I'm trying to figure out how much a 10K ring would be valued at if I were to take it to a pawn shop. I'm curious about its worth in such a setting.
6
answers
GeishaWhisper
Fri Feb 14 2025
This percentage often leaves sellers feeling underwhelmed as they do not receive the full value of their gold ring.
SsangyongSpirited
Fri Feb 14 2025
A 10K gold ring typically fetches a value of $38.73 or less when sold to a pawn shop.
ethan_thompson_journalist
Fri Feb 14 2025
Pawn shops are known to offer between 40% and 60% of the actual worth of gold jewelry.
ChristopherWilson
Thu Feb 13 2025
Negotiating the price of jewelry in pawn shops is common, as the items are usually high-value and have substantial profit margins.
Alessandra
Thu Feb 13 2025
Jewelry owners often have the opportunity to haggle and try to secure a better deal for their gold rings.