Jewelry And Gold
We deal in jewelry and gold daily at Geauga Pawn and Alliance Loan Company in Newbury & Alliance, Ohio. Our pawnshop has an extensive selection of gold and silver rings, earrings, necklaces, pendants, and bracelets. Stop in today to view our selection or see what we can offer on gold and jewelry!
Items We Buy or Loan
You will get the best offer if your piece is well taken care of, clean, functioning, and visually appealing.
We regularly deal in:
- Precious metals including gold, silver, and platinum
- Sterling silverware
- Broken jewelry
- High-end watches, if in good condition
Valuing Your Gold Or Jewelry
The value for diamonds and other gemstones is primarily based on carat weight, but the color, cut, and clarity also play a role. Diamonds may be sold either set in a precious metal or loose. Gold purity is measured in karats. 24 karat is pure gold which makes it most valuable but because pure gold is extremely soft, it’s usually mixed with other metals to make it stronger which lowers the value.
Most gold pieces have markings indicating how many karats it is. If you can’t find a karat marking, the jewelry may be plated, but you can always test the purity of the gold using a gold test kit. Pawnshops use test kits to determine purity when a piece is unmarked. Gold is priced by the ounce based on purity, but the market value of gold can fluctuate rapidly.
You can follow us on Facebook to see our latest featured products for sale. Our pawn shops are regulated and licensed by the Ohio Department of Commerce (License # PB100167.000). For more information, contact Geauga Pawn and Alliance Loan Company today.