Tag: Gold

  • Pawn Loans vs. Bank Loans: Unlocking Quick Cash with Collateral

    Pawn Loans vs. Bank Loans: Unlocking Quick Cash with Collateral

    Life is unpredictable, and financial emergencies can strike at any time. Whether it’s a medical bill, car repair, or any unexpected expense, having access to quick cash is essential. In such situations, pawn loans and bank loans offer two distinct paths to financial relief. While banks are known for their traditional lending services, pawnshops provide a unique way to secure short-term cash by utilizing valuable items as collateral.

    In this blog, we will explore the key differences between taking out a pawn loan and a bank loan. We’ll explore how pawn loans can offer a speedy solution, what collateral loans entail, and how unused jewelry, diamonds, gold, and coins can be your lifeline during short-term financial crises, bridging the gap between paydays.

    Understanding Pawn Loans – Lambert Pawn 

    Pawn loans, also known as pawnshop loans, are a form of secured lending. When you walk into a pawnshop seeking a loan, you offer a valuable item as collateral in exchange for a sum of money. This collateral can range from jewelry and precious metals to electronics and collectibles. The pawnshop will assess the value of your item and provide you with a loan amount based on that appraisal. Here are some key points to consider when it comes to pawn loans:

    1. Quick Access to Cash: One of the most significant advantages of pawn loans is their speed. The entire process, from appraisal to receiving your cash, can be completed within minutes or hours. This makes them an ideal choice for addressing urgent financial needs.

    2. No Credit Check: Unlike traditional bank loans, pawn loans do not require a credit check. Your credit history is irrelevant when seeking a pawn loan. This means that individuals with poor credit or no credit history can still access much-needed funds.

    3. No Repayment Concerns: When you pawn an item, you’re not obligated to repay the loan. If you can’t pay it back, the pawnshop keeps your collateral without affecting your credit score. This can relieve the stress associated with monthly loan repayments.

    4. Flexible Terms: Pawnshops often offer flexible repayment terms, allowing you to extend the loan period by paying only the interest, or you can choose to repay the principal and interest to redeem your item.

    5. Risk to Collateral: The main downside of pawn loans is the risk of losing your collateral if you can’t repay the loan. It’s crucial to choose collateral items wisely and borrow only what you can afford to repay.

    Collateral Loans and Their Utilization

    Selling to Lambert Pawn

    A collateral loan, also known as a secured loan, is a financial transaction where you pledge an asset as security to obtain a loan from a bank or financial institution. While banks and credit unions are the most common sources of collateral loans, the concept of collateral applies to pawnshops as well.

    The primary purpose of a collateral loan is to mitigate the lender’s risk. By offering valuable assets as collateral, borrowers provide assurance to lenders that they can recover their investment even if the borrower defaults on the loan. Here’s how you can use collateral loans to access quick cash:

    1. Visit a Bank or Credit Union: To obtain a collateral loan from a bank, you need to visit a local branch or apply online. The bank will assess the value of your collateral, your creditworthiness, and the amount you wish to borrow. Common types of collateral for bank loans include vehicles, real estate, and investments.

    2. Wait for Approval: Bank loans typically involve a more extensive application process, which includes credit checks and a detailed review of your financial history. This can take several days to weeks to complete.

    3. Flexible Repayment Terms: Bank loans come with a fixed repayment schedule, including interest. You’ll need to make regular payments over the agreed-upon term.

    4. Lower Interest Rates: Bank loans often have lower interest rates compared to pawn loans. This can make them a cost-effective option for those who qualify.

    Using Jewelry, Diamonds, Gold, and Coins as Collateral

    18k gold

    You might be wondering which items you can use as collateral for pawn loans or bank loans. Items that are easy to appraise and have a high market value are typically preferred. Here are some common items you can use:

    1. Jewelry: Fine jewelry, such as gold, silver, diamonds, and gemstones, is a popular choice for collateral. The value of jewelry can be quickly assessed, making it an ideal asset for pawn loans.

    2. Gold: Gold is a universally recognized and valuable commodity. Gold jewelry, coins, or even gold bars can be used as collateral, and their value can be easily determined based on their weight and purity.

    3. Diamonds: High-quality diamonds can fetch a significant loan amount. The “Four Cs” (carat weight, cut, color, and clarity) determine a diamond’s value, and a certified gemologist can assess your diamond’s worth.

    4. Coins: Rare or valuable coins, especially those made of precious metals like gold or silver, can be excellent collateral. Numismatic experts can appraise the coins’ value based on rarity and condition.

    Utilizing these items as collateral can be a practical solution during financial emergencies. When you receive a loan using these valuables, you’re essentially tapping into the equity locked within them without permanently selling them.

    Pawn Loan vs. Bank Loan: A Comparative Analysis

    Luxury Handbags

    To make an informed choice between a pawn loan and a bank loan, let’s compare these two options in various aspects.

    Speed of Access:

    • Pawn Loan: Extremely fast, often within hours.
    • Bank Loan: Slower, taking several days to weeks for approval.

    Credit Check:

    • Pawn Loan: No credit check required.
    • Bank Loan: Typically involves a credit check.

    Collateral Risk:

    • Pawn Loan: Risk losing collateral if unable to repay.
    • Bank Loan: Risk foreclosure of the collateral asset (e.g., vehicle or property).

    Interest Rates:

    • Pawn Loan: Higher interest rates compared to bank loans.
    • Bank Loan: Typically offers lower interest rates.

    Repayment Terms:

    • Pawn Loan: Flexible terms, including interest-only payments.
    • Bank Loan: Fixed repayment schedule, with principal and interest payments.

    Loan Amount:

    • Pawn Loan: Smaller loan amounts, usually based on collateral value.
    • Bank Loan: Offers access to larger sums based on creditworthiness and collateral.

    Credit Impact:

    • Pawn Loan: No impact on credit score if collateral is forfeited.
    • Bank Loan: Can positively or negatively impact your credit score.
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    When facing short-term financial emergencies, options like pawn loans and bank loans can provide a much-needed lifeline. Pawn loans offer the advantage of quick cash without the hassle of credit checks and with the flexibility of repayment terms. However, the risk of losing collateral is significant. At Lambert Pawn, the pawn brokers work with you to help you secure a loan and terms that are workable for everyone. 

    On the other hand, bank loans provide lower interest rates, larger loan amounts, and the potential to positively impact your credit score. However, they come with a more extended application process and stringent credit checks.

    Ultimately, the choice between a pawn loan and a bank loan should be based on your unique financial situation, needs, and the value of the collateral you can offer. Whatever option you choose, remember to borrow responsibly and within your means to avoid long-term financial challenges.

    In times of need, your unused jewelry, diamonds, gold, or coins can be your financial safety net, helping bridge the gap from one payday to the next. Whether you choose to work with a pawnshop or a bank, these valuable assets can be the key to securing quick cash and regaining financial stability during challenging times.

    We explored the differences between pawn loans and bank loans, emphasizing the swift access to cash and the use of valuable items as collateral. However, one common concern that often arises when considering pawn loans is the fear of losing the precious items used as collateral. In this segment, we will explore how pawn loans can be a safe option, allowing borrowers to regain possession of their valuable assets when they make payments on time.

