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Like with car sales, jewelry sold by individuals can cost less than jewelry sold by large dealers. This means that people who shop for jewelry at pawnshops can save a lot of money and end up with some pretty rare, relatively affordable antiques. Knowing how to shop for jewelry at pawn shops will help you get the best deal and best quality product for your money.
Buy from a Pawnshop that Specializes in Jewelry
Different pawnshops can specialize in different types of items. Buying from a pawnshop that specializes in jewelry will help ensure that the pawn dealer who bought the piece knew how to buy quality jewelry and how to price it appropriately. Pawnshops that specialize in jewelry will also have the greatest selections, so you'll be more likely to find what you're looking for.
Haggle and Be Prepared to Walk Away
One of the first rules of buying jewelry from pawnshops is be prepared to haggle. If you can't get the deal you're looking for, be prepared to go somewhere else. Pawnshops are often dispersed throughout metropolitan areas and when one fails to produce a deal, another one can step in. It helps to have an established price point when you walk in. If you can't fall below that price point, then you can save your money and go elsewhere.
Bring a Quality Piece of Jewelry for Comparison
If you're looking for a type of gemstone, it helps to bring with a quality gemstone of that type. When you hold the quality gemstone up to the gemstone you're thinking about purchasing, you'll be able to see differences in color and clarity. This can help you determine whether or not the piece of jewelry you want to buy is a good deal and whether or not the quality is sound.
Have it Appraised
Have the piece that you're interested in separately appraised. Don't rely on the appraiser supplied by the pawnshop. Even if the pawnshop's appraiser is a trustworthy person, the conflict of interest is too great to be ignored.
One more piece of advice: before you actually start shopping for pawn shop jewelry, visit several pawn shops such as Danny's Pawn Shop in your local area. This will help you decide which shops are your favorites and which ones seem to offer the best merchandise. Once you've seen several pawnshops, it will be easier to decide which stores to visit first when you go shopping for pawnshop jewelry.