gold bars

Posted by & filed under Buy Shop, Items for sale, Pawn Shop.

With an uncertain economy, many people are turning to pawn shops, to save money on purchases and possibly discover a rare find. As more people decide to use these to earn extra cash, you are more likely to be lucky and find fine jewelry, at much lower rates than you can find at jewelry stores or estate sale auctions.

What Gold Do Pawn Shops Sell?

There are a few factors affecting what price sellers receive for their items, and what those pieces are then sold for.

One key factor, obviously, is the current price of gold. For jewelry, the karat level, which indicates the purity of the gold, will also impact its cost. Most gold jewelry is 10, 14 or 18 karat gold. Pure gold is too soft to work with.

Finally, how quickly and easily the item is likely to be sold, and at what profit margin, impacts the cost.

Why Buy Gold?

Solid gold bar next to stack of coins
 

You may be interested in buying gold as an investment, especially if you can find it at a lower-than-market price.

Gold is a solid investment, as it is not linked to stock market performance, and it holds its value against inflation, since gold prices usually increase as cost of living does. It’s a fairly safe and common savings method, which helps to keep its value high. It is one of the most stable investments, holding its price even in highly unstable markets.

Why Buy From Pawn Shops?

Because inventory changes regularly, and a wide range of items may be brought in, you can find some exciting surprises at less than retail value.
You can find unique pieces of jewelry, including historical and vintage jewelry, to fit your unique style.

Pawn shops’ gold is generally sold more cheaply than at a new or used jewelry store, as pawn shops usually make a profit from selling pieces quickly, rather than getting the highest amount on each item. You can even find unworn pieces at second-hand costs. Discounted pawn shop prices can make for some great deals.

Although jewelry is second-hand, it’s often in excellent condition. Fine gold and silver jewelry tends to be gently-used and well cared for, and some pawn shops carefully restore pieces before sale. In addition, quality used goods are often more durable and well-made than new ones.

Buying used jewelry is more environmentally-friendly, since it reduces mining of a precious metal, loss of natural resources, and pollution from making new jewelry.

Recommendations

Use Reputable Shops

Always buy from a reputable pawn shop with good notoriety. Googling for the local pawn shop nearest you, or using online sites with unverified sellers to purchase gold jewelry can be risky. Reputable ones can authenticate and certify pieces so you know what you are buying. Most gold jewelry also has its purity marked on it somewhere, such as on the inside of a ring; always be sure to check for this.

It’s unlikely a pawn shop will have very rare gold coins or other such items, so be extra cautious if a pawnshop is trying to sell one. However, it is possible to find genuine silver and gold items, and real gems, including diamonds.

Gold is the most likely of precious metals to be counterfeited. Counterfeit gold or gold that has been artificially enhanced can be found at less-reputable pawn stores, so again, always buy from legitimate places with proper expertise.

Research

Gold items in a pawn shop are usually at a lower price than in a traditional store, and often, you may buy something and have it appraised for more than you paid. However, it’s recommended to get estimates from multiple places, to ensure you are informed before buying.

Even with knowledgeable pawn shops that authenticate pieces, an individual item may be over- or under-valued, so, while you may get lucky, it is best not to leave it to chance and it is always best to check around for estimates.

Watch also for lower-quality gold pieces with abnormal wear, excessive scratches and dents, and fading.

If the shop can’t certify an item, don’t be afraid to negotiate a better price or ask to get a third-party appraisal.

Where Can I Buy Gold Jewelry?

Selling pure gold necklace to local pawn shop employee
 

The most important thing, however, is to find an item that you love at a great price.

Green Moolaa’s team of experienced buyers allows us to sell quality items at lower prices. You can be confident all of our items are quality merchandise. Our expert buyers test everything, but our sales associates do a second test before you buy, to protect you.

We are conveniently located, and offer a 30-day guarantee, so don’t pay full price when shopping for jewelry or other items.

silver flatware

Posted by & filed under Buy Shop, Items for sale, Pawn Shop, Retail Shop.

Are you looking for the most reliable and practical place to sell silver flatware? Many individuals have silver flatware; either they inherited their family’s silver-plated items, accepted silver tea sets as a wedding present that outlasted the marriage itself, or own silver-plated pieces they no longer use.

While silver has become unpopular, and gold is over 70 times more valuable than silver, you can still sell your silver items and put some money in your pocket.

What Is The Difference Between Pure Silver And Sterling Silver?

Pure silver has an actual silver content of 99.9%. It’s typically too soft and malleable for many applications, like creating most silver jewelry.

On the other hand, sterling silver is an alloy consisting of 92.5% silver and 7.5% other precious metals (like copper, nickel, or zinc) to make it less soft and more durable.

While sterling silver is more durable than pure silver, the other metals in the alloy make it more susceptible to tarnishing. Usually, these items are plated with a thin layer of pure silver to enhance the piece’s shimmer.

Is My Silverware Valuable?

sterling
 

Do you want to know if your silverware or silver plate items are even made of silver? A general guideline is that if the piece does not bear markings like sterling or 925, it’s undoubtedly a silver plate flatware except for more antique items.