    The Safety of Pawn Loans

    Quick Cash

    Pawn loans offer a unique safety net for borrowers, primarily because the collateral items used to secure the loan remain the property of the borrower throughout the loan term. This means that when you take out a pawn loan, your valuables are not lost forever; they are merely held as security by the pawnshop until the loan is repaid. Here are some key aspects of pawn loans that ensure the safety of your collateral:

    1. Item Retrieval: One of the most significant advantages of pawn loans is that borrowers can retrieve their items at any time during the loan term by repaying the loan amount, plus interest and any applicable fees. This flexibility allows you to regain ownership of your valuable assets once your financial situation stabilizes.

    2. Loan Extension: If you’re unable to pay off the entire loan when it’s due, most pawnshops offer the option to extend the loan term by paying only the interest and fees. This provides further opportunities to keep your items secure and work towards loan redemption.

    3. No Impact on Credit: Unlike traditional bank loans, pawn loans do not affect your credit score. This means you can safely use your valuables as collateral without worrying about the consequences on your credit history.

    4. Risk Mitigation: Pawnshops have a vested interest in keeping your collateral safe, as they make their profits from loan interest and fees, not from selling your items. Therefore, they have strong incentives to ensure your items are stored securely.

    5. Transparent Terms: Pawnshops are required by law to provide borrowers with clear terms and disclosures, including interest rates and fees. This transparency allows borrowers to make informed decisions and avoid unexpected surprises.

    Practical Steps to Ensure Safety in Pawn Loans

    pawn shop near me

    To ensure the safety of your collateral and make the most of your pawn loan, consider the following practical steps:

    1. Assess the Value: Before pawning your items, have a clear understanding of their value. You can get appraisals from multiple pawnshops to ensure you receive a fair loan amount.

    2. Borrow Responsibly: Only pawn items you can comfortably repay. Avoid the risk of losing items that hold significant sentimental value or irreplaceable significance.

    3. Review the Terms: Carefully review the loan terms, including the interest rate, fees, and the deadline for repayment. Ensure you understand all aspects of the loan agreement.

    4. Keep Track of Payments: Maintain a record of your payments and due dates to avoid late fees and potential defaults. Timely payments are crucial to retrieve your collateral.

    5. Communicate: If you encounter difficulties repaying the loan, it’s essential to communicate with the pawnshop. Many pawnbrokers are willing to work with borrowers to find solutions and avoid losing their valuable items.

    Bank Loans in Comparison

    While pawn loans offer unique advantages in the safety of your collateral, bank loans also have their merits. Bank loans, when managed responsibly, can be a safe and effective way to address financial needs:

    1. Loan Security: Bank loans provide structured repayment plans, helping borrowers build credit when payments are made on time. This can be a safe path to financial stability over time.

    2. Personal Relationships: Banks often foster personal relationships with their clients, offering financial advice and tailored solutions to address individual financial challenges.

    3. Lower Interest Rates: Bank loans typically come with lower interest rates compared to pawn loans, making them a cost-effective option for individuals with strong credit histories.

    Pawn Loans

    Pawn loans provide a safe and accessible option for quick cash by utilizing your valuable assets as collateral. What sets pawn loans apart is the safety they offer, allowing borrowers to reclaim their items upon repayment, offering flexibility and peace of mind. By understanding the terms, communicating with pawnshops, and using your valuables responsibly, you can make the most of pawn loans.

    It’s important to recognize that both pawn loans and bank loans have their place in the financial landscape. Lambert Pawn is available to assist customers with pawning, buying, and selling gold, diamonds, silverinstruments, and other valuables. The choice between the two depends on your specific needs, credit history, and the value of your collateral. Whichever path you choose, the key is to borrow responsibly and manage your finances prudently, ensuring that you can regain control of your financial future and valuable possessions.

  • The Perfect Little Black Dress; Luxury Handbag Combo

    The Perfect Little Black Dress; Luxury Handbag Combo

    The little black dress has been an emblem of style and sophistication for many years. It’s known as a versatile, elegant ensemble that will never go out of fashion! In this article, we’ll look into the historical background behind it, recognize its essential styles, and tips on how to personalize your outfit with accessories when wearing it in different settings. Refresh yourself with this timeless garment and show off your stylishness effortlessly!

    Key Takeaways

    • Experience the timeless appeal of the iconic little black dress, and discover perfect styles for any occasion!

    • Accessorize your look with diamond statement jewelry, elegant luxury clutches, luxury handbags & more to make a lasting impression!

    • Be excited to find luxurious accessories at Lambert Pawn, from diamond tennis bracelets to designer bags.

    The Timeless Appeal of the Little Black Dress

    Little Black Dress with Pre owned Luxury Accessories

    The little black dress has been a must-have in the fashion world since Coco Chanel made it popular in the 1920s. Its beauty lies within its versatility. Whether you’re dressing up for an event or keeping things casual, this timeless classic can be adapted to suit any situation with just some simple changes of accessories. The perfect go-to outfit, whatever your plans may be – from business meetings to date nights – is always waiting ready at hand: a well fitting and stylish little black dress!

    Essential Styles of Little Black Dresses

    Black Dress Styles

    Finding the perfect fit for your little black dress is not an impossible task. We are confident that we can help you find exactly what you need by exploring four main styles: A-line, Sheath, Bodycon and Shift. Each of these designs offers something different in terms of silhouette and fit to suit all body types, as well as various sizes and occasions, meaning there truly is a suitable option out there for everyone!

    A-Line

    The A-line style is an evergreen classic that women of all ages just adore. It features a fitted waist and flows towards the hem to create a flattering shape, commonly referred to as ‘A’. One great choice for any wardrobe would be the versatile little black dress in this cut, it can easily transition from casual daywear into party looks! A firm favorite among ladies everywhere, such dresses never go out of trend or fashion.

    Sheath

    For a truly sophisticated and classy look, the sheath dress is an ideal choice. This stylish garment fits smoothly to your body shape, creating an attractive yet professional profile that will be perfect for any formal occasion, notably with its iconic little black version. Make sure you accessorize it properly to create a lasting impression of poise and confidence. The sleek silhouette made possible by this great-looking piece makes it one of the most amazing ways to appear fashionable without going over the top on style or attitude!

    Bodycon

    A bodycon dress is a perfect choice if you want to make an impactful style statement. This form-fitting garment contours and enhances your figure, creating a modern yet attractive look. Whether it’s for a night out or just making heads turn as you stroll by in the little black dress – this type of clothing will certainly leave people mesmerized with its sleek appearance.

    Shift

    When it comes to an effortless and fashionable look, the shift dress is ideal. This comfortable attire falls straight from your shoulders down to its hemline, which makes it perfect for everyday wear! You can find various styles, colors, and patterns, so you will have no difficulty finding one that you love and suits your needs perfectly.

    If you’re looking for tips on how to style this versatile garment, then take note: accessorize with some statement jewelry, keep things simple by throwing on a pair of sneakers, use a belt around the waist for added definition, throw over an elegant cardigan or blazer if desired, slip into heels should you feel you need something more formal in appearance, the choices are infinite! No matter what kind of event, let this wardrobe staple provide plenty of ideas and comfort during any gathering.

    Designer Little Black Dresses Worth the Investment

    If you’re looking for an investment-worthy black dress, consider investing in a designer piece. It may have a heftier price tag, but the timeless fashion and quality craftsmanship make it worth every penny. With its incredibly durable materials that never go out of style no matter how often worn, this is truly the perfect addition to any fashionable wardrobe!

    How to Accessorize Your Little Black Dress

    Why break the bank on retail designer jewelry when you can embark on a thrilling treasure hunt for pre-owned luxury items at Lambert Pawn? In a world that constantly craves uniqueness, here’s your chance to stand out.

