Beverly Hills, California (PRWEB) January 23, 2014
Beverly Loan Company, Beverly Hills’ premier confidential collateral lender, has announced that it has begun making large pawn loans on gold and silver coins. For over 75 years Beverly Loan Company has been the go-to collateral lender for diamonds, signed jewelry, fine watches, sports and entertainment memorabilia, and fine art. Coins are the most recent addition to the list of luxury assets that may be used as collateral for a short term pawn loan.
“We identified a growing demand in Beverly Hills for these numismatic loans that was not being met. Valuation of coins is a specialty and without a well-trained numismatist on staff, it’s just not possible to make these loans. So we hired a professional with significant experience and are one of the few now able to lend aggressively against this unique asset class,” said Jordan Tabach-Bank, CEO and owner of Beverly Loan Company.
Many investors have added gold and silver coins to their portfolios during recent years as a hedge against inflation. Beverly Loan Company regularly assists such investors as well as collectors who encounter unexpected expenses or wish to take advantage of a lucrative business opportunity and require immediate liquidity.
Beverly Loan Company is both lending against and purchasing valuable coins, specifically those with rare and desirable dates. “We will offer pawn loans against and purchase coins ranging from Flying Eagles to Double Eagles, and from Trade Dollars to Morgan Dollars, as well as bullion ranging from Pandas to Krugerrands to Maple Leafs,” said Tabach-Bank. Clients who are seeking a loan against coins with numismatic value are asked to bring all available documentation when transacting business, including certification from the Professional Coin Grading Service or the Numismatic Guaranty Corporation, just as those making a loan against diamonds are encouraged to bring certification from the Gemological Institute of America.
Beverly Loan Company was the first pawn shop established in Beverly Hills and has been in continuous operation since 1938 when it was founded by Tabach-Bank’s grandfather. Tabach-Bank attributes the continuing success of his family-owned business to its strict commitment to confidentiality. Conveniently and discreetly located one block off of Rodeo Drive on the third floor of the Bank of America building at the corner of Santa Monica Boulevard and North Beverly Drive, Beverly Loan Company is one of the few collateral lenders able to provide true bank vault security to its clients. "We take confidentiality and security very seriously. We equally respect the privacy of our clients and the safety of their collateral," said Tabach-Bank.
For more information, please visit http://www.BeverlyLoan.com.