Pawn Shops Near Me Locator

Are you looking for a way to make a little cash in a hurry?

If you are short on the rent, you may need a few dollars to tie you over. However, you may not feel ready to part with your father’s watch or another valuable family item.

Pawning valuables is a relatively quick and easy way to get some extra money when you need it. And the great thing about this option is that you have the ability to buy back the item later.

So, let’s take a closer look at pawn shops near me locator suggestions, and the best businesses to contact directly.

About Pawn Shops

There are more than 100,000 pawn shops scattered throughout the United States. While many are family-owned businesses, there are also several chains. Additionally, many of the largest companies offer people who want to run a business the chance to buy a franchise.

If you need a little extra cash, you can take items to one of these businesses to be appraised. The pawnbroker will then offer you a short-term loan based on the value of the item. You will be given a set amount of time to pay off the loan so that you can get your item back.

The catch?

If you fail to pay off the loan in time, the business can sell your item. Some businesses also offer you the option of selling your item outright instead of pawning it. So, it’s important to read the terms and conditions carefully to make sure that the offer meets your needs. 

The Advantages of Pawning Your Personal Items

One of the great things about the short-term loan is that it’s not tied to your credit score. So, even if you fail to buy back the item, your credit score will not be affected. You will receive cash instantly, which can be used for anything you want. 

The Disadvantages of Pawning Your Personal Items

However, there are also drawbacks of pawning that you need to be aware of. If you are only looking for a short-term loan, the amount that you have to pay back is very high. This can range from 12% to more than 240% APR. If you are charged 240% APR, the interest on your loan would be 20% per month.

Moreover, pawning an item means that you only receive between 25% and 60% of its resale value. This is very low if you don’t plan to buy back the item later. You also risk losing the item if you are unable to repay the loan. 

How long do you have to pay back the loan?

When pawning an item, the short-term loan is usually offered for thirty days. After thirty days, you either need to repay the loan or pay extra to extend it. This means that you could be out of pocket if you can’t afford to repay your loan. 

Items that are in Demand

The secret to making money from pawning is choosing the item carefully. Certain items have a good resell value and are more likely to be accepted. This also means that you may be able to negotiate a higher price if you turn on the charm.

High-demand items include:

The Best Items to Pawn

If you need some cash in a hurry, visiting one of these businesses could be a good option. When pawning something, it’s best to choose an item that will get you the highest value. Here are some of the best items to choose from if you need a large amount of cash instantly. 

Jewelry

If you have gold or platinum jewelry, you might be able to receive at least $500 for it. Most pawnbrokers are experts at recognizing the quality of jewelry, and they will appraise it on the spot. But it’s a good idea to get a few quotes from different stores to make sure you get a fair price. 

Precious Metals

Some companies deal exclusively with gold, and gold items are always a fairly good item to choose to pawn. Many companies also accept items that are made from other types of precious metals. However, it is important to get the item appraised before pawning it to make sure you get a fair price. 

New high-end TVs

If you have a new TV in excellent condition, you might be able to get $500 for it. The model you pawn either needs to be 4K or high-definition. 

Collectibles

If you have a collection of Beanie Babies, for example, the price can vary widely. Pawning collectibles can be tricky because the demand from buyers can be difficult to determine. So, it’s essential to do some research to work out if your collectibles are actually worth pawning. 

Coins

If you’re not quite ready to part with your coin collection, pawning it could be a good option. Some old coins can be very valuable, especially if they are in mint condition. It’s best to select a couple of your most valuable coins rather than pawning your whole collection. 

Firearms

If you have a firearm registered in your name, pawning it could be a viable option for you. But you need to make sure that the firearm is in good working condition and is clean and well-presented. Pawning your unwanted firearm could easily score you a loan of $500. 

Vintage Technology

If you have an old laptop or PC that you no longer use, you may be able to convert it into cash. You could score up to $500 for your original and unopened iPhone, for example. Other types of popular vintage technology include Pioneer SX-1980 Stereo Receivers and the Macintosh 128K. 

