Getting The Most Out of Unwanted Jewelry Through Pawning

Posted by:Alan Cox Posted on:Nov 27,2017

PawnOne of the most underused, and often neglected items that are in people’s homes is jewelry. What once was an amazing fit, a shimmering piece, or a conversation starter may now just be collecting dust. In fact, there are a lot of different precious metals that are sitting in garages, in storage, and in closets right now.


They are sitting and collecting dust, not helping anyone at all. You may have these items in your home, and may not even know it. It’s best to look, and perhaps even sell them through a reputable resource.


Looking online for MajorPawn, for instance, can open up some doors, and ensure that you’re getting a helping hand in terms of finances. There are a few things that you should consider in order to get the most out of your unwanted jewelry, especially if you aren’t sure if your items will be accepted.


Gold Plating Is Still Valuable

If you have items that are gold plated, and are of high grade (24K for instance), you may still get a decent price for them. This all depends on what the items are, and what the level of plating may be. You may have to get items appraised by a shop before you are given a full price, but you can definitely succeed in selling items of this nature. Gold plating has a lot of variables to it, including a variety of gold types, and levels. When a pawn shop purchases items that are plated, they’ll assess the weight of the gold material, and then look to see if it’s of value, or not.


Broken Jewelry Is of Great Value

Here’s something that most people don’t realize is true about pawning precious metals, and that’s the fact that broken pieces are valuable. That’s right, you can utilize broken pieces and give them to MajorPawn, and get top dollar. You see, the main reason this works is because the gold and other precious metals found in broken jewelry can still be used. It may need to be melted down and remade into something else, but it can be used. Also, it can be mended or repaired in some cases, making it valuable. The weight of the gold is important here, and that’s going to determine the overall cost and breakdown of the money you will receive.


You Can Get A Loan

Let’s say you don’t want to sell, but you need money. Well with a pawn shop, you can get a short-term loan through the collateral that you get from a gold piece. In some instances, you could get upwards of $1,000 or more based on how much gold you put up. All you have to do is be responsible with the loan that you pull out.


PawnThat means that you have to make the payments that you agreed to do, and you cannot miss them. If you miss a payment, or you don’t comply with the terms of the loan, you will lose your gold pieces, and that’s no fun. You can get a loan, just remember to pay it back.


At the end of the day, there are many reasons why you may want to get rid of old gold, silver, and platinum. But in regards to getting the most, you need to look to see if you have anything broken, or lying around.


You may be surprised by what you find by simply checking out old items that you don’t use any longer. Rings, bracelets, watches, and so much more may come in handy, especially if you want to make quick money, without getting a line of credit. Pawn shops help get you top dollar for gold, simple as that.

Alan Cox

No description.Please update your profile.