According to the Illinois Tax Code all sales of precious metal coins, rounds, bars and other forms of legal tender are exempt from tax. The stipulation to this tax-free transaction is that either the United States government or any foreign government must issue all forms of legal tender. Bullion is not subject to these rules, fortunately.
Niles Coin Shop
For nearly thirty years Niles Coin Shop has provided the coin collectors of Chicago with premier products and service. Their many years of experience in buying gold and silver bullion gives them an edge among other dealers and has lead to a high repeat business.
They bring years of numismatic knowledge to each transaction. This provides customers with a peace of mind trusting that they are buying from a reputable dealer. In addition to their extensive knowledge, the dealers at Niles take genuine joy in exciting people about collecting and investing in coins. They are as excited to update and expand their own supplies as when a fellow collector comes in and finds their next new coin.
Both novice collectors and investors with years of experience alike will find equal service and guidance at Niles Coins. Each dealer takes his or her job of informing and assisting customer’s transaction very seriously. At Niles they can answer every question you have but for those who aren’t able to make it in to their store they offer a website.
At nilescoinshop.com customers can view daily updated gold and silver market prices as well as featured coins and new arrivals to their “Bid Board.” The Niles Bid Board is an auction held every other Tuesday at 7:30pm to members only. Membership is free and participants are able to bid on a number of different lots, updated each week.
This is yet another unique way the people at Niles Coin Shop make buying gold and silver coins exciting and engaging. Their regular business hours are Tuesday 10 to 5, Wednesday through Thursday 9 to 5, Friday and Saturday 9 to 1. Niles Coin is located at 7635 North Milwaukee Ave. Niles, IL 60714. Their telephone number is (847) 967-5575.
Chicago Coin Company, Inc.
Chicago Coin Company has been in business for nearly sixty years. The business was originally founded as Daru Coin and Stamp. In 1995 William Burd bought the company and turned it into the thriving coin retailer it is today.
They are a long-standing member of the Professional Numismatist Guild, American Numismatic Society and the American Numismatic Association, among others. This speaks to their professional experience and credibility as a trusted bullion dealer. Chicago Coin offers the investors and collectors of the Chicago region with quality, reliable service.
Their dealers have extensive knowledge of the coin and bullion market due to their many years of experience. For those who like to do their research before choosing a coin retailer, Chicago Coins has a very helpful and accessible website. At chicagocoin.com customers have the opportunity to review a whole history of the company and their statement. There is also a page where they can meet the trained dealers at Chicago Coin and review their credentials.
Other great tools that their site offers is a daily updated display of closing precious metal prices on the international market. In addition they clearly outline all products they purchase for those looking to sell or exchange any items in their personal collection. For customers accustomed to face-to-face transactions, Chicago Coin has a brick and mortar store located at 6455 West Archer Ave. Chicago, IL 60638 and their telephone number is (773) 586-7666.
However, they also have a tab on their website which directs customers to their eBay site where they list a majority of the items they retail. This makes it easier for those who are buying from out of town or simply cant make it in to their store. The people at Chicago Coin Company, Inc. have a passion for the work they do.
Their experience and knowledge has lead to a large repeat business of satisfied coin enthusiasts. At Chicago Coin they aim to pass along the same joy they get in buying and selling bullion along to every potential customer who walks in the door. Both novice and veteran collectors and investors alike are treated with the same respect and courtesy.
Kedzie Koins Inc.
Kedzie Koins has been a leading coin and bullion dealer in the Midwest for over thirty years. They are located minutes from the Midway Airport catering to collectors and investors both regionally and worldwide.
Their decades of combined knowledge and numismatic experience has served both Kedzie Koins and its loyal customers in their many years of business. Being family owned and operated, the belief at Kedzie is to treat every customer like part of the team. They offer personalized customer service and council through every transaction.
They take pride in developing working relationships with their customers and sharing their enjoyment in the coin and bullion business. Kedzie Koins provides the highest quality of service in their store with convenient hours, Monday through Saturday 10am to 5pm. In addition, they operate a very helpful and accessible website. At kedziekoins.net collectors and investors can pore over the immense quantities of coins, rounds, bullion and currency regularly stocked at Kedzie.
In both gold and silver they supply a host of different coins from both the US and abroad including US dimes, quarters, half dollars, dollars and a bevy of foreign coins. They stock a variety of certified and uncertified US paper currency. Kedzie regularly supplies customers with a range of silver bullion from coins to 1-ounce bars.
They provide all the common gold bullion coins such as American Gold Eagles, Mexican Pesos, Canadian Maple Leafs, French Francs, British Sovereigns and Chinese Panda to name a few. If Kedzie does not have the particular coin you are interested in, their website also has a feature where one can submit a Coin Request outlining their contact information and the details of the coin they are looking for.
When Kedzie has located and procured that coin they immediately notify the customer and arrange a sale. Another helpful tab is labeled Coin Shows and lists the local and national coin shows that Kedzie Koins Inc. will be attending. These shows are a gathering of collectors and investors alike with a range of experience. For those who are enthusiastic about collecting and investing in bullion, this is a great way to stay informed about upcoming events. Kedzie Koins Inc. is located 5909 South Kedzie Ave. Chicago, IL 60629 and their telephone number is (773) 436-0777.