Pawn Loans in Pleasant Hill, CA

Pawn Transactions for Gold, Silver, and Platinum – Jewelry, Coins, Fine Watches and Luxury Handbags

Do you know what it means to PAWN an item?

The TV Show, Pawn Stars, was a wonderful and entertaining show where customers came in with really interesting and sometimes outrageous items to sell to Rick Harrison and his staff. While this show gave a glimpse into the exciting world of buying and selling, it didn’t actually show what it means to Pawn. Every pawnshop buys and sells goods, however, to Pawn an item is actually to get a short term LOAN based on the value of the item or, as it’s called when used in this manner, collateral.

Pawnbrokers have been around since ancient times. In China, Buddhist monasteries owned collateral lending operations. In Ancient Rome and Greece, private pawnbroking shops were established. In Medieval Europe, Kings and Queens would use their jewelry as collateral to the Lombards and other pawnbrokers to fund wars and expeditions. For example, Queen Isabella of Spain famously pawned her jewels to help sponsor Christopher Columbus.

For years, pawnbroking has been a way for people to access the wealth in their own belongings. Unlike credit cards and bank loans, you do not need a good credit score to get a pawn loan. In fact, all you need is an item of value and your ID.

At Pleasant Hill Coin & Jewelry Exchange, we offer secure and reliable pawn transactions for gold, silver, and platinum items. We also take high end watches and luxury handbags in excellent condition.

If you’re in need of quick cash, you can use your valuables as collateral for a short-term loan, with no credit check or recourse, to receive cash immediately.

How it Works:

1. Evaluation: Bring in your gold, silver, or platinum items, high end watches, luxury handbags, or other luxury merchandise** to our experienced team members. They will carefully assess the purity, weight, condition, and market value of each piece.
2. Offer: Based on the evaluation, we will make you a competitive cash offer or propose an amount you can borrow against your items. We are always happy to work with you to ensure your financing needs are met.

3. Agreement: Following the strict regulations in place under California law, a pawn contract is agreed upon and signed. All of the details are clearly laid out in this contract, including the amount of interest and fees (which are regulated by the State for loans under $2,500). We will scan your ID. You will then receive immediate cash for the loan amount. Our terms are clear, and there are no hidden fees or surprises.
4. Security: Your items are securely stored in our Class-1 Vault during the loan period, ensuring their safety until you’re ready to redeem them. We take the security of your items very seriously and are the only collateral lender in the Bay Area with a time-locked vault. When you are ready to come back and collect your item, you just call us 24 hours before to ensure we are able to make your items available.
5. Redemption: After the four-month term, simply repay the loan amount plus the finance charges to reclaim your items. You can also pay just the finance charges to renew your loan for another four months. If you choose not to redeem or renew by the end of the term, there are no further obligations, and the title of the property automatically transfers from the borrower to the lender per your legal contract. This does not affect your credit. We are proud of our very high redemption rate (consistently around 93%+) and truly understand that you want to keep your property.

● TRANSPARENCY ● SECURITY ● DIGNITY

We are here to serve as a short-term solution for your financial needs. Pleasant Hill Coin & Jewelry Exchange is proud to be the bank for the unbanked in the Bay Area, providing exceptional service.

Get In Touch With Us Today

With over 25 years of experience, we are THE trusted provider of collateralized loans in the East Bay. Whether you need money for a medical emergency, home repairs, or any other urgent expenses, we can help you. At Pleasant Hill Coin & Jewelry Exchange, you will find a safe and secure place to conduct your business.