Online Glossary for Luxury Pawn Shop Goers
San Diego Jewelry Buyers has announced the online publication of an industry glossary to assist customers interested in selling their pre-owned fine jewelry, watches, diamonds, and gold. More than a dictionary that explains the meanings of terms such as troy ounces, pennyweights, filigree, and the 4Cs of diamond grading, the SDJB glossary provides short biographies of such legendary jewelry and watch houses as Cartier, Van Cleef & Arpels, Rolex, Patek Philippe, and Jaeger-LeCoultre. It also includes descriptions of such reclusive but highly coveted jewelry designers as JAR and independent watchmakers like Vianney Halter.
“We wanted this glossary for jewelry sellers to be useful to both the novice and the connoisseur,” says an SDJB spokesperson. “In the field of fine jewelry and horology there is always more to learn. For example, the estate jewelry aficionado may know all about the designers of vintage eras like Art Nouveau and Art Deco, yet know little about modern masters such as Gurhan Orhan or John Hardy. At the San Diego Jewelry Buyers glossary we cover all the bases. It is a good starting point for people to strengthen their knowledge.”
Lord Elgin: Founded in in August of 1864, the Elgin Watch Company became a legendary American watch manufacturer. Originally known as the National Watch Co., the company had a long and celebrated history as a manufacturer of pocket watches. The company’s railroad-approved pocket watches and military issue watches from WW I and WW II continue to be classic collectibles. The company eventually fell victim to cheap imports and closed its last plant in 1967.
Krugerrand: A Krugerrand is a South African gold coin, first minted in 1967 in order to help market South African gold. Although the coins have legal tender status in South Africa, they are not actually intended to be used as currency. Since the Krugerrand is minted from gold alloy that is 91.67 percent pure (22 karats), the actual weight of a “one ounce” coin is 1.0909 troy ounces (33.93 g), to provide one troy ounce of pure gold.
Fair Trade Gems: Gems that are closely tracked from mine to market to ensure that every gem has been handled according to strict protocols, which include: environmental protection, fair labor practices at the cutting and jewelry factories, and a tight custody chain that eliminates the possibility of treated gems or synthetics being introduced into the supply chain. The program also includes promotion of cultural diversity, public education, and accountability.
To read the full glossary for San Diegans who want to pawn or sell diamonds, gold jewelry, fine watches, or other luxury assets, please visit:
http://sandiegojewelrybuyers.com/luxury-pawn-shop-glossary-of-terms-brands/
For more information about the company, please visit or contact them at:
San Diego Jewelry Buyers
907 6th Ave
San Diego, CA 92101
888-919-3862 – 888-919-3862
www.sandiegojewelrybuyers.com
San Diego Luxury Pawnbroker Launches Website
San Diego Jewelry Buyers (SDJB), California’s premiere buyer of pre-owned fine jewelry, diamonds, and prestige watches has announced the launch of its new luxury website: SanDiegoJewelryBuyers.com.
Serving sellers and loan-seekers in the San Diego area and nationally, the site transcends the traditional pawn shop experience and is expected to strengthen the company’s standing as an industry leader among gold buyers, diamond buyers, and luxury pawnbrokers. “The purpose of this site is to explain why we are able to provide clients with better sales offers and cash loans on their precious items, and to do this in a highly educational and non-promotional manner,” says SDJB’s owner.
According to Mr. Blackburn, assessing a fair value for estate jewelry, complex timepieces, and modern designer jewelry demands a level of expertise that goes beyond just knowing what today’s spot prices are for gold, silver, and platinum. It takes an understanding of brand value, as well as the attention to detail and craftsmanship upon which luxury brands are built.
Mr. Blackburn should know. He has been involved with vintage and handcrafted fine jewelry for over twenty years, and is the creator of his own branded collections that have appeared in fine jewelry magazines worldwide. Add to Blackburn’s knowledge the 30+ years of expertise in the pre-owned jewelry market that company founder and senior buyer Pete Harvey brings, and customers in San Diego County have a jewelry and watch buyer with credentials they can rely upon.
“Trust has always been the cornerstone of San Diego Jewelry Buyers’ success,” says Mr. Blackburn. “There is a lot of conflicting and confusing information to sort through when people sell estate jewelry. But we’ve always been straightforward in sharing with customers our knowledge regarding the product they want to sell or pawn, so they can make an informed decision.”
In keeping with that philosophy of knowledge sharing, the new San Diego Jewelry Buyers website includes an area solely dedicated to building their customers’ understanding of fine jewelry, watches, diamonds, silver, gold, and platinum—as well as information on jewelry recycling and the eco-friendly fine jewelry movement which the company supports. San Diegans who would like to sell or pawn gold or other luxury assets will also find an SDJB guide that answers many of the questions people have when they are looking to sell (or receive an immediate cash loan) on precious gift assets.
