Pawnshops can sell diamonds with the same clarity and size at a price 30% lower than the market price. For example, if you buy a diamond ring from a jewelry store, the market price of a 1 carat diamond ring varies from 70,000 yuan to 1 00,000 yuan depending on the quality, while if you buy it from a pawnshop, you can buy a1carat diamond ring at a minimum of 30,000 yuan.

The essence of pawn is to help you turn over funds and get interest distribution with time difference. 60% of the value of 100 is paid in kind, excluding depreciation expenses. If there is a depreciation charge, it will be paid at 60%-80% of the depreciation charge, and then 60% will be given to gold coins. If the diamond ring is genuine, it can probably sell for about 9000 yuan. If it is sold, it is recommended to go to the gold shop for direct depreciation.

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Pawnshop pawn matters needing attention

1. To pawn in a pawnshop, you first need to recognize the authenticity and qualifications of the pawnshop and see if the pawnshop is fully qualified. Specific three certificates (pawn business license, industry license, industrial and commercial business license, etc. ).

2. Understand that pawn shops are short-term loans, and the borrowing time generally does not exceed 3 months. If long-term loans are needed, it is best to apply for loans from banks or small loan companies.

3. For convenience in the future, in the process of pawn trading, the applicant needs to know clearly the interest rate of pawn and what the service commitment is. In addition, the pawn process of pawn shops is not as complicated as that of banks, but applicants need to provide personal identity cards, pawns and proof of the legitimate source of pawns.