New York pawn shops can be a great way to get out of debt. And it is that, what you no longer use or that you just inherited from the former owners of your new house can be worth hundreds of thousands of dollars, at least, if you are lucky.
Like other states across the country, New York is full of houses like this one that not only sell valuable items, but also deliver secured loans, payday loans and car title loans.
How do you know which of them is the best for you? Well, you no longer have to do such an exhaustive investigation. we gather the best pawn shops in New York in one place so that all you have to do is decide which one to visit.
- 1 What are the best pawn shops in New York?
- 1.1 Where do I pawn my watch in New York? The experts in jewelry and watches
- 1.2 Where do I pawn my old stuff in New York?
- 2 Requirements of pawn shops in New York, check them out!
What are the best pawn shops in New York?
That’s why we decided to separate our list into two categories: watch and jewelry specialist pawn shops, and all the others.
Where do I pawn my watch in New York? The experts in jewelry and watches
Because of its collectible value -and also because of the signature on the back- you cannot take your jewelry and watches anywhere. Think that a Rolex costs at least $5,000, and that is if it is not an extraordinary model. Some models, like a World War II Cartier, could cost much more than that; like a ring that belonged to the old Italian crown.
Then, Where can you pawn your watch in New York? We leave you the five best places to do it.
#1 Grand Jewelry
There is no better place to pawn, sell or buy jewelry and watches than Grand Jewelry. Although they also buy scrap metal, old objects, crockery, paintings, photographs, among others; are experts in the appraisal of high-end jewelry and watches. In fact, they have specialists in the most recognized brands in the sector:
- Tiffany & Co.
Direction: 791 Grand St., NY 11211
Schedule: Monday to Friday from 10:00 a.m. to 7:00 p.m. Saturdays: 12:00 p.m. to 3:00 p.m.
Telephone: (718) 384-1695
Web page: grand.jewelry
#2 G&G Gold
Another great option, especially if what you have is a clock at home. This pawn shop specializes in repair and appraise vintage watches, including those pocket models your great-great-grandfather probably used. What is a bit limited is their service: they only deal with real antiques.
Direction: 1670 1st Ave New York, NY 10128
Schedule: Monday to Friday from 8:30 a.m. to 7:00 p.m. Saturdays: 10:00 a.m. to 6:00 p.m.
Telephone: (646) 684-3121
#3 New Liberty Loans Pawn Shop
If what you are looking for is to leave your jewelry or watch as collateral for a pawn loan, you have come to the ideal place! New Liberty Loans Pawn Shop is one of the few pawn shops that work with low interest rates and loan offers with up to 0% interest for the first month.
Of course: if what you want is to sell, you may have to keep looking. New Liberty Loans Pawn Shop often offers prices too low for definite sales. (Between 25% and 35% of the real value of the object).
DirectionAddress: 67 W 47th St New York, NY 10036
Schedule: Monday to Thursday from 9:00 a.m. to 6:00 p.m. Friday: 9:00 a.m. to 4:00 p.m. Sundays: 10:00 a.m. to 6:00 p.m.
Telephone: (212) 278-8282
Web page: https://newlibertyloans.com/
#4 New York Loan Company
New York Loan Corporation is expert in jewelry, metals and precious stones. In fact, they value rings, hoops, necklaces, headbands, chokers, bracelets, bracelets and even loose stones.
What we like most about this pawn shop is that offers the best security service (and has been doing so since 1938). They have private rooms for valuation, closed circuit, bank security 24/7, a secured vault, among other things.
DirectionAddress: 50 W 47th St Ste 319 Manhattan, NY 10036
Schedule: Monday to Thursday: 10:00 a.m. to 6:00 p.m. Friday: 10:00 a.m. to 5:00 p.m.
Telephone: (929) 262-5225
Web page: https://newyorkloan.com/
#5 Gem Pawnbrokers
Gem Pawnbrokers is an expert in only one thing: gemstones.. Their appraisers are specialists in them and they show it when they make their first offer (one of the highest in the city, at least in the case of diamonds). They also have appraisers for musical instruments, watches, and jewelry; but its strength is what shines, and a lot!
Direction: 230 Flatbush Ave Brooklyn, NY 11217
Schedule: Monday to Saturday: 9:00 a.m. to 6:00 p.m.
