Best things to pawn to make money

best things to pawn to make money

Strapped for cash? You might be interested in pawning a few items — that is, providing something of value as collateral for a monetary loan — when you’re in a bind. What’s some of the best stuff to pawn? Peep this list of popular items that bring home the big ish bucks. Jewelry, especially gold and silver, intrinsically holds value — so long as the market dictates, and people like shiny things. And pawnshops are always on the lookout for a potential payday on your precious-metal rings, bracelets, and necklaces.

The Best Things to Pawn at a Pawnshop

Take a look at the list below of items you can pawn for instant cash in hand, and then let the internet do some work for you while you carry on with your day. After all, no one has time to travel to each pawn in their area to find the best offer, especially when you need cash ASAP. Do you have any old power tools in your possession? Check the garage and basement! You will be surprised at what you might find. Whether you have a power drill, bandsaw or air compressor laying around, power tools make the cut as one of the best things to pawn for quick cash. Power tools are always in demand, so pawn shops will be happy to pay you fair price for these. Keep in mind that the older the power tool is, the less money you will get for it. Rid the tools of grease, dirt and sawdust to ensure they appear in tip-top shape when you take it to the pawn shop. Like many other pawnable items, brands play an important part when it comes to power tools. It can be tough to part ways with pieces of jewelry, as they often have sentimental value. But, if you find yourself in a pinch, jewelry made of precious metals and stones are bound to get you a sizable chunk of cash. If you have a minute, make sure that Find My iPhone is deactivated and that you collect any original boxes, manuals, cords or accessories that came with your iPhone. Checking for completeness is important for other smartphone brands as well. You will receive a great price for the newer Samsung Galaxy phones, too. The better the model, generation and features, the more cash you will get. This will give you a list of offers you can expect to receive from pawn shops and other marketplaces. Take it to the pawn shop. It will still get the job done. Laptops such as MacBooks, as well as newer desktop computers, will earn you a good chunk of change from pawnbrokers. Do you have an old hunting rifle or shot gun that you can part ways with for a little while until you pay back your pawn loan? Guns tend to retain their retail value better than many other pawned items, which makes them a great option for pawning for quick cash. List your item online at PawnGuru. The free listing takes only a couple of minutes to create. Once you list your item online, you will receive offers from multiple pawn shops in your area—sometimes within minutes.

The Best Things to Pawn at a Pawnshop

You need cash. You need it fast. What do you do? Where do you go? What can you sell for quick money? Not sure where to start?

best things to pawn to make money

2. High-End Electronics

Though jewelry is the most popular item to pawn, pawn shops will pay good money for a variety of things you may have in your garage, and never thought to pawn or sell. There are some items that are more coveted than others by pawn establishments. Pawn shops will happily take electronics, especially brand names and high-end gadgets. Some items, such as Go Pro Cameras and Apple products can get top-dollar. You can get a high value — quick cash pawn loan for jewelry. This is even true for scrap jewelry a broken gold chain, a spare earring or link from gold watch. The pawn agent will weight and test the item to find out the gold content. He will consider how much gold costs, the karats and the weight. Consider selling or pawning those power tools you no longer use but are still in good shape. Most parents are overjoyed to find out they can pawn or sell the electric guitar their kids used for five days, before losing interest. Brand names such as Yamaha and Gibson can get more money. Coins are in a different category than jewelry, partly because they are collectible. Serious collectors forge relationships with pawn shops, so they can call dibs when the store gets a coin they may want. If your coins are valuable, the pawn shop will most likely take them. How to get top dollar for your used sports equipment? Bottom line, if you are not sure about an item, bring it to a reputable pawn shop, such as CashCo, for an evaluation.

1. Scrap Jewelry

Show less You can sell goods and services, recycle or scrap items, do some odd jobs, or borrow money. These methods may or may not be reliable long-term, but when you need to make some money in a few hours or days, they are your best shot! Tip : Make sure that you can have a yard sale in your area.

If you rent, you may need to ask your landlord for permission to have a yard sale. Warning : Stay away from apps that ask you to do something like pay a fee or supply credit card information to sign up to complete surveys. Those are almost always scams.

Tip : For a fun way to get some extra bottles and cans to recycle, host a bring-your-own-beverage party. Warning : Beware of loan sharks or other extortionists. Look for people that can loan you money because they want to help you, not because they want to make a profit. To make money fast, try having a yard sale or selling things online to get rid of stuff that you don’t need anymore, like books, electronics, video games, and old jewelry. You could also offer to help your neighbors with yard work, babysitting, or caring for their pets for some cash.

Or, you could sign up to drive for a company like Uber or Lyft. You might even be able to earn some fast cash best things to pawn to make money taking online surveys.

For tips on how to borrow money when you’re in a bind, scroll down! This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. Together, they cited information from 25 references.

Log in Facebook Loading Google Loading Civic Loading No account yet? Create an account. Edit this Article. We use cookies to make wikiHow great. By using our site, you agree to our cookie policy. Article Edit. Learn why people trust wikiHow.

Learn more Method 1. Take items that you want to sell to a pawn shop. Your local pawn shop may pay you a decent price for high-value items, such as electronics, musical instruments, or jewelry.

Take your items to the pawn shop and see what they are willing to give you for. Trade-in items for cash at second-hand stores.

Take some valuable items that are in good condition and see what you can get for. Have a yard sale to sell things you no longer need. Choose a day or a couple of days to have your yard sale. Advertise it in your local paper and online, such as on social media and classified websites. Then, on the day of the sale, arrange the items on tables, blankets, shelves, or in other ways in front of your home.

