Buy Silver Bullion Chicago
Chicago is home to numerous longstanding coin dealers, offering everything from historic U.S. coinage to the newest gold and silver bullion coins. Since reputation is so important in this industry, it is crucial to find a coin dealer who you can trust, whether you are buying or selling. Fortunately, Chicago has many highly regarded coin and precious metal dealers.
buy silver bullion chicago
Established in 1984, A-1 Jewelry & Coin is a family-run coin shop specializing in currency, rare coins, and bullion. This shop also offers appraisals. A-1 Jewelry & Coin also deals in jewelry, diamonds, flatware, and other collectibles and precious metal items. They are known for competitive prices and a large, ever-changing selection. In addition to their Chicago storefront, A-1 also sells through eBay.
Located a short drive north of the city, Niles Coin Shop is set up to offer something for everyone, from families to new collectors to experienced investors. Their selection includes high-grade rare coins, silver bullion, and much more. An authorized PCGS and NGC dealer, Niles is known for knowledgeable staff ready to help you make sound buying decisions. In addition to the coins available for purchase in their shop, Niles Coin Shop also runs twice-monthly auctions of numismatic collectibles.
Morton Grove Coins was founded in 2008, and is a family owned business catering to coin collectors, as well as precious metal investors. Morton Grove Coins is known for carrying the latest U.S. mint releases, and also stocks a wide selection of historic and modern U.S. coins and currency. MGCC buys and sells gold, silver, platinum, and palladium. Their selection includes ancient coins, coin collecting supplies, silver bars, sterling jewelry, and more. An NGC and PCGS authorized dealer, MGCC is also a member of the America Numismatics Association and the Illinois Numismatics Association, and regularly attends area coin shows.
New Era Jewelry & Coin buys, sells, and appraises gold, silver, and platinum bullion, collectible U.S. coins and paper money, and jewelry. They also deal in diamonds, watches, foreign coins, and sterling silver flatware. While they specialize in coins bought and sold for their precious metal value, they also deal in historic and rare coins, catering to investors and collectors alike. New Era also sells on eBay and offers written appraisals by appointment.
Founded in 1984, this family-operated coin shop is located in historic downtown Glenview. They are known for having a constantly-changing inventory of valuable coins and unique collectibles, making this shop fun to browse. Glenview Coin & Collectibles deals with new and experienced collectors alike and carries a wide array of U.S. and foreign coins and paper money, with a focus on rare and historic coins rather than precious metal bullion. Their collectible inventory includes sports cards, jewelry, collecting supplies, and political memorabilia. Glenview Coin offers PCGS, NGC, and ANACS coin certification, and also sells on eBay.
Their website offers a complete list of the gold and silver products they are currently purchasing. A small selection of their coins can be found on eBay; their large Chicago storefront offers a more expansive inventory. Each year, Chicago Coin donates staff time and money to at least one local charity.
Kedzie Koins, a longstanding Chicago coin shop, specializes in historical US coins and other rare coinage. They also carry platinum, gold, and silver bullion and coins. They have been in the same location for over three decades, and are a family-owned coin dealer known as one of the best in the Midwest.
One of the largest Illinois coin dealers, Fox Valley buys and sells nearly every type of coin and bullion imaginable. They have three locations, each offering inventory ranging in price from under a dollar to tens of thousands of dollars. Fox Valley also offers regular live auctions of collectible coins.
Their inventory includes US and foreign coins and currency, proof and graded coins, commemorative medallions, collecting supplies, and precious metals (silver and gold). They post inventory updates daily via Facebook, so prospective customers can easily see when new products come in stock.
iCoin, also known as Illinois Coin, is a Joliet coin shop known for their wide selection. They offer gold and silver, jewelry, stamps, and postcards in addition to U.S. and foreign coins. iCoin is particularly interested in purchasing rare or historical US coins, as well as scrap gold and silver. A portion of their inventory is sold via eBay auctions.
Elmhurst Coins buys and sells gold, silver, coins, and related items, including US and foreign coins, American Gold Eagles, all foreign gold and silver coins, gold jewelry, proof and mint sets, and paper currency. They offer a small selection of their inventory, primarily graded and rare U.S. coins, on eBay.
