Our pawn shop on Santa Monica Blvd allows gold watches to be used as collateral when you apply for a loan. But how much loan you can get when you pawn your gold watch?
It depends on the value of your gold watch. We can offer up to $15,000. Then again, it depends on the appraisal value of your belonging. Our pawnbrokers are knowledgable as they have been in the business for more than five decades.
We offer gold testing with no obligation quote. So you can come in today to have your watch evaluated.
The prices for the watch will have a huge variance as there are different types of watches that people can sell or pawn. Generally, luxury watches will have a greater value than low-end watches. When you pay a Rolex watch, you can get a loan of more than $2,800, for example.
But there are ways to pawn or sell your watch to get the highest value. The key here is in the preparation process.
It is vital to understand that the transaction involves human beings. The other end of the transaction is a person who will evaluate your belonging, i.e. your gold watch. Aesthetics is one of the things that the appraiser will take into account.
The good thing is that you have a significant degree of control when it comes to aesthetics.
Make Sure That It is Clean
Our pawn shop on Santa Monica Blvd will buy your gold watch only if it is in good condition. But our appraiser will also consider the cleanliness of your watch.
Before you hand it to our assessor, you must imagine yourself as the buyer of the watch. If you pawn or sell a watch that is dirty with residue all over the head, then it could be a sign that you did not take care of it. It means that the watch does not work. As a result, it deserves a lower value.
Thus, if you wish to obtain a higher value for your watch, make sure that you clean it before bringing it to our pawn shop on Santa Monica Blvd.
When you clean your watch, do not use abrasive cleaning agents. Use the paper towel and warm water to wipe the dirt off the watch.
Never use stiff brush bristles as it can only cause scratches. If it has a leather brand, you must only use a leather cleaner.
You may also have your watch cleaned by a local jeweler. It is all worth it in the end as it may receive a higher appraisal.
Box It Properly
If you wish to get the most money for your watch, make sure that you box it properly. In this case, find its original box. If you cannot find it, you should at least locate its manual that came with the watch.
Presenting the warranty on your watch will make your watch more legitimate. Our appraiser will feel more confident to buy and sell it to another customer.
If you are looking for a pawn shop on Santa Monica Blvd that offers higher value for your gold watch, make sure to visit us at Diamond Jewelry and Loan Pawn Shop or call (323) 400-6480.