Est. 1872 · 300 businesses

Jewelers Row

Chicago, Illinois

One of the oldest jewelry districts in America. Three landmark buildings (Mallers, Wabash, Pittsfield) house 300+ jewelers, including estate buyers, diamond cutters, and gold refiners.

★ Wabash Avenue between Madison and Washington (also called the Mallers Building district)

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Why district buyers pay more

  • Compressed competition. Dozens of buyers within walking distance.
  • Specialist categories. Estate, watch, and diamond experts side by side.
  • Wholesale resale chains. Direct auction circuits = higher buy-side offers.
  • Walk-in appraisals. Free verbal estimates from multiple specialists.

Selling tips for the Jewelers Row

  1. Visit weekday mornings. Buyers have time for full evaluations.
  2. Bring 2–3 pieces. Specialists give detailed offers when focused.
  3. Collect 3 offers minimum. First offers are typically 10–15% below ceiling.
  4. Use district security. Ask for armed escort to your vehicle for $10K+ transports.

Today’s spot prices

Gold
$4,041
Silver
$57.15
Platinum
$1,608
Palladium
$1,271

14K = 58.3% · 18K = 75% · 22K = 91.6% · 24K = 99.9%

30-day metal price trend

How spot prices moved over the last 30 trading days. District buyers' offers tend to track these moves with a 24–48h lag.

30-day trend · 4 metals · refreshed daily
+5%+2%0%-2% Gold -1.4%Silver -4.2%Platinum -2.4%Palladium +4.1%

Typical offer ranges in Chicago

A 1ct certified engagement ring — how different buyer types compare. The Jewelers Row's walk-in competition keeps local offers closer to online specialists than to pawn.

1ct engagement ring · typical cash offer range
Online specialist $2,500 – $4,500insured mail-in, 2–5 daysLocal district buyer $1,500 – $3,000walk-in, 3 offers same dayMall jeweler $500 – $2,000Pawn shop $300 – $700instant cash, lowest offer $0$1.5K$3.0K$4.5K$6.0K

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