Why we Don’t Provide Gold Loans

sell gold

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 provide pawn loans for other items if you are looking for cash now, such as […]

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

scrap or sell gold

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 is what you want, you might head down to your local pawnbroker.  It’s a quick, […]

How to Sell Pure Gold in CT

Pure gold is a special thing; it has fascinated people for thousands of years, and will continue to do so for thousands more.   Part of the fascination is due to it’s rarity.  But pure gold, while rare to your average person, is not rare to the average buyer.  You should have no trouble selling your […]

Can you Pawn 9K Gold in the USA?

9k gold

The answer is yes. You can pawn 9K gold in the United States Do you have 9k gold to sell or pawn? Are you wondering if your local pawnbroker will take it? In short, yes you can sell and pawn 9k gold legally in the USA. Before July 2018, the minimum fineness of gold that […]

How do Pawnshops Test Gold?

It’s not possible to determine the quality of gold from a visual inspection alone, and hallmarks aren’t a cast-iron guarantee either. Because of this, most pawnshops may wish to test your gold jewelry. It is highly likely they will use the acid test.  This is the same test we use when buying gold here at […]

Can You Pawn 10k Gold?

Of the common purities of gold, 10k (karat) is the lowest; this means that it has the least amount of pure gold in it, the rest is made up of other metals. 10k gold in percentage terms amounts to 41.7% pure gold.  It also stands for 10 parts out of 24 gold. You might hear […]

5 DIY Ways to Test if You Have Real Gold

Gold is one of the most counter-fitted products in the world. It doesn’t help that gold containing products come in a wide variety of forms.  Pure gold (24 karat), gold alloy (less than 24 karat), solid gold, gold plated, white gold, rose gold. To the untrained eye, knowing what’s real, and what’s not can be […]

Why do Gold Buyers Ask for ID?

If you try to sell gold to any pawnbroker in CT and don’t have your ID, you’ll be turned away.  It’s nothing personal, it’s just a simple fact of selling gold in the US. All pawnbrokers in the United States are required by law to ask sellers to provide government issued ID. such as a driving […]

When is the best time to sell gold?

sell gold

Choosing the best time to sell gold can make you a lot more money Like most markets, gold prices go up and down and what you get for your gold today might be different to what you get for it tomorrow.  But what determines this? How can you know when it’s the best time to […]

Staying Safe When Selling Gold in CT

Selling unwanted gold is a popular way of raising some extra cash; buyers know this.  The global gold exchange market is well over $2 trillion.  This of course attracts a lot of players who don’t quite play by the rules, or don’t quite offer the price you deserve.   How can you stay safe when […]