    Lambert Pawn offers a curated selection of exquisite, pre-loved jewelry that carries a rich history and unparalleled charm. Each piece tells a story of its own, allowing you to wear not just jewelry, but a narrative woven with elegance and sophistication. Plus, the thrill of the hunt is an experience like no other, knowing you’re not just saving money, but also making a sustainable choice. Elevate your style without emptying your wallet – Lambert Pawn is your portal to affordable luxury and individuality.

    When it comes to making your little black dress stand out, the accessories you choose are key. A few options you can consider include statement jewelry, elegant clutches and pre-owned luxury handbags for a more unique touch, as well as versatile footwear choices that will help complete the ensemble.

    The right type of accessory can transform an ordinary look into something special – just make sure they reflect who you are and tell your story through fashion! When selecting pieces to accessorize with, pick items that match perfectly with the colors of the dress itself. After all, this should be made easy in all these various ways.

    Statement Jewelry

    Prong Settings

    Statement pieces of jewelry are a great way to give your outfit flair and express yourself. When selecting these kinds of accessories, consider what kind of impression you wish to make for the occasion and look in mind.

    A black dress can be enhanced with statement earrings, long necklaces, big gemstone rings or bold stackable bangles as well as pearls that will transform it from commonplace into something spectacular, making them essential components in any collection!

    Elegant Clutches

    A beautiful and stylish clutch is the perfect accessory for a formal affair or night out. These small, handheld bags come in various colors and styles to match any outfit. Consider choosing one of these elegant options (like an evening bag or purse) that will complete your black dress look perfectly. Bags offer convenience and style, so you can be sure to have everything you need throughout the eventful night!

    Pre-Owned Louis Vuitton & Prada Handbags

    designer handbag

    People looking to add a bit of luxe while staying within their budget may want to check out pre-owned Louis Vuitton handbags. These bags provide the same superior fashion and quality as new items, but for an even more cost effective option.

    Websites like Poshmark, FARFETCH, Saks OFF 5TH, What Goes Around, Comes Around and Walmart all offer pre-used LV purses at great prices, so customers can access designer style without breaking the bank!

    Versatile Footwear

    Luxury Shoes

    Don’t forget to remember the look you’re hoping to realize and the situation when picking out your shoes. Your small black dress outfit will be completed with a faultless pair of footwear – whether it’s traditional pumps or dainty sandals for formal affairs, convenient loafers or ballet flats for office attire, casual ankle boots or flat footwear for everyday wear outs. The right kind of shoe can undoubtedly improve your style!

    Dressing Up or Down: Styling Tips for Different Occasions

    Diamond Luxury Jewelry

    Once the necessary apparel and accessories to match your little black dress have been determined, let us now focus on how it can be tailored for a variety of settings. Whether going out formally or casually, there is an option available in terms of styling that will make you look perfect. From formal occasions such as office wear through to less conventional gatherings, all types are covered by this article! You may even need some extras depending on what type of occasion but those fundamentals we’ve spoken about already should set you up nicely regardless.

    Formal Events

    To complete a formal attire, elegant accessories should be worn to accompany the classic black dress. A scarf in contrasting colors such as red or green can add extra sophistication and finesse to the rest of your outfit. Wearing statement items like an ornate belt or necklace will give you a neat look that’s perfect for any special occasion.

    Office Wear

    For a sophisticated office look, select your ideal little black dress with appropriate neck and hemline lengths. Incorporate an elegant blazer or cardigan to give off the ultimate professional impression. To finish up this ensemble for work, choose tasteful handbag and jewelry from any shop of your liking! You’ll be ready in no time for whatever the day may bring you!

    Casual Outings

    If you want to have a relaxed look for an informal event, black dress is the way to go. Complete your ensemble with sneakers or flats that offer comfort and style simultaneously. Adding denim or leather jacket can also add more of a modern touch to it. Accessorizing with bag and fancy jewelry creates the ideal casual outfit great for spending time outside with friends. For this flawless day out fit, pair these fashion items together into one perfect package!

    The Perfect Fit: Choosing the Right Accessories at Lambert Pawn

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    Choosing the perfect additions can help take your little black dress ensemble to another level. At Lambert Pawn, you’ll find a plethora of quality items like diamond tennis bracelets, luxury watches and handbags, as well as chic diamond pendants that will enhance any look! These stylish accessories will give an extra touch of glamour to complete your outfit.

    Diamond Tennis Bracelet

    Diamond tennis bracelets can give a wrist an extra touch of sparkle and sophistication. This style is composed of diamonds perfectly aligned in an unbroken pattern, arranged to fit just slightly around the wearer’s arm without being overly tight—space for one finger should be present between the bracelet clasp and skin.

    The origin story behind this accessory began with former top-ranked world No 1 player Chris Evert who was seen wearing it at 1987 U.S Open tournament match.

    Luxury Watch

    Luxury Watches and designer jewelry

    When you’re considering investing in a luxury watch, think about the type of occasions for which it would be worn, and what suits your lifestyle best. To ensure it is reflective of your personal style, some popular brands include Dior, Chopard, Bulgari and Ralph Lauren. Specifically looking at black watches? Consider getting Tudor Black Bay Ceramic or H Moser & Cie Vantablack Hands, as they look incredibly sleek when paired with any outfit! For those who prefer an automatic open-heart feature: The Rado True Square Automatic Open Heart has one. While Oris Aquis Date offers not only elegant design, but also functionality – making this timepiece worth every penny spent on it. As well as these iconic pieces, such as IWC Pilots Watch Chronograph 41 Top Gun & Montblanc Heritage Chronométrie, all will stand out against whatever ensemble chosen to wear them with!

    Luxury Handbag

    Luxury Handbags and post holiday cash

    A handbag, such a bag such as a designer clutch or crossbody bag can make an impressive statement and accentuate any outfit. These luxurious items are created using high-quality materials with attractive features like beading, sequins, or embroidery.

    The cost of purchasing one of these beautiful bags is variable (from hundreds to even thousands of dollars), but finding the perfect luxury handbag for your classic black dress ensemble will prove invaluable in completing the look you’re striving for. Shop now!

    Diamond Pendant

    Luxury Diamond Pendant

    For a hint of glamour to your outfit, opt for a diamond pendant necklace. When picking one out, consider the size and clarity, as well as which style best fits your look you’re going for. A high-quality diamond pendant will maintain its shine over time, an ideal accompaniment to any black dress ensemble that is both classic yet stylishly elegant. The perfect accessory could be exactly what’s needed with this timeless little number!

    Summary

    The classic, versatile little black dress is a timeless fashion staple that can be effortlessly transformed to fit any occasion. Through creative accessorizing and styling techniques with the multitude of styles available, you have free rein over your personal style – making it possible for your own signature look on each special event.

    Frequently Asked Questions

    What is the story behind the little black dress?

    The classic little black dress (LBD), created by Coco Chanel in the 1920s, has become a staple of fashion due to its simple yet elegant design. This affordable and versatile item defies convention, as it goes against the traditional notion of wearing mourning colors. Instead, offering an enduring look that can easily transition from evening or cocktail events throughout time.

    What did Coco Chanel say about little black dress?

    Coco Chanel famously declared her little black dress would stay in the memory forever, and that it would “wipe out everything else around” her life.

    Thanks to its timeless elegance and economy, the LBD is still popular today!

