5 Significant Advantages of Pawn Loans

More and more people are today turning to pawnbrokers for securing fast cash. Every person in a lifetime may feel the need to raise some extra money for any reason.

And most people find it pretty embarrassing to spend hours at a bank or any other traditional financial institutions only to be declined, maybe for poor credit history or plight in attestation of paperwork. Overall, it is a waste of your precious time.

If you are in short-term financial needs and own any luxury asset like a Rolex watch, diamond or gold jewellery, turning to any trusted pawnbrokers is ideally always the safest move.

The pawnbrokers will lend you an instant cash loan, based on the current market value of the asset used as collateral.

Keep in mind that the items considered as collateral will vary from one pawnbroker to another. For instance, trusted pawnbrokers in Romford at Golden Cash lend against luxury watches, diamond and gold jewellery.

However, from getting your watch appraised to getting paid, the entire pawnbroking process may take as little as an hour to complete.

Thus, let’s today explore some significant advantage that a pawnbroking loan has over any other types of loan.

Get Instant Cash

Ideally, the most significant benefit of opting for a pawn loan is its proceeding speed.

get instant cash loan

Unlike other types of loans that typically take a couple of weeks for approval, a pawn loan will get you access to cash immediately.

You only need a luxury item to keep as collateral for the loan. Your pawnbroker will assess your asset and make you a credit loan offer on the spot. Accept it, and you will get your cash right away.

No Credit Checks

Pawnbrokers do not carry out any credit check before approving a loan. Thus, whether you have a good credit score or a bad one, your pawnbroker won’t bother to ask or check.

no credit checks

While visiting professional pawnbrokers like at Golden Cash in Romford, Essex, carrying collateral like any luxury watch or jewellery is enough to qualify for a pawn loan.

However, the amount of credit loan you are likely to obtain from your pawnbroker will only be based on the value of your asset.

Get More than One Loan at a Time

You can pawn more than one asset at a time with pawnbrokers and secure multiple loans as per your need.

Also, you can use the same asset as collateral as many times as you want.

However, banks or other money-lending institutions are not this flexible. You will be only allowed to take out one loan at a time.

Assets are Stored Securely

Every item pawned with Golden pawnbrokers is kept in secure vaults during the contractual period.

You can retrieve your asset anytime, by paying off the original loan amount and the interest due. However, whenever you head in to redeem your asset, you will get it as you left it.

Minimal Paperwork

Golden Cash pawnbrokers in Essex only ask for a valid proof of identification before entering an agreement. And if you accept our loan offer, you will have to sign only a pledge receipt that outlines your loan terms.

Banks and financial institutions may take ages to approve you a loan because of their varied protocols, and it can get on your nerves.

Thus, if you want to raise fast cash, visit our shop at The Liberty Shopping Centre in Romford, Essex with your asset.

We will appraise your asset precisely and make you a cash loan offer on the spot.

However, whether you want to pawn jewellery or get a loan against a Rolex watch, you will receive the highest possible amount of credit against your asset.

Fill up our online form now and get a free competitive loan quote shortly. Or call on 01708 751518 today and speak to one of our experts at our Romford Shop.

Want to Raise Instant Cash? Pawn your Asset Here!

If you need access to fast cash but do not want to part ways with your asset, consider using it as collateral for a pawn loan.

Whether it is a luxury watch or a diamond jewellery item, simply bring it to the trusted pawnbrokers at Golden Cash and unlock its value securing an instant loan against it.

The process is quick, secure and straightforward. We will assess the asset that you want to pawn immediately and make you a competitive cash loan offer on the spot.

If you accept it, sign a pledge receipt and get your cash instantly on hand.

Thus, if you are short on cash and looking for trusted pawnbrokers in Romford or anywhere in the Essex to pawn a luxury watch or jewellery, visit our shop today at The Liberty Shopping Centre in Romford with the collateral.

You do not have to book an appointment before visiting our shop.

Today, more and more people are utilising the services provided by pawnbrokers. Thus, we at Golden Cash are always working to make the process smoother than ever.

With a secure online platform, we also provide our customers with a quick and convenient way to pawn luxury assets online from the comfort of home or any other places.

Fill up our simple online form with all the details of your asset and get a free loan quote immediately.

Or call on 01708 751518 now to speak to one of our associates at our Romford shop. We will be happy to answer all the questions you have on how to pawn your watch or jewellery and raise the cash you need.

Here we have jotted down the answers to some common questions that you may have when pawning your asset(s) with us.

What items can I pawn with Golden Cash pawnbrokers?

The assets that we at Golden Cash accept as collateral for a pawn loan are –

  • Luxury watches of top brands like Rolex, Omega, Cartier, Patek Philippe, Vacheron Constantin and more.
  • Diamond jewellery – Both branded and non-branded items
  • Gold jewellery, gold coins.

