San Diego Jewelry Buyers & Local Pawn Shops Increase Co-operation During Economic Slowdown
Summary
San Diego, CA, September 19, 2008 --( “Over the past six months, more people have decided just to let their local pawn shop keep that gold chain, diamond ring, or what have you, rather than pay back the loan,” says Mr. Blackburn.“And while this is perfectly fine, it can make it tough financially for pawn shops because most of their business is based on loans, not on actually having to re-sell items to the public.” This is where San Diego Jewelry Buyers steps in.“San Diego Jewelry Buyers fortunately has the financial resources that allow us to purchase as many items as our pawn shop clients bring us,” says Mr. Blackburn.According to co-owner Carl Blackburn, San Diego Jewelry Buyers (SDJB) has been buying increasing amounts of fine jewelry, watches, diamonds, and gold from the San Diego pawn shops that it regularly works with.“Over the past six months, more people have decided just to let their local pawn shop keep that gold chain, diamond ring, or what have you, rather than pay back the loan,” says Mr. Blackburn.“And while this is perfectly fine, it can make it tough financially for pawn shops because most of their business is based on loans, not on actually having to re-sell items to the public.”This is where San Diego Jewelry Buyers steps in.