FAQs
Generally speaking, this list of items tends to result in the most cash for your pawn.
- Top 10 Items to Pawn for Cash.
- Jewelry. ...
- Precious Metals. ...
- Gemstones. ...
- Electronics. ...
- Firearms (registered to you) ...
- Power Tools + Equipment. ...
- Antiques / Collectibles.
How much of an items value does a pawn shop give you? ›
How Pawn Shops Work. At a pawn shop, you leave your property and, in return, the pawnbroker typically lends you approximately 25% to 60% of the item's resale value. The most commonly pawned items are jewelry, electronic and photography equipment, musical instruments, and firearms.
What cost the most at the pawn shop? ›
Gold and Precious Metals
Pawnshop owners are often wary of buying expensive items such as electronics, which may quickly become obsolete. Items you will see frequently are gold and precious metals, especially jewelry. These items tend to appreciate in value, so they are favorites of pawnshop owners.
How much will a pawn shop come down on price? ›
Most pawn shops do negotiate for sales – but don't expect to get more than 60% of the value of your item. Remember – their end goal is to resell your item for a profit. They don't care about the sentimental value or history, or even the unique details that add value.
How much will a pawn shop give you for a $1000 item? ›
According to the search results, pawn shops generally offer loans ranging from 25% to 60% of an item's resale value [1]. So, if you were to pawn a $1000 item, you might receive a loan amount between $250 and $600.
What sells for $100 at a pawn shop? ›
What Can You Pawn for $100?
- Snowboard.
- Flat-screen TV.
- Tablet.
- Bose speakers.
- Apple watch.
- Refrigerator.
- GoPro.
- Power tools.
What's the most a pawn shop will loan? ›
Most pawn shops offer loan amounts of 25% to 60% of your collateral's value. Be aware that pawn shops have high APRs that can make them one of the most expensive options to borrow money. Pawn shops do not require credit checks.
What tools do pawn shops pay the most for? ›
Shops know they can sell tools faster (and for more money) when they are trusted brands. Bosch, DeWalt, Milwaukee, Stihl, and Snap-On will earn you the most. Usually, pawn shops will pay anywhere from $30-$200 for working tools, but you can expect that price to increase if you have any of these top performing brands.
How to calculate how much a pawn shop will give you? ›
In general, you can expect to receive about half of your item's market value in your loan. However, this depends on the item. Items that are regularly pawned, yet don't have a lot of buyers will lower the offer price. In those cases, you will receive less than 50% of the market value.
Can you sell shoes at a pawn shop? ›
High-end designer shoes and sneakers are a great choice to buy, pawn, or sell at a pawn shop. Some of the most popular designer brands include Christian Louboutin TM, Jimmy Choo TM, and Manolo Blahnik TM. On the sneaker end, our pawn shops carry Air JordansTM, Nikes TM, ADDIDAS TM, and more!
Biggest companies in the Pawn Shops industry in the US
Company | Revenue ($m) 2023 | Profit Margin (%) 2023 |
---|
First Cash Corp | 1,027.2 | 9.8 |
Ezcorp, Inc. | 766.4 | 8.2 |
What is the most expensive thing ever bought on Pawn Stars? ›
Maurice Sendak Sketches
These unique sketches, never sold as reproductions, were estimated by an art expert to be worth $310,000. After negotiation, Rick secured the purchase for $250,000, making it the most expensive item ever bought on Pawn Stars.
What not to say at a pawn shop? ›
Listen more than you speak
Unless they ask directly, your pawnbroker does not need (or want) to know where you found your item, how long you've had it, or how much you originally paid for it. In fact, disclosing too much information like this may only hurt you.
What will pawn shops pay the most for? ›
You can buy nearly everything for less than the new retail price at a well run pawn store. Items that are particularly good values are jewelry, tools, and firearms.
Do pawn shops expect you to haggle? ›
Yes you absolutely can negotiate prices at a pawn shop. In fact, you are expected to negotiate.
Is it better to pawn or sell? ›
Value. If you decide to pawn an item, you'll likely receive less cash than what it's worth. Selling, however, typically means you'll receive a higher amount of money. Keep in mind, though, that even if you receive less cash to pawn an item, you'll be given that item back as soon as you repay the loan.
What gives more money pawning or selling? ›
Another benefit of selling something to a pawn shop instead of getting a pawn loan is that you typically receive more money for the item. The pawn shop will determine the value and make you a slightly lower offer. After all, it still needs to sell it to make a profit.
How much can I get for a 50 inch TV at a pawn shop? ›
Pawn shops that buy TVs will also pay more for a bigger screen. If your TV's screen is less than 26 inches, you'd be lucky to get over $50 for it. If your screen is greater than 42 inches, though, a pawnbroker like GEM might offer you over $200, provided the TV is one of the brands mentioned above.