We are proud to announce that our Trusted Dealer John, Prestige Watches &Diamonds Ltd, is now one of the protagonist of the famous British TV Show MILLION POUND PAWN.
ABOUT THE TV SHOW:
From helicopters to houseboats, designer watches to the family jewels,people across the country are sitting on a veritable gold mine of assets, and in the midst of the current economic crisis many are turning to Britain’s pawnbrokers to help transform their prized possessions into cash. This fascinating new three-part ITV series opens the door to this fast moving and often lucrative industry, telling the story of people with incredible assets and the eye-watering stakes at play; for both the owners and pawnbrokers trying to close the deal and make a profit. From the well-heeled entrepreneur looking to shore up their business, to the single Mum hoping to fund medical treatment for her son,we unearth the real life stories behind those walking through the pawn broker’s door and how much they are hoping to raise by parting with their valuables.
Borrowing money from a pawn broker comes with higher interest rates but customers can also sell their assets and with each transaction we willl earn about the rare and sometimes unusual items, what their real value is according to the pawn broker and ultimately whether the price is right to seal the deal.
With unforgettable characters, heart-warming stories and an array of incredibl eassets, this series will reveal the emotional and financial stakes at play in the often hidden world of pawnbroking.
Credit: MILLION POUND PAWN.
The TV Shows interviews John, Prestige Watches &Diamonds Ltd, Trusted Dealer of Mondani Web based in Surrey, UK:
How has Covid-19 and the changing economic climate affected Pawnbroking?
Although these have been very difficult times, the government is supporting businesses and people. What the future holds is very uncertain for everybody, no matter what line of business you are in.
What might a typical day involve?
Every day is a different story, whether it be a regular client coming in and having a catch up or a new client with a new and individual item to value. Our day is always full of colourful people and interesting conversations.
What’s the most expensive item (watch or jewel) you’ve had in your hands?
That is a hard one. We’ve had Tiffany rings worth $150,000 and Rolexes worth £10,000. Today that Tiffany ring is more or less the same value, but that vintage Rolex has more than tripled in price in that time! I can’t bring myself to look at some of the prices of vintage pieces now compared to 3-5 years ago.
What’s the best thing about your job?
Hearing the stories behind the items.
Why did you choose this job?
Every day can be different.Ilike the cut and thrust of the deal -some you win some you lose -but every day is a new challenge.