Best Pawn Shop Near Saugus, Massachusetts

Empire Loan in Lynn buys, sells, and offers pawn loans on gold, silver, platinum, and diamond jewelry! If you have damaged jewelry, loose earrings, ugly pieces, or jewelry that you simply don’t want anymore, you can sell it to Empire Loan of Lynn or use it as collateral for a cash loan! We offer pawn loans ranging from $26 to $26,000 or more on all kinds of jewelry! The amount we offer for loans and buys is based on the scrap value of the precious metal and a percentage of the secondhand value of the item(s), not  what you paid for it at retail or what it appraises for!

Pawn loans are quick and easy to get; we do not require any kind of background check or credit report, so all you’ll need is a government issued ID and an item to use as collateral! When you bring a piece of jewelry to one of our stores, our staff will weigh and test the item to determine what we’re able to offer you. If you are happy with our offer, we’ll give you a ticket that includes the specifics about the item you brought in to serve as collateral for the loan as well as a detailed description of the repayment terms. You can then redeem your loan and get your item(s) back at any time by paying the amount borrowed plus any interest and fees that have accrued at that time!

The amount that we are able to offer you for your jewelry is determined by the scrap value of the metal for jewelry and a small portion of the wholesale value of any diamonds. For other items, the amount we offer is based on a percentage of the value of those items on secondhand retailers like eBay. Because the precious metals market is constantly fluctuating, the price we offer you for your jewelry can change by the minute! At Empire Loan, we pride ourselves on transparency, which is why we post up-to-date information on the price of gold right here on our website!