and world), all forms of gold & silver, bullion, jewelry, high value collectibles, militaria, and more. Coins & Paper Money
Oakton Coins & Collectibles is a coin shop that specializes in buying unique coins and paper bills. We also offer free verbal appraisals for individuals, inheritances, and estates. Historically, gold was often used as money, but today most gold is used to make jewelry. Due t
o various economic issues in the last few years, gold has gained a lot of attention. The connection between gold and money is not well defined because the price of gold fluctuates. Although the price moves up and down every day, as a traded commodity, the gold price is generally high these days. Unfortunately, these high prices have created an opportunity for unscrupulous businesses to take advantage of the public. Many fly-by-night stores have popped up all over the Chicago area, offering the “highest prices,” although they are generally the lowest. Even some people who don’t have stores travel around buying (actually stealing) gold. The absolute worst hustle is the mail-in gold services. Don’t trust your wealth to these places. It’s your gold; it’s your wealth; you should not lose it because you are converting your gold into cash. Historically, banks are where you would take your gold, silver, etc., but for whatever reason they are no longer in that business at least not with the general public. Therefore, the local coin shop is the only honest business that is open to the public when it comes to these matters. We are the best place to sell gold. Silver
We buy all forms of silver. Silver is a metal that holds value, just as gold does. But the majority of gold buyers will not buy or sell silver for the following reasons:
The testing process is more complicated. The market price for silver tends to fluctuate more than gold (either direction). Refiners do not accept small amounts. Estate Jewelry & Diamonds
Generally you need no appointment during regular business hours. The only exceptions are if you are selling large diamonds (over two carats) or very expensive estate jewelry, for which we call in our gemologist.
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Collector Coins and Supplies
We have a small in-shop selection of various collector coins and paper money. We do not carry the current year US Mint products. They are readily available at usmint.gov. Gold Bullion
We do sell gold bullion to the Skokie & Chicago area. The most popular forms are Krugerrands, or American Eagle one ounce coins. If we don’t have it in stock, we can order any size or amount you need. (An out-of-stock order will require 50% payment upfront). Silver Bullion
We also sell silver bullion to the Skokie & Chicago area. Silver can be purchased in various sizes from 1 ounce rounds to 100 oz bars. Oddities
It’s difficult to describe what you may find because things we have never considered come in all the time. Some of these special items (antiques) we keep for resale. We let browsers in at our discretion. We buy jewelry, but we do not sell jewelry to the general public.
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Contact
Oakton Coins & Collectibles is centrally located in between downtown Evanston & downtown Skokie, very close to the northside of Chicago. We are walking distance from the CTA Yellow Line (Skokie Swift) Oakton stop, and the 97 CTA bus. We offer plenty of free parking in front and more in back.
