5 Investment Worthy Luxury Watches With Brilliant Dials

Just as you select your jewellery pieces with the utmost deliberation and thought, your watches also deserve similar attention. Buying a new watch can feel intimidating with many options, styles, functions, and designs. You need a guide as you wander this new unexplored terrain, unsure which is the best watch to buy or is worthy of attention. And we’re here to assist you!

Luxury Watches With Brilliant Dials

But before we share the list with you, let’s understand one thing. Do you want a nice watch with unique features that will please you every time you look at it, or do you want a watch with benefits? We just want to state the options you have. People these days are keen on purchasing watches that yield great investment returns. For instance, investing in a popular luxury watch brand will help you financially as you can take a loan against luxury watches to meet any short term financial need.

But this choice is completely personal and a little difficult as one can wish for both! And also, you do not necessarily have to compromise with the design or look if you invest in a watch to reap the investment benefits.

So, here’s our list of top investment-worthy luxury timepieces that will catch your attention immediately with their MASTERPIECE DIALS!

5 Best Luxury Watches With Extraordinary Dials

PATEK PHILIPPE

MODEL: ‘Millenary Frosted Gold Philosophique’

Single-handed pocket watches were prevalent in 1982. Audemars Piguet brought it back with a beautiful creation, the ‘Millenary Frosted Gold Philosophique’ watch. It is a one-handed timepiece for ladies and has only one single hand to denote the hours. Moreover, the hour hand doesn’t rotate in a circle, but it follows the oval case shape. This intriguing movement is possible because the hour hand moves on two axes. There’s an axis at the bottom of the hand, which sits on the outer perimeter of the dial’s rotating disc. Truly an elegant complication!

Another thing that stands out is the dial. Available in either pink or white gold, the Millenary Frosted Gold Philosophique timepiece has a striking contrast case of granular frosted gold, surrounded by mirror-polished surfaces. This creates an amazing display.

The dial design draws its inspiration from Florentine jewellery, and the brand uses a sharp tool to create tiny dents on the gold dial surface. Moreover, an irregular hammer-like surface finishes the case decoration.

ROLEX

MODEL: ‘Oyster Perpetual Datejust 31’

Rolex truly needs no introduction. Whether it is the watch or dial design or innovative specifications or investment value, Rolex is a standout. With its fine glamour, the Lady-Datejust collection enjoys a fair deal of popularity in the industry that sheds light on its style and technical excellence. The Oyster Perpetual Datejust is a classic feminine timepiece that Rolex upgraded in 2018 by including a new calibre. One of the most innovative models is the 278289RBR with a white romantic dial.

The watch has a 31mm white gold case beautifully adorned with 46 diamonds on the bezel, a winding crown, and a closed case back. The dial is truly a star-studded affair! It looks extravagant, set with 262 glittering diamonds and Mother of Pearl butterfly designs with no hour markers, a date window at 3 o’clock, and rose gold hands.

The white gold president bracelet that sits firmly and comfortably on the wrists adds to the overall appeal. Ladies prefer the best of both worlds, and the Oyster Perpetual Datejust 31 Ref. 278289RBR delivers it seamlessly and accurately.

VACHERON CONSTANTIN

MODEL: ‘Les Cabinotiers Singing Birds’

Imagine a songbird on your wrist? Vacheron Constantin has effortlessly made this possible with the ‘Les Cabinotiers Singing Birds’ timepiece. Several watch brands have crafted and designed high complication timepieces, but the Les Cabinotiers Singing Birds is a mystical creation. Four watch variants depict a blue tit, blue jay, hummingbird, and a robin. The fine art of decorating cases with enamel goes back to history, and Vacheron Constantin, a vivid practitioner of the art, has rightly portrayed a high quality of enamel work.

The gorgeous dial employs the champlevé painted enamel technique, and the result is a brightly-feathered aesthetic with a wonderful display. The bright images of the birds are in champlevé enamel, a type of grand feu technique in which the cells are engraved into a metal surface and then filled with enamel.

The watches have a two-tier dial comprising the guilloche area and the enamelled layer where they show the time using a ‘wandering hour’ complication. There are numerals printed on the hidden satellite carrier that denotes the hours. Over an hour, the satellite swifts across an arc on which there are the minute markers.

