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Do Pawn Shops Buy and Sell Panerai Designer Watches?

Do Pawn Shops Buy and Sell Panerai Designer Watches?

Pawn shops are an excellent place to shop for luxury watches, including Panerai designer watches. Although the main reason you should include pawn shops when shopping for any high-end item is because you may save a fortune, there are many other benefits of shopping at a pawn shop. Conversely, if you’re ready to sell a Panerai designer watch, make sure you take it to a top-reviewed pawn shop before you sell it online. You can save yourself time, hassle, and delays in waiting for payment. Read on for everything to know about buying or selling a Panerai watch at a pawn shop.

What is a Panerai Watch?

Panerai designer watches are among the world’s most coveted watches. However, unlike many of the world’s other designer watches, Panerai watches are Italian, rather than Swiss. The roots of the Italian luxury watches dates to 1860, when Giovanni Panerai opened his first watch shop and watchmaking school in Florence. By the early 1900s Panerai was manufacturing technical equipment for the Royal Italian Navy. Products included dive watches, and precision instruments.

Panerai was tapped to outfit the Royal Italian Navy because it had created Radiomir, which was a self-luminating material allowing divers to see the time underwater, and in the dark. Panerai provided the military with watches and other devices for many years.

In 1993, Panerai and its instantly recognizable luminous watches finally became available to the public. Just four years later, the Richemont Group (formerly the Vendome Group) acquired Panerai. Panerai joined the likes of brands such as Cartier, Van Cleef & Arpels, Jaeger-LeCoultre, and Piaget, and became instantly synonymous with exclusivity and sophistication.

Today, Panerai watches are known for traits such as:

  • Photoluminescent material for low-glow dials and hands
  • Oversized hands
  • Minimal dials
  • Large, cushion shape case
  • Winding crown
  • Oversized hour markers

Brand new Panerai designer watches may be found for around $5,000. Limited-edition Panerai designer watches may cost more than $100,000.

Why Shop for a Panerai Watch at a Pawn Shop?

It’s smart to look for luxury items at pawn shops because of the significant savings you may secure. Consider that used designer watches, handbags, sunglasses, etc., may sell for 30-40% less than the full retail price. With a high-value item like a luxury watch, this can amount to thousands in savings. For example, if you’ve found a Panerai watch you want, but the full retail price is $10,000, you may find the same barely used watch at a pawn shop for $6,000-$7,000. That’s significant savings.

Another reason to shop for exclusive items at pawn shops is because you can often find rare, limited edition, or hard-to-find brands and styles. Because pawn shops buy their inventory directly from individuals, there is no telling what a customer may bring in to sell on any given day.

If you shop from reputable, established pawnshops, you can also rely on authenticity when you buy a premium product. Pawn shops are not in the business of buying fake items, so the likelihood that you’ll purchase a knockoff is very slim.

Should I Sell My Designer Watch to a Pawn Shop?

If you have a Panerai designer watch, that you no longer want, it’s worth taking it to a pawn shop before beginning the process of finding a buyer online. Selling luxury items to a pawn shop offers benefits such as:

  • Instant offer
  • Fast transactions
  • Immediate cash

By contrast, if you decide to try to sell your luxury watch online, you’ll have to identify the right sites to list the watch. Then you’ll have to describe the watch, photograph the watch, and determine the price. Because your watch is valuable, it can take time for anyone to take interest in the watch. In the meantime, you will likely get emails, calls, or texts from nosy, but not necessarily serious buyers. You may have to take the watch with you to show to people you don’t know. Because it’s a high-value item, keep in mind that plenty of people wouldn’t mind getting their hands on it without paying for it.

Once you find a buyer, you’ll need to insure the shipment and trust that it will arrive to its destination safely. Should the piece be lost in the mail, recovering your losses can be impossible, if not stressful. Finally, you’ll need to wait for the payment to reach your account (this also means you’ll need to have some form of online banking, or payment acceptance set up). If you’re exhausted just reading about all the steps, you’ll need to take to sell your luxury watch online, it’s probably in your best interest to take it to a pawn shop.

Before you head out with your watch, it is smart to confirm that a particular pawn shop specializes in luxury items. While some pawn shops specialize in high-end products, others may not buy or sell them.

You may also want to make sure that a particular pawn shop is a member of a respectable industry association such as the California Pawnbrokers Association. This can help you to feel comfortable knowing the shop complies with all local, state, and federal regulations pertaining to pawn shops.

