This is a common question that people ask at the pawn shop. Gold jewelry is probably the best item to pawn. Gold is traded on an open world market so the price of gold is well defined. Gold is an easy asset to value and for this reason it is very easy to sell. When someone comes in to pawn their property a pawnbroker’s first question to himself is how easy or difficult is it going to be for me to sell the property if the person does not come back to pick it up. If the person is pawning gold this is an easy question to answer.
Other common items that are pawned are:
- Diamond Jewelry
- Flat Screen TVs
- Silver (Flatware, Jewelry, Bullion)
- Commercial Grade Power Tools
- Mid to High End Musical Instruments
The list of items above is by no means meant to be limiting to what a customer can pawn. However, gold (jewelry, coins, bullion) and the items on the list above are common and easy to pawn.