PAWN TIPS - From Calaveras Coin & Pawn
- Keep in mind: pawnshops are often a great place to pick up bargains on unredeemed goods. If you don't mind used jewelry, video games and movies, it is hard to beat the prices at pawnshops.
- Establish a relationship with a pawnbroker. If he knows you take care of your property, pick up your loans on time, and are generally in a good mood, he may be more generous with his loans. If you take him broken, dirty items, fake jewelry, and try to hurry him, he will not see you as a valuable customer. The pawnbroker has to test everything that comes into his shop. Pawnshops are not repair shops and broken items have little or no value.
- Even if you default on something, it is still OK to do business with that pawnbroker.
- Pawnbrokers have to consider that you may not come back to get the item. You may leave town, win the lottery, have other obligations and will default (don't pay on time)on the item. This uncertainty forces him to hold down the amount he loans on items in the event he has to resell it to recoup his investment. Most people return to redeem their pawned items, but if you look around his store, you will see that most of the things he has for sale are things people promised to come back to redeem but failed to do so.
- If you have an unusual item or collectible, it may be helpful to have a manual and maybe something that would indicate its value such as a certificate of authenticity or original invoice.
- Sometimes if you are unable to redeem the item by the due date, you may be able to extend the loan by paying the interest.
Is Mailing Your Gold Away A Good Idea?
The scoop: Seductive advertising
and the lure of easy money have drawn in thousands of eager sellers. You
mail in your gold and they mail you back a check.
The benefit:
It's easy -- they send a prepaid envelope, you drop in the gold, and
they mail a check.
The drawbacks:
You pay a price for convenience. Consumer Reports found that mail-in
companies offered between 11 percent and 29 percent of the meltdown
value of the gold.
The bottom line:
Understand the trade-offs you're making, says Paul Montgomery,
president of the Professional Numismatists Guild. "The guys on TV are
providing a service, but they've got a very, very high expense rate.
They're spending literally millions on advertising -- and that's (part
of the reason) you might get just 20 or 25 cents on the dollar."
What Should You Do? - Visit Calaveras Coin & Pawn for a free competitive quote on your gold.
(209)736-COIN
Sell Old Gold For Cash
First,
you'll get a portion of the scrap value, not the market value, for your
gold. Buyers melt the gold down, so they will not pay anything for the
artisanship or style of the jewelry. Second, dealers must pay a smelter,
someone who melts the gold, up to 30 percent of the value to refine the
precious metal. Then there's the buyer's profit.
Also, remember,
some gold items are purer -- and more valuable -- than others are. Pure
gold is considered 24 karat, or 24k. Think of it as a 24-slice pie --
each slice a single karat. Therefore, a necklace that has an ounce of
10k gold has less than half the gold of a necklace with an ounce of 24k
gold.
2013 BU Silver American Eagle Dollar Uncirculated ASE US Mint Bullion Coin
2013 BU Silver American Eagle Dollar Uncirculated ASE US Mint Bullion Coin...
Available NOW for a limited time until the Mint Runs Out Again!
Reserve Yours Now Buy Stopping In
1283 S Main St. Angels Camp, CA 9522
Easy Parking in Lot Available!
Easy Parking in Lot Available!
Things We BUY & Give PAWN Loans on Everyday!
Silver Items, Scrap Silver, Gold Coins & Bars, Gold Nuggets, Platinum Jewelry, Silver Tea Set, Assorted Jewelry, Gold Jewelry Sliver Coins, Gold Watches, Dental Gold and Silver Flatware!
(209)677-PAWN
Get Your 2013 Silver Eagles At Calaveras Coins (Fresh From The Mint)!
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