If a particular pawn shop does not make you an offer that you are willing to accept, you can simply walk away and find another shop. But you won’t have wasted countless hours putting the watch up for sale online.

Buy and Sell Designer Items 7 Days a Week in Ontario, CA

Central Mega Pawn buys and sells Panerai designer watches seven days a week in Ontario, CA near Pomona and Upland. As a leading pawn shop serving the luxury market, we also buy and sell jewelry and watches from designers such as Tiffany & Co., Chanel, Harry Winston, Audemars Piguet, Breitling, Chopard and others. We are known for professional service, excellent offers, and fair pricing on luxury goods.

Central Mega Pawn is located at 11031 Central Avenue, in Ontario. For your convenience, Central Mega Pawn is open seven days a week until 6 pm. We also list many of our items in our online store that you may shop 24/7.

Can You Pawn Broken Jewelry?

Can You Pawn Broken Jewelry?

It seems nearly everyone has at least one piece of broken jewelry. Even though you don’t wear it, you also don’t want to throw it away. Perhaps you’ll finally get around to having it repaired one day. In the meantime though, did you know that it may be possible to secure a pawn loan using the broken jewelry as collateral? Of course all pawnshops have their own policies about buying or loaning on broken jewelry, but at Central Mega Pawn, we are often able to make pawn loans using broken jewelry as collateral.

Reasons Pawn Shops May Be Reluctant to Extend Loans for Broken Jewelry

Most pawn shops will accept jewelry as collateral for a pawn loan. However, if the jewelry is broken, your options may be a bit more limited. The reason? If you forfeit your item through defaulting on your loan, the only way the pawn shop can recover their loss is by selling the item. Believe it or not, most customers aren’t in the market for broken jewelry.

That means that the pawn shop can only sell the jewelry as scrap silver or gold or choose to have the item repaired. This is one reason that some pawn shops won’t accept broken chains, bracelets, earrings, watches, etc. So, the first factor that a pawn shop will consider is the value of the scrap metal. Keep in mind that pawn loans are based on a percentage of the value of an item.

For example, say you have a gold chain that you’d like to use as collateral for a pawn loan. It is a 14k gold chain that weighs 15 grams. Let’s also assume that the current spot price of gold per gram is $50. In this case, the chain may be estimated to be worth approximately $750.00. If the chain wasn’t broken, you may expect to be offered a loan ranging from 25% of the value, to 60% of the value. So it could be a loan of $187.50-$450.

However, keep in mind that the pawn shop reserves the right to reduce the offer of the loan because the chain is broken.

Getting Your First Pawn Loan: What to Know

If you’ve never pawned an item before, you should understand how the process works. First, you’ll show the pawnshop the item you’d like to use as collateral for a loan. They will inspect it and offer you a loan amount. You are well within your rights to try to negotiate for a bigger loan. If you do not get the amount you want, you’re welcome to take your jewelry elsewhere, with no hard feelings.

If you reach an agreement, you will need to sign your loan agreement. You will also need to provide your identification with a state-issued I.D., driver’s license, or passport. Different pawn shops offer different terms, but at our shop in Ontario, we only offer four-month loan terms. Interest rates range from 2.99%-35.99%. The pawnbroker will let you know exactly how much your monthly loan payment will be for the next four months. If you pay your pawn loan per the terms, your item will be returned to you when you make your final payment.

If you forget to make your loan payment, you will have a ten-day grace period to make your payment, or to at least make your interest payment. If you do not pay the interest or the payment within the 30 days, you risk forfeiting your item. The pawn shop is then free to sell your item.

Most reputable pawnshops will work with you to get you back on track. You may be able to renew your loan, extend your loan, or obtain a replacement loan. Nationwide it is estimated that only 15% of items that are used as collateral to secure a pawn loan are forfeited.

Unfortunately, because of confidentiality laws, pawnshops are unable to accept payment for your loan from third parties. You will need to make the payment yourself, as pawnshops cannot confirm that they have extended a loan to you to anyone but you.

While you are paying off your loan, your item will be safely stored, and monitored by 24/7 surveillance cameras. Jewelry, coins, silver, gold, and other high-value items are stored in a safe. The pawn shop should also have security gates protecting the business after hours.

You can have multiple pawn loans at one time. There is no limit to the number of items you may use as collateral for loans.

Should You Sell the Broken Jewelry?

