If you’re in need of some quick cash, selling jewelry at a Pawn shop might be a good option. You probably won’t be paid close to what your items are worth, but you might get just enough to get you through to your next payday. It still helps to know how to sell jewelry to a pawn shop though, so here is what you should know before you start Googling “sell jewelry Forest Park” for a shop near you.
First of all, you should know what your jewelry is worth. It will also help to know the current price of gold, something that is readily available online via a Google search. You won’t get what it’s worth at a pawn shop, but that knowledge will make it easier to negotiate with the salesperson.
Speaking of which, you should also learn how to negotiate. The salesperson will likely quote you a lower price and tell you that they can’t go any higher, but a little persistence might pay off here. This is where it helps to know the true value of your jewelry and not to come off as too desperate. That’s an almost certain way to be undercut during your sale.
Finally, make your jewelry look as presentable and attractive as possible. Clean and polish all of it, and include the original packaging if you can. That will always increase the value of anything you have to sell.
The most important thing to remember when selling jewelry at a pawn shop is that you won’t get what your jewelry is really worth, but you will have the chance to get it back. Even though a pawn shop is known as a place to sell your belongings, what pawn shops actually do is give you a loan and use your belongings as collateral. As long as you can pay the loan back on time, your jewelry can come back to you. It can be a good solution to your temporary money problems.