The price of gold has come down from the historic highs of the past few years but there are still a number of ways to convert your old gold into cold hard cash. Cash for gold is a great way to get rid of unwanted goods and increase the money in your pocket.
For 30 years, Empire Loan in Massachusetts and Rhode Island has been showing customers how to get fast cash for their gold. Empire has made it easy. Simply stop into any of Empire’s eight locations with any kind of gold you have and in a matter of minutes, walk out with cash. Here are two fast and easy options:
Sell it: If you have old broken jewelry, loose earrings or jewelry from an Ex-boyfriend you’d rather forget, Empire Loan will pay you cash to take it off your hands. It doesn’t matter if it’s crushed or broken beyond all recognition. The staff at every location is trained to test and weigh it to determine how much they can pay you based on the current market price of gold. “We had one woman come in and sell a ziplock bag filled with jewelry from an old boyfriend. In a matter of minutes she walked out with over $1,000.00 in cash” said Michael Goldstein, Founder and President of Empire Loan. “It doesn’t matter what condition it’s in. Gold is gold and Empire will convert it into cash.”
Loan it: Since Empire Loan opened in 1985, their primary business has been lending people cash based on the value of their gold. A simple wedding band can be turned into a $75.00 loan based on the karat and weight of the gold. “The best part of that” says Goldstein “is that 90% of our pawn loan customers get their merchandise back”. It works the same as selling your gold except you get a little less money, but more importantly, you get to take it back when you pay the loan back. Pawn loans have been around for centuries and are a great way to turn your gold into cash without having to sell it.
You can still get cash for your gold: 10K, 14K, 18K or even 24K. Broken, damaged, loose earrings, out of style jewelry can all mean cash in your pocket.