When choosing the best place to pawn a diamond ring in San Diego, there are four main factors to consider: discretion, interest rates, security, and size of loan. So let’s take a look at each of these issues in order to explain why so many clients choose Diamond Estate Jewelry Buyers as the best place to pawn a diamond ring in San Diego County.
There are two options when it comes to pawning a diamond ring or large carat diamond in San Diego. You can pawn your diamond at a San Diego pawn shop or you can pawn your diamond with a collateral loan specialist like Diamond Estate Jewelry Buyers (DEJB).
The difference between these two types of businesses is that a collateral loan provider like DEJB specializes in large bridge loans on high-brand diamond jewelry. We are estate diamond brokers who deal primarily with private collectors, as well as individuals and business owners who are pawning diamond rings to receive temporary cash loans from $2,500 – $50,000. Unlike a San Diego pawn shop, the on-site sale of previously owned diamonds is not a significant part of our business.
How to Pawn a Diamond Ring Discreetly in San Diego
For many clients, discretion and confidentiality are an important part of the decision making process when pawning a diamond ring in San Diego. While pawn shops throughout the country have greatly improved their image over the past decade, some people remain hesitant about being seen entering a San Diego pawn shop to pawn a diamond. There also is a concern about potential credit checks or credit reporting, should they decide to pawn their diamond ring.
Discretion and confidentiality are paramount at Diamond Estate Jewelry Buyers. As San Diego County’s leading buyer of previously-owned diamond jewelry and luxury watches, our business involves more than collateral loans on diamonds. We serve as personal estate buyer to a wide range of business owners, entrepreneurs, and private individuals throughout the United States. Our business office is discreetly located on Prospect Street in La Jolla Cove. In addition, no credit checks or credit reports are ever made when clients pawn a diamond ring with us.
Beyond confidentiality, we are highly sensitive to the financial situations that often surround the pawning of diamond rings and the personal attachments that clients have with their diamond jewelry. Our luxury pawnbrokers will carefully go over all your options, and help you make the best collateral loan or sales decision to match your needs.
Interest Rates & Pawning a Diamond Ring in San Diego
The best place to pawn a diamond ring is obviously going to be with a San Diego pawn shop or pawnbroker who charges reasonable interest rates. San Diegans are lucky in this regard because interest rates in California are capped at much lower rates compared to other states—and often at a rate better than when taking out a cash advance on a credit card. There is strong competition among San Diego pawn shops and other collateral loan providers, thus the interest rates charged by San Diego pawnbrokers are generally not much different.
With regards to Diamond Estate Jewelry Buyers, our exact interest rates on pawned diamond rings varies depending on the resale value of your diamond. Simply call or email us for a quick preliminary appraisal of your diamond ring and the interest rate that would be applied.
How to Pawn a Diamond Ring Securely in San Diego
When pawning a diamond ring in San Diego, you want to have peace of mind. You want to feel confident that your diamond jewelry is in safe hands and that you are dealing with a highly reputable pawnbroker. One way to evaluate reputation is to check whether the San Diego pawn shop or pawnbroker is accredited with the Better Business Bureau. In addition, you should read online reviews to see whether the pawnbroker possesses a strong track record of buying and pawning diamond engagement rings, large carat diamonds, and other types of valuable diamond jewelry.
In the case of Diamond Estate Jewelry Buyers, customers feel confident and secure pawning a large diamonds to us because we are fully accredited with the BBB. Our owner Carl Blackburn is widely recognized throughout San Diego County and nationwide as an estate diamond buyer, luxury pawnbroker, and consumer advocate. Over the years, Carl has earned dozens of five star reviews from clients who have sold or pawned to him their diamond jewelry. In addition, our collateral loan office is located in a safe and secure business area in La Jolla, CA.
Where to Pawn a Diamond for a Large Cash Loan in San Diego
Probably the most important factor when choosing the best place to pawn a diamond is choosing the San Diego business that will provide you with the highest cash loan for your jewelry. When you pawn a diamond at a San Diego pawn shop, the pawnbroker will ordinarily offer you a collateral loan based on how much they think your diamond jewelry can be sold for within their store. Therefore, if you do decide to pawn a diamond ring to a San Diego pawn shop rather than DEJB, you should choose one whose showcases are filled with diamond rings and who attracts a large number of diamond jewelry shoppers.
Clients choose Diamond Estate Jewelry Buyers to pawn diamond engagement rings and large carat diamonds because we appraise the value of your diamond on its global market value rather than how much we might be able to sell it for locally. Our owner Carl Blackburn is an internationally-recognized diamond jewelry designer, with resale contacts throughout the world. Therefore, our cash loans on diamonds are higher than what you might receive at a typical San Diego pawn shop. In addition, unlike an ordinary pawn shop, we have the expertise and financial resources to offer collateral loans on diamonds upwards to $250,000, depending on the value of your diamond jewelry.
When you pawn a diamond with Diamond Estate Jewelry Buyers, your no credit check collateral loan can be for as short a period as 24 hours and up to 120 days (renewable). Contact our luxury pawnbrokers today and let us prove to you why so many people in San Diego County call us the best place to pawn a diamond ring or loose diamond.
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Not sure if pawning a diamond ring is the best option for your financial situation? We also buy diamond jewelry outright. Contact our San Diego diamond buyers to receive an immediate generous cash offer for your fine jewelry.