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Curious if Chicago Coin Company, Inc., the family-owned coin dealers in Worth, IL, lives up to its reputation? Check BBB business profiles.
The company started in 1995. It serves as an authorized PCGS and NGC dealer. They focus on US coins, worldwide coins, currency, stamps, and precious metals.
This review checks their appraisals, expertise, and value. It helps decide if they deserve your trust for buying, selling, or evaluating collections.
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Key Takeaways
- Chicago Coin Company, Inc. stays family-owned since 1995 in Worth, IL. It shines in U.S. and worldwide coins, currency, stamps, and precious metals. PCGS and NGC back their trusted grading.
- They offer confidential appraisals for estates and banks. Free verbal evaluations show their numismatic skills. Perfect for collectors and investors.
- Reliable for buying and selling. Pros like reputation and variety beat any cons. Great for serious collectors.
Company Overview
Chicago Coin Company, Inc. runs as a family-owned wholesale and retail dealer. It started in 1995 at 11527 S. Harlem Ave. in Worth, IL. They buy and sell U.S. and worldwide coins, currency, stamps, and precious metals.
This Chicago coin business serves Chicagoland collectors and investors. It mixes wholesale for dealers with retail for people.
Chicago Coin Company offers free verbal appraisals by phone at 773 numbers or via their eBay store thinkcoins. Quick valuations work for scrap gold or silver bullion.
Experienced numismatists founded it. Numismatists study and collect coins. The company serves estates, banks, trusts, and insurance with confidential appraisals for large collections.
Their buy sheet shows competitive prices for U.S. coins, worldwide coins, and gold or silver. Volume discounts apply to big buys. As PCGS and NGC authorized dealers, they guarantee items. If interested in comparing other local dealers, check our in-depth review of PGS Gold & Coin.
The friendly team at the Worth, IL spot has deep buying and selling experience. They handle single rare coins to full estates.
Team members hold life memberships in American Numismatic Association (ANA), Chicago Coin Club, Central States Numismatic Society, Professional Numismatists Guild (PNG), and Numismatic Literary Guild.
Call 773 or visit eBay thinkcoins for personal service.
Products and Services Offered
Chicago Coin Company sells U.S. and worldwide coins, currency, stamps, and precious metals like gold, silver, and platinum.
They handle single items and large collections. Volume discounts apply to big ones. They buy scrap gold at good rates.
- Maintains strong BBB profiles and good customer reviews.
- Friendly team offers fair buy sheet pricing.
- Handles U.S. coins to bulk metals. Offers silver bullion storage. For comparison, check out our in-depth review of Profile Coins & Collectibles.
U.S. and Worldwide Coins
Chicago Coin Company stocks circulated and rare U.S. coins. They also carry worldwide coins from all eras.
Collectors love specific dates, mint marks, and varieties.
- Morgan dollars: High-grade examples with VAM varieties for advanced collectors.
- Buffalo nickels: Semi-key dates offering strong value retention.
- Canadian Maples: Modern bullion coins with low premiums.
- European crowns: Historical pieces from 19th-century monarchies.
- Match PCGS/NGC graded coins with their buy sheet pricing for the best value.
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Currency, Stamps, Precious Metals
Beyond coins, Chicago Coin Company deals in U.S. and world paper currency, postage stamps, and precious metals including gold, silver, platinum bullion, and scrap gold purchases. These non-numismatic assets cater to diverse investors, with a focus on rarity and market liquidity. Their process for scrap gold involves quick testing, weighing, and payout based on spot price minus a small fee, often same-day for walk-ins. Silver bullion options include storage solutions for bars and rounds, protecting against theft or loss.
| Category | Examples | Current Market Focus | Best For |
|---|---|---|---|
| Currency | Silver Certificates, Confederate notes | Rarity premiums | Historical collectors |
| Stamps | Error varieties, sheets | Philatelic investors | High-yield portfolios |
| Precious Metals | 1oz gold eagles, scrap gold | Spot price + premium | Hedge against inflation |
- Currency: Silver Certificates, Confederate notes for history fans.
