Best Pawn Shop in Denver
Jewelry & Coin Banc is the premier pawnbroker in the Denver area. In the Denver area, we are the best choice for jewelry loans, gold loans, silver loans, diamond loans, and high-end watch loans. Jewelry & Coin Banc has the best industry experience, and unparalleled customer service.
How to Pawn Your Items
Clients of Jewelry & Coin Banc pawnshops in Denver come through our doors from all over the area. They include lawyers, doctors, teachers, plumbers and practically any other profession you can imagine. Our clients use the loans we offer to pay bills, go on vacations or simply to enjoy a night on the town before the next payday. Jewelry & Coin Banc offers the lowest pawn rates in the Denver Area on Collateralized Gold Loans, Silver Loans, Jewelry Loans, Rolex Watch Loans, Diamond Loans, Rare Coin Loans, and other High-End Item Loans. Our Collateralized loan rates are much lower then your traditional pawn shop. Jewelry & Coin Banc pawn rates range from under 1% to 5% per month.
Preparing for the Pawn Process
Our transparent process is easy to understand. We will go over the items you have and explain the reason and values we come up with for a loan. We specialize in Collateralized Gold Loans, Collateralized Silver Loans, Collateralized Diamond loans, Collateralized Rolex Watch Loans, Collateralized Rare Coin Loans, and other High-End Collateralized Loans.
Is There Anything I Canât Pawn?
We are not your typical pawn shop and specialize in the following loans
Gold Loans , Silver Loans, Diamond Loans, Rare Paper Money Loans, Rolex Watch Loans, High-End Watch Loans, Rare Coin Loans, Precious Metal Loans
Give Jewelry & Coin Banc today 303-325-3076
How Does Pawning Actually Work?
We offer loans on jewelry, precious metals, diamonds, high-end watches, rare coins, and paper currency. These items are accepted as collateral for a short-term pawn loan. Because the items are secured as collateral, there is no need for credit checks, references, etc.
When you bring the item into our Denver pawn shops, we will appraise it and make an offer for a loan based on its value. When you accept the offer, your information and details regarding the collateral are entered into our secure database. Jewelry & Coin Banc will issue a loan ticket that shows the amount of the loan you have received, the interest rate and the maturity date of the loan. After you sign the loan ticket and provide a fingerprint, we hand over the cash and place the item into our secured storage area.
When the pawn loan is repaid, the collateral is redeemed and returned to the client. If the loan is not repaid, then the item is sold. This has no impact on an individualâs credit or ability to secure pawn loans in the future.
Can Anyone Pawn their Possessions?
Regulations require that all clients of Denver pawn shops be at least 18 years old. To pawn an item, clients must provide a valid government ID such as a driver license or passport and be the owner of the item.
Contrary to rumors and urban legends, pawn shops are highly regulated and must comply with a number or state and federal laws. These include the Patriot Act, the Truth-in-Lending Act, the bank Secrecy Act and any IRS regulations that may apply regarding cash transactions. As such, we will not make loans to individuals or entities that would violate of any of these.
What our Denver Customers Say About Us
"Best Rates in town with great customer service"
Deciding Whether to Pawn or Sell the Item
Pawnshops in Denver give clients the option to either pawn their possessions or sell them outright. This is personal decision and it often boils down to whether you still need or want to use the item. If want the item, then pawning is the right way to go. However, if you no longer need the item and just want to sell it, then selling the item may be more to your advantage.
Is the Process Secure?
The privacy of our clients and the security of their possessions are paramount at Jewelry & Coin Banc. All of our customer data is secured behind multiple layers of protection that keeps our customer lists and the terms of their loans private.
While we do not report pawn transactions to credit agencies, we are required to transmit customer data to local law enforcement agencies. This helps prevent stolen items from being sold within pawn shops in Denver. Thus, law enforcement agencies are the only entities that have access to our customer data and records of the transactions we conduct.
How are Pawnshop Items Secured?
Items we receive as collateral are inventoried, labeled and secured within 24/7 monitored vaults. These are protected from theft or damage by security features that ensure the items stay right were we put them. Finally, our pawnshops are fully licensed, bonded and insured in compliance with Colorado law.
Extending Your Loan
Our pawn loans are made in 30-day increments at a time. After the 30 days the loan comes due at the end of this period. However, it is not uncommon for clients to extend the duration of the loan for another 30 days by just paying the interest. Jewelry & Coin Banc in the Denver area will extend the loan for another 30 days for clients who pay all service charges that are due.
Paying Off Your Loan
Roughly 80-90 percent of our clients repay their loan and reclaim their items. Repayment requires repaying the full amount of the loan and any service charges that are due within this time frame. Once these terms are satisfied, the item is returned to our clients in the same condition in which it was received.
Sell Wondering, âHow do pawn shops work?â Our team of pawn professionals at Jewelry & Coin Banc will be happy to answer your questions and guide you through the process.
Check out the services that we provide or inquire about a buy, sale, or loans. Jewelry & Coin Banc also has a online store and an ebay store. If you have any questions or concerns, please do not hesitate to contact us at 303-325-3076