At the shylocks Pawn Shop we pride ourselves in giving the most money per penny weight for your gold. Since the price of Gold changes daily it is best to check out our website, come in or call for the daily figures. Unlike the other gold buying places we are constantly looking at the charts to make sure you are not getting ripped off. Wonder what happens to the gold once it is bought. We are not to shy to tell you.
Once you bring in your old gold pieces we give you the best price possible.We then hold onto these items for 30 to 60 days so that we can determine that the gold has not been obtained illegally.The Diamonds are plucked from the item.We then send the gold into the refinery where they smelt it down and separate the precious gold from the other metals that are in the item.Then the old gold has now been put into blocks to make new jewelry, computer parts, & other uses.You never know, maybe the computer you are looking at this on has some of your old gold in it.
We have a variety of antique & custom made jewelry of many different sizes and styles. all have been cleaned properly and are guaranteed real gold/silver/white gold etc.
Quick gold information
Penny Weight: There are 20 pennyweights in a troy ounce, commonly abbreviated as DWT. The pennyweight was the actual weight of a medieval British silver penny and has remained the traditional method of weight for gold and other precious metals.
Gold Grams: There are 31.1 gold grams in a troy ounce.