Informative Guide to Pawnbroking in 2022

Not everything goes as planned every time. If an unexpected expenditure has come up and you need to arrange for some quick cash but cannot rely on the traditional forms such as credit cards, bank loans, and others, what is the best way out?

The services of a reliable pawnbroker can be the need of the hour. Even if you do not have liquid cash, there’s a possibility that you own luxury assets like luxury watches, jewellery and others. Pawnshops allow you to use these valuable personal items like watches and jewellery as collateral to borrow instant cash loans! For instance, if you have a Rolex and want a quick fund for your needs, you can easily take a loan against your Rolex watch from a pawnbroker.

But, there’s a lot of confusion surrounding how the pawnbroking services work or who are these pawnbrokers!

Hence, we have put together this guide to pawnbroking to help you learn more about pawnbrokers and how their services work to help you decide the route for yourself.

Below we have compiled the most asked questions about Pawnbroking that will surely give you an insight into its functionalities.

Top 10 ‘Most-Asked Questions About Pawnbroking

1. What is a Pawn loan?

A pawn loan is when a customer receives instant funds for a short term in exchange for a personal item that holds value. The item will be in the pawnbroker’s possession until the customer finally redeems it upon the agreed terms in the pawn contract. The cash loan amount received by the customer depends on the value of the collateral, which can be a luxury watch or expensive jewellery. When the customer returns the loan amount, the pawnbrokers return the item to them.

The loan tenure varies from one pawnshop to the other.

2. Is it safe to pawn?

Yes! In fact, pawnshops are one of the safest places you can go to pawn your luxury assets. It is the pawn shops’ and, more specifically, the pawnbrokers’ responsibility to keep your items safe and in good condition while it is in their possession.

3. Why do people use pawnbrokers?

Typically, people choose pawnshops over other traditional modes as they can quickly trade their valuable assets for cash. Unlike other loan sources, pawnbrokers intend to keep the process simple, safe, and fast, making them even more popular. Moreover, the facility to avail instant cash for no credit checks makes it lucrative for the customers to visit pawn shops in the UK.

Customers can simply use their valuable goods as security for a flexible loan period and easily repay the loan amount to get back their items at their own pace.

4. Can you pawn more than one item?

Yes, absolutely! You can pawn as many different items as you want or pawn the same item multiple times. Now, that’s the benefit of a pawn shop. There is no risk of even maxing out your credit or being charged with extra credit.

5. Can you use a luxury watch as collateral?

Let’s just say that luxury watches are an unused source that provides immediate cash. You’ll be surprised to know that luxury watches are the most frequent form of collateral for fetching cash these days. For instance, Rolex is a highly reputed watch brand that enjoys great attention in the pawnbroking industry. Pawnbrokers are willing to offer quick cash loan for any Rolex model.

However, a few factors can affect the value of a luxury watch, including Rolex. They are the model, watch rarity, condition, age, availability of the box and papers, etc. Find a reliable pawnbroker to crack the best deal!

6. What are the advantages of pawn loans?

When it comes to securing some fast cash for emergency purposes, pawn shops are becoming more and more popular because of the real advantages. The list of benefits includes:

  • No Credit Check
  • Get Instant Cash
  • Relatively lower interest rate
  • Get Multiple Loans
  • No Long Paperworks
  • Items are Fully Secure

7. How does pawning work in the UK?

If you’re looking to pawn your item in the UK, make sure that you visit a reliable pawnbroker to avail of the benefits listed above. When you get the right pawnbroker in London, this is how the loan process works:

  • You bring your item as collateral
  • The pawnbrokers determine the accurate value of your item
  • Sign the pledge receipt & agree on the interest rate
  • Get an INSTANT cash loan based on the asset’s value
  • Redeem the asset when you pay off the loan, including the interest
  • If you fail to repay the loan amount, the pawnbroker will sell off your item to recover the loan

8. How do pawn shops determine value?

The loan amount you take away greatly depends on the value of your item. And, by this, we do not mean the value you paid for that particular item when buying it. The loan amount depends on the item’s market value at that particular time, and pawn shops are quite good at determining the market value of luxury items.

Whether it is a luxury watch like Rolex or exquisite diamond jewellery, the pawnbrokers carefully evaluate the collateral depending on the current condition, appraised value, or the ability to sell the item. They also use specific research tools to determine an item’s value for you to get the most money for your item.

9. Do you get more money selling or pawning?

This is one of the most prevalent questions of all. Well, the answer depends on your purpose. Do you want to part with your valuable item permanently or want to generate some quick cash? If the latter is your case, we believe pawning is what you’ll probably want to do.

For instance, if you own a Rolex and use it as collateral to fetch some cash, the watch’s value will continue to appreciate over the years. When you pawn, you retain the ownership of your Rolex and can always redeem it later while it appreciates in value. This way, you can sell your Rolex later or even use the same item again as collateral.

Another benefit of pawning is that you’ll often get more cash quickly without credit checks at a lower interest rate!

10. What happens if you don’t pay back a pawn loan?

When you avail a loan for your asset from a pawnbroker, you can redeem the pawn at any time by paying the value you owe. However, if you fail to repay the full loan amount during the specified period, the pawnbroker can sell your item to recover the cash.