- Stamps: Error varieties for investors.
- Precious metals: Gold eagles and scrap for inflation protection.
Appraisal and Evaluation Services
Chicago Coin Company gives free verbal evaluations. They offer confidential appraisals for estates, banks, trusts, and insurance.
Numismatic expertise shines here. Numismatists know coins deeply.
Key services include free verbal appraisals ideal for walk-ins at their Worth, IL location on Harlem Ave, and formal submissions for estates insurance via phone 773. The company operates as a wholesale business with an eBay store under thinkcoins. It offers volume discounts for item purchases. Professional numismatists, life members of the American Numismatic Association ANA, Chicago Coin Club, Central States Numismatic Society, Professional Numismatists Guild PNG, and Numismatic Literary Guild, ensure top-tier evaluations. For instance, a client with 500 silver bullion pieces received a verbal quote in minutes, leading to a scheduled pickup.
| Service | Eligibility | Process | Turnaround | Cost |
|---|---|---|---|---|
| Free Verbal | Individuals | Walk-in/phone | Immediate | Free |
| Confidential Appraisal | Estates/Banks | Formal submission | 24-48 hours | Fee-based |
To submit for appraisal, follow these numbered steps: Clients submit for appraisal with these steps.
- Call 773 during business hours.
- Send photos and inventory list.
- Receive verbal quote on market values.
- Schedule pickup if accepted.
This process proves valuable in estate settlements, where confidential appraisals for banks trusts estates insurance provide documented values compliant with legal standards. Chicago Coin Company,Inc., as Chicagoland top buyers sellers and authorized dealers for PCGS NGC grading service with numismatic guarantee, offers fair assessments that build trust among clients dealing in professional coin evaluations.
PCGS and NGC Authorization
As an authorized PCGS and NGC dealer, Chicago Coin Company ensures all graded coins carry the numismatic guarantee of authenticity and grade accuracy from these premier third-party grading services. This authorization sets Chicago Coin Company apart as a trusted name among coin dealers in Chicagoland, offering buyers and sellers peace of mind. PCGS and NGC grading elevates coins from basic collectibles to verified assets, often boosting resale value significantly. For instance, a raw 1893 Morgan Dollar sells for $50. PCGS MS-65 grade boosts it over $300. The process is straightforward: submit ungraded coins, receive professional grading, then resale with guarantee. Graded coins command a 20-50% premium per PCGS Price Guide, making this service essential for serious collectors dealing in US coins, worldwide coins, or precious metals like gold silver. Clients check their eBay listings for examples.
Chicago Coin's expertise helps collectors understand PCGS vs NGC. This aids wise choices. As a wholesale company on Harlem Ave in Worth IL, Chicago Coin leverages these strengths for volume discounts on large collections from banks, trusts, estates, and insurance items purchase. Their friendly team, backed by combined experience and affiliations like Professional Numismatists Guild, PNG, Numismatic Literary Guild, Central States Numismatic Society, American Numismatic Association, ANA, and Chicago Coin Club, ensures confidential appraisals including free verbal appraisals.
| Service | Strengths | Chicago Coin Advantage | Examples |
|---|---|---|---|
| PCGS | Strict standards, crossover accepted | Fast submission for US coins | MS-70 Modern Eagles |
| NGC | Worldwide recognition, ancient coins | Expert handling of world issues | Ancient Roman Denarii |
Chicago Coin Company's eBay store, thinkcoins, and dealer buy sheet further showcase these graded pieces, solidifying their status as Chicagoland top buyers sellers for silver bullion, scrap gold, and more. Life members in key numismatic groups mean every transaction benefits from professional numismatists' insights, whether for single items or estates.
