How Do Pawn Shops Test Gold

Pawn Shop: Gold and Jewelry Buyers Are you thinking about selling gold to pawn shop employees, but first want to know what to expect? A pawn shop employee is trained to be a discerning gold buyer early on and follows a specific process to ensure the gold is genuine. Most pawn shops offer anywhere from 25% of the gold’s value and up when buying gold, to cover overhead and other expenses. Whether you’re planning to borrow against gold for a pawn loan or...