Cash for gold

Did you know that all your gold jewellery, damaged or not, is worth a lot if you come to us. LMB Pawn Gold and Diamond Exchange is licenced to pawn jewelry of all kinds and forms. From gold wedding bands to gold earrings you are welcome to sell jewellery for cash. Remember that gold jewellery comes in different forms, such as yellow gold, white gold, rose gold and various purities such as 9ct, 14ct, 18ct, 22ct and sometimes 24ct if you are lucky. If you are not sure what you have got we are always happy to assist you with an evaluation.

The rich minerals that are extracted from the ground such as gold, diamonds, silver, platinum and so forth are the raw materials that are manufactured into jewellery. You might feel that some of your jewellery may be outdated and laying around the house with no use. Visit us today and get cash for your second hand jewellery, not only do we pawn jewellery but we also buy gold jewellery for immediate cash on the spot. For the best offer in Johannesburg sell your watch for cash or get cash for valuables at the best pawn shop in the Gauteng Johannesburg area.

DID YOU KNOW?

The universal symbol for pawn or Pawnbroking is the three gold balls and is one of the most easily recognised in the world. The Medici families in Italy along with the Lombard’s in England were money Lenders in Europe. Legend has it that one of the Medici’s, under the employment of Charles the Great, fought a giant and slew him with three sacks of rocks. The three gold balls or globes later became part of their family crest and ultimately the sign of pawnbroking.

In 1971, Fashion designer Diane Von Furstenburg raised capital to launch her “wrap dress” business by pawning her diamond ring. Her signature wrap dress became a fashion craze in the 1970s and earned her the reputation as one of America’s most well-known designers. Today, Von Furstenberg’s business has grown into a multi-million dollar corporation and has extended beyond clothes into luggage, perfume and accessories.

The Nursery Rhyme: “Pop Goes the Weasel” refers to pawning. A “weasel” is a shoemaker’s tool and to “pop” is to pawn. “That’s the way the money goes…Pop goes the weasel”, that is, the tool goes to a pawnshop as collateral on a loan!

Pawnbroking is the oldest method of lending money. Evidence of transactions date back to China as early as 2,000 to 3,000 years ago. However, modern pawnbroking became more distinguishable in the Middle Age.

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