Furthermore, there are often markings on the item that will tell you if it is silver-plated. If it contains remarks such as Silver-Plated, Electroplate, or Triple Plate, these are all signs that the item is silver-plated. Other makers’ imprints and letters you might notice include:

  • Coin: Contains 90% silver
  • 900: Another mark for coin silver
  • EPNS (Electroplated nickel silver): It contains much less silver than other varieties
  • EPC (Electroplated copper): It has much less silver than different types
  • I.S.: International Silver – Silver-plated silverware produced by the International Silver Company
  • Sterling inlaid: Another term for silver plate
  • Venetian silver: Has more silver than electroplated items, but less than sterling
  • Other: William Rogers, and 1847 for Rogers pieces

Places To Sell Silver Plated Items

Silver-plated items can be incredibly priceless due to their precious metal content if it is produced from solid sterling silver. Remember that nearly all silverware we see is made of nickel, copper, or brass plated with a tiny layer of silver coating the outside.

There are some places to sell silver plating. The one you choose will depend on many factors, like how fast you want cash, how quickly you need your items sold, and how much you wish to make.

Auctions

An auction can help you acquire a higher price for collectible items rather than receiving an instant buyback cost from some silver dealers. They can estimate a guaranteed true value for the silverware. But note that an auction house will downsize the final selling price if your item sells, and there’s no assurance that you’ll meet a silver buyer.

Consignment Stores

You can attempt to sell the silver-plated flatware set at a local or online consignment store. The reliable consignment stores will help you sell your silverware quickly.

You’ll be lending a store your items to sell on your behalf. There will also be a commission fee for every successful sale. Do your research, verify the store’s selling guidelines, and choose the one that best fits your conditions and charges the lowest fees.

Pawn Shops

Brampton pawn shop owner inspecting gold ring with magnifying headband
 

You will not walk away from a more direct or lucrative experience than at the pawnshop. These shops purchase silver items to resell them and make a profit. Hence, you can expect an offer price much lower than what you’d obtain from places specializing in buying silver.

Silver Recyclers

Silver recyclers prioritize collecting precious metals to recycle them. There are online silver recyclers and in-person businesses that recycle silverware. If you do choose an area silver recycler, you’ll be able to receive your money immediately.

Online

Several people choose to sell their silver online to avoid visiting a dealer personally. Selling your silver online provides you access to dealers across many countries, and you can efficiently compare prices with various potential buyers.

Sell My Silver Flatware to Green Moolaa

Like selling jewelry, you can also sell your silver plated flatware. And when you are ready to have an appraisal for your sterling silver flatware, bring your silverware set to a trustworthy buy and sell company like Green Moolaa.

We are among the best silver buyers in Ontario, bringing you the best prices on your silver-plated items. Our experts will assess your sterling silverware – from napkin rings and candlesticks to vintage or antique silver-plated items – and instantly offer you a fair price.

Call now @ 905-796-7777

pawnshop

Posted by & filed under Buy Shop, Items for sale, Pawn Shop, Retail Shop.

Pawn shops not only offer loans in exchange for valuables, but they also buy items outright from customers to then resell. If you’re going through a hard, unexpected time in your life and require quick cash, a pawn shop can help.

Although you can sell nearly anything at a pawnshop, some valuables are in high demand and tend to pull in extra money over others. A pawn broker can appraise your item’s value at once, briefing you on its worth.

A pawn shop doesn’t just sell cheap items. They want valuables that will be easy to offer for sale. Learn more about what you can expect pawn shops to buy from you.

Best Things To Sell To Pawn Shops

diamonds
  1. Jewelry

  2. Jewelry is among the most in-demand items sold at a pawnshop, especially diamonds and gold jewelry. Diamond rings and other jewelry are very sought-after, especially after they’ve been appraised and are legit. Pawn shops sell pieces of jewelry and other precious metals and can assess the value of your gold and silver jewelry immediately and reliably.

  3. Electronics

  4. Selling used electronics is one of the ways to get cash quickly. They are among the most high-value items you can sell to a pawn shop simply because they are easy to resell.

    Example of Electronic Devices:

    • TVs
    • omputers
    • Laptops
    • Tablets
    • Digital Cameras
    • Cellphones
    • Gaming consoles

    The money you acquire depends on the item’s age, working condition, market value, and desirability. For the most part, the more modern the product is, the greater the price you’ll fetch.

  5. Brand Name Watches

  6. Multiple OMEGA wristwatches in display case of Brampton pawn shop
     

    Many pawn shops are not really into watches except if they’re of high-value, authentic, and from a prominent brand. The price of a high-end luxury watch (like Cartier, Patek Philippe, Omega, Rolex, and Breitling) will be remarkably higher than a less-expensive watch (like Citizen, Victorinox, or Movado). Brands like Michael Kors may be famous, but it’s not a luxury with a high resale value.
    Depending on how carefully you’ve maintained your watch, you might be able to retrieve a portion of your investment if you sell it to a pawn shop.

  7. Musical Instruments

  8. Pawnbrokers typically offer a fair price and quick cash for musical instruments like guitars, keyboards, and drum sets. These items are typically easy to resell and can be pricey, making them favourable for a pawn shop.

  9. DVDs & Blu Ray Discs

  10. Those old DVDs displayed in your house are worth much more than you may think. Undamaged DVDs and Blu-ray discs in excellent condition can be worth hundreds of dollars. The better the state, the more valuable it is. And, the newer the release, the more you’ll receive as well.

  11. Video Game Consoles

  12. Although you can swap games at a local game shop, you’re more likely to get the most money pawning your old video games and gaming systems.
    The amount you earn for your console depends on the system’s lifespan, the number of games available for that specific model, and how modern/in-demand it is. You’ll fetch less money with older versions since the demand is minimal.
    Be sure that you have the original case and the game’s instruction manual and delete the entire data on it.

