Pawning Gold Chains VS Selling Gold Chains in Las Vegas

When it comes to design, chains often resemble a cable. Chains that carry gold (or gold chains) are perfect if you want to add luxury to your wardrobe without going over the top. They come in various styles, so jewelry collectors tend to accumulate more than they need. Hence, pawning gold chains have now become one of the fastest ways to earn some money. However, selling gold chains instead can score you better deals than pawning them. You just need to know where to sell gold chains and understand the value of gold chains before doing anything else. 

Pawning Gold Chains

If you want to pawn gold chains for cash, you need to turn in your gold chains at a pawn shop to get a loan. When the pawn dealer decides a price for your items, they loan you the money along with interest, from which they ultimately earn a profit. Once you fail to pay your loan off, the pawn shop gains the ownership of your items and the right to sell your gold chains to someone else.

Moreover, pawn shops don’t always follow strict rules in determining the value of gold chains. They simply assess the object and decide on an offer for their customers. Some would do some tests, but there is no guarantee that they will be accurate. 


Basically, you can determine the base value of a gold chain through its length and width. The longer and thicker a gold chain are, the more space it has for actual precious gold. A brand new simple gold cable chain can range from $120 to $200. A gold chain’s quality, condition, style, and rarity should also influence its value. When you pawn gold chains, these factors are often taken for granted. However, when you sell your gold chains, you can find buyers that take these factors seriously. 

Selling Gold Chains

When you sell your gold chains, you get the chance to decide your selling price. But, of course, you must first find out the value of your gold chains before doing anything else. Pawning gold chains can be a fast solution for financial struggles, but selling them can get you better deals. Selling can be hard, especially since it requires effort, time, research, and good connections to a network of jewelry enthusiasts. But you can skip all these hassles if you bring your items to a place where you can sell gold chains. 

Where to Sell Gold Chains

Today, Nevada Coin Mart is the best place where you can sell gold chains and other gold items like coins and jewelry in Las Vegas. We are home to professional gold chain buyers who have been helping customers earn good cash for over 25 years. Our team uses Thermo Scientific Niton XL2 Series x-ray fluorescence (XRF) analyzers to test metal items. The results we get from our technology help us arrive at an offer that matches the actual value of your gold chains. 

Pawning gold chains can be a good choice if you intend to claim your items back. However, with pawning, you always end up paying for more than you gained. Instead, try selling your gold jewelry to us. Visit our only store at Nevada Coin Mart® 4065 S. Jones Blvd., Las Vegas, NV 89103, or call us at 702-998-4000. You can also email us at [email protected] to talk to our expert buyers. 

Brief History

Chains are basically a type of necklace. Generally, when a chain is made using a certain amount of gold, it becomes a gold chain. Gold chains are usually thicker and heavier in appearance and actual weight than other types of necklaces. A basic cable chain can look a bit industrial, but there is something about having it in gold that makes it appear luxurious and glamorous. Historically, chains date back to at least 2,500 BC, when ancient Egyptian civilizations learned to thread gold and silver. As a fashion trend, heavy gold chains owe much of their popularity today to the rap industry around the 80s. This was when rappers like Run DMC, LL Cool J, and Biggie Smalls constantly wore extravagant gold chains in their music videos and public appearances.