Quick estimates have been used in construction, car repairs, and the service industry for a long time. With the growth and expansion of internet services, pawnshops are now able to give customers a quick estimate via the web or through text. This service has helped make pawnshops more approachable and convenient.
Some pawnshops offer an estimate quote by simply sending in a good quality description and several photos. The knowledgeable pawnbroker will look at the item, compare it to current market value, and make you an offer for a collateral loan to borrow the money you need. If you have fine jewelry, diamond jewelry, gold jewelry, scrap gold, luxury handbags, or musical instruments, you may just be sitting on the cash you need.
With just a click of a button, you will have a good idea, hassle-free, how much money you can get for your item. If you are looking to sell your item the pawnshop will get you the best value for your item.
Is the Estimate Accurate?
Pawnshops who have a quick value estimation service use knowledgeable professionals to get you the highest price possible for your valuable items. After you send in a description and a few quality pictures of your luxury Rolex watch, for instance, the team at the shop will compare the Rolex watch to the current market value. They will consider the facts you put in the description as well. Although the estimated offer amount is not a complete guarantee of the amount they can buy or process a loan on for your watch, it is very close.
Once the item is brought into the store, the team will look at the item and get you the most money they can. The process in most shops is transparent and upfront.
Quick estimator services are an innovation in the pawn industry and was designed with the busy needs of clients in mind. Clients can access the service from their phones or computers and have an estimate ready without needing to visit the shop until they are ready to sell or pawn their loose diamonds, luxury watch, or gold jewelry.
Having gained popularity in recent years, pawning gold is one of the fastest ways for clients to receive an instant cash payment. Pawn shop employees undergo training to accurately evaluate jewelry based on its quality, fineness, and value, which makes pawning a more reliable option than selling online. Since gold stays in fashion and holds its value, clients can be assured that their gold jewelry, bars, and coins will sell for a fair price.
Clients are given the option of sending in a full and accurate description of their item directly through the website along with sending a picture to the shop’s email address. All quotes are free of charge and completely confidential. If the client has a diamond certificate from a gemological institute or a certificate of authenticity they can scan and send these along too. This will help in estimating the true value of the item.
What Items Do Pawn Shops Take?
Pawn shops are in the market for valuable items. They purchase and loan on gold, fine art, loose diamonds, diamond jewelry, gold jewelry, estate jewelry, silver jewelry, Rolex watches and other name brand watch brands, luxury handbags, musical instruments, electronics, and tools. Some shops only take certain items so remember to call ahead.
When you find that you need to borrow money to tide you over between paydays or help during an unexpected emergency, a pawn loan may be right for you. Collateral loans have minimum repayment periods that can be extended if the interest is paid in full. All collateral loans have a minimum repayment period and there are terms for the pawn loan. Interest rates are disclosed up front.
A convenient alternative provided by pawn shops is they do not require a credit check when you borrow money. A poor credit score or credit history is not a problem and won’t affect the loan value. Pawn shops consider the value of the item you are pawning and the loan period is set up accordingly.
Western Loan & Jewelry
At Western Loan & Jewelry we are located conveniently in East LA, California, and service the neighboring communities of Monterey Park, Bell Gardens, and Montebello. We have a Quick Estimator service that is innovative and easy to use. We designed it for the busy customer who doesn’t have time to come into the shop.
By simply having access to a phone or computer, you can send in a description and photos and we will get you an estimate.
Pawning and selling gold is one of the fastest ways for our customers to get an instant cash payment but we take other items too. We take gold jewelry, luxury watches like Roles and Patek Philippe, luxury purses, and more. Give us a call.
Our pawn brokers undergo extensive training so they can accurately evaluate jewelry based on its quality, fineness, and value, which makes pawning with us a more reliable option than selling online. Since gold stays in fashion and holds its value, clients can be assured that their gold jewelry, bars, and coins will sell for a fair price or ensure top value when used for a collateral loan.
To access the Quick Estimator option, you can simply log onto the Western Loan & Jewelry website and navigate to the “Get A Quote” section. Clients are given the option of sending a description of their item directly through the website or sending a picture to the shop’s email address. All quotes are free of charge and completely confidential.
In addition to gold and other jewelry, we also purchase, sell, and trade designer handbags and luxury watches. If you are interested in selling these items you are offered the same unbiased estimation and can expect to receive a fair offer for your items.
Do pawn shops do collateral loans?
Pawn shops provide collateral loans at very minimal rates. They provide short loan solutions as well as loans. Pawn stores can facilitate such arrangements when the consumer provides collateral in personal ownership, significantly reducing risks for the borrower.
The Quick Estimator service can also be used to evaluate any handbag or watch.
A spokesperson for the company said: “When you come into Western Loan & Jewelry, you will be greeted by a professional and friendly team that is prepared to help serve your needs. We can assist you whether you are looking to sell, put up items as collateral for a loan, or buy new or previously used items at an affordable price.”