Pawn Shops Near Me Locator Options

The quickest way to find a pawn shop near you would be to use an app like Google Maps. Simply type ‘pawn shop near me‘ into the search box at the top and see what comes up near your live location.

Alternatively, take a look at the following list of the best pawn shops in the US.

Leading Pawn Shops in the United States

Most people who run this type of business only operate one or two stores. However, there are a few leading chains scattered across the United States. Let’s take a look at some of the most popular chains as well as a few independent stores. 

Cash America 

This chain boasts more than five hundred locations across the United States and offers instant cash. Customers can sell thousands of different types of items directly to Cash America if they want. The company also offers short-term loans and has a reputation for offering reasonable interest rates.

Cash America also boasts a mobile app, which makes it easy to find your nearest location. The app is very easy to use and comes complete with a store locator feature. You can also browse the categories of items that are bought and sold and check out the market prices. 

Money Mizer 

This company was established in 1980 and has locations in Alabama, Georgia, and Florida. Money Mizer specializes in discount retail sales as well as jewelry sales and cash loan services. Pawnbrokers are always searching for high-end pre-owned jewelry, antiques, computers, and sporting goods.

In addition to receiving cash for unwanted items, you can transfer the value to your next purchase. The company’s stores are light and modern and attract customers who are put off by more traditional stores. Money Mizer also offers a range of convenient services, including check cashing. 

Port City Trade Pawn Shop 

This business was established in 2003 and is owned and operated by Stephen Train. The owner takes a personalized approach that makes customers feel comfortable. In addition to receiving a short-term loan, you can sell items directly if you prefer.

The store is huge and is scattered with a wide range of different types of items. So, it’s worth taking the time to check out the deals if you are searching for used products. You can also receive a rough quote over the phone before heading over to the store. 

God’s Silver Money

If you have an old coin collection, it’s worth taking it to God’s Silver Money. This is one of the largest coin dealers in the United States, and they deal with all types of coins. God’s Silver Money also buys and sells silver and gold, precious metals, and other similar items.

The company has an excellent reputation for offering customers first-rate service and competitive pricing. It employs expert appraisers who are able to determine the market value very quickly and competently. Plus, if you decide to accept an offer, you will be given a number of payment options to choose from. 

Gold and Silver Refinery 

This company specializes in gold and silver jewelry and other types of items. The main store is located in Sarasota, Florida, and has been open for more than thirty years. It is usually open from 10:00 to 17:00 from Monday to Friday.

The Castle Jewelry 

This retailer of high-end jewelry also offers customers loans. If you are planning on pawning your jewelry, you can receive a collateral loan of between $5 and $50,000. This allows you to get the cash you need without having to part with your precious jewelry permanently.

1st United Pawn and Loan 

If you need cash in a hurry, you can rely on 1st United Pawn and Loan to help you. In addition to pawning jewelry and other items, you can apply for a lawsuit advance. This is designed to help you pay your legal bills, so you avoid having to forfeit.

The company was established in 1976 and works closely with financial companies and legal firms. It buys and offers short-term loans for numerous items, from gems and precious metals to gift cards and collectibles. You can also take advantage of a range of other services, such as check cashing and notary services. 

Countrywide Gold Buyers

If you have some unwanted gold jewelry, it’s worth reaching out to Countrywide Gold Buyers. This company was founded in 2006 and currently operates around 275 stores across North America. It is mainly focused on purchasing and recycling diamonds and precious metals.

If you have gold jewelry that you no longer want, you are likely to get a fairly good price. However, it’s important to know how much your jewelry is worth and how much you expect to receive. If the offer seems too low, don’t be afraid to walk away. 

Valley Goldmine 

This is another chain that specializes in turning gold into cash. While the company is based in the Arizona city of Phoenix, there are stores across the United States. In addition to gold, they purchase silver, platinum, bullion, sterling silverware, and a wide range of other items.

