Pawn shops have been around for a very long time. They have a wide variety of items to be sold or traded. These items could be antique, used, or new. Many people do not realize all of the items they have accumulated that are not being used until they go to clean and organize their house. Sometimes things are left behind by a previous owner, and instead of throwing it away, they take it to a pawn shop to possibly make some money from the item. There are times when antiques are passed down for generations, but when people are in need of money, they are willing to see how much money they can get. This is where pawn shops become handy. They take items that they can sell to make a profit that you no longer want or need. So both people benefit from this service.
If you walk into any Jewelry Store in St. Louis, they may buy your jewelry from you, but not all stores will do this. If you take your items to a pawn shop, however, you have a few other options, if you do not want to sell your things. They can offer services to you; such as, pawning, selling, or trading. When you pawn an item you are giving it to the store, in order for them to lend you money. You have a certain amount of time to pay back the money they lent to you and pick up your item; otherwise, they can sell it. If you want to sell them your jewelry or any other items, they will give you money for what the item is worth. However, they do need to profit from the item, so they may not give you exactly what it is worth. The good thing about pawn shops is you get to negotiate pricing. Trading an item would be where you sell the item to them but buy an item of equal value.
A pawn shop will not just take anything and sell it in their store. They have to be sure it can be sold and is in decent condition because nobody will buy an item that is completely worn down and needs a lot of repairs. The better the condition of product, the more money you will get in return.