In another case, if you cannot repay the whole loan value when it comes due, you can pay the interest on the loan and renew it for another few days or months. This completely depends on the pawnshop you are dealing with and can charge an additional fee each time you choose to renew the loan.

Now that you know how the pawnbroking process works, it brings us to the next most important question:

Which is the best pawn shop in London?

When looking for a pawnshop, the first and most important thing you’d be looking for is reliability. Many pawnbrokers assure high-end services but fail to live up to their expectations.

The Luxury Hut has been in the business for over 40 years and has extensive experience in pawnbroking. The professionals are constantly conducting market research to ensure that they provide the best competitive loan amount in the UK.

Reasons To Pawn With The Luxury Hut

Whether you want a loan on jewellery, gold jewellery, loans against luxury watches, or any other fine watch, the experts carefully assess the luxury asset to provide the best possible loan amount. As trusted London pawnbrokers, they intend to make the pawnbroking process as simple as possible and have laid out a very direct and easy way for you to avail of quick cash.

Reasons to pawn with them are:

  • INSTANT Cash loan
  • No Credit Checks
  • Lowest Interest Rate
  • Minimal Paperwork
  • Contact-Free home collection
  • No Early Retrieval/ Hidden charges

You can start by filling in an online form to get a FREE valuation of your asset.

What are the Items you can pawn with The Luxury Hut?

Get an Instant cash loan by pawning the following items:

  • Luxury Watch (Rolex, Cartier, Patek Philippe, Audemars Piguet, Vacheron Constantin, etc)
  • Gold
  • Jewellery
  • Diamonds (Loose Diamonds)

Do you want to loan for Rolex?

Rolex, as you know, is one of the most desirable luxury watch brands that drive a high pawn value. However, it is important to remember that the pawnbrokers will determine the final value depending on the various factors, like:

  • Model
  • Age
  • Condition
  • Rarity
  • Box & Papers

The Luxury Hut officials will offer you an INSTANT cash loan for your Rolex at the lowest interest rate after they quickly unlock its value, depending on the said factors. As one of the leading pawnbrokers in London, they aim to offer the best possible loan value, whether your Rolex is vintage or modern.

Not to worry, if you do not have the original box & papers for your Rolex watch, the officials will still pawn your Rolex at the best possible value without any credit checks.

Follow the 4 simple steps to pawn your watch:

1. Fill in the form

Start by filling in the online form and providing as many details as possible to get an accurate value.

2. FREE Quote

Get an INSTANT free quote for your Rolex watch.

3. Send your Rolex

If you are satisfied with the initial loan offer, send them your Rolex. Get a Contact Free home collection and a pre-paid shipping label.

4. Get PAID!

Accept the offer, sign the pledge receipt & get INSTANT cash!

The process is quick, simple and fully transparent. You get what your item is worth safely and securely.

If you want to take a loan against gold ornaments or a loan for a watch or diamonds, follow the same process as above to get your FREE quote today!

Alternatively, call them on 0207 242 9160 to book an appointment and visit them at their Hatton Garden office to avail of the loan in person.

Top 5 Women Luxury Watches With The Highest Loan Value

So many watches and so little time, do you relate, ladies? Well, watches are so much more than just a time-telling tool. It is a stretch of a woman’s personality and makes for a fine piece of jewellery too! So, for a watch to get included in a wardrobe, it must be functional and attractive. Although finding such a watch is no difficult feat, the task gets challenging when we add a third attribute: a watch should offer a high loan value. An impeccable quality, excellent design, and craftsmanship come in handy with almost every luxury timepiece.

luxury watches to high loan value

Yes! That’s the catch. To find that one timepiece that includes all the said characteristics and will also help you when you’re in need. For instance, if you ever need some quick cash, you can always take a loan against luxury watches.

So, do you know the best women’s watches that deserve your attention right away?

We have done the humble act of piling up the top luxury watches that can easily help you take a loan on watches. Not to worry, neither of them compromises on the style.

Without any further ado, let’s find out the names.

5 Best Luxury Watches With The Highest Loan Value

1. Audemars Piguet Royal Oak

Audemars Piguet watches are globally acclaimed and make a fine investment luxury watch piece. We suggest opting for the AP Royal Oak with an 18ct pink gold case paved with 124 brilliant-cut diamonds where the bezel has 40 yellow sapphires, orange spessartite garnets, and red garnets. The Grande Tapisserie dial with a smooth gradation looks stunning. Moreover, the perfect blend of red and orange tints enhances the watch’s elegance. Another thing that contributes to the aesthetic is the beige satin-finished strap with an 18ct pink gold AP folding clasp precisely set with fine brilliant-cut diamonds.

Audemars Piguet includes its name among the top 3 investment watch pieces of 2022, that further attests to its power to seek a good loan value.

