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How to Care for Your Antiques and Maintain Their Value - Our Guide
Written by Gabriel S. on August 3rd 2020
Without a doubt, antiques are priceless pieces that can be hard to protect if you want them to maintain their value. That’s because, many factors tend to affect antiques, including environmental factors, as well as the moving and handling of items. But you are in luck as today will discuss a few tips that will help to care for your antiques so that they maintain their value. 

Storing Them Correctly 
The first and most important thing to do when caring for your antiques is keeping them away from direct sunlight. This will protect the antiques from damages caused by UV rays. That’s because UV rays tend to discolour the antiques and causes their material to dry out and even fade and crack. 

At the same time, be careful not to place the antiques in the dark. Antiques can collect moisture and mould if you put them in a place that’s dark and cold. The best way to store your antiques is by placing them in a temperature-controlled room. 

Dust and Polish the Antiques Regularly
The other important thing to do is keep both specks of dust and mothballs off your antiques. That helps to preserve their finish and keep them in the best possible condition. 

Also, when you dust your antiques regularly, you will help to keep away bad odour. And when choosing the antique polish, keep it as natural as possible as some chemicals in the polish may interfere with the finish.

Fix Any Damages
Sometimes, people prefer to leave the chips and cracks on their antiques if they add their story. But in some cases, that is never an option, and in such a time, you should hire a professional to fox these damages. A professional will retain the look of your antique using materials and techniques that suit them best. 

Do not Interfere with the finish
Most of the wooden antiques, for instance, cabinets and chairs are often treated with various finishes by their owners. But the most exciting thing in antique furniture is ensuring that the finish you choose for any furniture looks more like the initial. The finish on a piece of wood is always part of its charm. 

Before applying any finish, ensure you treat the finish of your antique. Your antique will be looking way better when you just revive the initial finish with natural products instead of completely stripping it down. 

Keep Moving and Handling to the Minimum
Antiques will be in their best condition if they are not moved around so much. But if you can’t avoid moving and handling the antiques, treat them with the utmost care. 
When you hire a professional to move your antiques, they will come with the right protective materials. An expert is also much needed in a situation where you need to move larger items such as sculptures and tables. 

In Summary
The secret to reselling your antiques in the highest price possible is caring for them. Also, if you are looking for the best place to resell your antiques, eastvillagebuyers.com is the best choice for you. 
Tips for Selling Your Camera - Our Guide
Written by Gabriel S. on July 27th 2020
Are you planning on upgrading your camera? Well, congratulations to you! But that could also mean you are probably planning on reselling your old camera for cash. While this may seem like an easy thing to do, probably go online, find a buyer and hooray! - a few bucks in your pockets it's more complicated than that. 

When reselling equipment such as cameras, there are many things that you need to pay attention to if you want to make such good cash. Also, some camera gears are harder to sell than others. But you are in luck as in this article we will discuss a few tips that will come in handy when reselling your camera. 

Find Local Buyers
Selling something you were sentimentally attached to is never easy. You always want to ensure that your gear gets into good hands so, before you go putting up advertisements everywhere, its good to check if you can find buyers within your circle. Probably family or friends.

Also, you can look for online pawnshops in your location where you can put up your listings. If you are in NYC, eastvillagebuyers.com will come in handy. It is a reliable place to resell your gear, and the best thing is that you get your cash instantly. 

Be Precise in Your Advertisement
While making an advertisement it needs to be catchy and straight to the point. You need to cut to the chase and ensure that you capture only the essential details in your listing. 
Highlight some of the vital specifications like the megapixels, as well as frames per second. After that, you could probably add a link to the manufacturer's site where the buyers can find a more detailed preview of the camera specs. 

Include Only What's Necessary for the Box
When reselling your camera, sometimes you may feel the need to add more than required in the box. While that may seem like a pretty good idea, the buyer will probably only need the battery, camera charger and a few other accessories that initially came with the camera. As for the memory cards and filters, you may want to hang on those as you might need them in the future. You may realize later that you need some of the things you gave away, so be careful about what you include in the box.

Take Crisp and Clear Photos of All the Gear
When it comes to online purchases, people love to see what they are buying. That is why its better if you include clear photos of the gear you are selling in your advertisement. Also, make sure that these photos vary from the standard manufacturer's pictures. 
Original photos add a sense of authenticity and openness which is what every buyer is always looking for. You are at a better chance to make a sale when you buyers trust you and can see what they are about to buy. So, make sure you take clear product images from all angles. 
Tips for Selling Your Diamond Jewelry - Our Guide
Written by Gabriel S. on July 20th 2020
Most people will say, ‘diamonds are forever’. While we can all agree that, there are those instances in life where you might need to give up all your lovely diamond jewelry to settle a few bills if you are cash strapped. And there is totally no shame in that!

In fact, now is the best time to be selling your diamond jewelry as there is an escalating taste for diamonds both in China and India. While it may seem like timing is everything when it comes to selling your jewelry, the whole process could be very hectic. 

Unlike gold that has a quantifiable metal value, diamonds have no objective measure. That makes it quite easy for beginner sellers to overwhelmed or even confused. But you are in luck as in this article we will discuss four main tips that you can consider when you want to hock your stone. 

Understand What You Have
You see that diamond ring you inherited from your granny? Yes, that one! Just because she said that it is precious, it doesn't make it so. So, before you quickly rush to the market and demand vast sums of money from your buyers, first get the accurate quality and authenticity of the diamonds. 

You can get a professional unbiased opinion from an appraiser. He can help you determine the characteristics as well as the condition of your stones. Also, help you identify the positive and negative attributes that could affect the value of your diamonds. 

Be Realistic with the Price
If you are planning on selling your diamond jewelry, the easiest way to be disappointed, probably even frustrated, is being unrealistic with the prices. It will help if you have realistic expectations when setting the price. 

Follow the market trends, and that will help you determine the potential resale value of your diamonds. You can also compare how much other diamond jewelry is going for in the pawnshops. 

Weigh Your Selling Options
When you want to resell your diamond jewelry, you also need to weigh your options well. It's not all about getting a buyer who can take the highest price. While that's a factor, you also need to consider how fast you can settle the deal or even the extent to which you can decide the transaction. 

And in that case, you need to make sure you have a reliable place to sell your diamond jewelry. One of the best places you can consider is eastvillagebuyers.com, which is a popular online pawnshop in NYC. Trust is vital when leaving your diamonds in the hands of another person. 

Ensure You Are Emotionally Ready to Sell
Diamonds are often like symbols of love and passion. Therefore, it is not easy to part with them. But if you are planning to sell this jewelry, you need to leave emotions out of it. Please don't raise the potential value of your diamonds because of the sentimental attachment you have to it. 

Your buyer knows nothing about your attachments, and if you tell them, they probably won't be moved by it. That said, before going to the market to look for a potential buyer, ensure that you have all your emotions in check. 
How to Clean and Care for Your Silver Jewelry? - Our Guide
Written by Gabriel S. on July 13th 2020
Silver has always been the best metal choice, especially when it comes to rings, bracelets, necklaces, among other accessories. These are an incredible way to enhance your wardrobe. But besides this mental being quite versatile, it always adds that funky look to any casual outfits. 

At the same time, it can give you the much-needed elegance without any struggles. All in all, you need to clean and care for your silver. That's necessary for it to look at its best even years down the line. That said, in this article, we will discuss the ways to care and clean your silver jewelry, especially if you have any plans of reselling it. 

How to Clean Silver
If you don't clean your silver jewelry thoroughly, it could look dull and soiled over time. But with good silver polish, you can keep your jewelry from tarnishing. The good thing with the silver polish is that it has ingredients that help to dissolve and remove any tarnish from the silver. 

At the same time, this polish leaves behind a protective coating that helps prevent new tarnish from forming. However, if you don't have the silver polish, there are a few hacks that you can incorporate from the comfort of your home. 

DIY Silver Cleaning Hacks
If you have no silver polish, but you need to clean silver quickly, there are a few DIY methods that you can try. All in all, you need to know that these methods do not guarantee that the tarnish won't be back. And especially if your jewelry is silver plated, you should avoid excessive rubbing. That will ensure you don't end up wearing off the silver finish. 

Use Dish Soap
Dish soap could come in handy when you want to clean silver jewelry. All you need to do is mix a few drops of the dish soap with warm water. Then, dip a soft cloth in that solution, use it to rub the silver. That should help remove any tarnish. Rinse the silver with cold water afterward, then ensure you buff dry the silver jewelry with a soft cloth. 

Baking Soda
Sometimes, there might be a massive build-up of tarnish on your jewelry. And in such a case, you can mix three parts of baking soda with water. Apply this paste on the silver with a soft cloth. Ensure you get the crevices as well, and as the fabric picks up the tarnish, you can turn it from end to end. In this step, also rinse the silver well then buff dry completely.

Toothpaste Could Help Too
The mild abrasives in toothpaste help to remove build-up from your teeth, and that's the same thing that applies to tarnish on silver. Apply the toothpaste on the silver, then rub gently with a soft cloth or your fingers. And just as with all other steps, don't forget to dry the silver with a soft cloth

In Summary
When you are in the silver jewelry resell business, the general outlook of your jewelry matters a lot. And that is why you need to learn how to care and clean your jewelry before selling. Also, if you are looking for a reliable online pawnshop in NYC where you can sell your silver Eastvillagebuyers.com is just the place to be. 
Tips for Selling Your Used Headphones Online - Our Guide
Written by Gabriel S. on July 6th 2020
Most of the time, you will feel the need to upgrade to a better pair of headphones. However, most of the time, the idea of throwing away the old headphones is never on the table. And that is why selling your old headphones for cash might better suit you.
That way, you will make some extra cash and, at the same time, help out someone else. 
All in all, before reselling your headphones, there are a couple of things that you need to know. First you need to present all the relevant details before looking for a suitable buyer. While this may sound a bit complicated at first, it gets more comfortable with time. So, let's get to it. 

Where Do I Sell My Used Headphones?
Naturally, you will go looking for a friend or a family member when you want to resell your headphones. But if there's none, your next big bet is the internet. There are several platforms that you can consider; the only issue is finding the best one. 
So, if you are looking for the best place to sell your headphones for cash in NYC, then Eastvillagebuyers.com got your back. It's one of the most trusted and famous online pawnshops in NYC. 

Tips for Reselling Your Used Headphones
When it comes to reselling any electronic gadgets online, you need to make your ad as appetizing as you can. It doesn't matter the current condition of your headphones, or how well you have been taking care of them if your ad doesn't look amazing you might not make a sale. That said, we will discuss a few tips for creating a fantastic ad that will have anyone wanting to click and pay upfront. 

Your Descriptions Needs to be On-Point
If you want to make a good sale, don't be one of those people who will just carelessly paste the manufacturer's description. People are never interested in that as they most likely have already seen it. 

People are more interested in the condition of the headphones, and that is why you need to give them that. A personal description will go a long way. 

Record a Short Video or Take Some Good Photos
The product description alone will not get you a good sale. People also need to see the condition of the headphones in some photos or a video. A video will help you stand out from most other sellers. 

As you are taking the photos, ensure there is good lighting and include close-ups as well as pictures from different angles. High quality photos play a vital role, even more than an eye-catching description. 

Offer Accessories
People are all the same, and they love it when they feel like they are getting something extra for free. That said, if you have some accessories that you can accompany your headphones with, don't hesitate to do it. Probably it could be the storage box, the original packaging, or even the headphones stand. 

If the headphones are in a pretty good condition and you offer the additional accessories, you will get the desired price. People won't even try to lower the cost as they feel they are already getting something extra for free. 
How Much is Your Camera Worth? - Our Guide
Written by Gabriel S. on June 29th 2020
In the camera resale market, the one question that you will come across the most from new members is, ‘How much is my camera worth?’ Perhaps you have a lovely vintage hand-me-down from your grandfather, or you picked it up at the flea market and want to know how much it would be worth if you resold it. 

But before we proceed, the one thing that you need to know is that something is mostly worth only what someone else, probably two more people are willing to pay for it. However, this is a reality that most people are never ready to accept. Most likely, they saw another camera being sold for hundreds, if not thousands of dollars. And now they are thinking, ‘if this camera was worth $1,000 when new, I should be able to make at least $700 off it.” 

And honestly, that’s the one mistake that everyone makes. The truth is, used cameras are never worth much. Even if it seems to be in excellent condition, used electronics tend to depreciate over the years quickly. Also, you need to understand that just because what you have is rare, it’s not a dead give away that someone will be willing to break their bank to pay for it. 

And without further ado, let’s analyze how much a used camera would be worth.

What Would be the Price of My Used Camera?
When it comes to getting the real value of your used camera, it can be quite a hassle. Usually, in appraisals of old cameras, three prices are typically involved. There is:

-  The price that the seller wants to hear
-  The price that other people will tell you your gadget is worth and 
-  The actual price that someone would pay for it

There are many variables that a buyer will often consider before buying your used camera. And mostly anyone will first check the general condition of the camera and if all the functions are working. So, let’s take a look at some of these factors.

Factors that Determine the Worth of Your Used Camera During Resale

The Included Accessories
In the resale business, one of the easiest ways to make an extra buck is including the original boxes and manuals during resale. They significantly add the value of your camera. Also, you can include other accessories like filters, lenses, and viewfinders.

Uncommon Variants and Rare Lenses
Depending on the camera model, it may come with different features, lenses, and combinations of the shutter. These are some of the things that will influence how much a buyer will be willing to pay for the used camera. 

The Market Trends
Just like in any other market, there is a specific time when certain models of the camera may be more accessible. And this is a fact that makes the process of particular camera models to go up. 

Also, you need to know that a camera’s price can suddenly depreciate. So, just because it was selling at $300 doesn’t mean that it will be worth the same two months later. Therefore, you need to always stay up to date with the market trends. 

In Summary
As we have seen in this article, you should always check all variables before deciding the price of your used camera. If you check all the boxes, then you can set your bar high. 
But if some things are missing, you should consider that as well. Finally, if you are looking for a reliable online pawnshop to resell your camera, then easvillagebuyers.com is just what you need.
How to Maximize the Value of Your DJ Mixer for Resale - Our Guide
Written by Gabriel S. on June 22nd 2020
A more significant part of being a financially intelligent DJ is reselling your equipment at a pretty good price. But first, you need to understand that consumer electronics tend to depreciate over time. Unlike cars and guitars whose value we can restore by improving their aesthetic value when it comes to DJ equipment, the amount can only go in one direction, and that's downwards. 

All in all, this shouldn't scare you off from investing in proper DJ equipment. The value of gigs you will get in like five years will definitely exceed the initial buying cost by far. With that in mind, when it comes to your DJ equipment, setting the price too high, you might never make a sale. At the same time, if you set the price too low, then you are likely to get taken advantage of. 

That's why in this article we will discuss a few tricks and tips that will help you maximize the value of your DJ mixer at the same time being realistic with your expectations. 

A Basic Cleanup Procedure
You see the same way you'd clean up your apartment before renting a room? That's the same case that applies when it comes to your DJ mixer. 
Using an electronic wipe, wipe down any screens and surfaces. While you can't make your DJ mixer new, you can definitely give it a sleek look by cleaning it up. 

Take Good Photos
The one thing about online sales, the buyers, believe what they see. That said, if you want to make a good sale, you need to take crisp and clear photos of your equipment. 
Poor lighting and low-quality camera end up making your equipment look older than it already is. Take beautiful pictures from all angles and give the buyers as much detail as you can. 

Include Original Accessories and Packaging
If you ever intend to sell any of your equipment, especially electronics, try to keep all the original accessories and packaging. When you sell your stuff in its original packaging, it communicates that you've really cared for it. 

Hence, you'll be a step closer to your sale. And in case you are missing any original accessories don't be too harsh on the price. Try to reconsider that when setting your resale value. 

Include any Software Licenses
If your DJ mixer came with a software license, remember to include that when reselling it. Also, you can contact the manufactures and inquire if it's possible to unregister your name so that you can transfer it to your buyer. 

Once this part is a success, include that when making your listing. Software licenses are very vital, and they could cost around $100, which is some pretty good cash you can make there. 

In Summary
Reselling any electronic equipment is never easy as the value tends to depreciate over time quickly. However, using the tips we've discussed, you can maximize your resale value. What's more, if you are looking for a reputable and trustworthy online pawnshop where you can sell your DJ mixer, then eastvillagebuyers.com got your back on that. 
How to Determine the Price of Your Designer Bag for Resale? - Our Guide
Written by Gabriel S. on June 15th 2020
The luxury resale market is ablaze. In fact, today you can even find some designer bags such as Chanel that are now going for twice their original price. Why? That’s because we live in a time where sustainability matters more than anything else. 

What’s more, luxury handbags are now viewed as a lucrative form of investment. And that’s why the secondary market for luxury handbags has skyrocketed over the past few years. All in all, the biggest challenge that everyone has is determining the price of their luxury handbags. 

No one wants everyone to pass their offer on the listing. Even if you are planning to sell for as much as you can, you must price the bag competitively so you can get your cash in hand, hassle-free. That said, let’s look at some of the factors that you need to consider when pricing your luxury handbags for resale. 

The Brand and Model of Your Bag
This is one of the essential factors that you need to consider when determining the price of your designer bags. As you already know, each brand has a unique level of desirability and status on the market. And that is why you need to be always up to date with what people want. 

While there are some top brands like Louis Vuitton and Chanel that may go for up to 70% their original price, there are others that you will have to sell at a significant loss. The popularity of the brand also has a considerable part to play.

The Material of Your Bag
The bag materials also determine how a bag will be priced in the resale market. Basically, the leather bags will have a higher resale value as compared to either synthetic or any other fabric. 

Exotic leather will be even more expensive. You will be surprised how much impact the bag material has on the final price, even when it comes to bags of the same brand.

The General Condition of the Bag
Before you go setting the bars all high, you also need to check the condition of your bag. If there are any visible signs of wear and tear, that will have an impact on the final resale price. Evaluate the state of the bag between new and used with visible signs of wear.

Original Accessories
Usually, if you add complementary accessories with your luxury bag, that will give it a boost in resale value. The accessories can be anything from padlocks, dust bags, leather nametags, keys and pochettes. Also, any other original add-ons that came with the bag during the original purchase. 

The Proof of Purchase
If there’s anything you have that can help to prove the authenticity of the bag, add it. That will give the resale value of your bag a boost. It can be a serial number label, original box, receipt, certificate, among others. That said, if you ever intend to resale your goods in the future, always keep these items. 

In Summary
Well, now, there you have it! If you are ready to put your new skill set to practice, check out eastvillagebuyers.com. They are an online pawnshop where you can sell your luxury bags to for cash in NYC. 
What is the Right Way to Resell Your Watch? - Our Guide
Written by Gabriel S. on June 8th 2020
Buying a used or vintage watch can at times feel very daunting. But selling one is equally challenging. That said, if you are a watch enthusiast looking to downsize your collection, you've come to the right place. In this article, we will discuss the right way to resell your watches without falling victim of corn artists. 

Before anything, you need to understand that watch nerds tend to be very meticulous. Therefore, your timepiece will undergo heavy scrutiny as soon as it gets to the market. That means if you leave out any crucial information or take photos that are anything less than professional, you might never make any sale at all. Or at the very best, your watch will probably go for only a fraction of the value you anticipated to sell it for. 
So, without further ado, let's take a look at some of the essential thing’s sellers tend to miss out when reselling their watches. 

Finding the Right Platform
The first and most important thing you should do is to look for the most reliable platform to sell your watches for cash. There are many avenues online that you can easily get mixed up. And that's why you need to do your homework and find the best one. Also, you need to understand that not every platform will be suitable for your watch. 
That said, if you don't know where to start, Eastvillagebuyers.com got your back on that. The platform offers you the opportunity to resell your watches for cash in NYC hassle-free. Think through each watch and its value then consider the best way to resell it. Also, be careful where you list your watches as while some platforms might promise a quick sale, you are likely to sell it for less than its actual worth.

Create your Listing
If you've decided to list your watch on a platform such as eastvillagebuyers.com, you should come up with a comprehensive but simplified description of your watch. Dictate the condition of your watch without leaving out any crucial details. 
The best thing to do is to create bullet points. They tend to be more effective than writing long paragraphs. You can also state when and where you bought the watch. Also, include how many times you've worn it, if everything is original or some replacements have been made along the way. 

Take Crisp Photos of the Watch
When selling any products online, not just watches, great photographs are actually what sells the product. The pictures show the condition of the watch and as simple as it sounds, taking good photos of watches can be relatively tricky. 
Especially if your watch has a Sapphire crystal or is too shiny lighting should be essential. You don't want your photograph looking too bright and everything. Therefore, light and mastering the skill of taking in-focus photos are everything. 

In Summary
Well, now there you have it- the essential tips to help you resell your watch in the right way. Therefore, before making any resale, make sure you are as precise as possible about the condition of the watch in your listing. 

That is something that watch nerds seriously take into account. You don't want to sell your watch for less than its actual value because of the omission of some crucial information. Also, if you are looking for a reliable pawn shop in NYC, Eastvllagebuyers.com got your back!
How to Make the Most Selling Your PS4 for Cash - Our Guide
Written by Gabriel S. on June 1st 2020
Is it finally that time to eventually loosen the grip you've had on your PS4? Perhaps upgrading to a newer version or you just want to move on? If you are not sure how to go about everything until you get the PS4 to its new user, then this article is in your best interest. We will cover the best way to prepare the console for sale and get the best price deal for it. So, let's get to it! 

Figure out The PS4 Model that You Have
Before anything else, the first and most important thing to do is to determine which model you have. There's a difference between the regular PS4 and PS4 slim. Therefore, you need to be able to differentiate the two as one costs more than the other. You could write down the model of your PS4 somewhere. Also, put into consideration factors such as paint jobs or exclusive edition designs. You will make extra bucks if you have a rare model of your PS4.

Figure Out How Much Storage the PS4 Has
It's essential to know how much storage capacity your console has. The PS4 allows you to upgrade your storage, therefore, remember to put back the very original drive if you had switched it up. Storage is a crucial aspect as the more games your console can hold, the more you are likely to make from selling it to an Online pawn shop. 

Add a Few Accessories to Boost the Potential of Your Sale 
The most important thing when selling your PS4 is to maximize the money you get. Therefore, to boost your sale, you could add physical games or accessories that you own. You are likely to get a better offer for your console if it comes with one or two things on the side. This is one of the best ways to entice your buyers and get extra credit, so go for it. 

Clean your Console
There's a chance your console has gathered dust after being used for a few years. One of the best ways to make sure it looks its best when you present it for sale is cleaning. Wipe the system down using a clean cloth. If your console is free and doesn't have any blemishes, it will make you more than a console that's dingy and dirty. On that note, make sure your console has as minimal physical damages as possible.

Find a Reliable Marketplace
The easiest way to sell your console is by going for an online pawnshop like eastvillagebuyers.com. Use all the information you gathered about your PS4 to let the buyers know exactly what they are getting. Also, you may add a few pictures. Just make sure these pictures are clear and taken in a well-lit room. 

When selling your PS4 for cash in NYC, people need to see precisely what they are buying. Therefore, it's essential to be upfront about any damages or issues the PS4 might be having. Be accurate when stating the condition of your console. And with that in mind, if you are looking for a reliable pawn shop in NYC to suit your needs, we got your back. Get in touch and lets us know how we need to help! 
5 Tips for Making the Most from Your Antique Resale - Our Guide
Written by Gabriel S. on May 25th 2020
Everyone wants to make some extra cash on the side. While there are many options you could go for, most of them require you to have the huge initial capital. Therefore, reselling antiques on the side is quite a lucrative idea. Over time, you may inherit lots of antique furniture, jewellery and artwork. 

The only problem is that you eventually have no more space to keep all these things or you may just want to let them go. And let's face it, most young generation people don't fancy keeping antiques from their Granny's or uncles from centuries back. With that in mind, if you are considering reselling your antiques, there are a few tips that can help you to maximize the profit. 

Know the Value of the Antiques

Whether you just want to declutter your store by selling some of the antiques or you're serious about making a few bucks on the side, you need to know how to determine the value of your antiques. You can consider a few factors when determining the value. Some of these factors include: 

1. The scarcity of the antique
2. The demand for that particular antique
3. The overall condition of the item
4. Whether it still has the manufacturer's mark
5. The provenance

Do your Research
As we've already seen from the section above, determining the value of your antiques is never a walk in the park. That's why you need to do some extra research on the side. For instance, you could look at online pawn shops like east village buyers.com and see how much other similar antiques sold for. Also, you could consider getting an appraisal from different experts about the same antique.

Staging is your weapon
Whatever you are selling, always remember that staging is everything. The only way to make buyers want to go with your good and not your competitors comes down to staging. Make buyers want to go with whatever you are reselling by artfully staging everything. Take nice pictures of your antiques in a nice display, and you'll have buyers stumbling over each other. More importantly, ensure the images are clear, crisp and taken in a well-lit room. 

Sell Online or to Professional Home decorators
If you are in doubt about where to sell your antiques, quickly go for the online antique buyers like east village buyers.com. This is an obvious route, but you can still consider reselling to professional home decorators. 
From time to time, professional home decorators are always looking for the best conversation pieces they can use in the homes there are designing. Who knows? Your artwork and antiques might be just what they need.

Don't always settle for the first offer
It always seems more natural to just quickly take the very first offer you get for your antiques. This is especially the case when you just want to sell an item from decades ago you inherited from family. 

However, don't be too quick to jump on the first offer you get. Now that you already know the value of your antiques, you need to be confident in your haggling. The end game should always be to get the best possible price for your antiques. 
Everything You Need to Know Before Selling Your Designer Bags for Cash 
Written by Gabriel S. on May 18th 2020
Today, everywhere you turn, you get constant reminders to clean out your closet and get a better organization for your wardrobe and living space. If there are clothes you don't wear anymore, it's probably high time to discard or give them out. 

No matter what happens, though, DON'T throw away your designer bags. You can resell these designer bags for cash near you on platforms like East Village Buyers. It is one of the best options for making back some of the cash you spent on buying the bags. 

If you are still new to this and have no idea where to start, rest easy as this article is in your best interest. Below we've put together a beginner's guide to walk you through some of the things you need to know before reselling your designers' bags for cash in NYC. 

First, Figure Out the Worth of Your Bag
Before you resell your bag, it's essential that you first do some research. The best way to know how much your designer bag would be worth is by checking what other used bags sold for recently. 

Browse through the various resale sites. That shouldn't be hard. All you need to do is google the name and style of the bag. However, you need to know that the general condition of the bag will primarily affect the resale price.

The Resale Price Will be Far from the Initial Price
Now that you have a rough idea of how much you can resell your designer bag, the easiest way to frustrate yourself is by having unrealistic expectations on its worth. When reselling your designer bag for cash, you need to put aside all feelings you have attached to it. 

Look at everything from a shopper's perspective. And that said, you need to put a realistic price tag on the bag depending on the current market performance and general condition of that product.

Know the Perks of the Bag Brand You are Reselling
Every designer brand has specific markers that more experienced shoppers will be looking for before buying the designer bag on the resale market. Mostly these are the nitty-gritty details like the handle attachments, interior tags, stitching, and zipper pulls markings, among others. 

These are aspects of the bag that will be heavily scrutinized. Therefore, make sure your designer bag is not tampered with to get a better price for it. Any buyer will be willing to pay for a bag that looks authentic.

Take Good Pictures
As the famous saying goes, 'A picture is worth a thousand words.' Especially when it comes to selling stuff online for cash, pictures will speak for your product. That said, make sure that you take beautiful clean photos of the designers' bags in a place that has good lighting and minimal distractions. 

Also, let the background bring out the details and colors of your bag in a precise manner. Today, you don't have to hire a professional photographer. Smartphone cameras can take great pictures, as well. That's why fuzzy-looking images are the number one reason to turn away any potential buyers. Therefore, don't subject your beautiful designer bags to that. 
The Reality of Selling Diamonds in NYC for Cash - Our Guide
Written by Gabriel S. on May 11th 2020
While jewelry is one of the most sought-after gifts, just like many other presents, it's not something you'd want to hang on for the rest of your life. Besides that, at times, you may need a little extra boost of cash. And the best place to start digging is right in your jewelry box for some diamonds. 

But with that in mind, how do you get around all this? Where is the best place to sell your diamonds for cash in NYC? More importantly, how do you know the best price point for your shiny goods? Well, if that's the dilemma you are in right now, then you've come to the right place. 

At East Village Buyers, you can sell your Jewelry and Diamonds for cash. But more importantly, we will help you know the reality of selling diamonds in NYC for cash before you get started. 

Manage Your Expectations
It's easy to get carried away by all the excitement of getting some extra cash for your jewelry and diamonds. However, in reality, it's super important that you first manage your expectations. While you may place a high value in that diamond ring, you got from your granny to everyone else that you are selling the ring to; its just a ring. 
Therefore, you need to know that you can never resell a diamond at the exact price you got it for. Mostly, the second-hand market price for your diamond ring might be at least 40% less than the original price. 

How is the Diamond Value Determined?
There are a few factors that are considered before determining the second-hand value of your diamonds. They include: 

1. The General Condition of your Diamonds
You are likely to fetch more money with your diamonds in a second-hand market if they are in better condition. Chipped diamonds bring less as they will need to be recut hence losing value in the process.

2. The Market Conditions
Trends are ever-changing, and there are times when certain individual styles of diamonds will be more popular than others. Therefore, if your style is in more demand, then it's a guarantee that it will have more value.

3. The 4 C's
The carat weight, cut, color, and clarity also profoundly impact the worth of your diamonds in a second-hand market. Therefore, if you are planning on selling your diamonds in NYC for cash, these are the essential things that you need to pay attention to. 

Larger diamonds have more worth. The price of your diamond increases with an increase in carat weight. Also, how flawless your diamonds are affects their value. Generally, if your diamond has few internal flaws, it will have a higher value than another with a wide range of imperfections. 

A Quick Takeaway
Selling diamonds in NYC for cash is a successful venture. However, you need to have a realistic approach to the sale of your items. Many diamond sellers have a rough time, but with the tips we've discussed, you'll have an easy time getting around. That said, if you are not sure where to resell your diamonds for cash, East Village Buyers got you covered on that.
East Village Buyers - How to Prepare Your iPhone X for Pawning - Our Guide
Written by Gabriel S. on May 4th 2020
Of all the ways to quickly get a bit of cash, whether it be to cover a medical emergency or to secure an expensive purchase, pawning your items is one of the fastest ways to get the money. If you’re thinking of pawning, then you might be wondering if you can pawn your phone, specifically an iPhone X, as phones are usually the first thing people think of pawning. 

Well, you can pretty much pawn anything, meaning that you will not have much trouble pawning an iPhone X, considering its value. However, there are some things you must do beforehand to ensure the transaction goes more smoothly.
1. Know your phone in and out

Before you go out to your local pawn shop, you need to figure out what kind of phone it is. Other than the fact that it is an iPhone X, you need to figure out its specific model, its carrier, and all the nitty-gritty details. These factors will affect its final value, so knowing the exact specifications of your phone will help you figure out what kind of money you can expect to get out of it.
Other than that, other factors such as aesthetic damages and defects will also affect the price, so keep an eye out for those too.
2. Unlock your phone

A locked phone typically means that your phone is stuck to one carrier. These phones are locked usually because you have bought them from that carrier with a network plan. If your phone is locked, have them unlocked. This will push its value higher since the phone can now be used on pretty much any network anywhere around the world.
If you do not know how to do this, there are guides online to help you do so. If you do not want to do it yourself, you can always look for a phone repair shop to do it for you.
3. Backup your phone

It might seem like common knowledge, but you will be surprised at how many people forget to back up their phones before selling it. 
To ensure you do not come walking back to the pawnshop asking for the phone again just to retrieve your data, do a backup. Connect your phone to your laptop or computer and open iTunes. From there, back up your devices. Doing this will ensure your contacts, personal information, and other types of data are safe in your hands.
4. Factory reset your phone

After you have backed up all your data, you wouldn’t want anyone getting their hands on your personal information would you? To avoid this, factory reset your phone. It will restore the phone to the state it was before it was sold to you. Also, if you want to, you can disable the "Find my iPhone" feature as well. Doing so will ensure that you will not accidentally be looking for the phone that you pawned.
By following the tips we’ve shared, not only will you increase your chances of selling the phone, but you also increase the value that you’ll be selling it for. Also, you’ll stop any problematic situations from arising, such as dealing with a stranger having access to your data. With all that done, head straight to the local pawn shop or list it online to have it sold.
Are you looking for a pawn shop in East Village? We’re here for you! Contact us today if you are looking to pawn your iPhone X!
East Village Buyers - 3 Questions to Ask Before Selling Your Camera to a Pawnshop - Our Guide
Written by Gabriel S. on April 27th 2020
So, you’ve finally managed to search through the forgotten belongings in your attic after weeks of putting the task off to handle other responsibilities or lounge around instead.