  13. Auto Rims

  14. auto rims
     

    If you have a good set of rims that you don’t use anymore, sell it at your nearest pawn shop. Selling rims is another good way to get cash fast, although your item must be of good quality, work properly, and have the vital accessories necessary. Your auto rims will be unsellable if the centrepieces or other components are missing or damaged.

  15. Bicycles

  16. Because of the popularity of biking, a pawn shop owner might give you a reasonable price for your used bike, especially if it’s high-end (like a professional cyclist bicycle).

    Your bike will be checked for damages, mechanical problems, and overall condition. Obviously, a bike that is in perfect condition will sell faster and get you more money. Moreover, the price will depend on the type of bike and brand name.

  17. Power Tools

  18. Good tools maintain their value reasonably and often sell for more in pawn shops than if they’re sold online or in a yard sale. Power drills and circular saws are good items to pawn and are frequently sought after. Commonly pawned tools are established and famous brand names that you’ll receive more money for such as Bosch, Milwaukee, and DeWalt.
    They may take lesser-known brands if proven to function, but it can be trickier to sell those.

Your Local Pawn Shop In Brampton, ON

If you want to sell or pawn your old stuff, Green Moolaa is your go-to place! We are here to give quick cash, short-term loans, and quality products at the best price.

If you have any inquiries about our services, don’t hesitate to call us or visit us in-person.

Posted by & filed under Buy Shop, Items for sale, Pawn Shop, Retail Shop.

Thinking of selling your Louis Moinet brand watches or luxury watches? Green Moolaa has you covered. With over 16 years of experience buying and selling goods and jewellery, Green Moolaa will make sure you get the most out of your watches.

Sell With Green Moolaa

Why sell with Green Moolaa? Green Moolaa has over 16 years of experience serving the Brampton area allowing us to develop a large and diverse group of customers. Our experience over the years has also increased our understanding of product value. So, here at Green Moolaa, we understand the satisfaction and sophistication an art-based watch like a Louis Moinet can bring.

When selling your luxury watches, it’s also important to know when and where you’re selling your watches. If you’re selling watches that are only a couple of years old and are bought on a high frequency, then the watches might not sell for as much as you paid for them as it has high availability. Also the design, case material, and generation of the watch can factor into its sale because these factors can affect the price that the watch can be sold for. If the design and generation of the watch are recent then the watch might not sell well with common retailers. That is where Green Moolaa comes in.

Green Moolaa can aid in both the sale and attainment of a Louis Moinet watch and other high-end brands and luxury watches such as Rolex due to our long-standing place in the community and our trusted network of watchmakers and collectors.

Condition Of The Watches

When selling your Louis Moinet watches it’s important to examine the piece in full and assure that it is authentic and if it has any unique features or wears and tear. The condition of the piece can greatly affect its value and the ability to sell your Louis Moinet watches.

When examining the watch for authenticity, check the back of the watch for a stamp with the watch serial number, company name and the location of the company – in this case, Switzerland. Who was the watchmaker and what year it was made as time? These can affect the price of the watch. Once you’ve identified these stamps you can take the watch to Green Moolaa where we can have the watch authenticated and appraised.

Once the watch is authenticated, the examination of the watch and the materials it’s made out of is next. Begin by examining the watch for any sign of wear or tear. Are there any scuffs, scratches or cracks on the watch’s face, or band? Visible signs of wear and tear can bring down the value of the watch and void any water resistance. Once the watch has been examined for surface scratches it’s time to examine the features of the watch. Check the clasp type, dial, and band for any broken pieces and useability as this will affect the value of the watch.

Once any damage has been identified it’s important to determine the type of material that the watch is composed of – is it gold, white gold, titanium, silver or copper? The different types of material that the watch is composed of can greatly affect how much you can receive for your watch as some materials are in high demand in comparison to others.

Once the damage is identified, it’s important to identify the collection the watch belongs to as this can affect its resale value. Louis Moinet currently has three popular collections. The cosmic art collection features space art like a blue moon, astronauts and such. The Mechanical wonders collection features contemporary mechanical art. Finally, the Bespoke collection features handcrafted one-of-a-kind watches centred around clients’ specific tastes.

 

Being A Part of A Collection Will Increase Value

Knowing the collection the watch is part of is important to the resale value of the Louis Moinet because it lets us at Green Moolaa know the availability of the piece. If the watch is part of the bespoke collection it’s most likely going to be worth more due to its availability and how many are sold by Louis Moinet daily.

We Can Help Evaluate The Value of Your Luxury Watches

When evaluating your Louis Moinet and luxury watches Green Moolaa can help. Our experience in the buy and sell industry has helped us develop a wide range of skills and knowledge which can help us help you. If you decide to sell, buy or consign your Louis Moinet with Green Moolaa we will work to the best of our ability so you can get your money’s worth.

Posted by & filed under Buy Shop, Items for sale, Pawn Shop, Retail Shop.

Are you planning to sell your Tag Heuer watch though uncertain where to sell it? Nowadays, selling your Tag Heuer watch is much easier than before due to the limitless group of luxury watch buyers. But trustworthy timepiece buyers who can give you unbiased and fair prices are not as many. The good news is, Green Moolaa can buy pre-owned watches and provide you with the highest achievable offer.