2. Rolex Lady Datejust

Do you want something that is all shiny and glittery like gold? The Oyster Perpetual Lady-Datejust coming in a stunning 18ct yellow gold case makes for an exquisite choice. The watch has a diamond-paved dial and a diamond-paved President bracelet that adds the final aesthetic touch. The 28mm Datejust is a classic feminine timepiece long known for its style quotient and accurate functionality. The contrasting black Roman numeral markers on the dial perfectly contrast the yellow-gold hue and ensure the wearer takes centre stage on any occassion.

Rolex is another brand that secures a high loan amount. Also, they make for a popular investment choice that assures a high resale value.

Also Read: Top 5 Watches with the Greatest Pawn Value

3. Patek Philippe TWENTY~4

The Patek Philippe Twenty~4 quartz model reflects feminine elegance in a beautiful rose gold version with a chocolate brown sunburst dial. The rectangular watch case shape remains highlighted by two rows of diamonds. The refined dial features Arabic numerals and trapeze-shaped hour markers, all of which have a fine luminescent coating. The watch is attached to a finely polished bracelet that ensures comfortable look and feels on the wearer’s wrist.

Third, on the queue, Patek Philippe is another luxury brand that enjoys great attention in the watch world, both retail and pre-owned, for their incredible value retaining property.

4. Jaeger-LeCoultre Rendez-Vous

Combining the art of fine watch crafting with minimalism, JLC’s Rendez-Vous Day & Night is a model that immediately captivates attention with its clean and neat look. The Rendez-Vous Night & Day timepiece comes adorned in diamonds and mother-of-pearl. The watch comes with a steel bracelet that offers a firm yet comfortable grip on the wearer’s wrist. The watch has an open sapphire case back that gives a direct glimpse into the movement of the automatic Calibre. The dial has stunning day or moon-phase indicator, floral hour markers, and hands that further lend a graceful and contemporary look to the watch piece.

5. Cartier Tank Solo

When you think of a brand that excels in blending luxury jewellery with watches, Cartier remains headstrong and unmatched. So, it is only natural if the Cartier Tank Solo makes its way into the list of top luxury watches. The Tank Solo is most desirable for its classic aesthetic. It comes in a significant rectangular face with the dial displaying slanted Roman numerals and blued-steel sword-shaped hands. This makes it a noteworthy timepiece that is perfect for your regular wear and makes for a fantastic collection option too! You can take a loan for watches from a reputed watch buyer who will be willing to offer an impressive value for your Cartier timepiece.

CONCLUSION

Many watch brands are producing incredible quality watch pieces. But are all of them fetching a good return when you sell them or secure you financially? You probably know the answer already. This is why we have curated the list of top 5 luxury watches that will not just add grace to your existing collection but also secure you financially. This means; if you ever need some quick cash for whatsoever reason, you can easily take a loan against luxury watches to meet your requirements.

At The Luxury Hut, the officials provide INSTANT cash loans for luxury watches and offer the best possible loan value. If you’re looking for a loan, start by filling in an online form to get an instant FREE loan quote.

Also Read: Deal with the Leading Watch Shop in London to Buy, Sell & Pawn Watches

5 Rare Gold Coins in the UK with Surprisingly High Values

Coins are among the world’s rarest forms of currency. People have always been enchanted with valuable and rare coins. And coin collecting is a popular and profitable sort of collection. However, the value of a gold coins is widely determined based on several factors. It includes the surviving number, the initial number of the mint produced, the condition, the meltdown value/composition and more.

Well, you may possess a valuable piece of currency in your drawer without knowing it. So let’s take a look at some of the rarest and highly valuable UK coins that are worth looking out for.

rare gold coins

Nonetheless, are you wondering that pawnbroking coins or selling them can be the best way to secure some fast cash? Keep reading till the end to get your answer.

Edward III “Double Leopard” Gold Florin

This Edward III Gold Florin was minted in 1344, and you will hardly find the coin in regular circulation. If you are a metal detecting enthusiast, you can keep up the hope. The Edward II “Double Leopard” Gold Coin was excavated in 1857 in the River Tyne along with the other two coins.

The original value of this rare gold piece was six shillings or nearly 30 pence in the current money. However, the coin was sold privately in 2006 for about £460,000.

George V Penny 1993

You will be fascinated to know that the George V Penny 1933 is a ‘pattern coin’, which makes this UK coin so unique. This coin was actually an archetype that did not ever go into production. However, only four George V Penny gold coins are available.

Very few coins were in production in 1933 because the Royal Mint manufactured many coins the previous year. Nonetheless, this UK coin sold in 2016 for about £72,000.

George V Sovereign 1917

Minted during World War I in London, this coin was not particularly rare. This is because about 1 million sovereigns were manufactured for reserves of the Bank of England. Moreover, virtually all the coins helped pay for the war after being exported to the USA. They supposedly stayed in Fort Knox and eventually underwent melting to make bars.

In 2012, a George V Sovereign fetched £11,000 at an auction.

Elizabeth II 1983 Two Pence Gold Coin

These coins are rarer and highly valuable, thanks to a technical error. Sound interesting? The fact is that every coin until 1982 featured “New Pence” engraved on its rear side. However, after 1982, the mint production house changed the wording to manifest the coin’s value.

