Chicago Pawn Broker

Chicago, United States

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Accepts Credit Cards

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Bussiness info

Accepts Credit Cards
Yes
Parking
Valet, Street
Wheelchair Accessible
Yes

Description

Specialties

LOANS ON YOUR FINE JEWELRY, PRECIOUS METALS, DIAMONDS,

AND TIMEPIECES

… even for the best of us, sometimes cash is king

Welcome to Chicago’s most specialized source of loans

collateralized by fine jewelry, gold, platinum, diamonds,

and luxury timepieces.

Even if you’ve never visited a loan source, please know that

Chicago Pawn Broker transacts business in an atmosphere of

good will, fair play, mutual respect, and dignity.

Our most satisfied loan customers are people who are knowledgeable about jewelry

values — buying or selling/​collateralizing. They trust and honor our ethical,

professional standards.

Our trade is on higher end of our markets. Our smallest loan is $ 25. Sometimes we

even offer to buy your fine jewelry outright. Those decisions are made on a case-​by–

case basis. We can talk about that when we meet.

History

Established in 2008.

A PAWN SHOP is a lender of cash.

But a Pawn Shop’smain business is lending money.

Before a Pawn Shop provides cash to its customer

they discuss the details of the collateral (or Pawn),

the item (s) the customer leaves with the Pawn Shop

to secure the loan. (In the case of Chicago Pawn

Brokers, those include gemstones, fine jewelry and

timepieces, and precious metals). They agree on the

amount of the loan, the date the loan will come due,

and interest rate the customer will pay when retrieving

the merchandise.

State law controls some of those details, including a requirement that customers

provide government-​issued proof of identification (like a driver’s license or state ID

card). The Pawn Shop makes its own decisions on others.

If the loan is not repaid or extended on schedule, the Pawn Shop takes ownership of

the pawned merchandise, and is free to sell it to others. Unlike other loan sources,

Pawn Shops are not required to report defaults to credit bureaus, however.

Meet the Business Owner

Oscar V.

Business Owner

Welcome to Chicago’s most specialized source of loans, collateralized by your fine

jewelry, gold, platinum, diamonds, and luxury timepieces.

Jewelry is our passion — precious metals, glorious gemstones, and elegant watches.

Our facility is in the world-​famous Mallers Jewelers’ Center on Jewelers Row.

We know the resale value of fine jewelry — contemporary or vintage. We’re professional

gemologists, well-​schooled in the precious-​metals markets, and well-​connected in the

markets of prestigious fine-​jewelry designers and retailers.

We are very good at what we do, and we will offer you the fairest, most generous loans

we possibly can. Our most satisfied loan customers are people who know and love fine

jewelry, too … and are so knowledgeable about market values — whether buying or

selling/​collateralizing — that they recognize, trust and appreciate our ethical and

professional ways of doing business.