The staff at Chicago Coin Company has a combined experience of over 70 years and is a retail gold buyer and bullion dealer. They perform confidential appraisals for banks, trusts, estates and insurance companies, as well as free verbal appraisals for individuals.
They specialize in buying, selling and appraising all types of modern and antique jewelry, gold, silver, platinum, diamonds, watches, coins, currency, flatware and more. They also offer free appraisals.
A & R Estate Buyers is owned and operated by an expert Graduate Gemologist G.I.A. who has been in the estate buying business since 1981. They buy diamonds, scrap gold, fine jewelry and watches, collectible coins, silverware and other rarities. They offer free evaluations of your treasures.
If you are looking to buy, sell or trade Gold or Silver in Chicago, APMEX has compiled a list of the top bullion dealers and coin shops in the area. Below is a list of some popular coin dealers in the Chicago area:
With 29 years at the same location, they have bought and sold Gold and Silver coins and bullion with their wide selection of products. They also carry supplies to help care for your collection, and will purchase entire coin collections, as well.
This family-owned and -managed business caters to collectors and investors alike, buying and selling rare coins, currency, bullion and scrap Gold. The owner has bought and sold coins professionally since 1980. They will appraise, sell and pay cash for your Precious Metals, jewelry, coins and collectibles.
Like many other products buying gold online can be as easy as point-and-click. The best dealers have a well-organized website with easy navigation to find and compare products by category (i.e., bullion by weight, coins, out-of-mint coins, etc.). With most dealers, once you find the product you want and start the checkout process your price is locked in for a short period, typically 10 to 15 minutes. You need to complete your purchase before the pricing expires, or you may see the price adjusted up or down based on how the market is moving.
Yes, gold dealers report to the IRS. These companies are required to report when a customer makes a cash payment of $10,000 or more, or when they sell a large amount of bulk gold or silver pieces. Gold dealers either report using the IRS form 1099-B or 8300.
Illinois is the home m to one of the most vibrant commercial centers in the whole country, the city of Chicago. In addition, dotting the landscape of the surrounding regions there are many companies and industries operating and flourishing as vital members of the economy. This leads to a flow of commerce and money. People living in Chicago need to invest wisely, so that they will have enough money in which to enjoy their waning years in comfort and happiness. Chicago offers many attractions and sights for visitors and locals alike, as well as historical and monumental buildings and structures. It is expensive to live in the city, but if one budget correctly, watches their money, they will have additional revenue to invest for their future. The important decision is deciding on where to invest. Illinois real-estate has suffered just like the rest of the country. The commodities market is always a guessing game, never being able to be clairvoyant enough to select the right time to buy and sell. The safest bet might be to invest in precious metals, like gold and silver.
In the past you could buy an ounce of gold for around $400 dollars, and an ounce of silver for around $5 dollars. Now, the price of an ounce of gold has rise to almost $1300 dollars and an ounce of silver recently traded for $49, before settling into the upper $30s as a price. This is a remarkable increase for these precious metals and if you track the rise, you will see they consistently outperform other investments like the stock market. In these troubling economic times, it is a good bet that gold and silver will continue to increase in value, or at the very least, not lose any significant value.
In Illinois, when you purchase any products you may be subject to a sales and use tax. Across the state of Illinois, the sales and use tax is 6.25%, with an additional 1%- 3.75% added by local municipalities such as cities and counties? Under the tax laws and regulations, there is an exemption for all legal tender, currency, coins, bullion, and medallions made from any precious metal like gold or silver. The legal tender or currency can be from any nation except South Africa. The South African Krugerand is taxable. This is a very broad exemption and covers almost all possible purchases of precious medals in bullion or currency form.
Golden Eagle Coins, being an out of state retailer, does NOT have to charge sales tax to Alabama residents. Browse our selection of tax-free gold and silver products. Please take note that we are not experts on tax issues, and you may be liable to pay local Use tax. Please contact your local tax professional for more information.
Now is the time to sell your unused silver. The market price of silver is at a 30 year high! Americash purchases silver in many forms. We are always buying the following types of sterling silver: Jewelry, sterling flatware, tea sets, Franklin mint sets, and silver used for industrial purposes like contacts and wire. 041b061a72
