Panswops are great for when one will need to trade in jewelry for some money. They come in handy when there is an emergency, and you need to come into some cash fast. But what if you want to buy jewelry from a pawnshop, you may be wondering how that would work. 

Jewelry left at a pawnshop usually ends up there because the person who pawned it couldn’t pay their debt back. All the jewelry in the pawnshop that is left unclaimed will be sold at very affordable prices. If you don’t mind buying pre-owned jewelry and want to get a great deal, then buying from a pawnshop is the way to go! However, there are a few things you need to know before you buy. This blog post will guide you through the process and ensure you end up with an excellent deal. 

Tips Need to Know Before Buying Jewelry from a Pawnshop

Buying second-hand jewelry from a pawnshop is a great way to get real gold for a more reasonable price. Many pawnshops will offer authentic jewelry usually lower than prices you will find at a jewelry store or mall. However, when you buy from a pawnshop, you need to be careful. Here are a few tips to help you when you shop for pawnshop jewelry.

Tip #1 - Shop Around

It is fine to shop around and not buy from the first pawnshop you visit. There may be other shops in your area that offer discounts or are on sale, which will allow you to find the best prices. Also, looking around will allow you to find out which shop has the friendliest staff members, which will make your transaction more pleasant.

Tip #2 - Negotiate

It may also be possible for you to negotiate the prices of the items that are shown to you. Having haggling skills will come in handy when you buy jewelry from a pawnshop. 

Tip #3 - Have the Jewelry Tested

When you find a piece that you like, it is best to have the jewelry tested. Have the staff apply an acid solution to check if the gold is pure or not. Also, if you have a friend that has a good eye to tell authentic jewelry from fake ones, have them tag along. 

Tip #4 - Check the Price

If the pawnshop has price tags attached to the items for sale, it is best to take note of the price you were promised and ensure that it is the price that you will pay.

Tip #5 - Read the Fine Print

Some pawnshops may require you to sign a legal document that will certify that you bought a genuine and authentic item from them. This document is designed to protect you and the pawnshop in case of any unforeseen circumstances. It is crucial that you read anything you are being made to sign. 

Conclusion

If you want to get good deals for jewelry, going to a reliable pawnshop will help you find what you need. You will be able to get adequately priced jewelry that will meet your budgetary requirements. However, you need to be careful when selecting the pawnshop to buy from. Otherwise, you may be hoodwinked into a bad deal. 

Find only the best prices for pre-owned jewelry at River City Pawn. our staff will be ready to assist you when you come over and look at what we have for sale. Whether you are looking to buy or sell gold in Owensboro, KY, visit us today!