gold loan

Posted by & filed under Loans.

Gold has been a major investment cornerstone for thousands of years. Today, banks and other lenders offer a gold loan ranging from 18k to 24k. These loans are secured with the customer’s gold, which is kept at the bank as collateral for the loan.

If you’re interested in gold loans, it’s important to take into consideration the gold loan interest rate that you will have to pay. Failing to consider all the factors that affect your interest payments can make the loan less advantageous for you.

Keep reading to find info on how gold loans work, as well as how to properly use a gold loan calculator.

How Do Gold Loans Work?

A gold loan can be very profitable for banks since they don’t have to worry about assets performing poorly. Jewelry and other gold ornaments are kept at the bank and serve as collateral in case the borrower fails to pay the monthly installments on the loan.

Checking Quality

When checking gold loan eligibility, the lender will first want to verify the purity of the gold being offered as collateral. This is an important step, as it determines the gold value, and has a large effect on how much the bank will be willing to lend.

KYC Checks

Know-your-customer checks are standard checks recommended by the Reserve Bank of India and are intended to evaluate various aspects of a potential borrower. These include the borrower’s identity, credit history, and reasons for wanting a gold loan.


Once the previous steps are finished, the bank will propose loan terms and these terms must be agreed upon by both the bank and the borrower. When the parties agree to the terms, the loan is approved and the loan amount will be credited to the borrower.


Gold Loan Factors

There are a number of factors that affect the terms of a gold loan. Understanding these factors is an important step in understanding whether or not a gold loan is right for you. These factors are as follows:

Interest rate Type

Many borrowers assume that there is one type of fixed interest rate for gold loans. However, there are a number of different interest types that may be charged by lenders. These include:

  • Compound interest
  • Jumping interest
  • EMI
  • Penal interest

Loan Tenure

The tenure of a loan is the period of monthly payment obligations for the borrower. Lower loan tenure typically results in a higher rate of interest, since borrowers will have less time to repay the loan.

Advantages of a Gold Loan

  • Lower interest rates compared to other secured loan options
  • No restrictions on the usage of the money being borrowed
  • No credit score requirement or proof of income requirement
  • Flexible repayment tenure
  • Instantaneous loan disbursal

Who Should Use a Gold Loan?

The features of a gold loan make it an attractive prospect for a few different situations. These include borrowers requiring short-term loans, borrowers with low credit scores, and borrowers who have gold jewelry or gold ornaments but require personal loans.


How To Calculate Gold Loan Interest Rate

Gold loan interest can be easily calculated using a gold loan calculator from various websites. However, borrowers may want to know how exactly these interest rates are calculated.

Things You Will Need

In order to calculate the interest rate on a gold loan, you will need some information on the loan in question. This includes the equal monthly installment (gold loan EMI) loan amount, the principal gold loan amount, and the tenure period of the loan (in months).

These numbers will also be used if you decide to go with an online calculator for figuring out the interest on your gold loan.

Gold Loan Interest Rate Formula

If you wish to calculate the gold loan interest rate yourself, you can use this formula: E = P x r x (1+r) n / [(1+r) n-1)] Where E is the equal monthly installment (gold loan EMI) amount, P is the principal loan amount, r is the rate of interest, and n is the tenure period of the loan in months.

If this looks like Greek to you, then there’s no shame in simply using an online interest rate calculator for your gold loan.

How To Use a Gold Loan Calculator

  • Log onto a website that has an interest calculator for your gold loan. There are many options available online.
  • Enter the necessary values in the form fields for the calculator (EMI amount, principal loan amount, and tenure).
  • The calculator should be able to calculate the interest rate of your gold loan using this information. You may want to check calculators on a few different websites to verify.


Solid gold bar next to stack of coins

Posted by & filed under Loans.

If you need some extra money available and are looking for a short-term loan option, you may not know that you can get a gold loan. There are a variety of gold loan schemes available with different features.

What Are Gold Loans?

A gold loan is a secured loan where you keep your gold with a bank or a financial institution as security and avail, or access, capital against your gold. You keep your gold, but it will be kept by the bank or institution until you have paid off the loan amount and the loan is closed.

A secured or collateral loan, similar to a home equity loan where you borrow against the value you have in your house, but in this case, you borrow against the value of the gold you own when you need some extra cash or fluidity. Because they are secured loans, they can help you get a lower rate or make it more likely for you to be accepted for a loan amount.

