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5 Best Things to Pawn for Quick Cash
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If you’re having money issues, borrowing money from friends and family is usually not enjoyable. Getting a loan from the bank isn’t always an option either.
What are the best things to pawn?
1. Precious Gems
Pawn shop owners are quick to buy up precious gems, especially diamonds, rubies, sapphires, and emeralds. They are natural resources, and thus are not as easily affected by supply and demand.
2. Precious Metals
As inflation rises, the price of gold skyrockets. Gold is not only a great investment but can be promptly sold for cash if you’re ever in a pinch.
You can also pawn silver and platinum for hefty chunks of change. Any item that contains precious metals is worth at least the cost of the materials.
3. Firearms
People looking to purchase firearms on a budget will look in their local pawn shops. Therefore, pawnshop owners are eager to buy guns from people who need some fast cash.
4. Electronics
You can pawn anything from your e-reader, mp3 device, video game console, smartphone, laptop, desktop, or camera. The newer
the device, the more money it’s worth.
5. Wristwatches
It may surprise you, but a nice watch can sometimes fetch more than electronics. This is especially true if it’s made of a precious metal or has some precious gems on it. Diamond studded watches and gold watches fetch a good price.
Since running around town to get different prices from all your local pawnbrokers is such a hassle, consider pawning with PawnGuru. We allow you to compare offers from different pawn shops in your area in order to get the best price.
Good luck!
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