Pawning jewelry is a stressful time. You may be pawning beloved pieces, so you need to get the best price you can from the pawn store. Here are some tips for successfully pawning jewelry from PawnNerd.
Only Pawn What You Can Afford to Lose
Pawnshops work like loan shops, but it is rare that anyone who pawns their jewelry is ever going to pay back the loan. Assume that you will never get the money to get your jewelry back. Never pawn something with high sentimental value, as you will never get enough money to pay for your emotional loss. Only pawn what you are willing to part with permanently.
You want to make the best impression you can on the pawnshop employee or owner, so clean all the jewelry. Use a store-bought jewelry cleaner and a toothbrush to gently remove grime and tarnish. Pay particular attention to areas around and underneath stones. Never clean jewelry in the sink as it can accidentally go down the drain. Clean in a bowl or large measuring cup. Rinse off and pat dry gently.
Find Any Paperwork
Get together any paperwork associated with the jewelry, such as receipts or appraisals. This helps establish how genuine the stones and metals are. Now you are ready to go to the pawnshop.