Can Jewelry Be Used as Collateral for a Loan?

September 4, 2021

Why Would Someone Choose to Get a Jewelry Collateral Loan?

Jewelry is one of the most used items for collateral loans in America. The consistent demand for jewelry makes it easy to sell and more appealing to jewelry pawn shops

People have different reasons to get a jewelry collateral loan, and many individuals reach out to us for help to get the funds they need for a wide variety of things. At Green Hills Jewelry and Loan, we understand that sometimes things get too hard to handle alone. That's why we are here, to provide you with the assistance you need immediately.

There are many different reasons for using jewelry to get a collateral loan: 

Business Loans

Traditional business loans can take weeks before funding, and not every business venture can wait that long. Jewelry collateral loans are an excellent option for quick cash, and many times, no background check is required. 

Unexpected Expenses

Sometimes things happen unexpectedly that require more finances than we have available. It could include a quick payment to an investment opportunity that you can't pass up. A short-term collateral loan can help tackle unexpected expenses so you can get back on track.

Emotional Attachment

People have an emotional attachment to their jewelry, making it hard to sell or pawn when cash is needed. Getting a jewelry collateral loan means you won't have to give up your jewelry, but you can get the cash and still be the owner of your valuables, as you are merely borrowing against your jewelry. 

Using Jewelry as Collateral for a Loan

What Types of Items Are Accepted as Collateral For A Loan?

Many jewelry companies offering collateral loans today only loan on fine jewelry, but did you know that you can also get a loan for other valuable items? 

Fine Jewelry

Many types of jewels, diamonds, gold and other precious metals are often accepted for collateral on a loan.

Designer Jewelry

If you have jewelry designed by top designers, like David Yurman, Tiffany & Co., Harry Winston, Cartier, Graff, or another big name in the industry, most reputable loan agents will accept those as collateral.  

Engagement and Wedding Rings 

Engagement rings, wedding bands, or complete wedding ring sets are an easy way to secure a collateral loan depending on the quality of the diamonds, stones, and metal. 

Loose Diamonds

Depending on their valuation, loose diamonds can be a great way to get cash immediately when used for a jewelry collateral loan. If you have a GIA certificate, you may be able to get more than without it. 

Luxury Watches

Luxury watches are highly desirable, and top brands such as Breitling, Rolex, IWC, Omega, Cartier, Jaeger Lecoultre, Tag Heuer, Patek Philippe are commodities that can fetch top-dollar when looking to use for a jewelry collateral loan. 

Designer Handbags

Gucci, Hermes, Louis Vuitton, Chanel, Prada, and other top designer handbags hold their value, making it possible to use when in need of cash fast. 

Gold, Precious Metals, and Coins

If you have gold, precious metals, and coins sitting around the house, depending on their value, these items can be used for a collateral loan.

Get Fast Collateral Jewelry Loans

Each day, many individuals reach out to us for help to get the funds they need for a wide variety of reasons. We understand that things can get too hard to handle alone, and everybody can use a little help sometimes. That's why Green Hills Jewelry and Loan established an easy jewelry collateral loan process to help you get the cash you need quickly.

How it Works

Our jewelry collateral loan process is fast, easy, and secure. Follow three simple steps for a no-risk, free appraisal and get your cash on the same day. 

Step 1

Visit us at our Nashville location with the jewelry you want to sell, trade, or use as collateral for a loan. Remember, in addition to fine jewelry, we also accept designer handbags, luxury watches, individual diamonds, gold, silver, coins, and more. Our professional, friendly, and knowledgeable staff treat all our visitors with the utmost courtesy and respect.

Step 2

One of our appraisal experts will evaluate your items to determine their value while you wait and provide you with a quote. 

Step 3

If you are happy with the appraisal, you sign our agreement, and we pay you right there.

Get Cash on The Spot for Your Jewelry

Green Hills Jewelry & Loan has more than 50 years of experience in the jewelry business. We make the collateral loan process fast, simple, and flexible. Enjoy a one-on-one personalized experience with a highly skilled professional at Green Hills Jewelry and Loan today!

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