You’re rummaging through your things looking for something to pawn. There’s a bundle of jewelry showing obvious signs of wear and tear. The question remains, do pawn shops buy broken or damaged jewelry? Fortunately, the answer is yes.

Pawn shops buy used items with faults. Fine Jewelry, for example often has solid value depending on the stones and types of metal. Ark’s Jewelry, Philadelphia, will most certainly consider your merchandise. When things are in really bad shape, the pawn shop may simply resell the viable parts. 

Why Jewelry?

At Cash Express, there are various items we always watch for, including well-worn items. We are more prone to make offers if we already specialize in repairing your type of item, or if we can easily sell it for parts. Sometimes we will have a piece fixed at a low price, or have a client who wants to tinker with the piece themselves. Feel free to call the Cash Express store ahead of time to see if what you have is a good match. 215-922-1560

Gold Buyer or Pawn Shop?

While it might be tempting to sell to a gold buyer, you’re likely to get lower prices than you would at a pawn shop. On average, gold buyers offer 40 percent of the value, whereas pawnshops go to 70% When you come to our store, we can appraise your pieces right on the spot. You will get an offer based on that professional appraisal. Also, unless there’s a gold buyer in town you take risks by having to mail the piece(s).

Pawn vs. Sell

Pawn shops buy broken or damaged jewelry. But you may be able to pawn it instead. Get the money you need quickly, then return for your goods before the loan expires. Mind you, selling outright is far easier. You get an appraisal and can talk out the deal from there. In this case, there is no need to return to the store. 

It’s worth noting that while a pawn shop offers an appraisal you don’t have to accept it on the spot. If you are uncertain, take time to think it through. If anything has sentimental value you might want to hold off. 

What to Expect

Pawn shops are pretty straightforward. You come in and an associate will greet you. Explain what you are selling (or pawning). With jewelry, a professional may take your items in the back for close examination for both gold/silver/platinum weights and the quality of any gemstones. This may take a few minutes, so explore the store in the meantime.

Inside Cash Express

When you need quick cash, Cash Express is the pawnshop for you. We answer the question “Do pawn shops buy broken or damaged jewelry?” with a resounding yes. We specialize in precious metals and gems and can look through whatever you have to help you discover those most helpful treasures. 

For more information, you can use our online contact form or email us at info@pawnphiladephia.com.