    When should you wear a little black dress?

    Every wardrobe needs a little black dress to be ready for spontaneous plans. It’s simple yet fashionable, and its versatility is unmatched! Throw on some accessories that fit the setting, and you’ll have an amazing outfit in no time.

    For both casual nights out or fancy events, it can’t get more perfect than a LBD, accessorized correctly, of course. The right combination will ensure your look fits each situation, while still being stylishly modern simultaneously!

    Are little black dresses still in style?

    The little black dress is a timeless piece that has been in fashion for years. Coco Chanel first popularized it in the 1920s, and since then, stylists have found ways to make this iconic outfit fit with current trends. It’s easy to understand why such an apparel item continues to remain so fashionable through all these decades! A perfect way of sprucing up any wardrobe, this stylish garment fits well into many occasions – no wonder it never goes out of style.

    How can I style my little black dress for formal events?

    To get ready for formal occasions, choose an elegant scarf and polished shoes, along with a belt or necklace, as the perfect accessory. Show off your sophisticated look! Make sure you always appear put together and impress all those around you.

    Put the pieces of this outfit puzzle together to create an eye-catching ensemble that screams elegance – think lux

  • Unlocking the Mystique of Precious Metals – No Gas Station Gold Here!

    Unlocking the Mystique of Precious Metals – No Gas Station Gold Here!

    When we think of precious metals, we’re not talking about those shiny trinkets you might find at a gas station. No, we’re diving deep into a world of natural wonders – rare metallic elements that have captured human fascination for centuries. These treasures are cherished for their scarcity, intrinsic beauty, and incredible utility in both industry and investment. So, let’s embark on a journey to discover the real stars of the metallic realm: gold, silver, platinum, and palladium.

    gold coins and gold bars scattered on each other

    Gold:

    Ah, the timeless allure of gold! This radiant metal, with its captivating luster, is one of the most celebrated and sought-after precious metals. But it’s not just about its shimmering appearance; gold boasts remarkable resistance to corrosion and a storied history as a reliable store of value. You’ll find gold adorning jewelry, enriching artistic creations, powering electronics, and even serving as a hedge against inflation.

    Silver

    Silver:

    Another heavyweight in the world of precious metals is silver, cherished for its extraordinary conductivity, malleability, and dazzling reflectivity. Beyond its role in crafting exquisite jewelry, silver finds purpose in the production of coins, vital applications like electrical contacts and solar panels, and as a trusted monetary metal.

    Precious Metal

    Platinum:

    A dense and corrosion-resistant marvel, platinum holds a special place among precious metals. It’s the secret ingredient in catalytic converters, a star in the world of high-end jewelry, a crucial player in electronics, and a valued asset in the chemical industry. Rarity and expense set platinum apart, ranking it above even gold and silver.

    Palladium:

    With versatility and value, palladium completes our quartet of precious metals. This metal powerhouse joins platinum in the realm of catalytic converters and electronics. It also takes the spotlight in dentistry and jewelry, proving its worth alongside its prestigious counterparts.

    These precious metals are more than just pretty faces – they possess a formidable array of characteristics that make them highly desirable. Rarity, resilience, and resistance to the ravages of time set them apart. Throughout history, they’ve served as mediums of exchange, repositories of wealth, and symbols of opulence and prestige.

    Beyond their aesthetic and industrial applications, precious metals shine as invaluable diversification tools in investment portfolios. They provide a stalwart defense against economic uncertainty and inflation, offering a safe haven for investors in turbulent times.

    The world of precious metals is complex, influenced by many factors. Industrial demand, the sparkle of jewelry, central bank policies, geopolitical events, and the ebbs and flows of investor sentiment all play pivotal roles. Trading in precious metals occurs through various channels, including bustling bullion markets, futures contracts, the convenience of exchange-traded funds (ETFs), and the tangible allure of physical purchases from reputable banks and authorized dealers.

    So, the next time you hear about precious metals, don’t let your mind wander to gas station trinkets. Instead, envision a realm of rarity, resilience, and riches – a world where gold, silver, platinum, and palladium reign supreme.

    Gold

    All That Glittlers is Not Gold – Why Gas Station Gold Isn’t Real Gold

    In today’s world, where gold is a symbol of wealth and luxury, many people seek to acquire gold jewelry and other items. Unfortunately, not all that glitters is gold, especially when it comes to “gas station gold.”

    What Is Gas Station Gold?

    Gas station gold refers to gold jewelry or items often sold at gas stations, convenience stores, or other non-specialized retail outlets. These pieces are typically inexpensive and marketed as genuine gold, making them appealing to budget-conscious shoppers.

    You can also find “gas station gold” at fairs, peddled on the street as gold, or at a carnival. However, gas station gold is far from the real deal.

    Why It’s Not Real Gold

    1. Low Gold Content: Authentic gold jewelry is typically made from materials that are at least 14-karat gold or higher. Gas station gold, on the other hand, often contains very little actual gold content. It may be gold-plated or gold-filled, which means only a thin layer of gold covers a base metal. The gold layer is minimal and does not provide the same value as solid gold.

    2. Base Metal Composition: Gas station gold jewelry is commonly made from base metals like brass or copper, which are inexpensive and lack the durability and value of precious metals like gold. These base metals can tarnish, corrode, or cause allergic reactions when they contact the skin.

    3. Lack of Hallmarks: Authentic gold jewelry is typically stamped with hallmarks that indicate its purity and quality. Gas station gold items rarely bear such hallmarks, making it difficult to determine their true composition and value.

    4. Limited Warranty: Gas station gold is often sold with limited or no warranties. Authentic jewelers and goldsmiths stand behind their products with warranties that ensure the quality and authenticity of their gold items. The absence of a warranty is a red flag when purchasing gold jewelry.

    5. Unreliable Sources: Gas stations and convenience stores are not reputable sources for genuine gold jewelry. Authentic gold jewelry is typically purchased from established jewelry stores, goldsmiths, or reputable online retailers with transparent product descriptions.

    Lab Diamonds

    Why It Matters

    While gas station gold may be affordable, it’s crucial to understand why it’s not real gold and why this matters:

    1. Value for Money: Purchasing gas station gold can be a disappointment, as you may expect to own a piece of valuable gold, but end up with a low-quality item with little or no real gold content. In the long run, investing in genuine gold jewelry is a more financially sound decision.

    2. Durability and Allergies: Gas station gold often contains base metals that can tarnish, corrode, or cause skin irritations, especially if you have metal allergies. Authentic gold jewelry, on the other hand, is hypoallergenic and retains its luster over time.

    3. Resale Value: If you ever decide to sell your jewelry, gas station gold items are unlikely to have any significant resale value. Authentic gold jewelry, however, can retain or even appreciate in value over time.

    In the world of jewelry and precious metals, it’s essential to know what you’re buying. Gas station gold may seem like a convenient and budget-friendly option, but it falls short in terms of quality, value, and authenticity. When seeking to acquire real gold jewelry, it’s advisable to purchase from reputable sources, such as established jewelers or goldsmiths, to ensure that you’re getting the genuine article. Remember, not all that glitters is gold, and authenticity and quality should always be a top priority when it comes to something as precious as this precious metal.

    In a world where counterfeits and scams are becoming increasingly prevalent, ensuring the authenticity of your gold purchases is paramount. When you invest in gold, you want to be certain that what you’re buying is genuine, tested, and authenticated. One trustworthy destination for acquiring real gold with a solid reputation for reliability and transparency is Lambert Pawn Shop in Whittier, California.

