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Wednesday, September 27 2023
Spotting Valuables: How to Identify Items of Significant Worth in Pawn Shops

Pawn shops are a great place to find hidden treasures. But you can’t always be sure how much the items are worth- unless you do your research.

This article will tell you how to identify items of significant worth in pawn shops to ensure a rewarding shopping experience.

Look for Designer Names

A designer name is a telltale sign of an expensive item. Some designers are worth more than others. Research in advance so you are familiar with who is who.

Some designers have their names blatantly displayed on items. Other designers are more discreet. They may carve their names onto the bottom of their goods. Inspect carefully to get an idea of their value.

Ask for a Certificate of Authenticity

Designer names will give you an idea of how much an item is worth. But beware. Many manufacturers make knockoffs and try to pass them off as the real thing.

A certificate of authenticity will help you determine if an item is genuine. Original receipts have a similar purpose.

Know What Valuable Jewelry Looks Like

There are several ways you can tell if jewelry is valuable. Precious metals should be inscribed with hallmarks as follows: 

·  Gold will have a hallmark that represents its karat weight, such as 14K, 24K, etc.

·  Silver has a sterling or 925 hallmark

·  Platinum will be inscribed with the word platinum or ‘plat’

Precious gems also have specific characteristics that vary according to the stone. Stones set in precious metals are typically genuine.

Do Some Research to Learn About Valuable Timepieces and Antiques

The internet is an excellent resource for determining valuable goods—research to learn about discontinued models. Rarity often increases the value of an item.

You should also learn about iconic design and historically significant pieces. Look for unique characteristics that tell you what era the item is from. Older goods are generally more valuable.

Learn about different artists and manufacturers to determine which pieces are valuable. If you are interested in coins, look for mint marks, engravings, and historical context that can add to a coin’s worth.

Check the Condition

The condition of an item will affect its value. Inspect items closely to check for signs of damage. Old, rare items may be somewhat damaged. But if a piece is highly damaged, it may not be worth purchasing.

Electronics are Different

Pawn shop shoppers will generally look for older items that have gained value over the years. But electronics are an exception.

Newer electronic items tend to be more valuable. Ensure you are purchasing the latest electronics. Test them so you know they work.

Some electronic items have aged and gained vintage appeal. But, for the most part, it’s best to shop for newer electronics.

Philly Pawn Shop is a Great Destination for Valuable Items

Philly Pawn Shop specializes in high-end antiques, jewelry, and watches. We have a wide selection of valuable items at affordable prices. We provide friendly service. We are also a top destination for loans.

Contact us online or visit our shop to learn more about our terrific deals.

Posted by: AT 04:36 pm   |  Permalink   |  Email

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731 Chestnut St. Philadelphia, PA 19106 -  (215) 922-1560