Maxi-Cash accepts high-value, pre-owned luxury items, including gold jewelry (min. 9K), gold bars/coins, diamonds, luxury timepieces (e.g., Rolex, Omega), and designer bags. Broken gold jewelry is also accepted. They provide instant cash valuations at their stores, and items can be sold or pawned.
Maxi-Cash pawn shops only accept gold bars, gold jewellery with a minimum 9K gold content, gold jewellery with gemstones, platinum jewellery, diamond jewellery, luxury bags, and luxury timepieces for pawning.
Yes, you can generally sell 1 gram of gold, as most buyers do not impose a strict minimum weight requirement. Gold can be sold in the form of jewelry, coins, or bars, provided it was acquired legally.
Proof of address (≤3 months) – recent utility bill, council tax, or bank statement. (Confirms residency; dealers must keep records.) Bank details in your name – payments go to an account that matches your ID (name match helps prevent fraud). LGC's policy states payment is sent only to verified customer details.
If you need fast cash but want to keep your jewelry, pawning is ideal. If you're ready to part with your jewelry and want the most money upfront, selling is the better choice.
A mistake that people make when selling gold is not getting multiple appraisals. It's important to have your gold appraised by multiple experts to ensure that you're getting an accurate value. This can help you avoid getting scammed by buyers who offer you a low price for your gold.
PAN card and Aadhaar (identity proof) are mandatory, especially for transactions over ₹2 lakhs to comply with income tax rules. Some buyers may request you to bring passport-sized photos and any purchase receipts, though sometimes old gold sells without bills via identity checks.
Whether you're selling gold bars, jewellery, or other gold items, Maxi-Cash provides a trusted environment for acquiring the true value of your assets.
How much will a pawn shop give you for a $1000 item?
Con: Pawnshops only loan you about 25% to 60% of an item's resale value. If you pawn a piece of jewelry worth $1,000, you might get a loan amount of between $250 and $600, but you won't get the value of the item. And, of course, you'll risk forfeiting a $1,000 piece.
Apart from the significantly lower value, pawnshops also charge high-interest rates for the loans. Interest rates vary by state, but they typically range from 5% to 25% per month. This means if you can't pay back the loan within the agreed timeframe, your debt continues to grow exponentially.
In India, to calculate the price of 1 gram of gold, multiply the current gold rate per gram by the purity percentage of the gold item. For instance, if the current gold rate is ₹4,000 per gram and the gold item is 22-carat (91.6% pure), the price for 1 gram would be ₹4,000 × 0.916 = ₹3,664.
As of January 22, 2026 at 02:44 AM ET, the live Silver spot price for 1 ounce of Silver in U.S. dollars (USD) is $94.89, 1 gram of Silver is $3.05 and 1 kilogram of Silver is $3,050.78. Silver spot price can fluctuate by the second, driven by investment supply and demand, and other factors.
The best places to sell gold in 2025 are reputable online gold buyers like CashforGoldUSA and established local precious metals dealers, with online buyers typically offering 90-95% of spot price compared to 70-80% from local options.
Totoo Bang Customs Can Seize Your Gold, Fine You, or File a Criminal Case!. This video is for educational purposes only. Always follow customs and border protection laws.
