You’re strapped for cash, and you’re not sure what to do.
Should you get a second job? Should you find more ways to cut back on your spending? Should you borrow some money from a friend?
While all of these are realistic solutions to your problem, they’re not exactly easy. Finding a second job takes time. Cutting spending can be really difficult, especially if you’re already on a tight budget. And borrowing money from a friend or relative can be somewhat awkward.
So, what should you do?
We suggest you try pawning. But, what if you don’t know how to pawn items?
Don’t sweat it. You don’t need to be a pro to pawn, but, there are some tricks of the trade that will help you get a great deal on your things.
Read this guide to learn how to pawn items for cash in San Diego, California.
Choose Your Items Carefully
When pawning your items for cash, you need to make sure you pick the right ones. You may think that your vintage jacket from the ’70s is pretty awesome, but there’s a good chance that your local pawn shop doesn’t feel the same way.
Here are some of the most lucrative items to pawn:
Gold, platinum, and silver are by far the easiest items to pawn for cash. This is because they appreciate over time and they’re not easily converted into cash. Plus, they are heavily monitored by appraisers, which makes them very easy to appraise in real-time.
Pawnbrokers consider jewelry to be an extremely safe bet. Because think about it- who doesn’t own a piece of jewelry? While jewelry may not be as liquid as precious metals, it still has a very high demand. In fact, many people prefer pawn shops over jewelry stores when it comes to purchasing their items.
Diamonds and Gems
Diamonds aren’t just a girl’s best friend; they’re also a pawnbroker’s. Diamonds and gems are extremely scarce and in high demand.
You never have to worry about a factory mass-producing diamonds, which makes them an ideal item for pawnbrokers.
In addition to these items, other lucrative items include:
- Power tools
- Video games and consoles
Bring these items in, and you’ll be sure to come out with a good amount of cash.
Choose the Right Pawnbroker
Once you have your items together, it’s time to choose a pawnbroker.
There are many pawnbrokers in the San Diego area, and they’re not all of the same quality. Be sure to ask around and read reviews online to find a reputable pawnbroker.
And, keep in mind that some pawnbrokers specialize in certain items. So, if you’re looking to pawn one particular item, then a specialty pawnbroker may be your best bet.
Don’t Be Afraid to Haggle
While it’s often the case that the first price a pawnbroker offers is the maximum they are willing to pay, and some even have a no-haggle policy, this isn’t always the case.
Even if your haggling skills aren’t great, it never hurts to ask if they’re willing to buy your item for a higher price.
How to Pawn Items: Are You Ready?
Now that you know how to pawn items, it’s time to head to your local San Diego pawn shop.
If you have any questions about pawning items for cash, let us know in the comments below.
Also, if you don’t want to pound the pavement to find a pawn shop, click here to sell your items online.