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Tips for Getting the Most Out of Pawning Jewelry

Oct 12, 2023

There are a lot of pawn shops in America. According to IBIS World, there are more than 13,000 of them. People go there to pawn many different things, including jewelry. These items are so popular, that there are dedicated jewelry pawn shops. If you want to sell some of yours, you want to make sure you get the most out of it. Here are some tips on how to do that.


Look Into the Jewelry Pawn Shops


If you want to get the most money when you pawn your jewelry, you need to do some research first. Look at the local pawn shops and see what people are saying. Are the staff known for being fair and giving true value for any jewelry or do they try to undercut them? Read reviews, though use your common sense to tell if the person leaving the review was truly in the right. Ask your friends and family if they know of any shops either.


Clean Your Jewelry


You want your jewelry to look nice when you bring it to the pawn shop. The pawnbroker might pay less if it's damaged or otherwise unsightly. Before you treat your jewelry with any chemicals or cleaning solutions, make sure to do your research. The last thing you'll want to do is irreparably damage your jewelry while trying to erase a tiny stain. There are some solutions that absolutely shouldn't touch certain metals. If you're unsure of how to clean your jewelry, it might be a great idea to see a professional jeweler. You could net yourself a much higher buying price if the jewelry is cleaned, repaired, and ready to be resold.


Negotiate the Payment Plan


Other things include being ready to negotiate the terms of the loan. This can include the payment schedule and the length of time for the loan. It's important that you know exactly what you're going to be paying and when. That will ensure a smooth experience for you. Once you do all of that, you can go ahead and comfortably pawn the jewelry.


Are you looking for
jewelry pawn shops in your area? Here at Center Gold, we've provided pawn services such as expert sales, repairs, and collateral loans since 1998. Contact us today to learn more!

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