There are a few boxes here and there, some mementos from the past, and maybe a few cringe-worthy memories in the form of phased-out styles. In the midst of going through your old items, however, you might end up coming across a treasure trove of old cameras that look aged and historic enough to fetch you a fortune.

Right now, it seems like you’ve definitely struck gold in the form of a tool that captures cherished memories without fail — so what’s next? Pawn it, of course! Now, before you jump at the chance to make a quick fortune that you can start growing with the help of your antique camera, it is important to ask the right questions, so you don’t end up robbing yourself of profit. 

As tempting as it may sound to visit the pawnshop now and leave with a good sum of money, here are three questions to ask so that you’re getting top-dollar for what you have: 

1. “Do you accept broken cameras?”

If you’ve got a camera that’s 30 to 40 years old and has been stashed away for quite some time, chances are that it isn’t in the most immaculate condition possible. This is what will essentially take a chunk off of its pawn value. 

Fortunately, most pawnshops—such as Manhattan’s own East Village Buyers—accept broken cameras that will still fetch anyone a pretty penny with a fair valuation for what they’re worth. Even if it’s broken or not in the best shape, a name-brand camera, such as Hasselblad, Nikon, Canon, and Leica, will still get a pretty high amount the older it is. 

2. “How much do you think my camera’s accessories will go for?”

Aside from the camera that you found, another piece of the puzzle that can fetch you more money for a bigger payday is the set of accessories that come with it. 

From additional lenses and specialized caps to full-leather straps and antique tripods, the accessories your camera comes with are additional sources of income for you. When presented in great condition, you’ll be able to get much more money on top of what you’ll get for your antique gadget. In some cases, the accessories can end up fetching even more cash than the camera itself! 

3. “What’s the resale value like on these cameras?”

Another effective way to make sure that you’re getting as much money as you should for your camera is to ask the pawnshop how much the regular market or resale value for your camera is like. Asking this question will definitely help bring a more realistic value to the table and help set the bar for negotiation in your favor, so don’t forget to bring it up!


Selling your old and well-loved camera to a pawn shop is one of the best ways you could possibly get a good amount of money in the quickest time possible. Yet, it is essential that you start and end well by asking the right questions!

Looking for a pawn shop for cameras? Or looking to pawn your beloved items for the best price at the best pawnshop in New York City? Give us a call or pay us a visit today and bring your valuable items over for a quick and profitable flip! 
East Village Buyers - Pawn Shops & Your Personal Information - A Guide for First-Timers
Written by Gabriel S. on April 20th 2020
Are you running out of cash and you need money right away? Taking out loans from banks and other lenders is often a tedious process, and sometimes, you just need the money immediately. Pawn shops are a great way to get money fast in exchange for a valuable item that you own. 

Along with your item, the pawn shop will require your personal information as well, for several purposes. 

How Pawn Shops Work

Basically, what sets pawn shops apart from other banks and loan entities is that pawn shops take a variety of goods as collateral—from jewelry to musical instruments. You can either shop for items or sell items here, two things that you can’t do at the same time in a regular shop. 

Individuals who need fast cash often rely on pawn shops. They normally pawn an item in exchange for cash and retrieve it once they have recovered financially. The item that they pawn serves as collateral.

Additionally, individuals who have bad credit and don’t have access to personal loans can turn to pawn shops. All it takes is a valuable item, and you get instant cash, fast. 

When thinking of pawning something, keep in mind that the pawn shop won’t likely accept anything outdated and of poor quality. If you want to get good money out of your item, stick to jewelry or coins. You can also pawn firearms and high-quality tools. 

Pawn Shops & the Local Law Enforcement

In recent days, pawn shops have been an option for criminals to sell items that they’ve stolen. Thus, this puts pawn shops in a bad light. To prevent this from happening, pawn shops have teamed up with their respective local law enforcement units to keep records of their clients and store that information for three to five years. 

As such, when you plan to pawn an item, you will be asked for identification, and that information will be kept on file. 

The Type of Information Pawn Shops Require

A pawn shop will ask for a government-issued ID and log the item that you pawn or purchased. The information is submitted to the police database, in which police officers download the information of any pawned items and items that are sold at the pawn shop. This includes the identity of the person who sold or pawned the item. 

Should an item have a serial number, it will be put on record as well. The pawn shop will dispose of the information after three to five years. Hard copies, on the other hand, are shredded. 

Additionally, a pawnbroker is obligated to confirm that you are the legal owner of the item. They will ask you questions about the item until they are convinced that you own it. 


Pawn shops are a great way to get instant cash. And the best thing about it is that you can always retrieve your items back. However, with pawn loans, you have to remember that you need to pay an interest rate—consider this the pawn shop's assurance that you have plans to get the items back. 

We are a top-rated local pawn shop in East Village. If you are looking to sell sneakers, jewelry, diamond and more, visit us today!
East Village Buyers - Getting a Pawn Loan - What You Can Expect
Written by Gabriel S. on April 8th 2020
If you want money quickly, you can do so by pawning your valuable items, such as your MacBook, your jewelry, and the like. This will result in a type of loan called a “pawn loan.” The great thing about this is that, not only do you get money on the spot, but you've given a chance to get it back once you cover the loan—with a small fee, of course. Additionally, you won’t have to worry about the loan affecting your credit score.
However, what happens to your item if you do not show up to reclaim it? Here's everything you can expect from a pawn loan:
Pawn Loan

If you aren't too sure about what a pawn loan is, it’s when an individual brings in a valuable item which is then used as collateral to secure a loan. This solution is perfect for those who need money quickly and can pay the loan back quickly, usually within a month.
Paying the pawn loan

There are a few things that can happen when it comes to paying the loan. 
In most cases, you can pay back the entire loan to get the item you've pledged away back on or even before the due date. However, if you can’t pay, you can pay interest to extend that due date for another thirty days. Do note that the longer you extend this due date, the more you're going to get charged for it. Because of this, it’s highly recommended that if you can’t pay the full amount right away, at least pay the interest as well as some money to contribute to the amount you borrowed.
Not paying the pawn loan

What happens when you do not pay for the pawn loan? Well, in most cases, the item gets relinquished to the pawn shop.
Some people who do opt for pawn loans sometimes decide that they won't repay the loan at all. In this case, the pawn shop will offer the item up for sale. Another situation that can get the item relinquished is if you did not pay to extend the account after 32 days past the due date. When this happens, the item is automatically forfeited to the pawn shop for sale.
What you can do when your stuff gets relinquished

What if you want your forfeited item back, what do you do? The answer is surprisingly quite simple. If it is still up for sale, you can repurchase it! This isn't a rare occurrence, and the pawn shop will even be happy knowing that you'll pay them back for the loan. This is also good business for them, as it’s likely that the same item might be pawned again for future loans.
Simply put, if you do not want to incur any more cost when it comes to opting for pawn loans, pay back the loan before the first due date in full. However, if you cannot, rest easy knowing that it isn't the end of the world. All you need to do is go to the shop and extend the due date, given that you also pay some fees and a little extra to cover the borrowed amount. However, we highly recommend that you pay back the loan on time. That way, you can build a positive reputation that might net you even better loan deals in the future.
Are you looking for pawn shops in New York? We're here for you! Get in touch today and let us know how we can help you!
East Village Buyers - Can You Trust a Pawnshop with Your Crucial Information
Written by Gabriel S. on April 1st 2020
If you’ve sold a valuable piece of jewelry at a pawn shop before, chances are that you’re familiar with the ins-and-outs of the entire process from start to finish. 

From the task of filling out forms with all your required information to haggling with the person-in-charge to get a fair price on your items, the process of pawning an item can be challenging. Amidst all the tasks that you’ll need to fill out, however, there’s one question that may come to your mind: 

“Can I trust the pawnshop with keeping my private information safe?”

When you’re pawning any item, you’ll most likely notice that the form you’re given requires your personal information, such as:

Your address
Your monthly salary
Your work and work address
Your contact number and e-mail

When left in the wrong hands, these vital pieces of information can be used against you and may even be used to steal your identity and violate your privacy. To better understand exactly how safe your information is, it’s important to know how pawn shops work and what processes they follow when dealing with records.

How pawn shops work

To better illustrate this common situation, we will use East Village Buyers’ system as a concrete example.

East Village Buyers, on average, deals with a wide range of items, such as jewelry, tools, electronics, instruments, firearms, and antiques that come from many customers in Manhattan. Generally, these customers have an option to secure a pawn loan against the value of their items or sell them to the pawnshop for reselling purposes. 

Thanks to the intervention of the NYPD (and the national government), pawnshops are required to ask for key pieces of information in the fulfillment of state regulations and federal laws. The main reason asking for key pieces of information is an obligation lies in the fact that it essentially acts as a deterrent for stolen items and aids in assets recovery programs.

Regardless of whether you’re buying, pawning, or selling an item, it’s safe to assume that pawnshops will ask you for key pieces of information out of an interest in compliance and safety. 

The exact records a pawnshop keeps

At the start of the pawning, buying, or selling process, East Village Buyers will ask for a government-issued photo ID for a formal record keeping. 

Along with a detailed description of the item and any accompanying serial numbers, the shop will send a copy of your ID to a nationwide database that the NYPD will use to monitor regularly. Your crucial information ends up in the hands of a police department for proper tracking and matching with stolen goods reports — no more, no less. Beyond the pawnshop, the only other entity that’s allowed to hold your information (which also includes your description and identification) is the local police department.

In accordance with law enforcement, state laws, and federal regulations, pawnshops are required to keep your information between three to five years on average. After five years, East Village Buyers personally shreds paper records and deletes digital files of a client’s information to ensure that no one else gets their hands on it, meaning your data will be safe in their hands! 


To answer the question at the beginning of the article, it’s safe to say that you can trust your local pawn shop with your sensitive information because of all the laws, regulations, and strict standards involved. 

Are you looking to pawn, buy, or sell anything in the safest and most reliable way possible with a great value for your money? Pay a visit to your local pawn shop in NYC today!
East Village Buyers - Pawning 101 - A Guide to Determining Your Item’s Value
Written by Gabriel S. on March 23rd 2020
If you’re looking for some fast cash, heading to the pawnshop is a great idea.

Pawnshops allow you to sell your valuable items for a quick and decent amount of cash with a pawn loan. You can also purchase high-quality products at reduced prices at the shop. 

Choosing a Pawnshop 

Pawnshops buy all sorts of items as long as they have value. However, just because you need fast cash does not mean you should sell your item of value to the first person who gives you an offer. 

As a team that runs a reputable pawnshop in East Village, we understand that selling your items off is not easy, especially when it has a sentimental value to you. This is why we like to help you get the best offer for your item. 

The first step you need to take when selling off items to the pawnshop is to understand how pawnbrokers assess the value of your merchandise.

How Do Pawn Shops Determine an Item’s Value?

Years of experience

There are several ways that pawnbrokers use to determine the value of an item. Typically, their main method is through their experience in dealing with buyers and sellers over the years. 

Trained pawnbrokers backed by years of knowledge and experience can often assess the value of an item upon close inspection based solely on their previous experience in handling similar products.

Oftentimes, pawnshops are run and managed as a family business. As the company has been running for years and pawnbrokers have been dealing with customers every day, they discover a lot of information about diverse kinds of merchandise.

The Blue Book market value

Sometimes, it takes more than knowledge and experience to place a value on an item. There are some other ways pawnbrokers use to determine the worth of a product. For instance, pawnbrokers who are new to the industry and have difficulty identifying an item’s worth spot on refer to the Blue Book market value or certain databases for the items they buy.

Internet research

Pawnshops who have new employees who may be unfamiliar with excellent buying and selling ranges for some products may do some online research to get a background idea on the worth of an item. Using the Internet as a basis requires them to consider naming a price that will justify a profitable resale value for their pawnshop.

How Do You Discover an Item’s Value Prior to Going to the Pawnshop?

You can easily find out an item’s worth using Amazon and eBay. As you use these sites for value comparisons, try to find similar items or, if possible, the same make and model of your product so you can get a more accurate idea of the value of your merchandise. Also, make sure to consider any damage on your item or the amount of wear and tear your product has undergone to further determine the value of your item in its current state.


Selling your valuable items to pawnshops is a great and convenient way to have quick cash. To make the most out of your sale and get the best value for your merchandise, look for experienced and trustworthy pawnbrokers.

Whether you want to sell electronic gadgets, handbags, or jewelry, you can turn to our pawnshop in East Village for fast and easy top dollars. Visit our location or contact us today for a quote. We look forward to hearing from you!
East Village Buyers - 4 Must-read Tips Before Selling Diamonds to a Pawnshop - What to Know
Written by Gabriel S. on March 15th 2020
If you’re in need of some quick cash to buy or pay for something important, then approaching a pawnshop might help you. Pawnshops are known for taking almost any item worth selling in exchange for cash. They offer reasonable prices and are capable of giving you a fair amount of time to pay them back. 

One of the most popular items to sell or pawn is diamonds. Diamonds have a high value and sellability, while also maintaining their monetary value for prolonged periods of time. Unlike other items, diamonds quickly sell-out in pawnshops—making it a valued business choice for pawnshops to obtain them when possible. 

Due to its sellability and high value, pawnshops inspect heavily all diamonds being pawned to them. The most basic form of inspections involves the checking of the diamond’s four Cs.

The Four Cs

The four Cs in the diamond’s appraisal are as follows: carat weight, color grade, clarity grade, and cut grade. Bigger carats, better color quality, clearer stones, and more intricate cuts make for a highly-priced stone. 

To better know the value of your diamond before selling it, get an assessment of a jeweler that can help you get a gauge of your diamond’s quality, as well as a relative price range. Knowing this gives you a bit more advantage when negotiating with pawnshops for a price for your valuables.

Before approaching a pawnshop, some preparation will go a long way to giving you a better price for selling or pawning your diamond off. Here are four basic tips to prepare you for your visit to the pawnshop.

Make a self-assessment

Ask yourself how much money do you actually need. Will the diamond be enough for the cost, or is it overmuch? Can you sell something else instead of your diamond? 

By knowing the answer to these questions, you can really decide whether a pawnshop is the best option for your needs. While pawning or selling a diamond merits a large sum of money, resale of diamonds usually merits money loss from your original purchase, so make that choice wisely.

Estimate your timetable

Given the amount of money you need, how much time will it take for you to gather the money again to pay the pawnshop back? Give yourself a healthy estimate and add some days to act as a buffer just in case.
Research pawnshops

Assuming that you’ve already received the expert opinions of a jeweler regarding your diamond’s value, you may now do a quick search of where to pawn it. Make some background research on various pawnshops, and find out which ones give the best prices, the best time tables, and the best service. Aiming for a reputable pawnshop is recommended when handling diamonds that you really plan on getting back.


Ensure that you and your chosen pawnshop come up with a well-ironed out contract and have the appropriate documentation in all your dealings. Make sure you read all the contents of whatever you sign, as this will save everyone a lot of trouble later on, in case of confusion or misdealings.


By knowing the value of your diamonds, as well as following through on the four aforementioned tips, you can make your pawnshop experience much smoother. With a little preparation, you can avoid getting scammed and ensure that you get the best price for selling your diamond.

Are you looking for a reputable and highly-professional pawnshop in New York to pawn your diamonds? Get in touch with us now, and see what we can offer for you!
East Village Buyers - All You Need to Know about Investing in Silver in 2020 - Our Guide
Written by Gabriel S. on March 2nd 2020
For nearly the entirety of the precious metals trade, gold has sat at the top and established itself as the material to keep an eye on for any investor who is looking to get into the trade. As easy as it may be to see why gold has become the most sought-after precious metal, silver is another alternative that’s just as shiny, just as integral to the industry, and has a potential to be just as lucrative.

Why silver deserves just as much attention as gold

With a 5,000-year trading history that spans across continents, it’s no secret that silver has amassed quite a cultural and industry-wide significance. In spite of the fact that it has been around for quite long, silver continues to be overlooked as an investment option. The reality of it all, however, is that true investors have always understood the value of silver. 

Silver—contrary to the fact that it has been dubbed as “poor man’s gold”—is undoubtedly a viable investment option that can lead to greater levels of profit if you play your cards right. If you’ve been meaning to invest in the precious metals industry but want to start small and win big, here’s everything you need to know about silver and why you should trade it in 2020 and beyond.

The dynamic between silver and gold

Currently, gold trades at a sub-$1600 level with a $1588.90 per ounce price, while the same weight in silver currently sits on a $16.80 level. While this may show quite a large disparity, silver’s low price point essentially makes it an optimal entry-level investment. The lower price point that silver has, however, actually creates great advantages that make it easier to work with and allows it to poise itself for larger surges in demand that lead to higher returns! 

What drives the price of silver up nowadays and why you should invest in it now

Aside from the jewelry industry, silver has amassed a huge level of demand and continues to rake in more sales than ever as it continues to be used extensively in the electronics industry. 

Thanks to its top-notch electrically-conductive and thermal properties, silver has set itself apart as one of the electronics industry’s most invaluable resources, essentially leading half of its overall supply to be used in technological purposes. Given the fact that the demand for consumer electronics is now higher than ever, production numbers for components that use silver in their composition show no signs of stopping anytime soon. 

Additionally, silver’s use in the electronic’s industry is also a valuable resource for the medical industry as it shows an exceptional ability to kill bacteria and inhibit the growth of any colony. With fears of NCoV stronger than ever and cases continually rising on a global scale, expect to see a surge in the demand for silver this 2020. 

Final words

With a storied position in the precious materials industry and a strong price history, silver continues to set itself apart as the commodity to watch out for in 2020 and beyond. If you’re looking to make a fortune and stake your claim in the precious materials industry with the help of silver, get in touch with East Village Buyers today to see how we can help! 
East Village Buyers - 3 Tips on Getting the Best Deal for Your Items at a Pawn Shop - Our Guide
Written by Gabriel S. on February 23rd 2020
Financial distress can happen unexpectedly to anyone, and when you run out of cash, you may immediately think of payday loans. Although these loans are great to help you with your cash flow problems, they may actually come with downsides of high-interest fees and rates.

If you are looking for an alternative way to get money, you can head to a pawnshop instead. Though pawnshops may have gained some undeserved reputation in the past, they are actually legitimate businesses that serve the communities and its people in a way that traditional banks could not provide. Pawnshops are not the run down and shady shops where criminals like to fence their illegal hauls. As a matter of fact, police thoroughly check these shops and keep tabs on their inventory to ensure no such things are happening.

How to Get the Best Deals at Pawnshops

Before selling your valuable goods at a pawnshop, it is important that you know how to get the best price for your items. Pawnshops normally do not offer to loan the full market value, but usually a limit of 10-50 percent. Interest rates vary as well, ranging from 20-25 percent, and loans are only on a short-term basis (maximum of 30 days).

If you are still thinking of going to a pawnshop, below are three trips to simply your process:

Find the right pawnshop

Before making a decision on where to sell your items, do some online research on all the potential pawnshops around your locality. See what others are saying about several pawnshops by checking online reviews, and asking for referrals. Then, it will be easier for you to choose a reputable and credible option that you think can give you the best value, and you would feel comfortable working with. Remember, some shops only accept specialized items. So, if you have an antique or a family heirloom, look for shops that have the expertise with these items.

Learn to negotiate

When you’re at a pawnshop, you will be expected to negotiate, so do not hesitate to learn more about it. At times, the first price that the shopkeepers will give you may not always be the highest price that they are willing to give. This is why you should research the market value of the item that you are wanting to sell or pawn. 

If you know how much your item is really worth, then you can easily work with even just a ballpark figure and negotiate for a better price. However, expect that you may never get the full price of your item since pawnshops need to sell these items at a profit. Depending on the item type, aim for about 60 to 85 percent of the full value. 

Bring the needed documents
If you are trading high-end items, like pieces of jewelry or diamonds, have it appraised before bringing it to the shop and make sure you to bring the appraisal report with you. A diamond buyer would want to check for the provenance and authenticity of the item, so it’s best to keep these documents handy for their references.

Final thoughts

Remember, before going to any pawn shop in Brooklyn, whether you want to buy, sell, or pawn, it is always best first to consider your options. While selling valuables to pawnshops won’t make you become a richer person, but they can come in handy when you need a little extra fast cash. Keep the tips above in mind so that you’ll be able to get the best return when negotiating at a pawnshop.

If you are looking for a reputable pawn shop in New York, check out East Village Buyers today!
East Village Buyers - 3 Tips to Help You Purchase Designer Bags from Pawnshops 
Written by Gabriel S. on February 17th 2020
If you've been purchasing designer handbags for quite a while, you know that it is much more than just the brand. Unlike cheaper bags out there, designer handbags tend to be more durable and come with plenty of different designs. In other words, it'll last you for many years and will keep looking great at the same time!
That said, did you know that one of the places you can purchase a designer handbag is from a pawn shop? Do note, however, that if you do find a designer handbag here for sale for a fraction of the original cost, it is vital that you put a little effort into making sure that you're not getting scammed and end up purchase a bag with no value.
If you are looking to purchase designer bags from pawnshops, here are three tips to help you:
1. Look for shops that specializes in handbags

While this isn't a "make or break a deal" factor, it would help if you can find a pawnshop that specializes in selling designer handbags, or at the least bags.
The reason you'd want to do this is that it would be easier for you to research about the shop, particularly about the handbags that they offer. As a plus, they'll be offering a wide array of handbags that you can choose from, while a general pawnshop might be extremely limited.
2. Only buy at trusted pawn shops

Remember, not everything that you'll find at these shops might be what they say it is. As a result, you might even come out with a handbag that isn't what you expected it to be.
That said, whether you're shopping online or even at the store itself, make sure that it has a good reputation among the community it serves. If it specializes in a handbag, make sure that it has a good name within the designer-handbag community as well.
If possible, go to a shop that has a designer-handbag expert employed to guide people, including you, through their purchasing decision. This is especially useful if you don't have an idea of what kind of designer handbag you're looking for or if you need some expert advice on what you should buy to fit your style.  
3. Read reviews about the shop

The best place you can check out reviews on your prospective pawnshop is through review websites. There, while you might not fully know whether or not the reviewer is truthful in their statement, at least you know that the reviews there are not picked and polished by the shop. Social media is also an excellent way to figure out how people respond to the shop's service.
Remember that every store out there is going to have some negative reviews because, after all, the reviews are subjective. What you'll need to do then is to figure out how serious the negative reviews are. If the shop did respond to the review, find out how well they answered it as well.
Wrapping up

Purchasing a designer handbag doesn't have to drain your entire wallet. Shops like pawn and consignment shops all offer you a chance at landing one for a fraction of the cost. That said, remember the tips we've shared above, and you can be confident that your designer handbag purchase is genuine and suits your style! Looking for a pawnshop in NYC? Get in touch with us today to see how we can help!
East Village Buyers - Get the Most out of Your Loose Diamonds With These 3 Selling Tips - Guide
Written by Gabriel S. on February 10th 2020
Selling loose diamonds can be challenging yet fulfilling, especially when it comes to the game of getting the most value for your money. Here are a few tips that you can use to get as much as possible for what your loose diamonds are worth: 

Run a background check on your prospective buyer 

Running a background check on your buyer can protect you, your jewelry, and your returns as best as possible. By doing so, you’re essentially buying yourself a significant amount of security with a pre-deal check to gauge whether or not someone is worth dealing with. For instance, checking if a prospective buyer has a GIA-certified gemologist with them will tremendously help with ensuring that they’re accompanied by an expert who can properly appraise your diamonds using the four C’s: cut, clarity, color, and carat.

Additionally, talking to your buyer can also help with gauging their trustworthiness, given the extent of their knowledge and expertise. You can ask them questions and use their answers to assess their level of skill as well.

Avoid pressuring or rushing yourself to close the deal ASAP

To ensure that you’re getting the best value for your lot, calm yourself down and head into the selling process with a whole lot of patience. 

Unless you’re selling to fund an emergency, it’s essential to understand that rushing into a decision when offloading your loose diamonds will not properly maximize their value. Before you finally meet up with your buyer, get in talks of making the sale, and agree on a final number for your loose diamonds, it is essential to put yourself in the right headspace and take as much time as possible. As soon as negotiations are underway, it is vital to avoid any unnecessary pressure and only allow yourself to settle for a price or agreement if you feel comfortable with it. 

Study your diamonds as best as you can

Selling your loose diamonds and getting the best value for your assets is knowing what you’ve got on you. What better way to do this than by studying and understanding your project in all aspects?

In the days leading up to the actual deal, it is first important to inspect your diamonds. Assess them for the following:

The size of the diamond in carats (which can be either weighed or inspected by a GIA-certified gemologist)
The origin of the diamond
The type of diamond that you have
The cut that your diamond was shaped after
The associated trademark your diamond has (e.g., Tiffany or Cartier trademarking)
A presence of any deformities or cosmetic blemishes (such as nicks or chips) that can decrease its value

It is also recommended that you spend a bit of time on the internet and research on market prices for your product according to various conditions to come up with a proper final figure you’ll work with. Other important factors that can increase the total value of your loose diamonds are supporting documents and paperwork. You’ll be able to pair your set of loose diamonds with a well-documented history that fully captures each gem’s backstory and adds value to the whole lot. 

Final words

By following the tips mentioned in this article, you can ensure that you’ll be getting top-dollar for the entire lot of loose diamonds that you’re looking to part ways with. If you’re looking for a reputable specialist in diamonds and all sorts of gems, get in touch with New York’s foremost experts at East Village Buyers today! 
East Village Buyers- The Best Ways to Earn Cash Without a Loan - Our Guide
Written by Gabriel S. on February 2nd 2020
People who need quick access to cash would often think about obtaining a loan. However, there are other more convenient solutions to securing a fixed amount of money without the need for credit facilities. 

People often take for granted the items inside their homes. Most of them don’t realize that they are worth enough to cover a debt payment or to purchase a much-needed gadget. By simply checking the items inside one’s house that are no longer in use, homeowners may earn more money than they initially asked for. 

Here are a few tips on how to earn cash without a loan:

Sell Antique Furniture to Redeem its Market Value

Most people have antique furniture with a high market value that they are not aware of. Antique furniture is identified as age-old furniture that belongs to a specific style period. They are considered valuable because of the detailed craftsmanship of a style era that comes with it. These include wooden dressers or armoire storage from the Victorian era or decorative vases and pots with gothic influence.

Sell Authentic Jewelry at Appraised Prices

One of the most expensive things that are ideal for selling at second-hand prices are pieces of jewelry. Authentic jewelry is appraised by a skilled professional to determine its price. Many people keep too much jewelry that they hardly use. That said, it is good to let go of jewelry, especially if they are only worn on special occasions. Instead of storing them with the high risk of being stolen or being forgotten, they are ideal for selling to earn quick cash.

Sell Electronics and Gadgets that Are No Longer in Use

One thing that many people have in common is a stash of electronics and gadgets that they no longer use. While some of these gadgets are still usable, owners opt out of using them because they have newer and better gadgets. Most of them, however, are still worth a good amount of money, even if sold as second-hand items. 

Sell Designer Items at a Considerably High Price

Aside from gadgets and jewelry, major designer items are also ideal for selling. When selling second-hand items, it’s essential to make sure that the buyer appreciates the value of the items. This ensures that the items are sold at a considerably high price. Some of the significant designers include Jordan, Louboutin, Louis Vuitton, Chanel, Gucci, and many more.


Instead of obtaining a loan that may be hard to manage, it’s better to use existing resources. It’s easier to gain peace of mind with the help of a legit vintage seller or buy and sell center. They offer a good price for second-hand items to gain a sufficient amount of cash on hand easily. It’s also an ideal alternative to pay for the sudden need for cash, such as health emergencies or home repairs.

To get good deals on used and new items, consult with East Village Buyers. We are a buy and sell shop that offers a great price on electronics, handbags, and jewelry in exchange for cash. We guarantee the highest prices in the market as well as instant cash out on the spot. The process is easy and risk-free, without the need for the usual lengthy application process.

If you’re looking for a pawn shop east village in New York that will buy your jewelry, get in touch with us today! We’re happy to help.
East Village Buyers - How to Choose the Perfect Watch for You - Our Guide
Written by Gabriel S. on January 26th 2020
‘One size does not fit all,’ as people say. Choosing a watch is quite tedious and tricky because there are no set rules in getting the perfect size or shape for your wrist. It’s always been about getting a perfectly balanced and proportionate watch. With that in mind, the guide below should help you find the ideal watch that fits your wrist like a glove:

Know Your Wrist Size

Starting with the tricky part, you need to know your wrist size. Categories may include very thin, slender, medium, or thick wrists. These are also factors in choosing the best watch for you. If you get your wrist size right, you can then pick the perfect timepiece based on design and comfortability. 

Knowing your size is particularly helpful in filtering designs and styles for you to choose from. This may also come in handy when shopping online, where you can skip the hassle of fitting the actual pieces before you purchase. For instance, if you have thin wrists, you may want to choose a sophisticated watch. Then, for thick wrists, a sports watch would seem like a flattering choice.

How to Measure Your Wrist

Use a flexible measuring tape or a strip of paper. For the tape, wrap it around the area of your arm where your watch band would usually place, ideally, just below the wrist bone. For the strip, mark the point where the end meets itself with a pen. 

Unwrap it, then lay it flat next to a ruler to get your exact measurement. Categorize your wrist by 14-16cm for very thin; 16-17cm for slender; 17-18cm for medium; and above 18cm for thick.

Key Factors in Choosing the Right Watch

Now that the band is set, it’s time to select the perfect watch. Critical factors for this include case diameter, case thickness, bandwidth, band material, and the details.

Case Diameter

The diameter is the center of attraction for a watch. As such, the width must complement your wrist size. In general, for men, widths range from 38mm to 46mm. Anything beyond or below this range appear small or large. To find your perfect diameter size, check your wrist measurement. 

For wrists between 14cm to 18cm, choose a small or medium watch with 38mm, 40mm, or 42mm diameter. For wrist sizes of 18cm or above, choose a larger diameter; ideally, 44 to 46mm.

Case Thickness

The golden rule is that the case depth must always be directly proportional to the diameter. With this, thickness increases as the width do. This results in choosing the most flattering thickness for your wrists that complements the right width for you. Mostly, 38 to 42mm diameter watches complement 7mm thickness. For 44mm and above, 9mm or more thickness is just right.

Watch Bandwidth

Most well-proportioned watches feature width that’s half its diameter. As such, 42mm cases complement 21mm bandwidth watches. This is just a recommendation, although many men’s choices still depend on their individual tastes.

Band Materials

Metal bands appear heavier and thicker compared to leather, so it matches well with larger wrists. Although there are Milanese styles with thin metal bands, some still resort to their personal preference as a factor in choosing the best material.

Watch Details

Last but not least, details matter. These include markers, hands, subdials, and crowns. Its size and prominence can affect how a large timepiece may seem to appear. Men with slim wrists and smaller watches choose minimal features while the larger frames stand out with more dominant features.

In Conclusion

Comfort is a crucial factor when looking for the ideal watch. The band should be enough to slide through your wrist but also not too loose to dig into your skin. Then for some, it’s the case size, bandwidth, and design. All these can sound quite technical, but it’s more comfortable than it looks. To that end, the list above explores some tips on choosing the right fit for you.

If you’re looking for a pawn shop in Brooklyn, New York that sells jewelry, East Village Buyers is where you need to go. Get in touch with us today, we’re happy to help.
East Village Buyers - 4 Reasons to Invest in Antique & Vintage Jewelry - What to Know
Written by Gabriel S. on January 18th 2020
The terms antique and vintage are used to date older pieces of fine jewelry; however, it does not mean the same thing, nor do both reach the same estimate in terms of value. To put it simply, antique jewelry dates back to at least 100 years or older. Such pieces are usually family heirlooms or pieces that were made from the 1920s. 

On the other hand, jewelry that is at least 20 to 30 years old is considered vintage, dating during the 1990s. Nevertheless, if you are on the hunt for the perfect engagement ring or want something to add to your collection, something vintage or antique may be an ideal choice. Here are the reasons why “something old” is an invaluable addition to your collection:

1. It has outstanding value

Antique, vintage, or second-hand jewelry less expensive than modern pieces as these are considered sales-tax exempt. This is because the stones used are cheaper as it no longer has any manufacturing costs involved, allowing you to have a taste of pure luxury without spending too much money.

2. It has a better quality

Many rings, both old and new, are eye-catching by default. However, antique or vintage rings are often crafted by hand or at the very least, hand-finished. This gives it a unique design with intricate details giving it a timeless look that is meant to impress the generations to come after it’s passed down. 