If a pawn shop cannot extend a loan for your broken jewelry, you may still be able to sell them the item. You do need to make sure you’re ok with parting with the item. Once you sell it to the pawnshop, they can resell it as soon as they take possession of it. So, you need to be very sure you’re not going to regret selling it at a later date.

But, when you sell your item to a pawn shop, you’ll almost always put more cash in your pocket than the pawn loan will provide. That’s because the pawn shop will become the owner of the item. When you pawn your item, you retain ownership of the item.

Pawn Loans for Broken Jewelry in Ontario, Upland and Pomona

If you have broken jewelry and find yourself in a financial bind, bring the jewelry to Central Mega Pawn in Ontario. As the Inland Empire’s best reviewed pawn shop, we go above and beyond to put the money you need in your pocket. Central Mega Pawn buys, sells, and loans money seven days a week from our location on Central Avenue in Ontario. As a member in good standing of the California Pawnbrokers Association, Central Mega Pawn complies with all state and federal lending regulations.

We are always happy to answer questions. However, we do not provide loan estimates over the phone or email. For all other questions, call 909-627-9622, or feel free to email us.

Top 5 Wedding Ring Designers You Will Find at a Pawn Shop

Top 5 Wedding Ring Designers You Will Find at a Pawn Shop

Some of the fun of shopping for jewelry at a pawn shop is that you never know what you’re going to find. This is thanks to everchanging inventory that pawn shops boast. From day to day, you may find wedding rings from the world’s most celebrated designers. You may also find wedding rings of countless shapes, carats, styles, and prices. Though the inventory at a pawn shop changes all the time, on any given day you may find wedding rings from designers including Tiffany & Co., Harry Winston, Chopard, Van Cleef & Arpels, and De Beers.

High-End Wedding Ring Designers

Although Tiffany & Co., Harry Winston, Chopard, Van Cleef & Arpels, and De Beers are some of the best-known wedding ring designers, they are far from the only designers you should consider. At a pawn shop you may find wedding rings from these globally recognized designers, but you may also find them from other designers including:

  • A. Jaffe
  • Cartier
  • Graff
  • Jean Dousset
  • Jeff Cooper
  • Jenny Packham
  • Many others
  • Nadia
  • Neil Lane
  • Piaget
  • Pnina Tornai
  • Simon G.
  • Tacori
  • Vera Want
  • Verragio
  • Zac Posen

Ring Materials, Gemstone Shapes and More: Options for Wedding Rings

When looking for wedding rings, you’re likely to be surprised by how many options exist. The most common materials used to make wedding rings include gold, silver, and platinum. However, men’s wedding rings are also often made of metals including palladium, titanium, tungsten carbide, cobalt, and stainless steel.

Likewise diamonds and gemstones come in myriad shapes including:

  • Round Round diamonds and gemstones are the most common. They may also be referred to as brilliant cut.
  • Princess A princess shape diamond is a square diamond.
  • Cushion A cushion cut gemstone or diamond is a square shape with rounded corners.
  • Oval Oval cut diamonds and gemstones are slightly longer than they are wide
  • Marquise A marquise shape is an elongated oval that comes to a point at either end.
  • Emerald Emerald shaped or emerald cut diamonds are rectangular in shape, but include cropped corners, for a subtly elegant, but not overly flashy look.
  • Radiant Radiant cut diamonds are princess diamonds with additional facets for extra sparkle. This style makes smaller rings appear larger.
  • Heart Heart shaped diamonds may drive up the price of your wedding or engagement ring as the cutting required to create a heart shape is more labor intensive.
  • Pear Pear shaped gemstones or diamonds resemble a teardrop. They have a narrow point at the top and a round, full bottom.
  • Asscher Asher cut rings are having a moment. Shaped like an octagon, with varying levels (known as facets) it is both extra sparkly, and geometric.

Styles of Wedding Rings:

If you are looking for the perfect wedding band for your future husband or wife, you’ve got countless options. Here are some of the most popular styles.

Solitaire

There’s something to be said for a timeless diamond solitaire engagement ring accompanied by a simple band. Diamond solitaire rings are often available at significant discounts in pawn shops.

Cluster

A cluster wedding ring is a ring that groups together diamonds or other gemstones of varying sizes. The effect produced is one of a larger diamond or gemstone. Because the gemstones or diamonds are typically smaller, these rings can be a great option for maximum sparkle, without emptying your bank account.

