Coin shows in Illinois are events where numismatists, dealers, investors, collectors and enthusiasts gather to trade, sell, and buy coins, precious metals, paper money, and related products. These events provide a great opportunity for collectors and investors to meet and network with others who share their interests.
Some coin shows are locally organized events, featuring many local coin dealers and collectors from around Illinois. Larger coin exhibitions often include various workshops, presentations, historically significant collections on display, and some even include professional graders from companies like PCGS and NGC for onsite grading and encapsulation.
Oct 20, 2024 | Cicero-Berwyn coin and stamp bourse Berwyn, IL |
Oct 27, 2024 | Elgin Coin Club Coin Show Elgin, IL |
Nov 3, 2024 | Orland Park First Sunday Show Orland Park, IL |
Nov 3, 2024 | Champaign-Urbana Coin & Currency Annual Coin Show Urbana, IL |
Nov 10, 2024 | West Suburban Coin & Collectibles Expo Countryside, IL |
Nov 17, 2024 | Cicero-Berwyn coin and stamp bourse Berwyn, IL |
Nov 24, 2024 | Peotone Coin Show Peotone, IL |
Dec 14, 2024 | West Suburban Coin & Collectibles Expo Countryside, IL |
Dec 15, 2024 | Cicero-Berwyn coin and stamp bourse Berwyn, IL |
Dec 22, 2024 | Orland Park First Sunday Show Orland Park, IL |
Mar 30, 2025 | Elgin Coin Club Coin Show Elgin, IL |
Oct 26, 2025 | Elgin Coin Club Coin Show Elgin, IL |
Coin shows are a great opportunity to get find unique offers and deal directly with sellers one-on-one. This is a great way to network and meet new connections. They also allow you to see and experience many different coins under one roof and ask experienced collectors and dealers questions to gain more knowledge.
Buying and selling precious metals at a coin show allows you hold that gold or silver in your hand, inspect it, and negotiate directly with dealers for the best price. And many offer a better deal when bartering or paying with cash.
Dealing directly with the sellers means you bypass the middlemen. There are no extra fees, no delays and no documentation. Just you and the seller making a one-on-one deal. Trading precious metals at coin shows allows you to score a better deal through haggling, bartering, and buying in bulk. Cash transactions at coin shows leave no trace.
Illinois offers a variety of options for those interested in buying and selling precious metals like silver and gold. From traditional local coin shops and bullion dealers to pawn shops, online platforms, and coin shows, investors have numerous avenues to explore. Illinois' rich history in commerce and trade is reflected in the number of local businesses catering to precious metal investors.
One of Illinois' best ways to purchase and sell gold and silver is through local coin shops and bullion dealers. These businesses offer face-to-face transactions, the opportunity to inspect precious metals before purchase, and expert advice from knowledgeable professionals. Many well-established local dealers have earned a reputation for transparency and fair pricing. Cities like Chicago, Springfield, and Peoria have numerous shops where investors can explore various options for buying and selling precious metals.
Pawn shops offer a convenient way to sell precious metals quickly and sometimes purchase them at fair prices. While the premiums on purchases may be slightly higher than those found at coin shops or bullion dealers, the advantage of immediate cash transactions makes them a viable option for some investors. Cities such as Joliet, Rockford, and Aurora have several pawn shops where precious metals transactions can be conducted.
Illinois is home to several coin clubs and shows, which offer investors and collectors a chance to buy, sell, trade, and learn about precious metals in a more social and educational environment. These events often bring together dealers from around the state, offering a more comprehensive selection of rare coins, bullion products, and collectibles.
For investors seeking convenience, online dealers are an excellent option. These platforms offer competitive pricing and a wide selection of precious metal products. Illinois investors can easily compare prices, review customer feedback, and have their metals shipped securely to their homes or storage facilities.
When it comes to sales tax laws in Illinois, the state does impose a sales tax on the purchase of precious metals. However, there are some exemptions. For instance, sales of legal tender, medallions, and bullion with a purity of at least 0.900 are generally exempt from sales tax. It's crucial for investors to stay updated on the latest tax laws to ensure compliance and optimize their investments.
Cities like Chicago, Springfield, and Peoria offer local access to coin shops where investors have plenty of options for in-person transactions. This often allows for immediate cash transactions, which can be more convenient than waiting for online payments to process.
Local shops in Naperville and Elgin also provide opportunities to sell scrap gold or silver based on its weight and current market prices. Staying informed on the latest precious metal prices is essential, as market conditions can fluctuate rapidly. Some Illinois retailers, including pawn shops and precious metal refiners, specialize in purchasing scrap metals and offer quick cash deals, which can be especially useful in times of economic uncertainty.
Overall, Illinois' precious metals market offers a robust network of local dealers that provide a wide array of services, from appraisals and in-person transactions to selling rare coins and scrap metals, making it a popular state for investing in bullion.
No sales tax on precious metals or coins.
Precious Metals Sales Tax Illinois Precious Metals Sales Tax:No sales tax on precious metals or coins.