    Lambert Pawn buys, sells, and pawns gold jewelry. They are experts in buying gold, and they have gold jewelry in their inventory at a fraction of the cost of buying a piece new. 

    A Trusted Name in the Industry

    Lambert Pawn Shop has been serving the Whittier community and beyond for many years, earning a reputation as a reliable and customer-focused establishment. Their experienced team is well-versed in appraising, testing, and authenticating gold items. Whether you’re a seasoned investor or first-time buyer, Lambert Pawn Shop provides a safe and knowledgeable environment to make your gold purchases.

    The Importance of Authenticity

    Buying gold is not just about owning a precious metal, but also about preserving and growing your wealth. Authenticity plays a crucial role in this endeavor. Counterfeit gold can lead to substantial financial losses, making it essential to purchase from reputable sources like Lambert Pawn Shop.

    How Lambert Pawn Shop Ensures Authenticity

    Lambert Pawn Shop uses a rigorous process to verify the authenticity of gold items. Here’s how they do it:

    1. Expert Appraisers: Lambert Pawn Shop employs skilled appraisers with years of experience in the industry. These experts can quickly recognize the unique characteristics of genuine gold, including its weight, purity, and markings.

    2. Professional Testing: To confirm the authenticity of gold items, Lambert Pawn Shop uses cutting-edge testing equipment. These tools can determine the exact composition of the metal, ensuring it meets the stated purity level.

    3. Transparency: Lambert Pawn Shop values transparency in every transaction. They will openly share their findings and provide you with all the information you need to make an informed decision. If a piece does not meet their authenticity standards, they will not hesitate to inform you.

    4. Fair Pricing: One of the hallmarks of Lambert Pawn Shop is their commitment to offering fair and competitive prices for authentic gold. They take into account the current market conditions and the quality of the gold, ensuring that both buyers and sellers receive a fair deal.

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    The Variety of Gold Available

    Whether you’re interested in buying gold coins, bars, jewelry, or other forms of gold items, Lambert Pawn Shop offers a diverse selection. Their inventory includes various types of gold, allowing you to choose the option that aligns with your investment goals and personal preferences.

    Exceptional Customer Service

    Lambert Pawn Shop’s dedication to customer satisfaction sets them apart. Their friendly and knowledgeable staff are always ready to assist you, answering any questions you may have and guiding you through the buying process. Their commitment to transparency, fairness, and authenticity ensures a positive experience for every customer.

  • Demystifying Gold Varieties in Jewelry: Gold Plated, Vermeil, Gold Filled, & Solid Gold

    Demystifying Gold Varieties in Jewelry: Gold Plated, Vermeil, Gold Filled, & Solid Gold

    Gold has held a timeless allure as a symbol of wealth, beauty, and prestige for centuries. In the realm of jewelry, its versatility and lustrous appeal make it a perennial favorite. However, not all gold jewelry is created equal. The jewelry market boasts various gold options, each with distinct characteristics and value propositions. In this exploration, we delve into the intricate world of gold jewelry, shedding light on Gold Plated, Vermeil, Gold Filled, and Solid Gold pieces to help you make informed decisions when selecting your precious adornments.

    Gold Plated Jewelry

    Gold Plated Jewelry: A Glimpse of Luxury

    Gold plated jewelry is a popular entry point for those looking to embrace the elegance of gold without the hefty price tag. This type of jewelry consists of a base metal, often brass or sterling silver, coated with a thin layer of gold using a process called electroplating. The allure of gold plated jewelry lies in its affordability and ability to achieve the luxurious appearance of gold at a fraction of the cost. However, it’s important to note that the thin layer of gold can wear off over time, revealing the base metal underneath. To ensure the longevity of gold plated pieces, it’s advisable to handle them with care, avoid exposing them to harsh chemicals, and remove them before activities that may lead to friction and abrasion.

    Vermeil Jewelry: The Gilded Excellence

    Vermeil jewelry marries the opulence of gold with the refinement of sterling silver, resulting in pieces that exude timeless elegance. Vermeil is characterized by a base of sterling silver that is coated with a substantial layer of gold, often around 14 to 24 karats. Unlike gold plated jewelry, the gold layer in vermeil is thicker and more durable, making it less prone to tarnishing and wear. This makes vermeil an attractive option for those seeking a balance between quality, appearance, and price. When investing in vermeil pieces, look for reputable jewelers who adhere to strict quality standards, ensuring that the gold layer remains intact and radiant over time.

    Gold Filled Jewelry

    Gold Filled Jewelry: Durability and Beauty Combined

    Gold filled jewelry is a fusion of longevity and aesthetics, making it a coveted choice among jewelry enthusiasts. This type of jewelry features a thick layer of gold bonded to a base metal core, often brass. The gold content in gold filled pieces is typically higher than in gold plated jewelry, making them more durable and resistant to fading. Gold filled jewelry retains its luster and elegance over time, making it a smart investment for those seeking jewelry that can withstand daily wear and tear. While gold filled pieces are more durable than their plated counterparts, they are more affordable than solid gold, striking a balance between quality and cost-effectiveness.

    Prong Settings

    Solid Gold Jewelry: The Ultimate Expression of Luxury

    Solid gold jewelry is the epitome of luxury, embodying timeless elegance and enduring value. Crafted entirely from gold, these pieces are a testament to the precious metal’s beauty and rarity. Solid gold jewelry is available in different karats, which indicate the purity of the gold. The most common types are 14k, 18k, and 24k gold. While 24k gold is pure gold, it is relatively soft and malleable, making it less suitable for intricate designs. Therefore, 14k and 18k gold, which are alloyed with other metals for added strength and durability, are often preferred for jewelry. Solid gold pieces boast a rich color that won’t fade or tarnish, and offer a lifetime of enjoyment and heirloom potential. However, their premium quality is reflected in their price.

    Gold Ring

    Choosing the Ideal Gold Jewelry for You

    When it comes to selecting the perfect gold jewelry, several factors come into play, ranging from your personal style to your budget and preferences. If you’re looking for a budget-friendly way to bask in the allure of gold, considering gold plated or vermeil pieces could be a fitting option. For those in search of enduring elegance and robustness without the hefty price associated with solid gold, investing in gold filled jewelry could prove wise. And if you’re prepared to make a significant investment for the ultimate statement of opulence, solid gold jewelry undoubtedly reigns supreme.

    It’s essential to factor in your daily routine and how you intend to flaunt your jewelry. Pieces that will see frequent use and potential wear and tear might benefit from the longevity and sturdiness of gold filled or solid gold selections. Ultimately, the decision is anchored in your individual preferences and values, reflecting the essence of who you are.

    Moreover, if you’re considering pre-owned gold jewelry thoroughly tested and authenticated, Lambert Pawn is your invaluable resource. With a commitment to offering a curated collection of pre-owned gold jewelry, Lambert Pawn ensures every piece undergoes meticulous testing and authentication. This process guarantees the genuineness of the gold and provides you with a seamless way to embrace the beauty of gold without compromising quality or authenticity.

    Whether you’re intrigued by the budget-conscious charm of gold plated or vermeil jewelry, the enduring appeal of gold filled pieces, or the unparalleled luxury of solid gold adornments, your journey to find the perfect gold jewelry is an exploration of your individuality. Each piece carries the legacy of craftsmanship, beauty, and history, echoing the story you wish to express through your adornments.

