With gold selling for more than $1,000 an ounce, many Chicago residents are now taking a second look at their old jewelry. They are also searching for trusted gold buyers and finding that obvious choices like jewelry stores are not always the best options. For example, some of the most trusted Gold Dealers in Lincoln Park are pawn shops. Customers know that they can take valuables to experts like Clark Pawners and Jewelers and get fair prices. A pawn business also accepts valuables as collateral for loans and sells a variety of beautiful things.
A Pawn Shop Pays Well for Gold
Clients often sell to pawn stores in order to get the best prices for gold and other valuables. Shops that are also Gold Dealers in Lincoln Park accept designer jewelry, coins and even scrap and broken gold items. They usually weigh clients’ gold items in front of them and offer prices that are in line with current market values. As a result, many pawn shop visitors are surprised to find that their old broken necklaces, earrings, bracelets and rings are hidden treasures. Store appraisers also routinely evaluate inherited items and even entire estates.
Customers Can Also Get Loans
A pawn shop will loan money against valuables in addition to buying them outright. Customers who need quick cash but do not want to part with their things can take them to a pawn shop, where an appraiser will advise how much he can loan against them. Stores make short-term loans ranging from $10 to $10,000 and hold clients’ belongings until debts are paid in full. They do not check credit and pay immediately, with no paperwork except a basic contract.
Pawn Shops Sell Discounted Valuables
Customers often choose pawn shops when they want to sell gold and other items to buy new things. An established store has dozens of high-end items for sale at prices that are far below retail. Their inventory often includes jewelry, diamonds, watches, electronics and musical instruments. Customers can buy things outright or trade for them.
Pawn shops that buy gold are becoming very popular because they offer fair prices and pay cash on the spot. Stores also offer clients the choice to use their items as collateral for loans instead of selling them. In addition, pawn businesses are excellent shopping destinations where clients can buy a variety of quality goods at reasonable prices.