Oakton Coins & Collectibles purchases diamond jewelry, engagement rings, and estate pieces as part of our broader precious metals and coin business. While our primary focus is coins, gold, and silver, we do evaluate diamonds that are set in jewelry we purchase.
Our team examines each piece carefully, considering the diamond’s basic characteristics — including cut, color, clarity, and carat weight — along with its overall condition, shape, and whether the stone has a certification such as GIA. However, it is important to understand that the resale market for loose diamonds has changed significantly in recent years, especially with the rise of lab-created diamonds and shifts in consumer demand.
Because of these changes, most diamond jewelry today is primarily valued for its gold or platinum content, with additional value sometimes assigned to larger or higher-quality natural diamonds. Smaller diamonds and accent stones often have limited resale demand in the secondary market.
If you have diamond rings, estate jewelry, or pieces containing diamonds, you are welcome to bring them in for evaluation. We will examine the jewelry in front of you and explain how the value is determined, including the precious metal content and any additional value the stones may carry.
At Oakton Coins & Collectibles, we strive to make the process clear, straightforward, and transparent. All evaluations are handled discreetly, and any offer will be discussed with you before a transaction takes place.
Whether you are selling a diamond engagement ring, estate jewelry, or other pieces containing diamonds, our goal is to provide a secure and professional experience while helping you understand the current market for your items.
Oakton Coins is conveniently located near I-94 (Kennedy) in downtown Skokie — just minutes from Chicago — and less than two blocks from the Oakton stop on the CTA Yellow Line (Skokie Swift). We regularly work with clients from across the surrounding suburbs and nearby Chicago neighborhoods, including Albany Park, Arlington Heights, Buffalo Grove, Chicago, Deerfield, Des Plaines, Edgewater, Elk Grove Village, Elmhurst, Evanston, Forest Glen, Franklin Park, Glenview, Glencoe, Highland Park, Lake Forest, Lake View, Lincolnshire, Lincolnwood, Morton Grove, Mount Prospect, Mundelein, Niles, Northbrook, Northfield, Palatine, Park Ridge, Portage Park, Rogers Park, Schaumburg, Skokie, Uptown, Vernon Hills, Wheeling, Wilmette, and Winnetka.