Depending on where you visit, you can find classic silver and pearl pieces of the 1920s art deco necklaces to gilt and acrylic collector’s pins from the 1950s. The options seem limitless, but all are built with a higher and personalized quality of artistry that may be lacking in some modern jewelry today. As people say, they don’t make it like they used to!

3. It’s a growing investment

If you’re planning to sell modern jewelry, it’s important to remember that such pieces are often exchanged for a lower price. This is because its value is based on the costs of metal and gemstones separately from the wholesale market. 

On the other hand, you can buy antique or vintage jewelry at a lower price and sell it to collectors or appraisers for a higher rate as its value is worth more than the sum of its parts. East Village Buyers, for instance, is a pawn shop that offers hot deals for your collection.

This is because each piece can no longer be duplicated using modern production methods, making it truly a one-of-a-kind piece that surpasses even the test of time. 

4. It’s uniqueness and craftsmanship is on another level

If you’re looking for a unique engagement ring to represent your love and commitment for a partner, you may be thinking of investing in a personalized ring. However, such pieces can be costly when you consider how expensive standard rings are already in the market. In that regard, vintage or antique jewelry is crafted with elaborate and romantic designs. 

In Conclusion

From the outrageous to the sophisticated, these old pieces capture different eras in time, making it vary in style including open-worked galleries, carved shanks, hand-done Milgrain work, and caliber cut accent stones. It includes the intricate, golden filigree and precious gemstones from the Victorian period, down to the flora and fauna-inspired pieces from the Art Nouveau period.

If you’re looking for a pawn shop in Brooklyn, New York that sells jewelry, East Village Buyers is where you need to go. Get in touch with us today, we’re happy to help.
East Village Buyers - 9 Best Items to Pawn at a Pawnshop - What to Know
Written by Gabriel S. on January 12th 2020
If ever you get into a situation where you are strapped for cash, know that pawning items is one of the ways you can get quick cash. It’s a short-term loan with collateral, which means that once you pay off your loan, you can get your item back. Keep in mind that you can always choose not to get your item back and sell it to a pawnbroker instead.

Whatever the case may be, pawning items have provided many people with immediate relief during financially-tough situations. That said, here are nine of the best items that you can pawn to give you the most value: 

1. Jewelry

Jewelry holds an immense amount of value, especially gold and silver. Pawnshops are always on the lookout for precious-metal jewelry, such as necklaces, bracelets, and rings. If you have some pieces of jewelry that hold such value, you can pawn it in exchange for some quick cash. The good news is, as mentioned, you can always have it back once you paid off your loan, especially if they have sentimental value to you. 

2. Electronics

Mobile phones, digital cameras, laptops, and tablets are some of the electronics that you can pawn. You’ll find that their values at the pawnshop are similar to sites like eBay. You only have to make sure that your device is in good working condition, and, as much as possible, the items must be in a complete package. This means that it must have all the accessories, such as chargers and even the box. 

3. Gems

Pawnbrokers are always interested in purchasing diamonds and other types of valuable gems due to their demand. If you have a diamond or a particular precious gemstone, you can use this at a pawn shop for fast cash. You can also find a diamond dealer if you’re looking to exchange a gem for money. 

4. Guns 

One of the best aspects of guns is that they retain their retail value. You can use this for pawning, but you will need to have all the legal paperwork with you. Keep in mind that not all pawn shops can purchase or pawn licensed guns, so it’s best to call and check ahead of time. 

5. Collectible currency

American coins and eagles, silver certificates and dollars, and federal notes are some of the collectible currencies that you can pawn. You’ll be surprised at how much you can get from some of them. 

6. Used sporting equipment

Bikes, golf clubs, surfboards, and skis are some of the sporting equipment that pawnshops will purchase. If you have any sporting equipment that you no longer use but are still in good condition, you can take it to the East Village pawnshop and make money out of it. 

7. Antiques

Check your attic because you might find some antiques that you can take to a pawn shop. Keep in mind that the antiques that pawnshop gets vary greatly as trends change. Yet, it won’t hurt to give it a try. 

8. Watches

If you have a valuable timepiece, you’ll find it helpful to get some money from a pawnshop. East Village pawnshops factor in the authenticity and brand of watches. Because of this, you will need proof of authenticity when you plan to pawn watches. 

9. Musical instruments

Musical instruments under well-known brands, such as Fender and Yamaha, typically have the most value at pawn shops. If you have musical instruments at home that you no longer use, consider bringing it to a pawnshop instead.

At this point, you now know some of the items that you can pawn at the East Village pawnshop in New York that can earn you some quick cash! Visit us today to see what you can pawn.
East Village Buyers - Revealing the Myths About Diamonds -Why Are They So Expensive
Written by Gabriel S. on January 6th 2020
Ever wonder if the facts we know about diamonds may not exactly be true? Diamonds may not be so rare after all, but why are they so expensive? To find out what really makes diamonds valuable, let’s separate the myths from the facts. 

Myth #1: The cost of the diamond depends on the size
When buying a ring, people think that size is all that matters. Although size does matter, it’s not the only thing that matters. The fact is, it is only one factor out of the total four criteria to consider in the calculation of the price of the diamond. The next factor is the carat, which is the unit of mass of a diamond. The following two criteria are color and clarity. 

Therefore, in your next diamond purchase, don’t look at size alone. Instead, check out the three other factors, such as color, clarity, and carat. Keep in mind that rings with small diamonds can also have great value if they contain the three other characteristics. 

Myth #2: Diamond is the rarest of all precious stones
Most people believe that diamonds are more expensive because they are rare. However, they are not as unique as they are portrayed to be. Rubies, emeralds, and sapphires are technically rarer and more expensive than diamonds. Even before the 19th century, ruby and sapphire engagement rings used to be the best rings according to their traditions. 
However, a certain rich businessman named De Beers intervened in the market by pushing aside the tradition. He wanted to sell diamond rings and introduced them to the public. He insisted that they were a better option since they were rarer than the other stones. During that time, De Beers had already discovered a diamond trove in Kimberly, South Africa, where there was a source of a large supply of diamonds. He prevented the outflow of diamonds and maintained his control of their mining. 

Because of that, the other stones, such as emerald and sapphires, were effectively pushed aside in terms of popularity, even though they were rarer. Check out the prices of these other stones at your local pawn shop downtown to see how much more expensive diamonds are in comparison. You can also check the prices from online shops that sell diamonds or an experienced diamond buyer.

Myth #3: The supply of diamonds is depleting

This statement is not entirely true because, generally, the supply of diamonds is still at a healthy level compared to other stones. There are types of diamonds, however, that are depleting in supply. Experts believe that colored diamonds, such as those that are yellow or rose-pink, have a high risk of running out within the decade. 
On the other hand, diamonds are still being produced around the world. In fact, more mines have opened now than before. Experts have also discovered a new way to manufacture diamonds inside a laboratory. They are less expensive, yet look exactly the same as the traditionally mined diamonds.

After a thorough reading of all the myths, we can safely say that there is some truth to each myth. Diamond is expensive because it is high in demand, even though it may not be the rarest stone. Diamonds and other stones have a rich history behind them. 
Tracing back their history will help us get to know more about its value. To find out more about the rich history of jewelry, consult a diamond expert such as East Village Buyers, a reliable pawn shop in east village and an experienced diamond buyer.
East Village Buyers - How to Differentiate Between Fashion Jewelry & Fine Jewelry - Our Guide
Written by Gabriel S. on December 31st 2019
Telling the difference between fashion jewelry and fine jewelry can be quite tricky, especially for the untrained eye. Expert authenticators can distinguish the two types of jewelry by the quality of gemstones and metals used to create the jewelry. The two types of jewelry might appear equally remarkable; however, they have distinct characteristics. Determining what category a piece of jewelry belongs to all boils down to the type of materials used to create the piece. 

For every jewelry collector, it’s crucial to get to know each type of jewelry beyond its aesthetic appearance. It will help if you have a deeper understanding of how fine and fashion jewelry is sourced and made. 

To give you an insight into the different characteristics of the two categories, read on ahead for some enlightening tips and guidelines.

Fine Jewelry

Fine jewelry is made entirely out of solid precious metals and gemstones. Precious metals, such as gold, sterling silver, palladium, and platinum, are rare to find, which justifies the price point of exceptional jewelry. Precious gemstones include real diamonds, rubies, and sapphires. 

The advantage of this type of jewelry is that it will last much longer due to the strength of its material. With proper care and storage, it will not tarnish easily nor tarnish at all, depending on the level of care involved. Additionally, in case it does get broken or damaged, fine jewelry, such as gold, can be melted and brought back into a renewed state.

Fashion jewelry

Fashion jewelry is made completely or partially out of base metals, textiles, or simulated stones. This type of jewelry is also referred to as costume jewelry. The most common kind of fashion jewelry are rings, necklaces, earrings, and bracelets that are made with Swarovski crystals or beads. Textiles such as leather in the form of chokers or bracelets are also quite common. 

The advantage of fashion jewelry is that the prices are not that high, which gives you the chance to collect and explore more items. However, most ceramic fashion jewelry is prone to bending or tarnishing. Some of the jewelry that can easily tarnish are brass, copper, aluminum, base metal alloys, or metals that are plated with gold or silver.

Is there a semi-fine category?

There has been a long line of discussion on whether or not there is a third type of jewelry. Some people think that “semi-fine” is another category by itself. Semi-fine jewelry is also made up of real gemstones that belong to the lower price range, such as opals and morganite. However, despite the insistence of some collectors, experts and authenticators do not agree with the third category of jewelry. In their perspective, semi-fine jewelry is better categorized as fashion jewelry due to the incorporation of base metals.


Now you have a better idea of what type of jewelry to buy. To help you with your decision, feel free to consult with an expert authenticator to guide you in verifying the nature of the stone or metals. Keep in mind the pros and cons of each type of jewelry. While fashion jewelry is less expensive, it can easily tarnish or bend after frequent wear and tear. Meanwhile, fine jewelry is a better investment as they last longer. If you’re looking for fine jewelry that will fit your budget, you may want to look into pre-owned jewelry. 

If you’re looking for a pawn shop in Brooklyn, New York that sells jewelry, East Village Buyers is where you need to go. Get in touch with us today for more information.
East Village Buyers- Our Guide to Giving Jewelry as Anniversary Gifts - What to Know
Written by Gabriel S. on December 23rd 2019
Giving an anniversary gift is a significant representation of how well you value your relationship with your spouse. For those scouting for a gift for their loved one, you might find it interesting to follow the traditional style of giving an anniversary gift. For every year of your married life, you can give a meaningful piece of jewelry according to proven traditions. What better way to solidify your love than to show a message of consistency and eternal love clearly?

In traditional gift-giving, every year represents a different material to commemorate the length of time you’ve been together. Say, if you’ve been together for six years, you can give jewelry made of iron; for your eighth anniversary, you can provide a bronze ring or bracelet. As the years get longer, the material becomes more and more precious. The later years include luxurious materials made of silver, pearls, rubies, sapphires, gold, emeralds, and diamonds. 

This article will help you choose the perfect piece of jewelry for your anniversary.

First Anniversary: Paper

Take note that even if you’re in the earlier stages of your married life, you can find ways to give jewelry while representing the material theme. If you plan to give a romantic piece of silver jewelry to your loved one, even if you haven’t reached your 25th year, you can do so, along with a bouquet of paper roses. Then, write a letter to explain the different representations of the paper material and how it reflects the beauty of your relationship. Your significant other is sure to feel wooed!

Fourth Anniversary or 12th Anniversary: Silk and Linen

The fourth and 12th-year have the same material theme—silk. This material feels luxurious and will become even more so if you include something sparkly alongside. Find a silk robe in your spouse’s favorite color, then package it in a box where you can place the jewelry of your choice. Try a diamond necklace, an elegant bracelet, or even some beautiful earrings!

15th Anniversary: Crystal

Crystals will look classy and elegant on your spouse. To celebrate your 15th year of marriage, you can send a gorgeous set of bracelet and necklace with crystals and stones. You can have them embellished with some diamonds to make your gift even more memorable.

30th Anniversary: Pearls

Pearls remind you of beauty, simplicity, and timelessness. Just like the timeless beauty of your spouse, choose a set of pearls that have diamond accents. These will look simple, yet elegant when worn.

35th Anniversary: Coral

To commemorate the long years of being together, give her a coral, a perfect material to represent a woman’s delicateness. Coral is an organic gemstone that is naturally formed over time. The color of coral looks sweet and neutral, complementing the beauty of a woman perfectly.


An anniversary is a special day that commemorates the successful years you spent as husband and wife. Whether you choose simple or extravagant gifts, a woman blooms whenever she receives a meaningful gift from someone she loves. Jewelry may never fully compensate for the togetherness you spent as a couple, but it’s the closest thing that can make your spouse feel appreciated even after all those years.

If you’re looking for a pawn shop in Brooklyn, New York that sells jewelry, East Village Buyers is where you need to go. Get in touch with us today for more information.
East Village Buyers- The Best Vintage Engagement Ring Styles for Classy Women - Our Guide
Written by Gabriel S. on December 16th 2019
An antique engagement ring speaks volumes about a woman’s beauty. It has a feeling of royalty and charm attached to it, especially with the mysterious history behind it. It makes you wonder who must have owned it before. Did it come from the Victorian age or the Edwardian era? 

Antique engagement rings have beautiful details that reflect remarkable craftsmanship. There are different styles available out there. If you’re looking for the perfect vintage ring in the market, we listed below some of the best styles that fit the classy and modern woman.

Victorian Antique Engagement Rings

This style of engagement rings is one of the earliest styles from around 1835 to 1900. The Victorian era focused on an extremely intricate design that features rows of diamonds. This is the era that the “mine cut” originated. It means a cut with an extra facet on the bottom. 

There were also simple designs during this era. In fact, this era produced the popular Tiffany six-prong diamond solitaire as early as 1886. A little advice for the buyer: if you are scouting for an antique Victorian ring with softer stones, such as opal and pearl, make sure to check for internal damage, such as cracks.

Edwardian Engagement Rings.

The Edwardian era (1900-1920) was when the oxyacetylene torch was first discovered. It is the process of using fuel gases and oxygen to weld or cut metals. Jewelers of the era explored new methods, such as mill graining, scrollwork, and filigree detail on the mountings. 

The crafting of pierced shapes also became extremely popular during this time. Today, bright white is considered the best quality of a diamond. Back then, however, the elite preferred slightly colored ones, such as brilliant sapphire and rose-cut diamonds.

Art Deco Engagement Rings (1920–1930). 

The Art Deco era goes back from 1920 to 1930. This era became a significant age for machinery as people started inventing more industrial equipment. This era opened up different opportunities with jazz and exoticism. 

Many people clamored for colorful and contrasting gemstones as well as geometric lines on their jewelry. They loved the extravagant look of glitters and overcrowding of diamonds within one ring. 

If you are on a budget but want the look of a larger diamond, consider an antique engagement ring from the 1930s or 1940s. The diamonds in these bands were often set in an elaborately carved setting, which makes the diamond appear more substantial.


Vintage engagement rings are hard to find and often one of a kind, just like the woman that you are about to propose to. Usually, the more expensive rings are the oldest ones, since they have more attached value and history to it. However, you can be sure that each ring, regardless of what era, has a unique quality and craftsmanship. 

Choosing the right ring is a crucial decision for a groom-to-be. Make sure the ring you choose will reflect the beauty and personality of your future bride. If you have set your mind as to what style you want to buy, try searching for the perfect ring in antique stores, jewelers, estate sales, pawnshops. Several online shops also offer a wide range of vintage rings. During your scouting, take note that it’s essential to make sure that the seller you choose is trusted and reputable in your area. 

If you’re looking to purchase an engagement ring from a pawn shop in Brooklyn, New York - East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers- The Best Vintage Engagement Ring Styles for Classy Women - Our Guide
Written by Gabriel S. on December 16th 2019
An antique engagement ring speaks volumes about a woman’s beauty. It has a feeling of royalty and charm attached to it, especially with the mysterious history behind it. It makes you wonder who must have owned it before. Did it come from the Victorian age or the Edwardian era? 

Antique engagement rings have beautiful details that reflect remarkable craftsmanship. There are different styles available out there. If you’re looking for the perfect vintage ring in the market, we listed below some of the best styles that fit the classy and modern woman.

Victorian Antique Engagement Rings

This style of engagement rings is one of the earliest styles from around 1835 to 1900. The Victorian era focused on an extremely intricate design that features rows of diamonds. This is the era that the “mine cut” originated. It means a cut with an extra facet on the bottom. 

There were also simple designs during this era. In fact, this era produced the popular Tiffany six-prong diamond solitaire as early as 1886. A little advice for the buyer: if you are scouting for an antique Victorian ring with softer stones, such as opal and pearl, make sure to check for internal damage, such as cracks.

Edwardian Engagement Rings.

The Edwardian era (1900-1920) was when the oxyacetylene torch was first discovered. It is the process of using fuel gases and oxygen to weld or cut metals. Jewelers of the era explored new methods, such as mill graining, scrollwork, and filigree detail on the mountings. 

The crafting of pierced shapes also became extremely popular during this time. Today, bright white is considered the best quality of a diamond. Back then, however, the elite preferred slightly colored ones, such as brilliant sapphire and rose-cut diamonds.

Art Deco Engagement Rings (1920–1930). 

The Art Deco era goes back from 1920 to 1930. This era became a significant age for machinery as people started inventing more industrial equipment. This era opened up different opportunities with jazz and exoticism. 

Many people clamored for colorful and contrasting gemstones as well as geometric lines on their jewelry. They loved the extravagant look of glitters and overcrowding of diamonds within one ring. 

If you are on a budget but want the look of a larger diamond, consider an antique engagement ring from the 1930s or 1940s. The diamonds in these bands were often set in an elaborately carved setting, which makes the diamond appear more substantial.


Vintage engagement rings are hard to find and often one of a kind, just like the woman that you are about to propose to. Usually, the more expensive rings are the oldest ones, since they have more attached value and history to it. However, you can be sure that each ring, regardless of what era, has a unique quality and craftsmanship. 

Choosing the right ring is a crucial decision for a groom-to-be. Make sure the ring you choose will reflect the beauty and personality of your future bride. If you have set your mind as to what style you want to buy, try searching for the perfect ring in antique stores, jewelers, estate sales, pawnshops. Several online shops also offer a wide range of vintage rings. During your scouting, take note that it’s essential to make sure that the seller you choose is trusted and reputable in your area. 

If you’re looking to purchase an engagement ring from a pawn shop in Brooklyn, New York - East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - 5 Ways to Make a Diamond Look Larger - Our Guide
Written by Gabriel S. on December 8th 2019
There are four characteristics to look for when shopping for diamond jewelry: carat, cut, color, and clarity. Out of these 4Cs, most buyers pay the most attention to the stone's carat. While bigger is not necessarily better, it can't be denied that many people—especially brides-to-be—give much weight on the size of their diamond.

Diamonds can be expensive, and their price shoots up according to the carat. Some celebrity engagement rings are even known to cost millions of dollars! If budget is your concern, there are a few tricks to make a diamond look much larger than it truly is. Here are our tips:

1. Choose the Right Cut

The shape of the diamond dramatically affects its appearance. Princess cut diamonds, which are known for their perfect square, are tightly set together that they appear to be one massive rock. Irregularly shaped diamonds also look larger than round ones of equal weight. Some popular choices these days include oval, pear-shaped, and marquis diamonds. 

2. Focus on the Setting

Aside from the cut, pay attention to the jewelry's setting. Many vintage diamond rings from the 1940s come in an illusion setting. It uses metal prongs to keep the center stone in place while making it look bigger. 

A halo setting is also an excellent option for those who want larger-looking diamonds. It features tiny gemstones surrounding the center stone in a concentric circle or square, adding the overall sparkle of the ring. From afar, the expanded diameter of the ring makes the rocks look like one big piece. Pavé-set rings are another dazzling choice for the size-conscious buyer. It features small individual stones that line up towards the center diamond. It literally means that the ring is paved with diamonds. 

3. Add Accent Stones

A popular trend among diamond engagement rings these days is having smaller stones surround the center rock. It's an excellent way to emphasize the central diamond and make it look bigger. An example of this is Meghan Markle's three-stone diamond ring, designed by Prince Harry. It features a beautiful cushion diamond in the middle accented by two smaller round ones on each side. Aside from its classic elegance, this style holds meaningful symbolism—the three gemstones symbolize the couple's past, present, and future. 

4. Choose the Appropriate Metal Band

Having the right band is crucial to how your diamond sparkles. Platinum or white gold enhances white or clear diamonds, while a gold band can conceal a yellowish diamond. Aside from the ring's color, pay attention to its thickness. If your diamond is on the smaller side, make sure to flaunt it by setting it in a thinner, daintier band. 

5. Use Diamond Enhancers

Diamond enhancers are thin bands that are sold separately. They are sometimes lined with tiny gems. These can be worn to complement an important piece of jewelry, such as an engagement or wedding ring. You can slide it underneath or above a solitaire diamond ring, or you can wear two enhancers to flank your ring in between for a more dazzling effect. 

Bonus Tip: Keeping your diamonds clean allows it to shine brighter and look more brilliant. Make sure to give your precious jewelry regular cleanings at home, or take them to a trusted jewelry store to keep its luster. 

When it comes to diamonds, size doesn't always matter. With these clever tips, you can make a smaller stone look more radiant, giving you the most sparkle for your investment!

If you’re looking for a diamond dealer in Brooklyn, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Our Guide to Cleaning Diamond Rings - What to Know
Written by Gabriel S. on December 1st 2019
One of the most cherished and expensive pieces of jewelry is a diamond ring, but its worth more if you consider its sentimental value. That’s why it’s essential to clean and maintain your ring to ensure that it can stay in tip-top shape for years to come. They are, after all, a girl’s best friend. 

Cleaning it regularly is a must, so we’re here to give you a rundown on how to keep your diamond ring in pristine condition. The tips below should help make the process easier for you, in the long run, allowing you to keep your ring sparkling brand new even after years to come. 

What is the Best Way to Clean a Diamond Ring?

With the right tips on the proper procedure, cleaning diamond rings can be a breeze. Keep in mind that there are various ways to approach this for different types of stones and precious metals, but the steps below highlight a universally safe method for cleaning a diamond ring. 

Materials You’ll Need:

-  Warm water
-  A few drops of mild dish soap
-  A clean and soft toothbrush 
-  Soft, lint-free cloth

Steps for Cleaning a Diamond Ring

Step #1: Mix a few drops of mild dish soap to the warm water to create a safe cleaning solution. 

Step #2: Place your ring into the cleaning solution and let it soak for 20 minutes.

Step #3: Use a clean and soft toothbrush to remove dirt and stains gently. It’s also a good tool for reaching tight spots that tend to collect the most dirt and oil, such as the back of the diamond. Be sure that the toothbrush is reserved only for cleaning your diamond ring. 

Step #4: Rings off your soapy diamond ring using warm, clean water. Next, dry it off with a soft, lint-free cloth and be sure to do it carefully to avoid snagging the material on any of the pongs, which warp your ring as a result. 

To that end, be sure to avoid harmful solutions like bleach, toothpaste, or other household cleaners as the porous, precious metals can deteriorate when you expose it to the mentioned chemicals. 

How Often Should You Clean a Diamond Ring?

If you’re constantly wearing your diamond ring, it’s at high risk of wearing and tearing if you leave it unkempt for a while. With that in mind, the best times to clean your ring is between once or twice a week. 

To ensure its quality, you can also seek the help of a professional ring cleaner a few times a year for better results. Professionals can also detect any loose or out-of-shape prongs, allowing you to fix it before it gets worse. 

In Conclusion

Diamond rings are forever, so be sure to maximize their lifespan and make it look good as new by cleaning it regularly. The process varies depending on the type of metal, but for diamond rings, there’s no other way but to clean it as gently and thoroughly as possible. To that end, taking care of your ring is essential if you want to have it last for a lifetime.

If you’re looking for a diamond dealer in Brooklyn, New York, East Village Buyers is where you need to go. Contact us today for more information.

East Village Buyers - Our Guide to Buying Pave Diamond Rings - What to Know
Written by Gabriel S. on November 24th 2019
A pavé setting in jewelry, pronounced as “pa-vay,” is a French word that means “to pave.” Quite literally, it refers to the style of having smaller gemstones set jointly together as if they’re paving the way to a larger center stone. Diamonds are considered to have a pavé setting when they’re between .01 and .02 carats. Smaller diamonds are called micro-pavé and are often used in thin bands. 

When buying diamond rings, the pavé setting is an excellent choice because it offers lots of sparkle and elegance at a more affordable price point. Because the individual gems are cut smaller, they are less expensive. Pavé detailing is also incredibly versatile and pairs well with other types of settings, such as the halo and solitaire.

If you’re looking for an exquisite and timeless engagement ring, a pavé diamond ring could be your best option. Read on to know more about this classic style, and see if it’s the perfect choice for your loved one.

Pavé Settings vs. Caliber-Cut Settings

Buyers often confuse pavé settings with caliber-cut settings. These two styles may look similar but offer different effects. Caliber-cut rings are those with smaller gems surrounding the main stone to create an illusion of a bigger rock. 

Jewelers can mix and match different gemstones to create a unique design. For instance, small rubies can be used to surround center diamond to make a majestic ring, or aquamarine stones can be wrapped around a darker sapphire for a bluer-than-blue design. Pavé setting can be used with caliber-cut rings to add more drama and opulence. 

Different Applications for Pavé Setting 

Pavé settings complement almost any diamond shape. Famous engagement rings include the emerald cut, which flaunts a rectangular center diamond with chiseled lines. Surround the band with tiny dotted diamonds, and you’ll get the effect of endless sparkles. 

Another popular choice for engagement rings is the classic cushion cut, which features a square center stone that’s rounded off in the corners. A pavé cushion setting makes the ring unique and less solitary. 

The halo setting is also popular among women. It features a row of tiny sparklers surrounding the center stone to give the illusion of a larger diamond. When paired with the pavé setting, diamond halos look grander and more brilliant. 

Tips for Buying Pavé Diamond Rings

While pavé jewelry is generally low-maintenance, you should pay attention to a few factors when shopping for rings in this setting. First, look at the stones—yes, even the tiniest ones. Use a magnifying glass to see if there are chipped or cracked ones. 

Also, make sure that the metal prongs are holding the pieces in place. There shouldn’t be any loose stones, and they should all line up neatly. Take note if there are any crooked or overlapping gems. Lastly, you want those prongs or brackets not to be too high, or else the stones will be more prone to damage.

Choosing the perfect engagement ring depends on your budget and your partner’s style. Remember the four C’s of diamond shopping: cut, color, clarity, and carat. Ultimately, go with trusted jewelers to make the most of your investment. 

If you’re looking for a diamond dealer in Brooklyn, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Guide to Choosing the Perfect Prong Setting for your Gemstones
Written by Gabriel S. on November 18th 2019
With all the considerations that come with selecting the perfect kind of ring, the choice for the actual setting of the ring is always often overlooked. The setting should be one of the main considerations because it does the important job of making sure that the gemstones are secured to the jewelry. However, when choosing the prong setting, you must also think about how a specific setting will highlight your gemstone and what impact it will have on the overall look and design of the ring.

Types of Prong Settings

Before making a decision on which prong setting to use, take a look at the types of settings for you to be able to identify which one is the most suitable for your needs:

1. Four-prong setting - the most popular type of prong setting. Its fewer prongs allow the center diamond or gemstone to be more visible. However, this is only ideal for diamonds that are one carat or less in weight, since heavier ones may need additional support. When you have four-prong settings, you must occasionally check for instability or frailty. Since there is only minimal support, if one of them fails, you will have a higher risk of losing your center gem or diamond.

2. Six-prong setting - commonly referred to as the Tiffany setting, this classic solitaire setting is ideal for keeping your diamond safe and tight in its place. One drawback of this setting is that due to the number of prongs it has, it makes it more obvious, sometimes losing the focus on the center diamond.

3. More than six prongs - less common, but they do exist and meant to hold and support stones heavier than one carat.

4. V-shaped prongs - fancy cut diamonds with sharper corners are supported by the V-shaped prongs. Diamonds of this kind, such as the pear-shaped diamond or the marquise, are more at risk of chipping, so they require extra protection.

5. Specialty prongs - uniquely shaped prongs are for those people who appreciate small and more delicate details. For example, double-claw prongs best complement emerald-cut and solitaire diamonds. Heart-shaped prongs, on the other hand, add an extra touch of sweetness and romance. Fishtail prongs are usually featured in vintage or antique engagement rings designs.

Choosing the Right Kind of Metal

There is another thing you must look at when choosing the prong setting - the type of metal used. Since prongs are tiny and susceptible to damage, it is ideal to use stronger kinds of metals. Platinum is the strongest and most durable, then white gold. Yellow gold is lighter and more prone to breakage. At some point, prongs may need repairing or re-tipping, but you can save the hassle by making sure you have the strongest metal.

Evaluating Prong Settings

Making sure that your stones are safe and secured is the most important detail to consider when choosing your prong setting. Here are some things you need to look at:

The gemstone or diamond should be held tightly by the prongs and there must be no rattling noise or wobbling with the movement
Prongs must be designed so that the stone sits evenly, not raised above or sunken below
The stone’s table should be flat with the ends of the prongs
Flat or very thin prongs may eventually wear away or break, risking the stone inside
Hooked prongs will eventually open up
Prongs that are too large can overpower the gemstone, making the ring look less attractive

Prong Settings Advantages

They are small, allowing the diamond or gem to have more visibility
They are quick to make, so it’s normally less expensive than the more detailed settings
It’s usually easier to clean stones that are set in prongs

Prong Setting Drawbacks

They have the tendency to get caught in clothing or other items
They offer less protection to the gems or diamonds since the girdle area of the stone is not covered

If you are looking for the best prong setting for your ring, contact East Village Buyers. We will guide you in navigating through all the fine details of choosing the perfect settings tailor-made for your needs.

If you’re looking for a pawn shop to sell your jewelry in Brooklyn, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - 6 Creative Ways to Display Your Vintage Jewelry Collection - Our Guide
Written by Gabriel S. on November 11th 2019
Many people are attracted to vintage styles. From clothes and jewelry to furniture, the charming and timeless pieces of several decades past make for a great collection. They exude exquisite elegance reminiscent of a glorious era. 

If you own vintage jewelry—whether inherited from your grandmother or purchased at a flea market—one challenge you may have encountered is how best to display them. Instead of stashing the pieces away in an old jewelry box, why not display them where they can shine? Consider one of these creative display ideas: 

1. Place them on tiered serving plates

Tiered serving trays are easy to find—you may even have some in your kitchen! These trays are stands for small pastries and hors d’oeuvres, often used during tea time or at brunches. If you have one that you don’t use, consider transforming it into a lovely jewelry holder! If you don’t have one, pay a visit to the local thrift store and flea market. They often aren’t hard to find. Most come in vintage designs, so they’re a perfect match for your valuable jewelry collection. 

It’s also easy to make your own by stacking old, mismatched plates and cups. Make sure to glue them in place to avoid accidents!

2. Display them on old mannequins

Old mannequins and dress forms have new life when decked out in gorgeous vintage jewelry. Layer necklaces in varying lengths for a full, lush look. If you don’t want to put everything on one mannequin, consider disassembling it to make separate stands. Use the bust for chains and the hands for rings and bracelets. Refurbish hard wooden or plastic dress forms by covering them in layers of fabric so you have the perfect place to pin your vintage brooches. 

3. Repurpose some picture frames

Picture frames aren’t just for photos! Displaying part of your collection in a set of old picture frames is an excellent way to showcase your favorite pieces. Repurpose old frames by taking out the glass and the back components. Add strings and hooks so you can hang loose pieces. You can also re-paint the frames to match your room. Use small square frames to hold tiny ornaments such as earrings and brooches. Large, round frames are perfect for necklaces and bracelets. 

4. Salvage old, rusty baking tins

Visit a few garage sales in order to salvage old, rusty baking tins. A few of our favorites are tart tins, muffin holders, and gelatin molds. They may be useless for baking now, but you can give them a new purpose as jewelry holders. Make sure to scrub the rusty parts and coat them with clear varnish. Doing so will protect your treasured trinkets from corroding. 

5. Utilize your antique china

Showcase your heirloom pieces in antique china for a classic, old-charm appeal. Whether you have loose plates and bowls from your grandmother’s old china collection or picked up a few saucers here and there, this is the perfect way to draw attention to your vintage favorites. Use dinner plates for larger jewelry pieces like necklaces. Smaller salad plates can hold smaller baubles such as your rings and brooches. 

6. Hang items on an old lampshade

If you have an old lampshade lying somewhere in your attic, repurpose it as a stunning jewelry rack. Strip away the fabric shade, so only the metal frames remain. Simply spray-paint a coat of new color and varnish, and—voila!—you have yourself a new necklace rack that looks on-par with the ones you see in vintage stores!