How does the process work?

When you bring in your asset to us at our Romford shop, our expert evaluators will appraise it immediately with the utmost attention.

We will consider all the essential factors, verify all the details provided and confirm the authenticity of your collateral. We will make you our final cash loan offer based on the item’s current market price.

If you accept your final offer, we will pay you instantly in cash or via your preferred method of payment. The process is quick and hassle-free.

However, you can also pawn your watch or jewellery online with us.

Fill up our online form, providing all information on your watch and get a free loan quote right away.

If you are happy with it and want to proceed with the process, send your asset to us via a specialised and insured delivery envelope that we arrange for you.

  • Once we receive it, we will appraise it precisely to determine our final price.
  • One of our associates will contact you via email or phone to confirm our final cash loan offer.
  • Accept it and get paid within minutes via your preferred payment method.

At Golden Cash, our maximum loan term is usually six to seven months. However, you can redeem your collateral any time by paying off the original loan amount and the interest due.

How do we determine your final credit loan offer?

As one of the most trusted pawnbrokers in Essex, we at Golden Cash always aim to offer you the best price against your asset.

Our expert evaluators determine a fair and honest price of a luxury watch or jewellery item considering many factors.

The factors include your asset’s brand, condition, metal, gemstone, box and papers, and current market price.

We work with some of the best evaluators who have years of experience and knowledge of luxury watches and precious jewellery.

Thus, you can rest assured you will secure the highest possible amount of cash loan against your watch or jewellery piece.

Do I have to pay any monthly charges?

If you agree to enter a transaction with us, you will not have to pay any monthly charges until your loan term completes.

Our loan term is for six to seven months, and all you have to do is make a single payment at the end of the contract.

Moreover, we charge interests for the loan months only you borrow for. This means –

If you borrow cash for a month, you will pay interest in one month only when you come to redeem your asset and so on.

However, you can pay back the loan any time within the loan period. Pay off the original loan amount along with interest due and retrieve your collateral.

Are there any hidden or additional charges?

No. We do not have any hidden or additional charges that you have to pay for entering a transaction with us.

Golden Cash offers an entirely upfront and transparent service to all customers who are looking to pawn and even, sell their luxury assets to us.

Simply, bring in your asset to us, and we will lend you the best possible price for it without any credit checks or obligation.

Thus, for those who are looking to raise fast cash, get in touch with Golden Cash pawnbrokers in Romford today and pawn your watch or jewellery.

We can assure that you will obtain the best possible amount of credit loan against it within a few minutes.

However, whether you are looking for trusted “pawnbrokers in Ilford” or “pawnbrokers Dagenham”, visit our Romford shop at The Liberty Shopping Centre straight with the item you want to pawn.

From visiting our shop with your asset to getting paid, the entire process may take as little as a few hours to complete.

Call on 01708 751518 now for any enquiry on our pawnbroking service.

3 Most Famous Rolex GMT-Master Watches

The Rolex GMT-Master is one of the world’s most recognisable watches.

Rolex initially designed the watch exclusively for professional pilots. Thus, the Rolex GMT-Master features multi-time zone functions that are convenient to use.

Today, the watch is a popular choice among collectors of all lifestyles and professions.

From classic vintage iterations with aluminium bezels to the latest references with ceramic bezels, there is a perfect Rolex GMT-Master to suit every style or taste.

The options are supposedly endless. However, we will today take a quick look at the three most popular Rolex GMT-Master watches.

However, if you are looking to pawn your Rolex watch and get an instant cash loan, visit our shop at The Liberty Shopping Centre in Romford, Essex today.

➡ Rolex GMT-Master Ref. 1675

The Rolex GMT-Master reference 1675 is one of the most desirable models. The watch was in production for more than 20years – from the late 1950s to nearly 1980.

Eventually, Rolex has released many variations of the reference 1675 during this long production period. Moreover, it is also an alluring choice among many vintage Rolex buyers as well as collectors.

  • The Calibre 1565 movement powered the Rolex GMT-Master 1675.
  • However, the watch features a glossy dial and pointed crown guards.
  • In the mid-1960s, Rolex upgraded the model and offered it a higher-frequency Calibre movement.
  • Now, the watch sported a matte dial, printed tritium indices, square crown guards, and hacking function.
  • In the late 1960s, Rolex fitted a bigger triangle on the GMT hand’s tip and an acrylic crystal.

Overall, the GMT-Master reference 1675 is one of the most desirable vintage Rolexes.

➡ Rolex GMT-Master II Ref. 16710

Rolex introduced a 24-hour hand on the dial of then-new GMT-Master II model in the 1980s.

