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Where to Sell Scrap Gold: How Jewellers Can Leverage Scrap Gold and Unsold Jewelry Into a Source of Capital
The Covid-19 pandemic hit the jewelry industry pretty hard. An Orange County jeweler, a mom-and-pop jewelry store in Phoenix, was no exception. They were shut down for, which brought a major dip in their revenue. Even when they could open the store, on and off as per the Covid situation in Phoenix, they found it…
Case Study: How Vasco Assets Helped this East Coast Jeweler Leverage Unused Jewelry
A Connecticut jeweler, was a little behind the curve on trends. They mostly sold classic pieces that have lost their allure in the market in recent times and sales were visibly low. The competitor’s ads were being published on billboards, TV, and the internet. It was becoming extremely hard for them to keep going with outdated stock…
Gold, Silver, Or Platinum? Here’s What Selling Their Rings Empowered These Vasco Clients To Do
Our penchant for rare metals is legendary not only in our consumption but also in its wide range. From copper to iron to gold and silver, we’ve worn it all. And a marriage proposal or a wedding itself are perfect occasions to splurge (or invest in, from where you’re looking!) on an awesome ring. While…
How to Get Your Business Back on Track With A Post-COVID Secured Collateral Loan
The impact of COVID on businesses has been mostly disastrous. As we overcome one wave, the next one swoops in, bringing down sales and profit. In the event of a lockdown, things can be even worse. Many ventures have been forced to shut down permanently, unable to make both ends meet. However, with vaccination campaigns…
Case Study: How Vasco Helped An Orange County Jewelry Business Get Back On Its Feet After COVID With a Secure Collateral Loan
Even as the pandemic is slowly subsiding with vaccination campaigns in full swing, its repercussions persist in the economy. Since jewelry businesses have been operating on and off for the past few months due to lockdowns, they are now cash-strapped to the verge of closing down permanently. COVID-19 has left them scrambling for working capital…
How Vasco Assets Helped an Orange County Jewelry Store Stay Afloat and Retain Workers Through a Liquidation Plan
The coronavirus pandemic hit jewelry businesses hard. Just a few weeks into last year’s lockdown, management at a number of Orange County stores were struggling to make ends meet. Despite reopening for business, sales were low: potential clients called off their weddings. Others couldn’t afford higher-end engagement rings, and many chose not to spend on…
Selling Estate Jewelry: How Vasco Can Help You Get a Better Price
When her mother died, Anne Hermick inherited a prized jewelry collection: An 18k gold bracelet encrusted with diamonds, a platinum brooch, and a small pile of earrings and precious metal rings. Anne was in the final year of college. She’d been saving up for medical school, but it was too little to make a difference….
Appraising Your Luxury Watch: What To Expect When Selling
45 years ago, Peter received a vintage Rolex Submariner as a wedding gift. Ever since, the watch has had a special place in his heart. However, over the years, medical bills were slowly adding up. Peter wanted to secure his post-retirement healthcare future and decided to take a secured collateral loan on the Rolex. He…
Gold Loan Repayment Terms: What You Pay and How Much
Gold isn’t just there to look nice! For thousands of years, gold jewelry and bullion have played a critical role in securing finances during times of uncertainty. With the COVID-19 pandemic still in full swing, gold loans have become an increasingly popular way to borrow money: customers benefit from quick disbursal, no restrictions on the…
What Are The Best Luxury Assets to Use as Collateral? Vasco Helps You Decide
Jason R* had a problem: he needed bridge financing for his business due to a two-month slowdown. He had a number of luxury assets on hand – a limited-edition Rolex Cosmograph, a Porsche 911, and a seaside property he was currently Airbnbing. But how was he going to leverage these assets into a secured loan…
How Much is My Gold Actually Worth? Gold Purity, Gems, And the Vasco Valuation Process
How much is my ring worth? There’s a diamond set in it, how much is that going to increase the value? I have some 999 bullion on hand, how do we evaluate that? These are questions we get a lot at Vasco. Before selling their gold ring or getting a personal gold loan, most customers…
Why I Took a Luxury Asset Loan: We Talked to Our Clients About Why They Took a Vasco Luxury Asset Loan
The COVID-19 pandemic and the ongoing lockdowns have left people across the country in a tough financial situation: whether you’re a business owner, employee, or student, cash flow is likely tight right now. Personal bank loans are an option, but as banks are inundated by so many prospective loan seekers, processing times are longer, approval…
Get To Know Vasco: Meet Adam Bitterman
I sat with our Diamond Manager, Adam Bitterman, to discuss his role and background. Adam has served Vasco Assets and Ever Precious for 15 years and has recently returned to our headquarters in Newport Beach, California from Warsaw, Poland. Sandra: What is your new role at EPI & Vasco? Adam: I see my immediate role is to help Benny…
Luxury Asset Loan vs Taking a Bank Loan: What You Should Know
Amid the pandemic and massive economic churn, people around the world are grappling with layoffs, pay cuts, and a drop in savings. Close to 30 percent of Americans had to stop saving for retirement over the past few months to free up liquid cash. Even as the economy is getting back on its feet, people…
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