Sell Gold and Diamonds in Chicago
Gold buyer in Chicago
My name is Mike J., and I own Cook County Buyers Inc. I started this business over six years ago, buying scrap gold jewelry, and have been in the business my whole life. I decided I could do a better job than the corporate gold buyer stores or local pawn shops, and I have grown into a top choice in Chicagoland for individuals looking to sell gold and diamond jewelry. Everyone claims to pay the most when it’s time to sell gold, but I can 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 to cover expenses such as rent, employees, and other significant overhead costs.