FAQs About Pawn Shop

Totally Affordable Luxury Handbag Inventory
Totally Affordable Luxury Handbag Inventory

It’s difficult to watch TV these days without coming across a pawn reality show. While they provide excellent entertainment by exposing some of the more unusual things and individuals in the pawn market, they also leave many viewers with misconceptions about how the pawn industry actually works. We’d like to clear up any confusion by answering 10 Common Questions About How Pawn Shops:

1. What is a pawn shop?

A pawn shop is a business that offers loans in exchange for personal property. Pawn shops typically accept items of value, such as jewelry, diamonds, gold, silver, luxury handbags and more as collateral for a loan.

2. How do pawn shops work?

Pawn shops offer loans to customers who bring in items of value as collateral. The loan amount is typically based on the value of the item being pawned. If the customer is unable to repay the loan, the pawn shop will keep the item and sell it to recoup their losses.


Fashion ring


3. What are the benefits of pawning an item?

Pawning an item can be a quick and easy way to get a loan. Pawn shops typically do not require a credit check, so they are willing to lend to customers with poor credit. In addition, pawn shops usually allow customers to pawn items longer than other types of loans, such as payday loans.

4. How can I find a pawn shop near me?

The best way to find a pawn shop near you is to search online or in the Yellow Pages. You can also ask friends or family members if they know of any pawn shops in your area. Once you have found a few pawn shops, be sure to call and ask about their loan terms and conditions before bringing in any items.

5. What should I pawn?

You can pawn almost anything of value, including jewelry, diamonds, gold, silver, and even luxury handbags. However, not all pawn shops accept every type of item. Be sure to call ahead and ask if the pawn shop accepts the type of item you wish to pawn.



6. Do I need an ID to pawn an item?

Yes, most pawn shops will require some state issued identification to pawn an item. This is typically done to prevent theft and fraud. Be sure to bring a valid ID, such as a driver’s license or passport, when you pawn an item.

7. What if I can’t repay my pawn shop loan?

If you are unable to repay your pawn shop loan, the pawn shop will keep your property and may sell it to recoup the loan amount. You will also likely be charged additional fees for extending the loan or defaulting on the loan.

8. What are the risks of pawning my property?

The biggest risk of pawning your property is that you may not repay the loan and lose your collateral. Pawn shop loans also typically have high-interest rates, which can make it difficult to repay the loan. Finally, if you default on your pawn shop loan, the pawn shop may report the delinquency to the credit bureaus, which could damage your credit score.


Jewels and gold coins


9. How is the value of an item determined for pawning and selling?

The value of an item that is pawned or sold depends on many factors, the most important of which is the market value. Other considerations include the condition of the item, its age and provenance, and any sentimental value it may hold. Pawn shops typically offer 30-60% of an item’s market value, while pawnbrokers may offer up to 80%. Private buyers usually pay closer to market value, but this can vary depending on their own personal circumstances. Ultimately, the decision of how much to pawn or sell an item for is up to the individual. However, it’s important to be realistic in valuing items to ensure a fair deal.

10. Is the information about my pawn loan secure and confidential?

At pawn shops, the security and confidentiality of your pawn loan information are of the utmost importance. The law requires pawn shops to keep all pawn loan information confidential. This means your pawn loan information will not be shared with anyone without your permission. Pawn shops are also required to keep all pawn loan information secure. 


R&J Logo Top 3 Rated Pawn Shop in San Jose



Are Pawn Shops Risky? Absolutely, some can be, but on the contrary to popular belief, most pawn shops provide their customers with a clean, confidential and friendly environment to conduct business. Furthermore, pawn shops are highly regulated enterprises that take great care to follow all regulations governing our sector.

Unique Jewelry Gifts For Christmas At R&J Jewelry and Loan

Fine Jewelry
Fine Jewelry

You may be sitting around looking through Christmas ads and wondering what fine jewelry you can buy for Christmas gifts. You need something to help you come up with unique jewelry gift ideas, but you’re stuck.

What better way to surprise your special someone on Christmas morning than to give diamonds or unique gold jewelry. At R&J Jewelry and Loan, they not only have an extensive inventory of fine jewelry, but also have jewelry experts who can help you find the perfect piece.

