Pawn Shops are Not All Fun and Games
i have the same problem because Ive been wanting to sell a ring that is worth a lot of money even Kay jewellers said so and i went to a pawn shop and they just said that they weren't interested and i go to a place In the mills mall called the jewelry box and they say that i should sell it one of my friends and. 28 Dec You won't be paying off a Pawn Shop loan for years like you would a credit card, but the interest rate is generally higher since it's given on a monthly basis Items sold or left in pawn are held for a specific amount of time to enable law enforcement to do background checks and discover stolen items as they. No. The guy in your example knew what he had. He knew how much it was worth . The pawn shop even brought experts and let the owner hang around for the appraisal. He knew what he had when he walked in there. He still took their offer. He didn't have to. He could have put it on auction to sell it.
Chat or rant, adult content, spam, insulting other members, show more. Harm to minors, violence or threats, harassment or privacy invasion, impersonation or misrepresentation, fraud or phishing, show more. Yahoo Products Yahoo Shopping. Do you think Pawn Shops rip off people that are dumb, poor, and broke. Do you ever watch Pawn Stars or Cajun Pawn and they bring an expert in for appraisal and authentication.
The expert values the item, and then then the "MARK" or fool, ends up taking less than half the appraised value One Example: The guy selling the guitar got it because it was his Aunts. This happens time after time after time.
Do you think Pawn Shops rip off people that are dumb, poor, and broke. ?
Sotheby's would LOVE to have sold this item. It could have brought in a half million or more. Yet this moron sells it for a pittance. It's like all these fools inherited these items and can't WAIT to get the poor, broke, hands on the cash so they can blow it. I believe these poor unintelligent fools make up the majority of Pawn Shop Customers.
I believe Pawn Shops make their living by taking advantage of those who can least afford it. They prey on the uneducated, and unintelligent, to make their money. They accept half price or less. It's not against the law, and they say a Fool and his money are soon parted. These poor fools have every right to sell their item at a fraction of the value. Are you sure you want to delete this answer? The guy in your example knew what he had.
Five Things You Should Know About Pawn Shops – The LockerGnome Daily Report
He knew how much it was worth. The pawn shop even brought experts and let the owner hang around for the appraisal. He knew what he had when he walked in there. He still took their offer. He didn't have to. He could have put it on auction to sell it.
He could have listed that one in Guitar World. But he wanted cash now.
That's what you get if you want cash now. We can't assume he's uneducated or ignorant, we don't know that. So, pawn shops provide a service to people who have things and want cash now. The pawn shop now has to sell that item before they can have their cash back and that was real cash they gave this guy - a lot of it.
Real cash they no longer have until they sell the item. So, they have to make some profit on the deal. This guy knew how to get a fair deal and a fair price on his gear. Take it to auction. The experts even told him so. But he didn't want to go to auction - he wanted cash now. It was awful nice of Rick to not make him wait for an auction to get his money needed. Now, if someone didn't know what a pawn shop was and they thought it was a retail "sell your stuff for best price" market like eBay or Sotheby's then maybe we could say the pawn shop was ripping off the seller.
If the seller didn't know what he had but the pawn shop did - again, rip off. But Pawn Stars is pretty good about telling people what their stuff is worth and then offering them half that.
It's what a pawn shop does. There's a certain penalty in dollars for turning your hard assets into liquid assets. Do Pawn Shops Rip You Off could rent a store and sell it What Makes Women Laugh too.
But, if you want the stuff turned to money right now with no hassles - pawn shops are the place to do it. Check that one on eBay. But, if you need money now Pawn Stars Rip Off. I think the pawn shop is a business and they have to make money.
There are other options to sell your stuff but like you say they want that quick cash!!! Yeah, I'm sure there are plenty of shops today taking advantage of people but isn't that in all walks of life these days?
People are losing their morals. The all mighty buck may not always be here so we better get back to the ole way. Honesty is the best policy. Wait and sell it for the price you want on Ebay. If you bring it to a pawn shop, you won't get anywhere close to the amount of money that you want. Plus, they'll turn around and sell it for way more.
After watching an episode of this show with the French armour, the expert clear winks at Rick before giving him an estimate. That seems like the so called experts give a deliberately low value on items. Related Questions Do pawn shops rip you off jewelry wise? Do pawn shops try to rip you off?
Rather than blindly walking into the nearest pawn shop, it's worth your time and effort to research a number of pawn shops in your area to find one where you'll have a better experience. That seems like the so called experts give a deliberately low value on items. Negotiate for a better deal. Try a few places that buy gold and silver. I would only sell something there in a dire straits emergency when I don't have any other options.
Did the pawn shop try ripping me off with my sword? Do pawn shops rip you off? How bad do pawn shops rip you off?
Pawn shopp ripoff part II
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While they may offer loans to the desperate from time to time, the majority of the shops out there are actually very upstanding businesses that want nothing more than to make an honest living buying, selling, and making loans from goods. Now they're free to set any price they like on your jewelry. I believe Pawn Shops make their living by taking advantage of those who can least afford it. Related Questions Do pawn shops try to rip you off? I believe these poor unintelligent fools make up the majority of Pawn Shop Customers.
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