Gold Pawn Shop
Looking for a Gold Pawn Shop Loan Near Me?
We will beat any genuine offer you have received for a gold loan or purchase. There are no hidden fees, and we don’t charge any testing or refining fees. Turn your gold bullion, gold coins, gold jewellery, broken gold and scrap gold into cash today by pawning or selling your gold at our gold pawn shop.
Why choose us
Fast
Receive money in as little as an hour.
Expert
Trusted pawnbroker and jeweller for over 250 years.
Competitive
Accurate valuations and competitive loan rates.
Confidential
Discreet service with no credit checks.
Fast
Receive money in as little as an hour.
Expert
Trusted pawnbroker and jeweller for over 250 years.
Competitive
Accurate valuations and competitive loan rates.
Confidential
Discreet service with no credit checks.
Get a Free Quote NOW
0800 038 9839A FAST AND SIMPLE PROCESS
Contact us
Get in touch with us online,
in-store or by phone.
Accept Offer
RECEIVE YOUR OFFER FROM OUR
SPECIALISTS IN AS LITTLE AS 1 HOUR.
RECEIVE MONEY
ACCEPT THE AGREEMENT AND RECEIVE
THE MONEY VIA SAME-DAY BANK TRANSFER.
GETTING YOUR Gold TO US
WE OFFER SEVERAL OPTIONS:
IN-STORE
Bring your gold into one of our London stores today. You are welcome to book an appointment with our expert appraisers and they will be ready to meet you when you arrive.
COURIER SERVICE
Use our free insured Special Delivery courier service to send your gold to us, or we can send our courier to you to collect your gold. Receive money in 24 – 48 hours from your home.
STAFF COLLECTION
Have your high value gold collected by one of our staff members at a convenient time and place for you.
HOME VISIT
For high value gold, our specialists can come to you to value your luxury assets.
Valuing Your Gold
Our highly trained specialists consider many factors when valuing your gold to ensure we provide you with the most accurate and up to date valuation. The most important factors are:
PURITY
“Carats” stamped in the hallmark indicates the gold content or purity within an item. Gold purity ranges from 24 carats (ct) for pure gold to 9 carats (ct) which is only 37.5% gold.
TYPE
The type of gold can impact value. For example, gold coins, such as Krugerrands, can have a premium above the gold bullion value. If your gold item is branded or contains other materials, such as gemstones, this is also reflected in our loan estimates.
WEIGHT
Gold is traditionally sold by the pennyweight. Twenty pennyweights (DWT) equal 1 Troy ounce. This weight 31.1 grams.
MARKET VALUE
Our gold estimates are calculated using the daily gold trading price.
Security and Care
LOOKING AFTER YOUR GOLD
TRANSPORT
If you use our courier service to have your gold collected from your home or you send your items to us, they will be insured up to £20,000 during transportation.
If your gold is of high value you use our staff collection service, it will be insured up to £100,000 during transportation.
STORAGE
Whilst your gold is with us to be valued by our specialists or if your gold is under loan with us, it is stored in protective packaging in our highly secure vaults.
CARE
When your gold is with us, we take every step necessary to look after it. Our valuation specialists and inventory managers handle your gold with care to make sure your luxury valuables are returned to you in the same condition we received them in.
FREQUENTLY ASKED QUESTIONS
Why loan against your gold?
You have immediate access to cash without needing to sell your gold. The loan is secured against your gold which remains under your ownership for the duration of the loan.
Do you have a gold loan calculator?
While we don’t have an online gold loan calculator available for customers currently, we’re more than happy to assist you personally with loan estimates. When you get in touch with us, our team will provide a detailed offer based on the weight and purity of your gold items. We use the latest market rates and consider various factors to give you an accurate loan value based on todays gold loan rate. This personalised approach ensures you receive an accurate offer for your specific needs. Contact us directly, and we’ll guide you through the process.
Will the price of gold increase?