Collecting vintage jewelry, especially family heirlooms, is a way of preserving memories and traditions. With a little creativity, you can display these precious gems so they can add a unique appeal to your room!

If you’re looking for a pawn shop to sell your jewelry in Brooklyn, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - 7 Steps in Cleaning Your Jewelry Using Ammonia
Written by Gabriel S. on November 4th 2019
When it comes to jewelry cleaning, there are many different ways to do so. One of the most effective ways to clean jewelry is through the use of ammonia. Take note, however, that cleaning using ammonia must be done with proper precaution. Chances are, excessive use of ammonia can actually do more damage and end up discoloring your metal and wear down your gemstones.

For this reason, we’ve rounded up seven tips on how to clean your jewelry properly using ammonia. This guide applies to natural diamond jewelry with no fracture-filled diamonds. This also works for gold or silver jewelry that has no stones. Follow the basic steps below:

1. Prepare the required items.

Before you get started, you may need to prepare the following materials:

Soft bristle toothbrush
Lint-free cloth
Lukewarm and cool water

2. Create a cleaning solution.

The next thing to do is to create a cleaning solution. This entails mixing one part of ammonia to six parts of lukewarm water. Make sure that you follow this ratio, as too much ammonia can make the solution too strong. This, in turn, can potentially discolor or damage your jewelry.

3. Soak your jewelry in the solution.

After having prepared the cleaning solution, soak your piece of jewelry in the solution for about ten minutes. Make sure that you wear a pair of dish gloves when handling jewelry using the ammonia solution.

4. Brush your jewelry gently.

After ten minutes of soaking, you can take out the piece of jewelry. Start brushing it with a soft-bristled toothbrush and make sure that you do the brushing gently yet thoroughly. Pay particular attention to the back of the stones. This area is where dirt and grime commonly build-up and prevent your diamonds from shining. Never brush too aggressively, unless you want to loosen the diamond or scratch your metal.

5. Make sure to re-soak and re-brush

Repeat the process of soaking for ten minutes as well as brushing thereafter. This step will help dislodge any stubborn grime and dirt that was leftover from the first scrub session. 

6. Polish your jewelry with a lint-free cloth

After the repeated soaking and brushing process, you can then polish the metal. You can use a lint-free cloth to gently buff and shine the metal. This works best on gold or silver, as well. 

7. Rinse with cool water

After polishing, pat and dry your piece of jewelry with a clean, lint-free cloth. Make sure to allow your jewelry to dry before you store it away.

Buying and owning a piece of jewelry can be such a great investment. Not only does wearing jewelry augment your overall look and appearance, but it can also exude class and elegance and build your social status. However, as much as you want your jewelry to look aesthetically appealing and last for as long as possible, it can get dirty and might even be prone to wear and tear. 

For this reason, cleaning your jewelry regularly is a must. Follow the steps mentioned above to maintain your jewelry for as long as possible.

If you’re looking for a pawn shop to sell your jewelry in Brooklyn, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - 6 Popular Jewelry Gift Ideas for Wedding Anniversaries
Written by Gabriel S. on October 28th 2019
Jewelry is a common present during wedding anniversaries because certain milestones correspond with specific gemstones or metals. Each element depicts the strength of their union, and couples can possess quite a collection if they remain committed to the vows that they exchanged during their wedding day. 

Shower your appreciation to your significant other with these anniversary gifts.

Gold watch for the first anniversary

During your first year after marriage, you are still dealing with expenses from the new living arrangements and wedding-related events during the honeymoon stage. The tight budget gives credence to peridot being a popular alternative, but a gold-toned watch is a cheaper option than a robust gold timepiece. It’s also a gentle reminder of how fast the time has flown during your first year and the countless minutes you are about to spend together.

Tourmaline during the fifth year

Sapphire is a common choice during the fifth anniversary because it comes in various colors. However, why not give your significant other a stunning alternative like a pink tourmaline that dazzles as much as the preferred gemstone? Attaching it to a pendant will be a lovely touch.

Diamond earrings on the first decade

A fancy dinner is a beautiful prelude for the diamond stud earrings that you will reveal later. Since these are considered as the black dress of the jewelry world, you will be pleased to see her eyes sparkle upon seeing your gift.

An emerald ring for year twenty

This precious gemstone is appropriate for a marriage that has defied several odds. However, emeralds are tricky to purchase, and the loose ones are difficult to alter. You can take the stone to a jeweler, but they will ask you to sign a waiver form to clear them from liabilities for excessive chipping. Save yourself the hassle and buy mounted emeralds with ample protection.

Silver bands for the twenty-fifth

Renewal of wedding vows often occurs during this milestone, which traditional gift guides refer to as the silver anniversary. What better way to mark the celebration by purchasing silver-toned bands made from platinum or white gold? Jubilee means special, and this accessory is an extraordinary touch to highlight the quarter-century of your love story.

A golden treat for the fiftieth anniversary

While your commitment to each other goes beyond 50 years, your original wedding bands might not last due to wear and tear. Daily use subjects the rings to imminent damage, leaving you with no choice but to safe keep these bands and replace them with new ones. Golden rings are perfect for the occasion because your union has become as precious and as valuable as gold.

Other ingenious jewelry gift ideas

Don’t be tied up to the presents identified in this list. There are plenty of other meaningful jewelry ideas like birthstones, lockets, and bracelets that you can explore. If your budget is tight, you can purchase discounted jewelry from East Village Buyers. 
Beyond the items that you can come up with, making your partner feel significant and precious is the best gift you can ever give.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - 7 Tips For Safely Storing Your Jewelry Collection
Written by Gabriel S. on October 21st 2019
Fine jewelry is much more than just an investment—each piece also holds sentimental value, memories, and a bit of your soul. From your mother’s pearls to your engagement ring, these are priceless treasures that are meant to last a lifetime. 

Don’t let your fine jewelry wear out before it should. Here are five tips on how you can safely store your precious gems and keep them shiny and brilliant for decades: 

1. Minimize humidity
Extreme temperatures and moisture are the ultimate enemies of fine jewelry. When they aren’t in use, keep your jewelry away from these environments. Stuffy attics, cold closets, and steamy bathrooms are a few such examples. To keep them in the best condition, store your precious gems in a cool, dry place. Overexposure to heat and humidity causes some metals to tarnish prematurely.

Additionally, make sure that you clean each piece of jewelry before storing them. This tip is especially true for precious metals. When a dirty, corroded part comes in contact with other pieces, they can get tarnished as well. Make sure to clean your jewelry box regularly and throw in some silica gel packets to keep it clean, dry, and fresh.

2. Choose a high-quality jewelry box
Your jewels deserve to be treated as precious and valuable possessions—after all, they are! Skip that plastic and wooden organizer you spotted in the thrift store. Choose a jewelry box that has a soft fabric lining. A high-quality box will carefully house your gems without causing unnecessary damage. Ideally, the box should have multiple individual slots so your pieces won’t clump together.

3. Hang necklaces
Avoid a mess in your jewelry box by hanging your necklaces. Not only are they a hassle, but the kinking and knotting will cause damage to the chain. Most jewelry armoires have hooks on their doors for this purpose. 

If you don’t have an armoire, try making a DIY solution. Just take an old frame and add a piece of corkboard. You can use push-pins to serve as hooks where you can hang your necklaces on. You can also use desktop jewelry stands, but be sure they are tall enough so your jewelry won’t touch the surface of the table.

4. Store diamonds and other precious stones separately
Diamonds are the hardest gemstone in the world, and they can scratch any material they touch. These include other gems you might have in your collection. Therefore, it is wise to store your diamonds in individual boxes or compartments. 

Similarly, you also want to categorize your metals when storing them. Gold, silver, and platinum are softer than stones, and they are especially vulnerable to scratches and dents. Keep them separated from each other. Silvers are particularly prone to tarnishing, so store them with anti-tarnish strips.

5. Prioritize safety
You may want to display your dazzling fine jewels in your vanity or walk-in closet. However, doing this makes them susceptible to theft. What you can do is choose the most valuable items and lock them in velvet-lined drawers. Alternatively, store them inside a hidden safe. For added protection, make sure your most treasured pieces are covered by insurance.

With proper care and maintenance, your precious jewels can retain their luster and brilliance for many years to come. They are, after all, treasured items worthy of being passed from generation to generation. 

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - 3 Easy-to-Spot Jewelry Markers that Prove Authenticity - What to Know
Written by Gabriel S. on October 14th 2019
Do you want to make money buying and selling jewelry and want to be able to tell the authentic ones from the not? There are easy to do tips that can help you. If you’ve been keeping an heirloom or have recently been given jewelry and you want to know its actual value, there are ways that you can tell yourself. This will save you the embarrassment of having an expert appraise a fake one or paying extra if it’s worth more than you think it is.
Look for a hallmark.

A hallmark is a jewelry marking system. Its anatomy consists of the following: company name of the maker, purity of gold or silver used, the place where it was tested and marked, and the year of the testing and marking. You will see hallmarks in the necklace clasp, inside the bracelet or ring, and on the earring post.

The hallmark will tell you the authenticity of the jewelry. It’s the mark of exquisite jewel-making. Jewels with hallmarks are often expensive. If you have an heirloom that has a faded hallmark, let an expert appraise it. Hallmarks are good signs telling you that your jewelry might be worth a small fortune. 

The biggest jewelry manufacturers, such as Tiffany & Co., Tacori, and Cartier, mark their pieces to give them distinction. They sell pieces of jewelry that usually come with a price tag that starts with $7,000 at the very least.

However, some pieces of jewelry have hallmarks but don’t cost much. These are costume pieces of jewelry that are prevalent in the market. Most of the inexpensive brands that carry hallmarks are AVON, Sarah Coventry, and Trifari. If you own pieces of jewelry from these brands, they’re not going to cost much if you resell them.

Remember, if your item looks like your grandmother’s great, great grandmother owned it, then let an expert look into it. If your jewelry is new but does not have any hallmark, then it’s not worth over $20.

Is it heavy or light?

Pure gold and pure silver are heavier as compared to their fake counterparts pewter and brass. Being able to assess the weight is particularly important if you’re trying to tell if your bangles and necklaces are authentic or counterfeit.

If you find a thick golden chain that weighs less than your golden chain, the chances are the gold is fake and hollow inside. Other than the weight, an authentic chain is smooth to the touch and has consistent finish all throughout.

An important thing to remember when assessing a golden chain is that if it’s heavier or longer than what you’re used to, it is pure gold and is worth a small fortune.

Check the prongs.

If it’s fake, you’ll find the gemstone glued to the prong. If you’ve been given a brooch that looks like it’s been glued and has no prongs holding it in, it’s most likely only costume jewelry. A mark of fine jewelry is its artisanship. Gemstones are carefully set into place in an intricate bezel. The only exception to this is pearls.

If you, however, own costume jewelry with tons of brilliant stones in prong settings, chances are, this could fetch a hefty price tag too. Well, not as substantial as authentic jewelry, but you must get an expert to appraise it.
Bottom Line
It is indeed helpful to be able to determine whether jewelry is authentic and whether it has a value that’s more than what you expect. Remember these factors the next time you shop for jewelry.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.

East Village Buyers - 6 Occasions to Gift a Piece of Jewelry to Your Loved One
Written by Gabriel S. on October 7th 2019
Pieces of jewelry are the perfect gift to mark special moments in your life, but it is more important that you know when to give it and how much you should spend. That said, be careful if you are planning to give the love of your life an expensive piece of jewelry to seal your relationship? Unless you and your partner are committed to each other, a piece of fine jewelry can either seal the deal or send your partner away.  

Here are six occasions you can consider gifting your loved one a piece of jewelry:

1. Birthday
Birthdays are a great time to give your partner a piece of birthstone jewelry. However, if your partner's birthday falls within the first year of dating, you may not have much time to save up for an expensive stone. For such situations, purchase an artificial stone that's a little cheaper.
2. Engagement
Every relationship is different, and the same can be said about when you should give an engagement ring. Although the timing differentiates from people to people, be sure that you both have some level of mutual commitment. You don't need to ask if your partner's committed as long as you're confident they are willing to settle.
3. Marriage Ceremony
Most people see weddings as a customary occasion to exchange gifts. For the most part, neither partner wouldn't have seen each other until the actual ceremony. During the wedding, either the bridesmaids or the groomsman will be the ones who exchange gifts. You don't have to purchase anything expensive since you've spent much money on the engagement and wedding rings. A simple locket or necklace will more than suffice.
4. Pre and Post-Wedding Anniversaries
If you're committed to your partner but aren't planning to get married, use anniversaries as a chance to give your loved one a beautiful piece of jewelry.

If you've been married for a while, the gifts you can buy for your partner doesn’t have to be something made of precious stone. It could be a wood piece or stone tablet commemorating your union. However, it is also an excellent time (if you have the money) to gift your loved one a piece of jewelry of her choice.

5. New Born Baby
If you have a first child, a piece of jewelry can show your loved one and baby just how much you love them both. Giving your wife a brand new jewel in the baby's birthstone is an excellent idea since it is something relevant to the child and can be given to them when they have grown up.

6. Valentine's Day
If Valentine's Day comes around within the first six months of your relationship, it is best to stick with costume jewelry. For any other Valentine's Day after the first year, a gold or silver locket, along with diamond studs, or a gem necklace, are all great choices.
Giving a piece of jewelry as a gift is a romantic gesture. It holds sentimental meaning in people's hearts, signifying special moments in their lives. If you aren't committed to each other, however, don't spend too much on a piece of jewelry. 

Pay attention to what your partner likes, and don't spend more than what your bank allows. Finally, do not use these items as a way to say sorry or get something in return, as it will make your partner feel bought. 

Should you be looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - 9 Jewellery Tips For Work, Parties, and Formal Events
Written by Gabriel S. on September 30th 2019
The only time when it is difficult to determine the right amount of jewelry to wear in any given situation is when you have forgotten its purpose. Jewelry is worn not only for style but for function. Not only do you have to wear the jewelry that matches your intent, but is appropriate for the event. A growing number of jewelry designers and manufacturers are looking to add function to design, coming up with bottle opener rings, phone charging bracelets, and even herb grater necklaces! That said, even for pieces where the functionality is prioritized, style is not out of the picture. 
Take, for example, the smartwatches on the market today. They are created to aid the wearer in various tasks, such as watching over the wearer’s health. Nevertheless, its creators have launched smartwatches made of sapphire, stainless steel, and many other materials, transforming them into luxurious pieces that serve a practical function. Does this mean that it’s ideal to wear a smartwatch paired with a suit to a business conference? Unfortunately, no.
With the exception of bangles, the general rule of thumb is to wear one piece of jewellery at a time. Sure, you may have seen hip-hop artists wearing stacks of gold chain necklaces in different lengths, but unless you’re trying to pull off hip-hop aesthetic, it would be unwise to follow them. 
Below are some tips to help you wear the right jewellery at work, parties, and formal events!
#1. Don’t wear jewellery that distracts onlookers
Don’t let your beauty be overtaken by flashy jewellery. Whether you’re at work or a party, choose subtle pieces that add to your look rather than distract. 

#2. Match necklaces and earrings to your eyes
There’s nothing wrong with mixing and matching jewelry. Instead of matching too many pieces, however, why not consider matching your jewelry to your eyes? If you have emerald-colored eyes, consider an emerald necklace. If you have warm brown eyes, consider cobalt blue!
#3. Pearls are an elegant choice
If you’re looking to appear elegant and stylish, avoid wearing more than one pair of earrings at the same time. Pearls are a foolproof choice. They are ethereal and will never fail to make the wearer look classy and sophisticated. 

#4. Avoid noisy and flashy pieces at work
When you’re at work, be respectful to those around you and avoid distracting them with the jingles and jangles of your metallic bangles. On the same note, don’t blind your officemates with flashy jewellery. Bring them along for drinks after work if you want, but while you’re in the office, keep things simple.

#5. Amp up an outfit with diamonds
An outfit can go from drab to dashing with one simple addition: a diamond piece. If you want to sparkle even while you’re wearing an otherwise dull outfit, consider diamond earrings or a diamond necklace.    

#6. Wear only one prominent piece at a time
When you attend a formal event, ensure that you wear only one prominent piece at one time. Does one piece outshine the rest? Keep everything else you wear subtle.

#7. Pair a metallic watch with your suit
If you like wearing suits for formal events, complete your look with a big metallic watch. Wear leather only for your shoes and belt, if you will be wearing one. Consider a chunky chain necklace for some style and pull the look together by leaving your hair down. 

#8. Dangling earrings are best when your hair is up
Although it can be tempting to wear dangling earrings, opt to only do so if you will be putting your hair up. This is due to practicality more than anything else—dangling earrings can get tangled in loose hair and quickly become a nuisance. If your hair will be down, wear something smaller such as pearl earrings or small hoops.

#9. Be tasteful
Remember—you aren’t a Christmas tree, so there’s no point in wearing multiple pairs of earrings, a necklace, bangles, a watch, and several rings on both hands all at the same time. Less is always more when it comes to formal events, so dress appropriately.

There is a time and place to wear whatever jewelry you want. When you’re at work, attending a party, or going to a formal event, however, it’s important to be considerate of those around you and dress appropriately for the occasion. With our nine jewelry tips, completing your outfit has never been easier!

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - The Value in Buying Used Jewelry - What to Know
Written by Gabriel S. on September 23rd 2019
Jewelers purchase used jewelry to repurpose it and sell it for a higher price. A used diamond ring, for instance, can be melted and then meld to become a new ring or bracelet. Meanwhile, the diamond can be placed onto a new jewelry piece or sold separately. The jeweler can also keep the ring intact and clean it for resale. Used jewelry can be worth 50-70 percent less than its original price.

Why purchase used jewelry?

Purchasing used jewelry is a practical option if you have no plans to resell it. You can get discounts for as much as 50 percent for pieces that are comparable to brand new ones. Finding used jewelry is easy because sellers label it as either used jewelry or estate jewelry. These items can also be tagged as previously owned or refurbished. These classifications and the huge price drop indicate that they are secondhand.

How to avoid used jewelry scams?

There are sellers that will try to con you in buying refurbished jewelry as “new”. They will jack up the prices and fool an uninitiated buyer that they are getting a brand new item. The jewelry’s paint can be retouched with a similar color to hide fades or scratches. The original gems can be replaced by fake ones as well

When purchasing any type of jewelry, you must assess the jewels being sold to determine if they are trying to pull off a scam. Otherwise, you will have wasted money on something that you cannot sell for profit. Signs of wear are manifestations of used pieces. Scratches on the metal part or the gemstones immediately reduce its worth to refurbished prices. Worn-out prongs are also a red flag.

Examine every angle of the jewel to see the concerns that the seller may be hiding from you. Likewise, don’t buy “new” jewels if sellers cannot authenticate their condition. It’s always better to stay out of the transaction if you are in doubt.

Is there value in buying used jewelry?

There are used jewels that are beyond repair. These items have worn out prongs, tarnished chain links, and deformed rings. The faulty parts can cause the jewelry to break loose even while you are wearing it. But while there are jewels beyond repair, there are pieces of jewelry that can be restored to its usual glow.

Finding quality used jewelry is not easy. You have to visit rows of shops to arrive at the one you desire. There are even times when you will settle for less because you can’t find what you want. 

Use a jewelry loupe to assess the jewels and check for anomalies. Inspect the parts where the glow has eroded and ask the jeweler about the cost for restoring the item’s beauty. You must factor that into the purchase cost along with the discounted price.

Prop artists are highly interested in used jewels because they can use these items for their shows. Instead of getting brand new jewelry, they can settle with a used alternative that is just as good, simply retouching it to give a good register to the camera. Buy the jewel only if you are satisfied with its condition.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - What to Know About Cheap Jewelry - Our Guide
Written by Gabriel S. on September 15th 2019
When it comes to purchasing jewelry, you might start saving for it immediately once you have an eye on either an expensive piece or a cheaper one. However, do you know the differences between the two? Although there is no issue with going for the latter, it is a good idea to know what you're buying. Here are the features that you may find with cheaper alternatives:

1. Lower-Quality Gemstones

A big reason why cheap jewelry is cheap is because of the gemstone itself. Low-quality gems are likely to have flaws, which hurts the overall aesthetics of the piece. Remember that the more apparent these flaws are in a gemstone, the more prone it is to break when bumped. Some gems are already chipped from the beginning. Also, the color of the stone may not be as pleasing as a high-quality gemstone, pushing demand down along with the price.

2. Imitation Diamonds

Some pieces of jewelry may even contain fake diamonds. Jewelers use droplets of metal to imitate a group of precious stones which are noticeable upon closer inspection. However, from a distance, they can have an appearance similar to real diamonds.

3. Fake Impressions

Sometimes, a jeweler may mix in small bits of real diamond among the metal droplets to create a sense of authenticity. It means that when you're looking at a piece of cheap diamond jewelry, what may seem like diamonds to you may actually be merely metal droplets. You may think of this as being a scam. However, you will get what you paid for. 

4. Weak Prongs

Prongs are what hold the precious stone in place, and cheap rings have fragile prongs. If the prongs break or bend, the stone can get damaged and even fall off. Thin prongs contribute to the affordable price of jewelry because less metal is used in its construction.

5. Lower Karat Gold

If you're allergic to metals, such as nickel, it will be best if you purchase more expensive higher-karat gold rings. Low-karat gold pieces contain less gold and more of other metals. 10K gold alloys usually contain metals, such as nickel. You may need to purchase a piece of at least 14k gold to avoid other metals.

6. Thin Ring Body

The round body of the ring, referred to as the shank, is much slimmer on cheap jewelry. As previously mentioned, this is due to the lesser amount of metals used in the construction to cut costs. Over time, when you continually wear the ring, it will wear down the shank. If it gets too thin, it can bend or even break.

If you’re finding it hard to decide between purchasing an expensive piece of jewelry or opt for a cheaper alternative, you first need to think about how you’ll use it. If you're planning to wear the piece every day, it is best to buy a more expensive one, as they have higher durability and will last longer.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Scrapping Your Gold Jewelry - What You Need to Know
Written by Gabriel S. on September 8th 2019
With new practices taking the jewelry industry by storm, chances are that you’ve probably heard of this common practice that most jewelers use: scrap gold. Whether you already own a piece, have heard of one, or have been offered one, there’s no denying that the allure of scrap gold jewelry is undeniable. 

Not only is it affordable, but you can hardly tell the difference between it and real gold. However, while your local jeweler or trader might suggest that you get scrap gold jewelry as an alternative that can get you the best possible return, it’s important to know what it actually is in the first place:

What is scrap gold jewelry?

Scrap gold jewelry is often used by jewellers and other industry professionals to refer to items that are sent to gold refineries to be broken or melted down. The gold from those items is then extracted. 

This process is a way to “recycle” formed gold and recast it into new pieces that can be sold again through jewellers. The idea of scrap gold is very attractive, and it’s something that can help alleviate the negative effects of mining on the environment while conserving the world’s gold supply. 

Although the option of selling off your old gold pieces to jewelers so they can be turned into scrap gold is something you should definitely consider, here’s one question that might be on your mind: how can you calculate the weight of pure gold in a scrap necklace?

Whether you’re a frugal seller or someone just trying to make a quick, yet worthwhile buck off of some old jewelry, you’d do well to ask about value in terms of selling items for scrap gold. With the right knowledge and a bit of research, you can get your money’s worth from selling old gold pieces. You’ll do even better when you follow these steps:

1. Find out the purity of your piece

Before anything else, you’ll have to figure out the purity of the piece that you’re trying to sell off. In this case, “purity” refers to how much pure gold there is in a certain piece of jewelry. It’s often paired up in terms of ratios with other alloys or metals, like silver, zinc, nickel, and copper. The reason alloys are added to pure gold is to create a more durable finished product that is harder than pure gold. 

When trying to find out how pure your piece is, you’ll have to look out for karat marks, which are often denoted as 10K, 14K, 18K, or 20K stamps somewhere on the piece. However, if you can’t find any karat marks or stamps, you’ll have to get your piece tested for purity. Bring it to a local jeweler or expert, or get a testing kit that you can use at home.

2. Weigh your piece

Once you know how pure your gold piece is, you’ll have to weigh it in order to determine the specific numbers that you’re working with. Typically, a scale or any other type of measuring device will suffice, but you should know that the more accurate and precise your measurements are, the better the final result will be.

3. Do a bit of math

Now that you’ve got your weight and purity values, you’ll be able to determine the weight of pure gold in your piece. To get the weight of pure gold in a piece, determine the percentage equivalents of purity ratings or markers (karats, in this case) and multiply that by the total weight of the piece in order to get its total weight in pure gold. 

For example, if your gold purity is 84 percent, and your piece weighs 100 grams, then your total pure gold weight is 84 grams, and your equation should look like this:

84 percent (0.84) x 100 grams = 84 grams (in pure gold)

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - What to Know About Jewelry Polishing - Our Guide
Written by Gabriel S. on September 1st 2019
When you look at your piece of jewelry and see a few scratches here and there, chances are you might want to have it polished immediately. If you think jewelry polishing is the right solution, you might want to think again. Did you know that polishing can be bad for your jewelry? Keep reading to find out why.

Jewelry Polishing

It is said that you should have your jewelry polished not more than twice a year. However, what happens when you take your ring or any other piece of jewelry for a polish? First, most jewelers use some abrasive material to smoothen the surface of your piece. Second, polishing is performed using a machine that has a rotating polishing wheel. In the process, the microscopic layer of metal is said to be removed from the piece until the surface becomes even.

The Polishing Problem

Jewelry polishing entails the process of wearing down your jewelry. Sure, the metal removed in the process is a tiny amount. One polishing session cannot do damage to it. Now, what if your jewelry has been polished multiple times? Imagine how many times your piece of jewelry has been worn off. Chances are, the structure of your piece of jewelry will become rather weak over time. 

As for your ring, the most affected area brought by polishing is the setting. This is because it is made up of small parts that are often very thin. For instance, every time you have your ring polished, the prongs will get thinner and shorter. This will happen to other parts of your setting as well, and its construction will become weak over time. The gemstone that it holds will then become loose. In a matter of time, it might eventually fall off from your ring. 

Frequency of Jewelry Polishing

It’s worth knowing that polishing your jewelry isn’t a bad idea. You can always do so, by all means. Chances are your jewelry will always have some scratches, especially if it is made from a softer metal such as gold or silver. Having it polished will make its surface even and looks better.

However, if there’s one thing that you should be wary of, it is the frequency of polishing. Experts suggest that you should have your jewelry polished not more than twice a year. If you do so, you will start noticing the adverse effects of polishing.

Jewelry Polishing Kits

As an alternative, you can consider buying a jewelry polishing kit if you want to have your jewelry polished more often. A jewelry cleaning kit includes a polishing solution, polishing cream and tarnish remover. The good thing about this is that it is not the same as professional polishing. However, buffing your piece with a polishing cloth will restore some of the original lusters of your jewelry. 

To Wrap Up

We hope this article has enlightened you about the detrimental effects of frequent polishing of your jewelry. The bottom line is, you can have your ring or any piece of jewelry polished. However, you might as well limit it to once or twice a year, and that can make a difference to your jewelry’s life span.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Bending Rings - How to Fix & Prevent
Written by Gabriel S. on August 25th 2019
The bands of your ring typically get thinner over time as a result of wear and tear from daily use. The band’s lower portion is the part that commonly thins out the quickest, which eventually leads to misshapen rings due to bending. On that note, you may be wondering why rings tend to bend and are seeking ways how to either fix or prevent it. 

Why do Rings Bend?

Rings often undergo dramatic misshaping when worn regularly, either because soft metals are used for the material or some force caused the ring to wear-and-tear. For instance, something as simple as having a tight grip at steering wheels or lifting heavy boxes can bend old rings that are already thinning with age. Additionally, heat can also make the metal more malleable, and when topped off with heavy pressure, it increases the chances of bending.

What Metals are Prone to Bending?

Gold is known for its extreme malleability, which is often a useful feature to make a ring-makers life easier. However, it may not be as beneficial for consumers as it is one of the most accessible metals to bend. In this case, yellow gold is the most pliable out of all the metals available, and higher karats also contribute to the material’s softness.

Silver is also known for its susceptibility to deform when exposed to heat and worn during hard labor. Harder metals like platinum are not exempted as certain alloys like white gold are prone to bend as well. More durable metals like titanium, on the other hand, are not as easy to deform, though it is still a possibility when the metal is applied with hard force. 

How to Fix Bent Rings

Fortunately, fixing bent rings can be an easy ordeal if it isn’t mounted with gemstones. In cases like these, it can easily be fixed at home with simple tools such as the following:

Wood Mandrel 
Jewelry Mallet 

Step 1: Slip the Ring onto the Mandrel

Place the bent ring onto the mandrel and slip it up to a maximum point. Don’t force it to go down or it may warp the band of your ring even more. When it comes to the mandrel, be sure to choose sturdy wood like maple as harder materials like metal can also contribute to further damage. To that end, mandrels can be purchased online for a friendly price between 5 to 15 US dollars. 

Step 2: Apply Pressure with your Fingers to Reshape It

After pushing the ring down the mandrel’s shaft, apply pressure onto the ring’s surface using your fingers to help put it back to its original shape. If your ring is made of soft metal and is only slightly bent, it’s possible to reshape it back to its roundness with only your fingers. 

Step #3: Tap the Ring into Shape using a Jewelry Mallet

If your ring is entirely bent, it’s time to tap the circle using a mallet on all sides. Lightly tap it and gradually increase the pressure as needed.

Keep in mind that rings that are made with hard metals like titanium, tungsten, or tungsten carbide, and gemstones, will need to be repaired by a professional. This is because of the material itself is nearly impossible to reshape, while rings with gemstones will require extra care to avoid damaging it in the process.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Titanium vs. White Gold - Which is a Better Choice for Rings
Written by Gabriel S. on August 18th 2019
When buying a ring, diamonds and other stones are elements that may take the spotlight, but the base that holds the bracelet together deserves just as much attention. This material that forms the ring is made of precious metals - gold, silver, titanium, platinum, and other contemporary metals, each one making a distinguished statement about your style.

Beyond your choice of metal having an aesthetic impact, the cost, sturdiness, and overall design would also change drastically depending on what type of metal you choose. In this article, we are breaking down the difference between white gold and titanium to help nudge you to the precious metal that suits your style the most.

Factors to Consider

1. Durability

Titanium is widely known for its durability and is significantly stronger than gold, which is known for its malleability. Although a white gold alloy contains metals that generally make it harder, it is still prone to wear-and-tear, bend, or even break compared to the toughness and long lifespan of a titanium ring. In that regard, titanium is also highly corrosion resistant, which means that it does not tarnish quickly compared to high-polished finish jewelry like white gold. However, both metals can be polished again to bring back its shine.

2. Price

When comparing the precious metal itself, white gold is typically costlier than titanium. However, titanium is known to be a challenge to work with as it is not as malleable as white gold. This means that workers may require extensive effort to create eye-catching jewelry out of titanium, making it increase its price tag a notch higher than that of a white gold ring due to the additional labor costs.

3. Color

As mentioned above, titanium is highly sought-after for its resistance to corrosion, which means that its grayish, platinum-like hue stays the same even when put under the test of time. White gold, on the other hand, has a metallic color due to the rhodium plating coating the alloy. This tends to fade, even when properly stored in a jewelry box as the exposure to oxygen causes the metal to lose its luster as a chemical reaction. 

It also loses its shine more quickly when it is worn daily as the body temperature acts as a catalyst to the chemical process that causes white gold to become lack-luster over time. On the other hand, titanium has been increasing in popularity due to its versatility as the alloy can be anodized through electricity, which means it can be colored into blue, red, black, and other hues for a more trend-setting look. 

4. Weight

Titanium is known to have a high strength to weight ratio, meaning that in spite of it being significantly stronger than white gold, gold, silver jewelry, even steel, it is surprisingly lightweight and generally more comfortable to wear than a white gold ring.

5. Allergies

One of the most notable things about titanium is that it is hypoallergenic, which means that little to no people will be sensitive to it. Gold and silver, on the other hand, contains an additional material called a nickel, which is what causes an allergic outbreak to some who are sensitive from such alloys.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - The Different Types of Golds In Jewelry - What to Know
Written by Gabriel S. on August 11th 2019
Have you ever found yourself a white gold necklace and wondering why it isn’t yellow? Do not be surprised. Gold doesn’t only refer to that yellow metal we all think of when someone mentions gold. Gold can mean different alloys made by mixing a type of metal with gold. Here is a list of the different types of gold and how they are made:

Yellow Gold
This is the most common gold used to produce jewelry. Although yellow like gold, it is not the same as pure gold. Pure gold is incredibly soft, thus not ideal for creating jewelry. Metals are added to strengthen the material to make it much more robust. If you’re looking for items made with purer golds, you can check its karat. The lower the karat number, the lower the percentage of gold in the piece of jewelry. Similarly, the higher the karat, the higher the percentage. Also, low karat items usually mean more robust and durable jewelry compared to its purer counterparts.

