February 19, 2020 - Equipment and Tools
If you’re ready to part ways with your musical instrument for cash, we are here to save the day.
Not only will we tell you the minimum, maximum and average amount pawn shops pay for flutes, we will give you tips for pawning or selling your instrument. You might decide to skip over these tips. However, we highly suggest you take a couple minutes to read them.
When you pawn or sell your flute, there are small preparation steps you can take to get more cash for your flute—and we’ll let you in on these. Not only that, but we will tell you about how to use PawnGuru, which will allow you to start the pawning or selling process online, saving you tons of time (and getting you more cash in hand).
Continue reading to learn how much pawn shops pay for flutes and to get the most cash possible for your flute in the least amount of time.
The data below shows you how much pawn shops pay for flutes based on real data we gathered at PawnGuru. This is data that we gathered over the course of the last year or so. It’s from real offers that were made by pawn shops to folks who used PawnGuru to pawn or sell flutes.
Here’s the minimum, maximum and average amount pawn shops give for flutes based on PawnGuru data:
The difference between the minimum and maximum offer is so large due to the fact that there are many different brands and types of flutes pawned, and at many different pawn shops. This is why it’s so important to make sure you gather as many offers as possible from multiple nearby pawn shops in your area.
Read below for more factors that will influence how much pawn shops will give for your flute.
It’s important to note that the pawn value of a flute can vary depending on if it’s a student flute or professional flute. Student flutes typically are less expensive and not as specially crafted as professional flutes.
Student flutes might be made out of cheaper metals that don’t hold much market value, and they typically won’t have all the bells and whistles of more professional flutes.
Professional flutes are often made out of silver, gold or platinum alloy. This means the metals they are made of can actually hold significant value and are traded on the open market daily.
The purer the precious metal is, the higher the value of the flute. For instance, if your flute is made of pure sterling silver versus nickel silver, the difference in value is going to be very significant since there is no real silver in the latter.
If you’re pawning a professional flute, check out the current market value of precious metals to see if it’s a good time to sell or pawn your professional flute.
Before you pawn or sell your flute for cash, do your research on high-end flute brands versus lower-end ones. Make sure you know where your flute brand stands on the spectrum of quality and rarity.
Some examples of high-end flute brands are listed below:
If your flute is rare, vintage or is tied to a special historical narrative such as a famous previous owner, you’re in luck. These flutes should sell or pawn for significantly higher value. If this is the case, take the aforementioned pawn values with a grain of salt.
If no one has pawned or sold a flute as rare as yours through PawnGuru, your flute’s pawn value could be significantly higher than what we outlined above.
Now that you know the pawn value of flutes, we will get to the part where we tell you how to do that using PawnGuru. But first, let us cover a few other things you need to know to get the most value out of your flute.
If you are the owner of a damaged or broken flute, it’s important that you take mental notes of what exactly is wrong with your wind instrument. Ask yourself these questions before you start the process of pawning or selling your flute:
Take note of the answers and keep them in mind before you start communicating with pawn shops. This will set your expectations straight and will give you more power in the negotiating process.
To pawn or sell your flute effectively, use PawnGuru. Here’s why you should.
Now that you know how much pawn shops pay for flutes and what you need to research before bringing your flute to a pawn shop, you can rest assured you’re going to get the best offer possible.
David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.More Articles