The recession has made it very hard for some people to get bank loans without damaging their credit in the long run. Payday loans online seem like a good option on the surface, but aren’t the best thing to do. According to National Pawnbrokers Association, since the recession began in 2008, cash-for-gold transactions have risen by 35 percent—a huge spike.
At Hilltop, we’re one of the great pawn shops that operates like a high-end jewelry store with the benefits of a premiere pawn shop. We buy gold jewelry at competitive prices so that everyone can benefit from it—from the person who needs the cash for gold, down to the person who purchases the item later on.
Before we buy gold jewelry, we put it through a few tests that ensure the quality is up to standard. As always, we ask your permission to test your item before the authentication process begins. Testing includes a visual inspection using a jeweler’s loupe, weighing the item, sizing (determining the carat weight) any stones, and noting the cut/color/clarity of each – something referred to as the 4 Cs. In addition to this, we test the metal using a special acid that determines the karat of gold. This process does not damage your jewelry, however, it ensures that there are no false readings on your item that may detract from the cash or loan we can give you.
We buy gold jewelry whether it’s a necklace, bracelet, pendant, charm or vintage wedding ring. Regardless, if we see value in the item, we know it has the potential to make its way into someone else’s life in a positive manner. Of course, some pieces of gold jewelry will have diamonds on it, which will make the value higher and need additional testing. If you have any questions about the way we buy gold jewelry, give us a call or pay us a visit. Remember, valuing your item is free.