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Specialty pawn shop buys gold and platinum

Date Posted: 2008-10-31

An Okinawa City pawn shop is offering consumers relief from world economic turmoil with its program for purchasing valuable gold and platinum, paying cash for the precious metals.

Precious, located near Koza Music Town, quickly turns out-of-fashion jewelry, earrings and accessories, and even gold crowns for teeth into cash, making on-the-spot value assessments. Precious, unlike regular pawn shops, calculates gold and platinum values by scaling the pieces in grams using bullion quotations. The customer is even shown easy to understand charts on a computer screen the values as Precious employees offer explanations.

The valuation process takes only a minute or two, and is even faster, says a Precious official, when the would-be seller brings along an expertís certificate listing the price. The Precious purchase price is higher with the certificate of authenticity than without. Precious, while specializing in gold and platinum, also has adopted a system for purchasing diamonds.

Precious offers free valuations on precious metals, and provides free jewelry cleaning at the same time. The Precious official says people with precious metals sitting around in drawers should consider transforming that gold and silver into cash. Picture ID is required for obtaining valuations. All payments are in Japanese yen.

Precious is open daily 11 a.m. to 7 p.m. The shop is easy to find. Drive Gate 2 Street to Goya Intersection, making a left at the traffic light. Precious is located on the left, 70 meters after the intersection. Precious encourages its patrons to stay in the Koza Music Town area after visiting, taking in some shopping, as its customers are offered •500 worth of free parking at the coin parking site across the street.

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