  • The GMT-Master ref 16710 flaunted a new case and a more polished profile along with a 24-hour hand.
  • However, Rolex has made several modern upgrades to the reference like a high-beat movement and a sapphire.
  • The reference 16710 is also available with different bezels and dials.
  • Interestingly, the watch is found either with LumiNova, tritium, or Super-LumiNova material on the dial, based on its year of production.

Moreover, the GMT-Master reference 16710 comes fitted with either a Jubilee or an Oyster bracelet.

Rolex produced the model with all-black, black and red (Coke) or blue and red (Pepsi) aluminium bezel.

➡ Rolex GMT-Master II Ref. 126710

The Rolex GMT-Master 126710 flaunts the most modern features being the latest addition to the GMT-Master collection.

Rolex has carefully improved and updated every trait on reference 126710 over the years, including its movement and bezel.

  • The fact is that Rolex upgraded the ref. 116710 and introduced the ref. 126710.
  • The reference 126710 features a modern “Maxi” dial, a Super-Case, and a ceramic bezel.
  • However, this latest GMT-Master II edition is of specific interest among Rolex collectors.
  • It is the first stainless steel iteration in the collection to feature a ceramic Pepsi bezel.
  • Moreover, Rolex fitted the ref. 126710, with its iconic 5-link Jubilee bracelet.

Interestingly, you will find the ceramic bezel in different colour combinations – the classic blue and red “Pepsi” or the blue and black “Batman”.

Other features include 904L Oystersteel, a Chromalight display, and an all-new Calibre 3285 movement.

So, what is your favourite Rolex GMT-Master? Share your thoughts in the comments below.

Want to pawn your Rolex watch and get a loan against it?

If you are in dire need of fast cash, pawning your Rolex watch with a trusted pawnbroker and getting an instant credit loan can ideally be the best option.

Simply, walk into our shop at The Liberty Shopping Centre in Romford with your Rolex watch.

Expert pawnbrokers at Golden Cash are always on hand to evaluate your luxury watch precisely and make you a cash loan offer instantly.

If you are satisfied with the final offer, sign your pledge receipt and get paid in cash on the spot.

Thus, pawn your Rolex watch with us today and walk out securing the highest amount of credit loan possible against it without any obligation and hassle.

Call on 01708 751518 now to speak to one of our associates at our Romford shop.

5 Popular Watches With Celebrities 2020

A luxury watch is far more than merely a device of keeping track of time. It is a status symbol and entirely a fashion statement.

Celebrities like to flaunt their items. They typically make their watch collection. However, many celebrities also become brand ambassadors. Now:

A celebrity’s endorsement of any watch brand may help in boosting sales as well as popularity.

So, what watches are currently trending among celebrities?

If you are interested in knowing who is wearing what, have a look at the five popular timepieces with celebrities this year.

1. Rolex Day-Date

rolex day date goldencash

The Rolex Oyster Perpetual Day-Date is popular among Presidents of the United States. Hence, the watch is popularly, also referred to as the Presidents watch.

Rolex introduced the Day-Date in 1956 that was made up of 18ct gold. More significantly, it was the first water-resistant chronograph timepiece ever produced.

However, the association of Rolex Day-Date with US Presidents has increased its prestige. While it is recognised as the real status symbol, the Day-Date flaunts the wrist of many celebrities.

Celebrities – Justin Timberlake, Victoria Beckham.

2. Rolex Daytona

Introduced in 1963, the Rolex Daytona is extremely popular and adorned by celebrities and collectors across the world.

Rolex designed the Daytona taking inspiration by racecar driving. However, the watch is highly durable and robust.

The Rolex Daytona is renowned and cherished not only for its practicability but for its elegance and style.

Celebrities – Leonardo Dicaprio, Miley Cyrus.

3. Audemars Piguet Royal Oak Quartz

 

The Audemars Piguet Royal-Oak Quartz features an appealing, octagonal display.

The watch is crafted of stainless steel rather than platinum or gold. Nonetheless, the Piguet Royal Oak is incredibly famous among celebrities.

Celebrities – Usher, John Legend.

4. Cartier Ballon Bleu

 

King Edward VII once referred Cartier to as the jeweller of kings and the king of jewellers.

Launched in 2007, the Cartier Ballon Bleu is a symbol of the brand’s artistry and classic elegance. The watch flaunts a sophisticated design, with its soft curves and clean face.

Celebrities – Kate Middleton, Sofia Vergara.

5. IWC Portofino

 

The IWC Portofino is classic and elegant in design. The watch is, indeed, timeless addition to any timepiece collection.

