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PAWN SHOP in Brooklyn, NY

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IN Gold Corp. is a family-owned pawn shop in Brooklyn specializing in buying, selling, and lending on gold, silver, diamonds, platinum, and jewelry with 26+ years of industry experience.

Data compiled from public sources

PAWN SHOP Review

IN Gold Corp., doing business as IN Pawn Brokers, is a family-owned pawn shop operating in Brooklyn, New York for more than 26 years. The company has established itself in the jewelry industry with a focus on honest, professional service to customers researching short-term cash access or looking to buy and sell precious metals and jewelry. The business operates two convenient locations in Brooklyn (2619 86th St and 2486 Coney Island Ave) and maintains a strong commitment to industry standards and customer transparency.

IN Gold Corp. offers three primary services: purchasing gold, silver, diamonds, and jewelry for cash on the spot; selling pre-owned jewelry and precious metals; and providing collateral-based pawn loans on these items. They advertise competitive pricing based on real-time precious metal prices, and new customers receive advertised 0% interest to verify for the first 30 days on pawn loans. All items are weighed and tested in front of customers using scales that are calibrated and certified by the New York City Department of Consumer Affairs. The company also employs a GIA (Gemological Institute of America) certified gemologist on staff.

What distinguishes IN Gold Corp. is their emphasis on transparency, customer protection, and industry credibility. They explicitly state that items are tested and weighed in front of customers, offer a 15-day hold listed refund term with a 100% listed satisfaction term allowing provider-stated refunds if customers are unsatisfied, and maintain memberships in the Jeweler's Vigilance Committee. They also comply with the Military Lending Act and clearly disclose the 36% interest cap for active-duty service members. The company positions itself as a family business that treats customer items with respect and provides friendly, reliable service.

However, there are honest limitations to consider. Pawn loans involve interest charges beyond the promotional 30-day period, and rates are not transparently disclosed on the website. As a collateral-based lender, this is a short-term financing option suitable only for customers who can afford to repay or are willing to forfeit items. The company does not offer traditional personal loans or credit-building services. While convenient for short-term cash access, pawn lending should be viewed as a last resort, not a primary financial tool.

Services & Features

15-day item hold guarantee with satisfaction guarantee and refund option
Accurate weighing and testing on NYC-certified calibrated scales
Book appointment scheduling for pawn or sale transactions
Compliance with Military Lending Act protections for active-duty service members
Item appraisal and valuation in-person at either location
Pawn loans on gold, silver, diamonds, platinum, and jewelry
Phone consultation for estimate inquiries at (718) 339-4653
Purchase and sale of diamonds with GIA-certified gemologist evaluation
Purchase and sale of gold jewelry and precious metals for cash
Purchase and sale of watches and timepieces
Real-time precious metal price quotes (gold and silver pricing displayed)

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • advertised advertised 0% interest to verify to verify for first 30 days on pawn loans for new customers
  • GIA-certified gemologist on staff ensures professional gem evaluation
  • Scales certified and calibrated by NYC Department of Consumer Affairs for accuracy
  • 100% listed satisfaction term with 15-day hold period to reclaim items without loss
  • Two convenient Brooklyn locations for accessibility
  • listed process: items weighed and tested in front of customers
  • Member of Jeweler's Vigilance Committee demonstrating industry credibility
  • Explicit compliance with Military Lending Act (36% interest cap for active duty)

Cons

  • Interest rates after promotional period are not disclosed on website, making true cost unclear
  • Pawn loans are short-term solutions requiring repayment or forfeiture of collateral
  • Limited to precious metals, jewelry, diamonds, and watches—no other collateral types accepted
  • No online application or remote appraisal option; requires in-person visit to either location
  • 15-day hold period creates time pressure for customers to repay loans

State Consumer Finance Context

This is state-level context for Pawn Shops consumers in Brooklyn, NY. It does not confirm that PAWN SHOP or this specific location is licensed.

State regulator

New York Department of Financial Services

Money services context in New York

Short-term lending status: Banned

General rate context: 16% civil usury; 25% criminal usury; payday lending banned

New York bans payday lending through its 16% civil usury and 25% criminal usury caps. The Department of Financial Services aggressively pursues illegal online payday lenders. Consumers have strong protections under state law and can file complaints with DFS or the Attorney General.