Interestingly, a series of two pence coins with wrong wording turned up in 1983. And the Royal Mint is not sure about the total numbers of the coins produced with this error. Well, the Elizabeth II 1983 Two Pence Gold Coins sold for more than £500 at auction.

Elizabeth II Bank of England 300th Anniversary 1994 Two Pound Coin

This Elizabeth II Two Pound Gold Coin turned up for commemorating the Bank of England’s 300 years. However, these coins are 22ct gold proof and are 1000 in numbers. Their value is about £2,500.

Well, you may not have these exceedingly rare gold coins in your collection. But you may have others, and the one in your drawer can be worth a significant amount of money. And your gold coin can indeed serve as an excellent asset to use as collateral for a pawn loan.

Get an instant loan against your gold from the trusted pawnbrokers online, The Luxury Hut. What you have to do is fill in an online form with details of your gold asset. Or call on 0207 242 9160 to obtain a free loan quote right away and book an appointment at our Hatton Garden office. Unlike many pawnbrokers, we pay spot cash.

Five Sparkling Gem-Set Luxury Watches from Watches and Wonders 2021

Watch enthusiasts and collectors across the world caught sight of brand new releases at Watches and Wonders 2021. Leading brands in the watchmaking industry, including Rolex, Patek Philippe and Cartier, turned up with their new 2021 novelties at this event.

However, besides the classic models featuring the signature style or design of respective watchmakers, Watch & Wonders 2021 also presented some super-stunning gem-set watches. Thus, So let’s glitter our eyes taking a look at some of the exclusively sparkling gem-set timepieces released at Watch & Wonders 2021.

Want to get a loan against your luxury watch? Get in touch with the trusted pawnbrokers in London at The Luxury Hut.

Jaeger LeCoultre Reverso One Precious Flowers

Jaeger LeCoultre introduced the sparkling Reverso One “Precious Flowers” as a new novelty in 2021. The watchmaker designed the watch taking inspiration from the “Roaring 20s”. However, the timepiece is wholly adorned with diamonds and flaunt purple arums on pink gold. According to Jaeger LeCoultre, the Reverso One Precious Flowers watch symbolises passion and charm.

Cartier Libre Baignoire

For 2021, Cartier introduced a magnificently artistic watch featuring geometric shapes. The geometric dial flaunts randomly snow-set brilliant-cut round diamonds, sapphires and anthracites. Moreover, You can also see the hexagon corners of the timepiece embellished with diamonds and sapphires.

Cartier has never let its fans and collectors down. Its high jewellery watches perfectly exemplify its ingenious expertise in watchmaking.

Vacheron Constantin Egerie Selfwinding Pink Gold

The new Vacheron Constantin Egerie Selfwinding watch debuted at the 2021 Watches And Wonders with an 18ct pink gold case. However, the 35mm pink gold case showcases an 18ct white gold dial adorned with round brilliant cut diamonds. Furthermore, What completes the classy look of the watch is a warm grey satin or dark brown alligator strap.

This Vacheron Constantin Selfwinding watch offers a power reserve of 40hours. Moreover, it has a calendar aperture, hours, minutes, stop-seconds device and a second in the centre.

Bulgari Allegra Cocktail Watch White Gold

The watch industry caught a glimpse of more colourful watches this year, and the new Allegra Cocktail model from Bulgari perhaps tops the list. However, it’s the watch’s case that takes the limelight.

The Bulgari Allegra Cocktail watch features multi-coloured cabochon and faceted gemstones in varying sizes on its case. However, the fascinating fact is that Lucia Silvestri, the creative director of Bulgari’s jewellery division, helped in choosing every gem used in the timepiece.

Featuring a unique design and colour case layout, the Bulgari Allegra Cocktail stood out at Watches & Wonders 2021.

Hublot Big Bang Integral Tourbillon

The Big Bang is among the most iconic and popular collections from Hublot. The watches of the Big Bang line are celebrated and coveted for their unrivalled sporty elegance. And with the new Big Bang Integral Tourbillon, Hublot takes it a notch higher.

The watch features an 18ct white gold case adorned with nearly 484 baguette-cut diamonds. Moreover, the watchmaker equipped the case back with a sapphire crystal and forty-eight diamonds. The diamond-set bracelet also complements the gem-set case.

The Luxury Hut London pawnbrokers offer a quick, secure and hassle-free way to get a loan against watches. Fill in our online form or call on 0207 242 9160 for an instant competitive loan quote.

Top 5 Watches that Boast the Highest Resale Value

What are the factors that determine a watch’s resale? Is it a brand’s compelling legacy or craftsmanship? Or does the value depend on the technicalities or inner workings?

Perhaps it depends on the materials, precious metals and the addition of diamonds. Or maybe the price fluctuates according to the number of celebrities or iconic personalities associate with a particular watch. However, the fact is –

A watch’s value is determined considering all the above factors. Watch experts always remain keen-eyed to track each minute change in price. Watches from leading giants like Rolex, Patek Philippe and Omega tend to retain higher resale value in the pre-owned market than others.

Continue reading below to explore the top five watches that hold the best resale value.

