Personal asset lenders will advance money against fully paid up jewellery. Jewellery can include items such as rings, necklaces, bracelets, watches, earrings and all forms of wearable jewellery.

Most lenders will generally ask you to send them a valuation certificate together with a picture of the jewellery. From there, they will do a “desktop” valuation. They will typically offer you 60%-70% of the trade value of the goods. If you agree on a loan value, they would then ask you to bring the goods in to verify the authenticity.

As with motor vehicles, the lender will keep possession of the jewellery for the duration of the loan. The jewellery will be stored in safes.

Things that will affect the value of watches are:

  • The make and model of the watch
  • Whether the watch has been serviced
  • Condition of the watch
  • How popular the model of the watch is

Things that will affect the value of jewellery items are:

  • The gold and diamond content of the jewellery
  • In the case of diamonds, whether you have a GIA laboratory certificate