CHOPARD

MODEL: ‘L.U.C XP Urushi Year of the Rat’

When you combine the ancient Japanese art of Urushi with Swiss watchmaking’s most refined expression, you get the ‘L.U.C XP Urushi Year of the Rat’ watch. Chopard created only 88 pieces of this Limited Edition timepiece that marks the annual celebration of a new Chinese calendar cycle. The Chinese calendar cycle begins with a year of the rat. Taking this into account, the luxury watch brand tells the story with an expressive dial brimming with similar imagery. The dial is completely hand-crafted and employs the traditional Japanese lacquer technique ‘Urushi’. The process combines lacquer with gold dust.

The dial shows a golden rat standing on an ear of corn that symbolises abundance. It is standing in front of khaki, a fruit that is plucked in winter and denotes longevity. The watch face also has a bouquet of three lucky flowers of its zodiac sign: gold, green & blue. Overall it means that the rat is passionate, intelligent, charming, and resourceful, and also a generous family member and loyal friend.

Chopard created this for only 88 dials, reflecting the brand’s deep-felt attachment to celebrating artistic crafts.

CARTIER

MODEL: ‘Metiers d’Art Ronde Enamel Filigree’

Cartier’s ability to create artistic watches is unmatched, and it is something that secures a critical part of the brand’s identity. Whether the mystery clocks or the extravagant Panthere designs, the jeweller-watchmaker has always stunned the collectors with their watchmaking precision. By amalgamating the best of their craft, Cartier has designed a timepiece that explores creativity like none. The Metiers d’Art Ronde Louis Cartier Enamel Filigree combines filigree with enamelling, where the artisans first create the artwork.

The dial frame shows a panther in a bamboo forest amidst a snowy evening. The backdrop shows the sky and bamboo, and the Panther’s has black enamel spots on its body. The black spots are of gold wire into which they inject the enamel. However, the design of the bamboo is different. In this case, they heat the enamel to create the bamboo’s green glass, which stretches to create a unique bamboo texture. The bamboos are placed onto the dial with gold knots.

The watch offers a sight to behold and is truly a reflection of Cartier’s brilliant artistry. Cartier has designed only 30 pieces of this exclusive timepiece.

CONCLUSION

If you were waiting for the perfect luxury watch, we bet the above timepieces with their masterpiece dials must have convinced you by now. Also, not to mention the amazing investment value of each brand! Whether a Rolex or AP, or Cartier, each luxury watch brand offers a high investment return. You can even take a quick loan against fine luxury watches from reliable pawnbrokers in London in times of crisis.

At The Luxury Hut, the experts offer an INSTANT cash loan against luxury watches. Get a free loan quote by filling in the online form today!

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.

How To Make Quick Cash From Your Luxury Watches During The Pandemic?

The COVID-19 situation has taken a toll on people all around the world. The pandemic has given rise to a lot of financial stress, and it is becoming increasingly difficult for everyone to deal with the rising everyday costs. To top it all, there are other worries like the never-ending medical bills, job loss, business closures, shrinking budgets and what not!

In such a scenario, the one thing that we need the most is an emergency fund. But, the question is how?

Quick Cash From Your Luxury Watches

Did you know that you can get immediate cash for your luxury watches? Yes! The watches you had once bought to flaunt on your wrist can drag you out of a crisis. You can get an instant loan against watches when the need arises. And the best part is that you do not have to step out of your home to do it.

There are reliable pawnbrokers in London who can turn your luxury watches into instant funds. You can visit The Luxury Hut to pawn your luxury watch and get a quick free valuation.

The company has been in the pawn-broking business for a long time and has helped numerous people during financial distress.

How do they work?

As trusted luxury watch buyers in London, the experts buy pre-owned luxury watches at unbeatable prices. The watch buyers lend instant cash against your luxury watches and aim to provide you with the best possible price.

In the light of the ongoing pandemic situation, it is of utmost importance to maintain the various safety protocols. Unlike many others, the officials at the Luxury Hut offer Contact Free home collection, which means you, can get the money by sitting at home!