Colored Gold
Colored gold is simply any gold that isn’t yellow. If it is of a different hue, then it is considered colored gold. Below is a list of the different types of colored gold:

White Gold
White gold is considered the most popular type of gold used. The white color is achieved by mixing the gold with either palladium or nickel. This, however, isn’t enough to turn the alloy completely white. Instead, it stays a yellowish hue and is plated with rhodium to give the jewelry its white color and shine.

Rose Gold
Copper gives rose gold its distinctive red hues. The more the copper, the redder it gets. Red golds are high-copper rose gold alloys, while pink gold contains less copper. 

Black Gold
There are several ways of how gold can be turned black. The first way is to cover the gold jewelry with black rhodium (or another black metal). Another way is to apply certain chemicals to the surface of the jewelry to change its color. Gold alloys that contain cobalt, copper, titanium, or iron can also turn black if exposed to heat and oxidized.

Green Gold
Unlike the other color golds, green gold is more of yellow gold with a slightly green hue. It is created by mixing gold with silver or even cadmium, a rarer material. 

Grey Gold
An alloy consisting of silver, copper, manganese, and, of course, gold creates grey gold.

Purple Gold
Purple gold is created by mixing aluminum and pure gold. This alloy, however, isn’t the most desirable for jewelry, as it is very brittle and can break easily.

Blue Gold
There are a few ways to make blue gold. The first way consists of mixing of pure gold and indium. Unfortunately, this method makes the alloy very brittle, just like purple gold. The more desirable way to make the alloy is to mix gold with iron or rhodium. Following the mixture is a treatment with heat, oxidizing the metal and forming a blue layer on top.

With this in mind, your next purchase decision might be more comfortable. Go, buy that perfect piece of jewelry for yourself or even a loved one. They will appreciate the time and money you put into that precious gift.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Yellow or White Gold Rings - What's Best For You?
Written by Gabriel S. on August 5th 2019
Recognized by many as a symbol of class, power, and wealth, gold rings are definitely a good investment because they can be passed down to future generations. If buying a gold ring is on your agenda and you have the budget for it, you can go to a jeweler near you. Chances are they will ask you a question that will make you think. It's not supposed to stump you, but you may find yourself scrambling for an answer to this question: white gold or yellow gold?

Both are known for their illustrious beauty and unmistakable finish. White gold and yellow gold rings are two of the most popular pieces of jewelry on the market. Either one will add a significant amount of sophistication and style to your outfit. That said, they are also different from each other.

In the next section, we'll go over the basics of white gold and yellow gold to help you find out which one is a better fit for you and your tastes.

Going over the basics
Some people think white gold and yellow gold are interchangeable. But after seeing samples of each up close, they realize how different white gold and yellow gold really are. Each has its own appeal, finish, and luster, which can make it difficult for you to choose a ring. In order to help you make an informed choice while you're in the jewelry store, here are a few things you need to know about white and yellow gold:

White gold: White gold rings are made with yellow gold that was mixed with metals like manganese and palladium. The resulting alloy is often coated with a layer of rhodium to make it even whiter, which yields the type of finish that is unlike that of any other material.

Yellow gold: Yellow gold rings are made of actual yellow gold, which is mixed with other metals to make the resulting alloy used in rings more durable. The levels of purity in a yellow gold ring are measured in karats. These determine just how much pure gold is in the ring, compared to the other metals that are in the mix.

How to make your choice
If you want to be sure that you’ll make the right choice when buying a gold ring, there are some factors that you should keep in mind: maintenance, durability, and nickel content.

Maintenance and durability
Because the material used to make them is much softer material, yellow gold rings are more prone to scratches compared to white gold rings, and you need to polish them regularly to keep them in good condition. Yellow gold rings also have to be repaired more often, as they are more prone to bending or breaking due to the softer nature of the material used to make them. That said, white gold also requires a certain level of care and maintenance. The rhodium layer on most white gold rings will wear off over time, depending on how often you wear them. When that happens, you will need to have your white gold ring replated with another layer of rhodium.

Nickel content
If you have a nickel allergy, you’ll definitely want to consider this aspect when choosing between white and yellow gold rings. While gold rings are a more suitable option, as the rhodium layer will act as a barrier between the nickel and your skin, but you’ll have to replate a white gold ring regularly in order to avoid discomfort during use. Sadly, yellow gold rings are out of the question. Because there won’t be any plating between the ring and your finger, you’ll definitely experience allergic reactions when you wear it. Sucking it up or going for a white gold ring instead are the only options you have.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Selling vs. Trading- What's Better for Your Used Jewelry
Written by Gabriel S. on July 28th 2019
Whether it’s to make quick cash, pay off an old loan, or tend to an emergency that needs cash to be settled, selling your old jewelry can be hard to do, especially because of the sentimental value that you may have attached to it. Regardless of whether or not you want to do it, the truth is that getting rid of your jewelry can be quite a daunting task from start to finish, which means that you’ll definitely have to get your money’s worth out of all the trouble that you’ll have to go through.

The rise of trading and swaps
With the rise in swaps and barters in the modern marketplace (such as trading items for more valuable ones in the hope of making a profit), one alternative to selling or pawning jewelry has come to light: trading it in. With trading in jewelry, you get to take advantage of the chance of getting something even more valuable compared to your old piece, which means that you can gain more money when it’s time to sell or you can take a hold of something that can grow in value in the future. 

Now that you face the options of going with selling or pawning your jewelry for cash, or trading it in for a new item, you’re probably going to run into a bit of a conundrum as to what you should do with your old piece of jewelry: should you sell it for cash, or swap it for another item?

In this guide, we’ll teach you how to determine whether or not it’s worth it to sell your jewelry and forgo the opportunity trading it in, or drop the pursuit for cash and swap your piece for a chance at striking gold (literally!).

Should you sell your jewelry?
Before we delve into the topic of trading in or selling your jewelry, let’s first look at what happens when you sell your jewelry for cash:

Typically, there are quite a number of stores that buy second-hand jewelry no matter what it’s made of, the condition its in, or how much sentimental value it has. However, the main downside to selling your jewelry for cash is that you’re most likely to get lowballed and offered far lower than market value or what you expected for it. Stores that buy jewelry for cash are notorious for being shrewd negotiators, pushing for extremely-low prices even if the piece of jewelry you offer them is in mint condition or like-new.

Determining whether or not it’s worth it to sell your jewelry for cash depends entirely on you and how you perceive the exact value of what your piece is worth. The explanation behind the lowballing tendencies is that the stores that buy jewelry for cash make additional purchases for new jewelry at wholesale prices, which causes them to lower their perceived value (which they call a “best offer,” mind you) of any piece that you might bring to them. At the end of the day, these stores are trying their best to make money and extend the profit margin as much as they can. It’s really not worth getting riled up on a low offer.

Is trading in your jewelry a better deal?
Compared to selling your jewelry for cash, trading your prized pieces in for equally matched ones may bring even greater value to the table as soon as offers are made. Typically, exchange offers of a greater value than your jewelry can come with a requirement to pay a little extra on top to cover any costs or pricing differences between the two items. 

If you’re looking at things value-wise, you’re better off trading in your jewelry if you want to make an adequate amount of money (or even more) by holding onto a better-valued piece of jewelry from a trade-in and selling it later on without the need to head on over to a store or pawn shop. 

However, if you’re after making quick cash or getting money ASAP, then you should definitely stick to selling your piece instead of exchanging it. 

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - All You Need to Know About Gold-Filled Jewelry
Written by Gabriel S. on July 21st 2019
Gold is among the most commonly traded items in the world, as it has a stable intrinsic value that people can use to make a profit, if they know when to buy and sell them. However, it’s essential that you understand the quality of the piece of gold jewelry you’re looking to buy so that you can actually make a profit. 

There are usually two types of gold jewelry available in the market: gold-filled and solid gold. The latter usually sells at a significantly lower price compared to the former. This is why it’s imperative that you can distinguish between the two so you don’t risk paying more money than you should for a piece of gold jewelry.

What is gold-filled jewelry?

As its name suggests, a gold-filled piece of jewelry is made of other metal that has been wrapped in a thin sheet of gold. The base is typically made of nickel, brass, or bronze. This is very common in larger gold jewelry, such as bracelets or necklaces.

How to read the gold marking:

When you buy a gold piece from a reputable source, there will always be a gold marking that indicates the type of gold, the manufacturer, and the purity of the piece. These are the key indications of the quality of a piece of gold jewelry, so you need to know how to read them so that you don’t spend too much money on a shoddy piece of gold. 

For example, if you see a piece of gold marked with “1/10, 18k, GF,” it means that the piece is gold-filled and has the purity of 18 karats. The maximum number of karats you will find is 24 and the purity of the piece will follow this equation: K/24. 18/24 = 0.75, which means that the gold used to make the piece is 75% pure. The fraction 1/10 suggests that gold accounts for 10% of the total weight of the piece.

If you see a GRP instead of GF, it’s short for “rolled gold plate,” which is a method of gold filling, but the sheets are usually much thinner. This means that the fraction in front of it should be much smaller than the regular GF pieces.

Should I buy a piece of gold jewelry if there’s no marking?

If you don’t see any markings on a piece of gold jewelry, it usually means two things—either the piece didn’t have any markings to begin with, or the mark has faded with time. Whatever the case, it’s usually not a good sign when there are no markings on a piece of gold jewelry. You won’t be able to trace the origin of the piece, so you will definitely need to have an inspector look at it. 

The inspector will run some tests to determine the purity of the piece in question. However, it’s usually not worth the effort to go through this process, as it can be quite costly and time-consuming. If you’re thinking about buying a piece of gold jewelry but you don’t see any markings on it, that usually means you shouldn’t buy it.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - How to Spot a Fake Gold Chain - Our Guide
Written by Gabriel S. on July 14th 2019
Gold jewelry has become a fashion statement. Chances are you buy gold chains to keep up with the trend. You may also want to keep them as a lucrative investment. But before you take the plunge, here’s the caveat: how can you possibly be sure that the gold chain you’re planning to buy is really made of gold? How can you tell if a particular gold chain is fake? There are many ways to spot fake gold chains. Below are some of them.

Fake Gold Chains in a Nutshell

To begin with, what exactly are fake gold chains? Simply put, fake gold chains are those that aren’t made of solid gold. This means that they were made using another metal or an alloy of non-gold metals. They are usually gold-plated, which means that they are covered with a thin layer of gold to make them appear as though they are real. There are also gold-filled chains which can pass as pieces of solid gold. 

They are made of non-gold metals too. But unlike gold-plated items, they are wrapped in a thin sheet of gold which is attached to the core metal under high temperature. Please be advised, however, that jewelry with less than ten karats pure cannot be considered and sold as gold. So you should be careful when buying gold chains, lest you end up with a fake.

How to Spot a Fake Gold Chain

Knowing how to identify fake gold chains can help you make a good decision when you’re buying pieces of jewelry. Below are three tips on how to spot a fake gold chain.

Gold markings: 

In most cases, pieces of jewelry have gold stamps or hallmarks showing the karat of the items. The simplest way to determine the purity of a piece of gold jewelry is through its gold marking. Karat is the measure of purity, and it indicates how much of the piece is made up of gold and how much was made of non-gold metal. The highest measurement is 24 karats, which means the item is made up of pure gold. The karat shown in the marking is usually expressed in numbers followed by the letters K, KT, or KP. For instance, a 14K stamp means that the gold item is 14 karats. This also implies that the item is made up of 58.33 percent gold, and the remaining are other types of metal.

Acid testing: 

If there’s no marking on the piece of jewelry, another way to check for the presence of gold is to use acid testing. Testing jewelry with nitric acid is said to be a reliable way to find out how much gold an item contains. All you have to do is to visit a jewelry shop for testing. The jeweler will simply apply nitric acid to the scratch mark and observe the chemical reaction in order to determine how much gold is in the item. You can also do acid testing at home. Buy a gold testing kit and follow the instructions that come with it.

Color and discoloration: 

Color and discoloration have a lot to say about the gold purity of a chain. They can tell you whether a chain is made of gold or not. Chains that are as yellow as pure gold are most likely gold-filled or gold-plated. They are merely covered with 24-karat gold. Meanwhile, discoloration is a strong indication that a gold chain may be fake. A fake gold chain becomes apparent when the gold plating starts to wear off, and the underlying metal becomes visible. You will see the metallic color of its non-gold core, whether the item is gold-filled or gold-plated.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - All You Need to Know About Gold Stamps - Our Guide
Written by Gabriel S. on July 7th 2019
When you’re buying gold jewelry, you always want to make sure that it’s genuine and the quality of the gold is up to par. This information can usually be found on the stamp, which makes some people afraid to sell their gold jewelry if they’re not stamped. In this article, we’ll tell you all about the gold stamp and whether it’s really as important or not. That said, let’s get to it.

What are karats?
The karat number is the measure of the purity of gold. It indicates how much gold was used to make a piece of jewelry. The highest karat number you can find is 24K, which tells you that a certain piece is 99.99 percent gold. If you walk into a jewelry store and see a gold piece marked with 24K, you’ll know that the gold is high-quality.

Another measure of the quality of gold is the parts-per-thousand, a number that indicates the proportion of gold to other substances. For example, if you see a gold piece marked with the number 800, that means the piece is 80% gold.

Under U.S. law, vendors are obligated to stamp their gold pieces to indicate their quality and purity. The number of karats or the PPT number must be printed on the gold pieces. The law also clarifies how vendors must round off the karat number to make sure that consumers are getting what they pay for. The karat number must not deviate by more than 0.5 from what’s indicated on the stamp. For example, a gold piece that is actually 13.6 to 13.9 karats can be rounded off and classified as 14k gold. However, 13.5 piece is not and to say it’s 14K gold is illegal.

What do GP and GF mean?
There are other types of letter marks. GP means gold-plated and GF, means gold-filled. If a piece is marked as 14K GP gold, that means it is actually made of another metal, then covered and plated with 14K gold. Therefore, the price of this piece should be significantly lower than a 14K GF piece, so keep that in mind when you’re buying or selling gold.

Are the stamps always accurate?
While the stamps are designed to prevent the issue of counterfeited gold, it’s not a foolproof strategy. Some mistakes, such as inaccurate karat numbers, still run rampant in the gold jewelry industry. Worse, some may even intentionally mislabel certain pieces of gold jewelry to make people think that they are getting 24K gold when they’re not. Therefore, you should only buy gold from a shop that you can trust. Do some research to find the best shops in your area.

What if there’s no stamp?
If a piece of gold doesn’t have a stamp, it will lose the majority of its value, as the general public won’t be able to determine the true quality of the piece. There can be many reasons why a piece of gold jewelry isn’t stamped. It may have been exposed to some types of acid that smudged the stamp, or normal wear and tear due to years of use might have erased it. You should keep in mind that older pieces of jewelry often don’t have a stamp, so it can be hard to determine how pure it is. If you have a piece of gold jewelry that doesn’t have a stamp and you’re looking to sell it, you can send it to a gold inspector and have them run tests to determine its quality. This may or may not be worth the expense, depending on the quality of the piece, but if you really want to sell it, we suggest you do it anyway.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Determining the Quality of White Gold - A Beginner's Guide
Written by Gabriel S. on June 30th 2019
White gold is one of the most precious metals out there, which is why it’s so hard to find in the market. However, there’s no denying that buying white gold is dangerous and equally hard, due to the high number of low-quality knock offs out there. In this article, we’ll tell you how you can avoid being fooled by unscrupulous people selling such products.

What Is White Gold?
Many people think that white gold is a naturally occurring metal, but it's not. It's artificially made by mixing high-quality gold with other metals, such as palladium and silver. This makes the gold harder, stronger and gives it the look that everyone associates with white gold—one that's as pure as the driven snow.

What Determines the Quality of White Gold Jewelry?
Like many other types of metals, the quality of white gold is measured in karats. This indicates the metal’s purity—the proportion between gold and other materials that were mixed with the gold. The higher the karat number, the purer the piece, which means that there’s more gold in it as opposed to other materials.

How to Determine the Karats of White Gold:
Typically, the karat is shown in the Hallmark on the piece itself, but if it’s not visible, you can have the metal tested for purity. The Hallmark stamp is usually hidden on the side of the jewelry that comes into contact with the wearer’s skin. For example, if it’s a ring, the Hallmark is usually located inside the band to make it invisible. The Hallmark number is simple to read, as it usually consists of a number followed by the letter “K”, which is short for "karat." For example, an 18KT piece is an 18 karat white gold piece, which also contains 75% pure gold. 

Additionally, the parts-per-thousand (PPT) marks system is also used to determine the purity of the metal. The PPT number is even easier to interpret, as it’s literally the percentage of gold to other materials. For instance, a white gold piece with an 800 PPT rating means that there are 800 units of white gold to 200 units of different materials in the piece.

Karat Testing for White Gold
Now that you understand how to determine the quality and purity of white gold, let’s examine how karat testing is actually done. This will give you a better understanding of how much you can trust the system. Once you know more about it, you'll have a clearer grasp of the process as a whole. That said, let’s get to it.

1. The karat tester will start by scratching the surface of the gold until the visible gold mark or layer is visible. From there, the inspector will press down on the metal piece with a hard object to reveal the rhodium plating layer underneath.

2. After that, the tester will expose the rhodium and gold layer to a testing acid. If the gold loses its color or dissolves when it comes into contact with the acid, that means the true karat of the piece is actually lower than the number on its Hallmark label.

3. If the mark doesn’t fully disappear or if it’s only slightly damaged, that means the piece's karat is equal to or slightly lower than the number indicated on the Hallmark label.

4. If the color of the mark does not change, then its purity is above the karat label number, and you should try a higher-karat bottle until you get a reaction.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Gold Vermeil Jewelry Everything You Should Know Before Buying
Written by Gabriel S. on June 23rd 2019
Jewelry is often quite a big expenditure. When you buy a fancy necklace or an extravagant ring, you let yourself wear your investment. There are different kinds of jewelry that you can buy as an investment, an accessory, or both. However, no matter how much of a jewelry lover you are, it’s still possible that there’s a thing or two that you’ve yet to learn.

Many jewelry buyers are not aware of what the term “vermeil” actually means. In this article, we’ll share the basics of what you need to know about gold vermeil so that you can be more knowledgeable the next time you go jewelry shopping. 

What is Gold Vermeil?
Gold vermeil, also popularly known as vermeil, is the term that refers to jewelry that is made of silver and then coated with gold. Non-jewelry items that have the same composition are also referred to as vermeil. The term vermeil originates from the French word pronounced as ver-may, which is an alternative term used to refer to such jewelry and items that are silver-gilt or gilded silver. 

How is Gold Vermeil Made?
If you’re interested in getting some vermeil pieces to add to your collection, you might want to know how one is made. To make vermeil jewelry, the base is first made out of silver. Then, that silver base is plated or coated with a thin layer of gold. The process that coats the silver base with gold is known as electrolysis. 
Gold vermeil can be made with a gold coating of various purity. However, in the United States, silver-base jewelry needs to have a gold plating of at least ten karats before it can be considered as vermeil. Ten karats are equivalent to around 42 percent gold content. Furthermore, you cannot sell silver-based, gold-plated jewelry as vermeil in the United States if the plating is less than 2.5 microns thick. Sellers are also required to disclose if the base has other metal content aside from silver.

How Durable is Vermeil?
If you are wondering how durable vermeil jewelry is, the answer is it depends. To put it simply, the thicker the gold plating of vermeil jewelry is, the longer it will take before it fades away. The gold coating’s karat also matters. As you might already know, the higher the karat of the gold, the higher the percentage of gold in the coating. As a result, the coating is softer and easier to scratch.

Gold Vermeil Vs. Other Gold-Filled or Plated Jewelry
The primary difference between gold vermeil and other gold-plated jewelry is that vermeil has a silver base, while the base of other gold-plated jewelry can be made of other types of metals. Because of this, vermeil can be considered more valuable than non-silver gold-filled or gold-plated jewelry. 
Meanwhile, in terms of durability, some gold-filled or gold-plated jewelry may prove to last longer. This is because these types of jewelry often have a thicker gold coating to conceal the non-gold or non-silver base fully. As a result, it takes longer for these pieces to become scratched as compared to vermeil.

Vermeil and Nickel Allergies
In general, vermeil jewelry doesn’t contain nickel. Therefore, if you’re allergic to nickel, vermeil is safe for you to wear. To be safe, always ask the seller whether the jewelry you’re getting has nickel content. 

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - What You Need to Know about White Gold Chains - Our Guide
Written by Gabriel S. on June 17th 2019
Gold chains are quite popular nowadays. Why not go for white gold chains instead? You’ve probably seen the pieces of jewelry we're talking about, the ones resplendent in white or yellowish hues. They aren’t pure gold or silver—they're made of white gold. 

White gold is commonly used to make bracelets, necklaces, and other pieces of jewelry. We’ll talk more about white gold chains in the following section. If you’re planning to buy one, here’s what you need to know about white gold.

White Gold Chain in a Nutshell

The question is, what is a white gold chain made of? A white gold chain is made of a mixture of yellow gold and other metals, which produces a whitish alloy. This alloy also appears rather yellowish. It is typically coated with rhodium which has an entirely white color to augment its whiteness. The only problem with this is that rhodium plating wears away with time. When this happens, your white gold chain will need to be replated.

The Karat of White Gold Chain

The karat of a white gold chain is determined the same way you measure a karat of typical gold jewelry. We know that pure gold consists of 24 karats. When checking the markings on your gold chains, you have to divide the number of karats by 24. This means that a 14-karat white gold chain has 58 percent pure gold, same with a 14-karat yellow gold necklace.

In general, pure gold is a malleable metal. This means that the higher the karat of your chain, the softer it will be. If your gold chain has higher gold content, chances are this item's rhodium plating will compensate for its softness. This means a white gold chain’s surface is a bit harder than that of a similar yellow gold piece.

White Gold Chain: Nickel Content

As mentioned, a white gold chain with no gold purity is also made of other metals such as nickel. Nickel is sometimes used in white gold jewelry. Some people are allergic to this metal, but fortunately, the rhodium plating of your chain will protect your skin. However, you should still be careful. If the plating wears off and the exposed white gold alloy touches your skin, you might end up with a rash. Better yet, just look for a white gold chain that is certified nickel-free.

White Gold Chain: Solid or Hollow?

You might also be wondering if a white gold chain is solid or hollow. Well, a white gold chain is usually hollow, which is why it is remarkably light and cheap. Since it isn’t a solid piece, please be advised that a white gold chain is also easier to damage. You could dent or even break a hollow chain if you're not careful with it. So if you buy one, you should take very good care of it every time you put it on. Now, if durability is an issue, you should get a more solid white gold chain instead.

Wrapping Up

Finally, there is a wide array of white gold chains you can choose from. White gold chains have different designs such as the anchor chain, box chain, curb chain, Figaro chain, mariner chain, and the rope chain. They are said to be flexible and not easy to break. 

Other designs include the herringbone chain, omega chain, and snake chain. However, they are more likely to twist and are prone to kinking and catching on your clothes or hair.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Ways to Measure the Value of 14K Gold - Our Guide
Written by Gabriel S. on June 11th 2019
Are you a fan of gold jewelry? If so, chances are that you have gotten curious and wondered whether your favorite pieces are made up of pure gold. Although jewelry shops would like to have you believe it, the fact of the matter is that gold necklaces, bracelets, and other pieces of jewelry are not always made out of pure gold. They are often made of other metals or alloys plated with gold or are gold combined with metals such as copper, zinc, nickel or silver. It’s easy to be fooled by the external attributes of the pieces of jewelry, particularly gold. In most cases, some items look more real than the actual gold simply because of the plating. That said, we can always measure the value of pure gold, which consists of 24 karats. Here are a few ways to measure the value of 14K gold in particular:

14 Karat Gold in a Nutshell

Karat is a unit used to measure the purity of gold alloy in a piece of metal. In essence, 24K is the highest unit. This means that a 24-karat marking indicates that a gold alloy is made up of pure gold. That being said, a piece of 14K gold is a mixture of pure gold alloy and other metals. Typically, the other metals in a 14K gold are copper, zinc, nickel, or silver.

We can actually determine how much gold a chain or item is made of. A 14K item can surely be measured based on gold weight and how much pure gold is present in it. This is important to know the standard gold market prices in order to value your item. Below are two ways to determine the value of a 14K item.

Gold Weighing

The first option to measure the value is through gold weighing. To begin with, put your 14K gold on a scale. You have to make sure that you remove any items that are not made of gold. For instance, if your piece of jewelry has a gemstone, remove it and do not include it in the weighing. When weighing your gold in grams or ounces, you can use the following conversion rules: 

1 gram = 0.03215 troy ounces
1 gram = 0.64301 dwt (pennyweights)
1 ounce = 0.91146 troy ounces
1 ounce = 18.22917 dwt (pennyweights)

Pure Gold Calculation

The second option is to measure through pure gold calculation. Yes, you can calculate how much pure gold there is in a 14K item. It’s simple as knowing that a 14-karat gold consists of fourteen parts of pure gold and ten parts of other metals. Translating this into a percentage, this means that a 14K item is 58.3 percent gold. As mentioned earlier, a 24K item is comprised of pure gold. If you divide 14 karats over 24 times a hundred, that means 58.3 percent of the piece is gold.

Final Words: Market Value of 14K Gold

Now that you know how to measure the value of your 14k gold, you can now essentially figure out its market value and pricing. Please be advised, however, that retail prices do not merely depend on the purity of the alloy. Other factors are considered, such as the design and brand of the items. 

To check its market value, you can either look at the gold market prices or check with the dealers. You can also check the current market price of gold from a variety of sources online. The rate fluctuates from time to time. Alternatively, check the prices quoted by a number of dealers. Gold dealers usually buy jewelry and other items. They sell them for scrap to refineries. You may want to take advantage of that.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers iswhere you need to go. Contact us today for more information.
East Village Buyers - The Problem With Jewelry Repairs & Why You Should Sell Instead
Written by Gabriel S. on June 2nd 2019
We love jewelry. Who doesn’t? But after a while, certain pieces can break and might need to be repaired. That said, most people don’t know that repairing your jewelry may actually cause them more harm than good. 

Jewelry that has been repaired will be more likely to break again. That’s why some say jewelry repairs aren’t worth your money. Most jewelry repairs require soldering, which can weaken the jewelry and lessen its lifetime, especially if the piece in question is made of a weaker metal. Here’s why jewelry repairs can be problematic.

Rings and bracelets

To change the size of a bracelet or ring, a jewelry repairman will have to cut up the piece. Then he’ll reattach the pieces to each other with a soldering iron The problem with that is that once your jewelry has been fixed, the place where it was soldered will become a weak spot. Putting a broken object together again won’t restore its original integrity. 

In fact, doing so will actually make it even weaker than it was before. The more times you repair a ring this way, the more likely it will be to break again, especially if the jewelry is made of a softer metal. Soldering it will cause the older part to wear thin more quickly. For example, gold or silver deteriorate at a faster pace compared to platinum jewelry.


Chains are at great risk for any damage because they are often pulled, tugged on, or yanked when they’re worn. The stress can cause their links to weaken and break. Depending on the design of your chain, some chains may be easier to break than others. Repairing them will often involve soldering if the chain link cannot be rejoined in any other way.


Like rings and chains, repair methods can vary depending on the type of necklace and the breakage. If a necklace needs to be re-linked, soldering may be needed which, as mentioned before, can make your necklace weaker. Some necklaces might just need a small part replaced, which wouldn’t be too much of a big deal. However, if the chain of your necklace is completely broken, you may need to replace it with a new one. Doing so will be a lot cheaper than soldering it many times over anyway.

Avoiding repairs

If possible, what you want to do is try to steer clear of repairs in general to avoid doing more harm to your jewelry. Fortunately, there are some ways that you can avoid having to get your jewelry repaired at all. By handling your jewelry more carefully and storing them correctly, you should be able to keep your favorite wearables safe. It is also important for you to examine a piece carefully before buying. Consider the materials used to make it. Don’t settle for cheap jewelry, especially if you want the pieces you buy to last as long as possible. If you can afford to buy high-quality jewelry, do so because that will be better in the long run. Jewelry will break often, so you should invest in something that will last longer. Think about the price of a cheap ring, then consider how many times you’ll need to have it repaired for it to last.

If you’re looking for a pawn shop to sell your jewelry in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers- Everything You Need to Know About Inlaid Jewelry
Written by Gabriel S. on May 25th 2019
Using inlaid gemstones, inlay jewelry is a stunning accessory that might be your next must-have to complete your outfit. As opposed to typical gem-adorned jewelry that’s created with stones set with traditional mounting techniques, inlay jewelry makes use of inlaying gemstones in specially-crafted channels to create jewelry with a unique look that every fashionista would adore.

To learn more about this amazing type of jewelry, read on to learn about how master craftsmen make inlaid jewelry and the precautions you have to take before acquiring a piece of your own.

1. Inlaid gems are prone to a few issues

Inlay jewelry isn’t exactly known for its durability. However, it is possible to replace broken or missing stones by having your local jeweler make the necessary repairs - just as long as the stones fit precisely into the open spaces of your bracelet or necklace.

2. Ultrasonic Cleaners are a no-no

Although they may be regarded as the best possible option to thoroughly clean jewelry, ultrasonic cleaners may prove detrimental to the condition of your inlay piece due to the fact that they weaken the strength of the glue bonding the gemstone with the channels. This is the case of every heat-oriented treatment. 

Other cleaning approaches better-suited for cleaning inlay jewelry can be found on the internet courtesy of several experts and existing owners, so there’s no need to spend hours cleaning your pieces every week.

3. Once you set the size, there’s no turning back.

Most traditional jewelry pieces are able to be resized when the size of the wearer changes over time. However, in the case of inlay jewelry, resizing is impossible due to the fact that resizing an inlaid gemstone-studded ring will break off the bond of the glue that holds the stone in place.

Should you get inlay jewelry?

The choice as to whether or not you should buy inlay jewelry is a matter of preference, and should always be as such. Should you choose to purchase inlay jewelry because you appreciate the way it looks and feels, make sure to take precaution and spend some time learning about the measures you have to take when it comes to keeping your pieces pristine. 

Consulting with your local jeweler on how to pick out the most durable pieces will help out with finding a piece that can last you for ages. Going to your local trade shows and garage sales might even help with your search for a new inlay gem-laden piece, especially with most trade shows having concessionaires leaning towards the inlay jewelry market! 

This guide is just a basic overview of inlay jewelry, so if you have any other needs or specifications, always make sure to put them on your list before you buy a piece of your own. Once you get your inlay jewelry piece, make sure that you save the number of a reputable jeweler who can fix it in case of emergencies so that you always know who to turn to. 

Great jewelers will also be more than happy to address concerns regarding any aspect of your inlay jewelry. If keeping your jewelry pieces in perfect condition is important to you, a good relationship with a jeweler you can trust is something you can’t go without!

If you’re looking for a pawn shop to sell your goods at in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - 4 Simple Tests to Help You Find Out Whether Your Gold Jewelry is Real
Written by Gabriel S. on May 18th 2019
When jewelers refer to a piece of jewelry as “real gold,” the item is not necessarily made out of pure gold. In fact, if your ring, necklace, bracelet, or other precious piece is made out of pure gold, it will eventually lose its original shape and design through time and frequent use. The natural softness of pure gold is the reason why it is not used for commercial jewelry. Jewelry makers usually add other metals such as silver to make gold jewelry more durable. 

Since it can be rather confusing, the law has established a legal definition of “real gold.” According to Paragraph 9, Section 23.4 of the U.S. Code of Federal Trade Regulations, gold traders and jewelers can’t use the word “gold” or its abbreviation or chemical symbol for any item that they are selling that is less than ten karats (41.7% gold) in purity. The statute is intended to prevent misleading marketing claims in the jewelry industry. However, because gold jewelry is usually alloyed with other metals, it can be difficult to distinguish “real” gold from imitation gold or what most people call “fake” gold.

“Fake” or imitation gold can come in various forms. It can be a solid gold alloy but with less than ten-karat purity. It can also be a piece made of a different base metal such as copper, silver, stainless steel, or nickel but covered with a layer of gold to give a gold-like luster. Jewelry covered with a thin layer of gold is referred to as “gold-plated” jewelry while a thicker layer of gold will make the jewelry “gold-filled.” 

