Pawn Loans:
APR as low as 36% to 240%
You may choose a loand period from 90 days to up to one year.
Loan may be repaid at any time without penalties.
A 3% to 17% storage fee will apply.

For example, a $100 loan taken out for 90 days would require a repayment of $160.

Royal Pawn Chicago
428 S. Clark St.
Chicago, IL 60605
Tel: 312-427-6542 


FREE PARKING in our lot - look for the big yellow sign!

Hours: Mon - Fri, 9am to 6pm; Sat 10am to 5pm

©2016 Royal Jewelers & Loans, A-Royal Redemption Center, Inc.

Royal Pawn Chicago is the best place in Chicago to sell gold and diamonds. We are the Chicago gold buyer who pays the most for gold. We buy gold, diamonds, platinum, silver, scrap gold, broken gold, gold coins, gold bars, unmatched gold earrings, gold necklaces, gold rings, class rings, military rings, silver coins, silver bars, antiques, fine jewelry, luxury watches, flat screen TVs, laptop computers, digital cameras, MP3 players or any items of value. You can sell your items or get a loan. Royal is Chicago's biggest and oldest pawn shop. Our family has been in the pawn brokerage business for over 100 years! We always PAY CASH FOR GOLD and valuables! Click here for your nearest pawn shop location.

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*Actors may be used to portray real transactions. Cash offers are based on the current value, weight, quality, and/or resale value of your merchandise.

Sell Jewelry

The ring pictured above is a 6 "carot" diamond! Now you know! It's available for sale here at Royal. Call 312-427-6542 if you're interested. Or, bring in your diamonds, Royal is the best place in Chicagoland to sell your quality diamonds. We can also give you a loan using diamonds as collateral.

What is a diamond carat? A guide for buying and selling diamonds in Chicago

What's a carat?

A carat is a unit of weight that is used to measure the mass of gem stones and pearls. 1 carat = 200mg. The word "carat" comes to English from the Greek and Arabic words for "carob seeds" Way back when, traders used carob seeds as a balance on their scales when they weighed gold.

The difference between carats and karats

“Carat” is a variation of “karat”. The “carat” refers to gem stones and is a unit of weight, “karat” refers to gold and is a unit of purity. Outside of the US and Canada, the spelling “carat” is used to refer to the purity of gold.