Blog

April 15, 2015

Premier Pawn Shop in San Francisco

Our team of expert appraisers are always on site and available to make you a generous cash offer on a wide range of various items you may have stored away. On our sales floor, we also have one of the best selections of vintage jewelry, and designer handbags in any pawn shop in the San Francisco Bay Area. Looking for a great deal? Look no further than SF Gold Buyer.

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August 10, 2013

Designer Bags

SF Gold Buyer is happy to announce that we now buy, sell and make loans on a wide range of designer handbags, wallets and luggage. Brands we feature—and seek—include Louis Vuitton, Chanel, Hermes, Dior, Gucci, Bottega Veneta, Fendi and Prada. Top prices paid.

 

To buy or sell designer bags, please visit our store:

Mon to Fri: 10 a.m. – 5 p.m.
Sat: 10 a.m. – 3 p.m.

We look forward to serving you and exceeding your expectations.

August 2, 2013

Pawn Loan Benefits

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There are times in life when you need quick cash for any number of reasons, but mostly it is because you need to catch up with some bills. You never know when an unexpected emergency will pop up, and that usually causes you to make tough decisions on what to pay for first.

If you have never been to a pawn shop before the concept is quite simple. They make loans on items that you provide as collateral. You can either sell the item outright to them for cash or you can pawn the item which is a loan. They pawn is usually for 30 days but can be extended for much longer as long as you pay a fee.

You get a loan based on the value of the items you bring in to pawn. Say you bring in a laptop computer, the pawn shop will assess the value of the laptop and based off of that they will loan you money. Now keep in mind if the laptop has a value of $500 you are not going to get anywhere near that in a loan. You may only get $150, but in order to get the laptop back after 30 days you will have to pay a fee on top of that which is usually 10% of the loan. You would have to pay back $165 dollars in 30 days or something close to that depending on the pawn shop and the laws in your state.

You can extend the loan past 30 days but then you are going to have to pay a much higher fee which is interest for each day that the item is held in pawn. However, there are many pawn loan benefits and if you are concerned about not being able to pay back the money to get the item, then that is a different concern of yours that you must figure out beforehand.

Pawn loan benefits can really help anyone in a money pinch since you can get quick cash on almost anything of value. You may be surprised to learn what items pawn shops will buy until you go into the store. They will buy household items, clothes, electronics, furniture, and even unused portion of gift cards. Depending on what state you are in, guns are big business in the pawn shops. You can get a nice loan for a well made gun if you truly are in need of more than a few dollars.

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Keep in mind that pawn loan benefits should be considered short term only and not something you want as a long term financial solution. Although you can make a career out of scouting for items then selling them at a pawn shop, so that is an option too.

If you aren’t concerned with the appraisal value being low and all you need is a few dollars to get your through the next week or two, then a pawn loans provide many benefits to you. But in now way should you rely on pawn shops as a way to make income each week because they simply do not pay enough. There are a lot of other buyers out there where you can get top dollar for items if you plan on making a career out of buying and selling used goods.

There are usually many pawn shops located within the same geographically area, so it is in your best interests to see if you can get a better deal at another shop if you think they are lowballing you. Although it can be frustrating because you know your item is worth a lot more than what they are offering, but you need to look at it from the pawn shops point of view. If you don’t come back for the item they are now out the money they loaned you, plus they need to sell the item in pawn. Sometimes it can take a very long time for these items to sell, and if the pawn shop misjudged the market they can easily lose money on a deal.

With pawn shops being showcased on reality television now more and more people see them as a viable alternative to getting a loan. Sometimes you just have stuff lying around your house that you want to get rid of, a pawn shop can easily take this off your hands. You may have no interest in getting top dollar for it or placing it for sale in classified ads, then meeting the people. All of that can be dangerous. A pawn shop is safe and a good way for you to divest yourself of some clutter and also get a few dollars in the process.

April 24, 2013

Testimonials from Our Clients

April 22, 2013

What We Buy

  • • Scrap Jewelry
  • • Coins & Currency
  • • Gold & Silver Bullion
  • • Platinum
  • • Diamonds
  • • Watches
  • • Military Items
  • • Musical Instruments And Much More!

 

We buy a wide range of items from across the world. Please give us a call or drop by our store and we’d be happy to give you a quote.

Why should you work with SF Gold Buyer?

  • Better
  • Business
  • Bureau
  • Accredited
National Pawnbrokers Association Verified Member