Where To Buy Platinum In Mount Prospect, Illinois

Buying Platinum Near Mount Prospect Is Easy As 1...2...3!

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

Local Platinum Dealers

1) Arlington Coin

2.78 Miles Away (847) 577-8117 8 E Northwest Hwy Arlington Heights, IL 60004

2) Alexander Coin & Pawn

2.90 Miles Away (847) 803-0277 650 Graceland Ave Des Plaines, IL 60016

3) Northstar Jewelry & Loan

5.58 Miles Away (815) 513-4990 135 N Milwaukee Ave Wheeling, IL 60090

4) Morton Grove Coins & Collectibles

7.19 Miles Away (847) 967-9200 9241 Waukegan Rd Morton Grove, IL 60053

5) GoldMax

7.20 Miles Away (877) 465-3629 140 E. Golf Rd. Schaumburg, IL 60173

6) Niles Coin Shop

7.32 Miles Away (847) 967-5575 7635 N Milwaukee Ave Niles, IL 60714

7) Convert 2 Cash

7.39 Miles Away (847) 781-0890 1125 N Roselle Rd Hoffman Estates, IL 60169

8) PGS Gold & Coin

7.74 Miles Away (847) 348-6447 830 W NW Hwy Ste 7 Palatine, IL 60067

9) PGS Gold & Coin

8.25 Miles Away (847) 278-7691 900 S Roselle Rd Schaumburg, IL 60193

10) TDC Jewelry

8.93 Miles Away (847) 913-5531 21805 West Field Pkwy Ste 170 Deer Park, IL 60089

Platinum Purchase Formats

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


  • Platinum 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
  • Platinum Jewelry: Investing in jewelry is another option. You'll take craftsmansip, design, and purity into account when valuing these items.
  • Platinum 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.
  • Platinum ETFs: These are funds designed to follow the spot price of platinum. 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 Platinum In Illinois

Invest On A Long Time Horizon

When investing in any asset, including platinum, 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.

Know And Comply With The Law

It's important to comply with the law when it comes to buying platinum, 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.

Don't Buy Platinum On Credit

Buying platinum on credit or speculating on the future price can lead to getting yourself in a significant financial jam.


Instead, put some money to the side that you're sure you're not going to need in a short time horizon, and use that to invest.

Platinum Purchase Format

As a general rule, you should look at buying legal tender platinum coins wherever possible. This will almost certainly include less overhead and premium than other formats, and be closer to the true spot price of platinum.


Purchasing rare platinum coins should be avoided unless you really know what you're doing. Some subjective measures of value are easy to misjudge, and may result in you getting taken advantage of.