    The world of gold jewelry offers a spectrum of options, each with its unique allure and characteristics. Whether you’re captivated by the affordability of gold plated pieces, the refined beauty of vermeil, the durability of gold filled jewelry, or the timeless elegance of solid gold, there’s a gold variety to suit every taste and occasion. Embrace the journey of discovery and adorn yourself with the gold that speaks to your soul, knowing that the stories of craftsmanship, beauty, and legacy are woven into every piece you wear.

  • Everything You Need to Know About Pawn Loans

    Everything You Need to Know About Pawn Loans

    Everything You Need to Know About Pawn Loans

    When you find yourself in a tight financial spot, you may need to explore alternative ways to get the money you need. Pawn loans are one option that you may not have considered before. This type of loan can be a great solution when you need cash quickly and have valuable items to use as collateral. 

    In this blog post, we’ll explain what pawn loans are, how they work, and the pros and cons of using them. We’ll also give you some tips on what you should consider before taking out a pawn loan, to make sure you’re making the right decision for your financial situation.

    What are Pawn Loans?

    Pawn loans are a unique type of loan that involves putting up something of value as collateral. They are also commonly known as collateral loans, as the borrower puts up an item of value in exchange for the loan. The item used as collateral can vary widely, including jewelry, electronics, musical instruments, or even a car.

    The pawnbroker then assesses the value of the item to determine the amount of the loan. The loan is usually a percentage of the item’s value, and typically ranges from 25% to 60% of the item’s value. The pawnbroker holds the item until the loan is repaid, including any interest and fees that may be incurred.

    Luxury Watches

    The terms of a pawn loan can vary depending on the pawnbroker and the state you’re in. Typically, pawn loans are short-term loans, usually ranging from one to four months. If the borrower repays the loan and any interest by the agreed-upon date, they can retrieve their item. If they fail to repay the loan, the pawnbroker has the right to sell the item to recoup the loan amount and any interest owed.

    It’s important to note that state and federal laws regulate pawnbrokers, and there are guidelines in place to protect borrowers. For example, pawnbrokers are required to disclose the terms and fees associated with the loan, including the annual percentage rate (APR). They are also required to hold items for a certain period before selling them, giving borrowers a chance to repay the loan.

    Care of Electric Guitars

    How do Pawn Loans Work?

    Pawn loans are straightforward. You bring an item of value to a pawnshop, and the pawnbroker appraises the item to determine its value. Based on that value, the pawnbroker will offer you a loan amount. If you agree to the loan amount, you’ll need to sign a contract that specifies the terms of the loan, including the interest rate, the due date, and any other fees. You’ll then receive the cash loan, and the pawnbroker will hold onto your item as collateral.

    The interest rate on a pawn loan can vary depending on the pawnshop and state you’re in, but it typically ranges from 10% to 25% per month. Most pawn loans have a term of 30 days, but you can often extend the loan by paying the interest and fees.

    Pawn Loan

    Pros of Pawn Loans

    There are several advantages to pawn loans, including:

    1. No credit check required: Pawn loans do not require a credit check. This can be a huge advantage if you have bad credit or no credit history;
    2. Quick and easy: Pawn loans are quick and easy to obtain. You can usually get the money you need within a few minutes;
    3. No risk to your credit score: If you’re unable to repay the loan, it won’t affect your credit score. 

    Cons of Pawn Loans

    There are also some disadvantages to pawn loans, including:

    1. High interest rates: The interest rates on pawn loans can be quite high, ranging from 10% to 25% per month. This can make them an expensive option;
    2. Risk of losing your item: If you’re unable to repay the loan, you’ll lose your item of value;
    3. Limited loan amounts: Pawn loans are typically limited to a percentage of the item’s appraised value, so you may not be able to borrow as much as you need.
    collateral loans

    What to Consider Before Taking Out a Pawn Loan

    Before taking out a pawn loan, there are a few things you need to consider:

    1. The interest rate: Make sure you understand the interest rate and any fees associated with the loan. Otherwise, you will have to pay something, even if you do not have the right amount of money;
    2. Your ability to repay the loan: Make sure you can afford to repay the loan plus interest within the agreed-upon time frame. If you can’t, you risk losing your item of value;
    3. The value of your item: The loan amount will be based on the value of your item. You want to be certain of your comfort when it comes to the amount you’re borrowing.

    When you find yourself in a financial bind, pawn loans offer a unique way to obtain quick cash without a credit check or extensive paperwork. By using an item of value as collateral, you can borrow the money you need and get back on your feet in no time.

    But before you rush to your nearest pawn shop, it’s important to understand the potential risks involved. Pawn loans come with high interest rates, which means you’ll pay more in interest than with a traditional loan. Additionally, if you’re unable to repay the loan plus interest within the agreed-upon time frame, you risk losing your collateral.

    That being said, there are many benefits to pawn loans, which make them a great option for those in need. For starters, they’re a quick and easy way to obtain cash. They don’t require a credit check, which means they’re accessible to people who may not qualify for traditional loans. 

    Plus, unlike other types of loans, you won’t be saddled with long-term debt, and you won’t have to worry about your credit score being impacted if you’re unable to repay the loan. Overall, a great option, you just need to be careful!

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    Lambert Pawn 

    When you are considering a pawn loan, Lambert Pawn is ready to help. 

    Whittier’s Trusted Pawn Shop for over 10 years

    The shop is a full service licensed California pawn shop serving the beautiful cities of Whittier, Rowland Heights, El Rancho, Hacienda Heights, La Habra Heights, East Whittier and La Habra, California. They pride themselves in providing financial services in a fast and courteous manner. With over 25 years of combined experience in the pawn industry, they have the flexibility to lend you the maximum dollar amount possible on almost anything of value.

  • Where To Find a Lady Dior Bag Near Me?

    Where To Find a Lady Dior Bag Near Me?

    Where to Find a Lady Dior Bag Near Me: Lambert Pawn Shop

    The Lady Dior bag epitomizes the House’s vision of elegance and beauty.

    Dior and Luxury

    Christian Dior is a French luxury fashion house founded by the eponymous designer in 1946. While Dior is best known for its haute couture clothing, the brand also produces a range of accessories, including handbags.

    The first Christian Dior handbag, the “New Look” bag, was introduced in 1947, the same year as the iconic Bar suit. The New Look bag was designed to complement the feminine and sophisticated style of Dior’s clothing, with its elegant shape and luxurious materials. It featured a structured frame and top handle, and was often made from exotic materials such as crocodile or lizard skin.

    Over the years, Christian Dior has introduced many handbag styles, including the Lady Dior, introduced in 1994 and quickly became a fashion icon. The Lady Dior bag features a quilted design and a distinctive “D.I.O.R” charm hanging from the handle.

    Other notable Christian Dior handbags include the Saddle bag, introduced in 1999, with a curved, equestrian-inspired shape, and the Book Tote, a large, rectangular bag that can be customized with the customer’s initials.

    Christian Dior handbags have become a symbol of luxury and status, and are highly coveted by fashion enthusiasts around the world. They continue to be a key part of the brand’s accessories offering, and are often featured in the brand’s fashion shows and ad campaigns.

    Dior Handbag

    What is a Lady Dior bag?

    The Lady Dior bag is a luxurious handbag created by the French fashion house Christian Dior. It was introduced in 1994 and has become one of the brand’s most iconic and recognizable designs.

