Jewelry Sold at pawn shop

GOLD COAST JEWELRY & PAWN

Fine Jewelry and Collateral Loans

Fine Jewelry, Luxury Watches, and Collateral Loans at our Upscale Pawn Shop. Voted the “Best Pawn Shop on Long Island” by the Long Island Press.

Fine Jewelry, Luxury watches, Collateral Loans at our High End Pawn Shop

Pawn Shop in Lake Success

Jewelry and Diamond Pawn Shop: How It Works

Gold Coast Jewelry and Pawn is a premier pawn store that services all of Long Island. When the residents of Nassau and Suffolk County are interested in pawn shop loans, they know that they can count on the experts at Gold Coast to offer the fairest prices and the most affordable rates. You’ll get the cash you need fast at Gold Coast Jewelry and Pawn.

Perhaps you have an unexpected and expensive car repair, maybe you need a few extra bucks to purchase that item you’ve been eyeing, or maybe you’re just short on cash. Whatever the reason is, when you need cash fast, a pawn store can be an excellent option. Jewelry, watches, coins… you probably have a few things sitting around your house that you don’t want anymore; instead of letting them collect dust, turn those unwanted items into the cash you need at a jewelry and diamond pawn shop.

If you’ve never been to a jewelry pawn shop before, you’re probably wondering how to go about the process. Use the following tips as a guide for selling to local pawn shops:

  • Find a reputable pawn shop. While you’ll find no shortage of options (it seems like there’s a pawn store on at least one corner of every town), unfortunately, not all of them are reputable. You want to make sure that the jewelry and diamond pawn shop you sell to can be trusted, so before you choose a facility, do your due diligence and research. Find out about the reputation and credentials of a shop. Read online reviews. Ask people you know for their input. Make sure they’re licensed and insured.
  • Pawn or sell? A pawn shop will give you the option to either pawn your items or sell them outright. If you opt to pawn, your belongings well act as collateral for a loan. A pawnbroker (the owner of the establishment) will lend you money against the collateral that you have provided. Once you pay back the money you have borrowed, your goods will be returned to you; if, however, you aren’t able to pay the loan back – or you decide not to – the pawnbroker will keep the collateral you’ve provided and can then sell it. Selling is exactly what it sounds like; you’ll sell your items to the pawn shop outright. The pawnbroker will appraise your goods and the amount of money you receive will be based on the appraisal.
  • Accept or decline the offer. Whether you’re pawning or selling, you will be given the option to accept or decline the offer that the pawnbroker makes. If the offer seems fair and close to the value of the item (and if you’re pawning, the interest rate seems fair, too) and you accept, you’ll after filling out the necessary paperwork, you’ll be paid shortly after the transaction is made. If, however, the offer seems too low (and if you’re pawning, the interest rate seems too high), you have the right to decline. If you do decline, you’ll simply take your items and go on your way.
  • Make payments. If you’re taking out a pawn shop loan, make sure that you make the payments on time and according to the agreed upon schedule; if not, you could forfeit your goods, which means that you won’t get them back. However, if you are having trouble making the payments, a reputable jewelry and diamond pawn shop will work with you; for example, you may be able to extend your loan, which will grant you more time to repay your debt.

Those are the basics of how a pawn shop works. It’s a pretty straightforward process. Don’t be afraid to ask questions before you make any transactions so that you are fully aware of the details of your loan or sale.

If pawning or selling your items to a pawn shop sounds like something you are interested in and you wondering, “Where can I find pawn stores near me?” look no further than Gold Coast Jewelry and Pawn. They’re one of the leading jewelry pawn stores on Long Island and are highly regarded for the fair prices and affordable rates they offer. If you have any questions about their pawn shop or you have any questions, one of their associates will be happy to assist you. Call 631.754.2679, email acgoldcoast@gmail.com, or visit LongIslandPawnShop.com. Of course, you could always stop by; they’re located at 1786 E Jericho Turnpike, Huntington, NY 11743.

WHAT WE BUY

Pre-Owned Luxury Watches

Get up to 70% off retail price of Rolex, Brietling, and more.

Authentic Pre-Owned Rolex Watches SAVE UP TO 80% OFF RETAIL STARTING AT $2,995

PAWN SHOP & CASH LOANS

If you need an instant cash loan in Suffolk County, come into our showroom and see what we offer. We offer instant cash loans without any credit check.

PRECIOUS METALS DEALER

No matter the type of precious metal you have, Gold Coast can offer top dollar for your quality items. Precious metals are a great way to get the quick cash you need.

WATCH & JEWELRY REPAIR

Gold Coast Jewelry & Pawn is happy to offer fine jewelry and watch repair. Be it a broken clasp, extra link, watch maintenance, or lost setting, Gold Coast can assist with the repair job.

What our customers are saying

Great place! It was a great experience, wonderful customer service! The store itself was very clean and organized! Definitely recommend! I would definitely use them again
Jonathan, via Google
Great place and personable owner! Went to sell some jewelry and received great service, pleasant conversation and nice money to spend for the holidays. Would definitely recommend and come back to again.
TJ B, via Google
I bought a Rolex from them. I was shopping around and they had one that I liked. It was slightly used. I got such an unbelievable deal.The store is beautiful they have so much stuff in there to choose from. I would definitely recommend going there and seeing what they have.
Steven, via Google
I stopped in for some Christmas shopping and was amazed with all the beautiful jewelry they have. I ended up buying a few Tiffany & Co. items and a couple of great looking watches. This jewelry store is clean and beautiful. Their high quality diamond jewelry is amazing and the owners take the time to show you in detail the quality of their pieces giving me piece of mind with my purchase. Thank you much!!!
VIVIYNANY, via Google

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The perfect ring at the perfect price

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