The most common question we get when someone calls our pawn shop is: “How much will you pay for my item?” The answer we always give is that they need to come in to get a quote. You might not like this answer but there is a good reason for it – we take numerous factors into consideration when we determine what we can offer you. Keep reading to learn what those factors are and then contact South Bay Jewelry & Loan at (310) 371-4571 with any questions.
The Condition of Your Item
No matter if you are bringing us a luxury watch, a bike, a camera, a designer handbag, the first thing we are going to look at is the condition of the item. We will look for scratches, flaws, and damage. If there are any accessories, we will look at those as well. Just because your item has damage does not automatically mean we will not buy it, but the price will be lower.
The Interest in Your Item
If your item is relatively easy to sell then you can expect more for it. For example, living in Southern California you would have a harder time selling a heavy-duty winter coat than you would if you were living in Iowa. Likewise, you would likely get more for a surfboard in California than you would in Iowa. Unless your item is easy to ship so that we can sell it online, we will consider how appropriate your item is for your location and our clientele.
How Relevant Your Item Is
There are some items that do not generally get outdated. Examples include gold coins, luxury watches, and jewelry. However, other items can get out of style or become obsolete over time. If you are selling a five-year-old computer, you are likely to get less for it then one that was purchased last year. This is true of any video game machines you sell too – unless they are so old that they have become popular as rare vintage items.
The Price We Can Likely Get for Your Item
Finally, once we have taken the above into consideration, we will come up with a price that we will be able to list the item for. Your offer will be lower than that. Why? Because we are a business and there must be a profit in it for us or we would not be in business for long. The advantage of working with a pawnbroker over selling it for more to a private seller is that you can walk into and walk out with instant cash in your hand.
If you have something you want to pawn, you can call South Bay Jewelry & Loan at (310) 371-4571 to find out if it is the type of item we are likely to buy, then stop by to get your quote.
