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

If you’re looking to sell gold, we buy it all. Yellow, white, or rose gold, in any condition, has value—even if it’s broken or out of fashion. We’re also interested in estate collections, high-end designer jewelry, and dental gold. From 10k up to 24k, every karat grade is welcome. We also purchase gold and silver bullion, and pieces with gemstones such as diamonds, sapphires, and emeralds are evaluated for their complete worth. No matter what form your gold takes, you can count on us for an honest appraisal and immediate payment.

Understanding how to sell coins around Wheaton.

There are several points to consider when selling your coins. The first is to understand where the value originates from.  There are coins that are simply only worth face value, but there are also some that are worth a significant amount of money more than that. Collectors don’t exclusively collect valuable coins.  Many people collect low-value or face-value coins for various reasons. Regardless of the size or value of your collection, Oakton Coins is here to help. 

There are times that people decide to sell their entire collection.  In other instances, people sell the only the most valuable parts and divide the rest between siblings. If you are in the possession of a small collection without a lot of monetary value, maybe a young person in your family would appreciate owning it. 

Another consideration is whether to organize the collection.  Unless you feel compelled to do this, there is no need because it is part of our appraisal process. However, if you do organize them, it’s not necessary to organize them by date. 

When we appraise a collection, we group coins by composition (copper, nickel, silver, or gold) and then separate them according to these groups

• • 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:

How much money did the collector spend or how regularly did the owner buy coins? Are there any bills of sale, canceled checks or invoices from dealers or auction firms? Is there an insurance policy or a will with information?

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 Wheaton.

Although pricing guides can be informative, most of the time they have very inflated values.  It is not likely that as a seller, you will receive anything close to the printed values in the references.  They are there only to provide a price range that you can reasonably expect to pay for a coin.  

If you have been thinking that it’s time to sell your coins, you have found the right place. Oakton Coins and Collectibles is aware that selling a single coin or a whole coin collection is a careful and stress-provoking endeavor. Even if you are a life-long coin collector or have just inherited a coin collection, when considering how to sell your coins, you have numerous options. Oakton Coins & Collectibles can help make it easier.

Useful coin-selling terminology

Numismatics: Numismatics refers to the study of money, coins, paper currency, and metals. Numismatists, or coin enthusiasts will understand that the rarity and the condition of a coin, together, drive the price. Although rare, there are some coins that are seemingly not worth much in because they may not be a precious metal or a high denomination but because of rarity and condition, they can have a high numismatic value.

Clickbait Pricing: This is the trash of the internet.  You see a headline that speaks to your curiosity but need to click it to read more, but then you have to see an advertisement and then they still don’t show you what you were looking for or maybe only a few words, before you have to pay with another click. It is web content that is created to generate clicks which generate advertising revenue, and it is often the source of inaccurate and even false claims.  The more sensational the headline, the more click-throughs it will attract.  A click-through is when the reader clicks a link to get to the next stage of the bait. What headline is more sensational than the promise of easy money?  One of the favorites of clickbait producers is the story of how some older simple coin you found inside an old sofa could be worth hundreds or even thousands of dollars, but this is just a fiction. 

Real-World Pricing: Real-world pricing reflects amounts that have actually been paid, so it is true market value. Everything else is only an idea about the worth. Any coin is only worth what someone will pay for it, and collectors usually focus on rarity and condition to determine monetary value.

Melt Value Pricing: Coins that are composed with precious metals, such as gold and silver, have what is know as a melt-value.  It is the worth of the precious metal alone.  The Unites States stopped using silver in coins after 1965, except for special collector’s editions.  If a coin has numismatic value in addition to melt value, the sale price may be higher.

Places NOT to sell coins around Wheaton.

• Pawn Shops and Jewelry stores – Although both will buy coins, because typically they are not experts, they usually only a small percentage of the melt value by weight.
• eBay – This is only recommended if you have a solid understanding of both numismatics and eBay selling.  Otherwise, scammers are rampant and it may be only a waste of your time. Click here for more information.

Sell coins near me – sell coins locally – Wheaton.

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.