How to sell gold in and around Skokie!
We know you have many choices when looking to sell gold, but finding a reputable gold and jewelry buyer is key to a profitable transaction. Many stores simply “weigh & pay”, and usually offer only about 50% of the value of your gold without taking into account the true value of the jewelry. At SELL GOLD Skokie an experienced jewelry buyer will appraise your items evaluating for diamonds or famous brand jewelry such as Tiffany, Cartier and other high worth brands. If the piece is not a high worth brand, we offer offer 75% and up for your gold plus the value of the diamonds or other precious gemstones without any of the high-pressure tactics so common in this industry. Our hallmark move? We always consider the possibility that your piece can fetch a greater value through auction, collector’s, eBay, or other sale. If applicable, we offer you more than than any other store could. Don’t settle for less, sell your gold for the most cash today!
Don’t hesitate to visit us when you are thinking of selling your gold. With numerous reviews online we have a reputation for being one of the best places to sell gold in Skokie. Consumers have raved about getting the highest cash for gold prices with us when selling gold jewelry and diamonds in Skokie. Please give us a call, email, or visit our store for a reputable place to sell gold, jewelry, and diamonds!
SELL GOLD Skokie has earned a reputation for Paying Top Dollar for Gold Jewelry
Are you in need of money and looking for where to sell gold? We offer you easy cash for all your authentic gold, even if it is damaged or broken. We accept everything from broken or tangled chains, un-matched earrings, old class rings, coins, bracelets, dental gold and more. At SELL GOLD CHICAGO we always get our customers high cash for gold payouts – we truly are the best place to sell gold!
At SELL GOLD Skokie we buy gold jewelry, coins & bullion
Gold can be found in many purity’s – from 10 Karat, 14k, 18k, 22k and 24 Karat gold are the most common. Whatever purity your gold is, selling gold for cash is easy when you bring it in to SELL GOLD CHICAGO! You won’t be disappointed with our payouts!
QUESTIONS TO ASK YOUR GOLD BUYER
When you ask who will buy my gold, you don’t have to look farther than your trusted local chicago coin shop , throughout history, they have bought and traded gold jewelry, creating a tidy profit for their esteemed customers.
But with so many corner gold resale shops, how do you know you are getting the best price on your gold jewelry when you are ready to sell?
Oakton Coins Chicago has several unique qualities that allow them to make the very best offer on gold jewelry sales, crafting a mutually beneficial transaction. Benefits of working with us include:
Oakton Coins Skokie has long standing relationships with our refiners and purveyors of gold and other precious metals. We cultivate our established relationships by assuring the best offerings of gold and precious metals and by offering a steady supply of resale goods.
Fair and Reasonable Price
Amateur gold buyers weigh your gold and offer a set price. At Oakton Coins Chicago our goal is to create a lifelong customer. We aim for a fair and reasonable price, cultivating a relationship built on trust and fairness. We are confident we can offer a purchase price which will satisfy your needs.
There are countless unfortunate stories about high value designer gold jewelry items being purchased for scrap by an unknowing gold buyer and a naïve seller. At Oakton Coins Skokie our well-trained staff knows how to identify pieces of value. There have been several cases of our buyers identifying a designer piece and offering the client more than they expected, due to the potential resale value of the item.
If there is any question to the value, we will research the piece and share the results with you.
We can turn your gold jewelry sale into a success story too.
Sell gold skokie, we will buy your gold for cash or check! Oakton Coins & Collectibles buys all forms of gold and silver in skokie Illinois (Chicago). Price your gold around and then come to us, we will usually beat your best price. We will beat other prices.
Sell your unwanted gold, diamonds, sterling silver and platinum at highest prices!!!
Buying diamonds in all shapes and sizes, Skokie!
Buying engagement rings in all shapes and sizes
Premiums paid for Tiffany, Cartier, and Jenson jewelry
Buying luxury watches including Rolex, Patek Phillipe, Cartier
Buying sterling jewelry, flatware, trays and serving dishes
Premiums paid for GIA and Certified diamonds, skokie!
Buying 10k, 14k, 18k, 22k and platinum
Buying Large sapphires, rubies and emeralds
Buying broken and outddated jewelry
Buying bracelets, rings, charms, chains, coins, and brooches
All forms of gold & silver, skokie!