Follow 3 simple steps to start with the loan process:

  • Submit an online form
  • Get an instant FREE quote
  • After collection and evaluation, get IMMEDIATE CASH

The Luxury Hut brings their 40 years of combined experience in dealing with pre-owned luxury watches to provide a transparent and fully secure service at every step of the pawnbroking process. During hours of the cash crisis, all you need is to get paid instantly in a hassle-free manner.

Being one of the leading pawnbroking services in London, the expert evaluators lend instant cash and offer high-end customer service so that you can get your loan effortlessly.

What makes them unique?

What happens when you need instant cash but do not have the document or papers related to your luxury watch? At The Luxury Hut, you will get an instant loan, with or without documents and without any credit checks!

They are straightforward pawnbrokers who carefully evaluate your luxury watch’s condition, brand, age, and metal to offer you the best competitive price.

What is the loan period?

You can loan against your luxury watches for up to 7 months. Customers need to provide valid ID proof for every agreement to make a deal with the experts.

Some additional details:

  • No hidden charges
  • Pay interest only for the loan period
  • No early retrieval fee or other charges

A common question: Is it legit?

Based in Hatton Garden with some of the most experienced watch valuators in the UK, The Luxury Hut is an authorised member of The National Pawnbrokers Association. The company takes great pride in lending instant cash, support, and high-end customer service to all the esteemed customers.

You can rest assured that trustworthy watch buyers will keep your luxury watches in a fully secured vault during the contractual period.

Why choose The Luxury Hut for getting quick loans?

  • Reliable

The Luxury Hut is a reliable company that specializes in pawnbroking watches, jewellery and diamonds. The Financial Conduct Authority regulates them for Pawnbroking.

  • Fast & Secure

They will provide you with the fastest credit loan amount without any credit checks in case of urgent cash need. They pay on-spot!

  • Transparent

The loan terms are transparent. You can retrieve your watch anytime without paying any additional amount. This means you pay only for the loan period and not afterwards.

  • Best Price

As one of the best in the pawnbroking market, the evaluators at The Luxury Hut aim to offer you the highest loan amount for your luxury watch. They are constantly updated with the current market prices and quote the best value for your asset.

  • Safe

Not just financially, but The Luxury Hut promotes Contact-Free Home Collection to ensure the complete safety of the customer. They offer a pre-paid shipping label to help you send the asset. You can also book an appointment at their Hatton Garden office in London.

Visit the website to fill out the online form or call 0207 242 9160 to get in touch today!

Are you looking to pawn your luxury watch? If yes, contact the expert pawnbrokers at The Luxury Hut to get an instant free quote for your asset today.

4 Powerful Reasons to Loan against Gold for Quick Cash

No matter how much you plan for your finances, one situation is enough to force you to take a loan. Multiple loan options are flooding the market to fulfil your financial needs. While all these loans, such as Business loans, personal loans, student loans, property loans, and automobiles, can meet the requirements, there is nothing like a loan against gold.

Gold Loan beats all of them in four specific things. They are:

  • Speed
  • Convenience
  • Low-Interest Rate
  • Security

Gold has a unique value as an asset class. And, why not!

Over the years, gold has become a vital investment product, and more and more people are now interested in investing in loans to earn quick cash later.

If you need some fast cash but don’t want to sell it for emotional attachment, you can always pawn against your gold asset. The experts at The Luxury Hut will give you a free instant valuation for your gold. As the value of gold is always stable, the precious metal is sure to fetch you a lump sum loan amount.

More than often, people hesitate to opt for gold loans. Hence, one needs to learn about the multiple benefits one can unlock.

Top 4 reasons to take a gold loan are:

1. Low-Interest Rate

Gold retains its original value for a very long period. This property makes it a liquid asset that can quickly be sold or bought. People consider gold as a long-term investment as there is little or no risk to lose your money.

And, thanks to the gold loans, it has become increasingly easy to convert your gold into cash. All you need to do is find a suitable company that will lend you gold at a lower interest rate if a situation arises that requires you to have liquid cash, loan against gold quickly and easily.

2. Convenience

Gold is an asset that always enjoys a high market value. When you buy gold jewellery, you can sell it at the original price or even a little extra. And, if you want to take a gold loan, you can expect to get a good value for it.

