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Pawn America is a nationwide chain of stores that sells luxury items at a fraction of their retail price. Their jewelry selection includes GIA certified diamonds, designer jewelry, watches and handbags, electronics like Apple products and cameras, tools and sporting goods. They also offer a full service pawn shop and loan program.
USA Pawn And Jewelry have high operating costs and need to make a profit on the items they sell or take in as collateral for loans. These expenses include rent, utility bills, advertising, security and employee salaries. This is why pawnshops typically only pay 50-70% of the value of your item. This low-profit margin is why you should always consider other options before pawning an item.
Pawn America Jewelry Care and Maintenance Tips
If you choose to purchase a piece of jewelry from a pawnshop, it is important that you negotiate the price. Many items in pawnshops are negotiable, and you can often get a better deal by bringing an item with a receipt or other paperwork that proves its authenticity. This is particularly important for luxury items from brands that provide a certificate of authenticity at the time of purchase, such as Hermes and Louis Vuitton.
It is also a good idea to have your item appraised before you purchase it. A reputable jeweler or gemologist can give you a much more accurate assessment of the value of your jewelry item. Some pawnshops, like Pawn America in Minnesota and Wisconsin, have in-house GIA graduate gemologists to perform these assessments.
