Blog - Luxury Asset Buying and Collateral Lending
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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…
Things You Should Know Before Selling Your Gold Ring
Life can be hard to predict: If you’re facing a sudden crunch, or you just want to move on from a difficult relationship, it makes sense to leverage the value of your gold jewelry by selling it. But how exactly do you do that? What are the things you should know before hand? In this…
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