    The Lady Dior bag features a quilted design with a cannage pattern inspired by the Napoleon III chairs that Christian Dior himself loved. It is typically made from high-quality leather, but may also be produced in other materials, such as exotic skins.

    The bag is structured and boxy, with top handles and a detachable shoulder strap, allowing it to be carried by hand or worn over the shoulder. It is adorned with a distinctive “D.I.O.R” charm hanging from one of the handles, often made of metal or covered in the same material as the bag.

    The Lady Dior bag comes in various sizes and colors, and may be embellished with additional details such as embroidery or beading. The Lady Dior bag has been celebrated for its versatility, aesthetic, and purposeful design.

    It has been worn by numerous celebrities and is often seen on the red carpet and at high-profile events. The bag’s classic yet modern design has helped it become a timeless icon in the world of luxury handbags. The Lady Dior Bag is eternally linked to Lady Diana, Princess of Wales. She was gifted the handbag and was so delighted she ordered all available colorways.

    Luxury Handbags and post holiday cash

    What Luxury Handbags are Compartable to the Christian Dior Handbag?

    There are several luxury handbag brands that can be compared to Christian Dior in terms of quality, craftsmanship, and design. Here are some examples:

    1. Chanel: Chanel is one of the most iconic luxury handbag brands, known for its timeless designs and impeccable craftsmanship. Like Christian Dior, Chanel uses high-quality materials and pays great attention to detail.

    2. Hermes: Hermes is another French luxury brand renowned for its luxurious handbags. The brand is famous for its Birkin and Kelly bags, which are crafted from the finest materials and require exceptional craftsmanship.

    3. Louis Vuitton: Louis Vuitton is a luxury brand famous for its monogrammed handbags. Like Christian Dior, Louis Vuitton uses high-quality materials and has a distinctive design aesthetic.

    4. Gucci: Gucci is an Italian luxury brand known for its bold and flamboyant designs. The brand’s handbags are crafted from high-quality materials and often feature eye-catching embellishments.

    5. Prada: Prada is an Italian luxury brand known for its minimalist designs and exceptional quality. Like Christian Dior, Prada uses the finest materials and pays great attention to detail in its craftsmanship.

    All these luxury handbag brands offer high-quality products comparable to Christian Dior in terms of quality, craftsmanship, and design. Ultimately, the choice of which brand depends on your personal preferences and style.

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    Lambert Pawn Shop

    Lambert Pawn Shop is located in Whittier, CA and has a large inventory of luxury handbags. Depending on the type of pre-owned bag you are shopping for, you can find a Lady Dior handbag in their store. The bags made by the luxury manufacturers each have a strong history, craftsmanship and materials that set them apart from other manufacturers.

    If you are looking for a canvas bag, crossbody bag, small bag, Lady Dior Bag, black lambskin bag, or other unique quality in a luxury handbag, shop at Lambert Pawn. They have a large selection.

    They also accept luxury handbags for pawn and to purchase for quick cash. Stop in and see them today.

  • Start Looking At Pawn Shop Rings – It May Be Time To Buy

    Start Looking At Pawn Shop Rings – It May Be Time To Buy

    Start Looking At Pawn Shop Rings – It May Be Time To Buy

    Gold Price is Down

    With gold prices down by 2%, it may be the perfect time to buy gold and silver, gold engagement rings, wedding ring, estate jewelry, diamond rings, and gemstones set in a precious metal, or any of the other great deals you can find at a pawn shop to add to your collection of gold and silver.

    Gold prices dropped Monday, June 13th, due to a surging dollar index. This was based on predictions of the Federal Reserve raising interest rates by September. Investors quickly lost the appeal for gold, silver, and other precious metals and the spot price fell.

    Gold spot fell to $1,832.76, making it an excellent time to buy gold and silver jewelry, bars, and coins to sit on for future sales. According to JP Morgan, gold has been in a tug a war between its pricing drivers, with firm inflation being countered by bets for aggressive policy responses.

    Buy Low Sell High = Money

    As consumers look to purchase gold and silver, purchases made when the spot price is down makes good sense. Sitting on gold is an option if you aren’t in a hurry and you can watch the spot price to know when to liquidate. Buy low, sell high, is a rule of thumb. 

    Consumers of the precious metals available today can determine what they have to spend on precious metals with the knowledge that they may have to sit on the purchase for some time before the market comes back up, and they can then take advantage of making a deal to sell their precious metals. 

    The cost of doing business is time and the disadvantage of tying up funds on a good deal you got on gold or silver without knowing when you can get a return on your investment.

    Large Inventories

    Pawn shops have extensive selections of wedding sets, engagement rings, princess-cut diamond rings set in gold, silver, silver jewelry, pendants to mark an engagement date, and loose diamonds, all at a reasonable price.

    Most jewelry stores sell fine jewelry to a buyer with a huge mark up. It is a known fact that purchasing from jewelry stores expensive. The cost supports the jewelry store’s advertising, marketing, and profit margins.

    Pawn shops buy a diamond ring from a customer who decides they would like a new jewelry piece, so the customer decides to liquidate their current ring. Sometimes pawn shops buy a gold ring outright because the customer needs quick cash to make a payment or meet unexpected emergencies.

    Pawn shops take in fine jewelry, gold, silver, and other items like electronics, musical equipment, name-brand sneakers, name brand tools and work with their customers to get the money they need.

    If a customer has an engagement ring that is made of diamonds and gold, but  a breakup happened, the customer might decide selling the ring is the best recourse. You on the hunt for gold at a lower spot price mightbe able to purchase that engagement ring and add it to your pile of gold to hold onto until gold spot prices rebound.

    Top Dollar

    Pawn shops pay top dollar after appraising a valuable piece of fine jewelry, and payment is made before the customer leaves the store. This creates an ideal solution for someone needing money fast and a better deal for you looking to buy pre-owned gold rings, gold necklaces, gold bracelets, and other high-end gold jewelry for the best value.

    gold rings
    Gold Rings

    Gold Jewelry

    Gold is a durable precious metal that does not tarnish, rust, or corrode. Pure gold (24k) is malleable, so it is easy to shape, bend, and craft when heated.

    Gold purity is measured in karates. The word carob is derived from the term karates, meaning the seeds used in ancient times to measure the weight of gold.

    Pure gold is usually mixed with other metals and alloys to give the precious metal strength and temper the bright yellow to a soft golden hue. The more metals are mixed with pure gold, the lower the karats.

    Most jewelry is made from 14k and 18k gold.

    Gold and Diamond Ring

    14k Gold

    14k gold is 58.3% pure gold and contains parts of different metals like silver, palladium, bronze, copper, zinc, and nickel. 14k white gold has a slightly different make-up of alloys and is coated in a protective rhodium plating. Rhodium is a shiny white metal that looks like platinum. The rhodium gives scratch protection and gives the jewelry piece a lustrous shine. 14k gold is an excellent choice for jewelry when paired with diamonds and gemstones like emeralds, sapphires, and rubies.

    18k gold

    18k Gold

    18k Gold is 75% pure gold and 25% other alloys like silver and copper. 18k gold is not as durable as 14k gold because it is softer. 18k gold is a good choice for an engagement ring, wedding ring, a gold pendant, or gold earrings. 18k gold complements gemstones with green, red, and blue colors and sets a luxurious background for sparkling diamonds.

