Question 1

Do I need an appointment to sell gold?

Accepted Answer

No — we accept both walk-ins and appointments. Come by during business hours, or call, text, or WhatsApp us ahead of time if you'd like to set up a specific time.

Question 2

How is my payout calculated?

Accepted Answer

We test your item's purity in front of you, weigh it on a precision scale, and calculate your offer from that day's Kitco gold bid price. Payouts typically range from 80% to 100% of market value depending on the item.

Question 3

How do you test my gold?

Accepted Answer

We use acid testing, done in front of you at the counter: a scratch test on a testing stone, followed by acid applied at different karat strengths until we identify the exact purity. Then we weigh the item and calculate your offer.

Question 4

How do you pay, and is there a limit?

Accepted Answer

We pay cash, Zelle, or bank wire, with no minimum or maximum transaction size. Any transaction over $5,000 is paid by Zelle or bank wire only — we're not able to pay cash above that amount.

Question 5

What can I sell to Gold City Jewelry?

Accepted Answer

We buy gold, diamonds, watches, coins, and bullion.

Question 6

Are you licensed?

Accepted Answer

Yes. Gold City Jewelry holds NYC Second-Hand Dealer License #2116168-DCWP and has served the Flatbush community for 15 years.

Question 7

What are your hours?

Accepted Answer

Monday–Thursday and Saturday, 11:00 AM–7:00 PM. Friday, 2:30 PM–8:00 PM. Closed Sunday.

Frequently Asked Questions

Ready to Find Out What It’s Worth?