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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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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Why Pawn Shops Sell New Jewelry for Less

jewelry items displayed for sale at low prices

Looking to buy new jewelry for yourself or that special someone? You might not think of visiting a pawn shop. But pawn shops routinely sell brand-new jewelry at lower prices than traditional jewelry stores. In today’s economy, with prices of essentials higher than they have been in years, saving money where you can is a…

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The Most Common Pawned Items

gold jewelry, coins, and bars ready to be pawned

People pawn items for many different reasons. Sometimes, it’s simply to declutter and clean out the attic or garage of unused items that are still valuable and shouldn’t just be thrown away. Sometimes it’s because they could use some extra cash. Regardless of the reason, people visit pawn shops to sell all kinds of things,…

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