Telephone: (718) 596-5626
Web page: https://www.gempawnbrokers.com/
Where do I pawn my old stuff in New York?
There are old things that could cost a lot of money, like a guitar autographed by Jimi Hendrix or a classic sports car. That is why it is preferable to take them to pawn shops that have the professional equipment needed to 1) know the real value of each item and 2) determine whether or not it is original. Remember that knockoffs might be more common than you think.
#1 The Gold Standard of Forest Hills
The Gold Standard of Forest Hills is perhaps the oldest pawn shop in New York (at least of the ones we include on this list). What we love about it is that it has a team specialized in anything, from watches and cars to diamonds -and other precious stones- and gold bars.
For many years in a row, The Gold Standard of Forest Hills has earned the award for one of the best buy gold in town, not only because they give good offers, but also because they provide a high quality service with transparent appraisals, prices and loan contracts.
Note: The Gold Standard of Forest Hills purchases and receives as collateral real estate properties. However, we do not advise you to put your properties at risk for a price as low as that offered in a pawn shop. It is preferable that you ask for a mortgage at the bank or any other guaranteed loan. The rates will be better, as well as the payment terms and conditions.
Direction: 70-54 Austin St Forest Hills, NY 11375
Schedule: Monday to Sunday: 10:00 a.m. to 6:00 p.m. Wednesday: 10:00 a.m. to 8:00 p.m.
Telephone: (800) 316-7060
Web page: https://www.goldstandardny.com/
#2 Gold Buyers Club & Jewelers
Although at Gold Buyers Club & Jewelers they also buy, sell and lend watches (even if their clientele has bad credit); really his forte is another. Here you can take any second-hand items you no longer want or use, such as musical instruments, damaged jewelry, bicycles, coffee pots, vintage vending machines, Italian motorcycles, $1,000 bills, and a long list of etc..
All you want is a battery for your watch? Then, you can trust their repair service. If they are good at watches and jewelry, why are they not on the first list? Well, because they do not offer as attractive a price as we would like.
Direction: 99-18 Metropolitan Ave Forest Hills, NY 11375
Schedule: Monday to Thursday: 10:00 a.m. to 7:00 p.m. Friday: 10:00 a.m. to 6:00 p.m. Saturdays: 10:00 a.m. to 5:00 p.m.
Telephone: (718) 544-2000
Web page: https://pawnforyou.com/
#3 24 Hours Pawn Shop
24 Hours Pawn Shop is a classic pawn shop that keeps everything simple, that is, it specializes in the Buying, selling, and pawning loans of old coins, antiques, collectibles, and artifacts. If you have a television from the early 20th century or one of the first telephones to be invented (or maybe old mobiles), you need to visit them! Even if you decide to return that little treasure you have home, you’ll learn a lot about it (and its market value, too).
DirectionAddress: 248 W 125th St New York, NY 10027
Schedule: Open 24/7
Telephone: (718) 200-6992
#4 Stop N Pawn
Stop N Pawn is a fairly small pawn shop that can give you a loan for anything you want to pledge to them. We do not recommend it if what you have in your hands is very valuable or old because their appraisals are usually not the most accurate in the market.
However, If what you are looking to leave under warranty has to do with electronics – a laptop, a Smart TV, etc. – it is the right house! There they are right with the assessment. In addition, they give instant cash, which is good if you need an emergency loan.
Direction: 542 86th St Brooklyn, NY 11209
Schedule: Monday to Friday: 10:00 a.m. to 7:00 p.m. Saturdays and Sundays: 10:00 a.m. to 6:00 p.m.
Telephone: (718) 238-4500
Web page: https://stopnpawn.com/
Requirements of pawn shops in New York, check them out!
New York regulates the activity of pawn shops in a very aggressive way. That is why we recommend -for your safety and that of your valuable objects- that you check that the place you have chosen from the pile meets the requirements of a lending business like this one. A regular pawn shop follows:
What’s more, is licensed by the State Commissioner of Consumer Affairs and informs its clientele about all the conditions of its pawn loans in detail, that is:
If you are in an unlicensed pawn shop that is not transparent with the costs of the loan, don’t sign anything! You better keep looking.
Remember: Every time you leave an item as a pawn, the house must give you a written note that shows all the details of the item, from the valuation and classification to the details of the loan, your full name and your identification number.