What Items Can I Pawn?
We all have stuff around the house we no longer use. There’s the guitar you bought on a whim, played for six months and then put in the basement. Or a first edition of a classic book that you found at a junk shop and snapped up for $2.50. Sometimes you may wonder, “Could I get any money for these?” The answer, when it comes to pawning any item is, it depends.
Different pawn shops accept different items, depending on what they think they can resell should a customer fail to repay a loan. No matter what the item you’re considering pawning, make sure it is in good shape— clean, in working order and undamaged. If applicable, bring proof of purchase or a certificate of authenticity with you. The price the pawn shop offers you will be based on the resale value of your item and the market demand.
Always call ahead to a pawn shop. There’s no point in lugging a set of golf clubs across town only to find out the shop doesn’t accept sports equipment. Here’s a look at some common items people look to pawn:
Sports Trading Cards
It depends on the cards’ collectible value and condition. Rare items in mint condition will fetch top dollar.
Generally not accepted, although some do make exceptions for wedding dresses, leather coats/jackets or fur jackets.
Coins & Currency
Pawn shops generally accept collectible coins and currency.
Make sure all items are in good working order and fully charged so the pawn shop can test them. Bring the power cords.
- TV— A pawn shop is more likely to accept a TV less than two years old. The better the brand name, the more money you will get for it. Always bring the remote control.
- Laptops— Should be less than two years old and in good condition. Apple products are in higher demand.
- iPods/iPads— Should be relatively new and in excellent condition. The more storage the device has, the higher its resale value. Bring the USB cord.
- Printers— Generally not accepted unless very new.
- Video game consoles— Should be relatively new and in good working order.
- Digital cameras— Should be a newer model with 10 megapixels or higher. SLR cameras, particularly Nikon and Canon brands, are desirable.
- GPS, DVDs, video games, cell phones, Blue Ray discs— Generally not accepted.
How much you will get will depend on its weight and gold purity and then compared to the current market price for gold. Choose your heavier pieces. The heavier the gold in your chain or bracelet or ring, the better its resale value. To determine the purity of the gold, look inside or on the underside of the piece and you’ll typically see a stamp—common denominations are 10K, 14K and 18K.
Always bring the instrument case. The value will depend on the manufacturer, age and condition. Guitars are popular (electric and acoustic) as are school instruments.
These should be less than 10 years old and in good condition. Popular items are power hand tools, including drills and circular saws. Desirable brands include DeWalt, Snap-On and Bosch. For battery-powered tools, bring the batteries and charger so the pawn shop can make sure they are in good working order. If it is a gas-powered tool, make sure there’s gas.
High-end watches are often accepted at pawn shops. Always bring a certificate of authenticity.
There’s no definitive list of what pawn shops will accept. It depends on the shop’s clientele and demand for particular items.
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