Simple Tips for Getting the Best Price When You Sell Jewelry to a Pawn Shop

Simple Tips for Getting the Best Price When You Sell Jewelry to a Pawn Shop

If you have jewelry that you no longer want, or you need to make some quick money to deal with a financial issue, then you will be glad you have found GNJ Pawn Big. We buy and sell jewelry of many types and look forward to working with you. Read on to get tips on how to get the best price when selling precious gems, rings, diamonds, designer watches, and other jewelry. Then contact GNJ Pawn Big at (661) 224-1999 or stop by to learn more.

Know as Much as You Can About the Jewelry

The pawnshop you sell the jewelry to will do their own appraisal but that does not mean that you should go in with no idea about the jewelry – unless that is your only choice. If possible, find out the history of the piece. Find out how much it was originally purchased for but remember that its value may have gone down as wear and tear affected it.

Bring Documentation and Original Packaging if Possible

If the jewelry is of historical significance and you have paperwork to show that, then bring it. If you have the original box for the jewelry, bring that too. Both or either of these can add value to the piece because they offer evidence as to its origins and potentially who made it.

Be Reasonable about Prices

You may think that being reasonable about prices means you will get less but the opposite is generally true. Remember that you are not going to get the full market value for your piece. Why? Because the pawn shop needs to make money when they sell it – and the person who buys it from the pawnshop wants a deal too.

It is true that you can likely get more if you sell it privately but that takes a lot more work and has the potential to go very poorly very quickly. On the other hand, when you work with a pawn shop, you can sell it instantly and fairly. Know what the piece is worth and be willing to accept a reasonable price – this will help ensure you do not have to visit two dozen pawn shops and still end up walking home with no cash in your pocket.

Ask Questions about the Value

The pawn shop associate is not likely to be able to tell you where the piece is from or its history. However, when they offer you a certain amount for the piece, they are doing so because they believe several things are true about it. Ask them more. Ask them what they are basing their price on. The more information you have, the easier it is to assure you are getting a fair price.

If you would like to learn more about your options today then we welcome you to contact GNJ Pawn Big at (661) 224-1999 or stop by our location at your convenience.