How to distinguish real gold from imitation gold

The Code of Federal Trade Regulations is very strict with the labeling of gold jewelry, but unscrupulous individuals may pass off imitation or fake gold as the real deal. Thus, before you purchase a piece of jewelry that claims to be real gold, carry out a few simple tests to help you nail down its authenticity:

(1) Inspect the gold markings

Real gold manufactured by reputable jewelry makers has purity indicators branded on them. The most common marking that jewelers use is “K” for karats. Since trustworthy makers follow the law, they only sell pieces that are ten karats (10K) or above. These pieces will have markings that indicate this on the surface of the item. Some European jewelers use parts per thousand (ppt) as an indicator instead of karats. The equivalent of 10K in ppt units is 416 ppt. The higher the ppt number, the purer the gold content. 

Aside from the numbers and “K” or “ppt” purity units, you should also inspect other letters near these figures to know if the object you are holding is made of solid gold. The law requires sellers to indicate the gold content with abbrieviations such as “GP” (gold plated), “GF” (gold filled), “GEP” (gold electroplate), or other symbols that will tell consumers whether or not the item on sale is made of solid gold. However, unethical vendors may use misleading karats or omit these letters, which is why you should not rely on markings alone to know how real your gold item is.

(2) Conduct a magnetism test

For this test, you will need a magnet. If your piece sticks to the magnet, it probably is not a solid gold piece. This is because gold is not a magnetic metal.

(3) Do a streak test

If the item passes the magnetism test, you can then try a streak test. All you need for this method is a piece of unglazed ceramic such as the back part of a bathroom or floor tile. You may also need to have a magnifying lens to see the streak more closely. Gently rub the item in question on the surface of the unglazed ceramic. 

If the color of the scratches on the tile is anything but gold, then the object you’re holding is not real gold. If the tile scratches are gold-colored, however, you will have to inspect the surface of the item you scratched. If you see small shades of silver, brown, or gray after you scratched the jewelry, chances are that you have a gold-plated piece instead of a solid gold alloy one.

(4) Try a nitric acid test

While you may choose to buy a nitric acid kit online, this test should only be used your last resort. You should also have to be careful in using nitric acid as just one drop is enough to burn through your skin. Also, do not put droplets of nitric acid on the jewelry piece itself as it will get damaged. 

For this test, you would scratch the object in question unto a slab of dark-colored rock (but that rock should not be limestone or any carbonate-bearing rock). Then, apply one to two drops of nitric acid to see if the powder left behind would dissolve. If the streak does not dissolve even with the highest-concentration of nitric acid, it could be imitation gold. 

If you’re looking for a pawn shop to sell your goods at in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Three Factors to Consider When Selling Your Gold Wedding Ring
Written by Gabriel S. on May 11th 2019
Whether they no longer have any desire to hold on to it or are hard-pressed for cash, there are times when people may decide to sell their gold wedding rings. It might have to do with a recent divorce or the need for financial cash due to an illness in the family, business bankruptcy, or other major financial investments. 

Whatever the reason is, selling your wedding band entails thoughtful thinking. The value of your gold wedding ring as a whole should be deemed with the utmost consideration. This serves as the basis of arriving at the actual price of this piece of jewelry.

That said, there are three factors to consider when you’ve decided to sell your wedding ring. These include the value of the metal the ring is made of, the value of the stones set in the piece, and the value of the ring as a complete piece of jewelry. In the next section, we will further discuss and expound on these three factors.

Metal Value

The gold value of the metal in your wedding ring is basically the determining factor for the ring’s price. The karat of the gold ring serves as the reference as to how much it is worth. Karat is a unit used to measure the purity of gold alloy in a piece of metal. A 24-karat marking indicates that your gold chain is made of pure gold.

To determine the purity of the gold your ring is made of, you will need to know the karat. Then, you will be able to convert it into a percentage. For instance, if your wedding band has 22 karats, divide it by 24 (which is the standard gold purity expressed in karat) and multiply it by a hundred. That yields 91.70% as the gold percentage. This means that this metal has 91.70% gold alloy while the remaining 8.30% are other metal materials.

Thus, this helps you find how much pure gold the piece contains. You can then estimate the value of this piece based on the standard gold market price. Typically, the most relevant price would be the one quoted by gold dealers that buy individual jewelry items to resell them for scrap gold or melting down.

Stone Value

Next to consider is the value of the stone. Some wedding rings have precious gemstones mounted on them such as diamonds, sapphires, jade, or ruby. Typically, the price you can get for your diamond or other gems will be closer to the wholesale prices jewelers pay to their suppliers.

That said, you will need to look up for the retail prices of gemstones or diamonds in order to estimate the value of your stone in your wedding ring. In order to do so, make sure that your stone matches the color, clarity, carat weight, and cut quality shown in the retail prices. Then, assume that you would get about 20% of that amount. You won’t be able to get the actual price, but you can get an approximate estimate as to how much it is worth.

Jewelry Value

Finally, the complete piece of the jewelry is a deciding factor in determining the wedding ring’s overall price. This is because apart from the materials themselves, this piece of jewelry includes the value of the design and the work involved to create it.

That said, you can increase the value of jewelry piece by adding the values of its constituent metals and stones plus the value intended for the design and the craftsmanship involved. Please be advised, however, this is mostly true for new pieces of jewelry. Second-hand pieces of jewelry are typically sold at much lower prices.

If you’re looking for a pawn shop to sell your goods at in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - What to Do When Scrapping Your Gold For Cash - Our Guide 
Written by Gabriel S. on May 4th 2019
If you have broken or damaged golden jewelry that is 10K and above in purity that you no longer wear, you can get much more value from it than just leaving it idle in storage. Gold items such as chains, bracelets, anklets, and earrings are better sold for cash instead of just sitting around in your home gathering dust.

In fact, now is the best opportunity to say goodbye to gold in exchange for a decent amount of money. Compared to its $300 per ounce value 25 years ago, gold is now being traded at around $1,100 per troy ounce. But if you plan to sell your scrap gold now, you should first know how to value and sell your gold in order to reap the most benefits from the increased price.

It doesn’t help to be as naive as most people who sell their scrap gold without any inkling of how much their gold is really worth. Once you understand how to determine your scrap gold’s value, you will be surprised by how much it is really worth.

Check the price of gold first

Before you grab your gold, you should first check what the market price is. Be aware though that the price of your gold when scrapped and melted is different from the market price it may have when it’s solid. This applies for more intricate broken jewelry, old coins, or gold artefacts with historical provenance. It will be wise to have these items appraised by an independent evaluator before you turn these into cash.

It also helps to anticipate when gold prices will spike. Read the world news to monitor political and economic developments that are expected to drive prices up in the following weeks to come.

Determine the purity of your gold items

The published market price of gold only applies to pure or 24K gold. If the purity of your gold items is less than 24K, it will have less value than the published market price. Gather your gold items and sort them into groups of known and unknown purity & take them to an expert or to the mint for a purity evaluation. 

Weigh your scrap gold

You may borrow an analytical balance to determine the accurate weights of your gold. By this time, you should have sorted your gold by purity. Next up is to note the weight of each purity group, then convert all weights in troy ounces. One troy ounce is exactly 31.10348 grams in metric units, you can use online converters to make this easier. What’s important is that you are aware of how much your scrap gold items weigh. 

Calculate its true value

To get an estimate of your gold’s true value, you will need to first obtain the purity factor. Remember that the market price of gold applies only for pure gold, so if you want to know your less pure gold’s value, you need to find the purity factor. To get the purity factor, divide your gold’s purity (in karats) by 24. The resulting quotient basically means “x % pure gold,” with x being “100” if your gold is 24 karats or pure. Then multiply this decimal with the weight of the group of gold’s purity and then by the market price of gold to get the true value.

At this juncture, you should also be aware that you will not receive the full true value. The gold buyer will be deducting a fee that can be up to 20 percent of the value so that they can resell it at a higher value for profit. 

If you’re looking for a pawn shop to sell your goods at in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - How to Determine the Karats in a Gold Chain 
Written by Gabriel S. on April 28th 2019
Jewelry can be precious in many different ways. Sometimes the value lies in the monetary worth, while other times it lies in the sentimental worth. While there is a wide array of jewelry selections, you might want to invest in a gold chain for your trinkets, whether they are necklaces or bracelets. Gold chains look absolutely alluring, especially when they sit on your neck or your wrist. They offer a certain appeal and bump your overall look up a status level. Anything gold gives off a royal, elegant, and classy look.

When you take a closer peek at your gold chain, however, do you know whether it is pure gold? If not, how many karats do you think the gold is? 

Fortunately, there are ways for you to learn about the value of your gold chain. Let’s start off with the basics. A karat is a unit used to measure the purity of gold alloy in a piece of metal or 24-karat markings indicate that your gold chain is made of pure gold. 14-karats, on the other hand, means that 14 parts of the gold chain consist of pure gold, while ten parts are made up of other metals.

Perhaps you want to know how many karats your recently purchased gold chain really is. Here are three ways that you can determine its purity:

Reading Karat Markings

The simplest way to know the karat of a gold chain is through its hallmarks. Most manufacturers put markings or stamps on gold chains or any pieces of jewelry for people to know the karat content. These markings show the purity of gold alloy in karat or parts per thousands.

It’s important that you know how to read karat markings. Most stamps indicate markings such as 10k, 18k, or 24k. There are quite easy to understand. Some stamps read as “583.” This means that 58.3 percent of gold alloy or that is equivalent to 14 karats. “750” means 18 karats, while “917” indicates 20 karats. Simple mathematics is required to understand what these markings mean.

Home Karat Testing

If your gold chains don’t have markings or they have worn off, another way to determine the karat is to do karat testing at home. All you need is a gold testing kit. 

Most kits have you measure the karats by scratching the testing stone so as to leave a gold mark. Then, you can start with the acid bottle labeled as “14k”. Drop some acid on the mark and see if the gold mark reacts or changes in color. If it does not react, you can move on to the next bottle of acid. When an acid with a certain label reacts with the gold mark, you can determine its gold alloy content.

Professional Karat Testing

Lastly, you can have the gold chain tested by a professional. This is the easiest way to determine the karats if it’s too much of a hassle to test it yourself or you do not know how to do it correctly. 

The testing method performed by most jewelers is usually similar to the testing mentioned above. The method involves taking a tiny sample from the gold chain and having it treated with nitric acid to see the reaction. The only catch is that most jewelry stores charge a fee for Karat testing services.

If you’re looking for a pawn shop to sell your goods at in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - Four Ways to Determine if Your Jewelry is Gold-Plated
Written by Gabriel S. on April 21st 2019
Jewelry is a piece of metal that makes a statement. Wearing a piece, whether it’s solid gold or merely gold-plated, does not only add aesthetic beauty to an individual but gives one a sense of elegance and class.

Most women hope to wear a genuine gold piece of jewelry, be it a necklace or a bracelet, to complement an outfit or enhance their overall look, particularly during special occasions. Men can uplift his status if he’s able to give this to someone he’s pursuing. In fact, he might even end up winning her heart.

For others who cannot afford the expensive gold jewelry, there’s nothing wrong with settling for gold-plated jewelry. These do not make much of a difference in terms of look if one does not know how much it cost. So how will you actually know if a piece of jewelry is genuinely gold or merely gold-plated?

Let’s start with the difference between a solid-gold and gold-plated jewelry. Solid-gold jewelry is entirely made up of gold alloy. Gold-plated jewelry, on the other hand, is basically a piece of ordinary metal that is covered with a thin film of gold. This thin film is wrapped on the outer surface of a non-gold metal to make it appear as though it is genuinely gold. Thus, it all boils down basically to the metal composition of both. 

Here are four ways to determine if the piece of jewelry is gold-plated.

Jewelry Markings

Most pieces of jewelry have markings indicating if it’s gold-plated or not. The most common stamp used is a GP mark that stands for Gold-Plated. Other markings are GEP which means Gold Electroplated, RGP for Rolled Gold Plate, and HGE for Heavy Gold Electroplate. It’s a standard requirement that jewelry is indicated with markings so buyers won’t get confused. However, it does not necessarily mean that a piece of jewelry without any markings is pure gold. Be wary that it may not have been stamped.

Acid Testing

Apart from the markings or just the look itself, the most reliable way to find out if a piece of jewelry is gold plated is through an acid test. How does this work? The jeweler will take a sample from your jewelry and apply acid to check its color change. The change in color indicates what is present on the metal sample. While acid testing is primarily used to determine the karat of solid gold jewelry, it can also be used to determine if a piece of jewelry is gold plated or not.

Magnet Testing

Magnet testing is another way to check if a piece of jewelry is gold plated or not. It is as simple as checking if the piece of jewelry gets attracted to a magnet. If it does, the piece is some sort of metal that is not gold. Pure gold is not magnetic on its own. 

However, this test is not 100 percent effective and cannot be conclusive for a number of reasons. Jewelry that attracts to a magnet may not automatically mean it’s plated. It can still be solid gold with low purity and might contain a magnetic metal.

Gold-Color Indicator

Finally, the gold color of jewelry can be an indicator if it’s gold plated or not. This is because gold-plated jewelry is covered with 24-karat gold whereas the solid gold is made up of gold alloy. Hence, if your jewelry has an intense yellow color similar to pure gold, chances are it has just been plated with gold. Be wary of an uneven surface as it might get worn off in time, thus showing the true color and tone of metal that your jewelry is made up of.

If you’re looking for a pawn shop to sell your goods at in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers- The Best Items to Sell to a Pawn Shop - Our Guide
Written by Gabriel S. on April 14th 2019
We all need money, and sometimes, quick cash is necessary to get through some rough times. One of the best ways that you can get some money quickly is by pawning your goods. Pawn shops aren’t picky, and they will buy just about anything with value. However, there are some things that they like more than others. That’s what we’ll be talking about today. Here is a list of a few things that you can sell to a pawn shop incredibly quickly:

Best Items to Pawn for $1000 & Up

Diamonds & Gems: 
Diamonds and precious gemstones are some of the most valuable objects, and there’s always a demand for them. This makes pawn shops very eager to buy them off of you because they can be sold quickly to make a profit. If you have a piece of diamond, ruby, jade, or other precious gemstones that you want to sell, bring them down to your local pawn shop. Make sure that you have some sort of evidence that validates the authenticity and history of the piece, as that will ensure that you get the best price for your precious stones.

Jewelry is another item that pawn shops will be more than willing to accept, much for the same reason as gemstones. They are easy to sell, and there’s always a demand for it. If worse comes to worst, they can pick out the gems and smelt down the materials to sell individually. Although this is not a likely scenario, it’s an option if they ever have to do it. As with diamonds and precious gemstones, make sure that you have all the evidence of authenticity, as that will have an impact on the quoted price, especially if it’s an antique piece.

Best Items to Pawn for $500

Wristwatches are valuable accessories that have quite a high demand, and it’s not hard to see why a pawn shop would be eager to buy them. Like you would have to with jewelry, make sure that you have all the parts intact, and don’t forget to bring evidence of authenticity. Bootleg watches are everywhere, and pawn shops don’t want to risk buying something that may not be genuine. Therefore, you need to bring the box, serial number, documents, and everything else that can tie the watch to its manufacturer.

The best watch brands can sell for quite a hefty sum of money, even if it’s a secondhand watch, especially if it’s a limited edition or a rare discontinued model. If you have a Rolex, Omega, Hublot, or Rado sitting in your shelf, remember that they can fetch a high price at a pawn shop.

Best Items to Pawn for $100

Power Tools: 
People are always looking to buy cheap second-hand tools for their projects at home, which is why power tools such as drills, bench grinders, and power saws sell so well. The top models of high-grade brands such as Bosch can sell for over a hundred dollars, which is a lot of money for a second hand power tool. Make sure you keep these tools at its peak condition, as when you’re looking to sell them, they can make you quite a bit of money.

Electronics like computers, laptops, and smart TVs can sell for quite a bit of money, depending on the model and the condition of the piece. For example, if you’re looking to sell a top-notch, custom-built PC, you can make quite a sum. On the other hand, if you’re looking to sell a generic model with little-to-no upgrades done, you will be lucky to get $100.

New smartphones come out every year, several times a year, so it’s understandable that the price for these phones will drop drastically with each new model that comes out. You shouldn’t expect to get more than $100 for a second-hand smartphone, despite its condition and year of production.

If you’re looking for a pawn shop to sell your goods at in Bronx, New York, East Village Buyers is where you need to go. Contact us today for more information.
East Village Buyers - What You Should Know Before Selling Your Gold to Buyers
Written by Gabriel S. on April 7th 2019
Selling gold is one of the quickest ways to earn money. If you have any gold items in your possession that you no longer want, then you might want to consider selling it for some cash. However, many people make the mistake of selling gold without having a very good idea of how much their gold is actually worth. 

The lack of knowledge could potentially rob you of the amount of money that you should have gotten. Therefore, it is very important that you know how to appraise the value of your own gold in the current market so that you can get the most out of your sale. In other words, you need to educate yourself before you blindly sell your gold to any gold buyers. The last thing you want is to lose your precious gold while getting underpaid for it!

In short, you need to figure out exactly just how much your gold is worth, as well as knowing how to compare the different offers for your gold. To make sure that you get the most profit out of your gold items, read on to find out the steps that you should follow:

Step 1: Find Out the Purity of the Gold

The first step is to figure out what kind of gold you have. There are many things that you need to determine in this step, particularly the purity of the gold. To get to the bottom of this, you first have to understand the concept of hallmarks and trademarks. Without this piece of information, there is a very high chance that you will be taken advantage of by gold buyers.

Step 2: Determine the Weight of the Gold

Another thing that you need to figure out is the weight of your gold. There are various ways to calculate the weight of your gold items using a scale, whether in grams, pennyweights, or troy ounces. In order to do this in an accurate manner, you need to know the difference between each scale. Otherwise, you can lose a substantial amount of money.

Step 3: Know the Value of the Gold

Before you can determine the value of your gold today, you need to know the current market price and how it impacts the amount that you are paid. The market price of gold in combination with the purity of the gold you are selling will determine how much your gold is worth, and that number should be your benchmark when selling to different gold buyers. By having this knowledge, you will be surprised to see how much more money you earn as compared to what most people receive for the same or similar kind of gold.

Step 4: Compare Offers Between Buyers

Once you know how much your gold is worth and the number that you are looking for, you can go ahead and meet with gold buyers to sell your item. Keep in mind that you should never settle for the first buyer that you meet with - even if you are satisfied with the number. You should keep your options open so that you can compare the offers between various gold buyers. This way, you can go with the one that offers you the most money for your gold item.

Are you looking to sell your gold to help build savings? Pawn your gold in NYC and get in touch with us today! We’re happy to help.
East Village Buyers - How to Determine the Weight of Your Gold
Written by Gabriel S. on March 31st 2019
The weight of your gold will determine the price of your gold. Therefore, it is crucial that you know the weight of your gold as well as the gold price per gram so that you know how much your gold is worth. Keep in mind that the price of the gold is decided by the ounce, not by the gold price per gram or pennyweight. This means that conversion may be required.

In global commodity markets where establishments trade millions of dollars at a time, 24K gold trades at over $32 per gram. Considering the current gold price per gram, an extra gram of gold can make you a considerable amount of money. 

This is why it is vitally important that your gold is weighed accurately when doing a transaction. As a matter of fact, you should validate the weight of your gold before you attempt to sell it to any buyer. The best way to verify the weight of your gold is to weigh it on a “gram” scale. 

What If I Don’t Own a Gram Scale?

If you do not own a gram scale, you can use a triple beam scale that can be found in most high school and college labs. Most gram scales that are being used for trade are digital scales. They come with a digital readout of at least 1/10 of a gram (0.1), which is perfectly fine for gold weighing. 

When it comes to trading gold, you want to double check that the reading of the scale is accurate. Thus, you should make sure that the scale is calibrated. You can do this by putting a calibration weight on the scale to see whether the reading is accurate. If a 50-gram calibration weight is placed on the scale, then it should not be off by over 1/10 of a gram. 

In the case that you cannot find a calibration weight anywhere, you can use a US nickel or a penny, where each of them weighs 5 and 2.5 grams, respectively. 

If you cannot find any gram scales, another easy way to weigh your gold is to use a small sandwich bag. Put your gold in the bag and put nickels and pennies into another bag. Pick them up with two fingers to compare the weight. 

Note that this method is not recommended as it is only an estimation, not an accurate way to weigh your gold. Even so, it is a better alternative than holding the gold in one hand and the coins in the other.

The Bottom Line

A gram scale is the most accurate way to weigh your gold. However, there are other ways that you can weigh the gold as previously mentioned in this article. Many kitchen scales are not accurate enough to determine the true weight of your gold. 

Remember, a good estimation is better than an inaccurate reading. When you are using scales for gold transactions, make sure that the reading is accurate. The point that needs to be stressed here is that you should never sell your gold without having a good idea of how much it weighs.

Are you looking to sell your gold to help build savings? Pawn your gold in NYC and get in touch with us today! We’re happy to help.
East Village Buyers - What You Need to Know About Selling Your Gold for Cash
Written by Gabriel S. on March 24th 2019
Shaky economic times like today sometimes require you to let go of that gold jewelry that you have stashed in your safe and turn it into cash that you can use to ride out the tough times. One thing that many people assume is that when they sell their gold, they will get its full market value per ounce. However, this often simply isn’t true. This myth the first thing for you to discard before you sell your gold. For one, most buyers are also looking to earn a profit from reselling the gold you sold them. Therefore, they will most likely only agree to buy your gold at a price that is lower than that of the market value. Gold buyers sometimes also pay to have someone melt and refine the gold, an amount which would take up to 30 percent of the gold’s value.

In addition, what you’ll actually get is just a part of the gold’s scrap value and not its market value. While the market value of an intricate 10 gram bracelet made of pure gold may be higher than the market value of a plain gold coin of the same weight and purity, when both are melted, they will both have the same scrap value. After all, both are made up of the same precious metal that the buyers are looking for. Moreover, many buyers are not after the design or even the provenance of the gold items that get sold to them. If you want to sell your gold jewelry as it is, it would be prudent to have an appraiser determine its value first as the sophisticated craftsmanship and historical provenance may give your gold jewelry higher value than it would fetch as scrap.

The purity of the gold also plays a big hand in the amount you will receive. Pure gold is, obviously, the most valuable. Its purity measured in karats. Imagine the karat as a 24-slice pie with each karat corresponding to one slice. Pure gold is 24 karat or 24K gold and is, therefore, worth all 24 slices. In contrast, 50% gold or 12 karat gold is only worth 12 slices, while 30% gold or 8 karat gold is just eight slices. 

Having dispelled the illusion that selling your gold will make you into an instant millionaire, here are two things that you need to know and do before you sell your gold. 

1. Learn how to convert gold’s value in terms of paper money

Gold has long been considered a precious metal even when paper money was not yet invented. Despite it not being the rarest metal, it is still hard enough to find to be treated as a high value-bearing commodity that you can exchange with other important commodities such as food or land. To this day, it remains an indicator of wealth.

The question now is how much wealth your gold is worth in terms of fiat currency. You can’t just use drops of gold to buy food in the supermarket. You’ll have to convert the gold into paper money, which is something that the supermarket will accept if you are looking to buy a bunch of bananas. Even if they did accept those drops of gold as a currency, how can the supermarket owner be sure that he or she is getting the right amount of value in exchange for the quantity and quality of goods you will be buying? Clearly, it is rather impractical to use gold in this type of situation.

That being said, since gold is an item that you can sell, it’s important for you to learn how to get the best value from the amount you have, considering the previous factors that have already been mentioned. As with selling other assets such as land or rare paintings, the more prepared you are before the sale, the more likely you are to receive an amount that closely represents how much your assets are actually worth.

You could begin your preparations by sorting all the gold you have into two groups: those items with known purity and those items with unknown or uncertain purity. The items with known purity are usually distinguished by a mark that states its purity, usually in karats. After this, separate the gold into categories per karat level.

The samples with unknown purity, on the other hand, should be sent to an expert for their purity to be determined. After that, you can include these items to your gold pile of known purity, specifically in their respective karat level. At this time, weigh each article belonging to each karat level as precisely as possible and note these weights down. Sum up the weights of gold belonging to each specific karat level.

2. Use the total weight of each karat level to estimate its respective market value

Even though you’ll get only a portion of the gold’s scrap value instead of its market value, having an estimate of your holdings’ market value will help guide you as to how fair each offer is when you sell.

Start your estimations by making your weight measurements’ units consistent across all karat categories by converting their weights into troy ounces. One troy ounce is exactly 31.10348 grams in metric units. Therefore, if your measurements are in other units, convert them all into grams and then into troy ounces. Troy ounces are the standard unit of measurement in the gold buying and selling business, although some dealers do use grams.

Next, find the market value of gold, which is usually indicated in dollars per troy ounce (of pure gold). You may check out that value by searching online or by browsing the business and finance section of your newspaper. If you have pure gold, simply multiply the weight of your 24K possessions by the market price to have an estimate of your 24K’s total worth. 

Estimating the value of impure gold objects is not that difficult. For each karat category, divide the karat number with 24 to get a decimal value which you will use as the “purity factor.” For example, for the 18K gold category, divide 18 by 24 to get 0.75, which basically means “75% pure gold.” You can use this simple equation for any karat category. After obtaining the purity factor for each category, simply multiply the purity factor with the market price of pure gold and then with the total weight of the gold in that category. Tally up the subtotal estimate values to get the total market value of all of your gold.

With the total estimated value of your gold in hand, contact multiple buyers and compare their prices against your total estimated value. At this point, you can pick your gold buyer whose offer is closest to your total estimated value. When you have chosen your buyer, take your gold to have it sold and turned into useful cash. Just be aware that the money you are going to receive will be less than what the buyer has determined since the sale will include a fee 10 to 20 percent of the gold’s market value that they will deduct from the cash they will give you.

Are you looking to sell your gold to help build savings? Pawn your gold in NYC & get in touch with us today! We’re happy to help.
East Village Buyers - 4 Things to Keep in Mind When Buying or Selling Gold
Written by Gabriel S. on March 17th 2019
The gold market is a lucrative place for those seeking easy money. However, the market is unpredictable, and one mistake has the potential to wipe out years of your hard-earned dough. To become a prudent gold buyer or seller, it helps to have an overview of the gold market and what factors influence its instability so that you can make the right choices at the right times. Here’s what you should keep in mind:

Gold is the motherlode of global political economy

People usually associate central banks with printed money and stacks of gold bars stored in heavily-guarded vaults. However, it has not occurred to most of them to ask why government central banks keep gold at all. These banks can own land, resources, and factories to diversify the sources of their reserve holdings. Moreover, these assets don’t need to be kept in a vault equipped with a byzantine level of security that can cost 1% of the value of the gold that these vaults contain in a year. 

When a war breaks out globally, paper money loses its worth and gold becomes the only currency that international traders accept, especially if it would involve procuring war materials. Governments need gold to buy these essential materials to endure or win a war, so they ensure that they always have gold reserves ready for use at any time war strikes. This was why a president of South Vietnam tried to smuggle gold to Switzerland during the Vietnam War when his army was already being defeated by the North Vietnamese communists, who eventually won and reunited that country.

After World War II, the U.S. displaced the old European colonial masters as the world’s leading power when it ended up with most of the world’s gold. It had so much gold that it was able to support covert operations and proxy wars across the globe against its perceived enemies, from the communists of yesteryears to the Islamists of today. In a sense, gold is an economic instrument of any government’s military might which in turn is used to enforce that government’s set of political agenda upon its people and even the world.

Gold prices can swing at any time without notice. Therefore, the skill of getting the timing right will help you rake in handsome profits if you are a seller and get you more gold while spending less money if you are a buyer. War and severe economic crises cause gold prices to swing even more wildly, making the identification of the right time risky and difficult for buyers and sellers. Keeping yourself abreast of important developments in the world might help improve your chances of striking gold in the buy-and-sell industry.

Twice as much gold is being consumed than being produced, but...

Unlike the fish we catch and the sugar we consume, gold does not and cannot dissolve in our bowls. It can also be recycled. This is why even if gold production lags far behind than demand (mainly because of gold’s rarity in the Earth’s crust and the difficulty of mining it), the supply of gold appears as if it is not decreasing much. Around 700 tons of gold gets recycled annually. On the other hand, the amount of gold that gets lost forever is hard to determine but the amounts lost are probably negligible to make a serious dent on the world’s gold supply. In fact, gold that ends up in the landfill by way of discarded gadgets and broken jewelry which contain them can turn these landfills as the proverbial “cash in trash” when the technology for urban mining further matures for mass industrial use in the future. 

Only around 300 tons of newly-produced gold become “trapped gold” when they become used to make or are incorporated in other products. The rest of gold production are made into gold bars as well as the necklaces, rings, anklets, tiaras, brooches, or even shredded toppings for the world’s most expensive pizza (you can’t still digest the shredded gold toppings, though). All of this free gold (in contrast with “trapped gold”) is essentially available for sale when the price and timing are right. These free gold amount to $9 trillion, giving gold buyers and sellers plenty of opportunities to make a windfall.

The world is obsessed with gold

Since time immemorial, from the Spanish colonial plunderers to today’s treasure hunters, people everywhere have been madly in love with gold. The obsession is so severe that merely speculating on the market value of gold that possibly hides beneath a yet-to-be-studied mountain deep in the thick Indonesian jungles is itself becoming a money magnet. Gold speculation can lead to a bubble. History has seen bubbles that have popped and shattered investors’ lives. Bubbles can even be blown by unscrupulous fraudsters riding on gold’s propensity to attract greedy investors as demonstrated by cases like the Bre-X scandal. Gold still remains a potential source of future bubbles.

But despite the fragility of financial speculation surrounding gold, buyers and sellers may exploit speculation to have gold prices reach digits that would be to their advantage. For those speculators, the rewards are worth the risk, and there will be always grown, greedy men who will be willing to take that risk.

When the dollar is weak, gold is strong,...and vice versa

Money has no inherent value even if it is made up of gold. What it does have is its ‘exchange value.’ A dollar, or any form of money for that matter, derives its exchange value from how much of it is being used as a means to exchange a commodity with actual value with another. Money’s exchange value comes from the convenience that goes along with its elimination of the need to do physical barter. 

Thus, gold becomes a hedge, or a guarantor, for the exchange value of dollars being held by banks, investors, and governments, although gold itself is not a static standard of value, with yearly production inflating its value as if it was also a currency. But if the dollar becomes a less desirable means of exchange in the world markets, those banks, investors, and governments holding dollars may demand the U.S. government to replace their paper money with gold bars. The increased demand for gold resulting from the weakening of a dollar would ratchet up gold prices. A weak dollar is a good time to sell your gold.

On the other hand, if other currencies such as the Japanese Yen, the British Pound, and the Euro are devalued by the respective central banks that issue them, these currencies become more attractive to use as a means of exchange than the dollar is since it would entail lower interest rates for those who use them. Fewer dollars will be used by businesses and governments in the world and the decreased demand for dollars will strengthen that currency. With the dollar becoming a strong currency, those who already hold dollars are less inclined to get gold. Thus, a strong dollar will mean a weak demand for gold. Weak demand means lower gold prices. What does that mean? It’s cheaper to buy gold!

Are you looking to sell your gold to help build savings? Pawn your gold in NYC & get in touch with us today! We’re happy to help.
East Village Buyers - How to Improve Your Spending and Saving Habits in NYC
Written by Gabriel S. on March 11th 2019
Everyone is different when it comes to how they manage their money, including their saving and spending habits. More often than not, people spend more than what they can make without paying attention to their savings at all. This can put them in a difficult financial situation that can be hard to get out of. Some people may need to make a small loan to get themselves back on track. However, there are others who are in a much bigger mess - to the point that a single loan is not enough to solve their problems. If you don’t want to be in this situation, you need to find a way to break out of bad spending habits and promote more effective saving habits as soon as you can. Here are some tips to help you get started:

1. Save Every Month
Every time you receive your paycheck, you should allocate a portion of this money to your savings account. Once you deposit the money into your account, leave it there without touching any of the amount saved. Keep doing this and notice the total amount of your savings will continue to grow significantly. This is a very effective saving habit to develop.

2. Establish an Emergency Fund
Similar to the first point, you should also put some money in an emergency accountl. By saving the money little by little, it can accumulate to become a big sum that you can use the amount to pay for any emergencies, such as a car repair due to an accident or a surge of power bill in the winter. This way, you don’t have to spend all of your hard-earned savings just to pay for some unexpected expenses that may incur in the future.

3. Cut Some Expenses
In order to save more money, you should be able to manage your spending habit first. Before you spend money on anything, think carefully about whether you need the item. Envision yourself living without this item in your life, and if you find that it has no effect on you, then you might want to put it back on the shelf. By adopting this habit, you will be able to cut back on your expenses.

4. Spend Wisely
Try to cut back on luxury, such as expensive clothing items. When it comes to superficial things, you are better off saving your money for more meaningful purchases, including property, a new car, and other things that will have an impact on your future.