Pavé

Pavé styles make rings look like they are entirely made of diamonds. They are similar in appearance to eternity bands, but with diamonds on the sides of the bands as well. Pavé rings have been popular for a long time and show no sign of losing their appeal.

Halo

Halo settings refer to the way the gemstones or diamonds form a circle around the center stone. While a halo ring made entirely diamonds is often jaw dropping (and makes the center stone look bigger), today people are often choosing to modify the halo ring by either selecting an oval shaped halo ring, or by using a different gemstone as the center stone. Sapphires, rubies, and emeralds are trendy as center stones.

Three Stone

As their name suggests, three stone wedding bands typically have a larger center stone surrounded by a smaller stone on either side. The stones form a row. Although diamonds are commonly set in three stone rings, others may feature a diamond in the center, flanked by brightly colored gemstones.

Eternity Band

Eternity bands are excellent choices for wedding rings, promise rings, or anniversary rings. Eternity bands are entirely made of diamonds on the top of the band. They are often just bands, although as an engagement ring, the band may be set with a solitaire as well.

Flush Setting

Flush settings are popular with both men and women. In flush settings the diamonds or gemstones are set inside the band, so that the band is smooth, without any gemstone protrusion. Flush settings may include a mix of diamonds and other gemstones such as blue sapphire.

Art Deco Style

Art deco styles of rings typically feature a bold, geometric design surrounding a center stone. It may also include a halo of smaller diamonds or include diamonds along the band, such as you’d find in eternity or pavé styles.

Etched Bands

Etching a gold, white gold, or platinum band leaves unique patterns in the band, resulting in bands that look like rope, or appear swirled. The etched style is popular in men’s wedding bands.

Shop for Designer Wedding Rings in Ontario

Central Mega Pawn carries designer engagement rings, and wedding rings for men and women. As the Inland Empire’s top-reviewed pawn shop serving Ontario, Upland, and Pomona we buy jewelry seven days a week. Whether you’re looking for the perfect gold and diamond solitaire wedding ring, or a men’s flush set wedding band, we carry a gorgeous selection of wedding rings and fashion rings, along with gold, silver, and platinum earrings, necklaces, chains, bracelets, and luxury watches. Visit us today on Central Avenue in Ontario for the best deals in the Inland Empire. Questions? Send us an email or call 909-627-9622.

Buying and Selling Morgan Dollars at a Pawn Shop

Buying and Selling Morgan Dollars at a Pawn Shop

You may also know them as the silver dollar, but the Morgan dollar has been a popular topic in the world of coin-collecting over the past century. Enthusiasts still trade them to this day, but what makes them so interesting? If you’re looking into buying and selling Morgan dollars at your local pawn shop in Rancho Cucamonga, Alta Loma, and Ontario, you should first know what you’re getting into.

The Return of the Morgan Dollar

To set a timeline for you, the Morgan dollar was first introduced to the public in 1878. It ran until 1904 and was brought back for a single year in 1921. As an exciting one-hundred-year anniversary gift, coin collectors were blessed with a 2021 return of the Morgan dollar. What does this mean for those looking to buy and trade these famous coins?

The 2021 Design

For its big return, the Morgan dollar came back with five different versions reminiscent of their original counterparts. The coin’s mint mark (the letter that defines where the coin originated) can be found just underneath the eagle on the reverse (or back) side which includes:

  • “D” for Denver
  • “CC” for Carson City
  • “S” for San Francisco
  • “O” for New Orleans
  • And no mark for Philadelphia

While the original coins were produced for circulation, the 2021 rerun has an uncirculated finish as it was created for collectors who recognize and admire the past Morgan dollar coins. Since it was brought back for collecting purposes, the composition has been enhanced to 99.9% pure silver. Other than the material, the design itself has stayed true to the first coins. The obverse features a profile view of Liberty wearing a flower crown, and the reverse proudly displays an eagle with a wreath of leaves just below it. The design by George T. Morgan (Mint Chief Engraver at the time) was meant to represent the country’s expansion into the west and its industrial evolution by the end of the 19th century.

Production Year(s)Composition
1878-1904 & 1921
  • 90% silver
  • 10% copper
202199.9% silver

The Quality of Older Morgan Dollars

It may be easy to find the value of newer Morgan dollars since they are very new, but older silver dollars are a completely different story. Existing coins have had many years to degrade which makes Mint State coins that much more rare and valuable. A majority of silver dollars are Fine grade or lower just because unless you’re making a conscious effort to maintain the condition, these coins are being used all over the place and are subject to rubbing and deteriorating. Considering this, the value of older Morgan dollars can go for around $40 on average. But if you’re lucky enough, your Morgan dollar could be worth thousands.

