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Old 01-05-2011, 10:24 AM  
JFK
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Join Date: Jan 2002
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Quote:
Originally Posted by Paul Markham View Post
Yes a lot of the items in LV pawn shops are from gamblers who had a winning day, visited the casino jewelry store and the next day had to pawn the itam and shocked at what they got.
JFK is spot on about the mark up. Pawned or sold jewelery was around 60-70% of the gold value, diamond was not reckoned unless it was big and flawless. Even then a fraction of the real value my parents got from a dealer.
rule of thumb, 10 cents on the dollar you paid retail, if that. For jewellery 1/2 melt or less, you dont pay for stones, or signature, ie signed Tiffany, it could be fake.
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