Need Cash? Sell Gold or Silver Jewelry at a Macon Pawn Shop

by | May 21, 2020 | Pawn Shop

Everyone needs extra cash these days. People have learned the hard way that credit cards and home equity loans are expensive ways to get that money. Low and affordable interest rates can be raised to as much as 29.99% after a few missed credit card payments. Variable loan interest rates can escalate according to obscure terms buried in loan agreements. Out of frustration may residents have to turned to their local pawn shops to sell jewelry at a fair price in Derby, KS. People who have old jewelry that they never wear should take a good look at it when they need cash. A great aunt’s brooch that is never worn could be made of sterling silver or even platinum. Given today’s precious metals prices it could be a great way to help pay for a child’s braces. It would be a good idea to find out what precious metal jewelry is selling for. Before settling on one pawn shop or jewelry store, it’s a good idea to get several to appraise it and make an offer. Those offers may depend upon whether the owner is going to sell it for scrap or sell it as jewelry. A beautiful piece of vintage or antique jewelry might get a better price if the store owner believes they can sell it. It will also depend upon the store owners view of the scrap-metal market. If he thinks that prices will continue upward, then he’ll pay close to the going price for the metal that day. However, if he thinks the gold market is going to fall in the next few weeks, he’ll pay far less.

If the jewelry owner has a lot of earrings, necklaces and rings that could be sold, they have to consider whether they want to sell it immediately. Obviously if they need the cash, selling is a better alternative than an expensive payday loan. However, if they don’t have immediate cash needs, they may want to wait. This depends upon whether they feel the price of precious metals will increase. Today being a jewelry owner also means being part commodity investor.

Money Town Pawn Shop has been the premier pawn shop nearby to Derby, KS and will buy, sell, or trade your valuable items while making sure to give you the best possible deal. Stop in and visit them, if you are looking for the Pawn Shop near Derby, KS.

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