Where to Look For Signs of Wear

Because the level of protrusions on every Morgan dollar is the same, certain areas of the coin are more prone to wearing out than the rest of the coin. On the obverse, the areas that smooth out the most often are Liberty’s cheek, the refined parts of her hair, and the flower-like crown adorning her head. On the reverse, you’ll need to look out for the tips of the eagle’s wings as well as the tips of the leaves that make up the wreath just below the majestic bird.

Mint Mark Matters

The mint mark isn’t just an indicator of the location in which the coin is representing. It can also play a huge factor in how much the specific coin is worth. For instance, assuming the coins are in Good condition, a 1903 Morgan dollar from San Francisco may only be worth around $40 whereas a Morgan dollar of the same year but with a mint mark for New Orleans can be valued at nearly $300.

Dealing Coins At a Pawn Shop

Now that you understand all of the varying factors that make up the value of any particular Morgan dollar, there’s no telling what you’ll come across. If you own a silver dollar, it could be worth anywhere from $20 to $20,000. You may think that’s an exaggeration, but one of the most expensive Morgan dollars is the 1893 San Francisco in a Mint State for over $20k. The trick is to know what you have and to choose the best pawn shop in California.

When buying or selling silver dollars at a pawn shop in Rancho Cucamonga, Alta Loma, and Ontario, the level of expertise among the staff and how well they serve the community are huge factors in your final price. On top of knowing the anatomy of a coin and everything else that determines its value, you have to be able to trust who you’re working with. Reading the online reviews for a pawn shop before you go in can help you decide if it’s even worth the trip. The more 5-star reviews there are, the more likely they are to give you fair prices with excellent service.

Buy and Sell Coins at Central Mega Pawn!

Central Mega Pawn is by far the best place in the Rancho Cucamonga, Alta Loma, and Ontario areas for all of your coin-dealing needs. The staff is knowledgeable in everything there is to know about the coin-collecting industry so you can rest easy knowing that you’re in reliable hands. Central Mega Pawn constantly strives to be your number one choice when it comes to buying and selling any sort of valuables as a pawn shop that deals in general goods that cater to every type of individual. And with a constantly-rotating inventory, every day is a brand new day. Stop by any day of the week or call ahead at (909) 627-9622 for any questions you might have!

Do Pawn Shops Sell Authentic Gucci Belts and Accessories

Do Pawn Shops Sell Authentic Gucci Belts and Accessories

The Gucci name has a high prominence in the world of fashion, with belts being one of the most popular crazes surrounding their brand. In fact, you could even say that Gucci ignited the designer belt hype in the first place. A single belt fresh from the Gucci store can run you nearly a thousand dollars, but there’s a way to have a stylish closet without needing to break the bank. Reputable pawn shops in the Upland, Ontario, and Pomona area are your best bet for finding Gucci belts and accessories at a greater value because who said that high fashion needed to be expensive?

The Iconic Gucci Look

The appearance of a Gucci belt is unmistakable. Almost every belt, no matter the pattern or material, is crafted with a buckle proudly featuring their iconic symbol. It’s a genius design that’s instantly recognizable no matter how much (or how little) you know of designer brands. Even though it comes in varying sizes and thickness, the base design keeps its integrity so you always know that it’s Gucci. Even special edition belts preserve the basic look while adorning it with exclusive materials and patterns such as the torchon and pearl versions of the buckle. And of course their iconic look continues to transcend into their other accessories such as:

  • Shoes
  • Hats
  • Earrings
  • Bracelets
  • Sunglasses
  • Wallets
  • Shoulder bags

Why People Love Gucci Belts

The numerous traits of a Gucci belt makes it an excellent investment piece just as any designer handbag would. The quality of the materials, the practicality in the ways it can be worn, and the timeless look of the design can be admired for ages to come. If you were to stop anyone on the street who is wearing a Gucci belt, or any Gucci accessory for that matter, they will likely bring up one of those desirable characteristics of the brand. It’s no wonder that Hollywood Reporter declared it one of the best women’s designer belt brands out there.

