If you’re in need of some quick cash and have some high-end, quality handbags that you aren’t using anymore, you may be in luck. You can pawn or sell designer handbags for quite a decent amount of money. Here’s what you’ll need to know:

Remove all your items out of the used bag, and clean it as well as you can. Look for all of your authentication records as well as receipts and paperwork.

Make sure to wipe away any dirt or scuffs from the outside of the handbag. Designer handbags need to be particularly handled with care as the leather or suede can be damaged by strong solutions that are not meant for those materials. 

Also make sure to clean the inside if you bag as well as possible, including inside the pockets and all the zippers. Try to remove all makeup marks, crumbs, pen marks, and any stains other stains and buildup that might have occurred during the bags usage.

When you first bought your handbag, you should have also received some paperwork, card or some sort of certificate of authenticity. Be sure to bring this with you to the pawn shop to prove authenticity. 

If you truly cannot find your documents, look for the receipt. It may or may not work, but it is the next best thing. Not having your authenticity records will mean that the buyer will need to more carefully inspect your designer handbag, which may take a lot more time. If you can find proof, it will save you time and may even possibly earn you more money.

Where to Sell

People resell designer handbags online, at retail reseller stores and on many other platforms and services. If you want fast cash as soon as possible, head down to your local pawn shop and increase the likelihood of earning more money by preparing your designer bag for selling.

Are you looking to pawn your handbags? Get in touch with East Village Buyers! We provide a fair value along with quick & easy money - come to visit today!

New phones come out every year. If you’re saving up for a new one this year, it might be time you pawn your old ones away. In this article, we’ll detail exactly how a pawnbroker determines and evaluates the price, along with what you can do to increase the final price.

First off, the pawnshop broker will evaluate the model and the production year of the iPhone you’re pawning. Some phone models are highly sought after, as they might be a staple model of a specific brand, or it might be known in the industry as “the best one of the xxx era”. Some pawn shops are more willing to buy older phone models than others, as they might have a better sales connection for them. Typically though, if your phone is any older than 2 years, it’s going to be very hard to sell. As a general rule, the newer the phone, the easier to sell.

Another major factor that will affect the sale price is the condition of the phone and its repair history. If the screen is broken and the battery has been replaced a few times, it’s safe to say that it’s not going to sell for a very good price. If you can do any minor fixes to your phone before you sell it, we recommend that you do it.

Some carriers will lock the phone to their service, meaning that either you have it unlocked, or it can’t be used with a sim card of another carrier. This will have a detrimental effect on the final price of the phone, so be mindful of that.

The 3 things that every pawn shop will check for is if the phone has ever been stolen, if the previous owner’s carrier account is still active, and if they owe any money to the carrier. If your phone passes these three checks, the phone will be much easier to sell.

The price of your phone will go up significantly if you have all the paperwork, the box in mint condition, and other accessories that come with the phone. You can sell your phone without these, but the price will be lower.

If your phone is iCloud-locked and you don’t have access to the credentials to unlock it, the value of your phone will drop massively, as the pawn shop will have to get it unlocked before they can sell it. Often times, this isn’t worth the effort for them and they will simply reject your offer.

Once everything checks out, the pawn shop will tell you what they can offer for your phone. Remember to do a little negotiation so that you get the most out of your product. And when the price is finalized, you can walk away happily with cash in hand!

Diamonds are truly loved among many, but some will only see them as a price tag. If you’ve done your homework, you can get quite a pretty penny from diamonds at the pawn shop. Here are some tips on how to earn the best money when pawning diamonds:

Do your research. It is very important that you know the processes that go into pawning an item as well as what the differences are and how the staff at pawn shops price various things. It is quite crucial to know how much diamonds are currently worth in terms of price and demand. A good way to research prices is to go to eBay or any other website to see how much people are bidding on items similar to yours. This will give you a ballpark of the costs and what you should expect from the pawn shop.

If you are selling because you need the cash, consider how much money you need currently and use that to determine what price you want and what you need to pawn to get that money. You should have a good idea of how much money you currently need and use that to decide how many of your assets you want to save and how many you need to sell now. You can save whatever diamonds you have left for future rebuttle.

