Submitted by L. Jeanette Strole Parks for Kluh Jewelers
The reality TV world has been doing a lot of pawn shops lately, and while there are better and worse pawn shops, another proposition for local residents is to make a jewelry collateral loan at Lacey’s Kluh Jewelers. Located in Kohl’s and Target Plaza on Sleater-Kinney, Kluh Jewelers will be happy to help you get maximum value for your valuables, whether you choose to sell the jewelry or just take out a temporary loan.
So what’s the difference between a pawnshop and a jewelry loan? “Kluh Jewelers specializes in jewelry pawn shops and manages personal cash loans for jewelry, diamonds, Rolex watches, gold, silver or solid gold cutlery used as collateral. We are a licensed pawnbroker and members of the Washington Pawnbrokers Association.
In other words, when you take out a loan agreement with Kluh, you keep ownership of it until you pay off the loan, at which time you can claim your jewelry. Getting a loan from a reputable store means you’ll have a pleasant and trustworthy experience with skilled jewelry professionals as opposed to a pawnshop also stocked with lawn mowers, stereos, and guns. You can rest assured that Kluh will give you a good price for your aunt’s cameo brooch.
“You just leave it with us as collateral in case you don’t pay the loan according to the terms of the loan agreement. Using advanced technology, they can assess the quality of metals, gemstones and the carat or gram weight of stones and metals and pay you fair market value on the spot. Your jewelry will be cleaned free of charge upon pick-up.
As you can imagine, this is considerably safer than shipping your jewelry to an unknown destination, hoping they won’t keep your items, and stiffen you on fair value. On top of that, the jewelry is not damaged in any way, as there are many other places that will melt your gold and silver to weigh them and check for purity, and you won’t have the chance to change your mind. As for the interest rates on a jewelry collateral loan, a $ 100 loan has an interest rate of 3%. It is much less than what an interruption in utilities can cost.
The advantage of taking out a jewelry collateral loan is that there is no credit check and you can quickly get cash and have the option of coming back for your valuables. The cost is less than that of a “payday loan” and cheaper than service charges or late fees on bills that you might have a hard time paying.
Of course, you also have the option of selling the items directly or getting a second opinion on the value of your item if you have already received an offer from a competing jewelry store.
The following is a condensed list of what Kluh Jewelers will purchase from walk-in customers:
- Gold and platinum,
- Diamond jewelry,
- Gemstone jewelry (sapphire, emerald, ruby and tanzanite)
- Jewelry from designers such as Cartier and Tiffany and Co.
- Gold watches
- Solid gold coins
- Antique and real estate jewelry
- Silver tea sets, cutlery, hollowware and serving pieces.
If you have any questions, stop and ask. Kluh Jeweler’s customer service is most pleasant, professional and helpful.
So, the next time you’re feeling a bit strapped for cash, think about what jewelry might be lying around your house that could put you through a lean month and take a trip to Kluh Jewelers in Lacey.