Want to get a loan against your watch in London? Get a free competitive loan quote instantly from The Luxury Hut pawnshop in London.

Rolex Daytona

Picture Courtesy: rolex.com

The Daytona is among the most iconic and coveted Rolex collection in the luxury watch industry. In 1963, Rolex introduced the Daytona as Reference 6239. Thanks to the tachymeter bezel, race car drivers could now easily measure their car speed per hour and production rates.

The Daytona Reference 6239 braced the wrists of the iconic racer and actor Paul Newman. However, many people began referring to Reference 6241 as the “Paul Newman” Daytona. This watch was one of the first models to feature exotic dials, and Newman was seen strapping one in a picture.

Today, watch collectors and fans consider this timepiece as the Holy Grail. Some of the Daytona timepieces having the highest resale value also include Reference 16520 and Reference 116506.

Patek Philippe Aquanaut

Picture Courtesy: patek.com

The Patek Philippe Aquanaut made its debut in 1997 and attracted young, sportier collectors. The first Aquanaut model was Reference 5060A featuring a rounded octagonal 35.6mm case. Moreover, the watch could accompany you underwater up to a depth of 120m.

The Aquanaut features a black guilloche dial and saltwater, bacteria and UV-resistant “tropical” strap. However, some popular models with high resale value include Reference 5167A-001/5167A and Reference 4960.

Rolex GMT-Master II

Picture Courtesy: rolex.com

Another iconic collection from Rolex is the GMT-Master II. Rolex designed and produced the GMT-Master to meet the needs of Pan American World Airways. In 1954, the GMT-Master Reference 6542 made its debut as part of Rolex’s professional collection.

Rolex released the GMT-Master Reference 1675 in 1959. Interestingly, it was the first model to have the words “Superlative Chronometer Officially Certified” engraved on the dial. Later in 1983, the Reference 16760 debuted with a rotatable bezel. It tracked the time of a third-time zone.

Some noteworthy GMT-Master II models include the blue-&-red bezel “Pepsi”, black-&-red bezel “Coke”, gold-&-brown “Root Beer” and blue-&-black “Batman”. These are some of the most coveted Rolex models with the highest resale value.

Omega Seamaster 300 Master “Spectre”

Picture Courtesy: omegawatches.com

Omega released the Seamaster 300 “Spectre” to celebrate the brand’s collaboration with the James Bond franchise. This 20th anniversary Seamaster debuted as a limited edition timepiece, pairing the popular Bond NATO strap. The watch also featured a black bi-directional bezel and a “lollipop” seconds hand.

Daniel Crag strapped the Seamaster “Spectre” in the movie Spectre that hit the theatres in 2015. This particular Omega watch is popular and highly coveted among watch collectors and James Bond fans alike.

Rolex Submariner

Picture Courtesy: rolex.com

The iconic Rolex Submariner needs no introduction – another cornerstone collection that elevated the standards of luxury watchmaking. Rolex released two Submariner watches in 1954 – Reference 6204 and Reference 6205. They were the first watches with acclaimed water-resistant ability up to 100m.

Over the years, Rolex has upgraded the collection adding Cyclops lens, bi-metal versions and improving water resistance to 300m. However, Submariner’s appearance in James Bond films has also significantly contributed to the watch’s desirability.

Do you own a Rolex Submariner and want to raise some fast cash? Get in touch with The Luxury Hut pawnshop in London now and secure a loan against your watch right away.

Whether it is a vintage Sub or a contemporary model, you are likely to secure the highest credit amount for your watch. Fill in our online form with all the details of your Rolex watch. We will contact you immediately with a competitive quote.

For any enquiries on how our loan process works, call on 0207 242 9160 now.

Ballet & Jewellery Got Hitched Quite Elegantly by Van Cleef & Arpels

The passion and love for ballet have let Van Cleef & Arpels create magnificence in their new ballet jewellery collection. They have come up with exquisite timepieces, ballerina clips, classic repertoire and more.

Van Cleef & Arpels

This collection is one of the much-anticipated ones as history connects ballet with Van Cleef & Arpels pretty intently.

The History That Ties to this Wonderful Ballet Selection:

Ballet has been an intrinsic part of this esteemed jewellery house for almost 100 years now. Louis Arpels, one of the co-founders, was quite passionate about dance and his nephew Claude often accompanied him to the Opéra Garnier. It was close to the brand’s boutique on Place Vendôme.

Picture Courtesy: vancleefarpels.com

There, in the gilt and royal auditorium, they watched many shows as ballerinas twirled and leapt across the stage. Every movement was like a demonstration of strength, poise and elegance. These remembrances were relatively fresh in mind, like floating images of the performances. Back at the workshop, Arpels toiled by envisaging their fluid movements and sophisticating tutus in the sparkle of precious metals and gemstones and brought the ballerinas back to life once again.

Ballet Précieux High Jewellery Collection:

In honour of the 40th anniversary of ‘Jewels’, the most significant ballet of the 20th century, Van Cleef & Arpels has created the Ballet Précieux High Jewellery selection. This collection proudly highlights the beauty of rubies, emeralds, and diamonds.

