Woman Shocked At The Price Of Her Diamond Necklace | Posh Pawn S1 E1 | Our Stories

prestige are not the typical

pawn

brokers, we look at almost anything like that, handbags, fine wines, art, antiques, jewelry, watches, cars, and in prosperous Surrey there is no shortage of clients who want to

pawn

their luxury items to get their hands on much needed money in the hope that it will be worth it. minus 20,000. it's a hit and miss business, come on this is absolutely amazing, 10 fighter jets that have their opps which is magnificent, it's something the queen would actually use and its downsides, these are not

diamond

s, they could cost us hundreds of thousands of pounds and with a lot at stake, there's just one big question you're probably considering about a quarter of a million.

How valuable are your valuables? It smells like money. Welcome to the world of porn classy as a pawn shop business that dates back thousands of years, in fact, some say. it's the second oldest profession in the world Jesus now in the 21st century has never been more popular oh my god that's amazing we see all kinds of things coming through the door whether it's designer handbags, fine watches, jewelry, supercars, Sex on wheels, isn't it if it's tall? -final and expensive I want it, you can come in and in a matter of hours I can leave a position with hundreds of thousands of pounds and when do you need funds for today good afternoon good morning ladies, how are you?

I mean, people get into prestige with absolutely everything. I mean, you know you have the car in front, they have the helicopter in the field, behind, we basically learn against anything as long as it doesn't breathe. Sorry Britain's wealthy commuter belt is one of the most prosperous areas of Britain and is home to a pawn shop run by millionaire James Constantine the pawn shop is a challenging business there is always someone trying to stitch you up oh no it doesn't suck I'm not being funny someone's been sleeping rough there you know we've all done it Our thing, I mean I love motorcycles and Patrick likes bags.

Good morning, expect that I have a good team behind me. They are a peculiar group. We are like a big happy family. We definitely made it to five, but at the end of the day. We're all into pawnbrokers, now you get excited, yeah, I'm waiting with bated breath, it's pawn, not porn, well since the recession started, I mean a high percentage of our clients are rich clients, I mean that these people have houses that we would die for six seven eight rooms. You have more land than probably covers most of Surrey. They have everything you want, except cash.

And that's where we come in, mother of four, Ingrid from Cobham, is typical of a new generation of customer walking through the pawn shop doors with a detached house valued at a million and a half pounds she is far from poor in assets there are six bedrooms in the house there is a bedroom there there is another bedroom there there are two more bedrooms here and a bathroom there is another bedroom there another bedroom there and a last bedroom on this road here I live in a nice house, but I wouldn't call myself rich , but as she looks to turn a lifelong passion into a profitable business, she needs a way to raise funds.

I've had horses all my life ponies horses I can't live without a horse actually I can't live without a horse so far it's been a hobby but I hope to turn it into a business the idea is to buy horses in Ireland and then bring them over and sell them there you have it, you're spoiled that's my dream to make money with horses that will be great to fund your dream ingrid plans to pawn an old family heirloom right, what do you think of this? It's quite ostentatious. It is not like this? She has an antique

necklace

with over 200 stones.

I'm hoping to get around £40,000 for it. That's what I would like. I actually have no idea how much it's worth. It's beautiful, but it's too much. for me to wear my wellies, whatever your circumstances, pawn brokers serve people who need cash, pawn shops operate very simply, people bring their belongings to us, we value them and give them We offer a loan that is generally up to 70 percent of the value of an item. value your interest is 42 pounds per calendar month the contracts are for seven months we keep the item with us up to the capital and we interest you at the time of exchange if the customer cannot pay at the end of the term we sell the item if you cannot come to pick it up, just give us a note and obviously we will try to help you because otherwise you could lose the watch.

Thank you very much, regards, goodbye, in addition to lending against valuables, most street pawnbrokers also double. as a jewelry retailer, ingrid is bringing her antique

necklace

to the pawn shop to be appraised a job for the new girl nickname hi hi just wondering if you could take a look at my necklace um i have it appraised please oh wow, this is beautiful, yes. is how old is she, do you know correctly? Well, it belonged to my grandmother, I don't really know, but around the 1960s, I would say it's very nice, old cut

diamond

s. A small stone is missing, if you could leave it. us for a couple of days okay we'll get the best offers that would be really lovely thank you that looks amazing thank you bye bye she really liked it I think that's why I was more excited because she when I opened up . when she opened the box, um, the look on her face, she really liked it Joe, are you free?