You can arrange the items into groups by price, or price them individually. Good items to sell include CDs, DVDs, books, musical instruments, collectible toys, electronic equipment computers, tablets, televisions, speakers. Sell unwanted items using a commercial website. Some sites charge a small fee or take a percentage of the sales price, but the exposure is often worth this cost. Sell any items that you have around that are in good or new condition. This may help you to get the most money for your item if it is rare or valuable.

Online retail sites like Amazon or AbeBooks. These sites may charge a small fee or percentage of your profit. Set up a lemonade stand. If you have enough money to buy some lemonade mix, a pitcher, and cups, then you can start a lemonade stand.

Use a sturdy box or crate to set your items on, and make a sign with your price per cup on it. Lemonade stands work best on a hot summer day. Set up your stand in your front yard and wait for customers to stop by.

Make sure to ask permission from your parent or guardian before you set up a lemonade stand. Offer to do yard work in your neighborhood. You can also make money doing yard work, such as mowing lawns, aerating lawns, weeding, or raking up leaves.

Make fliers advertising your services and post them around your neighborhood, or go door-to-door offering your services. Check to see what other people charge and set your rate a few dollars lower than that so to entice people to hire you. Rent out a room in your home to travelers. If you live in a city or a popular vacation spot, people passing through may be looking for a place to stay.

Method 2. Find small paid tasks via apps. There are apps that pay you for doing marketing tasks, such as scanning products at a grocery store or completing a survey. Download one of these apps and use it to find small paid tasks you can. However, you can start right away and make some money.

Fill out online surveys. There are many websites devoted that connect users to free online surveys. These usually only pay at most a few dollars each, but they take very little effort and may provide fast payment. However, the pay is usually very low, often only a few cents per task. Use your skills to do day labor. Post an ad online or on a bulletin board offering to do odd jobs or sign up with an employment agency that specializes in temporary work.

You can also go where other day laborers meet and wait for employers, such as building contractors, landscapers, homeowners and small business owners. Common odd jobs people need day laborers for include: [11] Construction Basic office tasks Yardwork raking leaves, mowing lawns, shoveling snow, cleaning gutters.

Picking up groceries or running other errands for the elderly Doing chores cleaning houses, clearing out an attic or shed. Try pet sitting if you enjoy spending time with animals. Professional boarding places tend to be expensive, so your cozy little house or apartment is a nice alternative.

Around the holidays, pet-boarders fill u, meaning you can probably charge. Ask your friends and family if they know anyone who needs a pet sitter. Word-of-mouth is often a great way to find jobs. Become a dog walker if you live in an area where they are in demand. You can walk dogs for people who own dogs but who are too busy to walk. However, this can be a demanding job, especially if you end up walking a few dogs at once or if you are walking dogs throughout the day, so ensure that you have the physical stamina for this type of job.

Make a flyer or post an advertisement on online classifieds boards to advertise your services as a dog walker. Tell friends and family you are looking for work as a dog walker. Become a babysitter if you are good with children.

There are websites that will connect you with people who need a babysitter. To get hired by people who do not know you, it will help to pass a CPR class, or to have a special talent or expertise for entertaining children. However, you might be able to make money more quickly just by babysitting for people you know, or by having friends refer you to others who need a babysitter.

Keep in mind that caring for children is often hard work. Make sure that this is something you enjoy doing! Sign up with a ride service company to become a private cab driver. Companies such as Uber and Lyft have set up services that connect drivers with people who need a ride and are willing to pay for it. Showcase your talents as a street performer. If you can dance, play music, mime, sing, or tell jokes, you can probably get some cash by performing in public.

Put together a good act and find a place to perform. Give people a dose of live entertainment, and hopefully they’ll reward you with tips.

Always check local laws before performing in a public space, since some areas have bans or restrictions on this kind of work. Pose for art students at a local art school or museum. Contact local art schools, colleges, and museums about opportunities to be a live model. Art students learn to draw the human figure by studying live models. Those that are willing to pose nude in front of others for up to 30 minutes can make money this way usually at a per-hour rate.

1. Precious Metals

Heading to the pawn shop to dump unwanted items may not seem very glamorous, but there are times when a quick trip can make a ton of financial sense. If you have diamonds, gold, antiques, power tools, collectible coins, or guns, for example, pawn shops offer an easy way to ditch these items and get your hands on some easy cash. Have an engagement ring to sell after a nasty divorce? More on that in a minute. Who wants to do that? The money they offer comes in the form of a loan you must repay back within a specific length of time, usually 30 to 60 days. This is usually the plan all. While some pawn shop regulars do use their items as collateral for a short-term loan, but there are just as many who have no intention of coming back for their stuff. If your goal is taking the money and never coming back, there are several things you should know before you head to a pawn shop to get rid of unwanted valuables — once and for all. First things. According to PawnGuru, the most in-demand items at pawn shops and the ones that pay the most include jewelry, watches, power tools, electronics, video games consoles, firearms, and musical instruments. These items offer a higher rate of return because they tend to sell the fastest on the retail end. Also note that some items are worth more if you sell them online instead of in a local pawn shop. If you have a lot of high-end jewelry, for example, a platform like Worthy lets you get more money for your items once you receive an informal appraisal and send them in via secure Fedex shipping. Not only will you get more cash this way, but selling your jewelry with Worthy also lets you avoid trying to sell it yourself to strangers in your area, which could pose safety concerns. If you have gold to unload, you can also get more if you sell small amounts online through a platform like CashforGoldUSA. According to NOLO, pawn shops normally give you significantly less than the retail value of your items. Another thing to remember is that your pawn shop winnings come in the form of a loan you can repay if you want your stuff back within 30 to 60 days or whatever timeline the shop specifies.

Comments