Pawn My Handbag
Loans Against Your Chanel, Hermès, Louis Vuitton, Dior and Gucci Handbags
We offer short term pawn loans against your new or used luxury handbags. Highly desirable iconic handbags, such as the Hermès Birkin, can now be used as collateral for a loan. Get in touch with us today to receive a quote.
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 HANDBAG TO US
WE OFFER SEVERAL OPTIONS:
IN-STORE
Bring your handbag(s) 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 handbag(s) to us, or we can send our courier to you to collect your handbag(s). Receive money in 24 – 48 hours from your home.
STAFF COLLECTION
Have your high-value handbag(s) collected by one of our staff members at a convenient time and place for you.
HOME VISIT
For high-value handbag(s), our specialists can come to you to value your luxury assets.
Valuing Your Handbag
Handbags aren’t always bought to be used. Considered to be masterpieces in both design and craftsmanship, our specialists know their Hermes from their Chanel and will offer a valuation accordingly. The four most important factors for handbag valuation are:
BRAND AND MODEL
The brand behind your bag can be incredibly important to its valuation and the model can drive the price up even higher. The handbag market is active, with different models considered to be iconic. Brands, such as Hermes and Chanel, perform consistently well, while other brands, like Gucci, depend on the current market.
ORIGIN AND PROOF OF PURCHASE
How a handbag is presented to our experts can dramatically affect its valuation. A handbag that comes complete with its original packaging, dust cover, and its certificate receipt will help support the valuation. Including any add-ons that came with the bag – locks, keys, accessories – can increase the value of the handbag.
CONDITION
We see many handbags in mint condition, still in their wrappings. Others come with small scratches and evidence of wear and tear. However, handbags that have been used can still deliver a sound valuation, but this can depend on the brand.
MATERIAL
The material that a handbag is made from is just as important as the craftsmanship that goes into to each bag. Leather bags normally attract a higher valuation price than fabric or man-made material. Bags of the same model from the same brand, simply made from different materials, can have very different valuations.
Security and Care
LOOKING AFTER YOUR HANDBAG
TRANSPORT
If you use our courier service to have your handbag(s) collected from your home or you send your items to us, they will be insured up to £20,000 during transportation.
If your handbag(s) is of high value you use our staff collection service, it will be insured up to £100,000 during transportation.
STORAGE
Whilst your handbag(s) is with us to be valued by our specialists or if your handbag(s) is under loan with us, it is stored in protective packaging in our highly secure vaults.
CARE
When your handbag(s) is with us, we take every step necessary to look after it. Our valuation specialists and inventory managers handle your handbag(s) with care to make sure your luxury valuables are returned to you in the same condition we received them in.
FREQUENTLY ASKED QUESTIONS
What handbags do you lend against?
We primarily lend against Hermès and Chanel handbags, however, we would consider lending against handbags from other luxury brands if they met our minimum value threshold of £5,000.
Can I pawn my Hermes handbag?
Yes, you can. Hermes is a brand of handbag that has always had a high resale value, which helps when it comes to securing a pawn loan. The model is important to the valuation, with a Hermes Himalaya Birkin securing over £200,000 at auction. Our experts watch the market very carefully and this is reflected in your valuation.
Can I pawn more than one handbag?
Yes, you can pawn your entire handbag collection. You may find a crocodile Hermes is valued at a better price than a leather Gucci or a used Louis Vuitton is valued higher than a mint condition Stella McCartney. Our valuers use a set of conditions, including brand, model, condition and material, to base their assessment.
Can I pawn a used designer handbag?
We do accept designer handbags that have been used as well as bags that are still in their brand wrappings. We will assess your bag for signs of wear and tear and offer a valuation accordingly. A rare handbag that has been used could receive a higher valuation than a less sought-after model in mint condition.
Can I loan against my handbag?
Handbags are often purchased as investments and new releases can sometimes be very high in demand. It can depend on the brand, the model and the condition but brand-new bags can attract good valuations. Handbags do not have to be vintage to be considered as an asset for a loan.
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.
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