Tapper's Gold Exchange FAQs

How does the lending/loan process work?

Tapper’s Gold Exchange Lending is a 90-day collateral loan during which you may pick up your items at any time. As a state-licensed and regulated pawnbroker, we charge 3% a month, plus a $3.00 storage fee. At the end of your loan, you can decide to make a redemption or renewal of your loan.

Tapper’s Gold Exchange offers a 14 day grace period on all loans at an additional charge of 1 month’s interest plus $3.00 service fee.

Can I sell my jewelry and timepieces without getting a loan?

Yes. You can sell your unwanted jewelry and timepieces at any one of our four Tapper’s Gold Exchange locations. Lending is only available at our Birmingham location.

Does your Birmingham location offer other things besides lending?

Tapper’s Gold Exchange also buys and sells gold, estate jewelry, and timepieces in addition to lending.

Can you get a loan at any Tapper’s TGE location?

At this time, loans are limited to our Birmingham Tapper’s Gold Exchange location. You may visit our locations in West Bloomfield, Troy and Novi to buy or sell gold, estate jewelry, and timepieces.

When are loan payments due?

Payments can be made at any time during the loan or paid all at once at time of pickup, but must be paid prior to the end of the 90 days in order to maintain ownership of your pledge/pawn. Only cash payments will be accepted.

What happens if I don’t make my payments on time?

At the end of the 90 days, if the principal and interest are unpaid, ownership of the pledged item will be transferred to Tapper’s Gold Exchange. If the interest has been paid, we can offer you a renewal, which extends your loan for another 90 days.

How is the worth of my jewelry evaluated?

The value of your item is calculated based on the current market value.

What items do you accept for lending?

Tapper’s Gold Exchange accepts several types of personal assets as collateral for your loan, including fine jewelry, gold & precious metals, diamonds, gemstones, and timepieces.

Trade In - Trade Up

Trade In - Trade Up

Time for more sparkle? Trade in your old diamond and get a full credit applied toward the purchase of a new one!

Financing with our Tapper's credit card

Financing With our Tapper's Credit Card

Making your dreams come true is easy with the variety of financing options we offer.

Customer Care

Customer Care

Learn more about the Tapper’s Difference.

Diamond Buying Guide

Diamond Buying Guide

It's probably the most significant purchase you will make. Let us give you a hand.