Pawn Jewelry Phoenix
At West Valley Pawn and Gold, you can pawn jewelry for fast cash. From gold to silver to diamond jewelry, our fast cash loans can take you from zero to hundred dollars in mere minutes. The beauty in pawning jewelry is that the process can take as little as two minutes without having to give up possession of more important items. IF you’re in Phoenix, Avondale, or Goodyear, we’re the one stop shop for jewelry loans.
Getting A Jewelry Loan
Like we said above, you simply come and visit West Valley Pawn and Gold. There’s no appointments necessary, and nothing really necessary to bring when you visit. As far as getting the loan, one of our lovely associates will take your jewelry and began the inspection. What they’ll be looking for is a stamp that indicates the purity of the gold or silver. It’s hidden by jewelers pretty well and is normally found on the clasp of necklaces and bracelets, or on the inside of a ring. For silver this typically is not important as the value doesn’t vary too much, but on gold jewelry the purity can swing from 40% to 80% depending on this stamp meaning it’s the most important factor in determining its value. Once we’ve located this, we’ll test it for actual purity.
The test we perform on gold jewelry is known as an acid test. There’s different acids for different purities allowing us to accurately isolate its exact purity letting us give you the most cash. We do this by collecting a few flakes from the jewelry (which poses no damage whatsoever to the piece) and we look for a reaction from the acid. No reaction is good as that means it’s verified at that purity.
Our last step will be to weigh it as all of our prices are per gram. We multiply it by the weight, and we’ve got a cash value for your gold or silver jewelry. We’ll make a cash offer, and when you accept, you’ll be done pawning your jewelry. We collect a few signatures from you and your jewelry gets stored in our safe, secure vault throughout the duration of the loan.
Repaying Your Jewelry Loan
Repayment is quick and simple, and there’s no real conditions to it. If you want to come and pick up your jewelry the very next day, there’s absolutely no penalty for it. All you’ll have to pay is the accrued interest up to that point. If that’s not what you’re looking for, you’re more than welcome to pay come the end of the term.
By law, each of our pawn loans is written out for a period of 90 days. Come the end of this term, you can pay the principal and interest or if you’re not ready to pay off the loan, you can simply pay off the interest up to that point and we’re more than happy to extend the loan for another period of 90 days. In Phoenix, Avondale, and Goodyear, you always have options when pawning your jewelry. Our goal is to help you reach financial security, not push you further away from it.