0 Items

With the COVID-19 pandemic significantly disrupting people’s lives, both socially and financially, we want you all to know that Raymond Lee Jewelers is here to offer some relief to help you get through these economically tough times. During this outbreak, we are operating at 0% profit. We believe it is our duty to help the Boca Raton community make it through this economic battle. We are doing this is by offering the highest prices for those who want to sell their jewelry for instant cash, as well as providing extremely fair collateral loan terms on fine jewelry and luxury watches for those who need cash but don’t want to give up their personal possession for good. 

Raymond Lee Jewelers’ jewelry buying and secured collateral loan services allow us to help keep cash flowing through our local economy while making sure people have the cash they need to make ends meet every day. We are currently making one-on-one, completely private, secure and safe appointments for those who want to liquidate jewelry or get a collateral loan.

Our appointments are conducted outside in an open tent set up with comfortable seating. We have an armed guard on duty at all times to ensure the complete safety of all our clients. Our outdoor appointments are relaxing, stress-free and completely pressure-free. We are taking all the necessary precautions for the current situation surrounding COVID-19, such as disinfecting areas, providing hand sanitizer and practicing the highest level of respiratory etiquette.

Our showroom doors will be closed to the public until further notice. For now, everything is handled directly outside our showroom. Read on to learn about the jewelry we buy and accept for collateral loans, our process, how to make an appointment, and what you can expect when you come in to discuss selling or getting a loan on your fine jewelry. 

UPDATE (MAY 11, 2020):

We are pleased to announce that our showroom is now open to the public!

Repairs are still being handled by Curbside Pickups.

So, if you want to buy, sell, trade or get a collateral loan, visit our showroom during our normal hours of operation. If you want jewelry or watch repair service, please contact us to set up a curbside pickup*****

collateral loan appointment boca raton

Sell Your Jewelry at the Highest Price – Jewelry Liquidation:

Raymond Lee Jewelers has been buying estate jewelry, gold jewelry, diamonds, and gemstones for over three decades. We take pride in offering competitive prices and helping those who live in our community get the cash they need or simply liquidate unwanted jewelry that they no longer have use for. Raymond Lee Jewelers is known around town as the best place to sell used jewelry, and we plan to keep our reputation going strong. 

We are offering great prices for gold, platinum, diamond and gemstone jewelry, fine Swiss timepieces, and loose stones. So, if you have unwanted jewelry or watches that you are ok to part ways with and you need cash today, please come take advantage of our “COVID Deals”. We even accept broken jewelry or jewelry with missing stones. If you aren’t wearing it and you are strapped for cash, this is the time to cash in. It’s a lot better than letting it collect dust at home!

All in all, we are glad to consider everything from scrap gold to one-of-a-kind historical pieces.

Get the Best Collateral Loan Terms For Your Jewelry

If you have a valuable piece of jewelry and you need help regaining your financial footing or you simply want some cash immediately so you can make an essential purchase, a collateral loan from Raymond Lee Jewelers is a great option.

First, you won’t have to give up your jewelry forever. You can pay it back over time with our very reasonable loan terms. Second, you don’t need to go through a credit check and all the hassle that comes with an unsecured loan. Not to mention, the time it takes to actually receive the loan. With our collateral loans, you get cash in hand on the spot.

We proudly offer the highest price and the best terms for collateral loans in all of Boca Raton, regardless of your credit standing as there is no credit check needed because your jewelry is used as collateral in case you default on the loan. What’s more, our appraisal is completely free, as well as pressure-free, so you have nothing to lose by making an appointment with us. The best part is, we are super flexible on the loan terms, so if you can’t complete payment by the end of the agreement, we will offer new repayment terms for you. Most jewelry stores offer around 60-day terms, ours can go as long as 10 years!

So, if you have prized jewelry that you don’t want to sell off, but you need cash now, definitely consider our collateral loan service. There really is very little risk for you thanks to our fair, flexible loan terms. 

Should I sell my jewelry or get a collateral loan?

There are two questions to ask yourself to answer this. 

