Where To Buy Gold In Mendota, Illinois

Buying Gold Near Mendota Is Easy As 1...2...3!

Step 1
Place Your Order Online!

Step 2
Gold shipped in 24 hours!

Step 3
Your Gold arives!

Buying gold in Mendota, Illinois has never been easier! Dozens of local and national gold dealers are standing by to help you invest!

Local Gold Dealers

1) Zacks

31.57 Miles Away (815) 787-4653 213 Grove St DeKalb, IL 60115

2) Morris Coin Shop

37.84 Miles Away (815) 942-1056 302 Liberty St Morris, IL 60450

3) EZ Pawn

43.54 Miles Away (630) 844-3185 300 W Indian Trl Aurora, IL 60506

4) STC Cash for Gold and Silver

47.28 Miles Away (847) 888-3883 840 W Main St St Charles, IL 60174

5) Money Market Pawn

47.82 Miles Away (815) 962-2420 1010 18th Ave Rockford, IL 61104

6) Paymaster Pawn & Jewelers

48.38 Miles Away (815) 964-7237 1103 7th St Rockford, IL 61104

7) GoldMax

50.38 Miles Away (877) 465-3629 924 W. 75th St. Naperville, IL 60565

8) GoldMax

50.65 Miles Away (877) 465-3629 887 Randall Rd. Elgin, IL 60123

9) Naperville Jewelry & Coin Exchange

52.77 Miles Away (630) 357-2928 914 E Ogden Ave Naperville, IL 60563

10) Fast Cash and Pawn

52.80 Miles Away (630) 579-3278 929 E Ogden Ave Ste 107 Naperville, IL 60563

Gold Purchase Formats

There are a number of physical formats you can consider when buying gold:


  • Gold Coins: Some coins have a "rarity" component associated with them that can add to their value. Coins are a great option but avoid purchasing based on rarity unless you really know what you're doing
  • Gold Jewelry: Investing in jewelry is another option. You'll take craftsmansip, design, and purity into account when valuing these items.
  • Gold Bars: Bars are typically quite pure, and stamped with the name of the production refinery. Value is directly aligned to the amount of metal in the bar.
  • Gold ETFs: These are funds designed to follow the spot price of gold. It doesn't mean you own anything physically, and isn't an effective hedge against total system collapse (but can be a good investment vehicle for some).

Tips For Buying Gold In Illinois

Invest On A Long Time Horizon

When investing in any asset, including gold, it's important to keep the time horizon in mind. Prices fluctuate, and over a longer time horizon there's a better chance of your investment appreciating in value.


The last thing anyone would want is to invest money they'll need in the coming months, only to have the market move against them. Talk to your financial adviser, and carefully plan any future purchases.

The Swiss Understand Property Rights

The Swiss government is unique, in that it's highly decentralized. They simply don't have the structure that would allow for a central authority to come in and confiscate property.


Because of this, they've long been considered a safe haven for metals like gold, and the reason we recommend considering sending some there once you've accumulated a large amount.

Know And Comply With The Law

It's important to comply with the law when it comes to buying gold, and knowing what they are goes a long way.


Under a certain dollar amount, there's no need to declare (which may be attractive to some), but once you hit a threshold you will need to (and should) declare your holdings.

Stick To Physical Gold Coins, Bullion, and Jewelry

Gold owned through a commodities exchange, or "on paper" is no substitute for physical bars, coins, or jewelry. Exchanges are heavily leveraged, which means if everyone tried to "cash out" at once, there isn't enough physical metal to go around.


Moreover, precious metals are typically meant as a hedge against the complete collapse of the traditional banking infrastructure. If you wind up needing it, you'll want to have it close at hand!