The IWC is the archetype of underrated elegance, featuring clean lines and simplistic design. Celebrities prefer the IWC Portofino for its classy yet subtle look.

Celebrities – Kate Mara.

Want to pawn your luxury watch in Romford?

Golden Cash Pawnbrokers offer a quick and straightforward way to pawn your luxury watch and get an instant cash loan with no obligation.

Simply, fill up our online form and receive a free valuation immediately.



 

Or visit our shop at The Liberty Shopping Centre in Romford, Essex today with the luxury watch you want to use as collateral.

Our expert evaluators will assess your asset precisely, considering all essential aspects and current market price. We will make you an offer on the spot.

If you accept it, we will pay you immediately.

From visiting our shop, assessing your watch to getting paid, the entire process may take as little as an hour to complete.

Thus, call us on 01708 751518 or visit us at our Romford shop straight and raise the money you need in less than no time.

4 Most Spectacular Rolex Datejust Dials

Rolex Datejust Dials

We can spend a few hours exploring what makes the Rolex Datejust so famous. With a sizeable symmetrical face, circular dial and an exclusive bracelet that flows out flawlessly of the case and lugs, the Rolex Datejust is referred to as the ‘modern archetype of the classic watch’.

There was a time when the date on a timepiece didn’t use to change automatically. Interestingly, it was Rolex who made that possible. In 1945, Rolex introduced the ever-first Datejust during the 40-year Jubilee celebration of the brand. Nonetheless, the dial is one of the most significant components of all watches that also help in distinguishing between individual models.

While some dials are specifically rare, others are incredibly popular. Today, let’s explore some of the most extraordinary Rolex Datejust dials out there.

The ‘Sigma’ Dial

Rolex equipped the ‘Sigma’ dial on the Datejust watches of the 1970s. So, what is the ‘Sigma’ dial? A Sigma dial flaunts the lowercase Greek symbol ‘σ’ (sigma) at 6 o’clock. However, the letter appears on the dial twice – once on either side of ‘T Swiss T’.

The manufacturer has not revealed the reason behind inscribing this letter on the dials. While some believe Rolex engraved it to differentiate automatic Swiss watches from quartz ones, others presume that the manufacturer started marking dials following other watch brands.

However, the much-esteemed Rolex Daytona reference 6265 features this uncommon ‘Sigma’ dial.

The ‘Buckley’ Dial

The ‘Buckley’ dial is mostly found on the Datejust models from the 1970s and 1980s. The most noteworthy feature of the dial is ideally the Roman numerals. Although there is some disagreement as to what references sport the Buckley dial, it is more likely that the references 16030, 16014, 1603 and 1601 originally feature the Buckley.

However, the references with Buckley dial come with either white hands or black hands and indices. But it should be noted that the Buckley dial is not exclusive to Datejust. You may also find this dial on some Oysterquartz references and Day-Date models ideally like the reference 1803.

The ‘Pie-Pan’ Dial

The Rolex Datejust reference 1603 features the ‘Pie-Pan’ dial. Quite simply, the name ‘Pie-Pan’ derives from the dial’s shape. The dial looks like an inverted pie pan, flaunting an angled outer ring. Apart from Rolex, Omega is also known to have equipped this dial design on various models like the Constellation.

Popular in the 1960s and 1970s, the ‘Pie-pan’ design renders more depth to the dial. Although the outer ring makes this dial appear pretty smaller, it seems to help the indices to stand out more.

The ‘Linen’ Dial

The ‘Linen’ dial is a quite cherished Datejust dial that comes with a beautiful texture. From grey and silver to the champagne dial of bi-tone reference 16013, this exclusive dial is available in a range of colours and many models.

However, Rolex has not introduced any models currently with the Linen dial. You are likely to find this dial on older Datejust references, including the 16014, 1603 and 1601.

Want to pawn a Rolex watch?

For those who are looking to get a loan against a Rolex watch or pawn a Rolex Datejust in Romford or anywhere within the Essex, simply walk into our shop at The Liberty Shopping Centre in Romford with your luxury watch and get a cash loan offer immediately. Accept it and get paid in cash immediately.

Customers who are residing anywhere within the Essex including Romford, Brentwood, Basildon, Colchester, Barking, Dagenham, Hornchurch, Ilford and Leyton can visit our shop any time during our opening hours and pawn your Rolex watch with the trustworthy Golden Cash pawnbrokers Essex.

Rolex: A Brief History of the Early Years

As a Rolex fanatic, you might be interested to know more about the compelling history behind the iconic brand that conquered the world with its innovations. Here at Golden Cash, we have been dealing with Rolex watches for many years. And, we are indeed fascinated by the revolutionary achievements that Rolex has made over the years. While the brand is at the origin of real innovations in the watchmaking, it still rules supreme today.

