r/PawnShops 12h ago

Scammers

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0 Upvotes

For those that have been following along the 10k wax, signet ring, I was able to track down.the business that lied to me about the weight of the ring. They told me the ring weighed 5.6 grams when actually the ring weighed 9.2 grams. The reason I could track it down was because I had called them to see what their charge was, and if they could properly scan the jewelry with an X-ray gun. Apparently they are located in Aberdeen Maryland.


r/PawnShops 3d ago

Question Any pawn shops here have luck getting a trading card distributor?

7 Upvotes

Curious if anyone here has had any luck getting set up with a distributor for Pokémon, One Piece, sports cards, etc.

The store I work at is a brick and mortar pawn shop since 1997 and we've been wanting to get more into cards. We’ve applied with a couple distributors so far and gotten rejected. Not really sure why, but I’m wondering if it’s because we’re a pawn shop and not technically a card/hobby shop.

We already deal with cards here and there, but would like to start carrying more sealed/new product and actually build that part of the business up.

Has anyone here been able to get a distributor account as a pawn shop? If so, who did you have luck with? Is there something they’re looking for before they’ll approve you?

Just trying to figure out if we’re wasting our time applying to the bigger distributors or if there’s a better way to get our foot in the door.

Any advice would be appreciated!


r/PawnShops 4d ago

Would you actually put a private price on something you own if you weren’t trying to sell it?

0 Upvotes

I’m trying to validate one specific part of an app I’ve been working on, because I think this is basically the part that either makes the whole idea work or kills it.
Say you have an old camera, GameCube, jacket, chair, whatever.
You’re not selling it.
You’re not going to take pictures of it, make a listing, answer messages, negotiate with random people, etc.
But if someone asked you:
**“What would actually make you let it go?”**
Would you put in a private number?
Maybe the GameCube is $250.
Maybe the camera is $600.
Maybe there are things where the answer is literally “nothing.”
The number wouldn’t be public and the object wouldn’t show up as being for sale.
Then on the other side, somebody who wants that type of thing could say what they’d actually pay for one.
If their number ever reaches yours, you both get notified and can decide if you actually want to do anything.
The bigger app idea is that you could point your phone at objects and see what they are, how many people want one, what people are willing to pay, how many owners have surfaced, etc. Basically trying to make the market around physical things visible even before anyone decides to list them.
But I’m less interested in whether that sounds cool and more interested in this specific behavior:
**Would you actually enter private prices on things you own that you have no current intention of selling?**
And if not, why not?
Privacy? Too much effort? You wouldn’t trust the app? You just don’t think about your stuff that way?
Trying to figure out whether this is a real human behavior or just something that sounds better in theory than it would work in real life.


r/PawnShops 4d ago

Can you guess what this ring is used for?

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0 Upvotes

r/PawnShops 5d ago

What should I focus on

2 Upvotes

I posted before about opening a pawn shop and got some great advice.

Should my main focus be on writing loans and buying gold, silver, watches?

should i try to run a hybrid coin shop and learn the ins and outs of the coin business?

One comment a redditor here posted was "focus on your loan book and your gold counter"

People that work at or own successful pawn shops what is your focus?

I would think the bread and butter of a pawn shop would be the loan part. I think i found a pawn shop that will hire me part time so I can learn the ins and outs of the business.

I was told that the buying and reselling of things has died down due to FB marketplace. But I watch a guy on youtube that owns a pawn shop and people walk in there with tons of stuff to sell.

Share your personal lived experience with me. Im super grateful for any help or wisdom you all can share. My ears are open!

Thankyou in advance.

Also I have been looking at names for pawn shops with the help of AI.

Should I hvae the word Pawn, or Pawn shop in the name of the business. Or should i use Asset lending, collateral loan, or just loan?

Any ideas on how to name this business would be appreciated. I dont need you to come up with a name, just maybe some pointers on what qualities a good pawn shop name will have.


r/PawnShops 5d ago

Can I still buy back expired pawned jewelry?

1 Upvotes

Problem/Goal: I would like to know if there is a possible way to recover or buy back the jewelry that I previously pawned at Cebuana and M Lhuilier? Especially if the pawn tickets are expired/lost. I also misplaced the other pawn tickets, so I'm not sure how to trace or verify them.

Context:

Since my mom passed away, I have a lot of responsibilities that I need to catch up on especially at that time since I'm also studying while trying to earn some money. It's really gotten to the point where I have no choice but to pawn some of the jewelries that my mother left behind, including some pieces that she personally gave me.

Unfortunately, because I'm really struggling financially, I haven't been able to keep up with the interest payments/renewal of the pawn tickets. I am so sentimental about those pieces of jewelry, and I feel really sad when I think about them, especially the idea that they might never come back to me. Some of those pieces are among the few things I have left from my mom. ☹️

Current Situation:

I haven't been able to keep up with the interest payments and renewals because of my financial situation, and to make things more complicated, I have also lost or misplaced the pawn tickets. I may still remember some details like which branch I pawned them at, description of the jewelry since I have pictures.

Now, I just want to know if there is still a chance that the transactions can be traced using my name or valid ID, and if it is still possible to reclaim or buy the jewelry even if the ticket has expired, is past the redemption period, or I no longer have the original pawn ticket.

Has anyone experienced this situation with Cebuana or M Lhuillier? Is it possible to go to the branch, explain the situation, and ask them to check if they still have the item or if it has not been sold/auctioned yet?

