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Sell Gold, Silver, and Platinum in Chicago 

 June 18, 2020

By  devinhsmartin

Clark Pawners & Jewelers in Chicago’s Lincoln Park neighborhood buys gold, silver, and platinum items every day. Whether you have a single piece or a larger collection, our team evaluates everything in person and provides a same-day cash offer with no pressure and no hidden fees. Bring your items to our shop and walk out with cash the same day you arrive.

What Gold, Silver, and Platinum Items We Buy

We purchase a wide range of precious metal items, including gold jewelry such as rings, necklaces, bracelets, earrings, and chains, silver jewelry and silverware, platinum jewelry and watches, gold and silver coins, broken or incomplete jewelry with verifiable metal content, dental gold, and gold and silver bars and bullion.

For a complete list of all categories we purchase, visit our What We Buy page.

How We Calculate Precious Metal Value

Our offers are based on four primary factors: metal purity, item weight, current spot market pricing, and overall condition. We use calibrated scales and verified testing methods to determine purity before making any offer. You receive a clear, itemized quote before deciding whether to accept.

For market examples, see our current scrap gold pricing guide.

Gold Purity Guide: 10K, 14K, 18K, and 24K

Gold purity is measured in karats. Understanding your item’s karat stamp helps set realistic expectations before your visit.

10K gold is approximately 41.7% pure gold. Items stamped 10K, 417, or .417 fall into this category. 14K gold is approximately 58.3% pure gold and is one of the most common purities in U.S. jewelry, stamped 14K, 585, or .585. 18K gold is approximately 75% pure gold. 24K gold is nearly pure gold, typically 99.9% or higher, and is common in bars, bullion coins, and some international pieces.

Higher karat values mean a greater proportion of gold in the item, which is one factor in our evaluation alongside total weight and current market pricing.

Silver and Platinum Evaluation Factors

Silver is evaluated based on purity, weight, and current market pricing. Common silver purities include .925 sterling, .999 fine silver, and coin silver. We buy sterling silver jewelry, silver flatware, silver coins, and other silver valuables.

Platinum is evaluated by purity, weight, and condition. Common platinum purities are marked 850, 900, or 950. We buy platinum rings, pendants, and other platinum pieces.

If you have plated silverware and are unsure whether it qualifies, use this flatware value guide first to understand what plated versus solid silver means for value.

How to Prepare Items Before Your Visit

Bringing your items organized and documented helps us provide a faster and more accurate evaluation.

Bring the item itself. We evaluate all pieces in person. Same-day offers are made only after we see the item.

Include any documentation. Certificates, receipts, or original packaging can speed evaluation and improve offer confidence. They are not required but are helpful.

Bring a valid photo ID. A government-issued ID is required for all transactions.

Once you arrive, we evaluate your items, provide a clear offer, and pay you the same day if you accept. Call us at 773-528-7900 or visit us in Lincoln Park to get started.

FAQ: Selling Precious Metals in Chicago

How much will I get for 14K gold?

Offers depend on current market pricing, purity, and item weight. We evaluate each piece in person and provide a same-day quote.

Do you buy broken gold jewelry?

Yes. We buy gold jewelry in many conditions, including broken pieces, as long as metal content can be verified.

Do you buy silver coins and silver flatware?

Yes. We buy silver coins, selected silverware items, and other silver valuables based on purity and demand.

Do you buy platinum jewelry and watches?

Yes. We buy platinum items and evaluate them based on purity, weight, condition, and market demand.

What should I bring to sell precious metals?

Bring your items, any certificates or receipts you have, and a valid photo ID for the transaction.

Ready to get a same-day offer on your gold, silver, or platinum? Bring your items to Clark Pawners & Jewelers in Lincoln Park, Chicago. Call us at 773-528-7900 or stop in during regular business hours. No appointment is needed.

Clark Pawners & Jewelers is your trusted pawn shop in Chicago. We buy and sell jewelry, diamonds, gold and more, aside from offering cash loans.

Clark Pawners & Jewelers

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