Do you want the jewelry back?

Do you think you will be able to manage the monthly payments for the loan term?

If you want the jewelry back and you know you will be able to pay the loan off, then a collateral loan is what you should go for. Conversely, if you don’t really care about the jewelry and you don’t want to deal with monthly payments and interest fees, then selling it outright is the way to go. 

Selling your jewelry is pretty straight forward, we appraise it, make an offer, then you can decide if you want to sell it or not. If you decide to sell it, you get cash immediately.

Collateral loans for jewelry is also very straight forward. Here are some of the key points for Raymond Lee Jewelers’ collateral loans :

  • No credit check or applications
  • Cash immediately after accepting the loan terms
  • Low-interest rates paid each month
  • Monthly payments
  • 60+ day loan terms (up to 10 years)
  • No fees for renewing loan (all you have to do is pay the monthly minimum)
  • Your assets will be 100% secure in our state-of-the-art vault until you have paid off the loan and you come to pick them up. 

So, if your jewelry has sentimental value and you know you will be able to meet the terms of the loan agreement, then go for a collateral loan. If you don’t wear the jewelry anymore, it doesn’t hold much meaning to you, it’s broken, or not your style anymore, then definitely sell it. The fine jewelry you have lying around the house is literally cash just waiting to be handed over to you.

How much money will you get when selling your jewelry or for when accepting a collateral loan?

It depends on what you are selling. For scrap gold and platinum, and most jewelry that is not from a top designer brand, you will get the market price for the precious metal and the loose gemstones we value based on a variety of factors, but mainly the size and the quality of the cut. Stones under 1 carat do not hold much value. Anything over 2 carats will land you a premium. 

If you have a gorgeous private label piece that we can sell intact (not meltdown for the materials), then you will be looking at a higher selling price. As for designer jewelry from brands like Cartier and Tiffany, we pay more than the intrinsic value as well, as the jewelry is worth more than just the intrinsic value of the precious metal and stones.

For collateral loans, we will value your jewelry the same way we would if you were selling it. There is no limit on how much we are willing to pay. However, our average loans range from $1,000-$10,000.

raymond lee jewelers appointment
How do we value jewelry?

Jewelry is valued based on its brand/manufacturer, condition, precious metal, gemstones, age, and the current market demand. 

It will be impossible to say how much your jewelry is worth without looking at it. Fortunately, we offer free appraisals, so you have nothing to lose. You can set an appointment with us ASAP, or use our mail-in service as well. 

What jewelry are we most interested in?

Fine Jewelry (earrings, necklaces, bracelets, bangles, rings):

  • Gold Jewelry
  • Platinum Jewelry
  • Diamond Jewelry
  • Gemstone Jewelry

Designer pieces will land you a premium, especially if they are iconic designs like Cartier Love Bracelets. 

Designer pieces are worth the most: Tiffany, Cartier, Roberto Coin, Chanel, David Webb, David Yurman, Bulgari, Van Cleef & Arpels, Seaman Schepps, Schlumberger, Shreve Crump & Low, Faberge, Fouquet, Garrard, Georg Jensen, Asprey, Boucheron, and Buccellati.

The above is not an exhaustive list, so if you have a piece of jewelry from a different brand or a private label piece, don’t hesitate to contact us so you can make an appointment to have your jewelry appraised. 

Why Raymond Lee Jewelers is better than a pawnshop?

When thinking about selling your jewelry or getting a loan, you probably first think of a pawnshop, but this is a major mistake as you will not be getting a fair deal when selling or pawning your jewelry to a pawnshop. Raymond Lee Jewelers is a much better option than a pawnshop for various reasons…

Selling Your Jewelry – Why We Are Better Than A Pawnshop:

First, we offer a higher price for jewelry because we actually know what it is worth. Most pawnshops don’t have the extensive knowledge needed to appraise jewelry appropriately. Because of this, they offer a lower price to reduce their risk. Put simply, they aren’t sure how much it will (or should) sell for, so they offer a lower price to the seller to ensure they turn a profit. At Raymond Lee Jewelers, we know exactly how much we can and should sell jewelry for and what the fair market value is for loose stones because we are experts in the field. Therefore, we can offer a price that is fair for both parties. 

