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Latest Gold News | Lombard Mutual Pawnbrokers & Jewelers | Since 1948

Cash for Gold NY | Jewelry Appraisal Tool Kit

With the Cash for Gold boom of today, many ask, how does a Pawnshop or Gold Buyer set the value on the gold or jewelry you sell them? Isn’t it as simple as checking for todays gold prices and working your way back from there? The simple answer is …. NO. This article builds on […]


Selling Jewelry | True Value vs Perceived Value

Here is a typical question we get when clients come in to sell their precious valuables. “Hey, I just bought this expensive watch for my wife 2 months ago, why is it worth so much less when it’s fairly new?” The question they should be asking is, “whoever said it would be worth more?” A […]


Selling Gold, Not Just for The Cash Strapped!

Who says you have to be in debt to cash in on your jewelry? In this weaker economy with increased gold prices, we see many types of clients walk through our door. Many people come to us because they do have an immediate need to get some quick cash. However, there has been a large […]


17 July 2012

“I saw this being sold on Ebay for…”

What you should know about the valuation of your gold and jewelry vs. what you see through online sellers such as Ebay, Amazon, etc.. As a continuation to our previous post on “The Truth in Appraisals“, we’ve decided to explain what you see selling online versus real jewelry worth. During a typical appraisal, I’m often […]


5 July 2012

The Truth About Jewelry Appraisals

If you’re someone who’s interested in Pawning or Selling your Gold or Valuable, than there are a few important things you should know about the process: The first step in understanding the value of your Jewelry item is to remove any & all emotional attachment you may have. Jewelers, Appraisers, and Insurance companies alike, unfortunately […]


15 June 2012

Stop Selling Your Gold!

Are you unsure how to go about turning your gold, jewelry and valuables to NEEDED cash? Before you commit yourself, think about the following: One quick stroll down West 47th street in New York City will tell you one thing for sure: EVERYONE WANTS TO BUY YOUR GOLD JEWELRY AND VALUABLES!! I was always taught […]