Pawning your jewelry is a really good option for two reasons. First, it's great if you need money quickly but you also want to keep your jewelry. Second, because the pawn shop doesn't have to worry about having to sell your jewelry, you'll probably get more money.
Thereof, what percentage does a pawn shop give you?
Similarly, what do pawn shops pay most for?
Jewelry and gold is always a go-to item that pawnshops nearly always buy. Depending on what you own, you may get $100, $1,000 or more for your jewelry, coins, gemstones or scrap metal or silver. A gun, some power tools, a lawn mower or a quality stereo or laptop computer in working condition may bring $100 or more.
What is the difference between pawning and selling?
Ownership. When you decide to sell an item, you forfeit your ownership of it in exchange for cash. Pawning, however, doesn't mean you have to lose ownership. When you pawn an item, you give your item to the broker as collateral for cash.
Can I sell my ring to Kay Jewelers?
You can trade up your diamond jewelry purchased at KAY Outlet and get what you've always wanted. Bring your diamond jewelry in to your local KAY Outlet store, and find your new diamond from our extensive collection.