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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Do pawn shops buy sterling silver?

sterling silver jewelry with cash from a pawn shop

Items made of precious metals like gold and silver are always in high demand. These precious metals are used more than you probably realize, from jewelry and coins to everyday household items. If you need quick cash, selling gold or silver items can earn you a pretty penny. However, while most people can quickly identify…

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