About TAG Heuer Watches

The luxury brand’s deep history started in 1860 when founder Edouard Heuer established his watchmaking business in Switzerland, Uhrenmanufaktur Heuer AG. Known at present as Tag Heuer, the company’s small beginnings are based on Heuer’s fondness for sport, accuracy, innovation, and performance.

In 1911, Heuer received a patent for the “Time of Trip,” the first dashboard chronograph designed for use in automobiles and aircraft. Then in 1914, Heuer adjusted to the development of wristwatches by producing his wrist chronographs.

The company’s expansion helped improve research and development, which eventually resulted in their next remarkable advancement. In 1916, Heuer established the Micrograph, the most accurate stopwatch that was accurate to 1/100 of a second. Then the company was acknowledged for its sports stopwatch reliability, making them the world’s leading sports timekeeper supplying chronographs for the Olympic Games and other world championships.

In 1963, Jack Heuer, the great-grandson of the founder, invented the Carrera chronograph, named after the treacherous Carrera Panamericana, a car race of the 1950s. The watch was the first timepiece created by Jack and exhibited a perfectly clean and highly legible display. The following year, he approached Willy Breitling and released Calibre 11 in 1969.

As befits the highly leading-edge watches, Tag Heuer launched a digital watch in 1975, the Chronosplit, with both an LCD and LED display. In 1985, Tag Heuer became the official timekeeper for Formula 1, maintaining their lasting relationship with the automobile industry.

The company’s watches became more intricate and started experimenting with the limitations of manufacturing capacity. Numerous models revere the company’s colourful history of supporting teams and clocking the world’s most prominent races – the Formula One Italian Grand Prix, the Carrera Pan-Americana, and the Monaco Grand Prix.

 

How To Get The Best Price For Your Pre-Owned Tag Heuer Watches

Have The Documentation

You can undoubtedly sell a pre-owned Tag Heuer without the original box and documents. However, keeping those will help present your watch’s authenticity and tempt prospective buyers of your timepiece to offer higher prices.  Most of the time, boxes and papers will add about 25% to the price of a watch.

Keep In Excellent Condition

Regular servicing is necessary as this prevents undue friction and wear. Functioning watches with all their original parts are ideal. If yours has been damaged or restored with components from another brand, this will negatively affect resale value. 

When not wearing your watch, it’s always best to store it in a box with soft linen to keep it from being scratched or vandalized.

Check The Timepiece Model

This is perhaps among the most evident criteria that play a part in the worth of your timepiece. Specific watch models are in greater demand than others, like vintage pieces or limited-edition. The watch model must be itemized on any watch paperwork that came with the timepiece and on the case.

 

Coveted Tag Heuer brand names

  • Carrera – Named after the Mexican road race, Carrera Panamericana, this brand’s robust lugs flaunted durability that feels solid and sturdy on the wrist and a metal crown for a sleek yet sporty vibe.
  • Monaco – Recognized as one of Heuer’s first automatic movement watches and is the first-ever square-shaped watch with a water-resistant case, Monaco’s provocative appearance defined an entire break from traditional watch style. Its connection with actor Steve McQueen has denoted this model as a phenom piece in their collection.
  • Aquaracer – The Aquaracer is perfect for water sports enthusiasts. The Aquaracer features a few fundamental characteristics of a dive watch: a 200m meter water resistance, double clasp on the bracelet, Super-LumiNova-treated hands and markers, and an all-steel dive bezel nail this down as a practical sports watch made for mass appeal.
  • Formula 1 – Tag Heuer Formula 1 is among the most iconic and favourite timepieces as this watch symbolizes the brand’s acclaimed role in racing and sport. Globally, these sporty and long-lasting watches were a tremendous success. 

Do Tag Heuer Watches Hold Their Value?

Luxury watches tend to hold a pretty great value as time goes by. This is because of the high-grade and priceless materials that have been utilized to create the timepiece. Timepieces made of stainless steel, sterling silver, platinum, or 14K or 18K gold will garner the best prices.

Another basis why they hold a good value is because they are fail-safe and continue to keep an appropriate time. This indicates that they can be marketed as working watches when other timepieces fail to function. Another critical aspect to think of is the demand for the watch. The higher the demand, the more a timepiece is worth.

 

Do Tag Watches Decrease In Value?

Tag Heuer watches have outstanding residual values due to their eligibility, credibility, and perfection. The resale market is tough and depending on the watch and its condition, the odds of a resale are usually high.

 

Sell Tag Heuer Watch At Green Moolaa!

Green Moolaa buys used, or pre-owned Tag Heuer watches. When you sell your timepiece to Green Moolaa, you relish the beauty of a fast, hassle-free process working with a prompt, reliable, and accountable team. Or, if you feel like buying one, we can assist you in finding whatever you’re seeking, provided that we have stock.

Our offers are based on historical deals and real-time market data. Feel free to call us now and let us help you in the selling and buying process and help you obtain the maximum value and best price for your watch.

Posted by & filed under Items for sale, Pawn Shop, Retail Shop.

Silver is perceived as an appealing substitute to gold, which has shown high price volatility as time goes by. Silver bars and coins are a favoured investment as they can be sold relatively fast and will forever maintain a reasonable amount of value. A day will come when you have to sell your silver coins and bars so you’ll need to obtain the best prices and complete the transaction there and then.

Here, we will guide you on how to sell this precious metal.

How Much Are You Selling?

Before you can place a practical best price for your silver bars or coins, you have to determine the authentic resale value of your silver items. You need to receive an offer near or higher than the spot price of your silver.