Versatility In Coordinating Outfits

Because of the elegantly simplistic design of a Gucci belt, it can be worn effortlessly with practically any outfit. Formal, casual, business casual, and everything in between can benefit from a Gucci belt. And since each belt follows the same simple framework, it doesn’t matter whether you buy it new at the mall or secondhand by other means. If every belt garners the same result, those who are more in-the-know understand that looking to a top-rated pawn shop in the Upland, Ontario, and Pomona area is actually the smarter choice which will leave room in your budget to use on other pleasures.

Durability For a Long Lifespan

Gucci belts aren’t just for show. One of the reasons why they go for such a high price right off the assembly line is because of the quality of the materials used to make them. The more popular leather varieties are crafted with full-grained leather which is the strongest type available. Additionally, the iconic belt buckle consists of incredibly durable and hefty brass. Therefore, the materials alone factor into the majority of the price. The quality of leather ensures plenty of use with minimal wear and tear for as long as a couple of decades if treated properly. The integrity of a Gucci belt’s durability is due in part to its origination in Italy.

Taking Care of a Gucci Belt
  • Keep it away from any water source
  • If exposed to water, dry it off immediately with a soft cloth
  • Store it away in a flannel bag or box when not in use (this is sometimes provided)
  • Protect it from heat and direct sunlight by keeping it in a cool, dark place
  • Only ever clean it with a dry and soft cloth

Gender-Fluid Style Options

Anyone who indulges in Gucci belts will brag about the endless possibilities if you open your mind to it. Although the brand offers belts for both men and women, the styles allow for the means to interchange them accordingly. For instance, a larger men’s belt in brown may compliment a yellow sundress nicely, or a patterned women’s belt can add some exciting pizzaz to an otherwise ordinary business suit. Literally any Gucci belt can be used in any way as long as you think outside the box!

What About Other Gucci Accessories?

Of course, Gucci doesn’t limit themselves to just belts and handbags. According to Popsugar, some of the most popular Gucci accessories include:

  • Gucci GG Marmont Pumps
  • Gucci Double-G Stud Earrings
  • Gucci Trip Lug Sole Combat Boots
  • Gucci Houndstooth Wool Blend Tweed Bucket Hat

No matter your favorite type of accessory or what you currently need to upgrade your closet, there is a Gucci accessory out there that will fill the empty space with some of that iconic flair. But for complimentary pieces to be truly proud of, be sure to check out your local pawn shop. You’ll find unique items that you won’t see at retail stores, and for a much better price.

The Best Pawn Shop For Gucci Belts and Accessories

If you’re in the Upland, Ontario, or Pomona area, Central Mega Pawn is the best place for finding Gucci belts and accessories. With the fairest prices amongst the competition, the high traffic in the shop means a constantly-rotating inventory with new items every day. This makes it the best place for finding a Gucci belt or accessory that suits your style and at a price that can’t be beat. The friendly staff will gladly help you look for whatever it is that you need and will work out a price that benefits both sides. This is especially helpful since many competing pawn shops will always spin the price in their favor to make a profit.

Central Mega Pawn aims to provide the best possible experience to encourage regular customers to come back for any and all of their needs. Call (909) 627-9622 any day of the week with any questions or concerns you may have and the knowledgeable staff will gladly assist you!

Buying and Selling Designer Sunglasses at a Pawn Shop

Buying and Selling Designer Sunglasses at a Pawn Shop

With more than 275 sunny days each year in the Inland Empire, sunglasses are a must-have item in Ontario, Pomona, and Upland. But in Southern California, sunglasses are as much a fashion statement as your clothing, with designer brands in-demand all year. Since designer sunglasses are essential to wardrobes in SoCal, it’s no surprise that they are always in demand. This is great news for those looking to own luxury sunglasses without breaking the bank. It’s also great news if you own designer shades you no longer wear. Here is the definitive guide to buying and selling designer sunglasses at a pawn shop.

Should You Buy Designer Sunglasses from a Pawn Shop?

There’s a better question than “should I buy designer sunglasses from a pawn shop?” when looking to add a luxury accessory to your wardrobe. The better question is, “why wouldn’t you buy designer sunglasses from a pawn shop?” After all, why pay full price for luxury items when you don’t have to?

Pawn shops typically sell items for 30-40% less than the full retail value at traditional retail stores. Consider you want a pair of Tom Ford sunglasses that retail for $500. A 30% discount is a full $150 off! That’s significant savings.

