Licensed Pawn Brokers
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 RM 1120.

What can I pawn?

– Gold (24k, 23k, 22k, 18k, 9k, 999, 916, 835, 750, 585, 375, Suasa etc.)
– Diamonds
– Branded watches (Patek Phillippe, Rolex, Audemars Piguet, Tag Heuer, Cartier etc.)
– Branded bags (Hermès, Chanel etc.)
– Fine art
– Fine wine and premium spirits

Are there any hidden costs?

There are no hidden costs other than the RM0.50 we charge for each pawn ticket that we issue.

Who can pawn?

All individuals over the age of 18 and possess a valid ID .

What happens if I lose my pawn ticket?

If you lose your pawn ticket for the first time, we can issue a new one at a cost of RM0.50. However, if you lose it the second time, you have to lodge a police report for security purposes. Therefore, it is always important to place your pawn ticket in a safe place.  

Reevaluation of your valuable

In the event you need extra cash, we may be able to help reevaluate your pledged item based on prevailing prices and market condition. 

Installment plan

We also offer instalment plans for your valuables. Thus, whenever you have excess cash and would like to settle a portion of your loan in order to reduce the interest paid, you can do so at any time within the 6 months. A new pawn ticket will then be issued, reflecting your new desired pawn amount.