You should know a little bit about the pawn shops in your area, and if you don’t you need to do your research. Not all pawn shops will except diamonds or jewelry so find out whether or not the ones that happen to be close to you do accept them. Also, make sure to call in and ask about their pricing methods because some shops will not price you correctly and it is important that you make sure they do. Try to read reviews from previous customers online to get a little bit of a better idea of what their services and options are. Make sure their customer service is professional because they will be the ones helping you through the process.

Once you’ve researched your diamond or other items as well as the pawn shop you want to go to, you are set to negotiate the right price for your items. You should try to seem confident when trying to sell your product and you should try to think of a strong pitch before going in. Speak to the pawnshop owner about the demand and resale value of your item as that is the main concern that they would have while buying it from you.

If you’re looking to sell rare coins, most pawn shops are not only happy to buy them or loan on rare coins but will also give you a great value. Pawn shops do a lot of business with precious metals and will check the scrap value of metals daily so that they can quickly and correctly identify value and price from the start. 

There should be a guide for especially valuable coins as well and the best advantage to dealing with a pawn shop when it comes to coins is that they recognize this and will accept giving out loans for these valuable coins. Sometime a coin is valuable because of an industrial mistake or special minting or if few of those coins have been made. Pawn shops are well aware of these values and will be happy to help out with any inquiries of these types of coins.

It’s important that you try to contact your local pawn shop and make sure you have what they’re looking for before taking your coins or collection in. Not every pawn shop wants to invest in coins. This is also to make sure that a pawn shop has people that specialize in coins in order to avoid misunderstandings of the price guide and it’s also just better to have someone who is familiar with the market helping you out as opposed to just some random staff. Even if they have to call an expert, it’s worth your time and money because not all pawn shops specialize in coins.

Some great deals can be made on coins, both buying, and selling, in a pawn shop. If you know what you’re looking for or have a good idea of what the value is of what you’re selling, then it is definitely recommended to call your pawn shop and see if they are interested in what you have to sell.

Before selling your rare coins, know the ins and outs of what pawn shops and collectors are looking for. You want your collection to look impressive. But some pawn shops don’t like clean coins, so do not clean them, but make sure to take care of your coins and protect them from scuffs. Maybe even go and get them graded to further help the broker come up with the best price possible.

If you’re not looking to start a collection out of these valuable coins, it might be better for you to just sell it. The best place to sell your rare coins is, of course, at a pawn shop. Rare and antique coins are actually one of the most commonly pawned items, and for good reason. There are a lot of demands and serious collectors are willing to pay big money for them.

American coins are made of different materials. The typical coins like quarters, nickels and pennies, are made of copper and nickel; materials which have low intrinsic values by themselves. However, some rare coin series or bullion coins are made of gold, silver palladium, or platinum. This fact alone makes some coin models more valuable than others. For example, the American Gold Coins and the U.S. Mint issued Commemorative Gold Coin have very high market value, especially if they are kept at mint condition.

If you’re looking to sell your coin collections or just have some coins in your home that you think might be of any value, it’s always a good idea to have them checked out. We understand that not everybody knows a lot about coins, and they can look unassuming. The most expensive coin in the world is still just a coin in most people’s eyes, so we suggest you work with a professional value assessor to know the true values.

Some pawn shows are more interested in coins than the others. If you try to push one that’s not that into coins, they might actually lower your sale price. So make sure you’re selling it to someone who will give you the highest value possible.

As we said, you need to check for the market value of your rare coin at the current condition first. Do some research and work with a professional collector before you talk to the pawn shop. This will ensure that you’re not being swindled into selling a pricey coin for cheap.

Some collectors prefer the aged appearance of an old coin, while others like them shiny and squeaky clean. Before you sell your coin, don’t try to clean it, as you don’t know who the buyer is going to be. Plus, if you’re not used to the process of cleaning old coins, you might end up damaging it, which will lower its value by a lot.

Now that you know what to do with your potential rare coins, it’s time for you to start doing some digging. Follow our quick guide to get the highest value possible for your coins.

Valuable possessions can often be exchanged to acquire a pawn loan.