Have you ever wondered why Rolex watches retain a high resale value with time? Or, Why Rolex is considered as the ‘King of Watches?’ Read on to find out the story behind its name, Rolex’s most significant achievements in its early years and aspects that enable Rolex owners to ‘sell Rolex’ or ‘sell my Rolex’ in a hard-up situation with full confidence.

Founder of Rolex

In 1905, the aspiring German-born Swiss jeweller Hans Wilsdorf at the age of 24 established a company in London that specialised in the distribution of timepieces. At the time when wristwatches were actually not accurate and pretty fashionable, Wilsdorf envisioned to create a watch that was elegant and more significantly, reliable.

Beginning – A Simple Mission

The new fashionable wristwatches used in the Boer War caught the attention of Hans Wilsdorf. The practicality of these watches in enabling a man to use both hands while checking the time at the same time indeed fascinated Wilsdorf. At the time, pocket watches were used by most individuals and Wilsdorf perceived that wristwatches were the way of future. Thus, he founded Rolex in 1905 with a simple mission of making high-quality wristwatches.

However, while some considered wristwatches to be a fad, many gentlemen perceived them as downright feminine. Nevertheless, Hans Wilsdorf and his new company did not care. He acutely believed that wristwatches are the future of the watch industry and his company Rolex would specialise in it. Moreover, Hans Wilsdorf wanted not only to manufacture wristwatches of superior quality but also to make the best timepieces in the industry.

The First Priority – Accuracy

Hans Wilsdorf knew that the Rolex wristwatches had to be accurate as much as the pocket watches of the day. However, in that pre-computer era, miniaturisation of watch movements was yet an art more than science. The process required substantial trial and error along with handwork for achieving good accuracy from smaller watch movements.

While Wilsdorf’s priority was accuracy, it turned out to be an obsession soon. The brand started to win rewards for accuracy, and soon, it took the attention of the public.

Water Resistance & Durability

Rolex continued to improve the standards of its wristwatches, and in 1926, the brand developed the first waterproof wristwatch of the world. Wilsdorf perceived that to make his watches the best in terms of durability; he has to make them waterproof. A wristwatch was exposed to rain, sweat and moisture more than a typical pocket watch.

In 1926, the world’s first water resistance wristwatch was created and it signified a significant change in the watch market. The timepiece was named ‘Oyster’ respectively, symbolising the tough protective case in which the fragile movements are housed. The Rolex Oyster in 1927 accompanied Mercedes Gleitz while crossing the cold English Channel.

The Perpetual Movement

In 1931, Rolex introduced the first self-winding mechanism of the world, the Rolex Oyster Perpetual Movement. Besides the convenience, a self-winding watch bestows on a significant advantage, making the timepiece less prone to wear and more water resistance. The first self-winding Oyster Perpetual waterproof watch was in a class for many years by itself. However, this innovative mechanism is the heart of every modern automatic timepiece today.

What Makes Rolex Watches Hold their Value?

The profound reputation of Rolex has held constant over the years because of its zest to continuously innovate. While Hans Wilsdorf focused on the movements’ precision in the beginning, the avidity for chronometric accuracy soon achieved success. The world’s first ever wristwatch to acquire the Swiss Certificate of Chronometric Precision offered by the Official Watch Rating Centre in 1910 was a Rolex watch.

After four years, the brand received more recognition with the certificate from the Kew Observatory in Richmond, Great Britain. This esteemed watch testing laboratory accorded a Rolex timepiece the prestigious Kew class ‘A’ precision certificate.

Rolex is indeed one of the most successful and biggest Swiss watchmakers. And, Rolex watches were assuredly among the most elegant watches available at any price when Hans Wilsdorf passed away in 1960. Unlike other watches, Rolex watches tend to hold a higher resale value with time. Thus, if you are looking to ‘sell Rolex Romford’ or sell Rolex watches anywhere within the Essex, get in touch with the trustworthy pawnbrokers Essex like at Golden Cash and sell your watch with full confidence, obtaining the best possible price in the market.

Know the Truth Behind the Five Most Popular Rolex Myths

Rolex Myths

It is no secret that Rolex is the world’s most popular luxury wristwatch brand. However, this independently-run company is also one of the most uncommunicative entities in the luxury watch industry. Rolex is indeed a universe of its own – admired, esteemed, valued and universally recognised. The manufacturer hardly permits anyone to get into its hallowed halls. However, such a fascinating collocation has nurtured an air of mystery encompassing the cult of Rolex timepieces, well-stocked with many myths.

Let’s today explore the truth behind the five most popular Rolex myths. Have a look!

