Empire Pawn, Nassau County, Long Island, NY
   
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(516) 520-5252

   
2386 Hempstead Turnpike | East Meadow, NY 11554
 
 
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  Gold
  Estate Jewelry
  Jewelry
  Diamonds
  A Watch
  Sterling Silver/Silverware
  Coins
  Other Precious Metals
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How it Works
 

Instant Loans on Coins

Sell Gold Coins Long Island, NYIf you’re looking for cash for your gold coins or silver coins, consider the option of an instant loan. In today’s economy, many people are looking for extra cash for every day items they need. An instant cash loan for your gold or silver coins is an alternative that many of Empire Pawn of Nassau’s Long Island customers are finding provide them with the temporary help that they need.

Instant loans on coins are gaining in popularity, but above else, it is important to do business with someone you can trust. Empire Pawn of Nassau is the oldest Pawn Shop / Jewelry Buyer on Long Island, having established its loan business in 1990 after sixty years as professional jewelers. Since we are above all jewelers, we are expert at appraising fine coins, from gold to silver, antique to foreign all fine coins.

If you would like to keep your coin as an investment in the future, or perhaps someday pass it on to your children, you do not necessarily want to sell it. Empire Pawn of Nassau Inc. provides the lowest-interest rate loans on Long Island, with the option of no payment for up to four months. In addition, since your coins are your collateral, there is no credit check involved.

As members of the National Pawnbrokers Association, we abide by strict regulations that protect our customers. We believe that your reasons for selling your gold or silver coins are your own, and your privacy will be respected, always. Empire Pawn of Nassau, located in East Meadow, Long Island, NY, understands, and will make your experience of taking a loan on your watch pleasurable and profitable, as our loyal customers will confirm.

When you bring your coins to Empire, they will not leave your sight throughout the appraisal process, unless and until you decide to take a loan out on your coins, or sell it. Once you receive your appraisal and the coin’s loan is agreed upon, you will receive an itemized pawn ticket and your cash instantly. Your item is then stored our state-of-the-art vault or in a bank vault depending on its value, for safe keeping throughout the time of the loan. Once it is repaid, you’ll receive your coins back in pristine condition. When you take a loan on your gold or silver coins, it is important to follow the terms set forth in the loan agreement, otherwise the collateral then becomes the property of the pawn broker. To view Empire’s loan terms, click here.

Our mission is to provide professional, trustworthy and courteous service that you will always remember so you will think of us again, whenever you need a loan on a coin or estate jewelry, gold, diamonds, silver, or other precious metals or fine items.

Loan Terms: Minimum and maximum period for repayment: All Empire Pawn loans are for a period of 4 months unless the customer picks up their loan sooner, and is renewable for an additional 4 months if the customer pays the interest due for the first 4 months. Here are two examples of loans, their terms (period of loan in months) and their corresponding interest rates:

  • $100 borrowed for 1 month: Payback in 1 month is $116 including interest and fees. Annual interest rate including interest and fees is 192%
  • $100 borrowed for 4 months: Payback in 4 months is $128 including interest and fees. Annual interest rate including interest and fees is 84%
  • $1,000 borrowed for 1 month: Payback in 1 month is $1,080 including interest and fees. Annual interest rate including interest and fees is 96%
  • $1,000 borrowed for 4 months: Payback in 4 months is $1,200 including interest and fees. Annual interest rate including interest and fees is 60%

Maximum fees are set by New York State. For a sample loan, click here.

Please feel free to contact us with any questions.

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