While pawn shops are a great place to sell your items for cash, they can also be a good way to get some quick extra cash through a loan. All you need is something valuable — such as a laptop or piece of jewelry — that can be used as collateral.

Although pawn loans can be quite costly, an upside is that they often don’t require a credit or background check.

A pawn loan is when you exchange something valuable as collateral to borrow money in return. Typically, loans will be in small amounts, such as $150 or less but the borrower must return the principal plus interest, which can be as low as 10% or even higher than 200%, depending on the location and each individual shop.

Your items will be safe while your loan is still active, but if you fail to repay the money in time, your items may be kept or sold. As for all loans, it is crucial that you know the due date and amount needed in total. As long as you’re able to repay the money in time for the due date, a pawn loan could be a quick way to get cash without worrying about messing up your credit.

If you have something that’s worth a few hundred dollars, it is likely that a pawn shop will consider it. Ask for a quote and consider the amount the shop offers. The loan will be for a percentage of your item’s value, generally around 25% to 60% of resale value for it. It’s always a good idea to get many quotes from different places so you can consider and make a choice on the best price.

Familiarize yourself with the loan terms. Terms can vary between 30 days to a few months and interest rates on your load will depend on state laws. Make sure to acknowledge these terms before agreeing and accepting your cash. You should receive a pawn ticket that will be needed to collect your items upon repayment which should also include any fees, the loan term, grace period and important dates. This ticket is very important so it is recommended to take a picture of it in case it is lost.

Once the due date finally comes around and you’ve successfully paid back your loan, you will get your item back. However, if there is an issue and you can’t repay it or have misplaced your ticket, the pawn shop is permitted to sell your item to collect on the loan you failed to pay.

What Can Be Pawned? 

Common items people pawn include: Jewelry, musical instruments, photography equipment, firearms, current electronics, and tools.

They’re quicker. You don’t have to go through a lengthy process to get a pawn loan. Simply bring in your item and ask for a loan.

No credit checks. Since your item will be used as collateral for your loan, you will not be screened for credit.

In the case that you cannot pay back your loan in full, you can always surrender your item as repayment without leftover debt or any effect to your credit score.

It’s very likely that everyone has heard of Cash for Gold at least once, whether it be through adverts online or on TV. It is advertised everywhere on the internet and outside of the shops on the street as well. The Cash for Gold process is rather simple, but people should still be aware of the potential risks of selling your unwanted or overused jewelry.

Step 1: Gather up old jewelry that you want to sell. Any rings, necklaces, bracelets and een broken pieces. Some non-jewelry items may also be accepted such as tooth fillings or old coins.

Step 2: Research the current market value prices. Gold and silver prices fluctuate daily, so you’ll need to keep yourself updated on the market and prices before you visit your local pawn shop to make sure you’re getting the most out of your items.

Step 3: Have your items assessed. If you have unbroken pieces or a nice set containing other valuable materials, such as pearls, gems or opals, visiting a jeweler and having them estimate how much your piece should go for may be worth your while in the long run. This way, you will be more well-informed and will have an expected price range to spot out low-ballers or cheaper prices.

Step 4: Now it’s time to visit a pawn shop in person or even seek out buyers online. However your options aren’t limited to these. Often times, payday loan and check-cashing services will offer cash for gold. Make sure to do your research before agreeing to sell anything.

Step 5: You finally got an offer! This price offer will be based on the bullion value and karat of your gold/silver. You may either accept the offer right away or ask for time to consider the amount. You can and should visit multiple pawn shops to compare offers for the best value.

Step 6: Once you find the offer you’re happiest with, it’s time to accept and agree to the quote. You can often get paid the same day and, depending on what you sell, you could be walking out of the pawn shop with a hefty amount in your wallet. 

East Village is a pawn shop in East Village, Manhattan that helps you get money fast - come visit us today!

If you’ve never been to a pawn shop, chances are everything you know about it and assumed about it is an amalgamation of things you’ve seen on TV shows. You may think that it’s the place to go when you’ve got a few antiques you want to get rid of or grab that dusty old watch that turns out to be a collectible for an incredible price. However, pawn shops have their part in the community and there are certainly times when people find themselves relying on them to meet their financial obligations.

