Should You Pawn or Sell Your Fur Coat?

January 20, 2020 - Clothing, Accessories and Handbags

Do you have an old fur coat or two taking up space in your closet?

Is it time to pare down your possessions before a move or because you’ve got too much stuff?

Fur coats used to be a valuable item to own, and people could fetch a pretty penny for furs they didn’t want. In the past few decades, however, furs have become controversial which has altered the resale landscape. Rather than selling furs yourself, it makes more sense to look into pawn shops that buy fur coats.

How to Find Pawn Shops That Buy Fur Coats

Naturally, the most convenient way to sell a fur coat to a pawn shop is to do so in person. You may want to call local pawn shops first to ask if they accept furs. Don’t forget to ask if there is a particular day and time they’d prefer you to bring your fur in for appraisal.

However, in today’s internet-dependent world, it’s not uncommon for people to use pawn shops that aren’t located in their area. For unusual items like furs, it is worth your while to do a little research online. Take the time to scope out possible pawn shops that might give you a great price for that vintage mink stole.

How Do Pawn Shops Work?

You have two options when it comes to pawning an item, whether it’s jewelry, firearms, electronic equipment, or a fur coat. First, there’s pawning First, there’s pawning. When you pawn an item, you’re getting a loan; the item you are pawning serves as the collateral. When you bring back the money and interest, you get your item back.

There’s also the option of selling your goods outright to the pawn shop. You may receive less money if you take this route, depending on whether the pawn shop owner feels he can sell the item. However, it’s cash in hand. If you don’t care about the item in question, selling outright can be a good choice to make.

Is a Pawn Shop a Better Option for Furs?

The short answer is yes. When you sell your fur garments to a pawn shop, you don’t have to worry about pricing it for resale, as you would with eBay or another DIY sales approach. If your fur has sentimental value and you’d like it back, then pawn it. Otherwise, find pawn shops that buy fur coats outright.

In Closing

Dealing with pawn shops that buy fur coats is a painless, profitable way to get rid of fur that you don’t like, never wear, or aren’t comfortable owning. It’s a better option than an online auction or consignment shop. And you’ll walk away with cash in your pocket — cash you can spend however you like!

Interested in pawning an item, or want more info on how pawn shops work? Check out other articles on our blog!

David Stiebel
David Stiebel

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.

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Comments

Avatar for Rileigh

Rileigh

October 31, 2018, 11:31 PM

Thanks for coinnrbutitg. It’s helped me understand the issues.

Avatar for Susie Parker

Susie Parker

October 8, 2019, 4:16 PM

I have a beautiful white fur coat that I was going to give my 18 yr. Grand daughter…..No way she said….can I sell or pawn today?

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