If you own a combination of silver bars and coins, bring them to a silver or gold appraisal service and have them checked. The appraiser will be able to deduce if you have something particularly rare, such as a minted bar by a well-known manufacturer that is already closed down.

Silver is an exceptionally volatile asset, particularly when compared to gold and other precious metals. Silver coins are likely to have a broader range on the basis of pricing than bars do. Good research of the silvers within your possession will provide an approximate price. Wait until the market peaks and sell your silver before it begins to decline again if you truly want to acquire the most money for your silver since everyone is thrilled about selling their silver.

If you have knowledge about the right value of your silver, then you won’t be fooled. You shouldn’t need to trust a buyer to compute the price for you.

Where To Sell Silver Bullion

Online Dealers

One method to cash for your silver is via an online dealer. Selling silver to some online dears is profitable since they are conversant with the buying and selling process of silver bars and coins. They offer feasibly the best gold and silver prices, though they need a minimum dollar amount to buy silver from you. You are also required to mail the bars to them (at your expense) and wait for payment.

Local Coin Shop

If you live near a local coin shop, then it’s the best place to go. Coin shops are an immediate and effortless way to sell silver coins and bars. This route is favourable as you get an on-the-spot appraisal and offer price, rather than shipping your silver bars and waiting for a couple of days to receive the payment. You also won’t need to settle any shipping and insurance fees. Pick the shop with the highest price higher than the existing silver prices.

Jewellery Store

Other than sterling silver jewellery, jewellery stores might be willing to purchase silver coins and bars in perfect condition with a high resale value. Locally-owned stores may purchase your bars with cash after your silver has been appraised. Some jewellers may pay up to 70% of the melt price.

Scrap Dealers

You may look for scrap dealers that purchase junk silver. Junk silver pertains to silver that is damaged or has been cleaned, bars that are not fine silver or less than 99.9% pure, and coins that are minted after 1965. Most shops will not buy junk silver, so search the internet to find scrap dealers near you. Bring your silver to a store and sell your valuable stockpile of silver bars in bulk.

Local Pawn Shop

As with coin shops, pawn shops also buy and sell gold and silver. Generally, they will give figures roughly equal to coin shops, but it will vary shop-from-shop. Some may not even know the real market price of a certain silver coin or bar. Negotiation is indeed possible, but you’ll almost always gain much lower than what a bullion retailer will offer. You may be thinking that this route must be your last resort because they offer the lowest return. This isn’t true, especially at Green Moolaa. We offer customers the best prices for their silver bullion, coins, or jewellery. We care about fairness.

eBay

Selling precious metals on eBay is a worthy alternative for any type of silver, such as silver flatware, sterling silver, and even silver bars. However, buyers on eBay commonly won’t propose as much as a silver bullion dealer, since there’s more vagueness in a website like eBay. eBay’s merchant fees range from 12% to 15% of the value of the final sale. You also risk deceitful processes or scammers.

How To Find A Reputable Bullion Dealer

Make an effort and have ample research when selecting a dealer or investors to sell your silver to. The U.S. Mint provides details on retailers who are a member of the American Buffalo and Eagle Gold Coin Program. This must be the first centre of attention for those who want trusted national and local retailers.

Refrain from selling to boutiques, some you show on TV ads and the likes that swear fast and easy money for your precious metals. These services are often treacherous, and they would apply whatever means to convince you to sell your bullion for much lower than their financial value.

General Advice for Selling

To obtain the best deal, you have to learn some negotiating strategies. You and the buyer will have to compromise on a fair price. Suppose you like to have a fast transaction, you will have to go over the existing retail price, so you and the customer can break the bank.

Don’t be compelled to reach a decision you aren’t pleased with. While you negotiate, be willing to say no to low-ball offers and leave. This will push the potential buyer to offer you their largest deal. Take note that there are many buyers out there, so when a transaction is a bit awry, then it’s absolutely okay to simply walk away.

Wrap Up

Selling a silver bar is not as simple as purchasing it, though it can be an easy process. There are various places you can market your silver online and locally for cash. Be cautious in your sale to avoid rip-off and the probability of onslaught, and conduct your research properly to discover the best price for your bullion.

Blonde man showing diamond ring to excited fiancee

Posted by & filed under Pawn Shop.

A silver bar is a precious metal nowadays with the best total value and is one of the best means of owning silver bullion. Every time the silver price increases, investors’ fondness in the silver market intensifies, with countless questioning if it’s time to buy silver bar and have it as a portion of their portfolio.

Silver is valuable! No doubt about it. Certainly, silver is not as valuable as gold. Still, your silver bars are a good investment as they allow you to hold a decent quantity of valuable metal in a fairly compact unit.

Those desiring to optimize their investment will usually purchase silver bullion bars. From the three forms of silver bullion – silver coins, silver rounds, and silver bars – bars usually have lower premiums per troy oz. over the silver spot price.

Benefits of Purchasing Silver Bars

Silver bars are less expensive

The main advantage of buying silver bars is the lower cost per gram, unlike silver coins. This is because of the simplicity of manufacturing without any numismatic value. A silver bar can be purchased in big sizes like 5kg, but still be inexpensive because of silver’s low cost. Coins may be more appealing, though you pay additional for that attractiveness.

Suppose you are a common investor, it is one investment which is inexpensive and can readily give you protection in times of financial crisis. When political and economic tensions are rampant, legal tender typically gives a lower priority to investments like silver.