5. Plan a Budget
You should plan your budget for each month so that you can determine which purchase is more of a priority to you. For example, your credit card debt should be taken into account before you decide whether you have the budget to go on a vacation. By factoring in the most important payments in your monthly planning, you will have some idea of the budget that you have to work with for the month.

No one wants to struggle with financial problems. Therefore, while you don’t have full control of your income, you still have, to some extent, control over your spending and saving habits. By following the tips mentioned above, your financial situation can be improved, and you are less likely to find yourself in a huge pile of debts that you can’t pay off fast enough every end of the month! 

Are you looking to sell your spare items to help build savings? Pawn your goods in NYC & get in touch with us today! We’re happy to help.
East Village Buyers- How to Decide Whether You Need to Sell or Get a Loan at a Pawn Shop
Written by Gabriel S. on March 3rd 2019
Financial crises affect more people than you’d think, and you never know when you’re going to need the extra cash. Pawn shops are where people who are down on their luck go in the hope that they can get some money to get themselves out of the slump they’re in. It’s a place to go where you can get quick cash for your valuable goods. 

Whether it’s precious family heirlooms, rare personal collections, or precious jewelry, pawn shops will take anything that they can make a profit out of. When you go to a pawn shop, you have the options to either sell your goods or place them for compensation and take a loan for it. These are both viable options for many cases, and in this article, we’ll help you to decide what the better course of action is for your situation.

When to Sell

You should look to sell your goods if you have no connection to the goods you’re selling. For example, if you have a limited edition Gibson guitar you’re not looking to do anything with it, you can sell it at a pawn shop. 

You may not get as high of a price compared to if you were to sell it to a music enthusiast, but it’s a lot easier to sell to a pawn shop, and the process is much quicker too. You can walk in with your goods and have it evaluated by the staff. If they’re not sure about the price, they will call in an expert to inspect the products for you. This might slow down the process, but will still be a lot faster than putting your goods up on a listing. You can clear your storage room and make some extra bucks all in one go.

When to Loan

Getting a loan for your items can have some advantages over selling it. You may not get to keep the money, but at least you have the quick cash to solve your financial problems, and you get to keep your goods. For example, if you have a debt that you have to settle right away, you can pawn your grandfather’s watch to get the money to pay off the debt. 

You can negotiate for a flexible loan term with manageable interest so that you’re able to pay back the loan and get your goods back. The problem with this is that you will be operating on a time crunch, as there’s a deadline to when you have to pay all of your loans, or your pawn shop will take your good as compensation for their loan.

In Conclusion

The decision depends on a few factors, such as how attached you are to the goods, how much money you need, and how quickly you need the money. If you don’t need the valuables and don’t feel connected to them in any way, selling it to the pawn shop might be the best option. On the other hand, if you feel like you want to keep the goods but you’re in an immediate need for cash, getting a loan might be a better idea.

Are you looking to sell your spare items? Get in touch with us today! We’re happy to help.
East Village Buyers - The Benefits Of Buying From A Pawn Shop
Written by Gabriel S. on Feb. 24th 2019
Buying items from a pawn shop can save shoppers a significant amount of money. The best part of this is that in most cases, the items being sold in pawn shops are often new or still in excellent condition. If you are looking for electronics, jewelry, instruments or even tools, a pawn shop could be a great place to look first before you pay the full price at a retail store. Besides shopping for items at cheaper prices, there is another hidden perk of buying things at a pawn shop. 

Just like a retail store, all items will come with a warranty that guarantees that the item works. Otherwise, you will be eligible for an exchange or refund. There’s no doubt about it; pawn shops are truly great places to save yourself some money! Here are four reasons to buy from a pawn shop:

It’s A Great Place For Discount Jewelry

One of the best things about pawn shops is that they will have a selection of high-quality jewelry that costs anywhere between 30-80% less than the retail price. Since pawn shops want to be able to sell the items they pawn, you are almost guaranteed to find high-quality jewelry available for affordable prices. This isn’t a bad deal, considering that most retail stores offer mass-produced, low-quality items. Occasionally, you might find some beautiful, handcrafted rings or necklaces made decades ago as someone has decided to pawn their old possessions. Again these will be cheaper and are likely to be a one-off piece.

There Are Always Unusual Items To Discover

Since pawn shops are open to buying any items that have value, they might have some cool and unique items on sale that you won’t be able to find at any other shop. Whether it is a signed football jersey or a retro pinball machine, there will always be surprises around the corner. These are the types of unusual items that you might find if you enter a pawn shop. Unlike traditional stores, pawn shops don’t know what will be brought in tomorrow or the day after. You can expect the things that they have in stock to change every time you visit!

You Can Buy Used Tools

Maybe you have a small building project or need a one-off tool for a small job. Pawn shops are great places to look as they can save you a lot of money since you won’t be buying the tool brand new. Pawn shops will always check the tool for faults and damages, which means that if you buy something from them, the equipment will work. In most cases, only big and professional brands will be accepted, such as that of Dewalt, Bosch, CAT. This means that you will be able to get quality items at a low price.

It’s A Place For Affordable Electronics

Be it a camera, a game console, a laptop, or a TV, pawn shops will stock these items and more. If you’ve moved into a new home and want a bigger TV for your living room, buying from a pawn shop is a budget-friendly option. Just like other items in the store, only products from major brands like Samsung, Canon, Apple are sold. Most stores have a policy of selling electronics no more than 2 years old, meaning that you may be able to get your hands on the latest tech for significantly less than retail prices. The original chargers and accessories will be included, too! What are you waiting for? Head over to your pawn shop now to find a few items for great value!

Are you looking to sell your spare items? Get in touch with us today! We’re happy to help.
East Village Buyers - 5 Tips For Selling Your Used Computer Monitor
Written by Gabriel S. on Feb. 11th 2019
Nowadays, new models of computer monitors are constantly popping up on the market. With so many options constantly put in front of you, it’s understandable that you would want to upgrade to a new computer monitor. Don’t want to throw your old monitor away? Sell it! This article will give you some helpful tips on how to sell your computer monitor. 

1. Don’t Mention the Original Price
There is no point in mentioning the price that you paid for your computer monitor when you first bought it. You may think that it could raise the value of your item. However, as new models are being released constantly, no one will care what the original price is.

2. Choose the Best Place to Sell
You can sell a computer monitor through various online platforms, such as an online auction. Your monitor will sell fairly quickly if the product is decent enough. If you plan to sell your computer monitor through Facebook or Craigslist, you need to be careful as there are many scammers on those sites. These people are not serious about buying your product and are likely to waste your time. For example, they may agree to buy your product for a certain price, but then try to negotiate again when you’re literally about to hand over the product. To avoid these kinds of people, you can sell your computer monitor to your local pawn shop for a quick and easier sale.

3. Do Local Pickup Only
The downside to selling a product online is that people are often quite hesitant to pay for delivery shipping fees. For this reason, it can take a while before someone is willing to buy your product. You can still sell your computer monitor online, but you should opt to only do local pickup. That being said, do keep in mind that there may be some people who will scam you by not showing up as promised.

4. How to Handle the Hagglers
When you’re selling a product, it’s almost always guaranteed that you will have to deal with a lot of hagglers. However, if you’re well-prepared, you will find it much easier to handle these people. You can set a price slightly higher than the amount that you’re intending to sell so that when people ask for a discount, you can give it to them while still getting the price that you want. If your buyers are settling for the price and not negotiating at all, it means that you’re actually getting more than what you’ve planned! However, if you want to be fair, you can make it seem like you’re giving them a discount. The hagglers will think that they’re getting a decent deal, and they will be quick to buy your product. Either way, it’s a win for you!

Moreover, there will be people who insist that you ship the item when you clearly state on the website that you don’t offer delivery service. The safest thing for you to do is to not sell to these people at all.

5. Wait For the Best Offer
Don’t settle for the first offer that you get. If you’re patient enough to wait, you will get more offers from your local pawn shops so that you can choose the best deal out of all.

Are you looking to sell your spare items? Get in touch with us today! We’re happy to help.
East Village Buyers - 5 Benefits of Getting a Loan from a Pawn Shop
Written by Gabriel S. on Feb. 3rd 2019
When you are in a situation where you need emergency money and payday is an agonizing two weeks away, one of the quickest and easiest solutions is to pawn your jewelry items for a loan. All you have to do is start by digging through your jewelry box and seeing if you can find some items that you can bring with you to a pawn shop. Unlike a formal loan process, pawning is a very quick and simple way to get the money that you desperately need. Here are a number of reasons why you should consider pawning your items for when you’re in need of cash:

1. No Need For Credit Scores
One of the best advantages of getting a loan from a pawn shop is that they don’t care about your credit score. If you have a low credit score, you will find it much harder to get a loan from a bank or a private lender. That is not the case with pawn shops. Regardless of your credit score, you will still get the money, so there is no need for you to be anxious about not getting the money you need just because of your low credit rating.

2. Quick Process
Most types of loans require a long period of time to process, and by the time you get the emergency cash that you need, it will probably be too late. Worse, there will be new bills and expenses that you need to pay during the time that you wait for your loan, and you’re just left being stuck with even more debt. With pawn shops, you can be sure that they will not make you wait as long because they understand the meaning of “emergency cash.” After you hand them your item, you will get your money on the spot.

3. Your Items Won’t Be Lost Forever
When you’re in desperate need of money, you may make an impulse decision to sell some valuable things that you will most likely regret later. The saddest thing is that you can’t ever get them back. When you pawn your items, however, you can get it back when you have enough to pay the shop the amount that you owe. This means that you get the money that you need without having to lose your item forever.

4. Low Interest Rates
Pawn shops usually have relatively low interest rates compared to other types of loans. For example, the interest rates for mortgage loans are pretty high. Not to mention, the process of getting the loan alone involves a ton of paperwork, which is very time-consuming. Even after you’ve gone through the entire process, there is no guarantee that you will get the loan that you’ve requested for.

5. Easy to Locate
Pawn shops are everywhere, and there should be at least one shop that is located near the area that you live. If you don’t already know where your local pawn shop is, do some research online to find the nearest one. You can go in any one of them and still come out with the cash that you need. Moreover, the process will be quick. The pawnbrokers are experienced in evaluating the value of jewelry as they have been doing this for a long time. Therefore, you can trust that your beloved item is in good hands.
Are you looking to sell your spare items? Get in touch with us today! We’re happy to help.
East Village Buyers - Things Pawn Shops Look at When Evaluating Diamonds
Written by Gabriel S. on Jan. 27th 2019
If you’re planning on selling your diamonds to a pawn shop, you may have a lot of questions in mind. One of your biggest questions probably will be: how do pawn shops price diamonds? The simple answer is that diamonds are priced based on their rarity. The size also matters; large diamonds are much rarer than smaller diamonds, which is why they’re worth a lot more.

The fact is that diamonds are much rarer than gold and silver, which puts them pretty high on the price range. To elaborate, the value of a diamond can be evaluated based on what is called the 4 C’s:

Carat: the weight of the diamond
Color: the amount of tan or yellow tones in the diamond
Clarity: the defects in the diamond that make it less clear
Cut: the manufacturing quality of the diamond when it was cut into a shape

Quality diamonds are clear, almost transparent, with no cloudiness, marks, or any defects in them. These diamonds will be priced at a high amount. However, many diamonds have a slight tan or yellow tone to them, and some have inclusions or carbon in them. Inclusions are the white marks inside the diamond, almost as if they are bubbles frozen in an ice cube. Carbon refers to tiny dark flakes or spots in your diamond. Both of these things are what make your diamond less valuable. Pawn shops will take these factors into account when estimating the value on your diamond. Now that you know the basics, let’s get more in-depth to the real question.

How Do Pawn Shop Price Diamonds?
As mentioned, the first thing a pawn shop will do when you bring in your diamond is to determine its value. They will look at the 4 C’s to come up with the estimated price for your diamond.

Aside from their size, diamonds are valued based on their rarity. Because the larger diamonds are rarer, their prices are also much higher. Below are some guidelines for your information:

// Large Diamonds
In general, your diamond could worth between a range of 100 to 600 dollars if the carat weight is more than .25, but this also depends on the color and clarity of your diamond. If your diamond is greater than 1.01 carats, however, then the price significantly increases. In fact, if your diamond is over 3 carats and the color is transparent, it could be worth anywhere between 3,000 to 10,000 dollars per carat weight! One important thing to note is that even if your diamond is the biggest size, but if the color is off or the clarity is poor, the value can easily drop in half.

// Small Diamonds
For diamonds that weigh less than .25 carats, the value is much lower as they are more common. What is important here is whether the stone is full-cut. If your diamond is what is known as a “chip stone,” then the value is negligible. A chip stone is typically collected when a bigger and higher quality diamond is being cut and formed into a piece of jewelry. In other words, a chip stone is merely a leftover of a bigger stone. This kind of diamond has little to no value in the second-hand market.

Why Do Pawn Shops Appraise Diamonds This Way?
Whether you are planning to sell your diamond or get a loan from a pawn shop, they will have to evaluate the value of your diamond based on how much they think they can sell it for. This is very important to them because should you forfeit the loan, they will have to find a buyer to sell your item to in order to recover their losses.

Are you looking to sell your spare items? Get in touch with us today! We’re happy to help.
East Village Buyers - Things You Need to Know Regarding Pawn Shop Loans and Your Credit Score
Written by Gabriel S. on Jan. 20th 2019
If you’ve never been to a pawn shop before, then you might have some questions regarding how pawn loans might affect your credit score. Among one of the most-asked-about questions is: Do pawn shop loans help improve your credit score? The simple answer is no. Need extra clarification? This article will go a little bit deeper into the details.

How Do Pawn Loans Work?
When you are pawning an item for a loan at a pawn shop, you are only opting for a loan. During the process, you will get your merchandised evaluated by the pawnbroker. Then, they will determine the amount that they are willing to loan you and set a deadline for you to pay it back. As the deadline approaches, you may return to the pawn shop to pay back the loan plus some interest and get your item back.

Will Your Credit Score Be Affected?
As mentioned, your credit score will be neither improved nor harmed by a pawn loan. After all, the main purpose of pawn shops is to help people with financial problems. If credit score were a factor in their equation, every pawn shop would be left out of business. 

Why A Pawn Loan Is Considered As a “Secured Loan”?
Another question people might have is why a pawn shop loan is considered as a secured loan. If you happen to not be able to repay your loan on time, your item will be kept by the pawnbroker and they will be free to resell it in order to get their money back from the loan you took. Moreover, a pawn loan is also a no-recourse loan. This means that the pawn shop can’t come after you later to collect your debt. They also can’t sue you. As a result, they don’t have the rights to file any documents with the credit bureaus regarding your defaults on loan.

Why Go For a Pawn Loan?
One thing you need to understand is that not everyone has a good credit score, but that doesn’t make them a bad person. Some people struggle to get loans from banks and other financial institutions because their financial status isn’t sufficient for them to get emergency funds to cover necessary expenses. This, in turn, causes them to lose credit that further prevents the banks from ever helping them in the future. For this reason, pawn shops are very useful for people in these situations, allowing them to access the funds that they desperately need.

Credit scores or bank account histories are meaningless when you are getting a pawn loan. These pawn shops don’t care about your credit history. All they care about is your merchandise, what they can offer, and how much they will get from reselling in the case that you have to forfeit it.

In short, you don’t have to worry about your credit score when you go into a pawn shop for a loan. When you sign the loan agreement, there is absolutely nothing that can hurt your credit score. The process is fairly simple. You just leave your item for the pawn shop to hold on to, and when you can afford it, you can come back and get it. If you can’t afford to pay back the loan by the predetermined date and time, however, the pawn shop gets to keep your item. It’s as simple as that!

Are you looking to sell your spare items? Get in touch with us today! We’re happy to help.
East Village Buyers - 4 Things to Do to Get The Best Price for Your Pawned Items
Written by Gabriel S. on Jan. 14th 2019
The pawn shop is where you’ll want to go if you’re looking for quick cash, seeing as many will take practically anything of value. From your new iPhone, jewelry, and electric guitar, to your collection of antique paintings, if there’s a market for it, the pawn shop will take it. When you take your goods to a pawn shop, you will be presented with two choices: getting a loan for that item or selling it. Most people will opt to get a loan for their goods, as they can place their item for compensation and leave the shop cash in hand. They can get their goods back if they repay the loan in time according to the loan contract. If not, the shop has the right to the goods, and they can legally sell it. 

On the other hand, you can opt to sell your items at a pawn shop and get your money on the same day. You may not be able to sell your goods at the market value, but that’s to be expected. The shop has to make a profit off of their purchase, so they have to buy it at a lower price than the general market.

Regardless of whether you’re looking to buy or sell, you still have to know the common practices that can bump up the price of your goods. That’s what we’re going to discuss today. So without further ado, here’s our quick guide to getting the best price for your items at the pawn shop:

The first thing you will need to do before you even think about making a deal with a pawn shop is to find out the market value of the item you’re pawning. A pawn shop will buy something from you, and they will resell it to a buyer at a higher price. That’s how they make a profit. If you don’t know the resale or the market value, it will leave you susceptible to accepting a deal that’s less than fair. It’s incredibly easy to find out the market price for something nowadays. All you’ve got to do is look it up on Google, and you’ll find it. If it’s a special, unique, or rare item, you may need to get an expert appraisal for it before you try to sell it to make sure that you don’t get played for a fool by the shop.

Some types of goods are always in high demand while others fluctuate regularly. To make sure that you get the most money out of the deal, you have to pawn your item when it’s at its highest demand. For example, if you have a rare stamp collection, going back to the 1910s, you may want to pawn it when the stamp market is peaking. You should do a ton of research about the market of the goods you’re trying to sell if you have time, as that will ensure that you get the best value for your goods.

Most pawn shops will give you a loan for items that are in high demand, as they can sell them very easily. Even if you don’t return the money you borrowed, they are going to make a profit off of your goods anyway.

Each type of items is valued differently. To make sure that you get the best price for your items, you have to know how the pawn shop determines the value of your goods.

Listed below are what most pawn shops use to determine the value of an item:

- The Cosmetic Condition
This refers to the look of the item. If it’s scratched, dusty, and unkempt, the value of the item will go down.

- The Working Condition of the Item
If the item doesn’t work, you’re not going to get a good value for it because the shop will have to fix it themselves, and they have to deduct the repair cost from the value they can offer.

- The Customer’s Pawn History
If you don’t have a good history with the shop, the pawn shop will view any deal they make with you as a risk. They will have to take the risk factor into consideration when determining the value of your items.

Are you looking to sell your spare items? Get in touch with us today! We’re happy to help.
East Village Buyers - Pawn Shop Myths - What's the Truth
Written by Gabriel S. on Jan. 6th 2019
Pawn shops have become increasingly popular in recent times. While many people know the textbook definition of a pawn shop, most have little to no knowledge regarding the actual functionalities, which is why there are so many misconceptions today. In this day and age, pawn shops are extremely useful. They are a community resource that allows people access to necessary cash in a short amount of time. They’re also a place where people can buy gifts, antiques, and other necessities at an affordable price. 

Only People in Financial Crisis Use Them
This is perhaps the biggest misconception about pawn shops. While some people use them as a means to get their hands on some quick cash, many others use it as a means to sell items that they no longer need or wish to carry during relocation. 

All Items are Stolen
No, they are not. If you didn’t know, pawn shops are subject to extensive regulations. They are not allowed to sell stolen goods. In many places, pawn shops require necessary documentation that an owner indeed owns the items that they are handing over. Owners also work closely with local police departments to ensure that any merchandise that might appear to be stolen is returned to the rightful owner of the object.

They are Unregulated
This is not true. Just like any other business, pawn shops are required to follow all regulations set down by the state. The Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) sets down specific regulations that all shops are bound to follow. It is the same for other laws such as the Truth in Lending Act and the Equal Credit Opportunity Act. These laws are specially designed to protect the interests of the sellers and to make sure that each person who is handing over their items to the shop gets the best possible deal for their items.

There is Limited Merchandise 
There are many kinds of pawn shops. While some pawn shops specialize in a certain type of merchandise such as jewelry, others may sell different types of items. A pawn shop will often have many kinds of items such as electronics, collectible coins, sports goods, and more! There are even shops that even take in larger, big-ticket items such as trucks and boats. If you aren’t convinced, make a point of stopping by one and rummaging about the shop’s merchandise. Who knows? The things you discover at the shop may surprise you yet! 

All Products are Rundown Items
Like other shops, you’ll see a wide variety of items for sale at pawn shops. Many people are of the notion that shops only sell items that are not in good condition. While it is true that some people do bring items that are not in good shape, there are, however, people who bring items that they wish to sell after cleaning their house. These items are usually in good shape and have good value too. If a pawn shop takes in an item that is not in a good condition, chances are the brokers see it as an item that can be repaired or restored and still hold a great value.

Are you looking to sell your spare items? Get in touch with us today! We’re happy to help.
East Village Buyers-3 Mistakes You May Be Making While Trying to Pawn Your Valuables
Written by Gabriel S. on Dec. 31st 2018
Pawn shops have taken up an important place in modern society. They can be a source of quick short-term loans during times of emergency. Some people look for high-end goods for rock-bottom prices in pawn shops. However, when you visit a pawn shop, you need to know the things you should and shouldn’t do. Firstly, it is imperative that you stay clean and you present yourself properly. You should not shout at the pawnbroker while they are providing you with a loan. It is quite easy to get the job done in most pawn shops. Most pawn shops would be happy to help you out with whatever you may require, be it a short-term loan or finding something that you are looking for. However, there are some mistakes that a lot of pawn shop customers make. These are some of the mistakes that one must avoid:

Negotiating too much
Making mistake at a pawn shop can be very costly. Therefore, you need to avoid making one in the first place. A lot of people walk into a pawn shop thinking they can negotiate easily. Often a part of it is because of the TV shows that show how much they can negotiate. Another part of this is because the reputation of pawn shops make people think that they can go far to work out a deal.

Assuming that you will score market price
Before taking a gold loan or before buying gold, one should know how the gold market works. Knowing the approximate amount you will be getting will help you figure out whether or not you are being offered a fair price.

Whatever the case may be, it is unwise to go into a pawn shop and say what you know right into the owner’s face. Chances are you will be laughed at and asked to leave the store immediately. 

There is a certain amount at which pawn shops are comfortable in buying gold. They also have a different selling amount. The amount is determined by the gold market and is something that they cannot control. So if you want to sell something at an outrageous price, the pawn shop may not purchase it at all. The reason is simply that you are not offering a price that is reasonable compared to the present gold market. The same problem happens when you want to buy gold at a price so low that the pawnbroker will not even take you as a serious customer. He or she will directly reject you without any considerations.

Don’t try to act smart
Pawn shops are based on buying and selling. They buy things at low prices which they think they can sell in the future at a higher price. So if you think that you can negotiate and sell something at a significantly higher rate, you will be disappointed. The pawnbroker can move slightly higher than the initial offer, but there may not be any significant difference. They are well aware of prices and deal with products similar to that of yours every day.

There is no point in impressing them with features. In fact, you may end up annoying them and making them stick to a lower price. The issue is the same when buying something at a lower price. What you really need to do is to make a reasonable offer that will allow further negotiation.
Are you looking to sell you spare items? Get in touch with us today! We’re happy to help.
East Village Buyers- Three Ways to Increase the Value of Your Gold Jewelry at a Pawnshop
Written by Gabriel S. on Dec. 22nd 2018
Gold is, and always has been, the most sought-after valuable metal in the world. Nowadays, gold is incredibly easy to sell, as just about any pawn shop out there is willing to buy gold jewelry without asking twice. They have a high market value, are easy to clean, and are very flexible to work with. A high purity gold can even be melted down to make other pieces of jewelry.

When you’re looking to pawn gold, there are little intricacies that you have to know to make sure you get the highest price for it. First of all, you need to know the general market price so that you know what to expect from the pawn shop. You don’t want to run the risk of selling your gold under the market value. If this is the case, you will lose some of the money that you should have gotten. 

If you have all of these early precautions checked out, you can safely sell your gold piece, but that still doesn’t mean that you will get the best price for it. We have come up with a three-step guide to cleaning your gold piece to guarantee the best value:

1. Clean Around The Karat Marking
The karat value tells you a lot about the quality of the gold, so you want to make sure that the karat marking is clean so that the pawnshop can really see what it’s worth. If the employee can’t find the karat marking, they may assume a lower karat value than it actually is. Try using lotion or mild soap and rub it gently with a piece of cloth to make sure that it’s visible. When you’re pawning the jewelry, make sure you point the karat marking out for them so that they know exactly where to look.

2. Clean Around Any Stones
If you have any precious stone attached to the piece of gold, make sure you clean it to show the natural state of the stone. It’s a common standard for you to clean your items before you pawn them, as the pawnshop will have to account for the time they have to spend cleaning the item. This is especially important for jewelry, as you will lose a lot of money if you don’t make sure you clean it before you pawn.

3. Bring Any Documentation You Have With You
Aside from making sure your gold jewelry is bright and squeaky clean, you want to make sure that you have all the documents and detailed history of it; where it’s been, who owned it, and where it came from. It’s illegal for pawnshops to buy contraband goods, and they will do all they can to protect themselves. Even in a rare case that they are willing to take the risk, they will drop the price down massively, as they can’t be sure that your gold piece is legal.

And there you have it, the three ways to increase the pawn value of your gold. How the price is going to turn out will depend on your negotiation skills and the actual value of your piece of gold. Who knows? You might be able to walk away from the shop with a few hundred dollars more than you expected!
East Village Buyers-How to Get a Better Price for Your Items at a Pawn Shop
Written by Gabriel S. on Dec. 15th 2018
Whether you’re looking to clear your basement of useless junk or you’re just a little short on money, pawning your things might be the solution you’re looking for. To ensure that you get the best price for what you’re trying to sell, here is our guide on how to pawn like a pro:

What To Pawn
Antiquities, first-edition books, and memorabilia from famous people are the most sought-after items that can fetch a decent price. These things sell incredibly smoothly, and pawn shops will often offer a high price for them as long as they are in good quality.

Clean Your Items Before Pawning Them
If you’re looking to pawn your things, make sure you clean and fix them first! Pawning a dusty item with a couple screws loose here and there will likely drop the value of the item quite significantly. This problem can be avoided quite simply by cleaning and fixing the item beforehand. This is particularly important when you’re looking to sell a piece of jewelry. Nothing can be quite as detrimental to the pricing of your items as a smear of dirt that could have been wiped off before you walked into the shop.

Provide Evidence of Authenticity
You have to make sure you have all the documents and evidence of authenticity for your items — especially if it’s an antique. The pawn shop has to take on a lot of risk if they don’t know the origin and authenticity of your item, which will make them hesitant to pay big money for it.

Go to the Shop Early
It’s better to go to a pawn shop in the morning than later in the day, as when the shop is crowded, the staff won’t have enough time to negotiate the price. They are trained to offer a lower price, and that’s what they will do. You might have to spend more time and effort negotiating with them, which can be quite frustrating. Rather than catching them when they haven’t got the time to negotiate, try to go when the shop is empty, as that’s when the staff will be in the best mood to talk with you.

Additionally, the last 30 minutes of opening time of a pawn shop is when they finalize their finances for the day. They won’t have a lot of time to negotiate the prices, so they might rush you to take a worse offer than you could get if you had caught them at a better time.

Identify Yourself
You have to have your ID, driver’s license, or a passport with you when you go to a pawn shop. These documents are required when you’re pawning things so that they have a record of who to contact and hold accountable in case of stolen goods. The shops are required by law to keep a record of every transaction, and without proper evidence of identity, they cannot legally buy things from you.

TL: DR : 3 Rules of Pawning
Clean your items and provide a document of authenticity.
Pawn when the shop is empty.
Come with an ID.

Are you looking to pawn your spare items? Get in touch with East Village Buyers! We provide a fair value along with quick & easy money - come to visit today!
How to Prepare to Pawn Your Designer Handbags
Written by Gabriel S. on Dec. 8th 2018
How to Prepare to Pawn Your Designer Handbags

If you’re in need of some quick cash and have some high-end, quality handbags that you aren’t using anymore, you may be in luck. You can pawn or sell designer handbags for quite a decent amount of money. Here’s what you’ll need to know:


Remove all your items out of the used bag, and clean it as well as you can. Look for all of your authentication records as well as receipts and paperwork.


Make sure to wipe away any dirt or scuffs from the outside of the handbag. Designer handbags need to be particularly handled with care as the leather or suede can be damaged by strong solutions that are not meant for those materials. 

Also make sure to clean the inside if you bag as well as possible, including inside the pockets and all the zippers. Try to remove all makeup marks, crumbs, pen marks, and any stains other stains and buildup that might have occurred during the bags usage.

Proof of Authenticity

When you first bought your handbag, you should have also received some paperwork, card or some sort of certificate of authenticity. Be sure to bring this with you to the pawn shop to prove authenticity. 

If you truly cannot find your documents, look for the receipt. It may or may not work, but it is the next best thing. Not having your authenticity records will mean that the buyer will need to more carefully inspect your designer handbag, which may take a lot more time. If you can find proof, it will save you time and may even possibly earn you more money.

Where to Sell

People resell designer handbags online, at retail reseller stores and on many other platforms and services. If you want fast cash as soon as possible, head down to your local pawn shop and increase the likelihood of earning more money by preparing your designer bag for selling.

Are you looking to pawn your handbags? Get in touch with East Village Buyers! We provide a fair value along with quick & easy money - come to visit today!
How to Get the Best Price for Your Phone at a Pawn Shop
Written by Gabriel S. on Dec. 1st 2018
New phones come out every year. If you’re saving up for a new one this year, it might be time you pawn your old ones away. In this article, we’ll detail exactly how a pawnbroker determines and evaluates the price, along with what you can do to increase the final price.

1) Determine the Model
First off, the pawnshop broker will evaluate the model and the production year of the iPhone you’re pawning. Some phone models are highly sought after, as they might be a staple model of a specific brand, or it might be known in the industry as “the best one of the xxx era”. Some pawn shops are more willing to buy older phone models than others, as they might have a better sales connection for them. Typically though, if your phone is any older than 2 years, it’s going to be very hard to sell. As a general rule, the newer the phone, the easier to sell.

2) The Condition of the Phone
Another major factor that will affect the sale price is the condition of the phone and its repair history. If the screen is broken and the battery has been replaced a few times, it’s safe to say that it’s not going to sell for a very good price. If you can do any minor fixes to your phone before you sell it, we recommend that you do it.

3) “Locked In” Carrier
Some carriers will lock the phone to their service, meaning that either you have it unlocked, or it can’t be used with a sim card of another carrier. This will have a detrimental effect on the final price of the phone, so be mindful of that.

4) The ESN/MEID/IMEI checks
The 3 things that every pawn shop will check for is if the phone has ever been stolen, if the previous owner’s carrier account is still active, and if they owe any money to the carrier. If your phone passes these three checks, the phone will be much easier to sell.

5) The Completeness of The Phone
The price of your phone will go up significantly if you have all the paperwork, the box in mint condition, and other accessories that come with the phone. You can sell your phone without these, but the price will be lower.

6) iCloud Lock
If your phone is iCloud-locked and you don’t have access to the credentials to unlock it, the value of your phone will drop massively, as the pawn shop will have to get it unlocked before they can sell it. Often times, this isn’t worth the effort for them and they will simply reject your offer.

Finally, a Quote!
Once everything checks out, the pawn shop will tell you what they can offer for your phone. Remember to do a little negotiation so that you get the most out of your product. And when the price is finalized, you can walk away happily with cash in hand!
How to Successfully Pawn a Diamond
Written by Gabriel S. on Nov. 25th 2018
Diamonds are truly loved among many, but some will only see them as a price tag. If you’ve done your homework, you can get quite a pretty penny from diamonds at the pawn shop. Here are some tips on how to earn the best money when pawning diamonds:


Do your research. It is very important that you know the processes that go into pawning an item as well as what the differences are and how the staff at pawn shops price various things. It is quite crucial to know how much diamonds are currently worth in terms of price and demand. A good way to research prices is to go to eBay or any other website to see how much people are bidding on items similar to yours. This will give you a ballpark of the costs and what you should expect from the pawn shop.


If you are selling because you need the cash, consider how much money you need currently and use that to determine what price you want and what you need to pawn to get that money. You should have a good idea of how much money you currently need and use that to decide how many of your assets you want to save and how many you need to sell now. You can save whatever diamonds you have left for future rebuttle.

Pawn Shops

You should know a little bit about the pawn shops in your area, and if you don’t you need to do your research. Not all pawn shops will except diamonds or jewelry so find out whether or not the ones that happen to be close to you do accept them. Also, make sure to call in and ask about their pricing methods because some shops will not price you correctly and it is important that you make sure they do. Try to read reviews from previous customers online to get a little bit of a better idea of what their services and options are. Make sure their customer service is professional because they will be the ones helping you through the process.