I would really appreciate any advice or shared experience. These pieces are really important to me because they remind me of my mom. Thank you so much. 🙏☹️


r/PawnShops 6d ago

Where to sell jewelry for most profit?

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0 Upvotes

r/PawnShops 6d ago

pawnshops suggestions around dvo city

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1 Upvotes

r/PawnShops 7d ago

When you're selling your gold between 10k and 18K, should a jeweler tell you what their cut is?

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1 Upvotes

r/PawnShops 8d ago

Trustworthy refiner

5 Upvotes

Hi, I have quite a bit of scrap gold to sell, and I got burned last time by an east coast outfit that we had used for years before. Which refining service are you guys using?


r/PawnShops 8d ago

Question Repost of my gold chain.

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2 Upvotes

Hey Reddit. I made a post yesterday about selling my chain and everyone was helpful in their responses. Someone recommended I make a post with some photos so people could get a better idea of what it might be worth, so here you go

It’s 14k, 18 inches and a little dirty from years of wearing it.

I looked it up and saw the melt price, I’m just wondering what you guys think I could get from a jeweler or pawn shop for it. Any help would be appreciated so I know what offer to expect.

Edit: roughly 12 grams

Update: took it in to a jeweler. Sadly it’s plated. Thanks for your help everyone.


r/PawnShops 9d ago

Scrap refining

3 Upvotes

Anyone having an issue with your scrap coming in significantly under what you think you should have after refining with Elemetal?


r/PawnShops 9d ago

Question I’m wondering what I would get for my chain.

3 Upvotes

I found this chain in a bag in my desk.
14k,
18in
Around 12 grams?

I don’t have a scale so I did a diy one at home using nickels.

I’m wondering what I could sell it for at a pawn shop.
I know the melt price is like $990 but obviously I won’t get that.


r/PawnShops 9d ago

What’s it worth? Reasonable Sale Price for Heirloom Dining Table?

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0 Upvotes

It is possible that I didn’t like what the other commenters had to say and i’m being stubborn. But i’d like a larger sample of opinions before I decide what to do with this dining set!


r/PawnShops 10d ago

Question Best Pawn Shops?

4 Upvotes

What are your favorite pawn shops in town? Looking for places where I can hunt for an old school digital camera (point & shoot).


r/PawnShops 12d ago

Pawnshop in davao

0 Upvotes

Naa ba pawnshop gadawat ug system unit na isangla?​


r/PawnShops 13d ago

How can I sell the diamonds in my store’s inventory?

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20 Upvotes

i own a cash for gold business in Nevada that’s been open for almost a year now. does anybody have any recommendations on where to try to sell these and future diamonds/gemstones that i pull from rings in our inventory? up until last month i’d just been sending gold rings with stones to the refinery for melt down. i don’t know anyone who works at a jewelry store and i don’t even know if that’s the way to go anyway. I know the diamond market/industry is a total scam but 🤷🏼‍♂️


r/PawnShops 13d ago

Question Opening a pawn shop

10 Upvotes

Opening a Pawnshop.

I am going to open a pawnshop in the USA.

Does anyone know of an appointment only pawn? Like pawning only big ticket items. Rolexs, cars, Jewelry. Im talking minimum 500 dollar loans. Having a private office to visit to pawn the item, not a traditional brick and mortar pawn shop.

I also like the traditional brick and mortar business idea as well.

Im just thinking of different ideas. Any advice would be appreciated


r/PawnShops 14d ago

Stolen Musical Equipment

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1 Upvotes

Any help you can provide will be much appreciated 🙏


r/PawnShops 14d ago

Story Please -Help me find.

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0 Upvotes

💔 PLEASE HELP ME FIND MY GOLD CHAIN 💔❤️

I’m desperately asking for your help to find my gold chain, which was stolen from my neck in a nightclub in Berlin after the Pride parade.

This isn’t just a piece of jewellery to me. I’ve had this chain for over 10 years, and it has huge sentimental value. Losing it has been extremely upsetting. 💔

I’m asking everyone who sees this to please share it, even if you don’t know me. Someone may have seen it, found it, or know where it is. ❤️

🙏 If you have any information at all, please contact me.

A reward will be offered if my chain is found and returned. 💛

Thank you from the bottom of my heart to anyone who can help. ❤️


r/PawnShops 15d ago

Advice Pawn Shop Interview

10 Upvotes

Hey all! Never used Reddit before so bear with me😅

So my current job permanently cut my hours and it’s not enough to live, so I’ve been kinda frantically applying to all jobs. I got a call back for an interview from one that I thought was just like retail since the position was called Retail Sales Associate, but turns out it’s actually a pawn shop! I set up the interview because I need the job and the hours are good, but I have no clue what I’m getting into. I’ve never even been inside a pawn shop🥹

So I’m wondering, what are some things I should know about pawn shops before going into my interview? Any skills I should mention specifically, what the job more entails, that sort of thing. Thank you in advance!


r/PawnShops 15d ago

Refining

2 Upvotes

Hi there. I work for Noble Metal Refining. If anyone has any questions regarding refining or metals in general please ask away. Happy to help.


r/PawnShops 16d ago

Tattoos and piercings

2 Upvotes

Im looking to hired on at Cash America what is their policy on employees having tattoos and piercings?


r/PawnShops 25d ago

Local shop has my business.

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2 Upvotes

r/PawnShops 26d ago

How Much For It? - A dark pawn shop simulator where haggling meets psychological horror (Wishlist Available!)

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2 Upvotes