Simi Pawnbrokers

In all likelihood, the gold jewelry you are selling isn’t 24-karat gold, which is pure gold and too soft to be fashioned into jewelry. But it may be 18-karat gold, which is still valuable, as it is 75 percent pure.

The common loan repayment time for a pawned item is 30 to 90 days. However, in some places (like China), pawn customers are permitted a full three years to pay back their loan.

When you’ve been shopping around for a special piece of jewelry without much success, the problem may be that you don’t like what’s currently in fashion. Shopping at a pawn shop can give you access to current and vintage jewelry.

It’s important to remember that we have no control over when we receive new items into our inventory. If you’ve been searching for a particular item without success, you may want to check back regularly to see if anyone has sold us what you need.

Your local pawn shop provides a valuable service. It offers patrons short term loans, sells unclaimed items at attractive prices, and is an employer in the community. Care to guess how many people work in the pawn shop industry nationwide? Nearly 29,000 (28,946).

One of the good reasons to go to a goldsmith or jeweler to sell your gold and jewelry is that he or she is in the business of jewelry. He or she has a reputation to uphold as a jeweler and local businessman, so you can feel better about working with him or her.