Whether you’re in need of quick cash or are looking to make a purchase, your local pawn shop is a good place to start. Particularly when it comes to getting cash for items, it’s important to know what pawnbrokers pay top dollar for. While it can vary depending on your area, there are a few items these establishments are always looking to buy and sell.

Popular Items to Buy From or Sell to a Pawnbroker

1. Precious Metals

Whether you have gold and silver coins or precious metals in some other form, like jewelry, these items are almost always among the most valuable at a pawn shop. They are easy to appraise and convert into cash, and they often steadily appreciate in value. This makes them a wise investment for a pawnbroker, and, thanks to third-party appraisals, you can feel confident you’re getting a fair price for your precious metals.

2. Firearms

Firearms in good condition can garner several hundred dollars in cash because of their popularity. Whether you’re willing to part ways with a handgun, a hunting rifle, or a shotgun, these items are quite popular among pawn shop customers, and, as a result, they are highly desirable. If you’re in the market for a gun, purchasing from a pawnbroker can result in significant savings over large retailers. 

3. Power Tools

New power tools are expensive, particularly for those who use them for hobbies and not for work. As a result, many people turn to their local pawn shops rather than buying them from a hardware store or online. Because these establishments are a popular place to buy used power tools, they’re also a great place to sell any you have that are just collecting dust.

4. Electronics

Pawnbrokers will buy items like smartphones and tablets, video game consoles, and the like, but you shouldn’t expect to get much cash for them, as their values depreciate sharply over a short period. Electronics are often a better deal for those looking to make a purchase and don’t mind not having the latest models. 

Having an estimated value of a particular item before going into a shop will ensure you get the most money possible. For quick cash or a quality piece of jewelry, turn to your local pawnbrokers at Coins & Stuff. Located in High Point, NC, and serving the Triad area for over 30 years, they should be your first stop when buying or selling gold or silver coins, jewelry, and other items. With an A+ rating from the Better Business Bureau®, you can feel confident you’re getting fair prices for your belongings. Go online to view their inventory, or call (336) 885-5323 to inquire further.