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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How it Works
 

Instant Loans for Precious Metals

Pawn Shops Long Island, NY More and more customers are looking to take loans on their precious metals such as platinum, gold, silver and palladium as their value continues to rise. As the oldest coin, boullion, and jewelry buyer in Long Island, NY, Empire Pawn of Nassau has built our stellar reputation the expertise of our appraisals, the honesty of our transactions, and the best prices for gold, silver, platinum and other precious metals in the area.

Precious metal is greatly in demand today. Our expert appraisers know the factors that affect the value of platinum, gold, silver and other precious metals, including its rarity and its supply and demand.

If you need instant cash, consider the option of a loan on your precious metal. An instant cash loan for your precious metal is an alternative that many of Empire Pawn of Nassau’s Long Island customers are benefitting from in today’s economy, as they are looking for extra cash for every day items they need.

If you have sentimental attachment to your precious metal piece, or if you would like to keep it for an investment in the future or pass on to your family members, you might not 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 precious metal item is your collateral, there is no credit check involved.

Jewelry Appraisals Instant cash loans on gold, platinum, silver and other precious family items are gaining in popularity, making it more important than ever to make sure you are doing 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, our GIA educated staff is expert at appraising fine precious metals, and we will take the utmost care in your appraisal. In fact your gold, silver or platinum item will never leave your sight during the process.

As members of the National Pawnbrokers Association, we abide by strict regulations that protect our customers. We believe that your reasons for selling your precious metals 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 selling your precious metal pleasurable and profitable, as our loyal customers will confirm.

When you bring your platinum, gold or silver item to Empire, it will not leave your sight throughout the appraisal process, unless and until you decide to take a loan out on your precious metal, or sell it. Once you receive your appraisal and the 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 your loan is repaid, you’ll receive your property back in pristine condition. When you take a loan on your platinum, palladium, gold or silver, 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 your precious metal item such as gold, silver, or watches, jewelry, diamonds and gems.

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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