r/PawnShops

Hi, I have quite a bit of scrap gold to sell, and I got burned last time by an east coast outfit that we had used for years before. Which refining service are you guys using?

An older gentleman that has sold about 5 1 ozt American gold eagles to us in the past 3 months called today wanting to buy $7,000 worth of gold on a credit card and sell it back to us at 90% for cash he was also very insistent that no one find out about I told him that we couldn’t do it on credit but we could do it on debit and he didn’t want to do it anymore. Then 15 minutes later he called back saying he found a shop that will sell him $7k worth of gold on credit and that he’ll be in tomorrow to sell it for cash. I personally just feel so iffy from the situation that I just don’t even want the $650. What would you do?

I found this chain in a bag in my desk.
14k,
18in
Around 12 grams?

I don’t have a scale so I did a diy one at home using nickels.

I’m wondering what I could sell it for at a pawn shop.
I know the melt price is like $990 but obviously I won’t get that.

Anyone having an issue with your scrap coming in significantly under what you think you should have after refining with Elemetal?

Questions about appraising jewelry

So, in the past 2 years or so I’ve started basically running my family’s pawnshop. I absolutely adore the business but I would like to expand our jewelry more. I have buying scrap gold etc down to a science and I can almost estimate prices on some larger diamond rings. My question is right now if someone has a really special ring I know is worth much more than gold value I’d like to be able to give them a more fair price. Also it would greatly help me in pricing my jewelry where/how would be a good place to learn to appraise jewelry I struggle with gem stones and estimating the karat weight and quality of diamonds/gem stones. This may be a waste of time but out of all the items we do I’ve absolutely fell in love with jewelry I’ve learned so so much in a short period of time. I’m blessed to have some great mentors but for the most part it’s just me trying to figure all this out. The pawn business can be very overwhelming lol. I’ve expanded the business a great bit in these short 2 years we’ve been open since 1999 but there’s so much I’ve yet to tap into. Such as online sales opening my options to more items etc etc but jewelry is something I would love to shift some of my focus towards. Sorry for the bad grammar and rambling any advice would be greatly appreciated. ❤️

What are your favorite pawn shops in town? Looking for places where I can hunt for an old school digital camera (point & shoot).

Opening a Pawnshop.

I am going to open a pawnshop in the USA.

Does anyone know of an appointment only pawn? Like pawning only big ticket items. Rolexs, cars, Jewelry. Im talking minimum 500 dollar loans. Having a private office to visit to pawn the item, not a traditional brick and mortar pawn shop.

I also like the traditional brick and mortar business idea as well.

Im just thinking of different ideas. Any advice would be appreciated

Thousands of pounds worth of musical equipment was stolen from my bandmates and I at a service station just outside London when we were on our way home after playing a gig in Camden. We have contacted Cash Converters and Cash Generator and asked them to share the information with their stores.

Are there any other pawn shop / second hand shop chains in London (and surrounding areas) where the thieves might take it, that we should contact?

We are all devastated and any help or advice would be very much appreciated. Thank you in advance 🙏

Hey all! Never used Reddit before so bear with me😅

So my current job permanently cut my hours and it’s not enough to live, so I’ve been kinda frantically applying to all jobs. I got a call back for an interview from one that I thought was just like retail since the position was called Retail Sales Associate, but turns out it’s actually a pawn shop! I set up the interview because I need the job and the hours are good, but I have no clue what I’m getting into. I’ve never even been inside a pawn shop🥹

So I’m wondering, what are some things I should know about pawn shops before going into my interview? Any skills I should mention specifically, what the job more entails, that sort of thing. Thank you in advance!

Hi there. I work for Noble Metal Refining. If anyone has any questions regarding refining or metals in general please ask away. Happy to help.

Im looking to hired on at Cash America what is their policy on employees having tattoos and piercings?