Picture Courtesy: vancleefarpels.com

To retain the importance of dance in the collection, they primarily worked with Benjamin Millepied, a former principal of the New York City Ballet and founder of the LA Dance Project company. This brilliant collaboration culminated in creating the Gems trilogy, an actual work of art that complements Balanchine’s choreography explicitly.

The Ballerina Watch Collection:

The ‘Jewels’ was the key focus of the complete collection. Van Cleef & Arpels is so influenced by the whole ballet idea that they have also introduced the latest watch collection with the same spirit. They have endeavoured to recreate the three ballet masterpieces on people’s wrist, which is exceptionally stunning. Just as Louis Arpels brought the ballerinas to life through the priceless diamond clips and other jewellery pieces, the brand’s artisans, enamellers, and watchmakers have successfully recreated the entire ballet performance right on the dial with ballerinas, music, choreography and what not.

They have created magic that can be worn in the hands. On the watch, the baroque-style dial represents the theatre stage. Here, the drapes draw apart to exhibit ballerinas’ miniature paintings.

Picture Courtesy: vancleefarpels.com

This is a stunning 20-second musical animation that can be activated whenever you want by a pusher at 4 o’clock. Much more than just any timepiece, this innovation of Lady Arpels Ballerines Musicales is an artistic performance in miniature.

Lady Arpels Ballerine Musicale Rubis timepiece made a performance on the famous Stravinsky’s Capriccio. However, you can hear more than 92 notes of the piano piece. This is the ultimate jaw-dropping feature of the complete collection.

Loan Against Your Jewellery When You Need Fast Cash:

If you are looking for a trusted pawnshop for your jewellery, we might be the right option. You can also get a loan against diamond jewellery quickly and get the highest possible amount of credit loan in the market.

Just provide some information and get a free estimate in minutes on your phone or via email. We also offer easy and free home pick-up when you pawn jewellery with us. Connect with us to learn more about how fast you can pawn your jewellery with us, visit: https://www.theluxuryhut.com/loan-against-jewellery/

4 Things You Should Know About Pawnbroking

Pawnbroking is a simple and straightforward way to raise some fast cash using anything valuable as collateral. Indeed, it is a much easier and hassle-free way than other traditional methods of getting a loan.

4 things you should know about pawnbroking

A pawnbroker allows you to borrow cash based on your collateral’s value. You will obtain an instant pawn loan without any credit checks.

However, today professional pawnbrokers in London or any other big cities are continually working to make the pawnbroking process more comfortable and convenient than it has ever been.

Thus, more and more people today from all walks of life are looking for trusted pawn shops to secure a pawn loan and meet their short-term financial needs quickly.

Thus, for those who are not acquainted with the process of pawnbroking, here are some of the essential things you should know before heading out to a pawnbroker for a collateral loan.

Best Way to Raise Instant Cash

People often face the need to raise some fast cash, maybe to pay bills, invest in a new asset or to finance a vacation.

Thus, one of the best ways to obtain a little extra cash is by choosing to pawn a luxury asset. However, a pawnbroking loan is the most convenient choice for those with poor credit history.

When you bring in an item of value, your pawnbroker will evaluate your asset precisely. He/she will make a cash loan offer based on the current market value of the pawned item.

If you accept it, the pawnbroker will pay you instantly and keep the collateral securely for the contract period.

Assets you can pawn

Customers can typically consider anything valuable as collateral for a pawn loan. But it is essential to keep this mind:

  • The assets accepted as collateral may vary from one pawnbroker to another.
  • Thus, before deciding on a particular pawnbroker, it is essential to check what assets the pawnbroker accepts to lend.

However, items that are universally accepted include precious jewellery and luxury watches.

And The Luxury Hut pawnbrokers London is the only name to trust if you want to secure the highest possible amount of credit loan against watches, diamond or gold jewellery.

Pawnbroking Loans

The maximum tenure of a pawn loan is usually six to seven months. The Luxury Hut pawnbrokers in London lend against luxury watches, diamond and gold jewellery.

Customers are required only to provide valid ID proof to enter an agreement with us.

  • Once you accept our loan offer, sign your pledge receipt, and we will pay you instantly.
  • However, you will have to make a single payment at the end of your loan term.
  • A customer will pay only the interest for the loan months he/she borrowed for.

Moreover, you can retrieve your collateral any time within the loan term, paying off the loan amount and the interest due.

At The Luxury Hut, we do not have any hidden charges or early retrieval fees.

Know the value of your asset

At The Luxury Hut, our expert evaluators assess an item that customer want to pawn precisely. We determine its accurate value, considering its condition, age, brand, metal, and other relevant factors.

We make a final competitive cash loan offer based on the current pre-owned market price.

However, it is essential to know the value of your asset before bringing in to any pawnbroker.

Thus, if you want to know how much your item is worth, fill up this online form now and get a free valuation.

Moreover, for those who are wondering how much you can borrow against your item.

Or call us at 0791 747 2203 for an instant appraisal over the phone or to book an appointment at our office in Hatton Garden, London.

