Times are tough, and we understand that you might be looking for ways to earn some extra cash. There are lots of ways to earn money, but one of the easiest is to sell the things around your home that you don’t use. Gold and old gold jewelry is one of the many things that you can sell for cash, and the value tends to only go up over time. That means that if you’ve got old gold jewelry lying around, you can sell it for a profit at one of the many Gems N’ Loans locations around Southern California, including our Oceanside location. Here is how you can trade gold for cash:
One of the most seamless ways to trade cash for gold is to sell it outright to a pawn shop. Pawn shops employ experienced, professional jewelers to oversee jewelry transactions in their stores. This means that you’ll be able to have your jewelry appraised and valued at the time of the transaction, making it easier to sell your things outright without worrying that you won’t be getting the most for them.
Selling your gold jewelry to a pawn shop will get you more money for it. When you sell it, as opposed to doing a loan through a pawn shop, you’re selling it for more money under the agreement that you won’t be able to get it back later in case it sells. If you do want the reassurance of knowing that you’ll be able to buy it back, you can pawn the item for a quick cash loan.
When you trade gold as a loan, you may get less than you would if you were to sell it to the pawn shop outright. Trading the gold gives you the freedom to come back and get what you traded later on. The deal comes with a guarantee that it will be there, and you can take the money and use it on what you want. When you set up the deal, you’ll negotiate the price and the terms of the deal with the pawn shop. The pawn shop will then include the terms of the loan on a slip that you’ll have to return when you want to close out the loan and get your item back.