Ever needed cash fast but couldn’t get it in time? Next time, try pawn for cash. Because it is easy, there are over 9200 pawn shops across the United States.
If you’re interested in pawning your stuff, common questions include “what do pawn shops accept?” and “what can I sell for $100 to get quick cash?” In this article, we’ll answer your questions and give tips on how to get the most money on your items at pawn shops.
So, what can I pawn for quick cash?
The quick answer is that covers almost everything. You can pawn vintage magazines, newspapers, engine parts and used furniture. Also, you can sell electronics, jewelry and stamps. Today, there’s a market for almost everything.
Many people think pawn shops are declining, but approximately 30 million Americans use pawnshops annually. Nowadays, even online pawn shops get free appraisals within minutes without leaving your home. Online pawnshops operate 24 hours a day.
What’s a Pawnshop?
A pawnshop lets people borrow money against the value of an item that they own. If they are unable to repay their loan, the borrower can repay the loan with interest. Or forfeit the item. Customers can also sell or buy items at pawnshops, so they can get quick cash for their possessions.
Actually, pawnshops are not as risky as many people believe. All regulations applicable to other financial institutions such as the Patriot Act (Truth-in-Lending Act) and the Patriot Act (among others) must be adhered by pawnbrokers.
If you are looking for a short-term secured loan but don’t have the funds to get one from your bank or credit union, you might consider pawnshops.
What’s the Difference Between Pawning and Selling?
Selling and panning are two ways to get rid of possessions that you don’t need or want. Both methods have their pros and cons, so you should weigh your options before deciding on one.
You are borrowing money to pawn a property. The amount of the item will determine how much you can borrow. Additionally, you will need to repay that loan within a certain time period.
If you fail to repay the loan on the due date, the pawnbroker is able to sell the item for a profit to cover their losses. The benefit of pawning is that it’s fast and simple. In addition, you don’t have to worry about haggling with buyers online at eBay or sites like Craigslist to sell items.
You can get your items back if you pay the pawnshop loans in full.
A pawnshop can also be used to sell your items. All you have to do is bring them in and ask for a cash offer. You and your pawnbroker agree on the amount they will pay for your stuff. The pawnbroker pays cash and you get your item.
Should you Pawn or sell?
Selling the stuff is the best solution if you don’t intend to keep it. You can sell the item if it has any value, or you would like to be its owner.
Quick Cash: What can I pawn?
The majority of valuable items are accepted by pawnshops in return for a collateral loans. However, pawnshops often want to buy high-resale values items.
Here are some things that you can pawn quickly for cash:
- Jewelry and Precious Metals – You can pawn upto $1000 or more.
- Rare Collectibles and Art Pieces – Used good-quality instruments can be pawned starting at $50. The rare collectibles that are more valuable may go up to $500 depending on rarity.
- Other Electronics They will purchase new and used electronics, such as AirPods, which can be pawned at $50, and gaming laptops that can go up to $1000. Vintage tech is available for even more.
- Designer Accessories A designer bag, handbag and sneakers can all be pawned easily for upwards to $1000. Some places will even resize watches for free for new owners.
- Firearms Must be registered in your own name. Pawnable for up to $1000 if the item is in good condition.
- Appliances, Tools, And Equipment Used garden, kitchen and construction equipment starting at $50 with higher-end equipment reaching upto $500 like name-brand air compressors.
- Vehicles – A used car or an old pickup truck that is registered under your name can be pawned to get well over $1000
Which Pawn Shops Pay The Most?
Pawnshops pay the highest price for jewelry such gold and diamonds as well as coins, timepieces (vintage sneakers), and designer handbags. However, each store has the option to buy more expensive items, such vehicles, jewelry or even real estate.
The Best Things to Sell at Pawn Shops
You can get a loan from a pawnshop depending on where you are located, what item is popular, and how much the item is worth. You can get the best offer by visiting multiple local shops.
Here’s the list of top-selling items you can sell in your local pawnshops
Can I Pawn $50?
