Many times individuals are in need of some quick cash, but don’t necessarily want to part with their valuable asset for various reasons. This is where pawning your valued asset could be the temporary solution to your short term cash needs. When pawning an asset to a pawnbroker you will be paid cash on the spot, and the pawnbroker will hold your item as collateral for up to 60 days. You can reclaim your asset by paying the pawnbroker back within 60 days for a modest service charge thus temporarily solving your short term need for cash. Unlike selling your gold, where all sales are final, pawning your can be a perfect solution to your short term cash needs while still providing the opportunity to reclaim ownership of your valued asset at a future date.