Jewelry is among the most popular items bought and sold in pawn shops. The upswing in the price of gold between 2007 and 2011 - an increase of more than 84 percent - helped to fuel a corresponding boost in the pawn shop industry.
Today, the most commonly pawned items are jewelry and electronics. However, in the early days of pawning, the most common item was clothing. This is because clothes tended to be the most valuable piece of property owned by early peasants.
If you’ve always wanted to learn how to play a musical instrument, you may be surprised to find it in our pawn shop. Since other music lovers may no longer have a use for their instruments, you could find the instrument you want at a great value.
We realize that not everyone loves the selection of jewelry they’ll find in chain jewelry stores. Whether you’re looking for a good price on diamond solitaires or vintage pieces not found anywhere else, a pawn shop could have the best selection for your price range.
If you’re considering putting up a valued possession as collateral for a pawn loan, be sure you can afford to repay the loan within the timeframe. Otherwise, it may be better to outright sell a different item.
According to the experts, electronics, musical instruments, tools, and jewelry are among the most popular items to pawn. To get the most cash for your pawned items, make sure they’re clean, intact, and in full working order.
