Oakton Coins & Collectibles is one of the highest rated coin shops near Glencoe.

We are always ready to purchase gold, regardless of condition or style. Yellow and white gold jewelry, old family heirlooms, or contemporary designer items all hold value. Out-of-style jewelry, broken pieces, and even dental gold are gladly accepted. Our evaluations cover every purity, from 10k to 24k, and we also purchase both gold and silver bullion. Jewelry set with diamonds, sapphires, emeralds, or other stones is carefully appraised so the offer reflects its full worth. Whatever your gold looks like, we’re interested in buying.

If you are considering selling your coins, you have come to the right place. Oakton Coins and Collectibles understands that selling a single coin or a whole coin collection can be an extremely daunting task. Whether you are a lifetime coin collector or have recently inherited a coin collection, when it comes time to sell your coins, you have many options. Oakton Coins & Collectibles can simplify the process. 

Understanding how to sell coins around Glencoe.

Selling coins requires careful consideration of various factors. Your coins might hold only face value, or they could be significantly valuable. Collectors often seek coins for reasons beyond monetary worth, including sentimental or historical interest. Regardless of the size or value of your collection, assistance is available to guide you through the process.

Some individuals choose to sell their entire collection, while others prefer to sell the valuable pieces and distribute the remainder among family members. If you have a smaller collection with limited monetary value, it could still hold great appeal to a younger family member.

Often, people bring us their coins carefully arranged by date and decade, usually placed in separate Ziploc bags or paper envelopes/coin tubes. You might be tempted to do this, but it’s not worth the effort.

When we appraise a collection, the first thing we do is separate coins by their composition (e.g. copper, nickel, silver, or gold). If you must organize your collection, put it into these groups:

• Gold coins 
• 9o% silver dollars (1878 through 1935) 
• 9o% silver dimes, quarters, and half dollars (1892 through 1964) 
• 40% silver JFK half dollars (1965 through 1970) 
• Lincoln Wheat Cents (1909 through 1958) 
• Buffalo Nickels (1913 through 1938) 
• Jefferson Nickels (1938 and later) 
• All other obsolete U.S. type coins
• U.S. Mint proof and uncirculated sets 
• U.S. Mint commemorative sets 
• Currency and paper money 
• Foreign coins/tokens

Interesting coins are available for purchase in every budget range, so ask yourself the following questions to help determine the value of the collection you want to sell:

Can you determine how much money the collector spent or how regularly the owner bought? Can you find any bills of sale, invoices, or canceled checks from dealers or auction firms? Do you have an insurance policy or a will with instructions?

This information may be helpful, but you can’t completely depend on any of it. The value of coins (and collectible paper money), like the value of anything else, is what a willing buyer will pay a willing seller. This amount is never a fixed figure, as the market fluctuates in varying degrees and at unpredictable rates.

Pricing your collection to sell around Glencoe.

Most of the time, you won’t get the value listed in any pricing guide when selling coins. These guides are meant to provide a general price range you can expect, but many consumer guides tend to show highly inflated values.

Some coin selling terms to keep in mind; Clickbait Pricing, Real-World Pricing, Melt Value Pricing, Numismatics Pricing.

Clickbait Pricing: Defined by Wikipedia as web content designed to generate online ad revenue, often at the cost of quality or accuracy, this pricing relies on sensational headlines to grab attention. Click-throughs occur when readers click a link to proceed to the next stage. Clickbait creators often hype up claims about common coins being worth huge sums, but these are rarely true.

 

Real-World Pricing: This reflects actual transactions where money changes hands. It represents true market value based on what has been paid, not just advertised prices. Ultimately, a coin’s value depends on what someone is willing to pay, with rarity and condition being key factors for collectors.

 

Melt Value Pricing: Before 1965, most U.S. coins contained gold or silver, with a few exceptions. Any value above the melt price comes from its Numismatic Value.

 

Numismatics: This is the study of coins, paper currency, and metals. Rarity and condition are the main drivers of numismatic value, which can be significant regardless of a coin’s metal composition.

Places NOT to sell gold around Glencoe.

• Jewelry Stores and Pawn Shops – Jewelry stores and pawn shops typically focus only on the precious metal value of gold or silver coins and offer a very small percentage of that worth. On the other hand, while many coins are sold on eBay daily, the process can be risky, time-consuming, and expensive.
• Ebay – Although coins sell on ebay, you would be competing with experienced coin dealers and ebay sellers.  There are fees and it is work intensive to photograph, post and settle disputes. Click here for more information.

Sell coins gold me – sell gold locally – Glencoe.

Oakton Coins & Collectibles is located near the 94 West (Kennedy) expressway near downtown Evanston, and less than two blocks from the Oakton stop on the Yellow Line CTA (Skokie Swift). It is convenient and close to Arlington Heights, Barrington, Brookfield, Deerfield, Des Plaines, Elmhurst, Elk Grove Village, Evanston, Franklin Park, Forest Glen, Glencoe, Glenview, Highland Park, Hoffman Estates, La Grange, Lake Bluff, Lake Forest, Lincolnwood, Lincolnshire, Lombard, Morton Grove, Naperville, Northbrook, Northfield, Oak Brook, Oak Park, Palatine, Park Ridge, Portage Park, Prospect Heights, Rogers Park, Schaumburg, Skokie, Wheaton, Wheeling, & Winnetka.