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What Shops Are Looking For at a Pawn Shop

The friendly pawn shop is more than just a repository for used and obsolete items; it also offers an array of surprisingly valuable merchandise. From jewelry and electronic equipment to musical instruments and firearms, understanding what shops are looking for can make your pawning experience much more profitable.

Jewelry is in high demand at pawn shops, but only the most precious pieces command the highest prices. Look for items with significant gold or silver content, and gems like rubies, sapphires, or diamonds. Silver cutlery and coin collections are also valuable, as are brand-name watches and musical instruments.

Pawnbrokers value the utility and desirability of modern electronics, so bring your old cell phones, laptops, or tablets to a local shop. Including original boxes, chargers, and documents can increase your offer by 10-25%. Documentation that verifies authenticity, like certificates or appraisals, can add even more to the value of a luxury watch or fine piece of jewelry.

Power tools are another hot item at pawn shops, especially the name brands (like Stihl, Bosch, and DeWalt) in like-new condition. Including the box, manuals, and all accessories can add up to a 10% increase in value.

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Rare, limited edition collectibles also sell well at pawnshops, from vintage toys to sports memorabilia. But be aware that pawning is a short-term loan, and you’ll need to pay back the item—plus interest—if you want to reclaim it. The longer you leave the item at the pawn shop, the more you’ll pay in interest and storage fees.