Frequently Asked Questions
How are you different from other pawn shops?
We are the oldest, friendliest, and we understand peoples need, we like to help.
How does a pawn loan work?
We are a collateralized lending, meaning we hold your item and give you cash. Your item is returned once the loan plus interest is paid back.
Will I lose my merchandise?
You can lose your item if you dont follow the loan terms. Payments must be made monthly, The loan structure can be stretched out to allow payments over 4 months if necessary.
How do determine what an item is worth?
We give a % value on current items worth. Values and % will change daily. We’ll pay you the highest dollar value for your item.
How do you determine the value of jewelry or watches?
Our team has over 65 years of appraisal and evaluation of gold and jewelry. We do the best we can to accomodate everyone’s needs.
How do you determine the price of gold, silver and other metals?
Values of all precious metals are traded on a global market daily. We work off those numbers daily.
Can you give me a quote over the phone?
We can give you a general idea, but we’ll need to see the item to give it a proper evaluation.
Do I need to bring ID?
Yes, ID is required. Its the law.
Is my collateral safe while in pawn?
Yes everything is safe and secure. We are licensed and bonded by the state of Pennsylvania and insured by LLoyds of London. The oldest and most trusted insurance company in the world. Smaller items are secured in one of many safes on premise.
Can I mail my item to you for a loan?
Yes you can mail items to us for evaluation. We can approve your loan the same day and process a check or make a direct deposit. If an items is not loan worthy it will be returned to sender. Please call in advance to get an estimate. We try our best not to waste time with mailing if an item has low to no value.
What do you NOT buy or loan on?
No guns, No cars.
What is the minimum I can borrow?
Typical loans are $100 or more. Although some easily transferable items like Video game consoles can be exchanged for less.
What interest rate do you charge?
LEGAL rate is 3% per month.
Who provides shipping and insurance if I mail in my item?
If we approve your loan we can pay for shipping and it can added into your loan. You can also choose to pay your shipping directly to us.
What are acceptable payment methods?
We accept cash, bank checks and wire transfers. Credit cards and paypal can also be arranged. We DO not accept credit card payments for loan redemptions. Meaning you get a loan and then want to pick up your item the follow week and want to use a credit card.
How is my item stored?
Your items will be stored in one of our electronically secure safes or in dry storage in our store on a shelf.
Is the merchandise for sale new or pre-owned?
Items for buy and sell can be new or used, its random.
What type of items do you sell?
We resale all items that we acquire. Depends on the day. If you have ever seen PAWN Stars or HARD CORE pawn we are very similar. We have seen many things over the last 74 years.
- 1938 Waldorf Astoria Inner Circle original WILLARD MULLIN NYC Truman Roosevelt July 10, 2018
- Vintage Saint Bernard Figurine June 15, 2018
- Fender Rhodes Mark I 73 1974 June 15, 2018
- Vintage SWATCH Watch June 15, 2018
- Stephen Curry & Kevin Durant Autographed Ball June 15, 2018
- Nikon D800E Camera & 2 lenses June 15, 2018