Paying top dollar

for your diamonds since 1980

    Contact Us Today

    Do You Have A Valuable Guitar?

    Posted on October 5th, 2016 by Joe G

    Does your closet , basement or attic hold the key for riches for you? Do you have guitars and other items from a band from the ‘60’s and ’70’s that you were a member of or that your spouse or child played? When the time comes and you are ready to sell guitars in Chicago it is important that you understand that Chicago Gold Gallery will evaluate and buy your guitar or guitar collection along with amplifiers and other musical effects.

    Look around your home for that old guitar your spouse used to play that is somewhere collecting dust; ask your relatives where that old guitar is that they used to play in the high school band.Our on staff collector buyer with over 50 years of guitar collecting experience will determine the value when you sell guitars and guitar amplifiers and any effects that go with them.

    The following factors are important factors that will determine the value of your guitar:


    • Condition: A mint-condition guitar that looks like it did the day it was purchased in the 1950’s, ’60’s or ’70’s. it would be flawless and devoid of any chips, scratches and be in the same original condition including the original case and parts , tags and paperwork associated with the purchase or from the factory or retailer and will earn you the most money. Any modifications or repairs to the guitar like added paint, removal of original parts, cracks, chips etc. reduce the value, but we can determine exactly how much depending on what was modified. Bring your guitar in and we will inspect it and will be able to see issues like if the neck warped or twisted, if the frets are worn? Are there separating glue joints or cracks in the top due to being left in extreme temperature conditions? Even if your guitar exhibits any of these issues it still can and will be worth a lot of money despite that so bring them in when you find them and ready to sell guitars in Chicago.
    • Rarity: Condition and rarity of a guitar often go hand-in-hand. Certain prized tonewoods such as Brazilian rosewood are no longer used to build guitars, and have an endangered status due to their scarcity and laws protecting the forests where they originate from. The same ecological reasons holds true for tortoiseshell, ebony, and ivory that was used in the construction of these older guitars. Their presence signifies a quality instrument and will greatly impact the value of your guitar to your benefit.
      Provenance & Memorabilia: Guitars that have been owned by notable players or those having other historic
      interest will bring in higher prices. If your guitar is notable memorabilia make sure to bring the provenance to the guitar buyer in Chicago at Chicago Gold Galley.
    • Age: Older guitars will generally command a greater value than a newer one, electric guitars made by Gibson, Fender, Gretsch, Rickenabacker ,Guild, in the “Golden Years” from the 1950’s up until the late 1960’s are the most valuable however, there
      are many model-specific exceptions. Chicago Gold Gallery’s guitar buyer has the most current market knowledge with years of experience of all models that will explain how certain eras of age affects the price of your guitar. Even the once lower price guitars from department stores and catalog stores like Sears and Montgomery Ward now have collectible value.


    Selling Guitars Chicago
    After looking around your home, reaching out to relatives and friends and finding that old guitar , bring your guitar to the experts at Chicago Gold Gallery for a free appraisal. Here at Chicago Gold Gallery we buy have been buying and selling guitars, banjos, mandolins, ukuleles and other musical instruments along with the amplifiers and effects since the mid-1960’s. We have the knowledge and experience to help you get the highest value when you sell your guitar because we are collectors ourselves. Call us today at (773) 338-7787 to learn more about selling guitars
    in Chicago.

    ← Back

    Customer Testimonial

    Had a Great Experience

    I have dealt in coins and metals since the 80s. Had dealings with many dealers. Got scammed by a few. Chicago Gold is the only one I would recommend to my family or friends. Have your valuables appraised by them before you sell.

    Date: 05/12/2022 • 5 / 5 stars ★★★★★

    Awesome place!

    What a super knowledgeable gemologist. After all that experience also they are soooo willing to help and answer all the questions I had. Excellent experience. They went above and beyond for me. Highly recommended. Super trustworthy.

    Date: 01/20/2022 • 5 / 5 stars ★★★★★

    I'll be back

    Cashed in some silver coins and received a very fair exchange. Joe and Chris, were very friendly, and comfortable to deal with. Came back with some jewelry, and received a rough appraisal...again no pressure.

    Date: 11/15/2021 • 5 / 5 stars ★★★★★

    I would do business with them again

    I found the Chicago Gold Gallery to be a very honest and reputable shop. I would highly recommend this store to anyone buying and selling their possessions.

    Date: 05/01/2021 • 5 / 5 stars ★★★★★

    How to Reach Us?

    Get Directions

    Contact Us

    Get the most for your valuables.

    1236 W. Devon Avenue
    Chicago, IL 60660

    Phone: 773-338-7787 Email:

    Hours: Mon- Fri: 10:15am-6pm, & Sat: 10:15am-5:00pm

    Especially Wanted

    • Gold & Silver Coins
    • Bullion Gold, Silver, & Platinum
    • Scrap & Old Gold
    • Sterling Silverware
    • Dental Gold
    • Coins & Coin Collections
    • Franklin Mint
    • Collectibles
    • Rare Coins
    • Antique & Modern Jewelry
    • Diamonds
    • Watches - Rolex, Patek Philippe
    • Broken Jewelry
    • Tiffany & Company - Cartier
    • Vintage & Modern Guitars