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Pawn Shops: A Guide

Have you ever visited a pawn shop? If you have not, it can be a little intimidating to attempt the selling of your personal items. Pawn shops have an entirely different dynamic than other used goods establishments; a whole new code of conduct must be learned in order to successfully navigate the world of buying pawned goods or selling personal belongings to shop owners. If you are interested in pawning a certain valuable item that you no longer want and are seeking information concerning pawn etiquette, then you have come to the right place. Read the information below to learn how you can successfully trade your belongings for a fair price when selling to pawn shops.

Make a Plan

Before you step foot into a shop, you need to have a preconceived notion of what you are planning to sell and how much you want to receive for it in cash. Not sure if your item can be pawned? Chances are, it can be. Pawn shops will accept just about anything of value, including, but not limited to guns, electronic items, tools, and jewelry. Keep in mind that your item must be in fair condition in order to receive a reasonable compensation in cash.

Presentation

If you have not used your item for a long time (which is highly possible, seeing as you are selling it), then you may want to take a little time to “spiff up” the item before visiting pawn shops. Presentation is important when you are selling an item because the spotlight is on the object in question. A dusty, smudged item is not going receive as high of an appraisal as a shiny, new looking item. A few other presentation tips to keep in mind include but are not limited to:

  • Checking the item for charged up batteries.
  • Checking the item for any technical glitches.
  • Checking the item for breaks or bruises that can be “doctored up” before appraisal.

Money Talk

When you talk to a shop owner about pricing, make sure that you keep your tone confident, even, and simultaneously polite. If you give off a rude “vibe,” so to speak, the person you are dealing with may not feel compelled to deal with you favorably. Instead, try to remain reasonable during all of your business dealings. For instance, you might want to say “I would like to get at least $70 for this item” instead of saying “Give me $70, or I am trying the place next door.” Use common sense and general courtesy, and you will be just fine.

The next time you decide you want to sell one of your trinkets or gadgets, try visiting a pawn shop. As long as you approach the establishment with a solid plan, good presentation, and money talking smarts, you will have a high chance of receiving a fair sum for your sale.