Best Items to Bring to a High End Pawn Shop Boca Raton
Pawn shops are historically a place where people can go to get a collateral loan. Most pawn shops will take anything of value as collateral and lend money against it. However, recently, there have been a lot of high end pawn shops popping up. These kind of pawn shops only take high end goods such as luxury watches, estate jewelry, and designer handbags. A high end pawn shop is where wealthier clientele go to get a bigger loan. Typically, loans at these pawn shops can be thousands or tens of thousands of dollars. A high end pawn shop Boca Raton is a good place to get a lot of cash quickly. But what are the best items to bring? Here are the top 4 best items to bring to a high end pawn shop.
1. Rolex Watch
Rolex watches are the absolute best item to bring to a high end pawn shop. Why? Because they act like cash no matter where you go. You can take a Rolex anywhere and get cash in return for it. It’s almost like they are another form of currency. Plus they are small enough to store in a safe and are usually very valuable. If you have a Rolex and are in a bind you can always take it to your local pawn shop and get some quick cash. Also, most pawn shop owners are very knowledgeable in the world of pre-owned watches, specifically Rolex. This makes it easier for you to get in and out with your money.
2. Van Cleef & Arpels
Van Cleef & Arpels is the highest end jewelry you can purchase. They have pieces that easily reach into the 6 figures and more. And what’s even better is they hold their value better than other brands. The Alhambra collection hold the value the best. You can usually pawn a piece of Alhambra for half of the original retail or more. Van Cleef is a great way to get quick cash when you need it the most.
3. Chanel Handbag
As far as handbags go, Chanel and Hermes hold their value the best. The problem with Hermes is they are so exclusive a lot of places don’t take it because they aren’t knowledgeable about it. Chanel, on the other hand is much more common, but still expensive. The common flap bag can cost $6,000 new and you can easily get $2,000 for it at your local pawn shop.
4. Large Diamond
Large diamonds are super valuable. A 2 or 3 carat stone could be worth $10,000 to $40,000. It is a great item to use as physical collateral, especially because it is so small. Diamonds are a highly sought after commodity and worth money all over the world.