How much can I borrow?

Technically, there is no restriction on the maximum loan amount subject to suitable security. In short, we can lend almost any amount provided that the assessed loan security value is high enough to cover the amount of money you need. We assess loan value based on current second hand resale value, NOT retail price.



Keep in mind that price ≠ value; if you have ever been shopping on Boxing Day sales & bought a necklace at 70% off, or purchased a $2000 laptop second hand on eBay for $500, you will appreciate how a $1000 mobile phone bought only two months ago, may only be worth $200 on loan. Feel free to contact us if you have a specific item query (NB: jewellery items cannot be quoted over the phone, as we do need to inspect the goods).

​What is the minimum/maximum loan term?

The minimum loan term is 7 days (as required by law in Victoria), however there is no maximum; the loans are calculated on a month to month basis, so you can extend the loan for as many months as you need, provided that the interest is paid each month.

What payment methods do you accept?

The minimum loan term is 7 days (as required by law in Victoria), however there is no maximum; the loans are calculated on a month to month basis, so you can extend the loan for as many months as you need, provided that the interest is paid each month.

What if I don't live in Melbourne?

No problem! We have many interstate and international customers; provided that you can supply the required identification and keep your loans current (paid on time), we are able to lend you money and hold the goods until you are ready to collect them.

Can my friend/relative/partner pick up my loan if I am unable to?

Friends/relatives/partners can make payments on your loans on your behalf if you are unable to. However, for security reasons, the only person who can actually sign for and collect a loan is the person who took out the loan. This protects you in case you lose your pawn ticket, as nobody else can collect your goods but you.

​I forgot about my loan/missed a payment and it is now overdue; can I still get it back?

Whilst we may attempt to contact you regarding overdue items on occasion, this is a courtesy, and is not guaranteed; it is always your responsibility to ensure your loans and payments are up to date. If we do not receive at least the monthly interest charge by the loan expiry date (one calendar month from the date the loan), under the terms of the loan contract, your goods may be forfeited and sold recoup the funds owed. However, we appreciate that unexpected circumstances may come up, and we always prefer that you get your goods back and maintain a good credit rating/redemption rate with us. Therefore, we have a fairly substantial grace period, provided that you stay in communication with us. We cannot assist you if we are not made aware of what the circumstances are.

That being said, in the event of non-payment and non-communication, your loan(s) will be forfeited and listed for immediate sale to redeem the funds owed. However, if the goods have not yet been sold, you can reinstate a forfeited loan by paying all outstanding interest plus a penalty charge of one month’s interest.

What percentage of retail price will I get?

We do not assess items based on a ratio or percentage of retail pricing. All goods are assessed on the basis of current second hand resale value and/or wholesale value depending on the item(s). Some goods will retain their value more or less than others e.g. technology items decline in value very quickly. We’ve all seen a 70-80% off sale at a jewellery store on Boxing Day or Stocktake Sales; this is because gold & jewellery items as an industry have a relatively high retail markup: Raw material value + labour cost + overheads + retail profit markup = “Price” you have paid. Second hand dealers only take raw material value into consideration with regard to precious metals, based on the wholesale pricing we already have access to as a business.

Do you pay for diamonds or gem stones?

Unlike a lot of gold dealers, we do take diamonds and certain gem stones into consideration in our jewellery buying (subject to size and quality). However, as a business, we are able to access wholesale diamond pricing (which is always significantly less than you may have paid from a retail perspective) and this is the basis for how we assess what we can pay for stones.



Diamond “chips” (very small diamonds) often have a negligible diamond value and are calculated as part of the gold weight, however lager stones (usually 10-20pts and above) will usually attract a small premium. Large stones (over 0.50ct) will have a more significant value, and it is always of benefit if you can provide a valuation and/or diamond or gem certificate.