Pawn Shop Experiences?

Kosmiche

Kosmiche

Kosmiche

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Joined
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North Wales
I have a Citizen Calibre 2100 stainless steel men's watch I've grown tired of having owned it for 7 years and thought of taking it to a "cash 4 gold" type place.

Just wondering what is a reasonable value of a well worn 7 year old watch that sells new online for in the region of £300?

Also do's and dont's when talking at these places?

Thanks...and go ahead and share your experiences and advice.
 
seems like a bad move - you'd surely get more just selling it on ebay etc.. then again you're not going to get much for it anyway
 
Their initial offer will probably be half of the actual price tag they plan to put on it.


Also don't hesitate to say no. I went to cash converters with an old laptop once, a greedy **** offered me £5 because and I quote "its got Windows 8 on it mate". Went in a month later with the same laptop and a polite lady gave me £45 for it.
 
If its cash converters do you just treat it like a pawn shop and haggle with them? Or will they kick you out or something.
 
Yeah you can haggle if you're selling to them.

I'm not sure if you can for buying, never bought anything from Cash Converters.

I wouldn't recommend cash converters though I only used them twice when my eBay account was broken. They obviously need to make money and most times they will just not bother with things with less than 50% margin due to the sheer amount of people/crack heads who are willing to sell them items at 50% of actual value.
 
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God some people are so desperate! £300 new, 7 years old and well worn = worth thruppence on eBay, never mind some ***** stolen goods retailer.
 
I wouldn't consider selling anything of any real value at such a place to be honest... unless you really need £100 in the next couple of hours else big Paul's gunna break yours legs or something.
 
Sometimes if they're interested but unsure they'll usually make a phone call and get in a guy they know who can tell you a bit more about it. They do also have overheads, and with the way the market is sitting all the risk is with them. With the way the market has also been too, the best they can probably do is a 33% offer on their own sale value.
 
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They will try to rip you off. I remember taking a netbook in there which would probably have fetched over £100 on Ebay at the time, and they tried to offer me £25. I loled and walked out.
 
My Brother-in-Law had his golf bats stolen from his garage early last year. A few weeks later he was walking past the local Cash Converters and spotted them sitting in the window. They're more of a legalised fencing operation than a pawn shop.
 
Malevolence said:
My Brother-in-Law had his golf bats stolen from his garage early last year. A few weeks later he was walking past the local Cash Converters and spotted them sitting in the window. They're more of a legalised fencing operation than a pawn shop.
Click to expand...

hope he called the police and got them back from the store
 
I was offered £30 pound for a HTC mobile a couple of years ago at a pawn brokers. I walked out in disgust and sold it online for £65. Even £65 made me wince as the phone was mint and worth more, but that's all I could do.
 
Pawn shops are only good if you're buying. I get PS3 games for like £3 from there. How little must they be paying the guy who's selling!
 
Try various places and you will he surprised at the different offers. I had a load of crap gold and I also have a set of precision small scales from my drug dealing days (joke) found them in a far I once cleaned when working as valet at a car showroom. But two out of the four gold buyers I went to gave me a price for a weight a couple of grams lower than I actually had and with gold prices being what they are that was a fair bit of cash the robbing so and so's were trying to cheat me out of.
 
For all the haters and uninformed, you might want to consider that most of the CC shops have state of the art CCTV, take photo id and recent proof of address (for every transaction, not just once per customer), run every item serial number and IMEI number through lost/stolen police database and are up-to-date every morning of recent and local burglaries in the area with emails direct from the police......how many checks do you guys do when you buy something secondhand? :rolleyes::rolleyes::rolleyes:

The procedure cannot be any more efficient, things will always slip through, and when we find out something has we will always try our best to get the item back to the original owner.

Also, of course you will make more money selling it privately. Its a business which has bills to pay and money to make...how can people not think of this?? :p:p:p

As you've probably guessed I have my own cash converter stores, we offer a fast, clean service with cash same day with no hassle of worrying about the item once it's sold.

I can only speak for my stores, but the stories above are completely untrue to what we do. If we were to offer £25 for a £100 laptop we would be closed within a couple of months due to ripping people off and upsetting the community.
 
I have only ever had one experience of a pawn shop and it was fine. It was a digital camera.

I brought evidence of how much it was new vs how much it is worth now second hand on the bay and various other websites and managed to wiggle my way to getting £10 less than the average resell value based on eBay/gumtree etc.

Pretty sure the guy was new though so backed down easy.
 
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