Pre-owned jewelry often shows signs of wear, such as thinning of a ring´s wall or prongs which hold diamonds, pearls and gemstones. Not all pawn shops fix those issues, but Gems N’ Loans has a master jeweler on site. Jewelers in Escondido, every piece of jewelry is reconditioned, cleaned and polished before hitting the sales floor. Defective clasps are replaced and scratches are polished away so the jewelry looks brand new.
Pawn shop jewelry prices are normally about half of what you would pay retail and the quality is just as good. Diamonds are removed from one diamond ring and placed on another; gold is melted and re-formed into new jewelry all the time.
Since pawn shops have other levels of revenue streams, they are able to be more competitive since that isn’t their only source governing their monthly overhead.
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