Paying top dollar

for your diamonds since 1980

3 Tips for Selling Your Jewelry in Chicago

Posted on December 31st, 2019 by Joe G

If you find yourself wanting to sell jewelry in Chicago, it can be intimidating to get started. After all, you want to get the highest value possible for your jewelry but how do you know who you can trust? If you are looking for somewhere to sell jewelry in Chicago, you can depend on the time tested years of experience that the jewelry buyers at Chicago Gold Gallery have. Starting their 40th year of buying jewelry in Chicago.

Here at Chicago Gold Gallery, we’ve helped countless people make sure they’re selling their jewelry for top dollar. And to help you, we’ve compiled this list of 3 tips for selling jewelry in Chicago.

Know you’re in good hands

At Chicago Gold Gallery, we make the process of selling your jewelry as simple to understand and informative all along the process. Valuing jewelry comes with various nuances that you should be aware of. When you’re ready to sell your jewelry, talk to an expert at Chicago Gold Gallery and you will be comfortable with the process.

Be Prepared for Various Values

The same jewelry may be valued differently based on different criteria. So while you may have had your jewelry appraised for insurance purposes, that doesn’t mean the appraised value will be the same as the value a jewelry buyer assigns to it. This isn’t because the buyer is dishonest—it’s because insurance companies appraise jewelry based on its replacement value whereas a buyer (who intends to sell the piece) appraises it based on the value he or she may get through a future sale, and uses their experience as to what the resales on the secondary market is for jewelry, diamonds, gold, watches.

Selling Sentimental Items

If you have a sentimental piece and are trying to sell jewelry in Chicago, keep in mind that a jewelry buyer doesn’t award any additional value to jewelry just because it was a family heirloom. Unless the piece itself lends itself to be of a premium secondary market vale and not based on sentiment.

← Back

Customer Testimonial

Had a Great Experience

I have dealt in coins and metals since the 80s. Had dealings with many dealers. Got scammed by a few. Chicago Gold is the only one I would recommend to my family or friends. Have your valuables appraised by them before you sell.


Date: 05/12/2022 • 5 / 5 stars ★★★★★

Awesome place!

What a super knowledgeable gemologist. After all that experience also they are soooo willing to help and answer all the questions I had. Excellent experience. They went above and beyond for me. Highly recommended. Super trustworthy.


Date: 01/20/2022 • 5 / 5 stars ★★★★★

I'll be back

Cashed in some silver coins and received a very fair exchange. Joe and Chris, were very friendly, and comfortable to deal with. Came back with some jewelry, and received a rough appraisal...again no pressure.


Date: 10/17/2023 • 5 / 5 stars ★★★★★

I would do business with them again

Good people who are honest, open and friendly. I'm glad I found them and not too far from my area.


Date: 01/02/2024 • 5 / 5 stars ★★★★★

How to Reach Us?

Get Directions

Contact Us

Get the most for your valuables.

1236 W. Devon Avenue
Chicago, IL 60660

Phone: 773-338-7787 Email: chgogoldgallery@aol.com

Hours: Mon- Fri: 10:15am-6pm, & Sat: 10:15am-5:00pm

Especially Wanted

  • Gold & Silver Coins
  • Bullion Gold, Silver, & Platinum
  • Scrap & Old Gold
  • Sterling Silverware
  • Dental Gold
  • Coins & Coin Collections
  • Franklin Mint
  • Collectibles
  • Rare Coins
  • Antique & Modern Jewelry
  • Diamonds
  • Watches - Rolex, Patek Philippe
  • Broken Jewelry
  • Tiffany & Company - Cartier
  • Vintage & Modern Guitars