In 2016, sales from jewelry stores in the USA totaled more than $30 billion.
That works out at an average of just less than $100 spent by every person in the country.
Part of the reason that the jewelry market is so huge is that the prices are so high. Americans spend more than $6000 on average when buying an engagement ring.
For many of us, spending those kinds of prices on jewelry is just not possible. But it is still possible to find high-quality jewelry at affordable prices if you are willing to buy second hand.
Read on to learn more in our ultimate guide to buying jewelry from a pawn shop in Fresno.
Do Your Research
If you’re buying an engagement ring at a pawn shop, you want to be sure you’re not being ripped off.
Do some research on the article you’re looking to buy. Research pawn shop jewelry prices, as well as the price to buy brand new. Go into jewelry stores and take a look at items similar to what you want to buy. Feel the weight, and examine the stones.
That way you’ll know if the items you see in a pawn shop are the real deal or not.
Trade in for Savings
A great way to save a bit of money on your pawn shop jewelry is to trade something in.
If you’ve got any unwanted jewelry around, offer that to the pawnbroker as part payment for the item you want. You’d be amazed how some of your old jewelry can soon add up.
And you can finally get rid of that hideous necklace from Great Aunt Betty.
Negotiate a Price
If you try and haggle in a jewelry store, you’ll probably be laughed out of the door.
But pawn shops are a different ball game. If you are confident and appear to know what you’re talking about, you can often get a reduction in the ticket price. If you’ve done your research you can haggle from a position of strength.
And the old line about having seen a similar item for less in another pawn shop is always worth a try.
If the pawnbroker won’t meet you at a price you think is fair, walk away.
There is plenty of other pawn shop jewelry for sale in your local area. The more you shop around, the more you’ll learn to spot a real bargain. It will also put you in a much better position when it comes to haggling.
And don’t forget, your dream piece of jewelry might be in the next pawn shop you visit.
Test the Merchandise
If you’re spending all this money, you want to be sure what you’re getting is the real deal.
As well as checking the weight and the stone to see if it matches the jewelry that you’ve been looking at during your research, there is another thing you should try. Give the stone a scratch with your nail. If you can leave a mark, walk away. True gemstones are far too hard for you to damage like that.
Only make the purchase when you’re sure what you’re buying is genuine.
Need Help Buying Jewelry from a Pawn Shop?
Buying a piece of jewelry is a big purchase and you want to be sure you’re making the right decision.
That’s why we’re here to help. We have more great articles about buying jewelry from a pawn shop as well as great advice for sellers too.
And if shlepping around Fresno pawn shops seems like a lot of effort, why not search your local pawn shops direct from our site?