Share:

Whether you need quick cash or want to get rid of unwanted household items, a pawn shop can help. They buy a variety of used items from individuals to resell to other customers and collectors. The purchase price is typically negotiable, so if you want to get the highest return on your investment, it’s helpful to follow these selling tips.

How to Get More Money From Pawn Shops

1. Don’t Pawn Items

Many shops give you the option of pawning or selling an item outright. When you pawn something, they’ll provide you with a loan, using your items as collateral. Once you pay back the loan, you’ll get your belongings back.

If your goal is to get the most money, though, consider selling the items. The shop will likely offer you more money because they can turn around and resell the pieces, which is more convenient for them.

2. Do Your Research

Before taking your belongings to a pawn shop, always conduct your own research. This will allow you to better understand comparable prices and appraisals of the items you’re looking to sell.

Browse online resources like eBay® or social network groups to see what price point others are paying for similar items. Use this knowledge to form a general value of your items to ensure you get a fair payment.

3. Make a Good First Impression

Presentation—for yourself, as well as the items you want to sell—plays a major role in the negotiation process. Simple tasks like wearing clean clothes and walking in with confidence can give you an upper hand when dealing with the pawnbroker.

Make sure the items are in the best possible condition. Cleaning, dusting, and shining the items helps raise their price since it makes them easier to sell.

4. Sell the Right Items

Pawn ShopCertain items are going to earn you more cash than others. Many pawnbrokers prefer items that accrue value as they age, and they are often willing to pay you large sums so that they can sell your items for a larger return profit. Things like jewelry, collector’s coins, and vintage comic books can get you more lucrative payments.

5. Bring Documentation

When selling jewelry, always bring in a professional appraisal so you can prove what the piece is worth. While you may not get that exact amount, it does create a fair starting point for the negotiations. The same goes for collectible items. Having a certificate of authenticity helps prove your claims and will result in a higher payout.

 

Get the most money for your items by taking them to Collector's Palace Coins & Jewelry. As one of the premier pawn shops in Streetsboro, OH, their team has 30 years of experience buying and selling used items, including comic books, sports memorabilia, and jewelry, and they’ll give you a fair appraisal for a cash offer. Learn more by visiting them online, or call (330) 626-2464 to speak to a friendly representative.
tracking