Suffolk County precious metals bonds.
From $100.
Suffolk County, New York requires precious metals dealers to post a bond before the County issues a dealer license. Suffolk County sets the amount; pricing is 1% of the bond amount, $100 minimum, and your exact price appears at the application.
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How much does a Suffolk County precious metals bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for a standard county dealer bond — enter your amount, pay, and file with the County. Here is the whole thing:
Apply online
Your business details, the bond amount Suffolk County required, and the effective date — that is the application. No credit check up to $25,000.
Issued on the spot
Most applications approve instantly and the executed bond is generated as soon as you pay. No credit check up to $25,000.
File with Suffolk County Consumer Affairs
Submit the executed bond with your dealer license application. Wet-ink originals mailed whenever the County insists on them.
What it is and who needs it.
What the Suffolk County dealer bond guarantees
A precious metals dealer bond is a consumer-and-law-enforcement guarantee to the County. Suffolk County wants assurance that dealers who buy gold, silver, and secondhand valuables will keep required records, honor holding periods, and deal honestly with the public.
It is a three-party arrangement: you (the principal), the surety carrier, and Suffolk County (the obligee), with the public as the protected parties. If a dealer violates the County ordinance — for example, fails to keep transaction records or buys stolen goods — a harmed party or the County can recover against the bond.
The bond must stay active for the life of your dealer license. Let it lapse and the County can suspend your license — so we track it and notify you ahead of expiration.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with Suffolk County Consumer Affairs. Submit the executed bond with your dealer license application. Wet-ink originals mailed whenever the County insists on them.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount Suffolk County required — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other New York bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Suffolk County dealer bond, issued today.
Pricing from $100. Enter the amount the County required and file the same day.