Best Pawn Shop Near Peabody, Massachusetts

Empire Loan in Lynn buys, sells, and offers pawn loans on gold, platinum, silver, and diamond jewelry to the residents of Peabody, Massachusetts! We provide our customers with quick & easy loans from as little as $26 to as much as $26,000 or more! All you need to do is bring your jewelry to Empire Loan to sell it or use it as collateral for a cash loan! We offer cash for all kinds of jewelry: broken items, loose earrings, and even flat-out ugly pieces that you just want to get rid of! The amount we offer for buys and loans on jewelry depends strictly on the scrap value of the metal, not what it appraises for or what you may have paid for it at retail.

So, you might be wondering, how does a pawn loan work? When you bring a gold, silver, diamond, or platinum piece of jewelry to our Lynn location, our pawnbrokers will weigh and test the jewelry to determine what we can offer you for a loan or buy. If you accept our offer, we’ll give you a ticket with the details on the jewelry (or other item) you brought in to secure the loan (the collateral) and a detailed description of the repayment terms. You can then redeem your loan and get your item(s) back any time by simply paying the amount borrowed plus any interest and fees that may have accrued! Pawn loans do not require any background checks or credit reports, all you need is a valid ID and you can have cash in your hand in no time! 

It’s important to note that the amount we offer for jewelry is not determined by appraisals or the retail price of the item, but rather by the scrap value of the metal and a small percentage of the wholesale value of any diamonds. The metal market is constantly changing, so the price we pay for your jewelry may change by the minute! At Empire Loan, we pride ourselves on transparency, which is why we provide real-time updates on the price of gold right here on our website!