Convert your valuables into instant cash!
Pawnbroking is a fast, easy and fuss-free solution for your short-term cash needs. Simply bring your precious items – gold, diamonds, gemstones, luxury timepieces, electronics, instruments or tools into our store and we can offer you instant cash without filling in forms, credit checks or no waiting for approval.
Your items will then be stored safely in our strong room / safe during the length of your pawnbroking contract, up to a maximum of 12 months with the option of renewal. You can be rest assured that we will never sell your items during this period, and the pledged item(s) will remain yours during the entire process.
You can pay up your loan at our store at your convenience and your items will be returned to you in the original condition that was being pawned.
The process for lending is regulated, and enforced by the Ontario Pawnbrokers Act.
As a family operation, G.W. Thompson Jeweller & Pawnbroker Inc. adheres to all requirements and responsibilities of the act.
Visit a Pawn Shop!
No appointment necessary.
Our Pawn shop purchases
Cash on the spot for
We safely store your item
for up to 1 year.
Cash on the spot for approved
items and loans. Don’t forget
to claim your item within a year.
How long do I have to claim my item left for pawn?
Under the Ontario Pawnbroker Act, the loan term is valid for one year.
Why should someone go to a Pawnbroker to get a loan?
Quick cash on the spot, hassle free. Using your own personal collateral the Pawnbroker will store your item(s) onsite for up to a one year period. Reclaim your item before the expiry date, and you take it back home.
How much should I expect for a loan on my item?
Each item loaned against is based on the projected value after one year’s term. It is our objective to lend a fair value that the industry allows.