Unless you’ve been living under a rock, you know that pawn shops are often places to find all kinds of treasures, from high-end watches to platinum and diamond jewelry, art, antiques collectibles and more. Most pawn shops will buy almost any item of value. At Modell Collateral Loans, however, we specialize in diamond and platinum jewelry, gold, and high-end watches. We don’t deal in large items, like power tools, or music instruments. If you’re wondering if we accept your specific item of value, contact us.
The factors that a pawnbroker uses to determine the value of an item and whether or not he or she will buy the item are generally:
1. the item’s current condition
2. the current market value and resale value of the item
3. the ability to resell the item quickly
Certainly, there are other factors that help determine what pawn shops will buy – some upscale pawnbrokers deal only in specialty items. Modell Pawn Shops in New York City deal mainly in diamonds, platinum and premium watches.
Many pawn shops are willing to negotiate a fair price for most items of value, such as high-end watches, platinum and diamond jewelry, gold, rare coins, fine art, collectibles, memorabilia, electronics, power tools, apparel and more.
Thinking of selling your item to a pawn shop?
Consider a pawn loan instead. With a pawn loan, or collateral loan, you can get the money you need quickly and easily, and the best part is that you’ll be able to get your item back once the loan is repaid. Pawn loans never affect your credit, and you’ll never have to take steps to verify employment. Just bring your state or government issued ID along with you when you go to get your loan. Click here to find out how a pawn loan works.
Still wondering what pawn shops will buy?
If you’re still unsure whether a pawn shop would be willing to buy your item, contact Modell Pawnbrokers in New York. We have convenient locations in Manhattan, Brooklyn and Queens to meet your needs. Our friendly staff is standing by to answer any questions you may have.