Key state rules to check

  • Payday lending is banned; civil usury cap of 16% and criminal usury cap of 25% make it illegal.
  • The Department of Financial Services actively enforces against online payday lenders targeting NY residents.
  • Licensed lenders under the Banking Law may charge rates agreed upon for certain loan types.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does PAWN SHOP offer?

PAWN SHOP offers 11 services including Pawn loans on gold, silver, diamonds, platinum, and jewelry, Purchase and sale of gold jewelry and precious metals for cash, Purchase and sale of diamonds with GIA-certified gemologist evaluation, Purchase and sale of watches and timepieces, Real-time precious metal price quotes (gold and silver pricing displayed), and 6 more.

What profile signals are listed for PAWN SHOP?

PAWN SHOP has profile signals associated with Individuals with valuable jewelry or precious metals who are researching short-term cash access and can repay within 30-60 days, Customers selling jewelry or gold for fair market value without the hassle of online marketplaces, Active-duty military members seeking short-term loans with the 36% MAPR protection, People seeking a short-term cash access alternative to payday loans or personal loans using collateral they own.

What are the strengths and weaknesses of PAWN SHOP?

Key strengths: advertised 0% interest to verify for first 30 days on pawn loans for new customers; GIA-certified gemologist on staff ensures professional gem evaluation; Scales certified and calibrated by NYC Department of Consumer Affairs for accuracy. Areas to consider: Interest rates after promotional period are not disclosed on website, making true cost unclear; Pawn loans are short-term solutions requiring repayment or forfeiture of collateral.

How does PAWN SHOP compare to similar companies?

In the Pawn Shops category, comparable providers include 24hr pawn shop, A-1 Pawn Brokers, Abe Mor Diamonds. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
404 Utica Ave, Brooklyn, NY 11213
BBB Accredited
No
Visit PAWN SHOP

CreditDoc Profile Note

Research Note on PAWN SHOP

IN Gold Corp. is profile signals for individuals with valuable jewelry, gold, or diamonds who are researching short-term cash access and have the ability to repay a short-term loan or are willing to sell their items outright. The main caveat is that pawn loans are inherently short-term financial products with interest charges after the promotional period—this should only be used as a last resort for short-term cash needs, not as a regular financing solution, and customers must be prepared to either repay the loan or lose their collateral.

Profile Signals

  • Individuals with valuable jewelry or precious metals who are researching short-term cash access and can repay within 30-60 days
  • Customers selling jewelry or gold for fair market value without the hassle of online marketplaces
  • Active-duty military members seeking short-term loans with the 36% MAPR protection
  • People seeking a short-term cash access alternative to payday loans or personal loans using collateral they own
Updated 2026-05-08

Similar Companies

24hr pawn shop logo

24hr pawn shop

NYC-based pawn shop offering same-day cash for luxury watches, jewelry, diamonds, and electronics with extended hours until 2 AM on weekdays.

BBB: NR

Profile signals: Individuals researching short-term cash access for luxury items (watches, jewelry, diamonds) without appointment hassles, Night-shift or late-evening workers who need pawn services outside standard business hours

A-1 Pawn Brokers logo

A-1 Pawn Brokers

A-1 Pawn Brokers offers collateral-based loans and direct purchases of valuables including gold, silver, diamonds, and watches with 35+ years of experience.

BBB: NR

Profile signals: Consumers with poor or no credit history who are researching short-term cash access and may not meet traditional loan criteria, Individuals with valuable items (jewelry, watches, coins) they're willing to pledge short-term for liquidity

Abe Mor Diamonds logo

Abe Mor Diamonds

Family-owned diamond and jewelry buyer/seller in NYC since 1954, offering both retail purchases and consignment sales through their online platform.

BBB: NR

Profile signals: Jewelry store owners and retailers seeking wholesale diamond inventory with personalized supplier relationships, NYC-based consumers selling inherited diamonds or jewelry who prefer local in-person evaluation

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Quick Summary

  • PAWN SHOP is listed as a Pawn Shops provider in Brooklyn, NY on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
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