All their luxury inventory undergoes a stringent test to ensure their inventory is genuine, so you can shop with confidence. They have a selection of white gold, sterling silver, yellow gold, rose gold, 14 through 24 Karat gold jewelry, and other cool gift ideas.

If you are looking for a great statement piece, R&J Jewelry and Loan has them.

R&J Jewelry and Loan

Why Buy Local?

Why shop at Etsy, Craigslist, a Big Box Jewelry Store, or another online marketplace when you can shop at a local service, with a team member who treats you like a friend? R&J Jewelry and Loan understands that jewelry underscores a person’s personality. For this reason, they carry silver, gold, platinum, and precious stones, so that they have the right piece for every individual’s taste.

Developing a relationship and working with a local service is always best when it comes to jewelry. Why? Because everyone’s taste is different, and knowing that the experts you are working with won’t do you wrong. Sizes change, and so do styles. Having various pieces to choose from isn’t a bad idea.

Fine Jewelry

Sterling silver, gold jewelry, earrings, rings, pendants, pearls, bracelets, gems, necklaces, and luxury watches all make gorgeous gifts.

R&J Jewelry and Loan know their diamonds, pearls, gold, silver, and precious metals. Their large collection of fine jewelry gives you different choices. They will work with you on unique and custom made jewelry gifts.

They understand that everyone has a different budget. R&J Jewelry and Loan has a full range of fine jewelry options at affordable prices. A pair of earrings from a big box store may be like someone else, but buying a pre-owned quality pair from R&J will help save your budget and be unique.

They have diamond stud earrings that can be worn everyday or on special occasions.

Gold jewelry and sterling silver make wonderful gifts. Maybe consider buying a bracelet or bangles to accent your loved one’s outfits. They have elegant necklaces, topaz pendants, dainty bracelets, and white diamonds that are sure to match what you are looking for.

Other pieces of jewelry that R&J Jewelry and Loan has in their ever-changing inventory include Rolex watches and other name brand luxury watches. They have rings with gems like aquamarine and opals. Each necklace has been tested and authenticated, and will compliment any style.

Rings crafted from 14 karat gold, turquoise, or rose gold can be found in their store.

Finding That Perfect Gift

Remember to shop early, because inventories change. If you know the jewelry gifts you must have, they may be gone if you wait too long. Some of the best jewelry gifts are those with a little sparkle. A little sparkle goes a long way.

During the holiday season, explore R&J Jewelry and Loans’ inventory for gifts your loved ones will love. If you don’t know the style you need to buy, think about the style you have seen your special someone wear. Do they prefer simple, elegant, classic, or a modern look? Wearing a piece of quality jewelry within the style of what someone prefers is a gift they won’t forget.

R&J Jewelry and Loan Logo

R&J Jewelry and Loan

The pawn shop has been a family owned and operated pawn shop since 1978. They provide personalized services and an extensive jewelry selection in various price ranges. They strive to set themselves apart from other pawn shops by offering real money for valuable personal items. Fair and reasonable offers are how they do business as a full service pawn shop. R & J Jewelry & Loan will buy your items or give you a cash loan to get you through the rough times.

They have a large selection of designer handbags, luxury watches, diamonds, gold, silver, precious metals, fine jewelry, earrings, necklaces, and other best gifts that will be the perfect gift this season.

How To Pick a Diamond – The Experts at R&J Jewelry and Loan


November and December are great months to consider buying diamonds, diamond engagement rings, princess cut diamonds, round diamonds, brilliant cut diamonds, or a diamond that suits your personal preference.

Understanding how to choose a diamond is important, so you get the best quality for your money.

GIA – Gemological Institute of America – A GIA Report

The Gemological Institue of America was established as a non-profit insitutute, in 1931, as the world’s foremost authority on diamonds, colored stones, and pearls. GIA is the leading source of knowledge, standards, and education in gems and jewelry.

A GIA report is a full scientific assessment of your diamonds, colored stones, and pearls. It is unbiased and when a diamond is evaluated it uses the 4Cs to test and document the quality of your diamonds. It also documents if a diamond was subjected to treatments.

The report is not an appraisal. It is completed to assure you that your gemstone is a quality stone. If you have a lab treated stone, the report will provide a clear disclosure if the material. You will know if the precious stone is laboratory-grown or if it has been treated to enhance or alter its appearance. The report improves confidence and assurance that what you are buying or what you own is genuine and is what it is.

