At Sapphire Jewellers, we extend our services to meet the financial needs of our valued customers through pawnbroking. When urgent cash is needed, we offer a reliable solution, providing some of the most competitive pawnbroking rates in Coventry City Centre.
Understanding the economic challenges, we aim to ease the burden by offering flexibility around loans and maintaining low-interest rates. As FCA-regulated pawnbrokers and proud members of the National Pawnbrokers Association (NPA), we uphold the highest standards of professionalism and ethical conduct in our financial services.
Our pawnbroking services accept loans on gold and high-end watches, including prestigious brands like Rolex, Tag Heuer, Omega, and more.
To learn more or explore your options, we welcome you into our store. If you have any queries, feel free to give us a call during our opening hours at 02476 225 391.
Sapphire Jewellers is not just about providing financial solutions; we build trust and offer a helping hand during challenging times.
WHAT IS PAWNBROKING?
Pawnbroking is a financial service that involves lending money in exchange for valuable items, which act as collateral for the loan. At Sapphire Jewellers, we accept gold jewellery and high-end watches, in exchange for a cash loan based on the value of your items. We hold onto your items during the loan period, we are flexible in terms of the length of your loan. Once you have repaid the loan along with any accrued interest, you can retrieve your items. This traditional practice provides a quick and accessible way to secure short-term cash, and is regulated by financial authorities to ensure transparency and fair treatment of customers.
HOW DOES IT WORK AT SAPPHIRE JEWELLERS?
- VISIT OUR STORE: Start by bringing your jewellery or watch to our store for a professional valuation.
- INSTANT CASH OFFER: We will assess the value of your items and provide you with an instant cash offer.
- AGREE TO TERMS: If you're happy with the offered price, you can choose to leave your items with us as collateral for a cash loan.
-
CONTRACT & PAYMENT SCHEDULE: Once agreed, you'll be provided with a pawnbroking contract and payment schedule for the agreed term and loan amount. Our payment schedule will help you keep track of all interest you will accrue. Your unique contract will state the weight and description of your items alongside agreed interest rate (as well as additional information relevant to your loan).
-
REPAYMENT: Make payments according to the agreed-upon schedule to repay the initial loan and interest that you have accrued.
- COLLECT YOUR ITEMS: Once you've successfully paid back the interest accrued and initial loan, you can reclaim your items, completing the pawnbroking process.
Sapphire Jewellers is authorised and regulated by the Financial Conduct Authority for pawnbroking. For our complaints handling procedure, please download this document.