Licensed Pawn Brokers

PAWNING PROCESS

• Valuables are assessed according to weight/condition/market value.
• Customers present their ID/passport/driver’s license/work permit OR any card issued by an authorised party.
• Customers will be issued a pawn ticket and will receive the loan amount.
• Pawn tickets can be renewed or redeemed at the end of 6 months.

WHAT WE ACCEPT

• Gold (24K, 23K, 22K, 18K , 9K, 999, 916, 835, 750, 585, 375, Suasa etc.)
• Diamonds
• Designer watches (Rolex, Patek Philippe, Audemars Piguet, Tag Heuer, Cartier etc.)
• Designer bags (Hermès, Chanel, Goyard, etc.)
• Fine art (renowned international and local artists) (NEW) *terms and conditions apply
• Fine wine and premium spirits (NEW)

How pawning works?

Your valuables will be assessed by a trained valuer and a pawn amount will be given based on current market rates. Present your IC/passport/ID once the pawn amount is agreed upon (customers must be at least 18 years of age or older). Thereafter, our data operator will record your information and a pawn ticket will be issued. The interest rate not exceeding 2% per month is charged based on the pawn amount.

Renewal?

We understand that you may forget or may not be able to redeem your valuables at the end of 6 months due to existing commitments. Therefore, we will always notify you via mail before an upcoming auction. You can either redeem your valuables or renew your pawn ticket for a further 6 months based on the standard interest rate not exceeding 2% per month.

Redemption?

You may simply redeem your valuables at any given time within the 6 months timeframe. Assuming your pawn amount is RM1000, when you redeem your valuables at the end of 6 months, the interest payable is RM120 based on the following calcuation: RM1000 x 2% x 6 months. Therefore, the total amount payable is RM1120.