Should I buy jewelry from a pawn shop?
There’s no better place to begin your search for top-of-the-line valuables at low prices than when you’re looking for something exceptional. So, if you’re on the fence about buying jewelry from a pawn shop, here are three good reasons that will make you want to choose the pawn shop experience.
1) Variety – Pawn shops are known for their wide variety of jewelry. You can find everything from rings to watches at most pawn shops. This is a great option if you’re looking for something unique or different than what you would find at a traditional jewelry store.
2) Quality – Just because jewelry is sold at a pawn shop doesn’t mean it’s of poor quality. In fact, many pieces at pawn shops are high quality and come from well-known brands. If you’re looking for a good deal on high-quality jewelry, a pawn shop is the place to go.
3) Price – One of the best things about buying jewelry from a pawn shop is the price. Pawn shops typically sell jewelry for much less than traditional jewelry stores. This is a great option if you’re on a budget but still want a showstopping piece.
So, if you’re looking for some new jewelry to wear for Valentine’s Day or another special occasion, consider buying it from a pawn shop. You’ll get a great variety of high-quality jewelry at a fraction of the price you would pay at a traditional jewelry store. Happy shopping!
Wide selection of fine jewelry
Buying jewelry is not something that everyone does every day. Many individuals buy jewelry for significant occasions such as a proposal, marriage, anniversary, birthday, graduation. Maybe even during holidays like Valentine’s Day, Mother’s Day, and Christmas. You don’t have to spend a lot of money in jewelry stores if you’re celebrating something significant. You can often acquire the same high-quality white, yellow, or rose gold pieces for both men and women for a fraction of what they cost at jewelry retail shops at pawn shops. Pawnshops frequently stock high-end jewelry such as diamond and precious stone engagement rings, wedding bands, bracelets, and gold and white gold necklaces and timepieces to name a few.
Shop with confidence
Some people may not want to buy from pawn shops because of misconceptions surrounding their reputation. However, after doing some research, you may be surprised to find that the way pawn shops do business now has evolved from the reputations they were once known to have many years ago.
Whether you’re buying or pawning jewelry, you can shop with confidence knowing that pawn shops conduct jewelry examinations and inspections on each item they purchase, sell, or accept for pawn to verify the authenticity and true value of all items. Many pawnshops also provide free jewelry assessments and inspections upon request, as well as product protection plans for worry-free protection on items you purchase and free jewelry cleaning and gift-wrapping services.
Get more value for your dollar.
Since most retail jewelry stores price their pieces at an increase of 100% to 400%, and sometimes as high as 1000%, you will definitely get more value for your money when you purchase the same or similar jewelry from a pawn shop. Jewelry is not a frequent purchase for the average person, thus the overhead or cost of running a jewelry business in comparison to a pawnshop (who deals with many different markets) selling on a wholesale basis is extremely significant.
What’s the difference between a retail and a wholesale market? Basically, retailers purchase in bulk from wholesalers and increase or “markup” the price to earn money. Pawnshops offer the lowest prices on diamonds; therefore, some jewelry businesses purchase them from pawnshops. Furthermore, because pawnshops charge a markup price that is negotiable, you’ll get more bang for your buck in one of those stores.
So, should you buy jewelry from a pawn shop? It’s a no-brainer. You not only save money but also get the same high quality as if you were buying in a store, and you can do it with peace of mind.
If you have any questions about the pawn process or would like to move forward with getting a pawn loan in Contact us today!