A CASH BUYER JEWELRY & LOAN, TUSTIN

Update January 31, 2012  What really impressed me about the owners of A Cash Buyer Jewelry & Loan in Tustin, California is that they are fully aware that their business is only as good as their reputation.  And so, they try to do everything possible to have the best reputation when dealing with buyers and sellers and with customers who come to their boutique for a cash loan.

A Cash Buyer Jewelry & Loan buys gold, silver, coins, jewelry, diamonds, art and watches and they keep track of market conditions so that they can offer the best prices to those with items to sell.  And because they keep pace with market conditions, they offer the best prices when they sell estate jewelry to customers who walk into their shop.

You will find fine art by Norman Rockwell and Salvador Dali and more great, contemporary artists.  There are high quality watches for sale with top names such as Rolex, Cartier, Patek, IWC, Omega and more.  If you are looking for the best prices on classic jewelry and estate jewelry this is the place to shop for extraordinary finds and deals.  You can save fifty percent or more on diamonds and diamond engagement rings because this boutique doesn't have the overhead that mall stores have.  There is plenty of convenient free parking, and you will feel comfortable buying and selling here with confidence and getting a loan if necessary.

What sets A Cash Buyer Jewelry & Loan apart from others is that this estate buyer makes house calls and they have an expert repair staff to be sure the high quality jewelry and watches are as close to perfection as possible when you buy it.  There are guarantees available on the watches so you can shop with complete confidence.  Our Best Buys TV Show report is below.

WE DID OUR OWN TEST SELLING SILVER

Update June 13, 2011  Wherever you go you see signs about buying gold and silver and so we had to do our own test.  It wasn't a comprehensive test because we didn't go to too many dealers but the few dealers we did shop opened our eyes to how it is important that you shop around.

We shopped around two items: a sterling silver dinner fork from Wallace Sterling from the design Grand Baroque, and a five ounce bar (or wafer) of .999 silver bullion fabricated by Pan American and the Northwest Mint.  We shopped them both today after the silver market closed so the price of silver was "set" and was not fluctuating as it could when the market was open.  The price of silver at the time was just under $35 an ounce.

The first dealer we shopped offered $71 for the Wallace Grand Baroque sterling silver dinner fork and commented that it contained about $91 worth of silver.  The second dealer we shopped offered only $25.  That's quite a spread.  The first dealer offered $34.65 per ounce or $173.25 for the five ounce bar of silver while the second dealer offered $150 or $30 an ounce.

We checked some prices on eBay at the same time:  the dinner fork on eBay in used condition had a "buy it now" price of $98.  We didn't spot the exact same 5-ounce silver bar on eBay but based on the price of silver it was worth about $175.

WHEN A TOP DEALER SURPRISED US

Update November 10, 2011  We believe that gold and jewelry companies and pawn shops are entitled to make a fair profit.  But we were surprised by the very low offer that a big store in Van Nuys gave to a consumer.  The consumer had a Tag Heuer watch to sell.  We know the consumer and the watch and the watch was in very good condition.  Online this watch sells as a new watch for about $1,800 and as a used watch it sells for about $700 to $800.  The consumer brought the watch to a store in Van Nuys and was very surprised by the low offer he received.  He was offered just $150.

But what surprised us even more was what the clerk at the store told the consumer.  The clerk said that the store looked up the value of the watch online and while it might fetch $700 or $800 in an online sale, the store could only pay $150 so it could make the profit that it needed.  Really?  A profit of $550 or $650 is what they needed?

We think a profit of 30% is fair in some cases.  In other cases a profit of 50% is fair.  And still in other cases a profit of 100% is fair.  But the offer made to this consumer could have given this company a profit of more than 450-percent.

By the way, the consumer did not sell his watch to them.

GEM AND LOAN OF BEVERLY HILLS CUTS INTEREST RATE DURING MARCH

Update March 1, 2011  Gem and Loan of Beverly Hills has cut its interest rate for short term loans during March 2011.  The March Special that comes just in time for tax season is 2% for a 30-day loan.  Some restrictions apply so call for details.  Gem and Loan also says it can pay the best prices for gold and silver jewelry because unlike scrap gold dealers it can pay more for estate jewelry that will command a higher price on the resale market.  We have a complete report on Gem and Loan of Beverly Hills below.  Also see our page "Jewelry And Loan / Beverly Hills" for more about Gem and Loan of Beverly Hills.

PAWNSHOPHUNTINGTONBEACH.COM OFFERS GREAT SERVICE

The website www.PawnShopHuntingtonBeach.com will introduce you to the great and friendly service and competitive prices and rates offered by this company.  This company is part of a larger financial services company and so it can offer a better deal for consumers.  Our video report is coming soon.