BEST PAWN Silver Spring

BEST PAWN Silver Spring WE OFFER SECURED LOANS TO INDIVIDUALS, WITH ITEMS OF PERSONAL PROPERTY USED AS COLLATERAL. One factor is the predicted resale value of the item.

The pawning process begins when a customer brings an item into a pawn shop. Common items pawned (or, in some instances, sold outright) by customers include jewelry, electronics, collectibles, musical instruments, and tools. The pawnbroker assesses an item for its condition and marketability by testing the item (in the case of electronics or instruments) and examining it for flaws, scratches or oth

er damage. Another aspect that affects marketability is the supply and demand for the item in the community or region. To assess value of different items, pawnbrokers use guidebooks ("blue books"), catalogs, Internet search engines, and their own experience. Some pawnbrokers have trained in identification of gems, or employ a specialist to assess jewelry. This is often thought of in terms of a range, with the low point being the wholesale value of the used good, in the case that the pawnshop is unable to sell it, and they decide to sell it to a wholesale merchant of used goods. The higher point in the range is the retail sale price in the pawnshop. For example, a five-year-old laptop may have been bought by the customer for $1000. However, as a used item in a pawnshop, it will only fetch $250 and $300.

Address

8217 Georgia Avenue
Silver Spring, MD
20910

Opening Hours

Monday 10am - 7pm
Tuesday 10am - 7pm
Wednesday 10am - 7pm
Thursday 10am - 7pm
Friday 10am - 7pm
Saturday 10am - 7pm

Telephone

(301) 755-6657

Website

Alerts

Be the first to know and let us send you an email when BEST PAWN Silver Spring posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category