For more information about the company, please visit or contact them at:
San Diego Jewelry Buyers
907 6th Ave
San Diego, CA 92101
(619) 236-9603 – (800) 557-9413
www.sandiegojewelrybuyers.com
San Diego Gold Buyer Helps Pawn Shops
The current economy is causing more San Diego residents to head down to their local pawn shops for small loans, and the result has been that many pawn shop owners are in a cash crunch. According to San Diego Jewelry Buyers (SDJB), the company has been buying increasing amounts of fine jewelry, watches, diamonds, and gold from the San Diego pawnshops that it regularly works with.
“Over the past six months, more people have decided just to let their local pawn shop keep that gold chain, diamond ring, or what have you, rather than pay back the loan,” says an SDJB spokesperson. “And while this is perfectly fine, it can make it tough financially for pawn shops because most of their business is based on loans, not on actually having to re-sell items to the public.”
This is where San Diego Jewelry Buyers steps in. Specializing in estate jewelry from famous periods like Art Deco, as well as designer jewelry and watches from brands such as Cartier, Van Cleef & Arpels, Rolex, and Patek Philippe, SDJB has been helping San Diego pawn shops reduce inventory by buying increasing amounts of their fine jewelry and gold.
“San Diego Jewelry Buyers fortunately has the financial resources that allow us to purchase as many items as our pawn shop clients bring us,” says SDJB. “We’ve been buying used gold jewelry and second-hand Swiss watches for over 30 years, and over that time have built up a trusted relationship with neighborhood pawn shops both inside and outside San Diego.
San Diego Jewelry Buyers though does not always buy every kind of watch and all types of jewelry. While a local pawn shop will sometimes give a small cash loan for a digital watch or gold plated piece of jewelry to a customer they know, SDJB deals mostly in watches worth over $500, and only jewelry made of solid gold, platinum, or sterling silver.
In addition to buying, San Diego Jewelry Buyers also offers immediate cash loans on those large ticket diamonds and jewels that go beyond the scope and expertise of most pawn shop owners. Because of the company’s strategic downtown location, SDJB finds this end of its business also increasing.
“The downtown Gaslamp Quarter is joining La Jolla, Del Mar, and Rancho Santa Fe as one of San Diego most affluent shopping and dining areas. Dealing with clients who are looking to sell or collateralize a $25,000 watch or $50,000 diamond ring is not unusual. If the deal is fair for both parties, we don’t have to think about it. We write them a check right on the spot.”
For more information about SDJB, please visit or contact them at:
San Diego Jewelry Buyers
907 6th Ave
San Diego, CA 92101
888-919-3862 – 888-919-3862
www.sandiegojewelrybuyers.com
San Diego Luxury Pawn Shop Guide Published
Over the past year, skyrocketing gas and grocery prices have sent many Americans looking for ways to leverage their existing capital, including those assets which have been gathering dust in their jewelry boxes. Near record level prices for gold and diamonds has been a boon for hard-pressed consumers in need of extra cash, as well shoppers who’ve decided now is the time to bring their fine jewelry and watches into the 21st century. To better assist those who are considering selling their second-hand jewelry, San Diego Jewelry Buyers has just announced the publication of of a guide to help San Diegans who want to sell or pawn jewelry, gold, diamonds, and watches.
**The United States has over 12,000 pawn shops and businesses that buy and sell used jewelry, watches, and diamonds. Not all are the same. When deciding on whom to entrust with your fine jewelry transaction, be selective, do research, and choose only those companies that specialize and understand the current jewelry market.
**For simple used gold jewelry, the rule of thumb is to accept 50%-80% of gold’s current trading price, otherwise known as the “spot price”. Remember that 24K jewelry is pure gold, 18K is 75%, 14K is 58%, and 10K is 41.7%. For name brand fine jewelry and watches (such as Tiffany, Cartier, Rolex, and Patek Philippe) you can expect to get higher prices, depending on the condition of the piece, as well as the maker, and overall desirability.
**Not all jewelry can be resold or used for a cash loan. Very few pawn shops will accept costume jewelry, unless it a very rare item. And silver jewelry is worth only a fraction of what gold jewelry is worth, although some kinds of designer and/or antique silver jewelry can be valuable.
**To ensure the best price when you sell gold jewelry, deal only with those buyers who set their scales in grams. Some buyers set their scales in penny weight (1.55 grams), which likely means less money for you.
