Northville and South Lyon Gold Buyers, Cash for Gold in Northiville and South LyonWe Buy From Pawn Shops!

If you’re a pawn shop or a pawnbroker, we can buy your unwanted precious metal items! AU Precious Metal Solutions is a second generation precious metals buyer and refiner. We work with local pawn shops and brokers to provide top dollar for their unwanted items! If you have unwanted items laying around your pawn shop, call us today 877-744-0872!

Pawn Shop and Pawnbroker Items We Buy

At AU Precious Metals, we want to buy your unwanted gold, platinum and silver objects! These items include, but are not limited to the following: gold rings, gold watches, gold pocket watches, gold necklaces, gold bracelets, gold earrings, gold mountings, gold settings, gold nuggets, gold ingots, gold bullion, gold teeth, platinum rings, platinum watches, platinum necklaces,  platinum bracelets,  platinum earrings, platinum mountings, platinum settings, platinum ingots, platinum bullion,  sterling silver flatware,  800 flatware,  835 flatware, .925 rings, .925 necklaces, .925 bracelets, .925 earrings, Minted sterling silver ingots, 90 % US coin silver, silver bullion, cars, trucks, tools, appliances, electronics, etc…

Who is a Pawnbroker?

The modern day pawnbroker is a business that secures a loan with items of personal property used as collateral. This is typically done for a specific period of time that is agreed upon, along with interest payments, at the inception of the loan. Unlike a traditional lending institution, a second hand dealer (pawnbroker) does not mark an individual’s credit on a loan default. They simply get back their loan amount plus typically a small profit through in outright sale to the consumer.

History of Pawn Shops and Pawnbrokers

As humanity’s first known financial institution, second hand shops can be linked back at least 3000 years to the ancient Chinese and early Greek and Roman civilizations.  Around the year 1029, the idea of pawn brokerage was brought to England by William the Conqueror.  At this time, pawn brokerage was referred to as Lombard. The Medicis of Italy and the Lombards in England were known as the moneylenders of Europe. The suggested history of the pawn symbol is one of the Medicis who served Emperor Charles the Great. He fought off a giant and killed him with three sacks of rocks.  The three golden globes would later become the Medici family crest and the sign of pawn brokering. Throughout history, kings including Edward III and Henry V were known to pawn jewels to finance war. Queen Isabella of Spain pawned the crown jewels to finance Columbus’ voyage to America.

It is even said that the story Santa Claus was invented through pawn.  The folklore is known as the deed of generosity. The history of this story suggests that Saint Nicholas gave a gift to a widowed man who lived in the same town as he and his parents. The once affluent nobleman was now desperate and unable to take care of his three daughters. As the story goes, this man secretly offered his oldest daughter to an evil woman. The woman was to take the daughter into slavery or even prostitution.  Hearing of the horrific situation, the young Nicholas threw a small sack of gold coins through an open window. Now the man had enough money for his oldest daughter’s dowry and she would marry at last. This same custom would occur twice more until the youngest daughter was married, as well. This is where the birth of the Patron Saint was. Today, he is today known as Santa Claus.  Through the years, pawnbrokers have used the symbol of three golden balls above their doors to welcome the spirit of Saint Nicholas, and to offer good luck to all that enter their stores.

Historically, pawn shops have been falsely rumored as prime establishments to pass stolen goods. Presently, every pawn shop has very tight regulations and state laws to make sure they are not dealing in stolen goods. Every transaction is monitored very closely through local law enforcement to ensure these goods are not stolen. Most communities require a minimum of fingerprinting the seller, a photocopy of their state ID card or drivers license, and a description of the goods being purchased to be emailed or faxed over to the local police department in a 48 hour time period.
Shopping at a pawn shop can be a very rewarding experience. Offering a wider selection than most big box department stores, you can find everything that you need in a pawn shop.  The bottom line is a pawn shop, or second hand store is a great place to buy or sell many items including, but not limited to:

  • Gold
  • Silver
  • Platinum
  • Diamonds
  • Rhodium
  • Palladium

What Pawn Shops Are Saying About Our Services

“Great people to work with who know how to do business the right way. We highly recommend this company if you’re trying to get the most out of your investments in gold, silver or any precious metals. If you happen to be a dealer in the market for high quality diamonds then you need to definitely give these guys a look before reaching your decision. 5 stars..! Keep up the great work.” – Tyler, Owner of Cash 4 Anything Pawn

“Brad, I want to take the time to tell you how refreshing it is to deal with an honest business. You explained everything very well and you did exactly what you said you’d do, and even faster than I expected! I’ve told people about your company for years. Why anyone would use one of the mail-in TV buyers is beyond me.  Thanks for offering the most fair terms in the industry and I will not only continue to use your services, I’ll tell anyone that needs to sell their scrap or unwanted jewelry to send it to you! Thanks again, we are very pleased with your service!” – S. Thomas, Sparta, GA.