Coming into a Pawn Shop, Do I need identification?

No reputable pawnbroker will accept an item without proper identification

The state requires us to use only a state issued drivers license or state photo ID card as identification each time a customer sells or pawns an item. We also accept US and International Passports and Matrícula Consular id cards. We may know you personally, but that does not exclude you from showing your identification at the time the transaction is made. We are required to check for updated information on every transaction. A complete description of the customer and all items received by a pawnbroker must be reported to the police, who compare pawned and sold property to their burglary, robbery and theft reports. This reduces the chances of a pawnshop receiving stolen property.

Every transaction requires proper identification and in most cities the pawnshops are required to report daily to the local police department the serial numbers and descriptions of every item pawned or purchased. This makes the neighborhood pawnshop a poor choice for burglars as a place to sell their stolen items. The few stolen items taken in by pawnbrokers are often noted by the police and can eventually be returned to the rightful owner. Since pawnbrokers require identification it is not hard for the police to track down the burglar.

We Keep the Bandits away!

Gold Crafters Exchange
37 Dykeman Way
Stoughton , MA 02072
Ph: 781-344-5510
FX: 781-341-2978

Gold Crafters Exchange
316 Moody Street
Waltham, MA 02453
Ph: 781-647-0688
FX: 781-341-2978    

Gold Crafters Exchange
24 Commercial St.
Braintree, MA 02184
Ph: 781-843-2442
FX: 781-535-6184

Gold Crafters Exchange

407 Route 44
Raynham, MA 02767
Ph: 774-501-1560
FX: 774-501-1027

http://www.goldcraftersexchange.com

Gold Crafters Alerts The Public

Dear Valued Client,

Over the past few years, as the precious metal markets advanced to new highs, and the internet era is growing rapidly, more and more consumers are taking advantage of online services that are being offered. As services such as ours offer many advantages and conveniences, you as an astute individual must have the ability to be aware of Companies that tend to mislead the public.

Before you decide to transact business with any Company, you are strongly advised to research their legitimacy. Please review the following questions that you need to have answered before sending your valuables to a perspective Company.

Is the entity a Corporation that is regulated by a Governmental agency such as the Department of Consumer Affairs or is it just an online outfit with a P.O. Box and no physical street address?

There are several fly-by-night Companies that come up with an attractive name, toll free number, and a post office box. However, there are federal laws that require that precious metal buying Companies must comply with USA PATRIOT ACT. Thus must have a physical street address. 

Is the company a member of any governing organizations?

JVC - Jewelers Vigilance Committee
The Jewelers Vigilance Committee was formed in 1912 to provide education and self-regulation to the jewelry industry. Members operate under the highest standards of business practice after pledging to comply with all laws applicable to the jewelry industry and make accurate representations about the products they sell.

The bottom line is that when you see the JVC logo and door decal, you can rely on our members' promise to uphold the ethics and integrity of the jewelry industry through their own business practices.

Can you visit the establishment and discuss the sale of your valuables in person or is it online only?

Not everybody is comfortable sending their valuables through the mail. Many prefer to deal on a personal level. A reputable Company should have the option of accommodating clients privately and personally.

How knowledgeable and helpful is the staff addressing your needs and concerns?

Many Companies hire a third party answering service that may be in a different state or even in a foreign country. The operators are trained only to take down your basic information so that they can send you a packet or a kit.

Will the Company contact you to get your authorization prior to issuing payment for your valuables, or will they just send you any payment hoping that you will settle for what you receive?

It is important to speak to your representative and to confirm prior to receiving your payment. This will rectify and avoid any and all uncertainties that you may have.

Is there sufficient time to cancel your transaction?

Many online Companies put a short deadline for you to send the check back if not satisfied. Many times postal mail gets delayed or even lost. When you finally receive your check, the deadline has long past and you are forced to settle on the amount that the Company has sent.

Does the Company offer free overnight shipping service?

When sending precious metals, it is important to have a tracking number and know the whereabouts of your package every step until it arrives to its destination. Packages tend to get misplaced if they are not hand delivered and signed for.

How quick is the turnaround time from start to finish?

The volatile precious metal market waits for no one. Look for Companies that settle in today's market and not when it is convenient.

Are the payout prices that are advertised adjusted with the market conditions or are they updated ever so often?

There are several Companies that advertise very attractive but yet highly fictitious payouts. It is only logical to make sure that the advertised payouts coincide with the market prices. If the payouts are too high, ask yourself how the Company affords to cover all expenses and still profit.

These are just some very important questions you need answered before you can proceed.

We at GoldCrafters, pride ourselves by providing our growing family of clients truly 100% satisfactory service.

Educate yourself to secure yourself

Gold Crafters Exchange
37 Dykeman Way
Stoughton , MA 02072
Ph: 781-344-5510
FX: 781-341-2978

Gold Crafters Exchange
316 Moody Street
Waltham, MA 02453
Ph: 781-647-0688
FX: 781-341-2978    

Gold Crafters Exchange
24 Commercial St.
Braintree, MA 02184
Ph: 781-843-2442
FX: 781-535-6184

Gold Crafters Exchange

407 Route 44
Raynham, MA 02767
Ph: 774-501-1560
FX: 774-501-1027

http://www.goldcraftersexchange.com

Gold Karat

Karat (abbreviated as "K" or "Kt", and not to be confused as "carat" or "ct" 

which is the weight measure of diamonds and coloured gemstones) indicates the

purity of gold on scale of 1 to 24 karat gold is the purest form of gold available,

that is, it is 99.99% pure.

Around the world, it has become common practice, and in some countries

it is legally mandated, to indicate the purity of gold in jewelry by stamping

a tiny mark on the jewelry (if space allows). In North America

and Japan, the purity marks are stated in Karat, e.g. 18K, 14K, 10K..., in 

Europe, the purity marks are stated in percentage, e.g. 999, 925, 750...

Both Methods are widely used in Asia and other parts of the worlds.

Allows are mixtures of other more valuable and less valuable metals which are

added to the gold to change its characteristics, such as hardness, color and price

The following table will define how the most common international gold markings are to 

be understood.

I hope you liked this post and will be posting more educating posts like this one, if you have any questions that would like to be answered feel free to ask or call us.

Gold Crafters Exchange
37 Dykeman Way
Stoughton , MA 02072
Ph: 781-344-5510
FX: 781-341-2978

Gold Crafters Exchange
316 Moody Street
Waltham, MA 02453
Ph: 781-647-0688
FX: 781-341-2978    

Gold Crafters Exchange
24 Commercial St.
Braintree, MA 02184
Ph: 781-843-2442
FX: 781-535-6184

Gold Crafters Exchange

407 Route 44
Raynham, MA 02767
Ph: 774-501-1560
FX: 774-501-1027

http://www.goldcraftersexchange.com