Those who enjoy middle-class lives often have access to things that people with lower incomes do not. Take, for instance, a checking account. Just about everyone has a checking account nowadays, but there are certainly people in the lower rung of the income ladder that do not. If you don’t have a checking account, there’s no chance of getting a loan or a cash advance from a bank. However, there are always times when you need some extra cash to meet your needs. These are times when people seek out a pawn shop. Here’s why:

At a pawn shop, you only need something of value that the pawn shop accepts. Jewelry is a common choice, and many people bring gold necklaces or rings to offer as collateral. Metropolitan Pawnbrokers, a prominent pawn shop based in New York, is known for taking gold jewelry as collateral for offering cash loans to people who do not hold bank accounts.

It isn’t just those without checking accounts who benefit from getting cash loans from pawn shops. People with poor credit scores benefit as well. Most financial institutions that offer loans evaluate candidacy based on credit scores. A low rating may mean that you wouldn’t get approved, and even if you do, you’ll probably have to cope with a high rate of interest.

An increasing number of families and individuals are turning to pawn shops as a way of getting fast cash to handle unforeseen financial obligations. The borrowing process is a lot simpler than that of most lending institutions. This makes pawn shops the prime choice of many looking to secure small, short-term loans. Even so, quite a few people are unsure of what pawn shops really do.

Although quite a few pawn shops do sell items, their primary business is lending. All you have to do is come in with something of value and have the value assessed by the broker. A price is then proposed, which the client can either accept or negotiate. When a dollar amount is settled upon, the broker takes the item and gives the client their cash loan. The broker is responsible for storing the item until the loan is returned along with any fees and interest accrued. 

One thing that many people misunderstand about pawn shops is that they lend money in exchange for the item, not purchase it. This means that they do not only take into consideration the value of the item but the cost of keeping it safely stored. Of course, resale value has to be considered in the case the loan is not repaid. Pawnshops are often able to offer a lot more for direct-purchase items than they would for other items because they know that if the loan falls through, they’ll be able to resell the item with ease.

Pawn shops have a place in every community. In situations when people are hard-pressed for money, be it for medical care or education, pawn shops are always there to make sure you have the cash that you need. 

Regardless of if you’re in need of some cash or are just looking to get rid of some old antiques lying around the house, a pawn shop may be just what you need. Although pawn shops are often depicted as shady places frequented by shady people, they actually play quite an important role in the community. 

One of the most popular things traded in pawn shops is gold. Sometimes it’s in the form of nuggets and sometimes it’s in the form of a necklace. Whatever it is, read on to learn how you can sell gold to a pawn shop. It’s a little more complex than just going in and leaving in a couple of minutes with cash. If you want to get the best deal, you also need to compare offers and figure out what your gold is worth. Here’s what you need to know:

Gold is a very liquid commodity. This is because it is traded around the clock all around the world. It is usually priced by ounces and the value is always fluctuating. That means that the price you may get for buying and selling gold will change from day-to-day. 

Quite a few things factor into the value of gold. Major events and even speculation about them can play a part. Economic data, inflation, buying power, other currencies, and much more is considered as well. Pawnbrokers take into consideration the current buying and selling rate of gold. However, they usually try to offer you a lower price so that they can resell it for a profit. 

Gold can be sold at quite a number of places from pawn shops, to jewelers and independent buyers. All of these places take into consideration the value of gold determined by the open market. This means that you will probably get a similar offer from all of these places. 

The current value of gold is easy to access because it is public information so it’s always worth looking up before selling so you have realistic expectations. You just need to know the weight of your gold and the current value per ounce. Then, you can calculate the rough value of your gold. 

That being said, weight isn’t the only thing you have to consider when trying to sell your gold. You have to think about how pure it is. A 24-karat gold necklace is most definitely going to be more valuable compared to a 10-karat one, even if they have the same weight. Take the percentage of purity into consideration when estimating the value of your gold.

As the seller, you obviously want to get the best price that you can. In order to get the best deal, be sure to shop around and get some offers from different places. You can do that by visiting each shop or by requesting offers online. This will allow you to see which buyer is giving you the best deal.