Pawn shops are a treasure trove for jewelry lovers and fashionistas alike. From timeless studs to elaborate chandelier earrings, pawn shops offer a selection of adornments that cater to every taste and budget. If you’re shopping for a gift for yourself or a loved one, consider the plethora of options at your local pawn shop.

Across the board, jewelry yields the most cash at a pawnshop, buy and sell pawn shop jewelry those made of gold or other precious metals and incorporating gemstones. Jewelry is also often in high demand, meaning that a piece can often sell for much more than its original purchase price at a pawn shop. However, as with any type of pawning, it’s important to know what you’re selling and to be prepared for a negotiation. Pawnbrokers are savvy negotiators, and they’re experts at finding small, imperceptible flaws in items that can lead to a lower price offer than you might expect.

Why People Buy and Sell Pawn Shop Jewelry

Whether it’s an heirloom necklace or an engagement ring from an old relationship, people often choose to sell their jewelry at a pawnshop when they need quick cash. They may have a particular piece in mind that they want to replace or they may simply not wear the item anymore.

Many people who sell their jewelry at a pawnshop do so because they’re looking to upgrade to a newer, more expensive piece of jewelry. This is a convenient option because it allows them to use their existing assets and avoid the hassle of selling on a peer-to-peer marketplace.