The Luxury Hut pawnbrokers in London aim to beat any high-street pawnbroking rate. Thus, get in touch with us today.

4 Popular Breitling Navitimer Watches

Breitling has been one of the world’s most successful and recognised watchmakers. The brand has been a golden standard in the luxury watch industry, initially established in 1884 for meeting the needs of aviation professionals.

4 popular breitling navitimer watches

Since then, Breitling watches have been known for their top-notch performance and precision.

And the classic Navitimer is ideally the most iconic and well-recognised chronograph of the brand’s lineup.

Watch aficionados can hardly ignore the unique charm and personality of the Navitimer.

Interestingly, if watch lovers are asked to make a list of some iconic luxury watches, the Breitling Navitimer will ideally rank fourth or fifth following up the models like the revolutionary Rolex Daytona, the iconic Submariner and the Omega Speedmaster.

Thus, let’s today explore some of the famous and well-known Breitling Navitimer references that cherished and coveted by collectors for timeless aesthetic and persona.

Breitling Navitimer 01

The Breitling Navitomer 01 comes in contemporary case diameter, yet staying true to its original.

This pilot’s watch features an oversized 43mm case diameter with 14.6mm thickness.

  • However, the dial typically flaunts index hour markers, polished hands, printed seconds and fractions of seconds track.
  • There is also a big central red seconds-hand that tracks time up to 1/4th per second.
  • Moreover, the Breitling Navitimer 01 houses the brand’s patented Calibre B01.

It is a column-wheel self-winding chronograph that is fitted with 47 jewels and offers 70hours of power reserve.

Breitling Navitimer World

The Breitling Navitimer World features a 46mm stainless steel case with 15.5mm thickness.

  • The brand offers the model in different dial variations like silver-toned index markers on a black dial or a blue dial.
  • However, the watch comes with a large red arrow-head hand that indicates a Second Time Zone.

The Navitimer World watch sports a Slide-Rule bidirectional turning bezel.

It helps in calculating several things like nautical kilometres or miles, climbing times or fuel consumption.

Breitling Navitimer 1461

Next on this list, we have the Breitling Navitimer 1461 that features a 46mm steel case size.

Interestingly, the watch flaunts an exclusive blue “Aurora” dial, as well as sub-dials.

  • However, the dial comes with applied steel luminous index hour markers, polished luminous-filled steel hand, and seconds & a fraction of seconds track.
  • The Navitimer 1461 also comes with a large arrow-head red hand and the Slide-Rule bezel complication.
  • Moreover, the watch is equipped with 38 jewels and has nearly 42hours of power reserve.

Breitling Navitimer Cosmonaute

And on number four, we have the exclusive Breitling Navitimer Cosmonaute, designed especially for space travel.

Breitling fitted the model with a 43mm stainless steel case in satin/matte finish and has 13.85mm thickness.

However, the manufacturer treated the steel case with a durable carbon-based black finish.

Now:

The matte black dial displays the time in a 24-hour format, designed exclusively for space voyages.

  • The fact is that the 24-hour mode helps the astronauts from any confusion between AM and PM.
  • Moreover, the Breitling Navitimer Cosmonaute features the bi-directional Slide-Rule turning bezel.

The watch consists of 39 jewels and offers power reserve up to over 70 hours.

Are you looking to pawn your luxury watch in London?

For those who are looking to pawn luxury watches and raise instant cash, get in touch with the trustworthy pawnbrokers in London at The Luxury Hut.

We at The Luxury Hut offer a secure and straightforward way to pawn luxury watches online or via appointment.

As the trusted pawnbrokers in London, we aim to lend the highest amount of cash loan against any luxury watches pawned with us.

With expert evaluators always on hand, we determine an accurate price of a luxury watch, considering all essential aspects and current market price.

Are you wondering can you pawn a Rolex watch? Then, the answer is yes.

Our process of pawnbroking is simple and convenient. It may take as little as some hours to complete.

  • Fill up our online form
  • Receive a free competitive quote
  • Send your watch or bring in at our office in Hatton Garden, London (by appointment)
  • Get your final cash offer
  • Accept it & get paid within minutes.

Call us on 0791 747 2203 for an instant appraisal over phone or to book an appointment.

Why a Gold Loan is a Better Option to Get Extra Cash?

A gold jewellery piece can represent strong emotional ties, but it is also a significant investment. Whether it is broken, tangled or in any worst condition, gold is gold. It is worth money.

Gold Loan is a Better Option to Get Extra Cash

However, today it’s worth more money than it ever has been. Thus, pawning your gold and getting a loan against it is an excellent way to raise some extra cash instantly.

Although getting the best possible deal is not always easy, many trusted pawnbrokers in London like at The Luxury Hut ensure to offer a fair quote and eventually, the best possible amount of cash loan against gold.

Thus, you can choose to pawn gold with full confidence and secure maximum cash for gold justify away without any hassle.

Here are four reasons why the gold loan is a better option to raise extra cash. Have a look!

Quick and Easy process

You can pawn your gold jewellery with any reliable pawnbrokers in London or any other big cities and get instant cash for gold quickly. Your pawnbroker will evaluate your precious asset precisely, considering all relevant aspects and current market price.

