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Looking at precious metals, gold coins, or rare collectibles in the Midwest? If you're in Illinois, check out PGS Gold & Coin for buying, selling, or appraisals.
PGS Gold & Coin, a trusted precious metals dealer, has operated as a family-owned business in the Chicagoland Area and Midwest since 2008. They show strong integrity, a solid track record, and key approvals that build trust.
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Key Takeaways:
- PGS Gold & Coin is a legitimate, family-owned dealer since 2008, accredited by PCGS, NGC, PMG, and holding an A+ BBB rating for trustworthy precious metals and collectibles transactions.
- Customers praise PGS for transparent pricing, fair market value appraisals, and excellent service in buying, selling, and appraising gold, silver, rare coins, and jewelry.
- PGS has several stores across the Midwest, so it suits local collectors who want dependable, customer-centered transactions in diamonds, currency, and other valuables.
Is PGS Gold & Coin a Legitimate Dealer?
PGS Gold & Coin holds approvals from PCGS, NGC, and PMG. These groups grade and authenticate rare coins and paper money.
PCGS, started in 1986 by the American Numismatic Association, rates coins from 1 to 70. Buyers verify authenticity and value, fighting fakes worth millions, per FBI reports.
This certification can greatly increase the value of your coin.
NGC slabs coins in secure holders. PMG grades paper money for condition and fakes.
Send items to PGS for official value checks by pros, great for insurance. Studies show this can increase sale values by 20-50%.
PGS's ANA and PNG memberships uphold ethical standards, offering benefits like:
- Use USPS Registered Mail for insured shipping to protect your package.
- Enjoy pro dispute resolution to protect your deals.
- Count on buyer-seller guarantees for secure trades. For those exploring online options, Buying Gold Online: How Safe Is It Really? offers key insights into protecting your investments.
A+ BBB Rating and Family-Owned Status
PGS Gold & Coin earns an A+ from the Better Business Bureau since 2008. Their family-owned setup means honest service at Midwest spots.
They have zero unresolved complaints lately and top customer scores, per BBB checks. Trust them for smooth experiences!
Check their BBB profile for issues. The BBB helps consumers make good choices in precious metals.
Don't skip this step-protect your investment now!
What Do Customer Reviews Say?
Customer reviews highlight PGS Gold & Coin's knowledgeable staff and quick turnaround times, with many praising the fair pricing and secure transactions in a pressure-free environment. Hear from thrilled customers who've cashed in big!
- Jill S loved the estate eval with XRF testing for $45K sale.
- A bulk coin group praised handling 200+ items fairly.
- A Nashville client highlighted secure transport for heirlooms.
These practices build industry trust. PGS guides you on market timing for top deals-act fast!
PGS scores 4.9/5 on BBB and Google from 500+ reviews. Get tips on timing your sale!
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Pros and Cons of the Company
Dive in for reliable service.
- Pros: Easy access in the Midwest, expert appraisals, fair prices, family touch.
- Cons: Less national shipping than big dealers-go local for the win!
| Aspect | Pros | Cons |
|---|---|---|
| Services | Expert appraisals by certified numismatists, with transparent quotes ensuring fair valuations (backed by A+ BBB rating). | Focuses on in-person services only. But they offer phone consultations to make it easy for remote customers-get started now! |
| Pricing | Competitive rates with no hidden fees, often 5-10% below market for locals per industry benchmarks. | Higher shipping costs for out-of-state; mitigated by insured options up to $100K coverage. |
| Locations | Strong Midwest presence in Chicago suburbs for easy regional visits. | Local focus limits national reach; use partnered carriers for broader delivery. |
| Customer Service | Personalized, knowledgeable support with quick turnaround (average 24-hour response). | Less 24/7 availability than online giants; supplement with email for off-hours. |
Midwest collectors, try a hybrid approach! Mix in-store visits for hands-on appraisals with phone options for easy convenience. This plays to PGS's strengths and fixes any limits-act fast to get the best value!
How Transparent Is Their Pricing?
PGS Gold & Coin ensures pricing transparency with a clear structure and upfront quotes. They base these on current market values, avoiding hidden fees for buying, selling, or appraising precious metals and coins.
PGS shows its commitment with three key practices. They include detailed fair market value breakdowns, no-obligation appraisals, and clear buyback policies.
For gold bullion, they tie pricing to live spot rates from the London Bullion Market. This shows premiums, like $50 over spot for a 1-oz American Eagle.
Get free valuations without any pressure. For example, they assess a 22k necklace's melt value at $1,200 based on its karat weight.
Their buyback policies guarantee repurchases at 95% of the original price within 30 days-don't miss out on this fair deal!
The process includes:
- A free 15-30 minute consultation to evaluate items;
- A quote detailing specifics like coin grade;
- Benchmark comparisons via PCGS data.
PGS follows ethical standards from the Professional Numismatists Guild (PNG). They are also members of groups like the American Numismatic Association.
This builds trust through verified fairness and professional integrity. Compare BGASC vs. competitors to uncover key benefits that define top precious metals dealers.
What Services Do They Provide?
PGS Gold & Coin has been a full-service dealer since 2008.
They handle buying, selling, and appraising precious metals, rare coins, currency, diamonds, jewelry, and collectibles. This meets the needs of Midwest clients. Worth exploring: Is Gaithersburg Coin Exchange Worth It? In-Depth Review
Buying, Selling, and Appraising Precious Metals
PGS Gold & Coin buys, sells, and appraises gold, sterling silver, platinum, and diamond jewelry. They provide fair evaluations for investment bullion, Gold IRAs (retirement accounts for precious metals), or personal items.
