Spring has sprung and love is in the air
Diamond sale are strong this time of the year do to new engagements. Rounds and princess lead the way in the 1-2ct range. This is a great time to sell your diamondsto get top dollar. Supple and demand is the reason why. In another couple months we will be in the summer doldrums and things will get slow. Selling your items now is the smart thing to do or wait for the Xmas season to get here………………..
Archive for the ‘Jewelry Cash Loans’ Category
Cash loans/Pawns on jewelry
Thursday, April 29th, 2010A great alternative to selling your jewelry items is to borrow money against them. When you have a sentimental item that cannot be replaced, why not get a short term loan on it. We have been loaning money for 22 years and will loan you almost as much as I would buy it for. We are not a pawnshop that deals in everything. All I loan money on is jewelry and fine watches. Here is a great article that I found on the net that is interesting reading.
http://hubpages.com/hub/Pawnshop-Loans
Cons
- Appraisals are usually low; a pawnshop loan is typically about 30% – 50% of what a broker expects to receive if he/she has to sell the item. Jewelry is usually appraised at wholesale value, guns at about 60% of blue book value, electrical appliances at only 10% – 30% of their original cost. For example, if you pawn your $6000 diamond ring, the loan you get may be as low as $200.
This where I am different from pawnshops. I have 22 years of selling jewelry in Orlando. I have an established clientele that are always looking for nice watches and diamonds. I have the knowledge to pay you top dollar and I have very competitive rates.
Remember, if you need the money short term, a cash loan can be a lifesaver. But be realistic, if it is going to be 6 months or more before you will have the money to redeem your item then you might just consider selling the items so the interest does not become to much for you to handle.
Please call, email or stop by my store if you have any questions about your items. I also have free appraisal’s on your valuables. http://www.jbjewelersorlando.com/orlando-jewelry-loans/
All the best, JB
