3 Things to Consider Before Pawning at a Pawn Shop

Whether you’re trying to get rid of some clutter, get top dollar for an extremely valuable possession, or are just looking to make a few extra bucks, chances are you have considered bringing your items of value to a pawn shop. Selling your valuables to a pawn shop has a considerable amount of benefits, such as knowing that you are receiving the best possible price for your items, and not having to go through the hassle of posting them on Craigslist or holding a garage sale to sell your unwanted possessions. However, before you go ahead and pack up your valuables to head to the nearest pawn shop, you might want to consider a few things. Here are some basic questions to ask yourself before you sell your valuables at a pawn shop, so you can feel good about the choice you made.

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Do I Really Want to Part With This Item? We’ve all been in a tight spot in our lives, when money is scarce and it seems like selling our possessions is the only option. But before you cash in on your items for a much-needed payday, it’s a good idea to have a little powwow with your future self, and see how that guy or gal is going to feel when your prized possession is a distant memory. Sure, rent is due and you don’t have two nickels to rub together, but are you really going to be OK with not having your favorite guitar? You need to buy groceries, but are you really willing to part with the antique necklace from your grandmother to make that happen? You must be 100 percent comfortable with the idea that you will likely never see your valuable item again once you sell to a pawn shop.


Can I Get a Better Deal Elsewhere?

If the item you’re pawning seems to be selling like hotcakes on eBay, or if a quick scan of Craigslist shows you that you may be able to get a good deal more money for your valuable, you may want to weigh your options. If the pawnbroker you visit gives you a better deal for your item than you could have gotten anywhere else, then you’re wise to sell it at your pawn shop. However, if you have even an inkling that you can sell it elsewhere for more, you should hold onto your item until you can do just that.


Is It Mine to Sell?

Did your ex-girlfriend leave behind a limited-edition first pressing of Sgt. Pepper’s Lonely Hearts Club Band? Did your mother give you her heirloom set of china dating back to the 1800s? Before you take it to the pawn shop to see how much you can get for such a find, stop! If there is any chance at all that the person who initially gave you the item may want it back someday, you absolutely shouldn’t pawn it. After all, how would you feel if someone pawned something that belonged to you, when you thought they were holding onto it and keeping it safe for you? Only pawn the items that truly belong to you- it’s as simple as that!


If you’ve asked yourself all these questions and still feel like you’re ready to sell your valuable item to a pawn shop, Pawn Brokers Exchange is here to give you the best deal in Salt Lake City! Call 801-238-0111 today to set up a consultation and estimate from one of our friendly representatives.

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