How To Get The Perfect Vintage Engagement Ring For Your Loved One

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So you’ve found “the one” — the person you want to spend the rest of your life with. You’ve been saving money for months to get that vintage engagement ring, but you’re hoping to have a little more in your pocket before you pull the trigger. Luckily at Watch & Wares, we have a couple of options that help you buy the vintage engagement ring you loved one deserves! It is FOREVER after all.

SELL JEWELRY & PAWN ITEMS

Your first option in getting your engagement ring is to sell some of your other jewelry in exchange for money. At both the Tustin and Orange Watch and Wares locations, you can bring in these valuables and get them appraised, and then decide whether or not you’d like to sell. We buy a variety of wares including jewelry, handbags, luxury watches, art pieces, and more, so you’re not limited in your options. Just make an appointment, and we will appraise your items on the spot. Getting that perfect vintage engagement ring for your loved one is something that they will cherish forever so that you can use your seller’s reward towards an investment item for your future.

We sincerely value our customers, and we always strive to give you the highest monetary value possible for your luxury items. We will provide you with a fair, accurate, and hassle-free offer, which can be payable in cash on the spot! Selling your jewelry will typically get you more money than taking out a collateral loan. However, unlike a collateral loan, the item will not be returned to you unless you purchase it back.

Some brands we buy are likely to purchase from our customers include Tiffany & Co., Bulgari, Cartier, Rolex, Omega, Breitling, and Louis Vuitton. We do not buy electronics, clothing, or weapons. To learn more about selling jewelry and pawning items with Watch and Wares, visit our Sell Jewelry page for our Orange and Tustin locations.

TAKE OUT A COLLATERAL LOAN

Your second option is through our collateral loan services. If your item has sentimental value and you do not wish to get rid of it indefinitely, consider taking out a jewelry loan (also known as a pawn loan or collateral loan). Getting a collateral loan is very simple at Watch and Wares Tustin, and you will not need to make an appointment to get an appraisal.

Bring the item(s) that you would like to use as collateral to our Tustin location and we will give you a free evaluation of what we think the item is worth. You will then be issued a 4-month loan with a ten-day grace period, and a state-regulated interest rate based on the loan amount. We do not require credit checks or income verifications, so you get the loan without any credit score risks involved.

When you take out a collateral loan, we will securely store your item until you have paid off the loan in its entirety. If you end up needing longer than the allotted amount, you can renew the loan by paying the current interest. There is also no penalty should you decide not to pay the remaining amount. Your collateral item will act as your payment and belong to Watch and Wares. We accept jewelry, luxury watches, gold, and other precious metals as collateral items so you can find the item that works best for you. You could be proposing much sooner than you anticipated with a ring that your future husband or wife will love. To learn more about taking out a jewelry loan with Watch and Wares Tustin, visit our service page.

Whether you want to sell your jewelry or take out a collateral loan, Watch & Wares is here for you. It’s personal preference on which service will work best for your engagement ring plans, and we’d be more than happy to answer any questions you may have about our services. Getting the perfect vintage engagement ring has never been easier!

For questions about collateral loans, please call our Tustin location at (714) 731-9600. For all other questions, please call our Orange location at (714) 633-2030.

What Items Can I Use For Collateral On My Jewelry Loan?

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If you need fast cash but don’t want to sell your valuable jewelry, taking out a jewelry loan is an excellent option for you. Jewelry loans, also known as pawn loans or collateral loans, work by trading in gold, jewelry, or other valuable items as collateral for money. Items brought in as collateral will vary in value depending on numerous factors, which will be determined by an evaluator. Here at Watch & Wares in Tustin, we’ve compiled a list of items you can use as collateral for a jewelry loan.

Items You Can Use as Jewelry Loan Collateral

Most luxury accessories can be used as a jewelry loan collateral. The amount you may receive will vary, depending on brand, quality, and the face value of the item. Some common items we accept as collateral are, but not limited to:

Rings, Earrings, Necklaces – We determine the value of jewelry depending on the clarity, carat, cut, and color of the diamond. Typically, vintage estate jewelry will be offered more money.

Luxury Watches – Some familiar brands we offer loans on are Rolex, Zenith, Oris, Omega, Girard Perregaux, Cartier, Panerai, and much more.  

Gold – Gold itself is valuable and can be used as collateral. How much we offer will depend on its quality and weight.

Pawn Loans Versus Selling Jewelry

Taking out a pawn loan and selling jewelry can both get you fast cash for the same items. However, both options have their pros and cons that just come down to personal preference when deciding between the two.

Through Watch & Wares, jewelry loans work by issuing a 4-month loan with a ten-day grace period and an interest rate based on the loan amount. This is an excellent option for items with sentimental value that you do not want to sell off. As long as you pay back the loan accordingly, there is nothing to be worried about in regards to your jewelry loan.

When selling your jewelry, there is no financial risk involved at all since there will be no loan for you to payback. Customers typically will receive more money for the item(s), but this also means that the jewelry no longer belongs to them and the piece’s title now belongs to the buyer/shop.

Ultimately, it is a personal preference and up to the customer to decide whether or not they want to release possession of their item. Regardless of what you’d like to do, Watch & Wares offers pawn loans and buys jewelry at our Tustin location.

We are a family owned and operated licensed pawnbroker business with over 25 years of experience that you can trust. Our policy is to always treat our customers with the utmost respect, which is why all transactions are 100% confidential and discreet.

Have questions about taking out a pawn loan or how you can buy or sell jewelry? Visit our Tustin location near the intersection of Costa Mesa Fwy and East 17th street or give us a call at (714) 731-9600.