If you’re looking to pawn or sell, you may wonder what the 5 highest prices items are in a pawnshop. You’ve started looking through your things, and want to get as much as possible from your translation. To begin, there’s a basic rule we use in Cash Express: The greater the demand, the greater your return. Of course, the item itself must be evaluated for its retail value, too. 

Pawn or Buy?

Both pawning and buying get you quick cash. However, the foundation of the transaction is different. If you sell the item, it’s just like any other sale. But if you pawn your item, you get a percentage of its value and must pay back that money by a specific time.

We mention this because you could lose an item if you default on your pawn loan. With high-end items, that loss could be substantive. Similarly, even high-priced items at a pawn shop can have sentimental value. If you’re going to have regrets, pause and really think about this decision.

5 Highest Price Items in a Pawn Shop

The five highest-priced items in a pawn shop depend heavily on the storefront itself. Some stores specialize in things like antiques, for example. So, if you’ve got quality power tools, this probably isn’t the place to start. A little research into nearby stores will save you a ton of time.

If we take a broad overview of pawnshops, some trends appear in high-priced items, particularly those with provenance. 

1. Jewelry. Quality jewelry, rare pieces, and items heavy in precious gems or metals are likely to have a price tag that takes your breath away. Included in this category are pins, earrings, necklaces, bracelets, rings, filigree, statement pieces, and watches. One of the great things about jewelry is that distinct pieces rarely lose value, particularly if the item is in excellent condition. 

2. Gems: Gems outside of jewelry also have significant value. They are like the jewelry category in maintaining value. Some of the most precious stones in the world include

• Alexandrite

• Black opal

• Emerald

• Jadeite 

• Pearl

• Red Beryl 

• Red, pink, or blue diamonds

• Ruby

• Sapphire

• Tanzanite

The only problem for pawnshop owners is that high-priced items take longer to sell unless they have a specific focus market.

3. Firearms: Among the high-priced items in a pawnshop you will find firearms. Several types are highly collectible, including rare and limited edition guns. 

4. Vehicles: Boats, collectors of cars (Ferrari), trucks (Hummer), antique bikes (Schwinn Great Ghost,) mountain bikes (Canyon line) - these all are of interest to pawn shops, provided they have room. 

5. Rare Coins: Do you have a coin collection? Perhaps a jar full of change? Some of those coins could be valuable. Coins are usually made from precious metals, and some have historical value (or they are rare). 

Check-in With Cash Express

Whether you’re buying or selling, we can help you with high-priced items. If you’re shopping, you’ll find reasonable prices. We are experts in antiques, diamonds, jewelry, watches, and much more. 

You can use our online contact form, email us at info@pawnphiladephia.com, or call our office at 215-922-1560