Going to a good pawn holds many advantages to it. For starters, when you’re strapped for cash, pawning an item at the pawn shop is a legit route to take (this is what keeps pawn shops going). When you’re in need of money, sometimes, it’s best that you only borrow what you know you will be able to pay back in the near future.
Depending on the pawn shop you go to, you may have between 30 to 90 days to repay the loan. If you fail to repay, then the merchandise you pawned will be resold. If you are in need of $100 or under, below are some of the best items to pawn …
Pawn shops really love Rolex watches. In fact, you can easily find good Rolex watches at Majorpawn.com. If you’re looking to pawn your Rolex watch, then you could easily get $100 for it. Before you pawn your watch, go ahead and clean them up a bit, and make it look presentable.
Diamond Rings and Gold Necklaces
If you have a pawn shop in your area that is based on jewelry, and you’re in need of some fast cash, if you have diamond rings and gold necklaces, go ahead and take it in to the pawn shop. As long as you don’t mind pawning your diamond ring or necklace, you may be able to get quite a bit on it.
Just make sure you pay it back so that you do not lose ownership on it. Most pawn shops will give you between 30-90 days to repay the loan, along with any interest and fees.
Selling Instead of Pawning
If you are in need of a little bit more money than what the pawn shop is offering you, then you could choose to sell the item instead of pawning it. Take note that when you choose to sell the item, you will be surrendering your rights to it. However, if you really do not want that diamond ring, or rolex watch, and you’re in need of some fast cash, then you might as well go ahead and sell it.
The truth is, if something is in demand locally, then a pawn shop will want to buy it, but most pawn shops are always looking for rolex watches, diamond rings, and necklaces.
If you live in an area that has a jewelry based pawn shop, then you’re in luck. The items we just listed above are ones that most pawnbrokers find it hard to turn away from.
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