Los Angeles is full of amazing opportunities to see, learn about and trade art. From museums and galleries to specialist art shops dotted around neighbourhoods all over the city, you won’t be short of choice here.
But there’s another option altogether – one that can allow you to extract value from your expensive and rare art without having to part with it altogether.
In this piece, we’ll take a look at how Pawnbrokers Rodeo Drive can provide you with an immediate cash flow while also letting you keep your precious goods in the long term.
How our process works
Perhaps you need urgent funds to continue a major home renovation, or perhaps you’re searching for extra cash to tide your business’ costs over for a few months until new clients come in.
Whatever your reason for needing an injection of cash, we’re here to help. By allowing you to temporarily release control of your rare art in exchange for a loan, you can enjoy the best of both worlds: an injection of cash, while also retaining your item in the long term provided your loan is paid off.
One of the major advantages of pawning with Pawnbrokers Rodeo Drive is that we can offer almost instant valuations – free of charge! You won’t find this at many Los Angeles art trading sites, so we’re unusual in the local market.
Your first step should be to fill out an online inquiry form, following which we will be able to carry out your complimentary appraisal. After this, we’ll be able to issue you an estimate of how much cash we will be able to loan you based on the value of the piece you’re pawning.
If an online enquiry does not suit your needs, you can also receive a verbal estimate over the phone by calling the Pawnbrokers Rodeo Drive office on 424-335-0650.
And if you’re located near our offices, you can arrange a visit in advance and come along in person. We’re located at 9615 Brighton Way, Suite 210, Beverly Hills, CA 90210. Please note that we only accept visits scheduled in advance.
Our valuations are based on a huge range of factors, and in a field like this, no two items are the same. Remember: we will consider issuing loans against all works of fine art, so there’s nothing to lose by getting in touch to find out more.
For those who are looking to sell their fine art outright, meanwhile, we also buy pieces of art as well as offering loans. Please let us know if you’re interested in this.
How our loans work
We’re proud to offer lots of flexibility when it comes to your loan and paying it off. That’s why we’re happy to allow you to pay back the loan at any time no matter where in the contract you are – so if your extra cash comes through earlier, you can get your art back more quickly.
What’s more, we also offer contract renewal and extensions once the contract has expired. In order to make the most of this, you just need to ensure that you have paid off all of the interest accrued over the course of the original term.
That way, you can enjoy a flexible loan and build your repayments around your personal financial circumstances, even if they change in the future.
What else can I secure my loan against?
Not everyone has an extensive art collection, and we are fully aware that you may choose to collect other precious items too.
If you have a collection of antiques, meanwhile, we’ll be able to free up some cash for you by offering you a loan secured against these items. We also have more than 25 years’ worth of experience in the antiques industry, so we know what we’re doing!
In terms of valuation amounts, we’ll take into account a variety of aspects before reaching a decision – including the quality of the item and how rare it is. Just get in touch with us to find out more.
Are you a buyer?
Sometimes, our clients are unable to pay back the loans we give them, and following this the artwork against which their loans were secured go on to the market.
This means that we have several pieces of rare and beautiful art work available to buy at any one time, as well as a variety of other luxury goods.
If you’re interested in perusing our current stocks, please get in touch with us today and we will be able to make arrangements for you to see what we have on offer.