WHY YOU SHOULD PURCHASE JEWELRY FROM PAWN SHOPS

There are successful television shows dedicated to the success of the pawn industry. Pawn shops are well known for selling valuable, jewelry in particular. If you are looking for a special piece for yourself or a loved one, a pawn shop is a great place to begin.

Because of a lack of knowledge or experience about the pawn shop industry, many people are unsure if buying a valuable item from pawn is a good idea.

You can benefit from making a jewelry purchase from a pawn shop as long as you are aware of how they work. If you are unsure about whether or not you want to purchase your jewelry items from a pawn shop, the following information will help you make a smart, safe decision.

One of the most interesting things about shopping at a pawn shop is the different selection of items you will find. You can visit different days of the week and typically find different pieces each time you visit the shop. Pawn shops sell all types of jewelry at various value points. You may find a rare diamond brooch one day and a set of platinum hoops the next.

If you are searching for a gift near a major holiday, such as Christmas, Valentine's Day, or Mother's Day, be sure to shop early. One thing about pawn shops is they do not maintain a cyclical inventory. If you have your heart set on a specific piece, you should buy it before someone beats you to it.

Pawn shops often get a bad reputation due to some less than ideal practices that used to be more prevalent in the industry. Thanks to an evolution in how pawn shops operate, you can feel confident the items you purchase are real and hold value.

Pawn shops have experts available to authenticate jewelry pieces to ensure they are made from real precious metals and gems. Some pawns shops provide product protection plans, just like you would find in a retail jewelry store.  

A retail store sells jewelry for a much higher markup than you will find in a pawn shop. Retail stores have a higher amount of overhead they must pay for, and they make the money on their sales. Since a retail jeweler only sells jewelry, they have to sell a certain amount to maintain a profitable business.

Pawn shops also have overhead to pay for, such as employees, rent or mortgage expenses on their building, inventory costs, and the like. However, pawn shops deal in all sorts of merchandise at a variety of price points. Therefore, a pawn shop is able to offer merchandise for more affordable prices than you would find in a jewelry store.

Another benefit is you have the ability to negotiate a price. If you have done research on a specific piece, take the information to the pawn shop and ask to negotiate the price.

You should never worry about purchasing quality items from a reputable business at a significant price decrease. You can shop confidently in knowing you will receive the same quality, if not better quality, jewelry from a pawn shop.

If you would like to know more about how pawn shops work or if you have any questions about our inventory, please give us a call at 2 J's Pawn & Gun. We have been a successful business for over 25 years. We offer loans for our merchandise if you need financial assistance and are happy to assist you with your purchase in any way.