The company has an excellent reputation for high business standards, and you can arrange a private consultation. It was founded in 2008 and guarantees to pay more than most competing local buyers. You can use the online form to schedule an appointment or give Valley Goldmine a call. 

24 Hours Pawn Shop

If you are a night owl and live in Manhattan, it’s worth checking out this business. As the name suggests, 24 Hours Pawn Shop is open around the clock. It can be found on 125th Street in the Harlem area of Manhattan.

This is the perfect place for pawning antiques, old coins, and gold. The business has a solid reputation for offering some of the highest prices in the city. So, if you need some quick cash, it’s worth seeing if you have any valuable items that you can possibly sell to the company. 

Gem Pawnbrokers

If you are interested in selling or pawning gems and live in Manhattan, stop by Gem Pawnbrokers. This company has been in business since 1947 and was founded by Martin Kaminsky. Gem Pawnbrokers has expanded over the years to own and operate 24 popular stores.

The company’s layaway program allows customers to pay for items over a period of three to ten months. Customers can also receive instant cash loans when pawning items. And if you want to buy gems, you will receive a discount when you join the company’s mailing list. 

Lincoln Square Pawnbrokers Inc.

If you live close to Lincoln Square in Manhattan, make sure you check out this business. Lincoln Square Pawnbrokers Inc. opened its doors to customers in April 1946. The company has maintained the same ownership over the decades and has gained a strong reputation for ethical practices.

They offer cash for electronics, gold, diamonds, and a wide range of other items. So, when it comes to pawning, this is a great place to get a short-term loan for valuable items. You are given a two-month grace period, and valuables are kept in secure bank vaults until the loan is repaid. 

NYC Luxury Pawn Loans

This company was established in 2009 and has a reputation for paying top dollar for high-end items. These include diamonds, luxury watches, and jewelry. You can also receive a collateral loan if you need cash in a hurry. 

NY Pawnbrokers 

This company has locations in the Bronx and Manhattan. NY Pawnbrokers has more than 35 years of experience in the industry and has gained a solid reputation. They will buy or provide a short-term loan on just about anything you have lying around.

Such as?

If you have an unwanted car or musical instrument, NY Pawnbrokers will take it off your hands. The company also accepts video equipment, cameras, power tools, gaming consoles, and even used furniture. If you have particularly large and bulky items, it’s worth contacting the company before heading over there.

When it comes to pawning, the company offers a very low interest rate of just 4%. You will also need to pay a service charge, which runs between $4 and $10. If you choose to sell your item or receive a short-term loan, you will have your cash within ten minutes.

Now that you know the best pawn shops near me locator options…

Have You Considered Consignment?

Another good option for exchanging unwanted items for cash might be the 10 Best Consignment Stores Near Me.

And remember, if money is tight, these are also great places to buy items very cheaply in 2023!

So, if you love a bargain, check out these other places Where Can I Buy Name Brand Clothes for Cheap. Additionally, most stores have substantially reduced clearance sales when restocking. Find out When Does IKEA Restock or When Does TJ Maxx Restock?

But that’s not all…

Did you know that if an item you buy is reduced after purchasing it, you’re entitled to a partial refund at some stores? Read all about the Target Price Adjustment Policy, the Amazon Price Drop Refund, and Walmart’s Hidden Clearance. Or browse our in-depth guides to How To Buy Amazon Returns and How to Buy Unclaimed Mail!

Ok, back to…

Final Thoughts

If you need cash fast and don’t qualify for a personal loan, pawning valuables is a good option. In fact, there is a wide range of items that you can exchange for cash if you fall into hard times. However, it’s essential to keep the receipt so that you can buy back the item when you have extra cash.

It’s also important to know the market value of the item before pawning it. You need to be able to drive a hard bargain to make sure you get the best deal possible. It’s also a good idea to contact a few businesses to see which one will give you the most money.

Happy pawning!