Do you love me for Christmas? Yes, this is on sale, not just for Christmas. Oh wow, damn shame, isn't it? My God, that's right. great feeling, you know the granny in downton abbey, yes, it's really nice to see monica excited because she's quite studious and very direct, look at that, she's really quite animated looking at that, which is brilliant, she's smiling from here to here, it's really easy. get too excited about an article and I always tell everyone not to get too passionate because they might admire her judgment. Most pawn shops will lend against any legal item of value.

Carl Exchange here from prestigious pawn brokers and the staff at Waybridge have learned to wait. the unexpected when it comes to antiques, yes I have an antique bear. Now I'm not totally convinced it's an expensive bear, but I don't know anything about bears. I'll take it to the shojo to put my mouth on the end. that weapon and given his reputation for lending against the unusual and outlandish investigations that often come from further afield today, James received an inquiry from a Nigerian businessman attempting to obtain a multimillion-dollar loan against a fleet of 10 fighter jets. The first email we received.

Good morning James, I called earlier regarding the acquisition of a fund loan against 10 units of Supercat Jaguar 16 fighter aircraft, all in very good condition with a neat body. My goal is to bring them. I can't even say it. I can't even say it again. My aim is to bring it to the UK. You should have detailed information before inquiring about transport costs to the UK. It sounds pretty crazy to be honest with you, but we have to move on. Joe is a little skeptical. Your instinct tells you, come, my glass is always half full, not half empty.

You know I'm an optimist. No, Joe, a good entrepreneur will always have a desire to win over the fear of losing because I think it is a burden. Oh, come on. That's not even a harsh warning, warning, that's all I'm saying. James won't hand over a seven-figure sum yet, but the fighter jet offer has certainly caught his attention. I get a little emotional when it comes. to big kid toys, whether it's fighter jets, ferraris lamborghinis, I'm always there first when it comes to appraisal, just remember it's heavy, buddy, the pawn shop is used to dealing with the weird and the wonderful, and Policeman David is looking to sell something.

The ordinary here is a personal yellow submarine when my son first told me he had won a personal submarine I thought he was joking, David's son Barry thought he was entering a competition to win a sandwich originally they said, oh, You've won a Sub and a drink, so you thought you were just going to get a subway coupon. And then the man on the phone said, "No, you won the sub. I'd be surprised if this would hold up, why not?" You go in and take a look, see what it's like, how did you get here? You look like a spaceman, it doesn't really make sense to me, no, it's a nice bright color, you wouldn't miss it, if it did, my son is already done. in college, obviously like most students in college he has major debt, I just want to get rid of the sub and get some money for him.

I wish I had won a car, actually one, two, three, the competition in the magazine says it's worth about nine and 500 quid I'll take it to the pawn shop and see what they offer. This underwater explorer has never been used. Okay, it's very difficult to explain. Wow, so if James is going to sell it, he'll have to check that it works first. place your order if we can put it in the water and test it, that would be fantastic. Cheers, Joe, you won't believe what I just saw outside, that's great, I'm going down next week in the yellow submarine, oh, you are. prankster guys just put it in, oh my god, so wait a minute, what do you mean you're going in?

Take it in uh, in the pool, a pool, yeah, I thought, what if it tips over, oh yeah, where your head is bigger than Your body better ask them to balance it with some boots, we might need a bit of a drag, we deal with unusual items and obviously the more unusual the more risky the loan, so I'm basically putting my ass on the line when it comes to loans. money against these very unusual items so that james can secure the sale of the complicated sob and help david's son pay off his student debts little yellow submarine well, never as a pawn shop booms in britain after the recession a pawn shop in Surrey is making its mark by specializing in luxury goods with over £2 million worth of Bentleys, Porsches and Ferraris, Boss James' garage would be the envy of any oil lover, all of these cars belong to wealthy clients who have temporarily traded them in for cash loans, security is tight and, like all cars, the pawn shop's products are kept firmly locked off site today James is appraising a vintage Rolls-Royce that he will only lend against its resale value, so so even luxury brands like this should be examined before making a deal, it seems pretty clear that upper body, but there is a little bit of bubbles in some places, right?

