We earn commissions from featured brands, which impact the order and presentation of listings
Advertising Disclosure

This website is an independent, advertising-supported comparison service. The product offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear).

This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

This allows us to maintain a full-time, editorial staff and work with finance experts you know and trust. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impacts any of the editorial content on The Smart Investor.

While we work hard to provide accurate and up to date information that we think you will find relevant, The Smart Investor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.

Learn more about how we review products and read our advertiser disclosure for how we make money. All products are presented without warranty.

Search
Investing » Where to Buy Gold in Chicago: Best Dealers & Prices

Where to Buy Gold in Chicago: Best Dealers & Prices

Looking to buy gold in Chicago? Explore top-rated local dealers and trusted online platforms with tips on pricing, storage, taxes, and more.
Author: Baruch Mann (Silvermann)
Interest Rates Last Update: April 1, 2025
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Baruch Mann (Silvermann)
Interest Rates Last Update: April 1, 2025

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

Table Of Content

Whether you're cruising down Lake Shore Drive or browsing from your kitchen, Chicago offers solid choices when it comes to buying gold — both locally and online.

Let’s explore the best local coin shops and top-rated online options for Chicago-based gold buyers in 2025.

gold bars for Hedging Against Currency Risk and Inflation

Best Places to Buy Gold in Chicago: Local Dealers

Here’s a look at some of the most trusted gold dealers in the Chicago area — based on years in business, reputation, inventory, and overall customer experience.

Dealer Name
Google Rating
Key Offerings
PGS Gold & Coin
4.9 ★ (358 reviews)
Gold coins, bullion bars, jewelry
Oakton Coins & Collectibles
4.8 ★ (291 reviews)
Bullion, collectibles, scrap gold
Chicago Gold Gallery
4.8 ★ (74 reviews)
Coins, estate gold, private consults
Kedzie Koins & Jewelry Inc
4.6 ★ (134 reviews)
Coins, bars, numismatics
High Grade Coins Inc
5.0 ★ (114 reviews)
High-grade coins, bullion, appraisals
Morton Grove Coins
4.8 ★ (156 reviews)
Bullion, collectible coins
West Town Jewelry & Loan
4.9 ★ (223 reviews)
Coins, bullion, walk-in transactions

PGS Gold & Coin (Villa Park, IL)

With over 15 years in the business, PGS Gold & Coin is one of the Chicago area’s most established precious metals dealers. They offer a wide inventory of gold coins, bullion bars, and jewelry in a professional and secure setting.

Their Villa Park showroom is clean and organized, and their staff is known for being both knowledgeable and respectful — great for both first-time buyers and seasoned collectors.

Location: 231 W North Ave, Villa Park, IL 60181

Oakton Coins & Collectibles (Skokie, IL)

Operating in the northern suburbs, Oakton Coins offers a friendly, neighborhood coin shop vibe with a strong selection of gold bullion and rare coins.

Their team includes numismatics experts who help walk you through valuations, and they’ve built a reputation for fair pricing and no-pressure transactions.

Location: 4547 Oakton St, Skokie, IL 60076

Chicago Gold Gallery (Chicago, IL)

Located on the city’s North Side, Chicago Gold Gallery has been buying and selling gold for decades. Their inventory includes everything from American Eagles to estate jewelry and scrap gold.

The shop offers private, one-on-one consultations and is known for its discretion and deep knowledge of the precious metals market.

Location: 1236 W Devon Ave, Chicago, IL 60660

Kedzie Koins & Jewelry Inc (Chicago, IL)

Kedzie Koins has been serving the South Side since the 1980s. They’re a long-standing shop with an old-school vibe and a focus on gold coins, bars, and collectible currency.

If you're looking to browse in person and have a conversation with someone who knows their stuff, this is a great stop.

Location: 5909 S Kedzie Ave, Chicago, IL 60629

High Grade Coins Inc (Elmwood Park, IL)

Despite its small footprint, High Grade Coins delivers a premium customer experience. They specialize in high-quality bullion and collectible coins and have built a perfect 5.0 rating across over 100 reviews.

If you value professionalism and fast service in a clean, well-lit shop — this one stands out.