Gold is often considered to be a long-term investment that will often increase in price when times get challenging. That being said, the spot price of gold has increased a lot recently. Because the spot price is high, the base price of all gold jewellery has risen, which affects everything made of gold. Therefore if you have old necklaces, rings, earrings or other gold items, right now is the time to look at turning your old jewellery into cash.
Should I scrap or pawn my gold?
Because the gold price is so high, a lot of people are scraping beautiful pieces unnecessarily. We have seen a lot of well-made, antique-quality pieces melted down because right now it is easy money. Instead of scrapping your gold jewellery and not claiming the full value, you could get a secured cash loan against it from a London pawnbroker like Suttons and Robertsons. We know the antique jewellery market and the actual value of your items, and we are experts in luxury watches and jewellery.
How is gold valued?
Gold is traditionally sold by the pennyweight. Twenty pennyweights (DWT) equal 1 Troy ounce. This weighs 31.1 grams. “Carats” stamped in the hallmark indicates the gold content within an item. The percentage of gold in jewellery ranges from 24 carat (24ct) for pure gold down to nine carat (9ct) which only contains 37.5% of the metals are gold.
What is a hallmark?
British hallmarks are impressed into precious metals typically include an assay office mark that certifies its purity, a letter representing the date a maker’s mark. Hallmarks originated in 14th Century London to represent the mark of Goldsmith’s Hall of Worshipful Company of Goldsmiths. The Hall still maintains a record of all British hallmarks.
How is silver valued?
This depends on the item. Silver may be valued solely for its weight, but its hallmark, condition, pattern, desirability, and any antique value can also influence its value along with recent comparative prices. Pure silver is also called ‘Sterling’ silver bears a lion hallmark that proves it is 92.5% pure.
Can I pawn my gold online?
Yes. Suttons and Robertsons is a UK based in-store and online gold pawnbroker. If you want to transact with us from home, rather than coming into one of our stores, you can apply online and use our secure home collection service. If you use our home collection service and decide you don’t want to accept our loan offer, we will arrange for your item(s) to be returned to you free of charge. Alternatively, you are welcome to collect your item(s) in-store.
Can I pawn palladium?
The luxury metal that looks like white gold and costs more than 24k white gold. The appealing factor about palladium is that it can be bought in the same formats as gold – in bullion, coins or chains. Yet unlike gold, it has increased in price more consistently. If you have value locked up in Palladium, it may be worth considering releasing the value in the form of a loan.
How much can I pawn my gold for?
We offer loans from £500 up to £2 million. Suttons and Robertsons can lend up to 70% of the value of your gold. This means that if you are pawning a gold krugerrand coin collection valued at £6,500, we could lend you up to £4,550.
What precious metals do you offer loans against?
You can pawn or sell all types of gold, platinum silver to us, though we only offer loans against silver if the weight is over 1.5kg.
Our Pawnbroking Loan Rates
Terms
All our loans are for 6 months and are secured against your valuables. Maximum APR (including all fees): 93.21%. Minimum and maximum repayment term of 6 months. These loans are redeemable at any point during the loan period. Only the loan amount and accrued monthly interest are payable if the loan is redeemed before the end of the loan term.
REPRESENTATIVE EXAMPLE
Loan amount of £1,000. Loan term of 6 months. Interest rate of 6.5% per month (fixed). Total interest of £390 over 6 months. Total repayable amount in one instalment is £1,390. Representative APR is 93.21% (including all fees).
Risk Warning: If the loan is not repaid, the assets may be sold.
Related Reading
5 Tips to Get the Most From Gold Investments
Gold is arguably the most reliable investment go-to on the planet. In 2020, when the unthinkable happened – that’s the price of oil plummeting – gold performed well. In fact, the price of gold went...
Chinese Gold: Ancient Traditions in Modern Times
In many cultures, a golden ring is a sign of marriage, with many scholars claiming the tradition began in Egypt 6,000 years ago. In many cultures, gold forms part of a dowry, as in India. Where it...
How to Turn Your Unwanted Jewellery Into Cash
If you have a jewellery case that is overflowing with pieces you no longer wear, or you have inherited something beautiful but it is not your style, it might be time to release the value get...