There are plenty of cars out there that are very shiny and look fantastic, but once you get down on your knees and take a good look under them, it's a different story. The owner of this classic car wants to use it as collateral for a £17,000 loan. Okay Dave, I know the good ones cost 60-70 grand for one with very low mileage. Where did you see this one in retail? Do you think 20 25 in trading? I think James' inspection can judge how much he is willing to lend to restore them. It's absolutely a fortune to work on, so we have to be careful, we'll be happy to make the 14k if that's it.

Good for you, sorry we couldn't get more, we've never sent money to the wrong customer yet, so fingers crossed. James closes the deal, but it is three thousand pounds less than what the client wanted in post-austerity Britain. Banks can still be reluctant to lend, so people from all walks of life are turning to pawn shops. Marcella, 42, needs money to support her budding career in the music industry. Well, I've described myself as a recording artist, that's what you know. She dedicated me mainly to writing. I've dabbled in writing before, but to be honest with you, I never took it seriously.

A single mother, Marcella, has a three year old son to support, he is my whole world, he really is, oh. It's there, raising a child, especially alone, is very expensive, you need money for school fees and travel, and possibly college Marcello wants to focus on songwriting professionally and needs funding to fund his first release if you can even make it big. with just one. song that you can financially fix gave. I gave this piece to my mother and then, when I left home to come live here, my mother gave it to me. It is a beautiful necklace.

It's really in the house. I have no idea how much it is worth. The setup is that she says she's Marcella because she's worth £20,000. Oh, I would hear those magic words. I want to use that money to support my beautiful little boy and you know it's for his future too. That's very important and you. You're right, yes, well, Marcella is taking her necklace to Patrick at the pawn shops in the Richmond branch. Patrick is in charge of the business's bags, but when he is notinspecting more closely. On Marcella's necklace there are no real hallmarks here and I see a 925 hallmark that tells me it's silver, not gold, so the diamonds probably aren't diamonds either, as far as I know, they wouldn't set diamonds in silver in the ordinary way .

As for the diamonds the fakes are amazing some of them some of the technology today is amazing and you really have to know what you are doing and this tells me these are not diamonds so I don't think she is looking for 20 000 pounds she will be very disappointed I think it will be maybe I don't know she has I guess a few hundred pounds if Patrick's suspicions are correct Marcella's family heirloom could be worth much less than the twenty thousand pounds that the world of houses needs Lending against any counterfeit item could cost a company thousands of pounds after worrying late-night discovery Patrick James returns to top jeweler Ian Towning I'd like you to know that the lads are pretty self-sufficient in terms of their assessment, but if I've taken anything that it's not quite right or even fake, so I wouldn't be happy with it, but let's put it that way, how are you?

Patrick wasn't too sure about it, they definitely died, yes, yes, I think. She will be very pleased with it, so the lady wants to lend it. She wants to learn again. Yes, she needs to know what exactly the sale value is. Does she know? I would always be cautious about giving too much into these things. Thanks for helping cheers the diamonds are real but with thousands at stake James' headache is far from over It's the end of a busy month at the pawn shop and for three customers it's time to find out how much their items are worth first cross the line the door Ingrid who wants to sell the diamond necklace she inherited, she hopes it's worth the £40,000 she needs to set up her horse import business, thanks for how excited you were, I can't wait, okay, look, we've seen it well , I mean it's a spectacular piece, as you probably already know, yeah, it looks like it was a one-of-a-kind piece.

I know you had some sort of value in your head of around 40,000, right? Yes, to be honest with you, there is retail value. We're probably looking at about a quarter of a million, yeah, so there's no way we've had an offer from a customer, a good 120,000 customer of ours, obviously, there's a big difference between top-tier retail and what actually can be achieved with it. a particular wow, yeah, so that's it, oh my God, I had no idea that it's absolutely, oh wow, that's it, I don't know what to say, I was just expecting to get £40k for it.

Have you ever had it? rated no, it's never been in the closet all this time, I mean, when you brought it in the box it was a little dusty, yeah, it would have been because it was on the lid, yeah, so, that's absolutely amazing if you accept that offer, we can do it pretty quickly if you want to accept it, yes I definitely do, we will contact him now and we can transfer funds tomorrow, oh my goodness, there is a great thrill in telling someone that something is worth five or ten times more than you anticipated and obviously in some of those cases they are life-changing sums.

