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What Are Pawnshops’ Guidelines on Selling Broken Jewelry?

January 13, 2022

Unavoidable situations happen to us all. At some point in our lives, we come across a situation where we need to raise some money quickly. Whether it's because of a financial emergency or you're aiming to buy something special, pawn shops can be a lifesaver.


The best part about pawn shops is that they're there for you when you need them most. Because of pawn shops, you don't have to worry about selling your valuables when you need the money fast. All you have to do is walk in the store, and they'll do the rest!


The best way to get the highest price out of your broken jewelry is to take them to a pawn shop. They specialize in buying jewelry, so they'll ensure they give you the best price. However, the amount you get will largely depend on the item you'll bring. When it comes to broken jewelry, you may have to manage your expectations.


Pawning Off broken Jewelry


if you're wondering whether or not pawn shops buy broken jewelry, the short answer is yes. However, you may have a hard time selling it. Â This is because the quality of the item they're buying is very subjective.


A certain ring with a few scratches can be worth a lot less than the same ring in perfect condition. The condition of the jewelry is important, but there are other factors to take into account.


The Exceptions to the Rule


While other types of broken jewelry may get you less money than if they were intact, this isn't always the case. Some types of jewelry, like diamonds and gold, don't have as big a difference in price if they're severely damaged.


If the piece is a high-end item, it is still worth a lot of money, even if it's broken. Pawn shops don't just buy broken jewelry; they’ll buy it if it's in good condition, too.


The quality of the piece is important, but the condition you should worry about the most is the condition of the stone. A lot of the value in a high-end piece comes from the gem, stone, or other ornamentation. A gorgeous necklace would be worth more if the gem were still intact, but you can still collect a hefty chunk of change if the jewel is broken.


If you need to sell a valuable piece of jewelry that has been broken, you should still be able to sell it at a reasonable price. The reason it's worth so much is that it's rare and in good condition, so it still holds a lot of value.


Conclusion


If you need to buy money fast, pawn shops will help you out. They'll purchase broken jewelry if the gem is still intact and if you have the right item. The most important thing is to remember that they'll only buy what the jewelry is worth if it's in perfect condition. If you can't get it fixed by a professional, you won't get as much money for it.


If your broken jewelry is still worth a lot, don't worry. You'll still be able to get a fair deal for it. Don't expect to get the same amount for damaged jewelry as you would for the same piece in perfect condition. However, if you're lucky, you'll be able to get a fair deal for the item!


Do you have old, broken, or unwanted jewelry? Then bring them to us at River City Pawn! Our
pawn shop buys scrap jewelry and gold at all of our locations and guarantees that we will pay you the best price based on the daily market value.  View our locations today!

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