Pawn a wedding ring
We hereby inform you that in accordance with the provisions of the Federal Law dated 04/03/2020 No. 106-FZ “On Amendments to the Federal Law “On the Central Bank of the Russian Federation (Bank of Russia)” and certain legislative acts of the Russian Federation regarding the specifics of changing the terms of the loan agreement, agreement loan" and the regulatory legal acts adopted in its development, including Government Resolution No. 435 of April 3, 2021 "On establishing the maximum amount of credit (loan) for credits (loans), under which the borrower has the right to contact the lender with a demand on changing the terms of the credit agreement (loan agreement), providing for the suspension of the borrower’s fulfillment of its obligations”, Information Letter of the Bank of Russia dated 04/05/2020 No. IN-06-59/49 “On the specifics of the application of Federal Law dated 04/03/2020 No. 106-FZ”, Pawnshop borrowers are entitled to holidays on consumer loans. The borrower can apply for a credit holiday until September 30, 2021; this opportunity is given once for each loan agreement.
The borrower can submit an application for a credit holiday in the manner provided for in the agreement, including by telephone specified by the borrower when registering it.
Credit holidays can be issued only for those contracts that were concluded before 04/03/2020.
Credit holidays can be issued for any required period of up to 6 months. In this case, the start date of the credit holiday should not be later than 14 days after submitting the application.
One of the conditions for granting holidays is a reduction in income for the month preceding the application by more than 30% of the average monthly income of borrowers for 2021.
The borrower must provide the pawnshop with any of the following documents within 90 days of filing the application to verify the decrease in income:
- certificate in form 2-NDFL for 2019-2020,
- certificate of unemployed status,
- sick leave for a period of 1 month or more.
For the purpose of obtaining documents confirming a decrease in income in electronic form (if providing them from the accounting department of the employing organization is difficult), we recommend that you follow the Letter of the Ministry of Finance of Russia dated May 27, 2020 No. 05-06-06/3/44742 and use the following electronic services: (for obtaining a certificate in form 2-NDFL and information about the status of an individual personal account from the Pension Fund of the Russian Federation - for those working under an employment contract), (to obtain a certificate about the status of calculations (income) for professional income tax (KND 1122036) - for the self-employed).
Unemployment status can be obtained on the website:
Please also note that during the grace period (during credit holidays) interest is charged on the principal amount at a preferential rate of 2/3 of the rate under the loan agreement. So the deferral is not free.
We also draw your attention to the fact that the pawnshop has the right to refuse to provide a credit holiday if, when checking documents, it turns out that the borrower does not meet the established criteria. In this case, the deferment on payments is canceled, and the borrower will have to repay the missed payments in full for the entire term.
1. Information about the lender (pawnshop) – hereinafter referred to as pawnshop, lender.
1.1. Lender - LLC "Lombard M", address of the permanent executive body: 119021, Moscow, Zubovsky Boulevard, building 16-20 building 1, room room XI 4.
1.2. Official website of the organization on the Internet information and telecommunications network www.lombardm.com
2. Requirements for the borrower established by the pawnshop, the fulfillment of which is mandatory for the provision of a consumer loan:
2.1. The borrower can be any individual who has presented an identification document, as well as other documents required in accordance with the Federal Law of 08/07/2001. “On combating the legalization (laundering) of proceeds from crime and the financing of terrorism” No. 115-FZ (hereinafter referred to as Law No. 115-FZ).
Note: in cases and in the manner established by Law No. 115-FZ, a pawnshop has the right to refuse a client to carry out a transaction with funds or other property, or to suspend this operation.
2.2. A mandatory condition for granting a loan is the provision by the borrower of security by pledge of property to the pawnshop: jewelry and other household items made of precious metals and precious stones.
2.2.1. A prerequisite for the transfer of property as collateral is that it belongs to the borrower by right of ownership, that the property is not pledged by third parties, and that the pledged property is not the subject of a dispute with third parties.
2.2.2. The borrower agrees that the property for which, in accordance with the Federal Law of July 19, 2007. No. 196 “On pawnshops” a penalty has been issued; the pawnshop, if necessary, provides it for testing and branding with the state mark of the Russian Federation.
3. Terms for consideration of an application for a consumer loan completed by the borrower and a list of documents required for consideration of the application: not applicable, because an application is not required, since the pawnshop does not offer additional services to the borrower for an additional fee.
4. The provision of a loan and the acceptance of an item as collateral is carried out when the borrower applies to a pawnshop, after issuing a pledge ticket and individual terms of the consumer loan agreement in accordance with the procedure established by the legislation of the Russian Federation.
5. Type of consumer loan provided: short-term loan secured by jewelry and other household products made of precious metals and precious stones, for a period of no more than one year.
