The 4 Highest-Priced Items in a Pawnshop

Knowing what the highest-priced items in a pawnshop are can give you an idea what to sell to make the most money.

If you’re in need of a quick cash payout, selling one of the highest-priced items in a pawnshop is a good place to start.

The 4 Highest-Priced Items in a Pawnshop

1. Gold and Precious Metals

Pawnshop owners are often wary of buying expensive items such as electronics, which may quickly become obsolete.

Items you will see frequently are gold and precious metals, especially jewelry. These items tend to appreciate in value, so they are favorites of pawnshop owners.

Gold is a good product to purchase when you’re trying to solidify your financial plan. Not only will it appreciate in value for the pawnshop owners but it will also do the same for you. It’s a great way to diversify your assets, and if rainy days follow, it’s easy to sell as well.

2. Power Tools

A quick walk through your local home improvement store will reveal that power tools do not come cheap. Most homeowners can’t afford the straight-off-the-shelf price tag, especially if they’re trying to save money by doing the work themselves.

Pawnshops love to buy power tools and offer them at discounted prices. This is an item that moves quickly, which helps the pawnshop acquire other items to sell.

If you’ve finished a home improvement project and want to make extra cash, consider selling your power tools to a pawnshop.

3. Guns

The best-sellers in many pawnshops are firearms. It’s a perfect deal for those who have old hunting rifles they no longer use.

Guns are bought and sold at a variety of prices. The highest priced ones are almost always rifles. However, an antique handgun can reach some great prices as well. However, these guns tend to be more expensive because of their historic nature, not their performance ability.

4. Diamonds and Gems

Like precious metals, diamonds and gems hold their value well. This allows people to get great deals on stones that may otherwise be unaffordable for them.

These stones will sell even better if they come with a unique or intricate setting around them.

Antique jewelry is one of a kind and rare. This allows them to sell at a higher price. If you are just looking for the stones to add into a new setting it will be more cost effective to buy just the stones or to only buy them in a simple setting.

See the Highest-Priced Items in a Pawnshop Near You

Instead of searching for extra work this week, look through your closets to see if you have any items to take to a pawnshop.

If you have any of the highest-priced items in a pawnshop, there’s a good chance you can get a great price for your old stuff!

What is the best deal you’ve ever found in your local pawnshop? Let us know next time you come visit Premier Pawn!