Offers higher returns than gold

Silver is likely to shift simultaneously with gold: when the price of gold climbs, the rate of silver goes up as well. Buying silver bars stand to witness a far greater benefit if the silver price rises. Silver increases much more than gold in bull markets and drops way deeper than the other in bear markets. Therefore, as an investor, if you purchase during a bull market, experts declare silver bars will give you a higher return than gold bars.

Silver will never lose its shine

Silver bars will not stain and will stay undamaged when stored well. Furthermore, silver is always needed, as it’s often used in industries like jewelry, manufacturing electronics, and so on. Any change in the value of the money will always have a reverse impact on the rate of silver.

Silver bars are easier to store

Silver bullion bars require less space than the equivalent number of ounces of silver bullion coins. You can ask for a storage solution when you buy silver bars from a reliable dealer. Nevertheless, storing these precious metals within your home vault is very manageable as the bars are rectangular and need less room.

What To Look For When Investing In Silver Bars

Now that you have an idea of how silver bars can be a perfect addition to your investment portfolio, it’s time to check out what you have to assess when buying silver bars. The most crucial factors that you have to figure out before investing in any precious metals are:

Weight and Size

Silver bars come in various weights and sizes. Most range from one ounce to 1000 ounces, which is appropriate for many investors. Among those weights, the most suitable for investment and storage are silver bars that measure 1 kilo and 100 ounces.

Purity

Look for a .999 fine silver or purity of 99.9%. A silver bar with a purity lower than this is not considered an investment grade.

Types of Silver Bars

There are two types of silver bars – art bar and bullion bar – that are both generally 99.9% silver. Art bars are engraved with creative designs, while bullion bars are merely simple pieces of silver bars.

Serial Number

The silver bar you are buying may or may not contain a special serial number, depending on the manufacturer. Look for a serial number that specifies when the bar was made. Some private mints in the market today don’t contain this detail which could indicate it’s not a pure silver bar or has substandard quality.

Mint Bars vs. Cast Bars

Minted bars are made by pressing blanks that have been manufactured. On the other hand, a casted silver bar is produced by pouring molten silver into a mold or cast, then engraved with preferred markings.

Minted ingots generally have a smooth finish and an immense amount of gloss to them. Casted bars, by contrast, have a grayish, nearly rustic effect and may seem old. The main advantages of cast bars against minted bars are their uniqueness and lower potential cost.

Where To Buy Silver Bars?

When buying physical silver, investors must see that they are completely untroubled with the proceedings, not just looking at a price but also with the conditions of sale. Silver bars can be purchased a few ways:

  • Online dealers
  • Auction sites
  • Local coin or bullion shops

The soundest approach here is to purchase your silver investments from a reputable dealer. Search for these things as well:

  • Positive reviews
  • An educational dealer or website
  • Exemplary customer service
  • Multiple forms of payment (e.g. check, cash, bank wires, and credit cards)
  • Ease of ordering
  • Delivery promptness
  • Buyback guidelines

Moreover, investors must expect to settle the assay cost as well when buying silver bars through a dealer to guarantee the legitimacy and purity of the silver. This proof of assay dictates the authenticity of the silver bar, securing the welfare of individuals involved.

How Can You Buy Silver Bars?

The effortless way to purchase silver bars is through a reliable online dealer. When looking for fair prices, search for a few dealers or suppliers to know about current silver prices. Dealers must be competitive with their prices. Make the best use of the most competitive offers and the biggest selection on the internet.

You may want to choose to purchase some of the finest silver to invest nowadays, like Johnson Matthey Silver Bar, Northwest Territorial Mint Silver Bar, Royal Canadian Mint Silver Bars, Engelhard Silver Bars, and many more.

One practical way for first-timers is to purchase from two separate dealers, so you have more valid information on which to transact on your next investment.

Rare Canadian one dollar coin under a magnifying glass

Posted by & filed under Pawn Shop.

Some people collect coins, but are they worth it? Is it actually a good investment? That’s the question that many coin collectors ask themselves. It can be difficult to answer this question as there are so many different types of coins and collecting them is a very time-consuming process. In this article, we will discuss some pros and cons of collecting coins in order to help you make the decision about whether or not you should start your own collection!

What Is A Coin Collection?

Generally speaking, this is the hobby of collecting coins. Coins are typically collected from circulation, but may also be purchased from coin dealers or numismatic shops. Many people collect coins as a form of investment, others for pleasure. Some collectors seek to assemble complete sets while others focus on obtaining rare and valuable specimens.

What Are Silver Coins?

Silver coins are coins that are made mostly or entirely of silver. Silver is a precious metal, and its value exceeds that of copper and other base metals used to make coins. This has led to the production of “silver coins” as special issues and limited editions for collectors.

Is Coin Collecting Worth It?

The short answer is: it depends. Coin collecting can be a very profitable hobby, but there is no guarantee that any given coin will appreciate in value. In fact, some coins may even decrease in worth. It is important to do your research before investing in coin collection and to consult with an experienced numismatist if you have any questions. That being said, there are many valuable coins in circulation, and a well-informed collector can make a lot of money if they know what to look for. It can also just be a fun hobby for people.

Are Coins Considered Precious Metals?

The answer to this question is both yes and no. The value of a coin depends on a few factors such as the year it was minted, the condition of the coin, and how many are in circulation. Coins that are made from precious metals like gold or silver tend to be more valuable than those made from base metals. However, not all coins made out of precious metals are valuable, and not all coins that aren’t made from them are worth anything. The value is also determined by how many rare coins are available in circulation and if it’s of high purity.

