Whether you’ve seen the show Pawn Stars or just admire those flashy rings that pop up on social media, it’s no secret that many people buy jewelry at a local pawn shop. While it’s a popular choice for those in need of quick access to cash, the truth is that there are far more lucrative ways to sell jewelry than going through a pawn shop.

A pawn shop jewelry online business model is designed to maximize profits by buying valuable items at deeply discounted rates and selling them for a profit at later dates. This often leaves sellers with only about thirty to sixty percent of what an item is actually worth, depending on the store’s overhead costs and current resale market conditions.

Pawn Shop Jewelry Online: Safe and Convenient

Unlike traditional jewelry stores, pawn shops specialize in this type of inventory. As a result, they can offer more accurate appraisals and price structures. They also have the advantage of being able to offer more precise discounts and promotions. Lastly, they are often better equipped to deal with the unique challenges of reselling jewelry such as identifying and pricing quality stones and metals.

In addition, pawn shops often have an eclectic range of inventory that can provide you with pieces that are difficult to find at other types of outlets. This can give your jewelry collection a unique and individual flair that will set you apart from the crowd. Additionally, when you choose to purchase pre-loved jewelry, you are contributing to a more sustainable form of business that reduces the demand for new pieces and lowers the environmental impact of the mining and production processes.