The Best Pawn Shops

A favorite among New Yorkers, Manhattan’s 24-Hour Pawn Shop specializes in gold jewelry, rare coins, antiques and more. The staff is well-versed in the value of these items, and customers have praised them for their friendly customer service.

The best pawn stores can buy or sell just about anything, but some items are better than others. Gently used electronics, like TVs and video game consoles, tend to fetch a good price. Coins are another popular item to pawn, but their value varies significantly depending on the type, condition and year of issue. For example, a 1964 Kennedy half dollar is worth around $10, but a 1913 Liberty Head V Nickel is valued at over $3 million. Before you bring your collection to a pawnshop, check values on WorthPoint or eBay before heading in.

Trusted Pawn Shops: How to Choose the Right One

Other good items to pawn are musical instruments, power tools and jewelry. Some pawnshops also specialize in certain types of collectibles, such as vintage band T-shirts and royal memorabilia.

One pro to pawning is that it helps reduce the amount of waste that goes into our landfills and conserves resources for manufacturing new items. On the downside, the average loan at a pawnshop lasts 30 days, and if you’re not able to pay back the amount owed, you will lose your item.

If you have a watch to sell, head over to East Village Buyers in New York City. This pawn shop is renowned for buying and selling high-end watches, but customers rave about its helpful staff and fair prices.