One of the smartest ways to get rid of unwanted items and collect some quick cash is by working with a pawnbroker. Whether you’re clearing out items you no longer need or you’re looking to convert your valuables into money, pawnshops offer a safe and straightforward way to do so without the hassle of trying to sell anything yourself. Knowing what items do best in pawn shops and what to expect can help you get the most for your unwanted effects. 

What Items Are in Demand By Pawnbrokers? 

Jewelry and other items made with precious metals usually have the highest value at a pawnshop. Gold is most in-demand since its value is consistently increasing, but silver and platinum can also fetch a reasonable price. The value of the metal your jewelry is made from determines the price. Jewelry with gemstones is also in demand by pawnbrokers, with larger, high-quality stones capturing the most attention. 

Other items you can sell at a pawnbroker for the best price include firearms, electronics (including smartphones), musical instruments, coins and currency, and power tools. 

What To Know Before You Pawn

If you’re considering pawning your belongings, keep in mind that most pawnbrokers offer an average of 30–60% of the item’s value, based on factors including demand, brand name, and condition. The faster the broker thinks the item will sell, the higher the price you’ll get. 

You should only pawn your belongings if you are sure you want to sell, but in some cases, you may be able to get them back. Pawnshops pay in the form of a loan, with the item as collateral. If you do not return to repay the loan with interest in time, then the item can be sold. If you do repay the loan, your collateral will be returned to you. This makes using a pawnbroker a smart option when you need cash quickly, but don't necessarily want to lose your items.

For the fairest prices on your valuable items, visit Coins & Stuff in High Point, NC. This respected pawnbroker has accepted a wide array of valuables, including jewelry, gold, silver, and coins since 1980. Rated A+ by the Better Business Bureau, they have a reputation for offering fair prices and excellent customer service. Visit the company’s website to learn more about how you can sell your items, or call (336) 885-5323 with questions.