A GIA certified diamond is worth more than a diamond with an appraisal from a jewelry store.

Every diamond is unique and has its own characteristics. The GIA report is an official report and describes the exact details of the diamond it is reporting about. The report provides assurance and also makes it easier to recover a diamond if it is stolen or lost. A GIA report is assigned its own serial number.

Another diamond evaluation organization is the American Gem Society (AGS). This agency assess a stone’s quality by reviewing the 4Cs and provide a certification report.

What Are the 4Cs?

GIA created the first-globally accepted standard for describing diamonds. The standards are based on the Color, Clarity, Cut and Carat Weight of the diamond.  This basic knowledge assures you understand the quality of a diamond.

Each of the individual 4Cs of diamonds may interact with one another to impact a stone’s overall appearance. For example, a well cut diamond can appear larger due to increased light reflection.

holiday gift ideas for woman's ring

1. Diamond Color Actually Means Lack of Color

 The diamond color is the lack of color. A diamond with no color, like a drop of water, is valued higher than a diamond with some color. A diamond color that falls under a D-Z scale, with D being completely colorless and Z having a light yellow hue, the diamond quality falls within the D-J color grade.

Strong fluorescence can alter the appearance of a diamond’s color sometimes causing the diamond to appear milky or oily.

All diamonds are evaluated, from D (diamonds with no color) to Z (diamond with color). A diamond expert, under controlled lighting, compares the diamond to “master-stones” to determine the absence of color, and gives the diamond a rating. Because the standards are global, jewelry store, jewelers, and GIA experts all use the same standard to describe the diamond.

2. Diamond Clarity

Diamond Clarity refers to the absence of “inclusions” (substances, spots, etc. included in the structure of the diamond) and “blemishes” (external characteristics).

Diamonds are created under pressure and heat, and they have both inside and external characteristics that need to be evaluated by size, nature, position, and relief.

The purer a diamond is, the better the Clarity. Diamonds are evaluated based on a standardized clarity grade. No two diamonds are the same.

Clarity is appraised after looking at the diamond under powerful magnification, and then determining what inside characteristics it has (inclusions) and the following ratings are given:

• Slightly Included (SI1 and SI2) Inclusions are noticeable under 10x magnification

• Included (I1, I2, and I3) Inclusions are obvious under 10x magnification, which may affect transparency and brilliance.

Then a Diamond Clarity Scale is used to give the diamond an overall clarity rating. The diamond’s appearance is affected by the setting too.

3. Understanding Diamond Cuts

Knowing how your diamond is cut is essential in knowing your diamond and its value and ability to transmit light and sparkle. A quality cut can make a diamond appear larger due to the light performance of the diamond.

There are diamonds cut round cut diamonds, heart-shaped diamonds, oval, marquise, and pear. There are brilliant cut diamonds, square cut, princess cut diamonds, and fancy shape diamonds.

A skilled gem cutter will know exactly how to cut a diamond, so it interacts with the light to enhance its beauty and value. The way a diamond is cut, and the cut quality will affect its brightness, fire, and scintillation.

  • Brightness: Internal and external white light reflected from a diamond.

  • Fire: The scattering of white light into all the colors of the rainbow.

  • Scintillation: The amount of sparkle a diamond produces, and the pattern of light and dark areas caused by reflections within the diamond.

  • It is important to understand that the color, clarity, and cut of a diamond work in tandum to create the stone’s quality and appearance.

  • Fancy shapes like princess cut diamonds feature an angular, contemporary beauty that looks gorgeous in classic and geometric settings. They are second in popularity compared to round brilliant diamonds and are at a lower price.


4. Carat weight

By using 200 milligrams as a “carat”, the weight of your diamond can be given within a hundredth decimal place.

Larger carat diamond are extremely rare, and thus more valuable and desirable it is. The carat size impacts value.

Remember that the value of a diamond is not only its weight, but also its color, clarity, and cut.

Thorough evaluation is necessary when appraising jewelry. A GIA report is not an appraisal.

Fine Jewelry

How to Chose a Diamond

Buying a diamond doesn’t have to be a mustry. The experience of shopping for diamonds can be a fun and satisfying experience. Finding a good quality diamond starts with understanding the 4Cs described above.



