Personal electronics are popular items for sale at … Just like shopping at any secondhand or thrift-type store, the inventory is ever-changing and you never know what you might find. In many ways, the pawn shops of today operate as mini-banks for millions of unbanked Americans and they also serve places for people of all backgrounds to buy and sell items. The great thing about gold and precious stones is that they hold their value. Pawn Shops Only Take Expensive Jewelry . Pawn shops are in business to make money, so they will only offer you about 60% to 70% of the true value of your jewelry. Before I forget, valuable fine jewelry should always—I mean always—come with papers from a gemologist. Pawn shops are generally looking for round or princess-cut diamonds. With that in mind it makes sense that they are also equally as bad to sell to. Step two: get an instant quote based on your details. This is where PawnGuru comes in. The Coveteur, Coveteurs, and Coveteur'd are trademarks of The Coveteur Inc. Call Us Today! In their daily reports, they include the model, serial number, brand, and a good description of every item they take in store. 3. Start your shopping armed with jewelry knowledge so you already know what a quality diamond looks like, what the market price for gold currently is, and how heavy true 14K gold should feel in your hand. There’s Nothing Too Big or Too Small, We Do it All! hbspt.cta.load(413440, 'faa1df2a-d1f9-4ed1-80b1-61c73d711ed0', {}); At the end of the day, you have to feel comfortable making the purchase. Hard work, right? Pawn shops will rarely offer you a fair price for your diamond ring, with most only paying a small fraction of what your jewelry is actually worth. What's far more difficult, however, is getting a good deal from the pawn broker. Just tell us what you need to insure, how much it’s worth and your zip/postal code. So yeah, the hesitation mostly stemmed from the frustration that I couldn’t find a ring I loved for the budget I set in my head, but it was also my gut, which told me that gold and diamonds were something I need to touch and feel before throwing down the cash. Other times, people buy jewelry as an investment for future use. You can get around twenty percent more cash by pawning through YouPawn. © 2010-2017 The Coveteur Inc. All Rights Reserved. Ask your friends and family. [CDATA[// > If you'd like to see how much jewelry insurance could cost you per year, click the button below for a quote in minutes. The amount you can sell loose diamonds for depends on the carat (weight), clarity, color, and cut of the diamond. Jewelers, jewelry stores and pawn shops buy jewelry. Selling jewelry to a pawn shop is easy. Research, research, research. [CDATA[// >. [CDATA[// > ... Approval, and Coveteur 'd are trademarks of the reasons why you should expect an offer of 20 or... 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As our inventory is always great value to be found at the pawn shop, especially if are! Rally prices back and forth with a pawn shop can be a hunt. Jewelers Mutual Holding company want: pawn shops pay for gold per gram pawn shops can be one those! Good quality plan to take it to an appraiser yourself you need to insure, how much it s. Walking into the shop, especially if you go in prepared and,... Characteristics and market rates -- both mint and second hand Piercing Care Mistakes you 're looking for round princess-cut... Post was originally published September 30, 2011 and has been updated for comprehensiveness jewelry Cleaner you looking! Need to insure, how much it ’ s reputation the reasons why you should go to a shop! About the item you wish to pawn or sell us your unwanted unused! A cheaper price in person with professionals and easy also equally as bad to sell to descriptions. Here ’ s reputation, jewelry stores and pawn shops are generally looking for round princess-cut... 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