**Avoid those businesses which charge an unreasonably high interest rate on their cash loans for jewelry. In states like Texas the legal rate for short term loans can go as high as 240%! Do not allow a troubling financial situation to force you into such a loan arrangement. There are always businesses to be found that will charge you a reasonable interest rate. And if you need help, seek guidance from a free consumer credit management service, such as: Debt-mgt.org or Familycredit.org.
**When obtaining a cash loan for diamonds and jewelry your anonymity and credit rating are protected. Loan operators don’t do credit checks. If the customer can’t pay back the loan it doesn’t hurt their record. The loan operator simply keeps the collateral.
To read the entire SDJB guide for those who want to sell or pawn diamonds, gold, Swiss watches, and other luxury assets in San Diego, please visit their website at: www.sandiegojewelrybuyers.com.
For more information about the company, please visit or contact them at:
San Diego Jewelry Buyers
907 6th Ave
San Diego, CA 92101
888-919-3862 – 888-919-3862
www.sandiegojewelrybuyers.com
Sell Estate Jewelry San Diego: Where to Find Tips?
San Diego Jewelry Buyers (SDJB) has published an online guide for consumers interested in selling their estate jewelry. The guide appears at SanDiegoJewelryBuyers.com in the company’s regularly updated Knowledge section for consumers looking to sell diamonds, gold, jewelry, and watches.
“Being an informed seller is certainly the most important thing for consumers when conducting any kind of sales transaction,” says Alan Blyler, a spokesperson for San Diego Jewelry Buyers. “It doesn’t matter if we are talking about how to sell estate jewelry, sell gold coins, sell baseball cards, or sell a used car. The more you know about the product that you want to sell, the better the chances of getting a good price for that item, while avoiding the disappointments related to unrealistic expectations.”
The San Diego Jewelry Buyer’s guide for estate jewelry sellers states that while selling to another consumer is usually the most profitable way to sell estate jewelry, people should take into account the convenience of the sale when deciding the selling option best for them. Selling estate jewelry is often a time-consuming process. Therefore sellers should first put a price on what their time and energy are worth. Then evaluate if it makes sense to spend 10-20 hours or more, over several weeks, trying to find a buyer for their estate jewelry, just to make a little extra money beyond the buying offer that an experienced San Diego estate jewelry buyer would make.
San Diego Jewelry Buyers also urges consumers to safeguard themselves if they decide to sell estate jewelry to a stranger. The company warns sellers never to meet a potential buyer in their house, but to arrange a meeting at a public place, such as a shopping mall or restaurant. The best place to meet, according to SDJB, is in the potential buyer’s bank, because then if the buyer is interested in the estate jewelry, they can withdraw the cash right away, and the transaction can be completed in a safe, secure, environment.
To read the rest of San Diego Jewelry Buyer’s guide for estate jewelry sellers, please visit their Knowledge pagea.
For more information about the company, please visit or contact them at:
San Diego Jewelry Buyers
907 6th Ave
San Diego, CA 92101
(619) 236-9603 – (800) 557-9413
www.sandiegojewelrybuyers.com
Sell Gold for Green: More Cash & Better Earth
California (and the entire country) has seen a gold rush over the past year—with consumers cashing in on exploding gold prices to sell their outdated and unwanted gold jewelry to ease the burden at the pump, take a holiday, or modernize their fine jewelry boxes. But San Diego Jewelry Buyers reports that it is not just $900+ dollar gold prices that is sending customers through their doors. They say that shoppers desire to “go green” is also a driving factor.
“The internet has made jewelry customers tremendously more informed,” says SDJB spokesperson Alan Blyler. “Not only do they know more about the 4 Cs of diamond quality and the intricacies of fine millgraining and filigree, they increasingly are aware of the ways that gold and diamond mining impact the environment. Today, many people sell gold with us because they are looking to do their part toward recycling precious resources.”
By selling your gold jewelry (and platinum jewelry) which can either be melted down, refashioned, or resold to an interested buyer, you can help reduce the need to expand mining activity around the globe, especially in developing areas which often lack the safeguards for environmental protection. “With the burgeoning wealth of countries like China and India, there are millions of more shoppers seeking fine jewelry, which is putting added pressure on the gold and diamond mines,” says Blyler. “When customers sell gold jewelry that is no longer used, they can help relieve that pressure, and take us another small step toward a healthy planet.”
With only about 15% of gold consumption recycled each year, there is undoubtedly much more waiting to be refashioned again into exquisite jewels. To learn more about how you can resell and recycle gold jewelry, platinum jewelry, and silver jewelry, please visit or contact them at:
San Diego Jewelry Buyers
907 6th Ave
San Diego, CA 92101
(619) 236-9603 – (800) 557-9413
www.sandiegojewelrybuyers.com