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Reputation and Expertise
Chicago Coin Company's staff comprises professional numismatists who are life members of PNG (Professional Numismatists Guild), ANA, Chicago Coin Club (CCC), CSNS, NLG, NBS, and other prestigious organizations like APMD, ANS, ILNA, backed by decades of combined experience. Founded in 1995, the company has built a solid foundation as a trusted coin dealer in Chicagoland, specializing in US coins, worldwide coins, gold silver, and scrap gold. Their team holds certifications from PNG, NLG, and NBS, ensuring high standards in appraisals and transactions. Customers often praise the Chicago coin team for free verbal appraisals and confidential services for banks, trusts, estates, and insurance items. This expertise sets them apart from typical dealers, focusing on personalized advice rather than just sales.
Chicago Coin Company has strong affiliations. They benefit collectors and sellers.
PNG membership ensures ethical standards. It follows the Dealer Code of Ethics. This protects buyers from misleading practices.
The company holds ANA life membership. A specific number confirms this status. They stay updated through events and education.
Chicago Coin Club involvement builds local networks. CSNS participation gives access to major shows. This helps with better pricing on precious metals and bullion. Related callout: Is U.S. Coins and Jewelry Worth It? In-Depth Review
Customer reviews call them top buyer and seller in Chicagoland. These ties make Chicago Coin Company Inc reliable for large collections and volume discounts.
| Year | Milestone |
|---|---|
| 1995 | Company founded at 11527 S. Harlem Ave., Worth, IL |
| 2000s | Staff gains PNG, NLG, and NBS certifications |
| 2010s | Gains life memberships in ANA and CSNS |
| Present | Operates eBay store Thinkcoins, wholesale services |
- PNG: Upholds Dealer Code of Ethics for fair dealings.
- ANA: Provides education and advocacy for collectors.
- Chicago Coin Club: Builds community ties in the region.
- CSNS: Access to Central States shows for rare finds.
- NLG: Promotes standards in the Numismatic Literary Guild.
Pros and Cons: Is It Worth It?
Chicago Coin Company offers competitive pricing and expert service. It holds a trusted BBB reputation.
Location in Worth, IL on Harlem Ave suits Chicagoland collectors. They excel in US coins, world coins, and precious metals like gold and silver.
Call their phone 773 line. A friendly team answers with deep experience.
The team includes professional numismatists. They come from PNG, Numismatic Literary Guild, Central States Numismatic Society, American Numismatic Association, and Chicago Coin Club.
Free verbal appraisals carry zero risk. Use them for estates, insurance, banks, trusts, and large collections.
Authorized PCGS and NGC status guarantees grades on purchases. BBB reviews praise confidential appraisals and buy sheets.
Their eBay store thinkcoins handles scrap gold and silver bullion deals.
Volume discounts bring wholesale pricing. They cover professional coin grading submissions for bulk needs.
Consider a $10K estate collection. A free appraisal yields 15% above melt value, adding $1,500+.
Experts spot rare coins others miss. Base melt of $8,500 rises to $9,750+ with their insights.
Buy-sell spreads and silver rates factor in. This boosts real returns.
Appointments work well for most. Locals often book the same week. Non-locals ship securely for appraisals.
| Aspect | Pros | Cons | Mitigation |
|---|---|---|---|
| Grading & Authentication | Authorized PCGS/NGC (grade guarantee) | Professional submission fees apply | Volume discounts reduce costs for multiple coins |
| Appraisals | Free verbal appraisals (zero-risk evaluation) | By-appointment focus (scheduling needed) | Quick phone 773 booking, remote shipping options |
| Pricing | Volume discounts (wholesale pricing) | Location in Worth, IL (may need travel) | Chicagoland network for pickups. eBay store thinkcoins for shipping. |
Collectors decide if Chicago Coin Company Inc fits their needs. They use this simple guide:
- Under $5K: Get free verbal appraisals if near Worth, IL.
- $5K-$50K: Enjoy volume discounts and PCGS/NGC handling.
- Over $50K: Tap estate and insurance expertise plus confidential buy sheets.
Non-locals compare shipping costs to competitor markups. Trusted BBB profiles and reviews often win for precious metals or US coins.