Do you have collectible items in your home that may be worth a lot of money? One good way to cash in on those old (or not so old) collectibles is by bringing them to a pawn shop. But with so many options for selling your stuff these days, should you sell your collectibles to a pawn shop?
Here’s more information about selling collectible items that may help you make your decision.
How pawn shops work
Pawn shops buy and sell secondhand merchandise. Sellers can either come in and sell directly or pawn their items as collateral for a short-term loan. If the loan is not paid back within the terms of the agreement, the pawn shop keeps the item and has the option to offer it for sale in the store.
This is a popular way to get cash right away. Pawn brokers are knowledgeable about a wide variety of goods, including desirable collectibles, and will be able to assess the value of your items on the spot.
What type of collectibles can I sell at a pawn shop?
There is no real limit to the type of collectibles you can sell at a pawn shop. As a general rule, if it’s something that the pawnbroker feels they will be able to sell, then they may make you an offer for it. You may get a higher offer if the item is in its original packaging or at least in very good condition.
There are many different types of collectibles that you might not even be aware hold tremendous value. For example, vintage Barbie dolls and accessories may fetch a pretty penny to the right buyer, and sports memorabilia is a perennially popular genre of collectible. Vintage items are a good bet to hold some value, but rare or trending items may be valuable as well regardless of their age.
What kind of value will I get for my collectibles at a pawn shop?
You may or may not be surprised to learn that what you will receive for your collectibles at a pawn shop will be less than what the items may sell for online or in a specialized antique store. Pawn shops are a resale business, and they need to make a profit as well, but there are benefits to selling your collectibles at a pawn shop.
One benefit of selling collectibles at a pawn shop is that you will walk out with cash in your hand. You also don’t have to deal with packing and shipping an item like you would if you were selling it online. You also don’t have to worry about falling for an online scam from a faceless buyer you will never meet in person.
When you are selling your collectibles to a pawn shop, it’s important to work with a reputable, experienced establishment. Whether you’re looking for a fair price on jewelry, gold, antiques or any other type of collectible, visit Harrison Street Pawn today for excellent customer service. We’ve cultivated a strong reputation over the course of 30 years in the business, and we look forward to helping you soon!