You may know us at AMETA Finance Group as your go-to source for collateral loans on luxury watches, but did you know that we also offer loans on jewelry? Our partnership with trusted Manhattan jewelry and watch seller Avi & Co. allows us to expertly and accurately appraise both luxury timepieces and fine jewelry quickly and effectively. We find out your piece’s market value after a careful inspection and appraisal, and then we can offer you a loan as a percentage of your item’s current price on the secondary market.

Wondering how to get a loan on jewelry and which items of jewelry might be eligible for a loan? You are in the right place. Our team at AMETA Finance Group is here to help, guiding you through the jewelry loan process from start to finish. Join us as we take a closer look at this little-known tool for getting the most out of your valuable assets.

How Do Jewelry Loans Work?

Before we get into the nitty gritty of what types of jewelry you can (and should) borrow against, we should ensure that we all have a baseline understanding of how jewelry loans work. Basically, jewelry loans are a type of collateral lending.

Collateral lending is an alternative to traditional lending methods that you might pursue with standard banks or financial institutions. With a collateral loan, you borrow against the value of an asset. Many different types of assets can be used for collateral loans: think luxury watches, jewelry, antiques, fine art, high-end cars, real estate, and more. Generally speaking, the loan amount will be disbursed as a percentage of the value of your item.

So, why are collateral loans so attractive? In other words, why not just walk into your local bank and scoop up a personal loan?

Well, traditional lending methods come with a number of hurdles and obstacles that can make it difficult for the average person to borrow money. First off, most personal loans are capped at about $50,000. This means that if you need a large influx of liquidity, a standard personal loan may not fit the bill and offer you all that you need. On the other hand, we can offer collateral loans of up to $5 million here at AMETA Finance Group.

Additionally, standard personal loans often come with high interest rates, with current averages sitting between 12% and 14%. At AMETA, we offer competitive 4% interest rates. Yes, you read that right! You will pay less than one-third of the standard personal loan interest rate when you borrow with AMETA Finance Group.

It is also worth noting that interest rates for personal loans fluctuate based on your credit score. Those with less-than-perfect credit can essentially be penalized for their past financial decisions or hardships with higher personal loan interest rates. Collateral loans do not rely on credit checks to determine a borrower’s eligibility for a strong rate or a loan altogether. With no credit checks, you will not have to worry about embarrassing credit conversations or being hit with frustratingly high interest rates based on just one component of your full financial picture.

What Types of Jewelry Can You Borrow Against?

Now that you better understand some of the benefits of a collateral loan, we can break down the different types of jewelry that you can borrow against. Securing a jewelry loan is possible with most high-quality pieces of jewelry, but there are a few key categories to keep in mind when you are considering which pieces to leverage.

Remember, collateral loans are typically given as a percentage of your item’s market value. When you decide to pursue a jewelry loan, our team at AMETA will carefully appraise your piece to determine how much it is worth. Then, we will offer you a loan of up to 60% to 80% of the item’s market value. Some types of jewelry tend to yield more consistent and predictable prices on the secondary market, which makes them more attractive to lenders.

Brand-Name Jewelry

Borrowing against brand-name jewelry is generally the gold standard when it comes to jewelry loans. So, what qualifies as brand-name jewelry? Think well-known brands like Tiffany & Co., Van Cleef & Arpels, Harry Winston, or Cartier. Recognizable items or features, like the popular Van Cleef & Arpels Alhambra motif, the Tiffany & Co. bean necklace, or the Cartier LOVE bracelet are particularly appealing to lenders. If you have the original box and paperwork that goes with these pieces of jewelry, all the better. Offering the original box and authenticity papers can make your item more valuable as a whole.

Why does the brand name matter? Basically, when lenders are determining how much money to allow you to borrow, they are thinking about the slim possibility of you not paying back the loan. If you fail to pay back your loan, after a legally allotted additional grace period, the lender can claim your item as their own and sell it off to regain the money that they lost from the loan. So, they want to ensure they are only borrowing against items that they will actually be able to resell. Brand-name pieces like the ones mentioned above are great examples of jewelry that will always hold onto its market value and is not expected to dip or fluctuate in popularity, making it a secure and predictable choice for a lender to offer a loan against.

GIA-Certified Gems

Even if you do not have brand-name jewelry, you still may have some excellent heirloom pieces that are ideal for borrowing. If you have GIA-certified gems, your pieces are worth much more than those without this certification. Basically, GIA (Gemological Institute of America) certification paperwork verifies that your gemstones are authentic and offers a portrait of the gem’s quality, accounting for inclusions, clarity, flaws, or anything else a jewelry may want to be aware of. The GIA offers certification paperwork for many different types of gems, including emeralds, rubies, and sapphires. Of course, they are best known for their diamond grading.

Having GIA paperwork for your gems reduces the legwork that lenders must do in order to accurately appraise your precious stones. This makes it easier for them to resell the gem if necessary as well, as proving quality is much simpler when paperwork is involved.

Component-Based Assessments

FAQs About Loans on Jewelry

Can I borrow against my engagement ring?

Yes, you can borrow against your engagement ring. For many people, engagement rings are an excellent option for jewelry loans as they are typically made from precious metals and contain larger gemstones. Many engagement ring diamonds have accompanying GIA paperwork, too.

Are jewelry loans better than a pawn shop?

Jewelry loans from a specialized lender are much better than using a pawn shop due to the loan-to-value ratio offered. At AMETA, we can offer you 60% to 80% of your loan’s market value. Pawn shops typically offer just 25% to 50% of their appraised value.

Is heirloom jewelry good for a loan?

If you have heirloom jewelry in your family, you can definitely use it to get a loan. Heirloom jewelry that has been passed down for generations is often made from high-quality components such as precious metals and stunning gemstones. Even if you have long since lost any paperwork that the jewelry came with, you can borrow against your jewelry collection.

Can I get a low-interest jewelry loan?

At AMETA Finance Group, we offer competitive interest rates for both jewelry and watch loans. Our 4% interest rates are some of the lowest you will find on the market today.

Rewrite Your Financial Future at AMETA Finance Group

The moment that you take out a loan on your luxury watch or jewelry with our team at AMETA Finance Group, you are turning the page starting a new chapter of financial wellness and success. Our partnership with Manhattan’s elite jewelry and watch retailer Avi & Co. helps us make our appraisal process faster and more accurate than other lenders on the market. Whether you are looking to leverage a diamond ring or borrow against a vintage Rolex, AMETA Finance Group is the place to turn for reliable and reputable collateral loans.

Reach out to our team today to kick off your asset loan journey.