Can Pawn Shops Sell Fake Items?

Woman walking and carrying a knockoff handbag.

You’ve had your eye on that big-ticket item for months. You’ve waited patiently, comparing prices across various retailers, to see if the price will drop. And then you find an incredible deal. It seems like it may be too good to be true. You’re tempted … but how do you know that deal is legit?…

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Is a Pawn Shop the Best Place to Sell Your Gold?

Man writing down pawn transaction in book with cash and gold sitting on counter next to him.

One of the best ways to earn extra money is by selling your old valuables. This includes old, unworn, or broken gold jewelry for many people. Gold prices have surged in recent years, reaching all-time highs, creating an exceptional opportunity for individuals looking to boost their finances uniquely. Rather than taking up precious space hiding…

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Why Pawn Shops Are Excellent for Electronics

A man, woman, and a child shopping for laptops, computers, and tvs.

You probably wouldn’t usually think of your local pawn shop as somewhere to help with back-to-school shopping. However, you can find great deals on many things kids need once school is back in session. From desktop computers, laptops, and tablets to much more, you can send your child back to class with the latest brand-name…

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Do Pawn Shops Buy Watches?

watch for sale at a pawn shop

The pawnbroking industry is often shrouded in misconceptions. Many people believe they can only sell or pawn jewelry and gold. However, watches, especially vintage or luxury timepieces, are valuable and sought-after collectibles. Pawn shops buy, sell, and pawn luxury watches from many well-known brands. Whether it’s a rare Rolex or a well-loved Casio, a timepiece…

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Are pawn shops safe?

pawn shop sign advertising loans and buying gold and selling jewelry

When you think of a pawn shop, what comes to mind? Do you envision the stereotypical image of a dark, sketchy shop in a bad part of town? Are pawnbrokers people who are out to take advantage of you, or worse, outright steal from you? While the media might portray pawn shops as unsafe, this…

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Can you sell tools at a pawn shop?

man looking at tools for sale at a pawn shop

Do you have unused power tools lying around collecting dust? Maybe you bought them for a particular project, picked them up at a garage sale, or inherited them from a relative. They can also help you get much-needed cash at your local pawn shop. Start with research Even if you have extensive experience buying and…

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Do pawn shops buy lab-grown diamonds?

pawn shops lab grown diamonds

If you are looking for a stunning, brilliant, and sparkling diamond that is cost-effective and environmentally friendly, a lab-grown diamond may be the right choice. But do pawn shops buy or sell lab-grown diamonds? Lab-grown diamonds offer exceptional beauty and extremely attractive prices. They are the perfect choice for gorgeous jewelry on a modest budget.…

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How do pawn shops determine the price of gold?

gold price at a pawn shop

Jewelry, especially valuable pieces of gold jewelry, is probably one of the most pawned or sold items in a pawn shop. So, it’s extremely important that pawnbrokers carefully determine the authenticity and value of each piece of jewelry brought into their shop. Let’s look at how pawn shops determine the price of gold so you…

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What Will Pawn Shops NOT Buy?

Outdated computer that a pawn shop will not buy

Selling items at your local pawn shop is a great way to get some quick cash on unused things sitting around your home or garage. Most people believe pawn shops will buy absolutely anything. However, this simply is not true. While pawn shops DO buy a wide variety of merchandise, there are exceptions. Here is…

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How long do pawn shops hold items?

pawn shop broker with items they are holding for collateral

Pawn shops have existed for thousands of years. For millions worldwide, they provide a much-needed financial safety net, helping working families, small business owners, entrepreneurs, and others through difficult financial times. Whether you need a short-term loan to cover an unexpected bill or some quick extra spending money for a well-deserved vacation, your local pawn…

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