Parker Pawn & Jewelry

Parker Pawn & Jewelry Based in Fayetteville, NC Provides Instant Collateral Loans on Gold, Silver, Gold Jewelry, and Bullion

Needing Cash Right Now?

We Buy Gold, Bullion, Broken Gold Jewelry, and Gold CoinsThe holiday season can take a toll on bank accounts and your patience. There are so many things to buy for loved ones and the regular household bills just don’t stop coming in. Nothing is worse than getting through the holiday and finding out that you are short on cash and yet you have an unexpected emergency surface. Now what?

Pawn shops buy, sell, and loan on gold, gold jewelry, silver, silver coins, bullion, and other valuables. Precious metals are another item easily welcomed by pawn shops. Maybe you got a diamond ring or other diamond jewelry for Christmas and while you are putting it away in your jewelry box you notice you have other old gold jewelry and unwanted gold you just don’t like. That’s perfectly fine. A pawn shop will be happy to take a look at your valuable items and appraise them, making you an offer to buy. Most pawn shop brokers are in the business of buying and selling gold, scrap gold, engagement rings, fine jewelry, coins, rare coins, and other luxury items. They are in the business of buying diamonds and gold for the most cash they can.

You may have some broken scrap gold tucked away in baggies in your jewelry box. Take it by a pawn shop and see what they will offer you for it. They will check the current market prices – spot price and deduct a premium which is their cost of doing business and give you a quote. You can sell the scrap gold to them and get top dollar.

Silver and silver jewelry is also something you may have just taking up space in your drawer. Pawn shops will buy silver after appraising it. They will pay you for the silver according to the spot price of silver on the day you bring it in minus costs.

Whenever you are needing to sell your valuable items remember a pawn shop has a long history of buying, selling, and offering collateral loans. There are no credit checks or qualifying for a pawn loan because the collateral you provide is the guarantee of payment. It is a great way to get the money you need to pay those bills down without losing your valuables.


Do All Pawn Shops Have Gold Smiths?

Not all pawn shops will have a gold smith on duty but they will always have a qualified pawn broker with a long history of dealing with valuables. If you are looking to sell your gold or silver, sell jewelry, sell diamonds, sell musical instruments, or any other valuables check a local pawn shop out and see what quality service they have to offer.

What Does it Take to Be a Gold Smith?

A gold smith is someone who was an apprentice at a jewelry store for at least 48 months. The person works under a jeweler who is skilled and has years of experience in handling precious metals and gold. The apprenticeship is usually school-based and set up after the person takes various coursework related to gems, jewelry making, silver, gold, diamonds, precious metals, and the like. Some individuals have coursework and a degree in design and visual arts. Becoming a gold smith does not necessarily require a person to pursue a formal education and some gold smiths simply have years of experience.

Goldsmiths use polishing compounds and chemicals to process fine jewelry. They solder and finish jewelry and do ring sizing. They grade gold by determining the purity of the gold, 24k gold, 18k gold, 14k gold, 10k gold, and will do the same with silver. Pure gold (24k is 99.9% pure) will bring a higher spot price than 10k gold. Knowing the type of gold a customer has brings both the gold buyer and the gold seller confidence during a transaction.

Parker Pawn

Parker Pawn & Jewelry

Parker Pawn & Jewelry

We have three store locations in North Carolina. This includes the Owen Drive and Yadkin Road stores in Fayetteville and the Lillington Highway location in Spring Lake. Customers living in Eastover, Fort Bragg, Pinehurst, and surrounding areas are invited to visit our stores and meet our friendly team.

We buy, sell, and loan on gold, diamonds, jewelry, loose diamonds, diamond jewelry and pieces with gems, engagement rings, fine jewelry, precious metals, gold coins, silver coins, instruments, and other items.

If you find you need quick cash, come in and consider using your valuables for collateral on a pawn loan. Our terms are great and you will leave with cash in hand. We will work to get you the most value for your items which results in more cash.

Our pawn and loan services, provide you with an option to take loans of $20 to $100,000 at interest rates between 5-20%. Our company’s pawn service uses a system that gathers information from online prices, in-store quotes, and auction prices to determine accurate quotes. As part of our customer service delivery, we have an app that customers can use to track their loans and make payments.

We offer free consultations if you are looking to get an estimate on your precious metals. Here at Parker Pawn & Jewelry we have an in-house certified goldsmith and diamond assessor that provides appraisals that are consistent with market prices.

Parker Pawn & Jewelry

About Parker Pawn & Jewelry

Based in Fayetteville, North Carolina, and founded in 1955, the company specializes in instant loans and pawn services for gold and coins, diamonds, silver, jewelry, musical instruments, and more. Aside from its pawnshop operations, Parker Pawn & Jewelry participates in several community activities across North Carolina, including the Fayetteville City Police Special Olympics, and the Partnership for Children of Cumberland County.

A spokesperson said, “Whether you are selling, getting a loan, or looking to buy our high-quality merchandise, we are ready and willing to meet your needs. We work with our customers to ensure they get the best offer, even if their credit score is not where they would like it to be. No deal is too big for us.”

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Parker Pawn offers the best item-backed loans in the area. Our plans are flexible with a maximum repayment period of 10 years. Our interest rate is 2.9% per month or 35% APR when clients borrow 30%-50% of the liquid wholesale value of their pledged collateral over $10,000. For example, if you have an asset with a liquid wholesale value of $25,000 and borrow $10,000, your interest would be $291.66/month. If you borrowed the money for 3 months, your total payback amount would be $10,740. Loans greater than $50,000 can qualify for even lower rates.

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