Because many of the people never pick up the items they pawn, a pawnshop is a consumer store as much as it is a lending institution. People also come in and sell used items outright to the pawnshop.
This makes any pawnshop a huge, daily garage sale! Some of the things you typically find in a pawnshop include:
- Lawn equipment
- Sporting goods
- Musical instruments
According to Ausley, "a pawnshop is a great place to buy jewelry!" You generally pay about half the retail value. Worried about authenticity? Bring an appraiser with you. Since jewelry is often the most valuable thing a person owns, it is one of the most commonly pawned items.
You will also find random things you might not expect to see at a pawnshop -- saddles, for example. And wheel chairs, motorcycle leather, bicycles...
Often, a pawnshop has a specialty, and the shop sells new merchandise in that area. For example, Rick's Music & Pawn sells both new and used instruments, speakers and other music-oriented items.
Anything of value that you can find at a garage sale is probably for sale at a pawnshop near you. Be sure to haggle!
For more information on pawnshops and related topics, check out the links on the next page.