He/she will make you a cash loan offer. Accept it and get paid immediately. However, The Luxury Hut pawnbrokers gold provide a simple, quick and secure way to get a free instant quote.


No credit checks

Unlike a bank loan or any other traditional lending institutions, pawnbrokers do not carry out any credit checks before approving you a loan. The pawnbroker will lend you money based on the value of the gold jewellery item you leave as collateral.

If you are satisfied with the amount of cash loan for gold offered to you, your pawnbroker will only ask to provide proof of ID and sign a pledge receipt to enter the agreement.

Flexible repayments

Customers can pay their gold loan any time within or after the contract expires, by paying off the original loan amount and its interest due. However, you will not have to pay any early redemption charges if you retrieve your loan before your loan term ends.

Default on your loan will not affect your credit score

The Luxury Hut London pawnbrokers offer 14days cooling off time after a contract expires. You have to draw out the agreement within this time and pay the interest for the loan term.

However, the best part is that the pawnbroker may help you to renew your loan if you fail to retrieve your asset within the time mentioned above. You will get a new contract, and an added seven months to pay back the loan against gold.

Are you ready to pawn your gold? It is fast and straightforward.

If you are looking to get an instant gold loan, begin the process by –

Filling up our online form and get an initial price quote.

If you are satisfied with it, send your gold jewellery to us. Or, call us on 0207 242 5411 to book an appointment and visit our office in Hatton Garden, London with your asset.

Expert evaluators at The Luxury Hut are always on hand to offer seamless service to customers who are looking to get a loan against gold. We will make you a final cash loan offer. Accept it and get paid immediately in cash or via your preferred method of payment.

What is a Pawn Shop?

The origin of a pawn shop can be traced back to 3,000 years when the practice of acquiring credit was common among the peasants. Pawnbroking is one of the oldest professions of the world. Individuals from all walks of life have utilised the services provided by pawnshops throughout the history. While the business model of a pawn shop was once misunderstood, it flourished today as a significant alternative to any other traditional ways of borrowing cash.

What is a Pawn Shop

In fact, pawnbrokers have a long and highly esteemed history of helping people as well as businesses in financially distressing condition.

How does a pawn shop work?

For many years, people across the world have confronted one problem in common from time to time, and that is, the need for quick cash. A pawn shop is a convenient and absolutely, a legitimate place to secure credit loan right away keeping anything of value as collateral. Unlike banks or other traditional lending institutions, a pawnbroker provides a pawn loan without carrying out any credit check.

A pawnbroker determines the amount of cash loan that he/she is willing to offer, based on the current market value and other relevant factors of the asset kept as collateral. If you accept to go ahead with the agreement, the pawnbroker will provide you with a credit agreement and keep your asset safely in secured vaults until you retrieve your item paying off the original loan amount and the due interest.

A Brief History of Pawn Shops

As per the Chinese records, the practice of pawnbroking can be traced back to the beginning of the Western Han Dynasty in 206 BC. While pawnbrokers were significantly more generous in comparison to the modern Western pawn shops, borrowers were able to take up to three years to repay their loans at the fairest interest rates.

The process of pawnbroking started to bloom during the Middle Ages. Pawnbroking was introduced in England by The Norman Conquest, while the Lombardy region of Northern Italy became identified as the seedbed of pawnbroking. A pawn shop is often referred to as ‘Lombard’ in Europe and ‘Lombard Banking’ was a universal term for pawnbroking.

With the condition of lending money at the modest rates of interest, the Catholic Church approved many old pawn shops to work for helping the poor. In the late 19th century and early 20th century, the number of pawnbrokers increased as much as public buildings in Britain, lending money on virtually anything from bed linen, cutlery to the best wardrobes.

It was not that long ago when pawnbrokers were negatively portrayed in the press. The image of pawnbrokers has dramatically changed, especially over the past twenty years or so and today, many people depend on a high street pawnbroker to help them meet their short-term financial needs.

The Process of Pawnbroking Today

When you walk into a pawn shop to take out a cash loan against a luxury asset, the pawnbroker will assess your item explicitly to determine an accurate value based on its overall condition and the current market price. Your pawnbroker will provide you with a credit loan for a specific term without checking your credit history. While there is no minimum period for a pawn loan, the maximum tenure is generally six to seven months.

You can reclaim your asset by paying off the full loan amount along with the interest that was agreed upon by the end of your loan term. Although any trustworthy pawnbroker in London or any other big city usually offer 14-days cooling off time to draw out an agreement, the asset kept as pawn will become the pawnbroker’s property if you do not wish to retrieve within the time mentioned above.

For those who are unable to redeem their item, a pawnbroker may help to get a new contract, extending the loan term. You will only have to pay back the interest you owe.

Although the rules and regulations governing the pawnbrokers may vary from place to place, all pawnbrokers are today heavily supervised and required to get a license for trading from the Financial Conduct Authority.

If you are looking to raise instant cash and own something valuable, begin your search online and choose a reliable pawnbroker in London or anywhere in the UK to secure a pawn loan without any hassle.

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