    What Shop is Best When Shopping for Gold

    Jewelry stores have diamond experts who can tell you about diamonds, fine jewelry, and gold. The downside is jewelry stores have huge markups on their jewelry, making the price higher than what you can find in an alternative shopping situation.

    Online shops, eBay, and the Marketplace are places to look for and purchase gently used gold jewelry. One of the drawbacks is you can’t be guaranteed that what you are buying is genuine and authentic. Sometimes gold plated jewelry appears to be gold, but it is mainly made from an alloy. Making a purchase even if the price is reasonable is no longer a sweet deal when you discover that what you purchased is fake.

    Pawn shops are in the business of buying, selling, and writing pawn loans using precious metals, engagement rings, wedding rings, and other fine jewelry as collateral. Pawn shops offer free appraisals, and most stores test the items that come in to ensure that what they are buying or loaning against is real. Pawn shops wouldn’t stay in business long if they wrote loans against or bought something fake.

    Lambert Pawn Shop in Whittier CA

    Lambert Pawn Shop

    Lambert Pawn Shop is located in Whittier, CA, and offers quality pawn services. They are skilled in buying, selling, and writing short-term loans. With over 25 years of combined experience providing quality services, the experienced pawnbrokers will work with each customer to lend the maximum dollar amount possible on anything of value.

    Retail and online store

    They have a large inventory of engagement rings, fine jewelry, wedding rings, gold necklaces, and other high-end items for sale on their retail floor and through their online shop.

    Conveniently open six days a week, they can help whether you are looking to pawn an item, sell an item, or purchase a gold item for your future liquidation when the gold market rebounds. You can email them a picture and description of what you would like to bring in for appraisal, and they will give you a quote right away.

  • How to Know When to Sell your Gold

    How to Know When to Sell your Gold

    Many large and impressive investment portfolios include commodities such as gold. And as with any investment, knowing when to buy and sell is a matter of understanding the ebb and flow of the current market. The good news is, if you are looking to sell your gold jewelry pieces or scrap gold that you own, you most likely do not need to drown yourself in quite so much knowledge. However, knowing when it’s a good time to scrap your gold for cash is in your best interest.

    How to Know When to Sell your Gold 

    How to Know When to Sell your Gold

    An easy way to determine when might be a good market time to part with your unwanted gold jewelry is when the American dollar is strong. The American dollar has been consistently strong in 2016 and is expected to continue to trend upwards. The reason that this is important is likely somewhat obvious: when you trade in your unwanted gold for cash, you are basically trading gold for dollars with the buyer. If you sell your gold when the dollar is strong, the dollars you receive from the trade will go farther than if you sell your gold when the dollar is weak.  

    A big temptation for a lot of sellers is holding onto their gold until the “optimal time”.  Unfortunately, recognizing the optimal time is about as difficult as predicting the future for most anyone, and especially for amateur commodity dealers. The best tip for those of you tempted by this train of thought is to look at what the market trends have been over the last 12 months. If the dollar has been strong and the price of gold has been positive consistently, take the jump and sell. Don’t overthink it or wait too long and miss out on a positive situation.

    If you decide it is the right time for you to sell your unwanted gold, shop around for the best buyer and highest bid. Also, make sure you know the current value of gold by checking a reputable source like www.goldprice.org. We here at Lambert Pawn are one of the leading gold buyers in the Whittier, CA area. Have questions about buying or selling gold? Contact us or stop in and see us with your gold pieces. 

  • How to Tell if your Gold is Real

    How to Tell if your Gold is Real

    In need of quick cash? One of the most common items pawned for quick cash is gold. It can be difficult to distinguish real solid gold pieces from gold plated or fashion jewelry by sight alone, though.

    So what is the best way to determine if your gold is real and can be pawned for money? The hands down best way is to take your gold jewelry to a certified jeweler or licensed pawn shop that buys gold, and have it tested. Keep in mind that anything that tests less than 10 karats is not considered real gold.

    How to test if gold is real

    If you are curious right now about whether or not your gold is real, here are 4 of the most common home tests you can try to test if your gold is real. Beware not all gold tests are fool proof.

    4 Ways to Test if your Gold is Real

    • Take a bite out of it. We’ve all heard you can check if gold is real by biting down on it. If it is real gold, your teeth will leave bite marks.
      • While the above is true, it is important to consider that even gold-plated items will show indents from bite marks.
      • This gold test method is not recommended as it can cause damage to your teeth.
    • Take a peek. Gold pieces often have engravings or markings verifying the karat of the gold.
      • Unfortunately, counterfeiters are smart and can easily engrave a fake piece to make it look as if it’s real gold.
      • Engravings may fade after years of wear and no longer be visible.
    • Discoloration is a major sign of a counterfeit piece. If there are any areas where the color of the gold is wearing off and you can see other metal peeking through, it is gold plated at best. Discoloration typically occurs on the edges of jewelry pieces where there is constant friction.
    • Get a magnet! For this gold test to work, you are going to need a magnet stronger than your typical refrigerator magnet. If the gold piece sticks to the magnet, it is not real. Gold is NOT magnetic.
      • Unfortunately, this is also not a fool-proof gold test as counterfeit gold pieces can be made with non-magnetic metal as well.

    In short, leave the gold testing to the pros. If you want to be certain your gold piece is 100% gold, find a local certified jeweler or stop in our store.

  • 5 Luxury Items You Can Pawn for Money

    5 Luxury Items You Can Pawn for Money

    Sometimes you need to get cash quickly for short term use. You may find yourself looking around your house, wishing that you could get money for some of your valuables. You’ll be happy to know that you can, in fact, pawn luxury items. This works much the same way it would if you were to sell them for a profit – except that in this case, you have the option to get your items back. So if you’re looking for cash for a purely short term need, here are five luxury items you can pawn.

    Luxury Items to Pawn for Money

    5 Luxury Items to Pawn for Money

    1. Designer Goods Have a high-end bag you know is not a fake? Or designer sunglasses, shoes or other goods? All of these things can hold their value – or even increase. As a result, they are items that you can pawn for money. If you’re not ready to part with them forever, you just have to pay back the loan before it’s due. This way you can get the cash you need and keep your wardrobe stylish.
    2. Jewelry Whether your jewelry is gold or another precious metal, it can be pawned. Whether the stone is a diamond, other precious gem, or doesn’t have a gemstone at all, it can be pawned. Of course, the type of metal, size, type of stone, and so on will determine how your jewelry is valued by a pawnbroker. Go in with a general idea of what your jewelry is worth today in order to facilitate the pawn loan and have a successful transaction.
    3. Cars Have an extra car sitting around? You may be surprised but many people do. Whether it’s an additional vehicle that you can live without for a short period of time or one you’ve restored and only drive occasionally, a car can get you access to quite a bit of short term cash. Be prepared to prove you’re the car’s owner and you’re on your way.
    4. Artwork Valuable paintings, sculptures and other high quality art pieces can help you obtain a pawn loan for money. These items are things you likely will not even miss from your home short term, making them great choices to pawn so you can get quick access to cash.
    5. Electronics Your phone, tablet, TV, laptop, gaming console – if it’s high-powered technology, it can be pawned. These items should be in good condition. The newer they are, the larger pawn loan you can obtain with them.

    The long and short of it is, if you have items that you would be expensive to replace and are in good condition, they can likely help you to secure a pawn loan. Pawning your luxury items can be a great way to obtain cash in the short term and at great interest rates.

    If you have any questions about whether you can pawn a particular luxury items, don’t hesitate to contact us. We’re always happy to help.