I need to sell or exchange some of my valuable items in a Pawn Shop as I badly need money. I wonder what Pawn Shops buy and what I'd better use as collateral to get a better deal.
What Do Pawn Shops Buy?
Answers: 1
For many people in America, pawn shops are a great way to get cash quickly. And many people are interested in what can be sold to a pawnshop. In fact, pawn Shops usually buy everything they can sell. One of the most frequent products is Jewelry. Customers can pawn a valuable piece of jewelry for a lump sum of money or a temporary loan, and these items can easily be resold at a fair price. Most pawn shops also accept collectible coins and currency, such as silver dollars, half dollars, American eagles, rare paper money, and more.
And we have compiled a list of products for you the most valuable and that you can sell expensive:
Electronic device: IPods and iPads: pay well in cash for new models in good condition. Typically, iPods can be sold to pawn shops for $ 40 - $ 70, and iPads often sell for $60 – $160 or even more.
Digital cameras: the Amount depends directly on the original retail price and the condition of the camera. For example, a camera that originally cost $ 100 can be sold at a pawn shop for $ 8-15, but more expensive high-quality digital cameras in good condition can be sold for $ 80-400.
DVD players: due to the low cost, don't expect to get more than $5-$20.
TVs: a new model with a flat screen, you can easily sell. However, older models will be harder to sell, but you can find a few places where you can sell your TV, even broken ones for cash.
Jewelry and watches: As elsewhere, gold jewelry is more valuable than silver. In addition, a lot depends on the name of the designer and the original price. In general, pawn shops will pay from 50 to 60% of the estimated value of the item. Most stores are not interested in watches unless they are extremely valuable and have proof of authenticity. Rolex, Cartier, Chanel are popular watch brands.
Guitars: This is a very popular thing. The amount will depend on the brand and its condition. Usually the amount is between $ 20 and $ 1,600 for more well-known brands.
Game Systems: You can sell well-known game systems such as Xbox and PlayStation. And you will certainly get more money for the latest systems, but older game systems such as the PlayStation 2 is sold cheaper. Pawn shops pay mostly $ 50 - $ 100 for gaming systems.
Now you know that pawn shops buy for a lot of money. Also many pawn shops buy almost everything that is in good, clean, working condition and is in demand among the population. So feel free to go in search of items at home, which we can exchange at a pawn shop.
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