items and heirloom silverware are being sold more often. Tarnished or not, many find value when weighed properly and appraised.
  • Nonworking or older watches are in demand—not always for repair, but sometimes for parts, collectible models, or restoration. Brands like Rolex, Omega, Cartier, and others are still drawing attention even when the piece isn’t pristine.

Why Sell Now? Local Benefits

  • Immediate Payout at the Lynbrook location. No long waits or shipping risks.
  • Transparent, in-person appraisals: you see how the value is determined 
  • Local knowledge matters: we understand what coins, silverware, or brand names have special value around Nassau County.
  • Bargains from gold or silver demand elsewhere (internationally, among collectors) filter down to benefit people selling physical pieces locally.

Tips to Get the Best Value for Your Gold & Silver

  1. Gather everything: jewelry, flatware, coins, broken parts — even if it seems worthless.
  2. Check for hallmarks: Look for stamps like “10k, 14k, 18k, 22k” (gold) or “sterling / 925” (silver). But even without stamps, bring the item in — professionals can test purity.
  3. Understand weight vs condition: Condition matters more for watches, branded jewelry, coins; less so for pure scrap gold or silver. Clean pieces may sell slightly higher
  4. Watch market news: Spot prices fluctuate. If gold or silver spikes (which happens often with Fed announcements, inflation reports, international tensions), being ready to sell then can get you a better price.

Recent Local Success Stories

  • A Nassau County customer came in with a pair of broken 14k gold hoop earrings. Because of the high gold price, even though they were near worthless to wear, they were quoted a value that exceeded what the owner originally paid decades ago.
  • Another brought in a set of tarnished sterling flatware. After cleaning and appraisal, the value was far higher than what they expected just based on looks.
  • An older nonworking Rolex, missing its band, fetched a solid offer because its movement and original dial were intact.

What You Can Expect at CollectorsWatches.com in Lynbrook

  • Walk-ins welcome: appointments available if you have many items.
  • Free, no-obligation appraisals: we inspect your items, weigh them, test purity, assess condition, and show you how we arrive at our offer.
  • Competitive pricing aligned with spot gold & silver in real time.
  • Immediate payment once the deal is accepted.

Bottom Line

The gold & silver market in 2025 is unusually strong. For those in Nassau County, it’s not just about gold or coins anymore: silver is having its moment, and even items that seem to have little value may actually fetch good money. If you have old pieces, inherited items, broken jewelry or watches collecting dust — bring them in to 393 Sunrise Highway, Suite C, Lynbrook, NY. You might be surprised what they’re worth.

 

Visit Collectors Coins Jewelry Gold & Watches in Lynbrook 393 Sunrise Hwy, Suite C, Lynbrook | collectorswatches.com 516-341-7355