If you have a regular and higher income, you may be able to get a gold loan at a lower rate of interest.

You can use gold ornaments, such as gold jewellery, as well as gold bars or gold coins for such loans. You will need sufficient gold assets in order to be able to borrow what you need. A lender will offer a certain percentage of the total value of your gold and gold ornaments for your loan amount. Often, only gold is considered; even though you may have a gold ornament with valuable stones in it, you will only be valued based on the gold pledged (offered by you as collateral for the loan).


How Much Can I Avail (Gold Loan)?

The amount you can access depends on the value of your gold and the loan-to-value ratio that your lender offers. If you have a larger amount of quality gold, and you are offered a higher loan-to-ratio value, such as 70% of your value, you will be able to borrow more. While you can find a gold loan calculator online, it is best to actually get a quote.

Loan to Value Ratio (LTV)

The lender will offer a certain percentage of the value of gold as your loan. Usually, a rate of about 55% to 65%, is offered, so it is a safer loan for the lender. There are also percentage caps or a maximum limit.

If you have a gold valuation of $1000 and are offered a TLV of 65%, the maximum loan you can get is $650.

Loan Tenure

A gold loan is generally a short-term loan, ranging from about six months to two years. Most lenders will have a maximum limit tenure.

Interest Rate

Gold loan interest rates vary, depending on your credit score and other financial conditions at the time. Your gold loan interest rate may also be impacted by the purity of the gold. However, because the loan is secured, you may be eligible for more attractive interest rates than you might otherwise receive.

Who Should Avail Of A Gold Loan?

Since these are short-term instruments, they are better for meeting short-term money needs only. Naturally, you must also have a sufficient amount of gold available.

If you have a low credit score, because you are leaving your gold with your lender as collateral, you are more likely to be able to get a loan, and possibly at a better rate.

With better rates, these loans can be a better financial choice than a personal loan with less optimal interest rates, saving you money on interest.

Gold Loan Eligibility Criteria

You need to be 18 years or older to apply for a gold loan.

Usually, only gold ranging in quality from 10K to 24K is considered for a gold loan. The lender will assess your gold and perform a valuation. Valuation fees may apply. Your credit history and other financial details will also be checked.

At this point, the lender will decide whether to offer loan terms and the details of the loan terms.

Gold Loan Process

With Green Moolaa, the entire process of getting your gold loan is simple, pleasant, and fast. We consider all of your gold, and will also consider diamonds. Gold jewellery, watches, bullion, coins, bars, and diamonds are all accepted.


Firstly, our experts examine your gold carefully for valuation to determine the maximum loan amount we can offer you. We never damage your goods during these assessments.

Quote and Offer

We then offer a free, no-obligation quote, so you can make a decision appropriate for you. If you agree, you will receive an instant gold loan, for immediate cash for your needs. Our quick loan disbursal process means you are in and out in a couple of hours.

Payment Plans

Green Moolaa guarantees the best value and interest rate for your gold loan, unlike most online gold loan providers. After assessing your gold, we provide flexible repayment options, including repayment tenure. We work together with you to find a payment plan that meets your needs, with monthly or quarterly payment options. Unlike many other lenders, we don’t need to check your credit history.


We securely and carefully store your gold in a safe place to prevent damage or theft. We will advise you on the documents required.

Loan Payment and Return of Goods

Once you have paid back your loan amount, you can arrange to pick up your gold, which will be in the same condition it was dropped off in.


Ready for a Gold Loan with Green Moolaa?

We guarantee superior customer service when we offer gold loans; we treat every customer with professionalism and respect.

If you need to raise funds for a temporary expense and have gold that you don’t want to sell, Green Moola can help, while guaranteeing the best value and interest rate for your loan. If you decide instead to sell your gold, we offer the highest prices for that, as well.

You also won’t negatively affect your credit score, as it won’t show up on your credit report.

We will guide you through the process, answering all your questions, as we know it can be confusing if you have never had to avail of a gold loan before. We will help you get your cash faster, and easier, with no hassle.








gold bars

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

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 the 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 tend to be gently used and well cared for, and some pawn shops carefully restore pieces before the 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 the mining of precious metals, loss of natural resources, and pollution from making new jewelry.


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 pawnshop 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 precious metal 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 the proper expertise.


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, 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?


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.


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.


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


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

  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.

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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.


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

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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.


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

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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.