How To Determine If A Coin Has Been Tampered With

There isn’t one specific trick as each coin is different. However, there is a thorough process that can be taken to determine if it has been tampered with. First, the coin should be examined for any scratches or marks on its surface and weighed in your hand several times before making a final judgment about authenticity. If you still have doubts after this inspection then consult an expert from a reputable coin dealer.

Most Gold Coins Are Worth More Than Their Face Value

An American Eagle gold coin, for example, is about $1,400 USD and contains one ounce of gold.
Not all gold coins will be this value so it’s best to purchase these types of items from an established dealer who has experience with collecting rare gold coins.

Are Gold Coins Worth Collecting?

There are many gold coins that can be found in circulation today but not all of them will have this value. You should consult with an expert about how much a particular gold coin is worth before purchasing it so you don’t waste your time or money buying something that isn’t worth much. This is where our team, Green Moolaa, can help you. We’ve worked with many collectors to help them determine their coin’s value and help them sell them for top dollar.

Canadian Coins Are Worth More Than Their Face Value

Some Canadian coins, such as the gold Maple Leaf and silver dollar, can be worth more than their face value. For example, a gold Maple Leaf coin from 1990 is currently selling for about $220 online.

There are many factors that go into determining if coins are worth collecting or not – each coin is different and can be worth more or less depending on a number of factors such as its age, rarity, and condition. Remember, the key is to buy coins from reputable dealers who have experience in the field of numismatics. This will ensure that you are getting what you’re paying for and that you won’t waste your time or money buying something that isn’t worth much.

Are Coins With A Particular Mint Mark Worth More Than Others?

Many factors go into determining if a particular coin grading is worth collecting such as its age, rarity, condition, etc. However, most collectible coins will be worth more than their face value and some Canadian coins are as well.

When you consult with our experts about a particular coin before purchasing, we’ll make sure you’re getting the most bang for your buck.

Experienced pawn shop owner inspecting OMEGA wristwatch

Posted by & filed under Buy Shop, Items for sale, Pawn Shop, Retail Shop.

If you’re someone who wants their hands on an authentic OMEGA watch, you’re one of many. The OMEGA brand has been a much-loved, Swiss luxury and is known for creating timeless, unique, fascinatingly complicated timepieces. OMEGA watches are also known for making a statement in Hollywood and have even made it to the moon! But when it comes time to actually purchase one of these incredible timepieces, how do you know if you’re not actually snagging a fake OMEGA watch? Luckily, it can be fairly simple to tell an original OMEGA watch from a fake one. We’ll outline how below.

But First, Some Fascinating OMEGA Watch Facts!

Did you know that Buzz Aldrin wore the OMEGA Speedmaster during the first trip to the moon in 1969? NASA and OMEGA continue to work together to this day to create effective tools for future space missions.

Ringo Starr, a member of the much-loved group The Beatles, was also a huge OMEGA fan. He wore the Time Computer LED OMEGA watch that was made in 1973 and was one of OMEGA’s first LED watches ever made. Other popular celebrities that love the brand are Cindy Crawford (a long-standing OMEGA ambassador), Tom Hanks, George Clooney, Ryan Reynolds, Steven Carrell, Daniel Craig, and even Prince William.

Another interesting fact is that the OMEGA brand has been an official timekeeper of the Olympic Games since 1932 and it will reprise its role yet again in the 2022 Olympics. Athletes that you’ll often see wearing OMEGA watches are Michael Phelps, Caeleb Dressel, Rory McIlroy, Dalilah Muhammad, and more.

How To Spot A Fake OMEGA Watch

Sometimes a fake watch isn’t always easy to spot, but when it comes to OMEGA watch authenticity, these are very classic, luxury timepieces that are handcrafted and unique, therefore, there are some very easy ways to tell a fake from a real OMEGA.

The OMEGA Logo, Dial & Hands

First thing’s first, look at the OMEGA logo. This logo is always a separate piece of metal that is attached to the dial. It should not be painted on or engraved. Check that everything else on the watch dial is spelled correctly too. Any spelling errors and you know for sure that you have a counterfeit watch on your hands.

Speaking of hands, the second hand should have a smooth and fluid movement so there is no ticking sound nor a stutter between movements like on quartz watches.

The Date

OMEGA watches have a perfected date window. Make sure the day and numbers evenly cover the space dedicated to them and that they’re centered perfectly. Fake OMEGA watches will have a hard time perfecting such a craft that Swiss makers have spent years on.

 

The Serial Number

Authentic OMEGA watches each have their own unique, 8-digit, serial number. Vintage models will have it engraved inside of the case back whereas modern OMEGA watches will have it engraved on the bottom of the lugs. You can search the serial number engraved and it will refer to your exact model, the date purchased, and the retailer’s name and address.

The Magnet Test

If you have a certified Master Chronometer, it will not be affected by magnetic fields. Every Master Chronometer has been expertly tested to ensure precision and magnetic resistance, therefore, if you place a magnet close to the timepiece and it stops ticking or functioning properly, you have a fake OMEGA on your hands.

The Valve

The OMEGA Seamaster is the most common, counterfeited watch, however, Seamaster watches are some of the best water-resistant, dive watches in the world. Professional divers wear these watches that are known for their helium escape valves; this allows trapped helium gas molecules to safely exit the watch case in a safe and controlled manner. These are fascinating pieces of technology that some fake OMEGA Seamaster watches don’t even include, or, will be placed in the wrong spot. On an OMEGA, the valve will also sit precisely at 10 o’clock.

