Pawn Silver Jewelry | Why Selling Silver Jewelry is Better in Vegas

Silver jewelry is one of the many things that pawn shops take. In this article, you will learn all about pawning silver, pawn shops that take silver jewelry, and why selling silver jewelry is better.

Pawn Silver Jewelry

Jewelry is one of the most pawned items today. And aside from gold jewelry, silver jewelry is also a popular type of jewelry that pawn shops take as collateral. Silver may not be as valuable as gold, but you can still get a sizeable amount of cash. 

So when you bring in your silver jewelry to a pawn shop, a broker will evaluate it for its value. Afterwhich, a cash amount is negotiated along with the interest and terms of the loan. Once it is negotiated, you will receive the agreed cash amount. You will also get a receipt stating the interest you have to pay back along with the terms—most likely 30 days. 

Pawn Shops That Take Silver Jewelry

Most pawn shops take jewelry as collateral. However, selling your silver jewelry to jewelry buyers is the best option. Pawn shops do not typically buy silver jewelry; if they do, they will not be paying for the full value, which is why selling your silver jewelry is better.

Sell Silver Jewelry

As discussed in the previous sections, selling is the best option rather than pawning your silver jewelry. When you sell your silver jewelry to a jewelry buyer like Nevada Coin Mart, you are getting the best prices in Las Vegas and Henderson, NV. 

This is how the pricing works; when you bring your jewelry to a pawn shop, they will only pay for its precious metal content. If your jewelry has stones, pawn shops will not pay for the value of the stones, even if it is diamond. However, when you sell them to a jewelry buyer, you will get the full value of your jewelry, Nevada Coin Mart pays for the value of silver and the gemstones on your jewelry, and if it is a luxury brand like Tiffany, we will pay for it. So you see, at Nevada Coin Mart, the value of the entire jewelry is taken into consideration, not just the value of the metal.

Bring your silver jewelry and even your silver coins to Nevada Coin Mart and get a free evaluation with absolutely no obligation to sell! For more information about selling silver coins, visit us at Nevada Coin Mart® 4065 S. Jones Blvd Las Vegas, NV 89103, or call us at 702-998-4000.

What is Silver?

Silver is a precious metal with a whitish hue. It is soft but harder than gold. Silver is also malleable and ductile. It is used in many ways, such as a conductor of heat and electricity. It is also used in making coins. However, the most common use of silver we see today is in jewelry.

Reference

https://dgse.com/why-you-should-avoid-pawning-jewelry/