6. The amount of the loan that can be provided to the borrower on collateral is determined by the Pawnshop depending on the type and quality of the products being pledged, the period of use of the loan, whether the borrower fulfilled its obligations under previous agreements with the Pawnshop, and the expected price and timing of the sale things if they are not claimed.
6.1. In accordance with paragraph 1 of Article 358 of the Civil Code of the Russian Federation, the amount of the loan issued with interest for the period of use of the loan established by the agreement cannot exceed the amount of the valuation of the collateral established in accordance with Article 5 of the Federal Law “On Pawnshops”.
7. The term for using the loan is set at the Client’s request within the range from 1 to 30 days. The day the loan is received (the day the property is pledged) and the day the borrower’s obligations are repaid (the redemption day) are considered the days of using the loan.
The grace period during which the pawnshop does not have the right to sell the pledged item is 1 month after the expiration of the established loan repayment date specified in the pledge ticket.
8. Loans are issued in Russian rubles.
9. Loans are provided by issuing cash.
10. The interest rate for using a loan for the period up to the 30th day (inclusive) ranges from 60% to 144% per annum, which corresponds to 0.16% to 0.40% per day and depends on the loan amount and the period of actual use of the loan .
Specific interest rates for each loan are indicated in the individual terms of the consumer loan agreement and in the pledge ticket. If the loan is used beyond the established loan repayment period, the interest rate changes in accordance with the agreement.
11. No other payments by the borrower (except interest) are provided for under the loan agreement.
12. The range of values of the total cost of the loan provided (FLC) for the type of loan provided by the pawnshop is from 61.490% to 163.075%.
13. Repayment of a consumer loan with interest is carried out in one payment. Partial and/or early repayment and/or interest is possible at any time before the sale of unclaimed property. In this case, the loan repayment period is extended.
14. The borrower has the right to refuse to receive a loan at any time before receiving funds under the loan agreement.
The loan with interest is returned by depositing cash at the pawnshop cash desk (at the place where the loan was received). This method is free.
15. The fulfillment of the borrower’s obligations under the loan agreement is secured by collateral, which is transferred to the pawnshop. The pawnshop has the right to sell unclaimed property after the grace period has expired in accordance with the Federal Law “On Pawnshops”.
16. Responsibility of borrowers for improper execution of the loan agreement, incl. The collection of penalties is not provided for in the contract.
17. The borrower is not obliged to enter into other agreements in connection with receiving a loan, except for a loan agreement at a pawnshop, drawn up with a pledge ticket.
18. Information about a possible increase in the amount of the borrower’s expenses in rubles: an increase in expenses in the form of interest for using the loan is possible only if the period of actual use of the loan exceeds the period established by the borrower and specified in the loan agreement.
19. The borrower is informed that he has the right to prohibit the assignment by the pawnshop to third parties of rights (claims) under the loan agreement.
20. The jurisdiction of disputes regarding claims of a pawnshop against a borrower is determined by law.
21. These General Conditions of the Loan Agreement are established by the pawnshop for the purpose of repeated application to them; in accordance with the Federal Law “On Consumer Credit (Loan)”, Article 428 “Affiliation Agreement” of the Civil Code of the Russian Federation is applied.
22. The pawnshop and the borrower agree on the individual terms of the consumer loan agreement, which, along with the “General Conditions of the Loan Agreement,” are a mandatory component of the consumer loan agreement.
23. In all other respects that are not provided for by these General Terms and Conditions of a consumer loan agreement, the provisions of the loan agreement in a pawnshop, executed by a pledge ticket and the individual terms of the consumer loan agreement, as well as the provisions of the Civil Code of the Russian Federation, the Federal Law “On Pawnshops”, the Federal Law “On Consumer Credit Loan” and other legislative acts of the Russian Federation.
Buying gold rings
If you are looking for an expensive purchase of gold rings or rings with diamonds and other stones (emeralds, sapphires, rubies, topazes, etc.), the Valantis pawnshop is ready to offer a comprehensive assessment of the ring, in which we take into account not only the weight and fineness of the precious metal in the product, but also many other characteristics, such as condition, brand, quality of stones, etc.
Where to find expensive earrings in Moscow?
In order to sell gold earrings and receive an adequate amount, several conditions are required.
1) Assessment of the condition of the product.
2) Valuation of precious stones.
Any piece of jewelry is a whole complex; the cost of the precious metal in it is not the largest part. However, many purchases in no way or purely symbolically take into account these important characteristics of the product. This is due to the fact that all products are processed in a factory that produces its own earrings, and does not sell others.
Jewelry pawnshops specialize in the purchase and sale of jewelry, including earrings; the larger the assortment, the higher the sales, and in order for people to take advantage of buying earrings, it is necessary to offer better conditions than in ordinary pawnshops.
Why is it expensive for us to buy gold earrings?