1. Myth 1 – Rolex Never Produced Quartz Watches

The fact is that Rolex spent nearly five years manufacturing quartz calibres in-house after the brand decided to leave the Centre Electronique Horloger consortium (CEH). The CEH produced a Swiss-made quartz movement – the Beta-21 quartz calibre that powered the Rolex ‘Texan’ Reference 5100, Omega Electroquartz, Patek Philippe 3597 and more.

Eventually, Rolex manufactured in-house quartz movements – the Calibre 5055 for the Rolex Oysterquartz Day-Date and Calibre 5035 for the Rolex Oysterquartz Datejust. The brand is known to have made just 25,000 Oysterquartz timepieces from 1977 to 2003.

2. Myth 2 – Rolex Timepieces Don’t Tick

If you search ‘how to spot fake Rolex Watches’, the first tidbit you are likely to encounter is that Rolex watches do not tick. However, this myth is two-fold. How?

First, quartz watches generally are associated with the ‘ticking’ sound. The ‘seconds’ hand on quartz watches moves one position each second, producing a ‘ticking’ sound. While most people consider quartz timepieces to be cheap, it is typically assumed that Rolex has never produced quartz watches. However, it is not true.

Although Rolex indeed does not create quartz timepieces any longer today, the brand has made quartz models in the past. Rolex Reference 5100 featured a Beta-21 quartz calibre movement. Moreover, Rolex provided its Oysterquartz timepieces with in-house quartz calibres. Each of these Rolex watches indeed ‘tick’.

Second, mechanical watches also technically make a ‘tick’ sound, though at an extremely faster pace. This eventually offers the impression that ‘seconds’ hand is sweeping around the dial. Contemporary Rolex watches are powered by self-winding calibres that run at 28,000beats per hour, and it is equal to about eight ticks each second.

3. Myth 3 – Rolex has used only 18ct Gold

Indeed, Rolex today utilises only 18ct gold to design its gold as well as bi-tone watches. Moreover, the brand also has a patent pink gold alloy, introduced in 2005 named as ‘Everose’. Nonetheless, it wasn’t always the case.

Vintage Rolex watches are available in 9ct and 14ct gold. The manufacturer also created watches with gold shell at one point. While the stainless steel surfaces of the watches are capped with a thick layer of gold, they are often referred to as ‘Golden Egg’ Rolexes.

4. Myth 4 – Rolex Doesn’t Make Complicated Watches

Some watch aficionados like to categorise Rolex as a luxury watch brand that manufactures high-quality, simple watches, devoid of any complications. However, again it’s not true. Complications refer to every function on a timepiece other than telling the time. However, a complication can range from an uncomplicated date window to highly intricate annual calendars. Keeping this in mind, the fact is Rolex indeed produces complicated watches.

The Geneva-based Swiss watch brand has produced watches with date windows, the famous Day-Date collection, chronograph watches, moon phase watches and also, dual time timepieces. Besides, the new-generation Yacht-Master II comes equipped with countdown timer, mechanical memory and flyback chronograph. Also, the Rolex Sky-Dweller watches sport the highly complex annual calendar complication.

5. Myth 5 – Rolex Watchcases Never posses any Markings

Most of the luxury watch manufacturers employ their watches’ case-backs as a canvas to carve numbers, logos or any unique inscriptions. On the contrary, the solid screw-down fluted Rolex watchcases are typically not embellished. But, it is simply not true that case-backs of Rolex watches never possess any impressions.

The Rolex Milgauss Ref. 116400 has the words ‘Rolex Oyster’ as well as ‘Milgauss’ inscribed around its case-back edge. Moreover, the case back of Deepsea watches has the text ‘Sea-Dweller 12800ft = 3000m’ and ‘Rolex Oyster Deepsea’ engraved on it. Some case-backs of gold Rolex Lady President and Lady Datejust watches also have the engravings ‘Original Rolex Design’ on them.

Although you will rarely find Rolex case-backs with markings, the assertion that case-backs of Rolexes never have markings is undoubtedly a myth.

Thus, if you hear any of these famous Rolex myths the next time, delve into the fact first before believing it. However, for those who are looking to pawn a Rolex watch or sell Rolex watches in Romford or anywhere within the Essex, visit our shop at The Liberty Shopping Centre in Romford with your asset and raise quick cash immediately.

Customers residing anywhere within the Essex including Romford, Brentwood, Basildon, Colchester, Barking, Dagenham, Hornchurch, Ilford and Leyton can indeed walk into our shop straight with the item you wish to sell or pawn with Golden Cash pawnbrokers Essex.

Why Diamonds Are So Expensive?

