The Absolute Best Items to Pawn
If you need a little bit of extra cash in a quick amount of time, it might be beneficial to look into pawning some of your own valuable items. If you’ve seen reality shows about pawning, then it’s likely that you already have some idea of how pawn shops operate already.
Technically speaking, you can probably sell almost anything to a pawn shop, but there are some items that will go for a higher price than others. In fact, many pawn shops seek out specific types of items for their store. So, if you have something that a pawn shop might want, you could earn a solid amount of money in a fairly short period of time.
At Chicago Super Pawn, you can bring us an item, and we’ll offer you a loan based on the item’s value. Like most pawn shops, the way we operate is that if you pay the loan off in time, you’ll get your item back, but if you don’t, we’ll be able to sell it to our clients.
This is a great business model, as it allows people to take out loans based on the value of their own belongings. We don’t care about checking your credit before we purchase or pawn your products. In fact, this is a huge advantage to going to a pawn shop rather than the bank when you’re in need of quick money.
What Do Pawn Shops Buy?
So, this of course brings up a whole host of questions for you. The first might be: what exactly do pawn shops purchase? The short answer here is pretty much anything that has significant monetary value that we feel our customers may enjoy.
This means that pawn shops are known to buy expensive items like jewelry, electronics, and instruments. More specifically, at Chicago Super Pawn, we buy products like designer handbags and even sports memorabilia. Here’s a list of items that tend to be in high demand at pawn shops in 2022:
- High end watches
- Musical instruments
- Precious metals
- Power tools
- Game consoles
- Sporting goods like bikes
So, as you can see, there are plenty of items pawn shops are interested in taking off your hands. There’s no real rule of thumb when pawning items, but it certainly helps if you’re bringing in things that a pawn shop typically looks to sell.
Of course, use your own discretion and if you’re not sure whether an item is worth taking to the shop, you might as well bring it along and see. Even if it’s not something a pawn shop would typically buy, if it has value, you still might be able to pawn it.
Pawning Jewelry: Dos and Do Nots
If you need cash quickly, pawning pieces of jewelry can be an easy way to get it. Going to the bank and asking for a loan requires time and some planning. Meanwhile, you can walk into a pawn shop, give us a few jewelry pieces that you want to pawn, and walk away with cash immediately.
If you have an emergency situation arise in your life, pawning jewelry can help you out quite a bit. Plus, you can always come back later and pay off the loan if you want the jewelry back afterward. In this way, pawn shops can help make difficult situations a little easier for you and your loved ones.
When it comes to pawning jewelry, though, you’ll want to keep a few things in mind. The first is that you should try not to pawn anything that holds real sentimental value to you. Of course, you can always come back and pay off your loan to get the item back, but on the off chance that you can’t pay it back, you might regret handing over such a personal piece of jewelry.
Additionally, you might not think of some of the more unique items that you could pawn. Before you head to the pawn shop, take a look at your watch, or perhaps your collection of watches. Many people don’t think about pawning their watch, but there are certainly reasons to do so. Watches hold great value, especially Rolexes.
Another thing to keep in mind is any scrap metal lying around (i.e. broken jewelry) can also be pawned. In the case that you don’t have much jewelry lying around or that much of it has sentimental value, scrap metal is always a great way to get money quickly.
Things You Didn’t Know You Could Pawn
Of course, there is always a chance that something lying around your house could be worth big bucks at the pawn shop. There are plenty of things that go for quite a bit of money that you wouldn’t normally consider when you think of a pawn shop.
Some examples of more obscure things you can pawn are books, magazines, designer clothes and accessories, sporting goods like baseball bats and tennis rackets, workout equipment, household appliances, collectibles like coins, and handmade items like paintings or woodworks, and so much more.
Really, it all depends on the individual pawn shop that you decide to go to and what they believe their customers are looking for. If you live in the Chicago area and are interested in pawning any of your belongings, we suggest that you bring it to us at Chicago Super Pawn.
Pawn With Us
Chicago Super Pawn is located in Logan Square, which is a community established in the northwest sector of the city. If you have items to pawn or if you’re looking for unique items to purchase, please feel welcome to stop by any time.
We’re always keeping our eyes peeled for the next great product. Whether it be something a pawn shop would normally take like a gold ring or something less obvious like a power tool kit, we’re interested in looking at what you want to pawn to us. If you have any questions about our services, visit our website, give us a call, or even better, stop by in person sometime!