Pawnshops often make money by selling a customer’s jewelry item for less than it is worth. The pawnbroker then charges an interest fee to cover his or her losses, and the jewelry is reclaimed only if the customer returns it before the agreed-upon date. In most cases, this isn’t an option for expensive gold and diamond jewelry items, since it won’t recoup the costs of the loan.

Jewelry enthusiasts looking to add a piece with history to their collection can find many options at pawn shops, including vintage rings and necklaces that may feature gemstones that reflect the style of specific time periods or renowned designers. By identifying these distinct characteristics, jewelry buyers can unearth items that are not only beautiful but also hold hidden value.

For those seeking an alternative to retail stores, Best pawn jewelry deals are known to carry an array of men’s luxury watches at much lower prices. These pieces boast prestigious brand recognition that allows owners to enjoy a high-end watch at a fraction of the price of their retail counterparts. Additionally, pawnshops are usually open to haggling on the prices of their merchandise, so shoppers can potentially negotiate for better deals.

Best Pawn Shops: Top-Rated Stores for Buying & Selling

This shop is one of the best in town for selling, pawning and buying valuable jewelry, electronics and collectibles like coins and antiques. The staff is professional, knowledgeable and helpful in making a quick transaction. The store has a full-service coin shop and offers a secure vault for the storage of customers’ items.