I have never spent any time in pawn shops and don't really know how they work. I'm getting the itch for a "new" o/u shotgun and the pawn shop route just crossed my mind for some reason. I have some old jewelry I've been wanting to get rid of (wedding ring and watch my ex gave me). I always thought they would give me pennies on the dollar for the jewelry but do they do that with guns as well? I guess what I'm getting at is new the jewelry was bought for about what a new shotgun would cost so do I have any shot on a close to even trade as opposed to selling the jewelry outright at a huge loss? And what are the odds of finding a gun I would like at a pawn shop? Thanks.
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Originally posted by cehorn View PostI guess what I'm getting at is new the jewelry was bought for about what a new shotgun would cost so do I have any shot on a close to even trade as opposed to selling the jewelry outright at a huge loss?
No. Taking the pawn shop out of the equation, jewelry depreciates like crazy whereas guns don't. A ring that cost $1000 might be worth $50-100 to a jeweler whereas a $1000 gun would likely be worth $750 to a gun retailer.
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Originally posted by cehorn View PostThanks for the replies. Jewelry depreciation is the main reason it is still sitting in a drawer. I'm not sure I will waste my time with looking. I'll probably just keep an eye out in the classifieds here.
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Originally posted by Bassdeer View PostBuy the gun you want online. Find an FFL that will charge you $20 to do the transfer and have the place you got it send it there. Or post what you are looking for on here and see what happens.
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Pawn shops list their guns for more than they need out of it because a lot of times, people that don't know any better will just pay what the tag says. The pawn shops usually expect you to haggle with them so they will price the gun with haggle room in it. I usually find a gun that I like, haggle with them on the price a little to get an idea on where they are, leave for a while or a day, come back, haggle some more, and then ask them what their lowest cash out the door price is. Have as much cash ready as you think you will need. Deals can still be had, you just have to make them.
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