The www.majorpawn.com Guide to Getting the Best Price for Pawned Items

Many of us find ourselves in a sudden situation, which requires us to get some cash quickly. At times, there is a need for small and fast loan for your immediate needs. You end up worrying and looking at pawn shops as your only resort. Luckily, several pawn shops around the New York area offer pawning, loaning and selling services to satisfy your quick cash needs.

With the plethora of pawn shops around, it can be hard to gauge which one among them will give you the best price for your jewelry or valuables. In this article, we’ll look at different ways to get the best price for your items on-hand. This handy pawn guide is brought to you by www.majorpawn.com.

What Drives People to Pawn Shops?

There are several reasons why people want to pawn or sell their valuable items. Financial problems, such as impending home foreclosures or medical emergencies, are strong reasons to seek the services of a pawn shop. Others choose to sell their gold and silver items because their current market prices are soaring high. Most also want to avoid the recession, which is happening globally today.

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Best Price for Pawned or Sold Items

Pawn shops do not have a single pre-determined price for a certain piece of item. Trained pawn shop personnel will take your items and assess them based on their attributes. From there, they will determine the actual worth or value of your items; hence, different shops may assess a single item and come up with different price ranges. You need to scour the town for that pawn shop, which offers honest and the best price for your items.

To help out first-time pawn shop customers, we’ve rounded up some tips to guide them in getting the most out of their pawn shop experiences. Take these tips to heart to score the best, most honest and fairest pawned items pricing:

  • Pawn or Sell Quality Items with Minimal Broken Parts – While it’s true that some shops like www.majorpawn.com accept broken items for pawning or selling, the value of money you get from them will substantially be lower. So it’s a good idea to pawn quality one instead. You can also pawn items with little to no broken parts. Pawn shops will favor these since these are in a better condition, causing them to price these items higher. This translates to bigger loan amount or profit.
  • Research on the Possible Value of your Items -Before heading to a pawn shop, check the value of your items on the Internet first. Do a quick Google check on the price ranges for jewelry items. Also, look at the prices on buy-and-sell sites, like eBay and Amazon. If it’s a historical item or a piece of artwork you are pawning, consulting with art dealers is a sound idea. Original boxes, packaging, or artwork certifications may also add up to the total value of these items.
  • pawnLook Around Shops and Have your Items Appraised First – As explained earlier, pawn shops do not follow a fixed amount policy for different items, such as gold, diamond and silver. They rely on fluctuating market prices and the individual condition of the items. Since you ultimately want to get the most out of our pawned or sold items, it’s better to look around for the pawn shop that can offer the highest amount. Have the items appraised first in pawn shops around the vicinity. Take note of the appraisal value that each shop will provide then determine, which can give the best offer. Complete the transaction with them.
  • Understand the Loaning Terms – You just don’t leave our pawned items and grab the loan money on a pawn shop. Know the terms that come with your pawning activities. Doing so will help you decide on your paying capacity and plan about repayment methods. For instance, www.majorpawn.com provides a repayment period of 4 months with a 3% interest each month. They provide customers with a pawn ticket stating the terms and conditions of the loan, as well as the loan amount and due dates for payment.
  • Learn to Negotiate – First-timers are particularly scared that negotiating will lead to a lower appraisal value or a rejection of their pawning transactions, but no. Negotiation and haggling is common and is an expected practice at any pawn shop, so learn to negotiate effectively to get the best deals from the lenders.

Pawn with Ease and Peace of Mind

People can always turn to www.majorpawn.com for their quick loan needs. They offer honest appraisals, quick loan releases and hassle-free repayment options for their customers. You have a hundred percent assurance that your items will be in good hands. With us, you can have your items pawned with ease and peace of mind.

Tips in Selling and Pawning at cash4 jewelry now

Cash4 jewelry now will either supply your needed money or make you realize that your jewelry is too precious to be sold. We are committed to giving our clients honest appraisals. Our talented and skilled staff will evaluate your presented jewelry according to its weight, property, aesthetic value, and marketability. We will understand if upon knowing the value of an heirloom, you will decide to no longer sell it and keep it to yourself.

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However, be warned that not all pawn shops, pawnbrokers, and appraisers have integrity. Others will make you believe that your jewelry has lost its value through time when it did really not. In this industry, you have to be wise. To help you prevent making mistakes, we listed some tips that you can apply whenever you need an extra money to go by.

1. Selling your gold jewelries at cash for gold parties is not a good option.

It sure is exciting to go to cash for gold parties. There are a lot of clients there with their gold jewelries, willing to trade them for cash. It is tempting to sell your own jewelry when you see the buyers handling the sellers their dollars. We advise you to hold onto your jewelry tightly, and find other place where you can get a better deal like at cash4 jewelry now.

The buyers on those parties only pay for the gold property of your jewelry. For example, you have a gold ring with a diamond in the center. Buyers at cash for gold parties will not give the diamond any value, no matter how big it is. Also, some of those buyers trick their customers about the weight of the jewelry. Their scale uses pennyweight but they will make you believe that the unit is gram. Take note that 1 pennyweight is equal to 1.555 grams. Additionally, the buyers have no permanent location so there is a little chance that you will get to find them if in case you have a concern regarding your transactions.

2. Keep a watchful eye when making a transaction.

During the first years of pawning industry, some pawnbrokers are known to trick their clients by changing their items. It started a chaos then that leads the authority to close some pawnshops. Licensing also began for the security of the customers.

Up to now, sneaky pawnbrokers exist. For example, you give them a Rolex watch to examine; with their quick hands, they can change your authentic item to a fake one. To prevent this from happening to you, choose only the licensed and accredited pawnshops.

cash4 jewelry now is a guaranteed shop. We have been in the industry for many years, and we have made loyal happy customers.

3. Do not sell your jewelry if you plan to get it back.

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At our shop, you can either sell or pawn your necklaces, earring, gold pins and brooches, bracelets, watches, rings, and diamonds. If you sell it, we will give you an amount base from its condition. We also consider the retail price of your item; but, do not expect that we can give you an amount close to it. You can always negotiate to make the transaction favorable for both parties.

Now, if you feel like you cannot let go of your item but you desperately need cash, think of pawning it. For this option, we will give you a pawn ticket. It consists your due date, the date that states until when you are allowed to retrieve your jewelry. It will also consist our terms and conditions. You are to keep this ticket, and present it when you are ready to get your precious possession back.

4. Do not sell or pawn at cash4 jewelry now if you stole the jewelry.

Pawnshops follow federal laws for financial institutions. We make a report on a regular basis of the items sold and pawned to us. We give all the details about the items. This report helps local police departments to track if a stolen item was sold or pawned, as well as who stole it.

The law permits us to gather our customers’ personal information. We always ask our customers drivers license or any government-issues ID. This aids in tracking thieves. We will know if the jewelry is not yours.

5. Before agreeing, fully understand the terms and conditions in pawning.

Cash4 jewelry now also follows state laws. The interests we add on your pawns are based from these laws. We are also allowed to add miscellaneous fee, which usually includes maintenance and storage expenses. All these terms will be reiterated to you upon deciding to pawn your jewelry to us.

Author Bio

Cash4 jewelry now is one of the best pawn shops. Here you can sell your jewelry and other pawn items with good price.