Our jewelry pawnshop is located in the center of Moscow, on a busy street, and we have a wide customer base. By accepting earrings, we can be confident in the further sale of the jewelry to the new owner. We do not buy and sell earrings at prices like in a jewelry store, since we do not have the cost of renting huge retail spaces, salaries and training of many employees, logistics, etc., but the price at which we buy gold earrings is higher than most pawnshops in Moscow, not to mention the regions.
The price consists of the following characteristics:
1) Condition - the better, the more expensive you can sell them.
2) Design - a beautiful decoration, with a modern or classic design it will be more attractive, and therefore more in demand, than with an outdated design.
3) Brand – we buy earrings from such famous jewelry houses as Tiffany, Cartier, Chopard, Chaumet, Mikimoto, etc. for very substantial money.
4) Availability of documents, certificates - if you have them, don’t forget to take them with you, it will be a plus.
5) Inserts made of precious stones - the cost of stones depends on their quality.
6) Additional accessories - boxes, brochures, booklets, etc.
How do you buy earrings with sapphires?
When purchasing earrings with sapphires, a gemologist checks the quality of the stones and calculates their cost.
1) Number of sapphires.
2) Weight, carat.
3) Color, coloring of the stone.
4) Cleanliness, presence of external and internal defects, inclusions, etc.
5) Cut
Having added up the cost of the product and the cost of the stones, the appraiser will name the amount that we can offer you.
Buying earrings - advantages of Valantis
1) Valuation of earrings as a product - we do not send products for melting down and for good, beautiful jewelry, we are ready to pay an adequate market amount.
2) Valuation of precious stones - many people know that buying earrings with sapphires at Valantis is one of the best and recommend us to their friends.
3) Operational work - assessment, preparation of necessary documents, payment of money, takes 10-15 minutes of time.
4) Convenient location - we are located in the very center of Moscow, near the Novokuznetskaya and Tretyakovskaya metro stations.
5) Free assessment - we do not charge money for the assessment; it is up to you to decide whether to buy earrings.
If you need to buy gold earrings, with sapphires or diamonds, we are waiting for you in our pawnshop!
How gold is valued in a pawnshop
Each financial organization independently sets the rate for 1 gram. However, the cost of gold and the amount to be issued in different pawnshops are approximately the same. When setting the price, the Central Bank rate, London fixing, and market factors (for example, increased demand, high competition) are taken into account.
In the contract you can find the estimated cost of the product. It will be 5-20% more than the maximum possible loan amount. In this way, the pawnshop insures itself against the risks of the client refusing to repurchase and pay interest. The difference between the estimated and actual value will cover the pawnshop's expenses.
The closest price per gram to the estimate can be obtained by regular customers who have previously purchased their items. The loan term also affects the assessment. The shorter it is, the lower the risk for the pawnshop and the higher the price per gram.
What does the price consist of?
The cost of gold depends on the fineness of the alloy. The higher the standard, the more money you can get per gram. The price of the product is also affected by:
- weight;
- presence of scratches, damage;
- desire and possibility of further repurchase;
- term of the contract.
The cost of one gram is set based on the net weight of the precious metal. Be prepared for the appraiser to subtract the approximate weight of stones and other inclusions (metal springs in locks, significant contamination) from the number on the scales.
How to calculate the price yourself
For independent calculations, you need to know the exact weight and sample of the product. The price of gold in pawn shops is no secret. You can find it by phone, on the website, or at a stand near the branch. You need to multiply the cost of one gram of the corresponding sample by the net weight of the product (without stones).
If you don’t have scales at home, you can find out how much gold jewelry weighs at the same pawnshop or jeweler. Some companies offer a free estimate, while others will require you to pay a fee for the appraiser's work. To save on assessment, you can declare your intention to pledge the product. Once you find out the possible loan amount, you can change your mind and not sign the contract.
How to find out the current price for 1 gram of gold
The cost of 1 gram of sample accepted by a pawnshop can be clarified directly in the branch from the appraiser, at information stands, or by calling the call center. Current quotes are also posted on pawnshop websites. Below you will find a chart showing changes in gold prices.
Advantages and disadvantages of selling gold to a pawnshop
The advantage of pawnshop lending for clients is the speed of the transaction. It will take up to 15 minutes to verify the collateral and sign the papers. Money is issued immediately. The client has the right to redeem the product ahead of schedule by paying interest for the actual days of using the money.
Another advantage of a pawnshop that few people know about is that it can be used as a temporary storage facility for valuables. This will be useful if you are going on vacation or a long business trip.
There are also disadvantages to using pawnshop services. Gold items will be accepted here for the price of scrap. Some companies separate jewelry into categories, but even then, the difference in cost between new and broken earrings will be negligible. Alcohol and drug addicts and gambling addicts often turn to pawn shops for “quick” money.
Such organizations issue loans for short periods from one day to several months. If necessary, the contract can be extended. You will have to pay a considerable percentage for the cash received. A pawnshop loan will cost much more than a bank loan.
