Blog

Selling Gold During the Coronavirus Shutdown

Gold has traditionally been a safe haven for savers, in 2008 when the markets crashed around the world, gold was one of the few investments that received a return.  There are safer investments out there, but on the whole, gold...

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Pawning During the Coronavirus Shutdown

The Coronavirus shutdown is affecting all of us in one way or another. Some financially, unable to work or waiting longer than usual for payments.  Sources for cash to pay for essentials such as food and bills may be limited,...

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Carats vs Karats – What’s the Difference?

If you're looking for some extra cash and have some gold jewelry about the house you think you might sell, you may be considering just how pure the gold is, and how much money you can make.  Or if you're...

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Gold Sellers Continue to Enjoy High Prices in 2020

The price of gold has grown steadily over the past year and gold sellers have been reaping the rewards. Selling scrap gold today will net you around 27% more than it would a year ago. At the time of writing...

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Buying Affordable Gold Jewelry at Meriden Pawn Shop

Are you in the market for buying gold jewelry?  Purchasing second hand at a local pawnshop you can often find quality pieces that provide significant savings compared to retail jewelry stores.  Shop smart and buy from a local store where...

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What Sells Best in Pawnshops 2020?

When you need some quick cash, there's lots of things you could sell to a nearby pawnshop.  Some shops buy a greater variety of items than others, and some like Meriden Pawn have specialities such as gold jewellery which they...

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What’s Worth More – Yellow Gold, White Gold or Rose Gold?

Beyond what color you prefer, what are the differences between white gold, yellow gold and rose gold?  If you are looking for gold jewelry is one better to buy or sell than another? Generally speaking prices between the three are...

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Why we Don’t Provide Gold Loans

Some pawnbrokers offer pawn loans where gold is the collateral.  Unfortunately at Meriden Pawn we are unable to offer any pawn loan in exchange for gold.  This is due to state regulation and to help prevent money laundering. We do...

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Is it Better to Scrap or Sell Gold at a CT Pawn Shop?

There are compelling reasons on either to scrap or sell gold in CT If you're looking to get some extra funds for Christmas, a vacation, or other reason, selling gold may an answer for you. If cash for your gold...

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Are Tools From a Pawnshop Worth Buying?

Buying Expensive tools at a pawn shop can save your plenty of cash If you're a Do it Yourself type of person and like fixing up your own, home, you will want to build up a nice collection of tools....

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Coronavirus Update - Important Service Information

We are open with a reduced service. We are taking measures to keep customers safe, only allowing two customers in at a time, limiting sales of items and prioritizing pawn/sells for customers.