Buy Sell Loan

The Hunter Jewellers is a quality, specialist manufacturing jeweller, we sell new jewellery, watches and fine gifts, and we are now a licensed collateral lender (pawnbroker) / second-hand dealer so we can buy, sell and loan. Due to our position and expertise in this market, we can offer more options; better value for precious metals and gems (jewellery) we can directly reuse, re-manufacture, scrap, refine and on-sell second hand vintage estate jewellery depending on the quality of the items, our stock levels, market forces, etc.

our jewellery shop 81 john st singleton

If it is the first time you have thought of using a collateral lender (pawnbroking) or second hand dealers services, we are the store for you, and our friendly, professional staff are here to help. Providing secure, private and professional service, we are a specialist in precious metals and gems. If you are over 18 and can produce Photo ID (Drivers License, RTA ID Card, etc.), you will need to sign a docket/statement to confirm that the item is your own property and that you understand what you are doing. This information will be furnished to the NSW police.

 

 

WE:

BUY –  We buy gold, precious metals and gems -second hand, vintage, estate  jewellery. You can visit us in store to sell gold and precious metal jewellery, or you can send us photos, with any known details of the item(s), and we can let you know if we are interested, with an estimated value.

SELL – We sell goods that we have loan on, which have not been redeemed by the original owner within the prescribed period given, and goods purchased by us out-right from customers. These items are offered for sale to the general public, with a guarantee to be sold usually at a fraction of the new price. All of the jewellery is checked for quality, properly cleaned and polished before being offered for sale, and is clearly marked as pre-loved. Only the quality second hand, vintage, estate items are resold, otherwise they are scrapped.

Market forces indicate that quality used items sell for approximately half their brand new equivalent, and can represent great value if you are looking to buy, and are comfortable with pre-owned items.

LOAN – If you do not wish to part with that special item, we can provide you with a short-term loan against it. This way, it still belongs to you and can help you sort out any cash problems short-term.

CONSIGN – For us to sell on your behalf at an agreed price.

TRADE  IN – Or upgrade on new items and get even higher value.

See below and here for more specific details on these and other things we offer.

NO CREDIT OR INCOME CHECKS – We do not perform credit or income checks on you, and we do not report any information to credit agencies, since your loan is secured by your asset.

SAFE AND SECURE – Your assets are always secure and protected with Hunter Jewellers. We store your assets in secure vaults.

FIXED RATES AND PAYMENTS – A loan features a fixed rate, which means your monthly payment will never increase. Our interest rate varies between a flat rate of 5-20% per month. The difference is based on the asset and the value of the loan. The bigger the loan, typically, the lower the rate.

A FLEXIBLE AND CONVENIENT LOAN TERM –  Our loans are for a three month term, which can be extended and can be paid back in full at any time within this period. There are no early repayment fees.

With Hunter Jewellers you have the confidence of end-to-end insurance. This means that your jewellery is protected from the moment it leaves your hands, to when you have it safely and securely returned to you, once your loan is repaid.

When your jewellery is with us, it is subject to both protection and specialist care. During the initial evaluation of your jewellery, our specialists will speak to you about the condition, and if necessary, advise on any services we can provide while under loan, that will improve the condition of the piece(s). Some of these services include: cleaning, polish, repair and certification.
Your jewellery will be photographed upon receipt, placed into a special protective box or pouch, and placed into its own space within our vaults. Upon redemption, your jewellery will be returned to you with the agreed upon services complete, and if needed, with a pouch or box to take with you.

 

 

ORIGINS 3 gold ball symbol

 

The origins of collateral lender (pawnbroking)  can be traced back over 3000 years to the Chinese and it is pawnbroking we have to thank for the discovery of the Americas – Christopher Columbus’ voyage was funded largely by the proceeds from pawning Queen Isabella of Spain’s jewels! The industry as we know it today, however, can be traced back to fifteenth century Italy, when the noble Medici family was a dominant financial power.

When the family was split in two, one half of the family became bankers and the other became pawnbrokers. The pawnbroking side of the family took with it half of the family crest, which incorporated the now instantly recognisable sign of the pawnbroker, the famous three gold balls. It should come as no surprise that the origins of banking and pawnbroking are so closely entwined – pawnbroking is, after all, simply another form of banking.

Today’s pawnbroking customers range widely. Certainly they are ordinary people, who may wish to borrow a small sum of money for a short period of time. Fully secured, straightforward and transparent credit in minutes. No wonder so many customers and regulatory bodies see pawnbroking as ‘just another way of borrowing money’.

for more information on this subject see here

OUR PURPOSE

We are here to earn a living for ourselves and the people who work for us, to build a business that will be here for many years. This is a benefit to the community in general. With this in mind we always try to offer the best price we can that still enables us to cover our many and varied costs. We hope and expect that this service, along with the many others we offer, is of help to our customers. We may not always be able to come to an agreement or offer you exactly what you wanted (such is life), but we will always try our best. We will be courteous and respectful, and hope you treat us the same.

We buy – low quality precious metal second hand, vintage, estate items that can not be resold as quality used items, and as a guide we pay approximately half the wholesale price of useful raw materials. The price we offer is a scrap price, and the item is likely to be pulled apart, which enables us to recover our up front costs more quickly. The components can be sold by us to refiners and gem traders when we have enough volume to justify the effort, for between a quarter to half of the second-hand value.
Loose diamonds and gems are a complex area with many risks, particularly smalls which have little value, eg. 4mm or less for gemstones and 3mm or less for diamonds.
To work out what we may pay for precious metal, go to abcbullion.com.au and find the raw fine bullion metal that matches yours. Conversions to the appropriate per gram price and metal purity  will need to be made, allowances will also need to be made, plus the risk, time, handling, refining losses and costs.

(Rare and exceptional items are a different story, and on a case by case basis).

We buyquality second hand, vintage, estate precious metal & gem jewellery items that may be resold as is. We will pay approximately half of the second-hand resale value. Quality desirable second-hand goods can be sold to a willing buyer for about half their new price. Given we could be out of pocket for years waiting to recover this cost, we can only pay at most about half of the second-hand price.

Consignment – you leave desirable quality items with us and we try to sell it on your behalf at an agreed price. When it is sold, we will pay you minus a small commission of 40%. If you take the item back before it is sold, there is a $45 handling fee, which gives you the best return but can take months or more likely years.

Trade-in and upgrade – items we will give you an agreed retail value towards a new upgrade purchase that is at least 2-3 times the value of your item.

Remake trade-in – you can use your materials to make a new item. We only need to cover the labour costs (from $100 average to about $600). Remembering they are your materials, we take no responsibility for what they are or their condition.

Sell it yourself – If you want to try and get more, your options are to try and find a willing buyer (through eBay, gum tree, classifieds, etc.). Most people buying in these places are usually looking for a bargain, so it may take a while until you find that one in a hundred who wants that exact item, and is willing to buy directly with little warranty.

Keep in mind that manufacturing, labour, supply and tax costs that are embedded in a new price can not be resold or reused. In some cases, particularly when being sold as scrap, this may seem like a dramatic and unreasonable price drop, but it is fair when you consider all the time, processes and costs involved.

 

Do you really need a loan today ?
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:

For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counselor
Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
If you are on government benefits, ask for an advance payment from Centrelink: www.humanservices.gov.au/advancepayments

Go to www.moneysmart.gov.au – MoneySmart shows you how small amount loans work and suggests other options that may help you.

 

 

 

 

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