Our Pawn Shop Only Sells The Real Deal

Located in Brampton, Ontario, our top-trusted pawn shops sell real OMEGA watches and other authentic watch brands that are beloved by many including Rolex, Movado, Breitling, and more. We can also help you spot a fake OMEGA when you bring it into our shop. Our experts know how to spot the differences between a real watch and a replica watch, especially when it comes to Seamasters and other OMEGA watches. You can also feel rest assured knowing that, before we place items for sale in our shop, we always carefully check for authenticity and that the timepieces are in perfect working condition so you get the most out of your purchase.

Pawn shop owner inspecting young woman's diamond bracelet

Posted by & filed under Items for sale, Pawn Shop.

Do you have an old diamond ring lying around? Do you want to make a little extra cash and get rid of some old things at the same time? Then it’s time to look into selling your diamonds and jewelry. While many diamonds have sentimental value, many of them also have a high price value, which can be key if you’re strapped for cash or just want to make some money.

Selling diamond jewelry can be confusing. Between the size, the carats, the diamond certification, and the prices, it’s easy to get lost in the details. If you’re interested in selling diamonds, there are a few things you should know.

Some Things To Know

Research Your Diamond Jewelry

Before you bring your diamond rings, necklaces, and brooches to a retailer, diamond dealer, or appraiser, you will want to research the diamond you have. Knowing what type of diamond you have, how much it’s worth, its resale value and the carat weight will be extremely helpful as you start to look for buyers.

Going into a negotiation without the proper knowledge can leave you losing out on some money. Or, you may think you have a diamond ring with a high market price, but it’s really worth nothing. This is why it’s important to research your diamond and get your jewelry appraised.

Know the worth of your diamond and you will be surprised at just how influential that knowledge is when it comes to selling a diamond.

Set Your Base Price

Once you know the market value and market prices of your diamonds, you will want to have an idea of what your base selling price will be. If you go to a retailer and their appraised value is much less than your base price, you might have to do some negotiating or try some other pawn shops.

This is also why getting your diamonds appraised can be critical. Having a professional take a look at your diamond will help you set a realistic base price.

Don’t start with the highest price, though. You will want to have a lower price in mind and see what a jewelry buyer is willing to offer. You might be surprised at what potential buyers are willing to offer for your old jewelry.

Bring The Jewelry To Different Buyers

In order to get the best deal when selling your diamond jewelry, you have to go to a variety of jewelry buyers. Bring the loose diamonds or jewelry to a consignment shop or retail stores, local jewelry stores, gold buyers, and other buyers. There are plenty of vendors that buy and sell precious metals, so look around.

When it comes to selling online, you can look for online buyers through websites and social media pages. You may also look at an online pawn shop. You’ll likely find plenty of buyers online that are willing to take a look at your diamond ring or necklace.

Bringing your diamond items to various buyers will help you find the best diamond prices for you. You don’t necessarily want to sell a diamond ring to the first diamond buyer or jewelry store to offer you a deal. There may be better deals waiting for you out there. This is why it’s important to talk to a few different buyers when you sell your diamond jewelry.

Make Sure You’re Ready To Sell

Being ready to sell your diamond ring or necklace often means being ready to give away something with sentimental value.

Before you negotiate and start talking to some retailers or a local jeweller about selling your diamond, you have to be willing to sell. You will have to weigh the retail value with the sentimental value.

If you’re not ready to sell, then don’t. Keep the jewelry or diamond for a few more years and think about it a bit more. But, when you do have a great offer on the table, make sure you are ready to sell.

How Is The Price Determined?

Now that you’re ready to sell, you might be wondering how jewellers and diamond buyers determine the price of a diamond. This idea can be summed up into a simple mnemonic device: the 4 C’s: Colour, Clarity, Carat, and Cut.

Colour

Diamonds are often a range of colours between colourless and brown. A colourless diamond is the rarest while the yellowish and brown coloured diamonds are more common and, therefore, less expensive.

Clarity

Another way the price is determined is through the clarity of the diamond. Internal flaws, called inclusions, and external flaws, called blemishes, can bring down the selling prices of your diamonds. A diamond with no inclusions or blemishes is extremely rare as most have slight inclusions that can be seen under a magnifying device.

Carat

Carat is a unit of weight that is used when pricing a diamond. One carat is equal to 1/5 gram. Larger diamonds will likely be more expensive. The carat weight of your jewelry will have an influence on the diamond resale value.

Cut

The last of the 4 C’s is the cut of the diamond. This refers to the way the diamond is cut and the precision of the diamond cutter. A diamond that is cut with precision and attention to detail will look better and will often bump up the value.

Cut also refers to the shape of the diamond. Diamonds are often cut in round, princess, emerald, asscher, cushion, marquise, radiant, oval, pear, and heart shapes. The shape of the diamond will also play a role in determining its price.

Sell Your Diamond With Green Moola

If you’re looking at selling your jewelry and wondering where to sell diamonds for cash, Green Moola is the place for you.

Located in Brampton, Ontario, we are your go-to place for buying and selling your used goods and jewelry.

We offer a variety of services including buying, selling, trading, and consignment. Our team of experienced buyers can help you find the best value for your diamond pieces, designer jewelry, luxury watches, electronics, other jewelry, and other used goods.

 

Sell Your Diamonds Here