Consider pawning your gold instead of selling it. This way, you can capitalize on the gold multiple times instead of just selling it for a one-time profit.

3. Speed

When in urgent need, of course, you would want to get an instant loan without much wait. This is another reason that contributes to the popularity of gold loans. The transaction requires less time, and you can quickly get the amount.

4. Security

This is perhaps one of the essential concerns when seeking for loan. Gold retains its value and is also a great way to pass wealth through the generations. It is more like an international currency that is sold anywhere at any time.

Are you ready to loan against your gold? You can contact the gold evaluators at The Luxury Hut to receive an accurate valuation for your asset.

How to Determine the Value of Your Diamond?

Are you looking to borrow money against your diamond jewellery? If yes, then you must be wondering how much the precious gemstones are worth today.

Well, it might seem pretty daunting to determine a diamond’s value. However, some apparent factors can help you estimate the worth of these precious gems. At The Luxury Hut pawnshop in London, we aim to lend the highest amount of credit against any diamond jewellery or loose diamonds.

value of your diamond Jewellery

We consider all the essential factors in evaluating an accurate value and the final credit loan amount we are willing to offer for your precious diamond. However, for your basic understanding of the way experts evaluate a diamond’s value, we have jotted down three of the most significant factors.

Take a look!

The 4 C’s of a Diamond

Diamonds are graded based on the four C’s, and they are the primary factors that you should consider to determine the gemstone’s value.

  • Cut – The best diamond cut will refract light more forcefully. Eventually, it makes the diamond look more sparkling. However, the cut of a diamond is not determined naturally.
  • Carat – This is one of the four C’s that even non-professionals can understand easily. It refers to the weight and size of a diamond (1ct = 1/5 of a gram).
  • Colour – The more colour you see on a diamond, the less valuable it is. However, in the case of fancy coloured diamonds, it is different. The actual selling point in fancy coloured diamonds is the colour.
  • Clarity – Experts determine a diamond’s clarity based on the inclusions present within the gemstone. Thus, they inspect these precious gems under 10X magnification. Look at your diamond through naked eyes; it may appear flawless. But it can possess slight inclusions.

You may have now acquired a basic knowledge of the four C’s of a diamond. However, the fact is you will still require an expert evaluator to determine the accurate grading and value of your diamond.

Diamond certification

The best way to determine your diamond’s value is always by getting a free quote from trusted diamond experts like The Luxury Hut. Diamond jewellery comes with a certificate that mentions the gemstones’ grading based on the 4 Cs.

Most diamond jewellery certifications come from GIA (Gemological Institute of America), AGS (American Gem Society) or WGI (World Gemological Institute). Make sure that you retain the certificate of your diamond. They help in selling or getting a loan against diamond jewellery easier.

The fact is the certificate will help you know precisely how much you are likely to expect for the cut, colour, carat and clarity of your diamond. Submit all these details by filling in our online form and get a free accurate valuation instantly.

The precious metal & other gems (if any)

When it comes to selling or pawning your diamond jewellery, another significant factor you should consider is the jewellery that comes with the stone. For instance, your engagement ring can be made of platinum, gold or white gold. Moreover, it may also have other precious gemstones on the band. To determine your diamond jewellery’s worth, you have to consider the quality of the metal and other gems (if any).

However, the entire process of evaluating a diamond’s worth can seem complicated for any layperson or non-experts. Thus, if you want to ascertain your diamond’s value, get in touch with experts.

With The Luxury Hut pawnbrokers London, you can know your diamond’s accurate value and get the highest possible loan offer if you want to pawn your diamond. So fill in our online form with details of your precious stone or jewellery. One of our associates will contact you shortly with a free quote via phone or email.

4 Items that You Can Always Pawn at The Luxury Hut

Do you want to raise some fast cash? If yes, get in touch with any trusted pawnbrokers in London and secure a quick pawn loan against a valuable asset.

Pawnbrokers lend against any asset that holds value. However, the items accepted as collateral for a pawn loan usually vary from one pawnbroker to another. But there are a few common items that virtually every pawnshop in London or other big cities accept as collateral.

