Gold, silver & coins
Gold and silver, tested in front of you
Bullion, bars, coins, sterling and scrap gold, weighed and tested at the counter while you wait, for a sale or a 30-day loan.
- Bullion, bars and coins
- Scrap and broken gold
- Sell or pawn the same day
TL;DR
Pawn Pro buys and loans on gold, silver and coins at its Covington counter: bullion, bars, rounds, scrap gold, broken chains and sterling. Each piece is tested for purity and weighed while you watch, and the offer is built from the metal content and that day’s price. 14-karat gold is 58.3% pure and sterling is 92.5% silver, so the karat matters more than the size. You can sell outright or take a 30-day pawn loan and keep ownership.
How is a gold offer worked out?
From two measurements. The piece is tested for purity, then weighed, and the metal content is priced against the day's market. Workmanship and style count for very little next to the metal, which is why a tangled chain is worth bringing in alongside a coin.
| Marking | Pure gold or silver |
|---|---|
| 10k | 41.7% |
| 14k | 58.3% |
| 18k | 75% |
| 24k | 99.9% |
| Sterling (925) | 92.5% silver |
A stamp is a starting point, not proof. Every piece gets tested whatever it says on the clasp.
What gold and silver does the shop take?
The old store line was "trusted offers on bullion, bars, scrap gold, fine jewelry, and more," and that is still the list: bars and rounds, gold and silver coins, sterling flatware and pieces, class rings, dental gold, single earrings and broken chains. Leave collectible coins as they are. Cleaning a coin can take more off its value than the dirt ever did.
Is it better to sell gold or pawn it?
Selling turns metal into cash with nothing left to do. Pawning is for gold you mean to keep, such as a chain someone gave you, when you need cash for a month or two. Gold makes simple collateral because its value is measured, not guessed, so the loan offer comes quickly.
A pawned piece sits in storage for the 30-day term. Renew it by paying the interest fee, or pay the loan off and take it home.
What does Georgia require when I sell gold?
Your ID. Under O.C.G.A. § 44-12-132, every pawnbroker records the seller's name, address and identification for each purchase, and § 44-12-134 has those records kept for at least four years. The shop also cannot buy from anyone under 18 or from someone it knows is not the owner. Expect the counter to ask, and bring a government-issued photo ID.
Answers
Gold, Silver & Coins: common questions
How does a pawn shop price gold?
By weight and purity. Each piece is tested for karat and weighed in front of you, and the offer follows that day’s gold price. Style and condition count for far less than the metal, which is why broken chains and single earrings are worth bringing.
How much gold is in 10k, 14k and 18k jewelry?
10-karat gold is 41.7% pure gold, 14-karat is 58.3%, 18-karat is 75% and 24-karat is 99.9%. Two chains of the same weight can be worth very different amounts, so the karat, confirmed by testing, matters more than size.
Do you buy silver coins and bars?
Yes. Silver bullion, bars, rounds and coins are bought and loaned on, along with sterling pieces, which are 92.5% silver and valued by weight. If a coin might be collectible, bring it as it is and don’t clean it first, since cleaning can lower its value.
Can I pawn gold instead of selling it?
Yes. Gold is one of the simplest things to borrow against, because its value is easy to measure. You keep ownership, take the cash on a 30-day loan, and pick the piece up when the loan is paid. Selling ends it the same day.
Is it safe to sell gold at a pawn shop?
At a shop that tests and weighs in front of you, yes. Georgia requires pawnbrokers to record each purchase with your ID and keep that record for at least four years (O.C.G.A. §§ 44-12-132 and 44-12-134). Watch the test, watch the scale, and ask how the number was reached.
Gold, Silver & Coins
Get an offer on gold, silver and coins
Tell the shop what you have. The firm number comes at the counter.
- Monday–Saturday 10 AM–6 PM · closed Sunday
- Bring a government-issued photo ID
- No appointment, no credit check