We receive so many letters and cards of thanks from our customers each year, it makes me very proud of my business. They mostly relate to the excellent customer service our customers have received and often they are from our financial services customers who really appreciate our services, especially when they need it most.
Lending and gold buying seem to be as strong as ever and the reasons and needs are different for everyone. One lady needed £540 to pay her car insurance and borrowed against a gold curb bracelet. Another wanted to redecorate and modernise the living room of her house which might help it to sell and borrowed £1020. A gentleman wanting to help his cash flow while waiting for an insurance cheque borrowed £3900 against a Rolex watch and another borrowed £5000 against a stunning 2ct diamond ring to help fund a house purchase. Nearly all of the items we lend on are collected and over 80% of pawnbroking customers redeem their goods. We will buy or lend against any jewellery and most luxury watches, and the process only takes minutes.
As inflation and interest rates creep up, the bills still need paying. Why leave your gold or diamond jewellery sat in a box when they could be helping you with your cash-flow instead?
Recycling is a regular part of our everyday culture and more and more people are beginning to apply the practise to their jewellery assets.
Gold-cycling has become a popular theme of recent years and while some customers have used their items for loans, not wanting to part with their precious goods, others have sold their jewellery and watches outright and used the money for summer holidays, to pay off bills or simply to buy something new. You will be pleasantly surprised with how much you can raise and if you use our pawnbroking service, you remain the owner of the goods and you can simply collect your jewellery or watches when you repay your loan and interest, which can be at any point during the term of the 7-month contract.
Summer Bills….
While our foreign exchange department has been manic providing for holidays abroad, the pawnbroking arm of the business has also steadily got busier throughout the summer. We expect to see a peak in the late autumn and at present it’s the ‘back to school’ mums and dads who are topping up their reserves to pay for new school kit and paying off outstanding credit card bills from entertaining their family for the last 8 weeks.
We have also had a large number of Asian jewellery loans, mainly to fund the Asian wedding season. Many regular customers borrow large sums against their 21ct and 22ct gold jewellery to fund the generous gifts of cash, gold and lavish celebrations that surround such an event. All loans are 100% confidential and the contract length of up to 7 months allows part payments, giving customers the opportunity to reduce their loan value as, and when, they can afford it.
Lending against your assets is quick and easy way to get cash and for short term credit, the interest rates have remained frozen for the past 12 months so if you need a quick and easy loan, the pawnbroking service takes a lot of beating!
Wisdom, Faith And Power….
Sapphire is the birthstone for September and what could be better than to treat your loved one to a stunning piece of jewellery to mark the occasion. In fact ancient civilisations believed the world was built on a giant sapphire and it was its reflection that made the sky and sea so blue. Clearly they must have had better summers than we have!
It was believed that the Sapphire brought wisdom, hope and faith and was a symbol of power, strength and wise judgement. You don’t you have to spend the earth to afford one though and we have new and exciting range of all coloured stone jewellery at Christopher Brown Jewellers Seacroft, York, Pontefract and Shipley and Brown and Gold Pawnbrokers in Batley
With only 4 months to go, what a perfect way to start your Christmas shopping!
Chris Brown