Location: 7514 W Grand Ave, Elmwood Park, IL 60707

Morton Grove Coins & Collectibles (Morton Grove, IL)

With over a decade in the industry, Morton Grove Coins offers a comfortable environment for buying or selling gold. Inventory includes a mix of investment-grade bullion, gold bars, and pre-1933 coins.

They’re particularly good for collectors and investors who want a no-rush experience and access to harder-to-find pieces.

Location: 9241 Waukegan Rd, Morton Grove, IL 60053

West Town Jewelry & Loan (Chicago, IL)

This West Town storefront does more than pawn — they’re also a respected dealer in gold coins and bullion. Their staff is highly rated for friendliness and transparency, and they offer a quick buying process.

They’re a solid option if you want to walk in and make a gold purchase without jumping through hoops.

Location: 2059 W Chicago Ave, Chicago, IL 60622

Trusted Online Gold Dealers That Ship to Chicago

Prefer to order gold without leaving the house? These online platforms ship straight to Chicago and are among the most trusted in the industry.

JM Bullion is a favorite among beginners thanks to its clean, no-nonsense website and transparent pricing.

You can browse products without signing up, and orders typically ship quickly with tracking.

They carry a broad range of gold bars and coins from top mints, and their daily deals section often features discounted items worth checking.

Platform
Rating
Trustpilot
4.3 (1,493 reviews)
Better Business Bureau (BBB)
A+ | Accredited Since 2014
Consumer Affairs
4.5 (790 reviews)
gold products, JM Bullion
Gold products, JM Bullion

If keeping costs low is your priority, SD Bullion offers some of the lowest premiums on the market.

Their site emphasizes straightforward bullion products — no pushy upsells or overpriced collectibles.

The checkout process is simple, and their customer base includes both small buyers and serious investors who value transparency and speed.

Platform
Rating
Trustpilot
4.3 (2,648 reviews)
Better Business Bureau (BBB)
A+ | Accredited Since 2014
Sitejabber
3.3 (641 reviews)
1 oz american gold eagle, SD Bullion
1 oz American gold eagle, SD Bullion

As one of the biggest names in precious metals, APMEX offers the widest variety of gold coins, bars, and specialty products.

You’ll find international coins, certified graded pieces, and even gold jewelry.

While their premiums can be slightly higher, the customer service, product packaging, and inventory make them a go-to for collectors and serious buyers alike.

Platform
Rating
Trustpilot
1.7 (7,966 reviews)
Better Business Bureau (BBB)
A+ | Accredited Since 2004
Consumer Affairs
2.8 (290 reviews)

Goldco is a top choice for anyone looking to protect retirement savings through a gold-backed IRA — but they also offer direct purchases of physical bullion.

What really sets them apart is their focus on education, especially for first-time retirement investors.

If you're rolling over a 401(k) or IRA into precious metals, Goldco makes the process smooth and fully guided.

Platform
Rating
Trustpilot
4.8 (1,573 reviews)
Better Business Bureau (BBB)
A+ | Accredited Since 2011
Consumer Affairs
4.8 (1,688 reviews)
Google Reviews
4.9 (2,579 reviews)

American Hartford Gold specializes in gold IRAs but also sells physical gold and silver for direct home delivery.

They’re often praised for their helpful, low-pressure reps who walk you through options without the hard sell.

Plus, they frequently offer promotions like free silver or no-fee storage with qualifying IRA accounts.

Platform
Rating
Trustpilot
4.7 (1,373 reviews)
Better Business Bureau (BBB)
A+ | Accredited Since 2016
Consumer Affairs
4.6 (891 reviews)
gold coins, American Hartford Gold
Gold coins, American Hartford Gold

Tips for Gold Buyers in Chicago

Buying gold isn’t just about picking the right coin — it’s about understanding how pricing, taxes, and trust all play a role. Here are some essential points to keep in mind:

  • Shop around – Premiums can vary widely between dealers. Always compare at least a couple of options before buying.

  • Understand premiums – A premium is what you pay above the market price. Lower isn’t always better if service or buyback rates are poor.

  • Stick with known products – American Eagles, Maple Leafs, and PAMP bars are widely recognized and easier to sell later.

  • Know the tax laws – Illinois taxes most gold purchases unless considered legal tender bullion. Ask before you buy.

  • Evaluate resale value – Ask each dealer their buyback price. A fair spread often indicates a more honest shop.