Scrap Gold Skokie
Junk Gold Skokie
Sell Broken Gold Skokie
Sell Broken Gold Rings in Skokie
Sell Broken Gold Bracelets in Skokie Chicago
Scrap Gold Necklaces and Bracelets
Scrap Gold Skokie
Military Gold Rings/Gold Skokie
Gold Class Rings
Class Gold Rings Skokie
Gold Pocket Watches Skokie
Scrap Gold Watches
Scrap Gold Skokie
Scrap Gold Cufflinks of all Sizes Skokie
Gold Lighters of all Sizes
Sell Your Gold Lighters for CASH Skokie!
All types and forms of Gold Lighters
Scrap Gold Pocket Watches
Dental Gold/Skokie Gold
Broken Gold Watches/Gold Skokie Evanston
Scrap Gold Skokie
Sell Scrap Gold in all Shapes and Sizes at our Skokie location
Gold Watches Skokie
Scrap Gold Jewelry Skokie
Today in Skokie; Gold is trading firmly above the $1200/oz, and almost 70% higher than Skokies target price. But of course, just like any other ‘analyst’, the bank quickly reversed its course just a few months later when the market started to turn around. The bank, just like so many other banks, suddenly realized gold was there to stay, and started to run behind the curve as their target prices of $1100/oz were immediately met.
Just an FYI…. Retail jewelers mark up diamond wedding rings by an average of 300% up to a unbelievable 1000%. The estimates on markups are broad, but most of the reliable sources we’ve seen indicate that 300% is the usual markup. Your acquaintance who says he bought a $10,000 ring for $1,000 might be on the level.
Taking a closer look at gold’s qualities as an investment, it’s easy to see why the Oracle of Omaha has stuck to stocks. Here are five characteristics that show gold isn’t a great place to put your money:
Poor long-term returns. Let’s start with the biggest one. Investors are familiar with the phrase “past performance is not necessarily indicative of future results,” which is a sober reminder that mutual funds and managed accounts frequently mean-revert (or move back toward their average).
However, that implicit warning holds less muster when looking at the performance of entire asset classes over time. This, says Robert R. Johnson, president and CEO of the American College of Financial Services, is where gold’s inferiority comes clear.
Johnson and his colleagues in the book “Invest with the Fed” wrote that gold underperforms equities in all interest rate environments, despite its celebrated popular status as a hedge against inflation.
“From 1972 through 2013, common stocks returned 14.68 percent in falling rate environments while gold futures returned 7.85 percent. In rising rate environments, stocks returned 8.47 percent while gold only returned 4.86 percent. When rates were flat, stocks provided a gain of 10.61 percent and gold returned 8.61 percent,” Johnson says.
The first full year the dollar wasn’t tied to a set price of gold was 1972, so it’s an important year for comparison’s sake.
How do you value gold? Finance nerds will tell you that the value of any asset is the present value of all future cash flows. Old-school Wall Street firms live and die by this concept, and many a blue-chip stock is bought or sold when the “models” – rigged with well-researched growth and interest rate assumptions – flash “buy” or “sell.”
Similarly, there are all sorts of ratios – price-earnings, price-book value, price-enterprise value, etc. – that investors use to gauge whether a stockis a steal or a ripoff.
These metrics don’t exist for gold, says Tom Cassidy, chief investment officer of Univest Wealth Management Division.
“The value of a company can be estimated based on forecasts of future earnings and the growth of earnings. Gold does not have earnings and, in fact, if you want to hold physical gold there is potentially a cost to hold and insure it. Gold is worth what people are willing to pay for it on that day,” he says.
“The value of gold is determined by supply and demand, which is very hard to predict. Demand typically goes up based on fear and not fundamentals.”
You can’t exactly put a dollar figure on a fear index, can you?
Gold doesn’t throw off cash. One of the best things about stocks is their ability to produce income for the shareholder. Over time, not only do you get to keep your equity in a growing company, but you get to receive the dividends it paid out over the years, too.
Johnson puts the dilemma simply: “A major disadvantage to investing in gold is that there are no periodic cash flows made to the investor. Unlike most stocks and bonds, there are no regular cash dividends or coupon payments made to gold investors.”
Also, cash isn’t used exclusively for dividends. It can also be used to buy back stock or reinvest in the business, neither of which apply to a nonproducing asset like gold.
Little actual utility. OK, so the famed precious metal doesn’t throw off cash. But neither does it really provide much utility in the way of production value, says Andrew Chanin, CEO of PureFunds. In fact, gold isn’t even the most useful precious metal, practically speaking.
“Most gold that gets mined gets turned into bars, jewelry and coins and then stored in a vault,” Chanin says. On the other hand, “roughly two-thirds of silver produced goes to industrial applications, such as solar panels, medical devices and electronics such as computers and cell phones.”
In short, “gold lacks significant industrial utilities,” he says.