About Selling Gold in Chicago

Sell Gold and Diamonds in Chicago

Selling gold in chicago - We buy diamonds Too!

Gold buyer in Chicago

My name is Mike Jacobson, owner of Cook County Buyers Inc.. I started this business over 6 years ago buying scrap gold jewelry and have been in the business my whole life. I decided that I could do a better job than the corporate gold buyer stores, or local pawn shops and have grown into a top choice in Chicagoland for individuals looking to sell gold and diamond jewelry. Everyone claims to pay the most when its time to sell gold, but I can actually deliver because I have zero employees, a very small office, and minimal expenses.

Sell Gold in Chicago

When selling gold in Chicago I work on an average profit margin of 20% to 25%. This translates into a higher payout to you, the seller, meaning if I pay you $1000 for your gold, when I sell it to the refiner, it will net me around $1200 to $1250 depending on what happens to the price of gold. Most buyers would need to pay much less for the same amount of gold in order to cover expenses such as rent, employees, and other major overhead costs.

Sell Diamonds in Chicago

Sell Engagement Rings