While it can be very easy to pawn gold in Los Angeles, thanks to a large number of pawn shops, it can be challenging to find a store that offers the best deal and fair payment.  Before you begin pawning your unwanted gold jewelry, take the time to make sure you receive the maximum amount of cash possible for your items.  Call around to pawnshops; at Western Loan & Jewelry we give quotes right over the phone.  You must be able to give us the karat of the item and weight.  Like any other business, pawning is competitive and different shops loan different amounts.

Remember most gold buyers are un-licensed!  Make sure you ask.  A licensed pawnbroker is regulated by the State, is bonded, has certified scales to give accurate measurements, and typically has been in business for many years.  Western Loan & Jewelry has been in business since 1964 (46 years).

Pawning gold items, such as jewelry, watches, necklaces or earrings, is an easy way to make money.  And unlike selling your gold, pawning allows you to come back and pay the pawnbroker and keep your valuables.  Pawn loans are for four months.  When you come back to redeem your items you must pay the pawnbrokers the principle and interest.  There is also a set up fee.  However, all of the fees and interest is set by the State of California.  As a matter of fact, California has one of the lowest pawn interest rates in the nation. What happens if you forget about your loan?  By law a pawnbroker must send you a reminder notice after your loan has expired giving you an additional ten days.  At Western Loan & Jewelry  time beyond the grace period is given if needed by the customer.