If you have shopped for expensive jewellery, you must have contemplated purchasing something with diamonds. Diamonds are synonymous with an everlasting love, commitment and glamour. A diamond engagement ring marks the beginning of married life. Diamonds are coveted for their rarity, beauty and prestige throughout history. From delicate jewellery, beautiful engagement rings to also, an industrial tool, the gemstone plays a significant role in our regular lives. But why are diamonds so expensive?

Whether it is due to the market manipulation or its association with kings and queens, let’s today find out the answer of this burning question of why a diamond can command astronomical prices.

  • Ingenious advertising of DeBeers

De Beers is one of the leading diamond companies of the world. Founded in 1888, the company has pursued many diamond mining and explorations across the globe. During the Great Depression, diamond sales fell significantly. In the 1930s, diamonds were discerned as an extravagance for rich people to wallow in.

De Beers’ motive was to captivate people from all walks of life to fall in love with diamonds. While the firm appointed the advertising agency N.W Ayer for reigniting public interest in diamonds, De Beers introduced their favourite motto in 1947, ‘A diamond is forever’.  However, this ingenious marketing strategy met with huge success and persisted to this day. Diamonds are today the must-have gems for all brides-to-be.

Besides, De Beers worked to incite public perception of diamonds and fortify a tradition of gifting diamond rings as a sign of marriage. The company implemented a program in the 1940s where the team members would pay a visit to high schools for teaching women and men about the romantic significance and value of diamond rings.

De Beers’ intuitive marketing continued until the 1980s. They introduced many advertisements, stating ‘Isn’t two months’ salary a small price to pay for something that lasts forever?’ The advertisement consequently carries on the notion that diamonds are costly and also, that they are essential for any marriage.

  • Market Demand

Diamonds were regarded to be very rare before the 1800s and were significantly found in Brazil and India. However, the massive discovery of a large crater with an aggregate of diamonds in Kimberley, South Africa made diamonds more accessible to the market.

While this discovery could reduce the price of the diamonds, their influx on the market could also influence the rarity and therefore, reduce a diamond’s value. Thus, De Beers Diamond Company bought the diamond mines in Kimberley for preventing a decline in the gemstones’ prices.

With ownership of these diamond mines, the company was able to preside over the global diamond supply rigidly. De Beers released sufficient diamonds onto the market for meeting the annual demands. However, while it created an appearance that diamonds were rarer than they indeed were, it enabled the company to increase the diamond prices.

Today, about twenty major diamond mines are running that produce more than 120 million carats of diamonds per year. However, most of the mines are now not related to De Beers.

Are you looking to sell diamonds?   

If you want to ‘sell diamonds’ or sell your jewellery quickly and potentially get paid in cash right away, simply walk into our shop at The Liberty Shopping Centre in Romford, Essex with your asset. We will assess your item immediately and make you an offer on the spot. With trustworthy pawnbrokers Essex at Golden Cash, you are likely to obtain the best possible price when selling your diamond jewellery for cash. Thus, visit our shop today!

What is The Most Expensive Rolex Watch Ever Sold?

The Paul Newman Rolex Daytona is the most expensive Rolex watch ever sold in October 2017. The renowned actor, director, activist and racecar driver, Paul Newman owned this iconic timepiece. The price of this watch climbed at auction and finally, sold for about £13, 570,000. Now, for those who are wondering what made the Paul Newman Daytona the costliest Rolex watch to be ever sold, continue reading below as we will today have a close look at this watch’s history.

The Most Expensive Rolex Ever Sold

The 1968 Paul Newman Rolex Daytona Ref. 6239 sold for nearly £13 million pounds, making it the most expensive watch to be ever sold in the history of Rolex. However, the Bao Dai was earlier the costliest Rolex that sold for nearly £3, 800, 00.

The Paul Newman Rolex Daytona is known to feature an ‘exotic’ dial. Moreover, just 2,000 to 3,000 of these watch models were manufactured. The ‘exotic’ off-white dial comes with a black inner ring, a ‘seconds’ track in red, three black sub-dials and Art Deco numerals. The renowned actor was seen wearing this watch frequently on movie sets or while racing and thus, the watch was named as ‘Paul Newman’ in the 1980s.

A Brief History of the Paul Newman’s Rolex Daytona

Paul Newman’s wife (popular actress Joanne Woodward) presented Newman the Rolex Daytona that she purchased in a Tiffany & Co. shop. Joanne Woodward had ‘Drive Carefully Me’ engraved in the timepiece’s case back. It served as a reminder to her husband, Paul Newman who had a vigorous passion for driving race cars.

When the Swiss-based manufacturer, Rolex launched its Daytona line of chronographs, people had a lesser interest in them. While Paul Newman was frequently seen flaunting the Daytona, the watches became highly sought-after, particularly the one with an ‘exotic’ dial.