Second, Raymond Lee Jewelers has expert gemologists on staff and a state-of-the-art jewelry workshop with a master jewelry maker, so we can use scrap gold and loose stones ourselves, with no need for a middleman. This enables the seller to get a higher price for their broken or scrap jewelry as we handle everything in-house. 

Third, we pride ourselves on fair business dealings, especially in times like this. We aim to build a long term relationship with our clients and customers so we would never want to lowball you. Sadly, the vast majority of pawnshops have a business model that is based on lowballing people so they can turn a profit. 

Fourth, pawnshops deal with many items, not just jewelry. So, it will be much easier for us to resell your piece. This means we don’t have as much risk as a pawnshop, which allows us to pay a higher price. 

Read more about Selling Your Jewelry

Collateral Loans on Jewelry – Why We Are Better Than A Pawn Loan:

The answer to this is simple, our terms allow for longer payment periods, our interest rates are lower, and we offer more money. This holds true for even against the most upscale pawnshops. On top of that, we actually know the value of the jewelry at hand as we are expert jewelers and gemologists, where a pawnshop is more of a “jack of all trades”. If you want a good steak, are you going to Denny’s or a Steakhouse? We all know the answer to this. 

All in all, you won’t find a better collateral loan deal in Boca Raton than you will at Raymond Lee Jewelers. 

Read more about our Collateral Loans

Make an Appointment Today

If you want to get an appraisal to sell your jewelry or get a collateral loan, we are accepting appointments.

Due to COVID-19, you must schedule your appointment with us as we are not accepting walk-ins. Our appointments are handled outside our showroom, in a one-on-one, private, and completely secure and confidential environment. You will be the only customer on site. Moreover, we are taking the highest precautions for both your safety and our staff. We practice the highest level of respiratory etiquette, and we disinfect the store throughout the day, as well as any jewelry that is handled. We will also have hand sanitizer ready at your disposal.

Our Loan and Liquidation Process:

  1. Book an Appointment
  2. Meet us at the predetermined time. Our appointments are handled outdoors in front of our showroom.
  3. Private, Confidential Jewelry Appraisal 
  4. Offer
  5. Cash in hand immediately if you accept!
Mail-in Service! 

With the current situation surrounding COVID-19, we completely understand people not wanting to leave their homes. Because of this, we are now offering a completely secure, safe, fully insured mail-in service for collateral loans and jewelry liquidation. All you have to do is contact us, then we will send you a pre-paid shipping label. From there, you ship it to us (it is fully insured, same-day shipping), we appraise it, then we contact you with our buying price or loan offer/terms. If you accept, we send you a check via mail. If you don’t, we send your jewelry back exactly as you gave it to us. This simple, secure, confidential process allows you to get the cash you need without leaving your home.

Contact us if you want to learn more about our mail-in service or to book an appointment for a one-on-one appraisal meeting to sell your jewelry or get a collateral loan. 

Raymond Lee Jewelers Loan Office
Address: 22191 Powerline Road #12b  – Boca Raton, FL 33433
Office Hours: 10AM-6PM Monday to Friday; 10AM – 5PM Saturday; Closed Sunday.
Phone Number: 561-750-7808

Florida Jewelry | Luxury Watches | Raymond Lee Jewelers

Implications of non-payment: There are no financial implications. If no payment is made the loan simply defaults. Collection practices include sending a text message or email reminding the client payment is due. There is no impact to a client's credit score for late or non-payment. Loans are renewed when an interest payment is made. Maximum APR; 36%. There are no additional fees or penalties when renewing a loan. No loans offered are under 60 days. Early prepayment options that are available are not associated with any fees or cost. The loan is not required to be repaid within 60 days. The minimum repayment period is 61 days and maximum is 10 years. An example of a loan is: borrower takes $100, repays $106 in 90 days. Loan is fulfilled.

Wishlist 0
Continue Shopping
X