Is It Better To Pawn Or Sell Jewelry?

We can explain it very easily even if this question is asked by any common person he or she always tell you to sell your jewelry instead of pledging it and taking cash in exchange because of many reasons both the decisions correct and wrong at different point of view but if it is seen collectively then it will be proved that it is better to sell jewelry in place of pawn. So let us see the points that can support our statement and also help us in deciding what is better.

Amount- the amount you will get in pledging of your jewelry will be about 70 to 80 % of the total cost of your ornaments but at the time of selling you can avail about 100% for your articles and it is also possible that if the company is like cash for gold Gurgaon then it is quite possible that you may earn more than the cost.

Interest- it is also well known that if you pawn your gold you will take the amount on some interest that you have to pay every month that may be a heavy debt on your financial conditions but in selling time you will get a big amount in your hand and you can use it wherever you want to use it and you don’t have to pay any additional charges for it.

Loss- If you are not able to pay the interest they will seize your ornaments and no more cost will be given to you but still your interest will be counted until you pay the principal amount. But here you don’t have to pay any heavy amounts the sold jewelry will not be returned and you don’t have to think to take it back.

Procedure- the pledging of silver is a long procedure and it takes about two to three hours but you can trade your precious metal within some minutes at the office or outlet of best silver buyers.

So you can see how it is better to trade your silver in place of keeping it as security to any other place. If you want to release pledged gold jewelry contact our helpline no 9999821702.

 

Also read this blog: How To Sell Gold And Silver Coins?