Palacio De Oro — Los Angeles Pawn Shop on Broadway

Trusted Jewelry, Gold, and Pawn Experts in Downtown Los Angeles

Overview

Located in the heart of Downtown Los Angeles at 526 S Broadway, Palacio De Oro has become a respected destination for those who want to sell, buy, or pawn valuable items. This long-standing pawn shop is known for its professional approach, fair evaluations, and wide-ranging services, making it a staple for residents and visitors alike. From gold jewelry and diamonds to watches, coins, and collectibles, Palacio De Oro provides a trustworthy option for anyone looking to exchange valuables for cash or discover unique treasures at affordable prices.

The shop’s name, “Palacio De Oro” — translated as “Palace of Gold” — captures the essence of what they stand for: quality, value, and customer satisfaction. By offering personalized attention and transparency, they ensure every client leaves feeling confident in their transaction.

Phone: (213) 683-8370
Address: 526 S Broadway, Los Angeles, CA 90013

Secondary Reference: https://www.yelp.com/biz/palacio-de-oro-los-angeles

Services Offered

Gold and Jewelry Buying

Palacio De Oro specializes in purchasing all types of gold and fine jewelry. Customers bring in rings, necklaces, bracelets, earrings, and even broken or outdated jewelry to convert into cash. The shop pays based on the daily market value of gold, ensuring that offers are competitive and fair. Their expertise also extends to evaluating pieces with diamonds, gemstones, or intricate designs, which often command higher payouts.

Diamond and Luxury Items

Diamonds remain one of the most popular items sold and pawned at Palacio De Oro. Staff members are trained to appraise both certified and uncertified stones, taking into account carat weight, clarity, cut, and color. Beyond diamonds, the shop frequently handles luxury handbags, designer pieces, and high-value collectibles. For customers looking to unlock value from their personal collection, this shop provides accurate evaluations and immediate offers.

Watches

Luxury timepieces are another cornerstone of Palacio De Oro’s business. Brands like Rolex, Cartier, Patek Philippe, Omega, and Breitling are routinely bought, sold, and pawned here. For collectors or individuals who no longer wear their high-end watches, Palacio De Oro offers a safe place to receive top-dollar offers.

Coins and Collectibles

Palacio De Oro also deals in coins, bullion, and unique collectibles. Customers who inherit estate coin collections often find this shop an excellent solution for turning rare or valuable pieces into quick cash. With knowledge of the collectors’ market, staff members provide realistic appraisals and offers that reflect both intrinsic value and market demand.

Pawn Loans

For individuals not ready to part with their valuables, the shop provides pawn loans. These short-term financial solutions allow customers to borrow against their items while retaining ownership. Once the loan is repaid, the item is returned, making this a flexible option for those needing temporary financial assistance without permanently giving up their valuables.

Location and Accessibility

Situated in the busy Broadway corridor of Downtown Los Angeles, Palacio De Oro is conveniently located for both locals and out-of-town visitors. This central location makes it easy for professionals, residents, and shoppers to stop in during the day. With its proximity to major transit routes, it is highly accessible, making the process of pawning or selling items smooth and efficient.

Customer Experience

Palacio De Oro has built its reputation on fairness, transparency, and customer service. Many clients note that transactions are quick yet thorough, with staff members explaining each step of the appraisal process. This openness has fostered long-term trust, encouraging repeat business and word-of-mouth recommendations.

The environment is designed to be welcoming, eliminating the intimidation some people feel when walking into a pawn shop for the first time. Instead of high-pressure tactics, customers are provided with honest evaluations and the freedom to decide whether or not to move forward.

Why Choose Palacio De Oro?

• Trusted Reputation in Downtown Los Angeles — Years of serving the community with integrity.

• Expert Appraisals — Staff with deep knowledge of jewelry, gold, diamonds, and luxury watches.

• Fair and Competitive Offers — Prices are based on live market conditions and true value.

• Flexible Options — Choice between outright sales or collateral-based pawn loans.

• Convenient Location — Easy to reach in the center of Los Angeles.

Tips for Sellers and Pawn Clients

For the best results when visiting Palacio De Oro:

• Bring items clean and presentable for quicker evaluations.

• Gather certificates, receipts, or boxes for diamonds and watches, which can increase value.

• Research current gold and silver prices so you have a sense of market trends.

• Bring valid government-issued ID for all transactions, as required by law.

Summary

Palacio De Oro, located at 526 S Broadway, Los Angeles, CA 90013, is more than just a pawn shop. It’s a trusted destination where gold, diamonds, luxury watches, and collectibles are evaluated fairly and exchanged with professionalism. By combining experience, honesty, and a customer-first attitude, Palacio De Oro has earned a lasting reputation in the Downtown Los Angeles community. Whether you are looking to sell unwanted jewelry, borrow against valuables, or browse unique items for sale, Palacio De Oro provides a safe, reliable, and efficient experience.