Thanks for coming. Thank you so much. I can not believe it. It's just that I would never do it in my life. I always imagine I was going to get 120,000. It's just amazing, it's absolutely amazing. I am not a greedy person. I just thought I'd get like 40,000 for it sometime. It's absolutely impressive, isn't it 120,000? That was good. It was good enough for me, so Ingrid leaves with an offer of £80,000 more than he expected in Bracknell. Michael, 26, is also hoping for good news: will the scroll he found in his attic be valued at £10,000, the amount his family needs? to get out of debt, best case scenario for me, £5,000, £10,000, I think that would be great, worst case scenario obviously we know what's right, now it's roll call time, Michael , I don't really want to be called, but anyway.

It's time to move on Hi, I'm Lawrence from Prestige Hi Laurence, how are you? I'm fine, so we have a definitive answer on the subject. Okay, when you brought it in, I thought it was a bit. I'm not sure if he's real or not but the good news is he's real okay I was thinking 10 thousand unfortunately right you'd be weighing 150 to 200 pounds 150 to 200 pounds yeah and you can't go , I do not want to say. In fact, he offered me 150. And I said, "You're very nice. Could you do it a little more?" it's not okay she's not happy because I came look she'll come to pick you up I think I think it's 200 this is good we'll have a big party at my house I'll arrange the money for you and then we'll go from there excellent okay have a good night thank you for calling, don't worry, cheers mate, bye, that was disappointing, I think I put on a pretty brave face, but I think I was very, very disappointed, I lost it when he said ten thousand and then he fell over. chair 200 pounds we're rich we're rich 200 pounds is uh it's better than nothing I'll take it I'll take it any day the worst part of the job and that's so easy is letting people down because they've come to Ask for help and you're basically saying you can't help them , that's definitely the worst part of the job.

He is going to invest. 200 investors will buy some shares within five years, twice as many, and then obviously they'll go on from there before you know it. If we're going to make that million, you know, we're talking. Amen. To that, in London, single mother Marcella is also waiting for vital news. She wants to pawn a necklace she passed down to her grandmother for those I've been waiting for. I'll soon find out how much the necklace is worth. I'm getting quite nervous about that. Yes, since I took it she has been on my mind so much. I think you know if it's worth it. a thousand is worth twenty thousand is worth more i can feel my bill going ten to a dozen i don't know what i'm going to do if it's actually worth nothing poor patrick they put him to the test with this one and he had his doubts about it, but, under close scrutiny, everything was checked it was good patrick hello buddy ah your old friend my little sleepless nights in the city has been checked yeah basically it's the real deal so we've got some reviews that's good news , you can convey the news to the customer, hello, hello, I'm Patrick, from the prestigious Marcelo, hello Patrick, yes, he's talking, I love you, thank you, yes, I have some news about your necklace, yes, actually he had me a little. a little worried at one point, but uh, yeah, I don't know what your original thoughts were when you brought it in, well, I mean, I expected it to be worth around twenty thousand, yeah, I mean, I had to take a good look at it, like it was initially. worried about the class because the class is actually showing the silver oh, is that right? uh, it kind of alerts me to the fact that maybe the article wasn't real.

My hands are shaking right now. I'm sorry, I said. My hands are shaking right now. yes, yes, it's worth a lot more and you're really looking to learn. Oh my goodness, go on, yeah, well, I mean, I can talk about it, but the article is a beautiful piece and the experts said it was a lovely piece. Plus, they really liked it, so it's absolutely valuable. As for the value, as a retail item, it's actually over 120,000. Hello, my goodness, no, no, I'm not serious, obviously, that's retail. I know you're looking to move for yourself, we're looking for a 20,000 loan, yeah, I mean that's okay, we can do it, that's not a problem, that's okay, if you want, I can give you more, I can go up to around 50,000 If you need 50,000 okay, then okay okay okay okay, I'm a little surprised, I didn't expect you to say that, take your time, have a glass of water, okay, yeah, I guess I won't buy a few. bottles yeah I'll come and join you thank you very much ok bye bye bye bye I'm not going to believe it's worth 120,000 oh my god I can't believe it.

I've had that thing in my drawer for 10 years, oh my god, so what was she like on the phone? She was absolutely stunned, I mean, you could hear a voice shaking on the phone and I thought she was, she was going to hello, are you there? Well, I certainly didn't expect him to come out. with a hundred and twenty thousand one hundred and twenty thousand pounds in the broken pawn industry, there are ups and downs and some days are very low, others are very, very high and on those really great days when you have a really good day and you've done it. a good deal, it's the best feeling in the world, you know this, it's all the possibility of obtaining financial security, you just know it, especially when you have a little one.