  • Avoid pressure – Reputable shops and online dealers won’t rush or push you into premium collectibles unless you ask.

  • Think storage early – If buying more than a few ounces, figure out where it’s going — safe, vault, or depository.

  • Use secure payment – Stick to well-known payment methods and request a detailed receipt.

  • Research before committing – Whether online or local, make sure the business has been around and is well-reviewed.

FAQ

Most Chicago gold dealers welcome walk-ins, though some offer private appointments for higher-value purchases or consultations.

Generally no for buying, but selling gold might require ID under local laws.

Yes, many dealers buy both investment-grade bullion and scrap or estate jewelry.

Some dealers sell fractional coins as small as one-tenth of an ounce, great for starting small.

Check BBB accreditation, Trustpilot ratings, and how long the business has been operating.

Top Offers From Our Partners

empower logo

Personal Finance & Investing Tools
Budgeting, goal planning, net worth, cash flow, tax minimizing, personalized portfolio construction, tracking and adjustments
Talk to Financial Advisors

acorns-logo

Smart Portfolios by Experts
Cash Account with 1.00% – 3.00% APY

Promotion:
$5 Sign up, add $5 or more to your personal portfolio, and Stash give you a $5 bonus to start.
Investing, Banking & Retirement Options

Wide Range of Cryptocurrencies
Supports a large number of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many altcoins.
Coinbase Wallet
Provides a non-custodial wallet where users have control over their private keys, supports a wide range of crypto assets and decentralized applications (DApps).

Buy and Sell Crypto witH IRA
Buy and Sell Gold & Silver with IRA
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.
Top Offers From Our Partners

empower logo

Personal Finance & Investing Tools
Budgeting, goal planning, net worth, cash flow, tax minimizing, personalized portfolio construction, tracking and adjustments
Talk to Financial Advisors

acorns-logo

Smart Portfolios by Experts
Cash Account with 1.00% – 3.00% APY

Promotion:
$5 Sign up, add $5 or more to your personal portfolio, and Stash give you a $5 bonus to start.
Investing, Banking & Retirement Options

Wide Range of Cryptocurrencies
Supports a large number of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many altcoins.
Coinbase Wallet
Provides a non-custodial wallet where users have control over their private keys, supports a wide range of crypto assets and decentralized applications (DApps).

Buy and Sell Crypto witH IRA
Buy and Sell Gold & Silver with IRA
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.
Picture of Baruch Mann (Silvermann)

Baruch Mann (Silvermann)

Baruch Silvermann is a financial expert, experienced analyst, and founder of The Smart Investor.  Silvermann has contributed to Yahoo Finance and cited as an authoritative source in financial outlets like Forbes, Business Insider, CNBC Select, CNET, Bankrate, Fox Business, The Street, and more.
Search
Best Investing Brokers
Top Offers From Our Partners

empower logo

Personal Finance & Investing Tools
Budgeting, goal planning, net worth, cash flow, tax minimizing, personalized portfolio construction, tracking and adjustments
Talk to Financial Advisors

acorns-logo

Smart Portfolios by Experts
Cash Account with 1.00% – 3.00% APY

Promotion:
$5 Sign up, add $5 or more to your personal portfolio, and Stash give you a $5 bonus to start. 
Investing, Banking & Retirement Options

Wide Range of Cryptocurrencies
Supports a large number of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many altcoins.
Coinbase Wallet
Provides a non-custodial wallet where users have control over their private keys, supports a wide range of crypto assets and decentralized applications (DApps).

Buy and Sell Crypto witH IRA
Buy and Sell Gold & Silver with IRA
Advertiser Disclosure
The product offers that appear on this site are from companies from which this website receives compensation.

#1 In Investing

Our Newsletter

Access investment tips, expert investment strategies, key market updates, and exclusive opportunities to grow your wealth

This website is an independent, advertising-supported comparison service. The product offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear).

This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

This allows us to maintain a full-time, editorial staff and work with finance experts you know and trust. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impacts any of the editorial content on The Smart Investor.

While we work hard to provide accurate and up to date information that we think you will find relevant, The Smart Investor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.

Learn more about how we review products and read our advertiser disclosure for how we make money. All products are presented without warranty.