Carver W Reed &Co.
121 S 10th St, Philadelphia, PA 19107, Corner of 10th & Sansom Sts |
Call us Today: 215-923-1443

Jewelry Loans in Philadelphia, Pennsylvania

Expect confidential, courteous loan service from Carver W. Reed & Co., a pawn shop with more than 150 years of experience offering jewelry loans in Philadelphia, Pennsylvania. We make low-interest collateral loans on fine diamond and gold jewelry. Find out what thousands upon thousands already know.

How Does It Work?

Bring your jewelry to us for an on-the-spot appraisal. We then offer you a loan ranging from 25% to 50% of the jewelry's resale value.

How Long Do We Hold It?

Unlike any other pawn broker in the city, we issue you a ticket that is valid for six months. You are also granted a 90-day grace period after the six months, in accordance with Pennsylvania Department of Banking regulations, giving you a total of nine months to either pay off the loan or pay the charges due, which will give you a new loan.
canary diamond earrings- Philadelphia, Pennsylvania

How Much Is the Interest?

We charge the lowest amount allowable by law. Again, we are regulated by the Pennsylvania Department of Banking, so the interest is set at only 3% per month. You only pay for the months that your jewelry is here. For instance, if you borrowed $1,000 and came back to get your jewelry in one month, the interest would only be $30. Where else can you borrow $1,000 for $30?

You owe no interest until you take it out or the six-month term ends. Keep it here for one day or 10 years. The choice is yours.
diamond ring- Philadelphia, Pennsylvania

What Happens to the Jewelry People Do Not Come Back For?

Contrary to popular belief, less than 5% of our customers do not come back to retrieve their items. That 5%, however, supplies us with one of the most beautiful displays of jewelry for sale found anywhere in the city. More importantly, because our costs are so much less than our competitors, you can find bargains galore on beautiful rings, watches, bracelets, necklaces, earrings, and more at up to half the price of a regular retail jewelry store.
"I love Carver W Reed & Co – they have the finest jewelry, the most knowledgeable clerks and the best prices – I know people who go there to shop and to borrow money — they provide services where banks cannot compete. Very professional and safe place to shop right in downtown Philly."