Consider also that pawn shops often have limited edition items. This is because pawn shops buy their inventory from the people in their communities, not during a twice-yearly market. So you may very well find designer sunglasses at a pawn shop that are quite literally, impossible to find in traditional retail stores.

A third reason to buy designer items such as sunglasses is because pawn shops are surprisingly eco-friendly. Why? Well, to start pawn shops are typically much smaller than a traditional retailer, meaning they are using far less energy to heat or cool their space. That leaves a smaller carbon footprint.

Pawn shops don’t import items on airplanes, so there’s no excess fuel usage, or wasted packaging materials. Instead of having sunglasses flown across the country, wrapped in boxes, and filled with packing paper, at a pawn shop, you’ll likely walk out with the sunglasses and their case, and no significant harm to the environment.

Should You Sell You Designer Sunglasses to a Pawn Shop?

The main reason to sell your sunglasses to a pawn shop is to make money from items you no longer need or want. If you’re a person who upgrades their sunglasses every year, you might as well turn your old sunglasses into instant cash.

Likewise, you may want to consider that there aren’t necessarily a lot of other outlets for selling designer sunglasses that aren’t a hassle. If you sell them online, you’ll be responsible for responding to texts or emails. You may have to deal with people trying to get the glasses for a lower price. You may find potential customers want you to authenticate that your sunglasses are real, and your only real proof is a photo.

If you choose to list your designer sunglasses on a resale website, you’ll need to be responsive to customers, you’ll be tasked with packing and shipping them. If your items get lost in delivery, you’ll have a headache to sort out with the online site. And don’t forget, they will take a cut from your profits.

Pawnshops on the other hand, buy and sell items every day. That doesn’t mean that every pawn shop will specialize in luxury items including jewelry, handbags, and sunglasses. But pawn shops in places like the Inland Empire where brand name sunglasses are in demand year-round, are often interested in them.

Working with a pawnshop makes selling your designer sunglasses easy. Simply clean the glasses, bring them with the case, and any paperwork or box you have to the shop. If the shop is interested, they will make you an offer. If you don’t like the offer, you can try to negotiate for more money. If you get the price you want, you’ll leave with cash in your pockets, and no annoying trips to the post office.

Sunglasses: Who are the Top Designers in 2022?

Designer sunglasses are a hot commodity. But some designers are more coveted than others. Some of 2022’s most stylish, sophisticated, and sought-after sunglass designers in 2022 include:

  • Gucci
  • Prada
  • Versace
  • Burberry
  • Fendi
  • Chanel
  • Tom Ford
  • Christian Dior
  • Ray-Ban
  • Dolce & Gabbana
  • DKNY
  • Valentino
  • Oliver Peoples
  • Tori Burch
  • Tiffany & Co.
  • Coach
  • Persol
  • Moscot
  • Jacques Marie Mage
  • Lexxola
  • Barton Perreira
  • Matsuda

Financial Bind: You May Be Able to Pawn Designer Sunglasses for Instant Cash

If you have high-end sunglasses that you don’t want to part with, but you need cash in a hurry, pawning your shades may be an option. Pawn loans are collateral loans, that have no impact on your credit score.

To secure a pawn loan using your sunglasses as collateral, simply take your sunglasses to a local, reputable pawn shop. The pawnbroker will look at your sunglasses, and determine whether they could sell them, if you default on your loan payments. If your sunglasses are in good condition, and the shop believes they could sell them if they had to, the pawnbroker would make you an offer. It’s important to note that the loan amount will be for a fraction of the value of the sunglasses, not the full value of them in a store.

If you accept, your paperwork will be drawn up, and you will relinquish temporary possession of your sunglasses. The pawn shop will give you the money (in cash) and will securely store your sunglasses until you pay off your loan. Once your loan is paid in full your glasses will be returned to you. If you do not honor the terms of your pawn loan, you will relinquish ownership, and the pawn shop will sell your sunglasses, to make up for their losses.

We Buy and Sell Designer Sunglasses in Ontario

Central Mega Pawn serving Upland, Pomona, and other communities in the Inland Empire is a pawn shop that specializes in luxury items such as designer sunglasses. At our shop on Central Avenue in Ontario, we carry luxury watches, designer handbags, brand-name power tools, high-end recording equipment, and premium electronics.

Central Mega Pawn is open 7 days a week. We comply with all state regulations, as a proud member of the California Pawnbrokers Association. Have a question about designer sunglasses you want to sell? Contact us at 909-627-9622 or feel free to message us with any questions.