PGS Gold & Coin buys all types of precious metals including palladium and rhodium. We are scrap gold buyers paying the highest prices in cash when you are selling scrap gold, silver, platinum, palladium, and rhodium. As premier bullion buyers, bullion sellers, we are the best place to buy bullion and sell bullion precious metals of all kinds. Our bullion inventory includes bullion coins, bullion bars from the US Mint, other government mints of the world, and generic refiners.

We buy precious metals, from gold sellers, silver bullion dealers, and private individuals. Our competitive buyback prices on the market are the best bullion prices you’ll find in Chicagoland & the Midwest region. PGS Gold & Coin trusted bullion buyers are committed to precious metal investors and collectors, serving bullion buyers and bullion sellers at our multiple retail coin shop locations throughout Chicagoland.

The Different Types & Forms of Bullion

Bullion refers to a precious metal like gold, silver, platinum, palladium, and rhodium in bulk form that is valued by its weight in either troy ounce or grams. Bullion comes in different forms, there are bullion coins, bars, ingots, and rounds. People buy precious metals because they are a permanent asset and a sound long term investment as values tend to increase over time. The smaller the weight, the more costly the bullion is to produce, resulting in a higher premium for smaller denomination bullion. Whenever prices are low, smart investors buy larger quantities of precious metal bullion.

When you don’t have a lot of extra money and you still want to make a sound investment investing in a precious metal, silver is a good choice. As a scarce commodity with a wide range of uses, the value of silver will never go to zero. With a history of silver being used as money going back thousands of years, there will always be a liquid market for silver coins regardless of what dollar price they may command in the future.

Platinum is considered an industrial metal. The automotive industry utilizes platinum in automotive catalysts to minimize the harmful effects of emissions. After the auto industry, jewelry accounts for the majority of platinum demand. Platinum is also used by the petroleum and chemical refining industries, in addition to the computer industry. Platinum mines are heavily concentrated in South Africa and Russia exclusively.

Like gold and silver, platinum is traded around the clock on global commodity markets. Platinum tends to fetch a higher price than gold during routine periods of market and political stability simply because it is much rarer than gold.

PLATINUM BULLION COINS,
PLATINUM BARS, PLATINUM INGOTS,
PLATINUM ROUNDS

Palladium is a highly rare precious metal with even smaller above-ground physical supplies than silver, gold, and platinum. Like platinum, palladium is a lustrous, silver-white metal. It has many of the same applications. The largest application is in automobile catalytic converters, with smaller uses in jewelry, dentistry, surgical instruments, and electronics. Palladium investing is a relatively new phenomenon when compared to the history of silver or gold. Palladium is a great way to diversify a bullion holding.

PALLADIUM BULLION COINS, PALLADIUM BULLION
BARS/INGOTS & ROUNDS

Rhodium is a more volatile investment than other precious metals. However, Rhodium investing can be extremely rewarding for precious metals investors if they buy and sell Rhodium at the right time. Due to its scarcity, Rhodium prices have been as high as $10,000 / Oz within the last 20 years, but are susceptible to large fluctuations in price.