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Occasional Contributor
pkin
Posts: 18
Registered: ‎02-18-2011

Getting short term $

‎02-18-2011 10:14 AM

I'm a long term lurker, first time poster (obviously) and I have a question that I'd like your input on. I have approx. 9 ounces of 14k gold jewelry and need $ to pay medical bills. I don't want to send it to USGB (yet) because I don't want to give it up so has anyone here ever pawned their jewelry for a short-term loan? I know the payments are outrageously high but it will be short term because I'm anticipating a settlement payment in March. If you've done this before how close does the pawn shop get to scrap value? I've done my research and know that USGB are paying around $25/gram so what would a pawn shop pay/gram or ounce? Any help you can give me is greatly appreciated! PK

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