Here’s a list with the top things you can pawn to get $50
- Accessories like belts and sunglasses of name-brand brands, such as Ray-Ban or Oakley, Maui Jim and Prada, can be designer, including accessories like belts.
- Tech devices like used laptops with a charger, AirPods, or Cricut Maker
- Vintage vinyl records, mint condition collection of DVDs and Blu Rays
- Kitchen appliances, such as KitchenAid stand mixers.
- Good quality musical instruments like guitars
- Garden tools such as leaf blowers, lawnmowers, and mowers
- Large kayak
- Carpet cleaner
- Gift cards for cash
A clean and excellent item will be more attractive.
What Can I Pawn for $100?
Here are some of the most valuable things that you can pawn in exchange for $100
- Jewelry made from precious metals, stones, and scrap metal.
- Gadgets/Smart Appliances/Devices – Flat-screen TV, Hoverboard, BOSE Speakers, Tablets, Smartwatch, GoPro Cameras, Game Consoles like PS4, Xbox, and Digital Cameras
- Old fridges for cash and old YETI refrigerators
- Washers & dryers
- Rigid, Snap-On and Bosch are some of the brands that rent tools and equipment.
- Air-conditioning units
- Portable movie projector for camping and backpacking
- Name registered firearm
- Exercise equipment such as an elliptical, recumbent bike and curved treadmills are all available for training.
- Used tires with good tread
- Mattress
You might be able to get more money for a bigger 4k TV or an Apple Watch. In addition, most mattresses retail for $200-$1,500. The average price for a mattress in good shape is $100 to $200.
What can I Pawn to Get $200?
For $200, high-end sporting equipment can be pawned. Flip your sports equipment for some quick cash if they’re in your basement collecting dust and in good condition.
Here’s the list of top things that you can pawn in exchange for $200
- Golf clubs
- Snowboards
- Surfboards
- Mountain bikes and beach cruising
Popular gadgets like the Nintendo Switch can be pawned up for $200 or more.
Where can I pawn for $300?
You can get paid good money for pawning older gadgets and tech devices still in excellent condition.
Here’s a list with the best items you can pawn for $300
- Late-model Apple devices like iPads
- In perfect condition smartphones
- Good quality late-model laptops
- Jewelry with precious metals like Chopard or Breitling
A $300-plus price tag can be paid for an unlocked iPhone with no contract.
What can I pawn to get $500?
It is possible to quickly cash in on pawned collectibles.
Here are the top five things you can pawn to get $500
- Rare media, such as video games or old comics
- Rare game collections such as Yu-Gi-Oh! Pokemon cards and rare game collections such as Yu-GiOh!
- Vintage technology like an old, unopened iPhone
- Sportscards
- Vintage Advertisements
- Original edition board games and toys
Pawnshops will also pay $500 or more for jewelry and designer pieces. The price range will vary depending on the value of the precious metals used, their condition and brand. For example, you can get quick cash selling Tiffany jewelry to a pawn shop. For $500, you can get common items like rings, jewelry, timepieces with high-end diamonds, and bulk scrap gold.
Why can’t I borrow $1000 for
It is difficult to find good items to sell at Pawnshops for $1,000, as the loan amount is often lower than the collateral.
Here are the top things you can pawn at $1,000
- You can find current tech products, such as a MacBook or gaming laptops.
- A pawnable option for large and high-quality diamond rings. This depends on the current market price of the metal.
- The highest-end jewelry, including diamond necklaces or bracelets, is not moissanite jewelry or costume jewelry.
- High-end watches from Rolex, Chopard, Panerais can be pawned for thousands of dollars.
- You can have high-quality, in-demand firearms registered under your name.
- You can register an old car or motorcycle, or truck, with VIN check and title in you name
High Demand Pawn Items to Quickly Cash Summary
Many items that we don’t use anymore are still valuable, and pawnshops pay quick cash. Many Americans sell their items to local pawnshops because they are flexible and quick to transact.
You can also take some time to search your garage, attic, or home for items you don’t use often and bring them to your local Pawn Shop today.
See our guide for the best consignment online apps and shops near me.