What you hold · What Not to Pledge
Four Things You Should Keep Out of the Pledge
A money page whose job is to reduce the size of your loan. These four categories are worth more to you than they are as collateral.
No credit check and no obligation. If borrowing is the wrong instrument for your situation, that is what you will hear first.
65%
Advance against market value
$15k
Minimum loan — about $23,000 in gold
Same
Bars returned on repayment. Not equivalent — the same bars
2004
Trading precious metals since
Collateral value is not value
A secured advance recognizes metal content and nothing else. Anything whose worth comes from rarity, brand, design or provenance is being valued at a fraction of what it is actually worth the moment it becomes collateral — and if the loan ever went wrong, that is what would be lost.
The four
- Key-date or high-grade coins, where the numismatic premium dwarfs melt.
- Branded watches — a Rolex is worth far more as a watch than as gold.
- Signed designer jewelry, where the design carries the value.
- Anything with family provenance you would not actually risk.
How we handle it
- 01Tell us what is in the lot before you ship it.
- 02We flag anything that looks like it belongs in this list.
- 03Those items come back unpledged, or never leave.
- 04The facility is sized against the rest.
The last category is not financial and it is the one that matters most. If losing a particular piece would be genuinely painful, it should not be collateral at any advance rate, and no interest saving compensates for it.
Said plainly
Where we stop
If, after removing these, the remaining metal is below roughly $23,000, we cannot help and will say so rather than encouraging you to add back something you should keep.
FAQ
Common questions
- Why would you turn away collateral?
- Because advancing melt against a coin worth several times that is not a good outcome for you, and a bad outcome for a borrower is a bad loan.
- How do I know if a coin is rare?
- A numismatist, not a lender. Ask before you pledge or sell it.
- What about my watch?
- Almost certainly worth more as a watch. Do not pledge it against metal content.
- What if that leaves me below the minimum?
- Then we are not your option, and we will tell you that rather than talk you into adding the pieces back.
More what you hold
Gold Bars
A cast or minted bar from a recognized refiner is the simplest thing to lend against. Known weight, known purity, public price, and usually a serial number.
Explore →
Sovereign Coins
Government-minted bullion coins are widely recognized, easy to verify, and highly liquid. They are excellent collateral — with one caveat that costs people money.
Explore →
Scrap & Jewelry Gold
Karat jewelry, dental gold and mixed estate lots are all real collateral. They just take more work to value, because nothing is stamped reliably.
Explore →
Next step
Run it both ways before you decide.
No credit check and no obligation. Tell us what you hold and what the money is for, and if selling is the better answer for your situation you will be told that first.
Business purpose only. Not available in Nevada, Vermont, North Dakota and South Dakota.