Nicknamed the "Forest City" since 1848, the city is located on the banks of the Rock River and covers an area of 64.5 square miles. Rockford is the governmental seat of Winnebago County. The city derives its name from the 299-mile-long Rock River, a tributary of the Mississippi.
Its position on the Rock River contributed to the industrial development that occurred there in the second half of the 19th century. The city was acclaimed for its output of heavy machinery and tools. In the twentieth century, Swedish cooperatives made Rockford into a large furniture manufacturing hub.
Rockford began as two settlements on either side of the Rock River, with Kentville on the west side However, after a while, both villages went by the name of “Midway”, since the Rock River was equidistant from Lake Michigan and the Mississippi River. In 1837, the village of Midway was renamed Rockford, after a rocky river ford across the Rock River.
Sales Tax on Gold and Silver in Rockford
Generally, there is no sales tax in the state of Illinois on sales of precious metals, including legal tender, medallions, and bullion. However, South African Krugerrands are still subject to sales tax and in Rockford, sales taxes are as follows: State tax of 6.25%; Winnebago County tax of 1% and a Special tax that varies between 0-1%.
Local Gold and Silver Coin Dealers in Rockford
AAA Coin Investments Inc.
AAA Coin Investments is a U.S. Mint authorized dealer that buys and sells rare U.S. and world coins, paper currency, gold and silver coins, and other collectibles. They are known for tracking down elusive rare coins, as well as sharing numismatic knowledge with new collectors. AAA also offers a variety of popular gold and silver bullion products, from American Eagle silver coins to gold bars from renowned mints, for investment purposes.
3600 E. State St. Suite 213
Rockford, IL 61108
American Gold Buyers
American Gold Buyers is a Rockford based shop in Illinois for all things gold, silver, bullion coins, and watches.
7817 N 2nd St
Machesney Park, IL 61115
Belvidere Collectible Coins
Belvidere Collectible Coins is your full-service jewelry and coin dealer. Belvidere specializes in selling silver and gold bullion coins and coin supplies for the collector and the investor.
880 Belvidere Rd
Belvidere, IL 61008
Bobby’s On Broadway
Bobby's On Broadway is where you want to go for the best deals in town. For buying and selling gold, silver, and platinum, you want to visit Bobby's. Bobby's collection of precious metals and coins is sure to satisfy any collector.
Rockford, IL 61104
Don’s Coins and Collectibles
Don’s Coins and Collectibles carries both numismatic collectibles and precious metal bullion. They buy and sell U.S. gold coins, paper currency, silver dollars, proof, and mint sets, 1 oz silver bars, American Eagles, South African Krugerrands, rare U.S. coins, and much more. They also deal in collectibles, such as comic books.
100 W Main St
Rockton, IL 61072
Jennings Cards & Coins
Located in Northern Illinois, Jennings Cards & Coin buys, sells, trades, and appraises your valuables. Jennings specializes in coins, paper money, gold, silver, stamps, and more. Visit either of their locations in Rockford or Freeport today.
214 W Main St
Freeport, IL 61032
L & B Coins and Collectibles
L & B Coins and Collectibles has thousands of coins in stock, in addition to jewelry and unique antiques. Founded as a jewelry shop, they have more than 30 years of experience serving Rockford residents and are known for one of the largest estate jewelry collections in northern Illinois. L & B Coins has dealt in collectible coins for more than two decades.
Their coin selection includes all U.S. Mint products, such as proof and mint sets, silver American Eagles, National Park quarters, and paper currency. They also buy and sell gold and silver bullion in the form of bars, rounds, and coins. L & B Coins and Collectibles also stocks a complete line of collecting supplies.
462 Gardner St.
South Beloit, IL 61080
Rockford Coin and Stamp Co.Rockford Coin & Stamp Co., also known as Jennings Family Business, has two locations in Illinois, one in Rockford and one in Freeport. They are a U.S. Mint authorized dealer and buy, sell, trade, and appraise all collectible coins, gold, silver, stamps, sports cards, and postcards.
They offer a full range of investment-grade bullion such as American Eagles, Canadian Maple Leafs, and South African Krugerrands, in gold and silver, 1 oz and fractional sizes. They carry silver bars from 1 oz, and 90% silver pre-1965 U.S. coins. Their Rockford coin shop also stocks numismatic collectibles, both U.S. and foreign. Jennings Family Business is also active on eBay.
4403 Center Terrace
Rockford, IL 61108
Thanks for reading our guide to buying gold and silver bullion and coins in Rockford, IL. If you know of any other coin or bullion shops in the city of Rockford, please contact us at Metals.com so we can update our directory.