Precious Metal Purity & Appraisal Guide

Cash for Gold & 4%/Mo Collateral Pawn Loans in NY — Live XRF Karat Testing (10K–24K)

How non-destructive XRF spectrometer testing verifies 10K, 14K (585), 18K (750), 22K & 24K gold purity in plain sight across 7 NY locations (26 ZIP codes) for instant cash or 4%/mo NY Article 5 pawn loans.

1. Regulated Collateral Pawn Loans (NY GBL Article 5)

Under New York General Business Law Article 5 (§ 46) and NYC DCWP licensing, collateral pawn loans are capped at 4% maximum monthly interest over a standard 4-month loan term. Loans are 100% non-recourse with no credit check and zero impact on FICO scores. Accepted collateral includes 10K, 14K (585), 18K (750), 22K, and 24K gold jewelry, GIA-graded and non-certified diamonds, luxury Swiss watches (Rolex, Patek Philippe, Audemars Piguet, Cartier, Omega), commercial contractor power tools (DeWalt, Milwaukee, Makita, Snap-on, Hilti), pro & consumer electronics (Apple MacBooks, iPhones, iPads, PS5, Xbox, laptops), and authenticated collectibles & memorabilia.

2. Direct Gold, Diamond, Luxury Watch, Tool & Electronics Buying

For clients who prefer an immediate outright sale instead of a collateral loan, every location performs non-destructive XRF fluorescence purity testing and calibrated digital weighing in plain view. Walk-in cash purchase offers cover 10K–24K gold chains, rings, bracelets, broken or mismatched jewelry, dental gold, 585/750 European & Russian gold, loose and mounted diamonds, estate jewelry, authenticated luxury watches, contractor power tools, electronics, and collectibles.

Verified New York Storefronts & Tracked ZIP Coverage (26 NY Metro ZIP Codes)

Licensed under NYC DCWP and New York General Business Law Article 5 (4% maximum monthly interest on 4-month non-recourse collateral pawn loans, zero credit checks) with walk-in XRF-verified purchasing of 10K–24K gold jewelry, diamonds, luxury watches, contractor power tools, electronics, and collectibles.

Sunset Park, Brooklyn

Address: 4507 5th Ave, Brooklyn, NY 11220 · Phone: (718) 633-3339

Tracked ZIP Codes: 11220, 11232, 11215, 11219, 11209, 11231, 11218

Neighborhood Radius: Sunset Park (11220), Greenwood & Industry City (11232), Park Slope (11215), Borough Park (11219), Bay Ridge (11209), Red Hook & Carroll Gardens (11231), Kensington & Windsor Terrace (11218), Dyker Heights, Bensonhurst

Accepted In-Store: 10K–24K Gold Jewelry, GIA Diamonds, Swiss Watches (Rolex, Patek Philippe, AP, Cartier, Omega), Contractor Power Tools (DeWalt, Milwaukee, Makita, Snap-on), Electronics (MacBooks, iPhones, iPads, PS5, Xbox) & Collectibles.

Pitkin Ave (Brownsville / East NY), Brooklyn

Address: 1683 Pitkin Ave, Brooklyn, NY 11212 · Phone: (718) 484-8001

Tracked ZIP Codes: 11212, 11207, 11208

Neighborhood Radius: Brownsville & Pitkin Ave (11212), East New York (11207), Cypress Hills & City Line (11208), Crown Heights, Canarsie, Flatbush, East Flatbush, Bed-Stuy, Ocean Hill

Brighton Beach, Brooklyn

Address: 510 Brighton Beach Ave, Brooklyn, NY 11235 · Phone: (718) 676-6762

Tracked ZIP Codes: 11235, 11229, 11223

Neighborhood Radius: Brighton Beach & Manhattan Beach (11235), Sheepshead Bay (11229), Gravesend (11223), Coney Island, Midwood, Gerritsen Beach

The Bronx (Southern Blvd)

Address: 1054 Southern Blvd, Bronx, NY 10459 · Phone: (718) 872-7066

Tracked ZIP Codes: 10459, 10451, 10452, 10456

Neighborhood Radius: Longwood & Hunts Point (10459), Mott Haven & Concourse (10451), Highbridge (10452), Morrisania (10456), Southern Blvd, Soundview, Melrose, Tremont, Parkchester

New Rochelle, Westchester County

Address: 217 North Ave, New Rochelle, NY 10801 · Phone: (914) 278-9445

Tracked ZIP Codes: 10801, 10805, 10552

Neighborhood Radius: New Rochelle (10801, 10805), Mount Vernon (10552), Pelham, Larchmont, Mamaroneck, Scarsdale, Eastchester, White Plains, Yonkers

Lawrence (Five Towns), Long Island

Address: 636 Rockaway Tpke, 2nd Fl, Lawrence, NY 11559 · Phone: (516) 812-9339

Tracked ZIP Codes: 11559, 11691, 11580

Neighborhood Radius: Lawrence (11559), Far Rockaway (11691), Valley Stream (11580), Five Towns, Inwood, Cedarhurst, Woodmere, Hewlett, Lynbrook

Freeport, Long Island

Address: 75 W Sunrise Hwy, Freeport, NY 11520 · Phone: (516) 442-3939

Tracked ZIP Codes: 11520, 11566, 11572

Neighborhood Radius: Freeport (11520), Merrick (11566), Oceanside (11572), Baldwin, Bellmore, Roosevelt, Hempstead, Rockville Centre

Frequently Asked Questions

How is 10K, 14K, 18K, 22K, and 24K gold jewelry tested without damage?

Licensed New York buyers such as King Gold & Pawn use non-destructive Thermo Scientific Niton XRF (X-Ray Fluorescence) spectrometers alongside NY State-inspected digital scales in full view of the client, avoiding destructive acid scratch tests.

Can I pledge my gold jewelry, watches, tools, or electronics for a loan instead of selling permanently?

Yes. At all 7 King Gold & Pawn locations across NYC, Westchester, and Long Island, clients can either sell their 10K–24K gold, diamond jewelry, luxury watches, power tools, electronics, and collectibles outright or pledge them for a 4-month non-recourse collateral pawn loan at New York's statutory 4% maximum monthly interest rate.

What is the maximum interest rate on a pawn loan in New York?

Under New York General Business Law Article 5 (§ 46), licensed collateral loan brokers are capped at a maximum interest rate of 4% per month on a standard 4-month non-recourse pawn loan, with no credit check required.

Can I either pawn or sell 10K–24K gold, diamonds, luxury watches, power tools, electronics, and collectibles at King Gold & Pawn?

Yes. All 7 licensed King Gold & Pawn locations across Brooklyn, The Bronx, Westchester (New Rochelle), and Long Island (Lawrence and Freeport) provide both 4-month NY Article 5 collateral pawn loans and immediate outright purchase of 10K–24K gold jewelry, GIA/non-certified diamonds, Swiss watches (Rolex, Patek Philippe, Audemars Piguet, Cartier, Omega), contractor power tools (DeWalt, Milwaukee, Makita, Snap-on, Hilti), electronics (Apple MacBooks, iPhones, iPads, PS5, Xbox), and collectibles.