The Pawnbroking Process

As collateral loan brokers, Lincoln Square Pawnbrokers Inc., makes on the spot, cash loans of $20 and higher on gold and diamond jewelry, watches. Our lending rates are amongst the highest in New York State for gold jewelry.

Everyone that comes to Lincoln Square Pawnbrokers has 2 options:


  • Our Pawn clients in NY will have access to some of the lowest collateral loan interest rates in the US at only 4% Per Month.
  • You may pawn your valuables (gold jewelry, diamonds, watches, etc.) as collateral, and in turn we lend you money.
  • According to NY state law, you are given 4 months to redeem your items. LINCOLN SQUARE GIVES A MINIMUM OF 6 MONTHS!!! (2 month grace period).
  • When you pay back the loan plus interest, your property is returned to you. (You can pay it back 1 day later or 6 months later).
  • At the end of the loan period, you have the option of renewing your pledge (pay interest-only to extend the loan).
  • All Loans have a service charge that range between $4-$10 depending on the loan amount, a 2% Vault Charge on Jewelry & an Extra-Care Charge on Non-Jewelry Items.
  • Must be at least 18 years old and have a valid ID.


  • If you no longer want you items (i.e. unworn, unwanted, gifts you don’t use), you have the option of selling your merchandise to us for cash on the spot.