How to Get the Best Price when Pawning your Jewelry in 2019 !

Deciding to pawn jewellery can bring huge financial benefits. However, the world of pawnbroking can feel like a confusing space and you may be wondering where to begin to free up some capital from those items hidden away in your home. Here at Pawnbrokers of Rodeo Drive, we offer a luxury pawnbroking service dealing in the highest quality jewellery and diamonds.

Choosing the right pawnbroker

Pawnbrokers of Rodeo Drive offers a highly confidential and secure service to those wishing to explore the income that could be gained from the jewellery hidden away in jewellery boxes in their home. Whether a single piece or a collection, we can work with you. Offering immediate loans on luxury items, Pawnbrokers of Rodeo Drive accept jewellery, watches, cars and other luxury items such as art, making us a specialist in the field. With loans received quickly and all information kept entirely confidential, this is a quick, easy and stress-free way to solve those financial niggles.

We offer pawnbroking and auction services for the best jewellery in the world including princess cut diamonds, Harry Winston, Cartier and Tiffany. If you chose to entrust your family heirlooms to Pawnbrokers of Rodeo Drive, they will be treated with the respect they deserve.

Once you have decided you are ready to pawn some of your jewellery, there are some simple steps you can take to make sure that you are truly getting the best price possible.

After all, the Pink Star Diamond which sold for over $70 million dollars in 2017 was auctioned in just the right way to get the right price!

Here are our six top tips on getting the best price when pawning your jewellery:

1. Establish what the piece really is

No piece is ever just a pair of earrings or a necklace. Establish whether the piece is fine jewellery and how it was made. Was it made by a well-known jeweller, such as Cartier? These highly sought-after pieces can gain a considerably higher price, so it’s important to establish all of the finer details about each piece of jewellery you wish to pawn. A knowledge of cuts, clarity and metals will help you to assess what the piece really is. You don’t need to know all the details – the experts can help with that – but it can be good to have an idea of what the piece is so you know how much capital you can realistically expect to gain.

2. Care for your jewellery

Making sure precious items are well cared for will help you to achieve the best possible price. Storing pieces in suitable boxes and cleaning gently and carefully before taking the item to be valued will give your jewellery the best chance of getting a high price. Research the best way to care for specialist items and always use a professional to clean fine jewellery.

3. Consult an expert

Jewellery is a specialist field and it’s always best to turn to a trusted advisor to discover the true potential of your prized possessions. It’s best to do your research and find the specialist who’s right for you. Pawnbrokers of Rodeo Drive has over 25 years of experience and offers specialist knowledge on a wide variety of luxury items with a quick, confidential service. Aiming to bring this ancient trade into the 21st century, we are a fantastic place to turn to for expert advice and to discover the true worth of your valued possessions.

4. Prioritise your pieces

Before agreeing to a loan, consider prioritising your collection. Which pieces would you like to pawn first? Try to be strategic about this: holding on to some higher value pieces or only pawning one more valuable piece may be the best way to manage your finances. Once you have the knowledge of an expert, you can consider which pieces to pawn and which to keep back for later. Jewellery often has very strong emotional attachments, so consider which pieces you don’t want to be parted from, even temporarily. For example, a piece from an ex-partner could be easier to pawn than an inherited family heirloom. Taking time to consider your collection before pawning will mean you make the right decision for you.

5. Only pawn with a trusted pawnbrokers

Unfortunately, there are some pawnbroker businesses which don’t respect the client and can offer unfair prices or even tamper with jewellery. Make sure you choose a trusted, professional pawnbrokers to take your fine jewellery. Pawnbrokers of Rodeo Drive is a truly professional service with a strong knowledge of fine jewellery and offers a friendly and confidential service to all of its clients.

6. Don’t be afraid to negotiate

Professional pawnbrokers care about their customers and will be willing to discuss the item’s worth and come up with a price that you are both happy with. Although it’s good to be open-minded, you can discuss and negotiate the worth of the item as part of the pawning process.

What to expect when you go to a pawnbroker

Going to the pawnbrokers for the first time can be stressful, but with the help of our trusted experts, we can help you feel at home. Pawnbrokers of Rodeo Drive even offer an online service where you can fill in a quick form and be contacted quickly with an offer. In store, staff are friendly, knowledgeable and offer fantastic service.

The single best way to get the price you want from pawning jewellery is to pick your pawnbrokers carefully. An expert in fine jewellery will understand the true value of your pieces and offer you a fair price and terms. Talking to a true expert in the field will not only help you to reach the best price possible, but you are bound to feel more comfortable leaving high-value items in their care.

Whether you are simply feeling the pinch or wish to invest in special experiences such as an upcoming family wedding, a trip of a lifetime or boosting your child’s college fund, pawning the items you already have lying around your home is a quick and easy way to free up some capital and live the lifestyle you want. Items sitting at home have no real value until you speak to an expert and discover just how much could be gained from pawning them. This way you make the most of the capital available with the opportunity to get back your precious items.

For a luxurious and professional pawnbroking experience and to get the best price possible for your jewellery, contact Pawnbrokers of Rodeo Drive now.

If you are looking to Sell Your Diamonds or Jewelry then we will also buy your pieces! Read more about the type of diamonds and some of the few brands we buy or loan against HERE, visit our loans on fine jewelry webpage, our loans on diamonds page or our antiques and collectibles webpage.