The 7 Best Pawn Shops in New York

Exploring the diverse and bustling streets of New York, you’ll find an array of unique shops that capture the city’s eclectic spirit. Among these, pawn shops stand out as intriguing places where history meets commerce. Whether you’re a collector, a bargain hunter, or in need of quick cash, these establishments offer a range of services and opportunities. In this guide, we will introduce you to the 7 best pawn shops in New York, where each store has its own charm and specialties.

When considering a visit to a pawn shop, here are some services you might encounter:

  • Loan Services: Obtain short-term loans using personal items as collateral, with interest rates that vary by shop.
  • Appraisal Services: Professional evaluations of your items’ worth, often free of charge.
  • Buying and Selling: Purchase unique items or sell your own, ranging from jewelry to electronics.
  • Layaway Plans: Flexible payment options to secure your desired item over time.

Aspects to consider when choosing the right pawn shop include:

  • Reputation: Look for shops with positive reviews and a long-standing presence in the community.
  • Interest Rates: Compare rates to ensure you’re getting the best deal for loans.
  • Item Selection: Some shops specialize in certain categories, such as antiques or luxury goods.
  • Customer Service: Friendly and knowledgeable staff can enhance your experience.

Join us as we explore the fascinating world of pawn shops in the city that never sleeps, uncovering hidden gems and valuable finds along the way.

7

Number of companies

1931

Verified reviews

4,63

Average rating

New York One Pawn
(212)2788282

1. New York One Pawn

5,0/5
67 W 47th St, 10036.0, New York
  • Pawn shop
  • Diamond buyer
  • Gold dealer
  • Jewelry buyer
  • Jewelry store
  • Loan agency

Why we chose them

New York One Pawn has established itself as a premier destination in Manhattan for those seeking reliable pawn services and hidden treasures. With over 40 years of expertise, this family-owned business specializes in offering top-dollar loans and fair purchase offers for a wide array of valuables, including diamond jewelry, luxury watches, estate pieces, gold, silver, coins, and bullion. Known for their no-appointment-necessary policy, they make it easy for customers to secure the cash they need swiftly and efficiently. Their commitment to excellent customer service, as highlighted by numerous positive reviews, ensures a trustworthy and accommodating experience for every client.

In addition to their extensive pawn services, New York One Pawn also functions as a comprehensive jewelry store and loan agency. They provide free appraisals and are well-versed in the buying and selling of luxury items, from vintage jewelry to sports memorabilia. The company recently expanded its offerings to include money transfer services and both jewelry and watch repair, demonstrating their dedication to meeting diverse customer needs. This combination of services, alongside their reputation for professionalism and respect, makes them a standout choice for individuals seeking financial assistance or looking to uncover unique finds in New York City.

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Loansrus
(212)9962675

2. Loansrus

4,6/5
156 E 116th St, 10029.0, New York
  • Pawn shop
  • Repair service
  • Second hand store

Why we chose them

LoansRus stands out in our directory for its unique blend of services, offering on-the-spot collateral loans and a diverse selection of items for sale. Specializing in consumer electronics, gaming consoles like PlayStation and Xbox, musical instruments, and jewelry, they provide a convenient solution for those in need of quick cash or looking to find quality second-hand items. Their approach to buying and taking collateral makes them a go-to for individuals looking to leverage their valuables efficiently.

Beyond just a pawn shop, the company extends its expertise with repair services, ensuring that items like studio equipment and electronics are in top condition. This dedication to quality and customer satisfaction highlights their commitment to serving their community with integrity and reliability. Their focus on a wide range of collectibles and valuable items positions them as a trusted name for both buying and selling high-demand goods.

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Paymore
(212)5972782

3. Paymore

4,7/5
251 W 23rd St, 10011.0, New York
  • Pawn shop
  • Camera store
  • Cell phone store
  • Computer accessories store
  • Computer store
  • Drone shop
  • Electronics store
  • Used appliance store
  • Used computer store
  • Video game store

Why we chose them

Paymore – Buy, Sell & Trade Electronics stands out as a versatile destination for electronics enthusiasts and savvy traders. This company offers a diverse array of services, including operating as a pawn shop, camera store, cell phone store, and more. They provide a unique platform to sell and trade electronics, promising generous compensation and instant cash for various gadgets, from the latest iPhones to gaming systems. With an emphasis on data security, they ensure all devices undergo thorough data wiping, safeguarding customer privacy. Their commitment to reducing e-waste and extending the lifecycle of electronics makes them an eco-friendly choice, encouraging community participation in sustainable practices.

Known for their industry-leading warranties and competitive pricing, Paymore is ideal for those seeking pre-owned electronics without sacrificing quality. Their inventory, which includes laptops, drones, and smart home devices, is constantly updated, catering to a wide range of preferences. Customers can choose to shop in-store or online, enjoying significant savings on new and like-new electronics. The company’s emphasis on a quick, simple, and secure transaction process, coupled with the option for store credit, allows customers to trade in outdated devices for a diverse selection of new gadgets. Paymore’s expansion across the country reflects its growing popularity and dedication to serving local communities.

