About The Gold Depot

The Gold Depot has been serving Northwest Indiana and the Chicagoland area since 2006. We are family owned and operated, and ensure that our customers are always the priority. As precious metal experts and gold buyers, we specialize in the purchase of used and unwanted gold, silver and platinum jewelry, dental gold, coins, gold bars, lab ware, and more. We accept your items in any condition, whether they are pristine or broken. When you sell to us, we pay you top dollar with a cash offer on the spot. We love to beat our competition in higher payouts!

Meet Our Staff

Rich Tomei – President & Senior Numismatist

Bob Tomei – Partner – Griffith Location

Tony Tomei – Partner – Griffith Location

Joshua Dale – Owner – Chesterton Location

Ashley Tomei – VP Human Resources

Matthew Nichols – Store Manager – Crown Point Location

selling jewelry at Gold Depot

Interested in selling your jewelry?

The Gold Depot is a Numismatic Guaranty Corporation® (NGC®) and Paper Money Guaranty® (PMG®) authorized dealer, as well as a member of the American Numismatic Association (ANA). Our specialists are trained with the latest tools and always up-to-date on current market values to help you buy or sell coins and jewelry.

Not looking to sell? We offer many items for sale in our 1200 square foot showroom, including jewelry, coins, watches, antiques, sports memorabilia, and more. Come see us in the heart of Crown Point or Griffith!

Visit or contact us today!


What kind of gold do you accept?

We accept 10k, 14k, 18k, 22k, and 24k items such as rings, bracelets, broken gold, earrings, pendants, dental gold, gold ingots and estate gold jewelry. We also accept silver and platinum items. View more of What We Buy.

Do you buy silver?

Yes, we buy sterling silver, items stamped 925 and silver coins dated pre 1964, silver bullions, silver coins with .999 stamp. We do not buy silver plated items. View more of What We Buy.

Do you buy diamonds?

Yes, we accept diamonds only 1/5ct (.20Pt) or larger. View more of What We Buy.

Do you buy gems?

No, we do not buy gems (Sapphires, Emeralds, Rubies, Opals, Etc.). If the stone is part of a piece of jewelry, we will evaluate price and weight based solely on the gold, platinum or silver content. View more of What We Buy.

Do you buy coins?

Yes, we buy gold coins, gold ingots, silver coins dated pre 1964, and silver .999 coins. View more of What We Buy.

What items do you not buy?

We do not buy Gold plated (H.G.E. stamped) or Gold filled (G.F. stamped) jewelry. View more of What We Buy.

How do I know what carat my gold is?

Jewelry items are usually stamped 10k, 14k, 18k, or 22k. If there is no stamp, we can test the item for you. View our Seller’s Guide for more.

Can I do a preliminary test on my gold?

Yes, take a magnet and run over your items. If anything is solely attracted to the magnet it is not real gold. However, some clasps are metal, so if you are unsure about the piece, let us test it when we evaluate your items. View our Seller’s Guide for more.

What happens to gemstones on rings, bracelets?

These items are often too time-consuming and difficult to remove without damage. We give you a value for your entire lot of items which includes the value of any gems or small diamonds that are part of the jewelry. In our analysis, however, most of these have little or no value and the weight of the item may be discounted by the stone alone.

How long does it take to sell my items?

Selling your items is quick and easy! We will test your items, weigh items on a certified scale, quote you the price value of your items, then pay you cash on the spot. The process takes just minutes and we do it all right in front of you. View our Seller’s Guide for more.

Is there a minimum amount of items required to sell my gold?

No, there is no minimum amount required to sell.

Do I need an appointment to sell my items?

No appointment is necessary. We are able to assist you when you come in during store hours. It takes just minutes to evaluate your items and we will pay you cash on the spot! Visit our showroom.

What if I want to sell my items in private?

We have private desks available for customers who would like to sell their items discreetly. Visit our Showroom.