However, the watch was passed onto James Cox in 1984 who was Paul Newman’s daughter’s boyfriend. Later in 2017, Nell Newman (daughter of Paul Newman) and James Cox decided to put the iconic watch up for auction. They planned to invest a part of the timepiece’s profit on Paul Newman’s charities.

The bidding for this highly desirable Rolex watch started at nearly £764,700. While the bidding rose rapidly, it reached a record-breaking offer to about £13,570,000 after twelve minutes. Consequently, the Paul Newman Rolex Daytona became the most expensive Rolex watch ever sold.

So, who owns this Most Expensive Rolex Daytona Ever Sold?

You may be now wondering who owns this most expensive Rolex timepiece. However, the fact is that the owner of the iconic Rolex Daytona watch remains a mystery. The person was known only to be an anonymous phone bidder at the time of auction.

Want to sell your luxury watch?

Here at Golden Cash, we provide our customers with the most convenient and straightforward way to sell watches or ‘sell my watch’ in Romford. Customers residing in Romford or anywhere within the Essex can walk into our shop at The Liberty Shopping Centre in Romford straight any time during our opening hours. We will examine every aspect of your watch including its age, condition, model and others right away and determine the final price that we are willing to lend for your timepiece.

You will get your final price offer on the spot. Accept it, and we will pay you in cash immediately. Thus, bring your luxury watch you are interested in selling to Golden Cash and receive your offer with no obligation.

How to Sell My Jewellery in Essex?

Sell My Jewellery in Essex

When you need some fast cash, you can always choose to ‘sell my jewellery’ to a trustworthy pawnbroker in Essex. You may have an old heirloom gold necklace that you no longer wear or have a diamond ring of a broken relationship that may not cause much concern if you part with it. Thus, selling your pre-owned jewellery to any reliable buyer in Essex or anywhere in London is ideally the best option for you to raise extra cash immediately in a hard-up situation. Now:

Whether you are wondering, ‘where can I sell my jewellery in Essex?’ or ‘How much is used jewellery worth?’ here are the steps to follow when you decide to sell jewellery for cash. Have a look!

  • Assemble all details of your jewellery item

For those who are looking to ‘sell jewellery’ or ‘sell my jewellery’, it is foremost essential that you understand what exactly you have. A diamond ring of a designer brand like Tiffany, Cartier or Chopard may worth more than the one of a non-designer brand. And, when it comes to the components of your jewellery item, many things are taken into consideration to determine its overall value.

Are there diamonds or gemstones in it? What is their carat weight? What type of metal your jewellery item is made of? However, the rule of thumb is that higher the gemstone and metal carat weight, more valuable an asset will be.

While an antique or vintage jewellery item may fetch you a higher price, any sign of wear and tear like scratches or blemishes in the jewellery can cause a significant cutback in its overall resale value.

Moreover, the documents like the original box, papers, authenticity cards or gemological lab certificate help a potential buyer to assess the characteristics of a jewellery item and ensure its authenticity. Thus, professional jewellery buyers like at Golden Cash in Essex may prefer to buy jewellery with original documents and box in good condition.

However, it does not mean that you cannot sell your jewellery without them. You can ‘sell engagement ring’, sell a diamond ring or ‘sell jewellery’ of any type, to Golden Cash pawnbrokers in Essex and also, expect to obtain the best possible value if your asset is in good condition.

  • Choose a trustworthy pawnbroker

Whether you are looking to sell a vintage diamond ring or ‘sell engagement ring’ of a designer collection, choose a professional dealer who is honest, convenient and comfortable to work with. And, when it comes to obtaining cash for gold or selling second hand diamond jewellery, a high street pawnbroker often serves as a more flexible option.

Trustworthy pawnbrokers Essex, like Golden Cash, work with jewellery experts who have requisite knowledge and experience to accurately appraise and assess the value of any used jewellery item sold for cash.

Although many significant factors are taken into consideration like condition, metal and age to determine the actual value, the final price that the leading Essex pawnbrokers are willing to offer is also based on the inherent value of your jewellery item.

Jewellery experts at Golden Cash are always accessible to carry out a professional valuation. Thus, you can sell your jewellery to us with full confidence.

  • Directly Walk-in, Get an Offer and Get Paid

Sell your jewellery to the most trustworthy jewellery buyers in Essex and get paid right away without any obligation. Here at Golden Cash, we always work to make the process of selling pre-owned jewellery items straightforward and convenient.

Walk into our shop at The Liberty Shopping Centre in Romford, Essex any time during opening hours with the jewellery item you are interested in selling to us. Our experts will analyse every aspect of your asset including its gemstone(s) and metal and then, come up with an accurate valuation. We will make an offer on the spot. Accept it and get paid in cash right away.