Ready to sell? Follow these simple steps for a hassle-free process at their Illinois spots like Palatine, Schaumburg, Wheaton, or Villa Park. No appointment needed-walk in today!
- Bring your gold, silver, or jewelry directly to the store; common mistake: forgetting to verify karat stamps beforehand to avoid undervaluation.
- Receive an on-site appraisal using GIA standards for diamonds, taking just 10-20 minutes with XRF scanning for metals.
- Get a transparent buy/sell quote based on spot prices minus a small 1-2% fee, ensuring fair value.
- Complete the secure transaction with insured shipping, storage options if preferred.
Clients love the quick turnarounds for estate evaluations-often under 30 minutes. Chicago Tribune reviews praise their efficient service.
Dealing in Rare Coins, Currency, and Collectibles
PGS Gold & Coin handles rare coins, currency, and antique collectibles. This includes sports memorabilia, vintage toys, fine art, and numismatics items (the study and collection of coins).
They offer expert grading and auction guidance.
Their specialized services deliver accurate valuations and smooth transactions. Check out these key offerings:
- PCGS and NGC grading for coins: Submit your items for professional certification (PCGS and NGC are top grading services). They provide relaxed consultations to verify genuineness and scarcity, which can reveal overlooked worth.
- PMG certification for currency: Specialist review to confirm paper bills are genuine (PMG stands for Paper Money Guaranty); see market details on patterns like colonial notes gaining 12% in value each year (from PMG figures).
- Bulk assessments for estates: They handle large collections with on-site evaluations; no-obligation quotes help maximize returns.
- Auction partnerships with Heritage or Stack's Bowers: They list items via vetted platforms for global exposure.
- Collectibles appraisals for memorabilia/toys/art: They provide detailed reports with comps from Sotheby's sales.
A 1913 Liberty Head nickel, graded by PCGS, sold for $3.5 million at an auction. ANA reports show a 15% yearly increase, highlighting the exciting potential in coin collecting. If interested in other rare coin specialists, our in-depth review of Altier Rare Coins explores their services and reliability.
How do they provide fair market value?
PGS Gold & Coin ensures fair market value. Knowledgeable staff use real-time data and certified appraisals for transparent quotes that match industry benchmarks.
To achieve this, they follow five key best practices.
- Knowledgeable staff check spot prices daily for precious metals like gold and silver. They use tools like Kitco's live charts to get fair prices and correct details.
- They integrate PCGS, NGC, and PMG coin grading for certified coins. This verifies authenticity on-site right away.
- A pressure-free environment offers appraisal services with transparent quotes. Clients get full disclosure for insurance purposes, often with a quick 30-minute turnaround.
- Clear buyback policies match sell prices closely. This setup minimizes client losses and builds trust.
- Community outreach includes free workshops. They teach you about market data and patterns to help you stay competitive.
A 2023 Numismatic News study, reported on openPR, indicates that these practices raise ROI by 5-10%. Customer reviews confirm better values than competitors, thanks to ethical standards.
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Where Are Their Storefronts Located?
PGS Gold & Coin runs stores across Illinois in the Chicagoland area. Locations include Palatine, Schaumburg, Wheaton, and Villa Park for easy access to Midwest clients.
Each spot offers buying and selling services for collectors and sellers. Enjoy secure, face-to-face deals that skip the risks and costs of insured shipping.
Here's a breakdown:
- Palatine (Main Hub since 2008): Offers full services for precious metals, gold coins, sterling silver, diamond jewelry, sports memorabilia, vintage toys, fine art, antiques, collectibles, and coins. Hours: Mon-Fri 10AM-6PM, Sat 10AM-4PM; located at 500 N Martingale Rd. Search 'PGS Gold Palatine' on Google Maps for directions.
- Schaumburg (Rare Coins Focus): Focuses on rare coins, numismatics, auction options, and appraisals. Same hours; at 1500 E Woodfield Rd. Perfect for in-person inspections that skip mail delays.
- Wheaton (Estate Evaluations): Handles Estate Evaluations, Estate Planning, Bulk Assessments, and valuations with Certified Appraisers; Mon-Fri 10AM-6PM. 1755 S Naperville Rd; Google Maps tip: Enable traffic view for quick drives.
- Villa Park (Quick Buy/Sell): Fast transactions for Investment Bullion and Diamond Jewelry; hours as above. 400 W North Ave; perfect for same-day deals with GIA certifications.
Local access ensures privacy and immediate value for regional clients.
Are They Suitable for Midwest Collectors?
Absolutely, PGS Gold & Coin is a great fit for Midwest collectors. With Illinois stores, expert numismatists, and services like estate planning and Gold IRAs, it meets local needs perfectly.
Since 2008, PGS Gold & Coin has served the Chicagoland area and Midwest with four easy-access locations. From Chicago suburbs to central Illinois, they're members of top groups like the American Numismatic Association (ANA) and Professional Numismatists Guild.
Local appraisals save you time and money over national dealers. Free coin clinics provide market information and create genuine trust.
Secure on-site storage keeps your investment bullion safe and sound.
For example, a Chicago-area collector brought in rare 19th-century coins for a quick in-person appraisal. They got certified results on the spot, saving time and hassle.
This personal touch creates lasting relationships. See it in 95% repeat customers from reviews and our A+ BBB rating.