As the economy continues to tighten, the San Diego Jewelers Exchange (SDJEX) has emerged as the must-stop shopping complex for San Diego jewelry shoppers looking to make the most of their hard-earned dollar. The SDJEX is becoming increasingly popular because shoppers can sell their old jewelry here and then use that extra cash to help purchase a new item from one of the many affordable retail shops or artisan studios located inside the Jewelers Exchange Building.

“Over the past several months, we have seen a tremendous increase in business,” says Carl Blackburn, president of San Diego Jewelry Buyers (SDJB), the exchange’s leading buyer of pre-owned watches, gold, and diamond jewelry. “Some shoppers are coming to us to get extra cash to pay the bills, but many are using the money we pay them to finance a new gift for a loved one. Here at the San Diego Jewelers Exchange, we can find customers the perfect jewelry gift, plus help them finance that purchase.”

According to Blackburn, shoppers often take advantage of San Diego Jewelry Buyers’ large stock of pre-owned fine diamonds, watches, and estate jewelry, which has been restored to pristine condition. Other times, Blackburn takes customers to visit one of the exchange’s many fine jewelry artisans, such as award-winning designer Timothy Meier, to order a custom-made ring, earring, or necklace.

“No matter what you are looking for, a Tiffany diamond ring, a Rolex watch, a David Yurman bangle, or a one-of-a-kind creation, at the San Diego Jewelers Exchange you’ll be able to get it at a price well below original retail,” says Blackburn. “And the bonus is that we are located in the Gaslamp Quarter of Downtown San Diego, right next to the dining and entertainment district, so with the money you save, you can head over to one of the many excellent restaurants and entertainment venues to enjoy a great evening.”

To learn more about the jewelry buying and collateral loan services provided by San Diego Jewelry Buyers visit their website at: www.sandiegojewelrybuyers.com or drop by their showroom (Suite 110) at the Jewelers Exchange Building.

This Week’s Gold Seller Question:

What is a good price for dental gold scraps by the gram?

Answer From: San Diego Jewelry Buyers

Depending on the gold purity of your dental scraps, we would be paying you roughly between $10.00 and $20.00 per gram. Let me explain how that works: Dental gold scraps can vary in actual karat rating (gold purity) from between 40% gold content all the way up to as high as 80%. So, for example, if gold is trading on the market at $900 per troy ounce, and your scraps tested at 40% gold purity, then we would be paying you $9.83 per gram. If your scraps tested at 80% gold purity, then we would be paying you $19.67. These figures are calculated at 85% of gold’s current trading price, to leave room for operating and refining costs, and to cover risk of gold prices taking a sudden drop. These figures are based on the assumption that you have only a small quantity of gold (less than one ounce), but in case you have a lot of dental gold we sometimes pay higher for larger quantities.

We tell customers that the best thing to do is come into our office so that we can test the karat rating of their dental gold scraps, and let us make them an offer. There is no obligation to sell to us, and we offer this service free of charge. We’re available any time from 9:00 AM till 4:00 PM Monday through Friday, no appointment necessary. Our office is located at 861 Sixth Avenue (between E Street and F Street), in the Jewelers Exchange Building, downtown San Diego (in the Gaslamp District). We’re at the far right corner of the ground floor, suite number 125. Please ask for Carl Blackburn. You may call ahead if you’d like, to let us know what time you’ll be coming in, our telephone number is (619) 236-9603.

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Here at the San Diego Luxury Pawn Shop Report we are always looking for unusal news stories that jewelry lovers might be intrigued or surprised by. Here’s a good item: Lesotho Unearths 478 Carat Diamond!