If you have a jewelry collection that you’re no longer interested in, or if you need some quick cash, pawning jewelry might be a good option for you. However, there are a few things you should avoid when trying to pawn jewelry.
Here are nine things not to do when trying to pawn jewelry:
- Don’t try to pawn imitation jewelry. Imitation or fake jewelries will not be accepted by pawn shops. Pawn shops are well-equipped to spot fake jewelry, and you’re likely to be disappointed with the offers you receive.
- Don’t try to pawn jewelry that’s in poor condition. This means jewelry that’s been damaged, is missing stones or has been severely tarnished. Pawn shops will likely offer you a fraction of the jewelry’s worth if it’s in poor condition.
- Don’t try to pawn jewelry that’s missing stones or gems. Pawn shops will likely want to replace any missing stones or gems, and this could drive up the cost of the jewelry.
- Don’t try to pawn jewelry that’s been repaired recently. A jewelry that’s been broken and repaired recently is likely to be worth less than a jewelry that’s never been damaged. Pawn shops will likely want to know why the jewelry was repaired, and they might not offer you a good deal for it.
- Don’t try to pawn jewelry that’s not yours. This is obvious, but it’s worth mentioning. Pawn shops will want to see proof of ownership, such as a receipt or bill of sale, before they’ll agree to buy your jewelry.
- Don’t try to pawn jewelry that’s worth a lot of money. This means jewelry that’s worth more than a few hundred dollars. Pawn shops usually don’t have the resources to appraise jewelry that’s worth a lot of money, so they’re likely to offer you a lower price for valuable jewelry.
- Don’t try to pawn jewelry that’s not jewelry. This includes things like watches, coins and stamps. Pawn shops will likely not be interested in buying these items, so don’t try to pawn a watch or a piece of jewelry that’s not jewelry.
- Don’t try to pawn jewelry that you can’t afford to lose. If you can’t live without your jewelry, don’t pawn it. There’s always the risk that you’ll lose the jewelry or that it will get damaged while it’s in pawn.
- Don’t try to haggle with the pawn shop. This is because pawn shops usually offer a lower price for jewelry than what it’s worth. If you try to haggle with the pawn shop, you’re likely to get a lower offer.
If you want to pawn jewelry, follow these tips to make the process go as smoothly as possible. By avoiding these nine mistakes, you can maximize your chances of getting a good deal on your jewelry.
Where to pawn jewelry in Salt Lake City?
If you’re looking for a pawn shop that specializes in jewelry, try visiting the National Pawnbrokers Association website. This website has a directory of pawn shops all over the country, so you can find a shop near you.