The Top Ten Items People Pawn For Cash

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Pawn shops can be a great way to turn items just laying around your house into cold hard cash. If you are unfamiliar with how a pawn shop works, it’s a pretty simple process. A person takes an item or items into the shop and if the pawn shop wants your items they will offer you cash for them. At a pawn shop you have two options as the seller, you can ‘pawn’ your items, which means that you will receive cash immediately and you have a certain amount of time that you can come back and buy your item back for a small fee. It’s basically a small loan. If you do not come back within the allotted amount of time to get your item, you forfeit that item and the pawn shop can sell it.

The second option is just selling the item outright for cash. Once you sell the item, it’s solely the pawn shops item to do what they would like with it.

Here are the top ten items that are brought into a pawn shop.

1. Jewelry

Necklaces, Bracelets, Rings, Watches, Earrings, Pins, Gold Jewelry, Silver Jewelry

2. Expensive Metals

Gold, Silver, Platinum, Copper

3. Gemstones

Types of gemstones include ruby, amethyst, sapphire, opal, and topaz.

4. Electronics

Items such as cell phones, computers, gaming systems, radios, tablets, cameras and watches are all very popular items that are pawned.

5. Firearms

Guns are one of the biggest items to be pawned.

6. Power Tools

Power tools like drills, saws, pressure washers, compressors and more are often pawned.

7. Antiques and Collectibles

Pawn shops are always getting a vast array of antiques and collectibles.

8. Musical Instruments

Guitars, drums, basses, horns are commonly pawned items.

9. Sporting Goods

Sporting goods and gear are great items to pawn as pawn shops always want that stuff because it sells easily.

10. Rare Coins

Sometimes people come across a few rare coins and they decided to sling those coins for cash — this is very common!