Once you’ve researched your diamond or other items as well as the pawn shop you want to go to, you are set to negotiate the right price for your items. You should try to seem confident when trying to sell your product and you should try to think of a strong pitch before going in. Speak to the pawnshop owner about the demand and resale value of your item as that is the main concern that they would have while buying it from you.

Looking to get rid of a diamond? Get in touch to see how we can help today!

What to Know About Selling Rare Coins At A Pawn Shop
Written by Gabriel S. on Nov. 17th 2018

If you’re looking to sell rare coins, most pawn shops are not only happy to buy them or loan on rare coins but will also give you a great value. Pawn shops do a lot of business with precious metals and will check the scrap value of metals daily so that they can quickly and correctly identify value and price from the start. 

There should be a guide for especially valuable coins as well and the best advantage to dealing with a pawn shop when it comes to coins is that they recognize this and will accept giving out loans for these valuable coins. Sometime a coin is valuable because of an industrial mistake or special minting or if few of those coins have been made. Pawn shops are well aware of these values and will be happy to help out with any inquiries of these types of coins.

Do Some Research
It’s important that you try to contact your local pawn shop and make sure you have what they’re looking for before taking your coins or collection in. Not every pawn shop wants to invest in coins. This is also to make sure that a pawn shop has people that specialize in coins in order to avoid misunderstandings of the price guide and it’s also just better to have someone who is familiar with the market helping you out as opposed to just some random staff. Even if they have to call an expert, it’s worth your time and money because not all pawn shops specialize in coins.

Some great deals can be made on coins, both buying, and selling, in a pawn shop. If you know what you’re looking for or have a good idea of what the value is of what you’re selling, then it is definitely recommended to call your pawn shop and see if they are interested in what you have to sell.

Before selling your rare coins, know the ins and outs of what pawn shops and collectors are looking for. You want your collection to look impressive. But some pawn shops don’t like clean coins, so do not clean them, but make sure to take care of your coins and protect them from scuffs. Maybe even go and get them graded to further help the broker come up with the best price possible.

How to Pawn Your Rare Coins for The Most Money
Written by Gabriel S. on Nov. 11th 2018
How to Pawn or Sell Your Rare Coins for Top Dollar

While you might just have a jar of old coins up in a shelf in your basement, you might not know that it’s actually a pot of gold.

If you’re not looking to start a collection out of these valuable coins, it might be better for you to just sell it. The best place to sell your rare coins is, of course, at a pawn shop. Rare and antique coins are actually one of the most commonly pawned items, and for good reason. There are a lot of demands and serious collectors are willing to pay big money for them.

American coins are made of different materials. The typical coins like quarters, nickels and pennies, are made of copper and nickel; materials which have low intrinsic values by themselves. However, some rare coin series or bullion coins are made of gold, silver palladium, or platinum. This fact alone makes some coin models more valuable than others. For example, the American Gold Coins and the U.S. Mint issued Commemorative Gold Coin have very high market value, especially if they are kept at mint condition.

If you’re looking to sell your coin collections or just have some coins in your home that you think might be of any value, it’s always a good idea to have them checked out. We understand that not everybody knows a lot about coins, and they can look unassuming. The most expensive coin in the world is still just a coin in most people’s eyes, so we suggest you work with a professional value assessor to know the true values.

What do I do if I want to sell my coins?

Call the pawn shop first
Some pawn shows are more interested in coins than the others. If you try to push one that’s not that into coins, they might actually lower your sale price. So make sure you’re selling it to someone who will give you the highest value possible.

Know your coins value
As we said, you need to check for the market value of your rare coin at the current condition first. Do some research and work with a professional collector before you talk to the pawn shop. This will ensure that you’re not being swindled into selling a pricey coin for cheap.

Do not try to clean your coins
Some collectors prefer the aged appearance of an old coin, while others like them shiny and squeaky clean. Before you sell your coin, don’t try to clean it, as you don’t know who the buyer is going to be. Plus, if you’re not used to the process of cleaning old coins, you might end up damaging it, which will lower its value by a lot.

Now that you know what to do with your potential rare coins, it’s time for you to start doing some digging. Follow our quick guide to get the highest value possible for your coins.

How to get a pawn loan for fast cash 
Written by Gabriel S. on Oct. 19th 2018
Pawn Loans for Fast Cash

Valuable possessions can often be exchanged to acquire a pawn loan.
While pawn shops are a great place to sell your items for cash, they can also be a good way to get some quick extra cash through a loan. All you need is something valuable — such as a laptop or piece of jewelry — that can be used as collateral.

Although pawn loans can be quite costly, an upside is that they often don’t require a credit or background check.

What is a Pawn Loan Anyways?

A pawn loan is when you exchange something valuable as collateral to borrow money in return. Typically, loans will be in small amounts, such as $150 or less but the borrower must return the principal plus interest, which can be as low as 10% or even higher than 200%, depending on the location and each individual shop.

Your items will be safe while your loan is still active, but if you fail to repay the money in time, your items may be kept or sold. As for all loans, it is crucial that you know the due date and amount needed in total. As long as you’re able to repay the money in time for the due date, a pawn loan could be a quick way to get cash without worrying about messing up your credit.

Steps to Getting a Pawn Loan

Step 1: Pick and Take an Item to a Pawn Shop as Collateral
If you have something that’s worth a few hundred dollars, it is likely that a pawn shop will consider it. Ask for a quote and consider the amount the shop offers. The loan will be for a percentage of your item’s value, generally around 25% to 60% of resale value for it. It’s always a good idea to get many quotes from different places so you can consider and make a choice on the best price.

Step 2: Loan Terms and Ticket
Familiarize yourself with the loan terms. Terms can vary between 30 days to a few months and interest rates on your load will depend on state laws. Make sure to acknowledge these terms before agreeing and accepting your cash. You should receive a pawn ticket that will be needed to collect your items upon repayment which should also include any fees, the loan term, grace period and important dates. This ticket is very important so it is recommended to take a picture of it in case it is lost.

Step 3: Due Date
Once the due date finally comes around and you’ve successfully paid back your loan, you will get your item back. However, if there is an issue and you can’t repay it or have misplaced your ticket, the pawn shop is permitted to sell your item to collect on the loan you failed to pay.
What Can Be Pawned? 
Common items people pawn include: Jewelry, musical instruments, photography equipment, firearms, current electronics, and tools.

How Pawns Loans Differ from Payday Loans

Pros of Pawn Loans

They’re quicker. You don’t have to go through a lengthy process to get a pawn loan. Simply bring in your item and ask for a loan.
No credit checks. Since your item will be used as collateral for your loan, you will not be screened for credit.
In the case that you cannot pay back your loan in full, you can always surrender your item as repayment without leftover debt or any effect to your credit score.

The Cash for Gold System

It’s very likely that everyone has heard of Cash for Gold at least once, whether it be through adverts online or on TV. It is advertised everywhere on the internet and outside of the shops on the street as well. The Cash for Gold process is rather simple, but people should still be aware of the potential risks of selling your unwanted or overused jewelry.

The Cash for Gold Process

Step 1: Gather up old jewelry that you want to sell. Any rings, necklaces, bracelets and een broken pieces. Some non-jewelry items may also be accepted such as tooth fillings or old coins.
Step 2: Research the current market value prices. Gold and silver prices fluctuate daily, so you’ll need to keep yourself updated on the market and prices before you visit your local pawn shop to make sure you’re getting the most out of your items.
Step 3: Have your items assessed. If you have unbroken pieces or a nice set containing other valuable materials, such as pearls, gems or opals, visiting a jeweler and having them estimate how much your piece should go for may be worth your while in the long run. This way, you will be more well-informed and will have an expected price range to spot out low-ballers or cheaper prices.
Step 4: Now it’s time to visit a pawn shop in person or even seek out buyers online. However your options aren’t limited to these. Often times, payday loan and check-cashing services will offer cash for gold. Make sure to do your research before agreeing to sell anything.
Step 5: You finally got an offer! This price offer will be based on the bullion value and karat of your gold/silver. You may either accept the offer right away or ask for time to consider the amount. You can and should visit multiple pawn shops to compare offers for the best value.
Step 6: Once you find the offer you’re happiest with, it’s time to accept and agree to the quote. You can often get paid the same day and, depending on what you sell, you could be walking out of the pawn shop with a hefty amount in your wallet. 

East Village is a pawn shop in East Village, Manhattan that helps you get money fast - come visit us today!
The Benefits of Pawn Shops in Local Communities
Written by Gabriel S. on Oct. 29th 2018
Pawn shops have been around for hundreds of years, and there are no signs of that ceasing any time soon. The need for a cash loan is a popular motivation for people to head to their local pawn shop. Although these shops are often viewed as places where shady people go, the fact of the matter is there are quite a few reasons why people choose to get cash loans from pawn shops rather than other conventional places such as banks.

If you’ve never been to a pawn shop, chances are everything you know about it and assumed about it is an amalgamation of things you’ve seen on TV shows. You may think that it’s the place to go when you’ve got a few antiques you want to get rid of or grab that dusty old watch that turns out to be a collectible for an incredible price. However, pawn shops have their part in the community and there are certainly times when people find themselves relying on them to meet their financial obligations.

Those who enjoy middle-class lives often have access to things that people with lower incomes do not. Take, for instance, a checking account. Just about everyone has a checking account nowadays, but there are certainly people in the lower rung of the income ladder that do not. If you don’t have a checking account, there’s no chance of getting a loan or a cash advance from a bank. However, there are always times when you need some extra cash to meet your needs. These are times when people seek out a pawn shop. Here’s why:

You don’t need a bank account
At a pawn shop, you only need something of value that the pawn shop accepts. Jewelry is a common choice, and many people bring gold necklaces or rings to offer as collateral. Metropolitan Pawnbrokers, a prominent pawn shop based in New York, is known for taking gold jewelry as collateral for offering cash loans to people who do not hold bank accounts.

It isn’t just those without checking accounts who benefit from getting cash loans from pawn shops. People with poor credit scores benefit as well. Most financial institutions that offer loans evaluate candidacy based on credit scores. A low rating may mean that you wouldn’t get approved, and even if you do, you’ll probably have to cope with a high rate of interest.

An increasing number of families and individuals are turning to pawn shops as a way of getting fast cash to handle unforeseen financial obligations. The borrowing process is a lot simpler than that of most lending institutions. This makes pawn shops the prime choice of many looking to secure small, short-term loans. Even so, quite a few people are unsure of what pawn shops really do.

You just need to offer something of value as collateral
Although quite a few pawn shops do sell items, their primary business is lending. All you have to do is come in with something of value and have the value assessed by the broker. A price is then proposed, which the client can either accept or negotiate. When a dollar amount is settled upon, the broker takes the item and gives the client their cash loan. The broker is responsible for storing the item until the loan is returned along with any fees and interest accrued. 

One thing that many people misunderstand about pawn shops is that they lend money in exchange for the item, not purchase it. This means that they do not only take into consideration the value of the item but the cost of keeping it safely stored. Of course, resale value has to be considered in the case the loan is not repaid. Pawnshops are often able to offer a lot more for direct-purchase items than they would for other items because they know that if the loan falls through, they’ll be able to resell the item with ease.

Pawn shops have a place in every community. In situations when people are hard-pressed for money, be it for medical care or education, pawn shops are always there to make sure you have the cash that you need. 
How it's Beneficial to Sell Your Gold to a Pawn Shop
Written by Gabriel S. on Nov. 4th 2018
Regardless of if you’re in need of some cash or are just looking to get rid of some old antiques lying around the house, a pawn shop may be just what you need. Although pawn shops are often depicted as shady places frequented by shady people, they actually play quite an important role in the community. 

One of the most popular things traded in pawn shops is gold. Sometimes it’s in the form of nuggets and sometimes it’s in the form of a necklace. Whatever it is, read on to learn how you can sell gold to a pawn shop. It’s a little more complex than just going in and leaving in a couple of minutes with cash. If you want to get the best deal, you also need to compare offers and figure out what your gold is worth. Here’s what you need to know:

How is the value of the gold determined?
Gold is a very liquid commodity. This is because it is traded around the clock all around the world. It is usually priced by ounces and the value is always fluctuating. That means that the price you may get for buying and selling gold will change from day-to-day. 

Quite a few things factor into the value of gold. Major events and even speculation about them can play a part. Economic data, inflation, buying power, other currencies, and much more is considered as well. Pawnbrokers take into consideration the current buying and selling rate of gold. However, they usually try to offer you a lower price so that they can resell it for a profit. 

Should I sell my gold to a pawnbroker or a different buyer?
Gold can be sold at quite a number of places from pawn shops, to jewelers and independent buyers. All of these places take into consideration the value of gold determined by the open market. This means that you will probably get a similar offer from all of these places. 

The current value of gold is easy to access because it is public information so it’s always worth looking up before selling so you have realistic expectations. You just need to know the weight of your gold and the current value per ounce. Then, you can calculate the rough value of your gold. 

That being said, weight isn’t the only thing you have to consider when trying to sell your gold. You have to think about how pure it is. A 24-karat gold necklace is most definitely going to be more valuable compared to a 10-karat one, even if they have the same weight. Take the percentage of purity into consideration when estimating the value of your gold.

How do I get the best price?
As the seller, you obviously want to get the best price that you can. In order to get the best deal, be sure to shop around and get some offers from different places. You can do that by visiting each shop or by requesting offers online. This will allow you to see which buyer is giving you the best deal.
How to resell your Sneakers for Maximum Value
Written by Gabriel S. on Jul. 31st 2018
The community of sneakerheads is growing every day, and demand for pairs that are hard to find is growing. If you’ve got a couple pairs that you neither want to wear nor keep in your collection, you could make quite a fair amount reselling them. You may find it a good side hustle, or maybe even your main source of income! If you’d like to give it a shot, read on for some tips to maximize resale value of your shoes.

Understand what you’re selling
Before you can even set a price for your merchandise, you need to understand what you are trying to sell. Is it particularly difficult to find? Are there only a few pairs in the world? What colors are available? What size are they? Who designed them? These are all things that will impact the value of the shoe.

Understand sneaker resale value
The simple economical concept of supply and demand controls the value of your shoe. If there isn’t much demand, the resale value will be pretty low. If your sneakers are particularly hard to find and people are dying to get their hands on it, demand is high and thus resale price will be, too. Make sure you ensure you don’t overvalue or undervalue your shoes by studying the market.

Make sure your shoes are clean
People are concerned about the cleanliness of used shoes. It can significantly impact their market value. A dirty, scuffed up pair won’t be nearly as attractive as a clean one that looks like new. Give your shoes some loving and clean them up. Some materials may require different types of cleaning, so make sure you do some research on the best way to clean them.

Take beautiful pictures
People are highly influenced by what they see. If your pictures are of poor quality, people won’t be as likely to purchase your shoe. Take high quality pictures at different angles - the shoes from the top, sides, and bottom angles, and even the box and tags. Describe it well and point out any scuffs or defects. Keep it as professional as possible - don’t post a shot of them on your feet or holding it up in your hands. These small things could get you a higher resale price.

Wait for the right time
If you’ve gotten your hands on a newly-released pair, wait a bit before reselling them. There are lots of people you will be competing with. Instead, give it some time. After all the shoes of the same size are sold out on other resale sites, start to promote yours. You are more likely to get a higher resale price than you would have earlier. Popular shoes are definitely great for resale, but even if you haven’t got any, normal sneakers can earn you quite a bit as well.

Get passionate
Great salespeople are those who are passionate about what they are selling. To get the most out of your sneakers, you need to get involved. Follow other people who are passionate about sneakers and stay on top of trends. Upload photos, OOTDs, and other things about your own sneakers so people know that you’re passionate. You want to build a reputation of a sneakerhead, not some reseller that only cares about profit. People are much more willing to trust those that are passionate about the same things they are - in this case, sneakers.

3 Classic Sneakers That Everyone Should Have in Your Collection
Written by Gabriel S. on Aug. 5th 2018
In this day and age, the excitement and hype of a particular shoe can make it worth a lot more than the style, material, and other things about it. Sneaker enthusiasts have changed a lot since the first sneakerhead movement. Years ago, before we were all hyped for the new YEEZY, there were just a couple classics that were the cornerstones of a sneaker collection.

As you learn more about the history of sneakers and of each classic design, you will find yourself with a heightened admiration and respect for the progression of sneaker culture and those who enthuse in it.

If you want to start building your own sneaker collection, here are a few classics that you should definitely include:

Adidas Originals - Stan Smith
Anyone would recognize this shoe. It has an iconic design - white leather uppers, rubber insole, and green Adidas tab. Though many recognize it as the 1971 Stan Smith, it was actually originally released in 1963 in honor of Robert Haillet, a French tennis player. Later on, it was popularized when it was rebranded as the Stan Smith.

This sneaker is extremely popular, sported by people from David Beckham to the girl down the block. In 1998, the Stan Smith earned a place in the Guinness Book of World Records after 22 million pairs were sold. By 2016, the number had rocketed to 50 million. 

Though the history of this sneaker is fascinating, you don’t need to know all of the details to appreciate it. It can be appreciated simply as a beautiful sneaker that can be paired with a myriad of outfits. Trendsetters and anyone in the general public can agree that the shoe is a real classic. If you are worried about not being able to style sneakers, fear not - this one goes with everything.

Nike Air Max 1
The Nike Air Max 1 was introduced over 30 years ago. Tinker Hatfield, the designer, drew inspiration from the Centres George Pompidou in Paris. This complex building takes elements that are usually on the inside of a building and puts them outside. In the same way, Hatfield made the Air Max cushioning a major visual element. This element stayed constant in all the other Air Max renditions that came later.

Besides looking dope, the Air Max is also incredibly comfortable. The red-and-white classic is sure to draw eyes. This sneaker played a major part in bringing Nike to where it is today and making it one of the most recognized shoe brands in the world. 

Nike Flyknit Racer
Flyknit technology took more than ten years to develop, but finally in 2012, the Flyknit Racer was released. There were several other editions of the Flyknit released later on, but the Racer is still probably the most well-known. In the same year as it was released, the shoe was listed by the Time magazine as one of the best inventions in the world, along with inventions such as Google Glass.

This sneaker is available in a variety of colors, from “Oreo” to “Multicolor.” Beyond the aesthetic quality, however, the Flyknit is well-loved for its performance qualities. One of the reasons it was developed in the beginning was because many runners longed for a shoe that was like a sock - something they could run in to great effect without being distracted. The Racer met those needs perfectly. Trendsetters and Olympians alike can agree on one thing - Flyknit technology is truly something incredible.
How to Organize Your Sneakers
Written by Gabriel S. on Aug. 14th 2018
You may have had a pair or two of rare sneakers and think you’ve got your hobby under control. Before you know it, you’ve got a sneaker display case, special cleaners, and an area of your room dedicated to this very purpose. Your case is full and you’ve still got unopened boxes underneath your bed with shoes that you’re just itching to put on display. 

Between your mom’s scoldings that you really shouldn’t have bought so many and your non-sneakerhead best friend’s suggestion to throw some away, you may be wondering if you should get rid of just a few. Why throw out pieces of your prized collection when you could simply organize it? 

If you’re looking for a better way to keep track of your sneaker collection, you’ve come to the right place. Here are some tips on organizing them:

1 - Do what works for you
Getting your hands on a pair of retro Air Jordans is the easy part. It takes a lot more time to figure out how to keep track of all of them. There won’t be one method that works for everyone. Some people choose to wear their sneakers, while some choose to keep them safe and sound in their cases. Some have to make their collections fit in small apartments, while others have a designated sneaker room in their house. Rather than follow a method that won’t work for you, find one that suits your needs in terms of both usage and space.

2 - Categorize
Don’t bother putting the dirty generic pair of Converse you wear every day up on the shelf. It will always look worn, dirty, and stained next to your prized rare finds. Separate your everyday shoes from the ones that hold a special place in your heart. Give them both their own homes.

3 - Try vertical storage
You don’t want your prized shoes to be lost somewhere in a messy sneaker pile, do you? Give vertical storage a try. Not only will this save you floor space, but you’ll be able to admire them more easily, too. If you’re clenching your teeth at how much you think it’ll cost, at least do some research and look at your options - it probably doesn’t cost as much as you think it does.

4 - Use lasting containers
You may love it when a pair of sneakers arrives in a well-worn box, particularly if it houses a vintage pair that you have been looking for. If you really want them to last, however, take them out of those boxes and put them in storage containers. These will ensure that they are protected from dust, moisture, or any other number of things that they are vulnerable to in a normal box.

5 - Pick up some Zip-Loc
You may not like the idea of putting your favorite pair into a Zip-Loc bag like leftover Thanksgiving turkey. If you want to slow down the yellowing of the soles, however, you may want to give it a try. The oxygen in the air oxidizes the material, making them dingy over time. You can slow this down by keeping the air out. 

That being said, it isn’t good to permanently store them in plastic bags, either. Open them up and allow them to air out every few months so that the chemicals in the plastic don’t damage the shoe.

Though this method may result in a less aesthetic sneaker display, it’s a great way to increase the lifespan of your shoe and keep it in good quality. If you’re looking to keep a pair until it becomes a collector’s item, it really can’t hurt.
5 Things A Non-Sneakerhead Would Not Understand
Written by Gabriel S. on Aug. 21st 2018
Stamps are great and all, but they’re not as swanky as sneakers. You can’t match collecting cards to your outfit, either. No matter how cool sneaker collecting is, however, a lot of people still misunderstand sneakerheads, thinking that they simply have a very expensive, unhealthy obsession. To make things easier for those of us who are still adamantly going to love showcasing our favorite sneakers, here’s a list of things that non-sneakerheads don’t understand. Go ahead and send it to your closest non-sneakerhead friend!

We have a lot (A LOT) of sneakers
Most sneakerheads don’t just have three or four pairs of sneakers. It’s more common to have tens, hundreds, even thousands. Most people don’t understand this. You’ve only got two feet. How many shoes do you really need? Not to mention the space that you’ll need to store them. Well see, a lot of sneakerheads have entire rooms or areas dedicated to their collection. If they aren’t quite there yet, it’s probably a future goal. 

We’re willing to rough it to get our hands on a pair of sneakers
Ever seen those people camping out on the sidewalk to get their hands on the new iPhone? Yeah, we wouldn’t do that for a phone. But we’d do it for sneakers. Sometimes it isn’t just a night, either. It could be several days. All we need is a sleeping bag and some snacks. The reward of a special pair of shoes is worth it to us.

We sometimes name our shoes
Some people name their cars. Some name their guitars. Us? We name our shoes. It may be a perfectly non-cringey name, or it may be an extraordinarily nerdy one that would be painful to explain. We know the exact model and the exact year that shoe was released, of course, but we’re still going to address each pair endearingly because God knows how much effort we went through to get them.

We’re willing to drop ridiculous amounts of money on an old pair
A $4 boba tea may seem expensive to a sneakerhead, but a $1000 vintage Air Jordan may seem like an absolute steal. Honestly, we probably aren’t going to wear them. Why would we want to get them cracked or dirty? No, no. These are for showcasing. You may think it’s crazy, and trust us, sometimes we think so too. That’s not going to stop us from frequently checking the resellers, though.

We don’t mind wearing sneakers to literally any event
Yes, that includes our wedding. Mom may be slightly irate about it, but it isn’t her life. Consider yourself lucky if you’re getting hitched with someone who loves and even appreciates your secrets, quirks, and most of all, your sneaker obsession. Let’s be real - who’s even going to remember you wore sneakers on your big night? It’s your night - you do you.
6 Things To Think About Before Purchasing Your Next Pair of Basketball Sneakers
Written by Gabriel S. on Aug. 28th 2018
Picking out a new pair of basketball shoes is progressively becoming more complicated. Technology in the industry is more advanced than ever, and shoe manufacturers are continuously releasing new models. Having to consider so many factors and look at all your options can result in a pretty confusing experience. This guide will simplify your shoe shopping experience so that you can filter through all the pairs you don’t need and zone in on that one perfect pair.

When it comes to functionality, style is the last thing you should think about. However, the fact is this is going to be one of the major deciding factors for you. That also means that if you choose based on this factor and this factor only, you may very well end up with an ill-fitting pair that will look incredible but won’t help your game. Consider style, but don’t let the bright advertisements, endorsements, and incredible look be the only reason you buy the shoe.

This is definitely an important one. You want a shoe that lasts, not something that wears out within a few wears. The era of the lightweight shoe is here, and it is because of this reason that you may find it a little hard to find something sturdy and durable. However, it’s possible, and the following factor will help you determine whether a shoe will last or not.

The biggest thing that impacts a shoe’s durability is its materials. A plastic-based synthetic will probably last a lot longer and take a lot more damage, but raw materials will give you that comfortable, luxe feeling. There are lots of material options out there, so the choice is yours.

The fit of the shoe is another major consideration. The more recent sneakers are often made to be narrow, which can work for someone with average or narrow feet, but won’t be comfortable for anyone with wider feet. This is where those plastic-based synthetics can become a world of hurt. Sometimes you can solve the problem by just going up a size, but that may affect the rest of your fit. If you’ve got wider feet, you may want to opt for a raw material, as it will have more give in the sides and stretch to fit your feet in time.

It isn’t that difficult to find a sneaker that will help you get some traction, but a sneaker that will let you play on a range of different surfaces may be more challenging. Many performance models were built with formal basketball courts in mind, but back in the day, basketball shoes were made to work in a bunch of different places. Take some time to assess the outsole’s thickness, softness, and pattern before you make your decision. Soft rubber usually means that the shoe is meant for indoor use, but reinforced or strong rubber can work on concrete and other surfaces.

The last and equally as important consideration you should keep in mind as you look for a basketball shoe is the cushions. Most basketball shoes in the market have integrated modern technology in one way or another, and there are quite a few choices of different cushions. We recommend either foam cushions or air-based cushions.

What makes these two different is responsiveness. Air-based cushions typically give a little bit of your energy back. Foam cushions may be just as responsive in the beginning, but they will not retain that bounce.

It really depends how often you get a new pair. If you are investing in a pair to use for a year or more, opt for air-cushions. If you cop a new pair every few months, a foam cushion will do just fine.
5 Sneaker Trends This Fall
Written by Gabriel S. on Sep. 3rd 2018
Get to know any fashion enthusiast and you’re sure to find out that their favorite time of year is the time between each season when they can refresh their wardrobes based on the new trends. It’s the time of the year when these trendsetters keep an eye on the trends and start shopping for the items they plan to add to their closet when the season rolls around. Ever feel the need to refresh your wardrobe? Season change is the perfect time for you to figure out what you need to spice up your outfits. There are so many fashion trends we could discuss, but today, we’ll focus on one: sneakers. 

When it comes to shoes, consumer preferences and tastes have evolved to settle on one theme: comfort. This means that sneakers are becoming increasingly popular, and styles that we thought were laughable soon became significant trends. What sneaker trends will be settling in this fall? New-age sneakers, that’s what.

Let’s take a look at a few new-age sneaker trends so you can figure out which sneaker you should bring in to spice up your wardrobe this fall!

Sneakers with logos
This coming season, trendsetters want people to know exactly which designer made their shoe. All you’ve got to do is take one glance at the large logos splashed across the leather, the laces, or even the soles.

Sock sneakers
This isn’t a new trend. Rather, it is reemerging. This sneaker is comfortable and easy to wear. It molds seamlessly to your feet and can be paired with a surprising number of outfits, be it tailored garments or slouchy sweatpants. You can’t go wrong!

Laceless sneakers
Laceless sneakers are not quite sock sneakers. Rather, they can be compared to really luxurious slip-ons. Thanks to technology and the fact that we’re honestly still watch Back to the Future at least once every year, laceless sneaks are becoming a hit. Everyone from local designers to high-fashion brands are coming up with new laceless sneakers this season.

Versatile fashionable sneakers
Are you the person who wears sneakers with literally everything? This trend’s for you. Versatile sneakers are there whether you’re running errands around town in workout gear or heading out for drinks in a little black dress. Comfort over everything, right?

Embellished sneakers
If you’ve been waiting for the glitzy glamour trend to come back, you’re in luck! It’s finally here! Get these classically styled sneakers with some embellishments to add a bit of personality to your outfits.

How to Determine the Weight of Your Gold
Written by Gabriel S. on Mar. 21st 2019
The weight of your gold will determine the price of your gold. Therefore, it is crucial that you know the weight of your gold as well as the gold price per gram so that you know how much your gold is worth. Keep in mind that the price of the gold is decided by the ounce, not by the gold price per gram or pennyweight. This means that conversion may be required.
In global commodity markets where establishments trade millions of dollars at a time, 24K gold trades at over $32 per gram. Considering the current gold price per gram, an extra gram of gold can make you a considerable amount of money.
This is why it is vitally important that your gold is weighed accurately when doing a transaction. As a matter of fact, you should validate the weight of your gold before you attempt to sell it to any buyer. The best way to verify the weight of your gold is to weigh it on a “gram” scale.
What If I Don’t Own a Gram Scale?
If you do not own a gram scale, you can use a triple beam scale that can be found in most high school and college labs. Most gram scales that are being used for trade are digital scales. They come with a digital readout of at least 1/10 of a gram (0.1), which is perfectly fine for gold weighing.
When it comes to trading gold, you want to double check that the reading of the scale is accurate. Thus, you should make sure that the scale is calibrated. You can do this by putting a calibration weight on the scale to see whether the reading is accurate. If a 50-gram calibration weight is placed on the scale, then it should not be off by over 1/10 of a gram.
In the case that you cannot find a calibration weight anywhere, you can use a US nickel or a penny, where each of them weighs 5 and 2.5 grams, respectively.
If you cannot find any gram scales, another easy way to weigh your gold is to use a small sandwich bag. Put your gold in the bag and put nickels and pennies into another bag. Pick them up with two fingers to compare the weight.
Note that this method is not recommended as it is only an estimation, not an accurate way to weigh your gold. Even so, it is a better alternative than holding the gold in one hand and the coins in the other.
The Bottom Line
A gram scale is the most accurate way to weigh your gold. However, there are other ways that you can weigh the gold as previously mentioned in this article. Many kitchen scales are not accurate enough to determine the true weight of your gold.
Remember, a good estimation is better than an inaccurate reading. When you are using scales for gold transactions, make sure that the reading is accurate. The point that needs to be stressed here is that you should never sell your gold without having a good idea of how much it weighs.
Are you looking to sell your gold to help build savings? Pawn your gold in NYC and get in touch with us today! We’re happy to help.
What You Should Know Before Selling Your Gold to Buyers
Written by Gabriel S. on Apr. 7th 2019
Selling gold is one of the quickest ways to earn money. If you have any gold items in your possession that you no longer want, then you might want to consider selling it for some cash. However, many people make the mistake of selling gold without having a very good idea of how much their gold is actually worth. 
The lack of knowledge could potentially rob you of the amount of money that you should have gotten. Therefore, it is very important that you know how to appraise the value of your own gold in the current market so that you can get the most out of your sale. In other words, you need to educate yourself before you blindly sell your gold to any gold buyers. The last thing you want is to lose your precious gold while getting underpaid for it!
In short, you need to figure out exactly just how much your gold is worth, as well as knowing how to compare the different offers for your gold. To make sure that you get the most profit out of your gold items, read on to find out the steps that you should follow:
Step 1: Find Out the Purity of the Gold
The first step is to figure out what kind of gold you have. There are many things that you need to determine in this step, particularly the purity of the gold. To get to the bottom of this, you first have to understand the concept of hallmarks and trademarks. Without this piece of information, there is a very high chance that you will be taken advantage of by gold buyers.
Step 2: Determine the Weight of the Gold
Another thing that you need to figure out is the weight of your gold. There are various ways to calculate the weight of your gold items using a scale, whether in grams, pennyweights, or troy ounces. In order to do this in an accurate manner, you need to know the difference between each scale. Otherwise, you can lose a substantial amount of money.
Step 3: Know the Value of the Gold
Before you can determine the value of your gold today, you need to know the current market price and how it impacts the amount that you are paid. The market price of gold in combination with the purity of the gold you are selling will determine how much your gold is worth, and that number should be your benchmark when selling to different gold buyers. By having this knowledge, you will be surprised to see how much more money you earn as compared to what most people receive for the same or similar kind of gold.
Step 4: Compare Offers Between Buyers
Once you know how much your gold is worth and the number that you are looking for, you can go ahead and meet with gold buyers to sell your item. Keep in mind that you should never settle for the first buyer that you meet with - even if you are satisfied with the number. You should keep your options open so that you can compare the offers between various gold buyers. This way, you can go with the one that offers you the most money for your gold item.
Are you looking to sell your gold to help build savings? Pawn your gold in NYC and get in touch with us today! We’re happy to help.