Pawnbrokers in London

Read on to find out the assets you can always pawn with any pawnbrokers near you, like at The Luxury Hut.

Jewellery

One of the most common things that people use as collateral for a pawn loan is jewellery. Gold and diamond jewellery will always fetch you a hefty sum.

You may have inherited some jewellery and have an emotional attachment to it. In such an instance, the best choice for you will be to take it into a pawnshop in London and get a quick cash loan against your jewellery. You can retrieve your asset after your loan term ends.

If your jewellery is tangled or not in good shape, it won’t be a problem as you may think. Precious metals like gold are always valuable in any form. Moreover, gemstones and precious metals can be pulled off damaged settings.

Diamonds

If you have loose diamonds or a diamond jewellery piece, you can quickly raise some fast cash against it at a pawnshop. Diamonds are forever; they never go out of style. Thus, you can always use your diamonds as collateral and get a substantial amount of cash loan against it.

Diamonds are girls’ best friends, signifying that they always have high demand.

Luxury Watches

Luxury watches serve as valuable assets to use as collateral. Watches made by elite brands like Rolex, Patek Philippe & many more retain excellent value over time. Thus, they always enjoy a higher demand in both the retail and pre-owned market.

It is easier to secure a loan against watches from these top brands than any other timepieces. Moreover, if your timepiece is in excellent condition, you will likely get the highest cash loan offer from professional pawnbrokers in London like The Luxury Hut.

Designer/Branded Items

Designer or branded items are always sought-after even if it goes out of style. For example, a Hermes bag may not be today in hot popularity. But it can still fetch you a top price. Moreover, if you have adequately taken care of your branded item, it can add more value to your asset.

In a hard-up situation, you can take your designer item to your local pawnshop with confidence and walk out, securing a substantial cash loan amount against it.

So if you want to get a loan against jewellery or watches, get in touch today with the trusted pawnbrokers in London at The Luxury Hut. From getting a loan quote to getting your money, the entire pawnbroking process may take as little as only a few hours to complete. Begin the process now by filling in our online quote form. Or call on 0207 242 9160 to book an appointment at our Hatton Garden office in London.

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.

Is It Worth Getting a Pawnshop Loan?

If you do not have a good credit score required for securing a loan from the bank, but you need access to fast cash, the pawnshop loans would ideally be the best choice for you. You will only need an item of value to secure a loan from a pawnbroker. Moreover, pawnshop loans do not affect your credit score.

pawnshop loan

Get an instant loan against your watch, diamond or gold jewellery from The Luxury Hut pawnbrokers in London. Fill up our online form for a free loan quote immediately. Or call us on 0207 242 9160 to book an appointment at our office in Hatton Garden, London.

How do a pawnshop loan works?

First of all, find an item of value that you can use as collateral for a pawnbroker loan. It can be any luxury watches like a Rolex, Patek Philippe or Cartier, diamond or gold jewellery. Just keep in mind that the item has to be something with good resale value.

Now, bring in the item to your pawnbrokers along with all other relevant things that may add to its value. The pawnbrokers will check your asset and appraise it precisely. They will determine the item’s accurate value, considering all essential factors, including its condition, age, metal and current market price.

You will be made a cash loan offer based on your item’s worth. If you accept it, you will get paid immediately without any obligation. Your pawnbroker will give you a pledge receipt to sign that outlines all details of your collateral loan.

The maximum tenure of a pawn loan is usually six to seven months. However, you are entitled to reclaim your asset anytime within your loan term by paying off the original loan amount and the interest due. You will not have to pay any early retrieval or redemption charges.

Once the contract term ends, you will get notified, and pawnbrokers typically offer 14days cool off time to reclaim your asset. If you do not retrieve your item by the time, the pawnbroker can help you renew the loan, get you a new contract, or put the asset up for sale to recover the debt. However, there is no penalty if you do not pay by the due date.

Thus, get a loan against your Rolex watch today and meet your short-term financial needs. The process is simple, secure and hassle-free. You just need to fill up an online form with details on your watch to begin the process. You will receive a free loan quote shortly via phone or email.

When is a Pawnshop loan a smart move?