Setting a clear budget to refer to when shopping for the highest quality diamond is essential. There are diamond online shops, lab created diamonds sold in both jewelry stores and online, and pawn shops that sell diamonds. To save money, a diamond with strong fluorescent may be discounted. When you are shopping for a diamond on a smaller budget, the lower end of the clarity scale, as long as there are no visible inclusions may save you money.


Color and clarity, and cut grades will affect cost. You should not see any imperfections visible to the naked eye if you choose a diamond that SI1 and up. To get the most out of your diamond for less, find a balance between color and clarity.

Knowing how much money you have to spend will help you shop within your means rather you are buying online or instore.


Personal Choice Regarding a Diamond’s Beauty

Understanding the 4Cs, staying within a budget, and finding the right diamond with the best combination of cut, color, clarity, and carat for that specific stone shape or jewelry setting like an engagement ring will impact your choice.

It is time to choose a diamond to fit a pair of earrings, an engagement ring, or a necklace.

You may want to pick a solitare setting for an engagement ring that maximizes the diamond cut, but is a smaller carat weight stone to save you money and meet your budget. If carat size is your biggest focus, you may choose a stone with less clarity or a different shape.

Choosing the perfect diamond is up to you.


Lab Created Diamonds

Lab created diamonds have grown in popularity. They are diamonds have been gaining popularity. They are created with high-pressure and heat that uses machines to mimic the process natural diamonds were made under.

Physically and optically, lab diamonds and natural diamonds are the same. Natural diamonds have trace amounts of nitrogen and boron. Natural diamonds could have a yellow or blue tinge. Natural diamonds could have microscopic particles and the shape may be different

A lab created diamond is less expensive than a comparable natural diamond, making lab created diamonds ore affordable.

A disadvantage of a lab created diamond is they don’t hold their resale value as well as a natural diamond. If you want to have diamonds for investments or to upgrade or sell in the future, lab created do have disadvantages.

The quality of lab created diamonds is higher than naturally produced since they are created under controlled conditions. They are typically brighter and whiter.

Lab created diamonds have a clear history and traceable source. Natural diamonds come from mining conditions that impact the people and countries they are mined in. Naturally mined diamonds cause a great amount of environmental impact.

There are certified lab grown diamonds evaluated by a geological laboratory to become a certified diamond. When buying a diamond, make sure it is certified if you want to ensure the diamond’s quality.


R&J Jewelry and Loan

Shopping for a Diamond at a Repulatable Pawn Shop Like R&J Jewelry and Loan

R&J Jewelry and Loan is a trusted diamond store. As you look around for loose diamonds and engagement rings that are discounted for the holiday season, make sure you shop at R&J Jewelery and Loan.

The shop is San Jose’s professional diamond pawn shop. With four decades of experience they are a trusted, family owned and operated pawn shop in the area. They offer an honest and transparent diamond appraisal process.


They use the 4Cs to evaluate each diamond that comes into the store. They ask these questions:

  1. Carat: How much does your diamond weigh?

  2. Color: Does your diamond have a color?

  3. Clarity: Can we see any flaws in your diamond?

  4. Cut: How well does your diamond reflect light?

Looking at a diamond closely will tell you the diamond’s quality. The cut is one of the most important factors, because the cut will make the color and clarity imperfections less noticeable. A well cut diamond looks brighter. A round brilliant diamond hides color incredibly well. Longer diamond shapes, like oval and radiant, reveal color much easier.

When you are doing your diamond shopping ask to look through the jewelers loop to evaluate the diamond before you buy it. Look closely at the diamond to see if there are noticeable blemishes.

Ask if there is a GIA certification report, to see if the diamonds you are looking at are graded.

R&J Jewelry and Loan currently has a cluster diamond engagement ring with round diamonds. This ring is gorgeous and represents the quality jewelry they carry. If you are in the market for a pear shaped diamond ring or a diamond pendant, they have several options. They have a beautiful ring with a large diamond center stone.

The store also offers diamond pawn services. When it comes to looking for a pawn shop for your diamonds, R & J Jewelry stands out in the area by offering a fair and honest appraisal for their customers.

They pay top dollar for 1-carat diamonds and larger and pay premium prices for GIA and EGL certified stones. With a GIA trained gemologist withhttps://www.randjjewelry.com/ many years of experience, you can rest easy knowing you’re receiving a fair, competitive offer when you’re looking to sell jewelry. They ensure you can instantly exchange your jewelry and receive cash on the spot.