Due to inflation rates, 71% of Americans struggle to make their paycheck cover the bills and other daily expenses. However, not everyone wants to take out a bank loan and commit to more debt.
That’s where pawnshops come to the rescue.
But what are the best items to pawn?
You might walk around your home and think that every item will earn money and help you escape a tight financial situation. The truth is, there are a few items that will pay more than others.
So, here’s what you need to know about what to pawn for the most money at a pawn shop.
The Best Items to Pawn This Year
One of the easiest ways to get quick money at a pawn shop is to sell gold, especially gold jewelry. And the good news is that most people have one of these items at home.
Whether you inherited a gold necklace from your grandmother or want to pawn your wedding ring, this is a great way to get money quickly at a pawn shop.
Gold and Other Jewelry
Gold has existed for centuries and has always acted as a valuable asset for buying land and exchanging resources for money. Some would say that gold is one of the best things to use in times of crisis.
So, one of the best items to pawn is your gold jewelry because it has a high value. Ideally, you should find out about your item’s value before going to a pawn shop to get an idea of the cost.
However, most pawn shops will offer you a price estimate before you make a final decision.
Besides gold jewelry and other gold items, you can also pawn diamond pieces and watches. As many of these personal belongings are made with real gold and silver, they can be worth a lot of money.
You should always double-check what pawn shops buy when looking through your wardrobes and cabinets at home.
Couture Purses and Wallets
Not only are jewelry and items made with precious metals valuable at pawn shops, but couture purses and wallets are also fantastic options.
Even if you bought a designer purse over a decade ago, it could still be worth a lot of money today. Couture fashion constantly cycles; many actively look for vintage and one-of-a-kind pieces.
Therefore, if you have an expensive purse or wallet lying around your bedroom and you need money, you should consider pawning it for a loan.
If the item is in good condition, a pawn shop will be happy to take it.
Artwork and Collectibles
Finally, the last group of belongings that sell for a high price are pieces of art and collectibles.
Although artwork tends to have sentimental value to owners, it can be one of the hidden gems in a household if you’re looking to pawn your possessions.
That being said, if you have a rare artwork or collectible such as a guitar in your home, it’s a money opportunity to be staring you in the face.
In the best-case scenario, you have a pawn shop that instantly sees the value of your artwork or collectible and is willing to take it for a lot of money.
Therefore, if you have an emotional connection to the item, you know it will be in safe hands for the short term. And, you can go home knowing you have money to pay outstanding bills or debt.
To keep it simple, here are the best items to sell to a pawn shop that will get you the most money and are in high demand:
- Gold and other jewelry
- Couture purses and wallets
- Artwork and collectibles
How To Prepare Your Items for a Pawn Shop
Once you’ve decided on the items to bring to the pawn shop, the next stage is making sure they are presentable and clean.
Most people forget that you need to make a good impression if you want to receive the money for an item. Otherwise, the pawn shop can decide not to take your belongings, and you could lose out on quick cash.
Clean Items
Depending on the item, there will be a different level of cleaning required for each piece of jewelry or artwork.
You should never use a cleaning solution on a product you’ve never cleaned, and it could damage the piece’s value. You should do research beforehand to ensure you follow the proper cleaning technique.
Think of it this way: the cleaner it looks, the more money you will get for the item.
Even if there’s a small crack or dent, the pawn shop might still think about taking the item if the rest of the structure or design is still in place.
Set Realistic Expectations
If this is your first time going to a pawn shop, you need to set realistic expectations. As already mentioned, if the item looks dirty and is broken, you can’t go into the store asking for the total price.
However, you shouldn’t settle for a price far below the item’s condition and its original value. That’s why you need to go to a trustworthy pawn shop.
Many pawn shops will try and get an expensive item discount, but you don’t want to go there. You need a pawn shop that has experience and is reliable.
You can walk into the store feeling confident and secure that you’re doing business with a professional.
Find a Pawn Shop That Cares
Now that you have the best items to pawn, all that’s left is to find the right pawn shop.
We offer a fully transparent service guaranteed to give you quick money without the hassle of lots of paperwork.
Instead of worrying about where the money will come from next, you can trust us. We’ll look after your belongings if you bring clear items in excellent condition, such as gold, diamonds, couture purse, or artwork.
Ready to find out more about pawning your belongings with us? We’re happy to chat about the details to calm your nerves and walk you through the process. Reach out here today.
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