Getting a pawn loan would be the best choice, especially in instances, like when:

You want fast cash – If you wish to access money almost instantly, simply walk into a pawnshop with your luxury item and walk out getting cash within minutes.

You have a bad credit score – Banks or any other traditional financial institutions will check your credit score before approving you a loan. However, pawnbrokers make an instant cash loan offer only based on your item’s worth. Your poor credit history will not influence your cash loan amount you are likely to obtain against your asset from your pawnbroker.

You need a small amount of cash – Pawnshops lend money on small luxury items.

If you are looking to raise some fast cash and own an item of value like a luxury watch, diamonds or gold items, get in touch with the trusted pawnbrokers in London at The Luxury Hut. You will receive the highest possible cash loan amount against your item without any obligation or credit check.

Should I opt for a pawn loan to travel from pawnbrokers near me?

Everyone in an ideal world desires to have enough cash to travel. However, in reality, it is not always possible. Our world has so many popular and beautiful travel destinations that fascinate many ardent travellers, but many such destinations are too expensive to visit. You will likely need to pay for lodging, airfare, other transportation costs like trains and taxis, foods and many other activities.

pawnbrokers near me

Overall, all these expenses make travelling a privilege at the end of the day, and many cannot afford it without any external help. Not surprisingly, for many aspiring travellers, the best option to meet the travel costs is ideally taking out a pawn loan, keeping anything valuable as collateral to a pawnbroker. Thus, if you are wondering ‘Should I take out a pawn loan from pawnbrokers near me?’ here is your answer:

For those who are determined to chase their wanderlust, simply get in touch with a trustworthy local pawnbroker near you or anywhere in London and opt for a collateral loan.

However, if you are considering taking out a pawnbroking loan, make sure you have understood the following things:

What is a Pawnbroking loan?

If you are entirely new to this term ‘pawnbroking loan’, you may wonder what a pawn loan exactly is.

  • A pawn loan is indeed a legitimate and secure way to raise instant cash by leaving anything valuable you own as collateral.
  • However, the assets accepted as collateral typically vary from one pawnbroker to another.
  • But, some items such as luxury watches, gold, diamonds and other precious metals are accepted almost universally.

The amount of credit loan you are likely to obtain will depend on the value of your pledged asset.

  • Your pawnbroker will evaluate many essential aspects of your asset and also, its current market price to determine the final credit amount that he/she is willing to lend.
  • Whether you want to raise money to fund your entire travel expenses or only to finance the tickets of sightseeing or transportation, a pawn loan is likely to be more accessible and convenient than any other alternative options for quick cash.

What are the benefits of a pawn loan?

Once you walk into your local pawn shop, the pawnbroker will assess your asset and make an offer according to the item’s value.

  • If you accept it, your pawnbroker will pay you immediately without any obligation or without checking your credit history.
  • The maximum loan term is usually six to seven months.
  • As with any collateral loan, you are entitled to retrieve your pledged item any time within the loan period or after the contract expires, paying off the original loan amount and the interest due.

A pawn loan may not offer you any additional benefits like rewards points, travel vouchers or others. However, the rate of interest charged by high street pawnbrokers London is a lot less in comparison to a credit card or payday loan.

What if I fail to pay back the money I borrowed?

Pawnbroking loans are enticing to many passionate travellers because they are readily accessible and provide cash right away. As already mentioned above, one of the significant advantages of taking out a pawn loan is that you can retrieve your asset whenever you wish to or soon after the term ends.

But if you fail to redeem your pledge, you pawnbroker can do two things:

One, sell your asset to recover the debt. And,

Second, he/she may help you to renew the loan, without hurting your credit score. You will get a new contract with an additional seven months to pay back, by repaying only the interest of the original loan term.

How to choose the right pawnbrokers near me?

Before you finally head out to opt for a pawn loan, take some minutes to do substantial research on some of the leading ‘pawnbrokers near me’ in London or anywhere in the UK.

So, if you are planning for an incredible holiday, go ahead! Don’t let your poor finances stop you from pursuing your wanderlust. If you need to raise quick money, take out a pawn loan from your trustworthy local pawnbroker right now. However, it is better to travel within your means and retrieve your asset, paying off the credit loan as soon as possible.

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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