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Jewelry Buyers, Diamonds By Jacob
(646)4004553

4. Jewelry Buyers, Diamonds By Jacob

4,9/5
Diamonds by Jacob, 36 W 47th St E06, 10036.0, New York
  • Pawn shop
  • Diamond buyer
  • Gold dealer
  • Jewelry buyer
  • Watch repair service

Why we chose them

Jewelry Buyers, Diamonds By Jacob, operating under the name Estate Jewelry Appraisers, is renowned for its expertise in evaluating and purchasing fine jewelry. Their services include acting as a pawn shop, diamond buyer, gold dealer, jewelry buyer, and watch repair service. With decades of experience and the latest techniques, their team provides expert estate jewelry appraisals recognized by insurance companies and attorneys alike. They specialize in buying various items, including diamond jewelry, platinum, palladium, watches, Rolex, coins, bars, bullion, and precious stones, making them a leading choice for selling estate jewelry in New York City.

The company prides itself on offering high-paying prices and a convenient selling process, ensuring clients receive fair and competitive offers for their valuables. Their appraisers possess deep knowledge of jewelry history, allowing them to accurately identify and evaluate different types of estate pieces. They conduct the appraisal process with confidentiality and integrity, providing detailed assessments based on material, age, condition, and current market conditions. Clients are assured of expertly authenticated evaluations and enjoy free, fully insured shipping options, making the process seamless and efficient. Their reputation for professionalism and attention to detail sets them apart in the field of estate jewelry appraisal.

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Lincoln Square Pawnbrokers
(212)8658860

5. Lincoln Square Pawnbrokers

4,8/5
724 Amsterdam Ave, 10025.0, New York
  • Pawn shop
  • Diamond buyer
  • Gold dealer

Why we chose them

Lincoln Square Pawnbrokers, Inc. has been a trusted name in the heart of New York’s Upper West Side since April 1946. For over 70 years, this family-owned business has maintained its commitment to ethical practices and exceptional customer service. The company distinguishes itself by offering grace periods that exceed New York State mandates, ensuring customers have flexibility and peace of mind. Their dedication to ethical business practices and outstanding service has fostered a loyal customer base, setting them apart from the competition.

Specializing as a pawn shop, diamond buyer, and gold dealer, they provide on-the-spot cash loans for items such as gold and diamond jewelry, watches, and electronics. Customers benefit from reliable transactions and secure bank vaults, ensuring discretion and security. Additionally, they offer services like watch battery replacements while you wait and feature an extensive selection of items on their eBay store. This blend of traditional pawnbroking and modern retail services makes them a standout choice for those looking to pawn, sell, or purchase valuable items.

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Low Percent Pawn Shop
(212)2211110

6. Low Percent Pawn Shop

4,3/5
58 W 47th St #40, 10036.0, New York
  • Pawn shop
  • Coin dealer
  • Gold dealer
  • Loan agency

Why we chose them

Low Percent Pawn Shop stands out for its unique approach to providing instant cash loans. Customers can simply bring in their new or used gold, silver, diamonds, watches, or jewelry and receive cash on the spot. With a focus on customer satisfaction, the company offers low monthly interest rates, ensuring that financial relief is accessible and affordable. As a licensed, bonded, and insured business, clients can trust that their transactions are secure and handled with professionalism.

In addition to its pawn services, the shop also operates as a coin dealer, gold dealer, and loan agency. This versatility makes it a one-stop-shop for those looking to buy or sell precious metals or secure a loan. The company’s commitment to offering competitive cash payouts for gold further highlights its dedication to customer value. With a straightforward and reliable service model, this business is an essential addition to our directory, recognized for its trustworthy and efficient financial solutions.

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Ny Pawnbrokers, Inc
(212)2287177

7. Ny Pawnbrokers, Inc

4,1/5
177 Rivington St, 10002.0, New York
  • Pawn shop
  • Money order service

Why we chose them

NY Pawnbrokers, INC. stands out in the bustling world of Manhattan pawn shops with over 35 years of experience. Known for buying and holding items, this large pawnshop offers an impressive range of services, including pawn shop and money order services. They cater to a diverse clientele by pawning, buying, and selling everything from jewelry and cameras to vehicles and designer handbags. The company prides itself on offering some of the best collateral loan interest rates in the US, making it an attractive option for those in need of financial assistance.

The company operates two convenient locations in New York City, drawing customers from both the Bronx and Manhattan. With a reputation for great buys on used merchandise, NY Pawnbrokers, INC. has become a trusted name for those seeking quality products at competitive prices. Their pawning process is straightforward, requiring customers to be 18 years old and possess a legal ID, ensuring a secure and efficient transaction. This combination of reliability and extensive experience makes them a valuable addition to our company directory.

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FAQs

What services do pawn shops in New York typically offer?

Pawn shops in New York often provide loan services, appraisal services, buying and selling of items, and layaway plans. Each shop may specialize in different types of goods, such as jewelry or electronics.

How do pawn shop loans work in New York?

Pawn shop loans in New York are short-term loans where personal items are used as collateral. The loan amount depends on the value of the item, and you must repay the loan plus interest within the agreed timeline to retrieve your item.

What are the average interest rates for pawn shop loans in New York?

Interest rates for pawn shop loans in New York typically range from 10% to 25% per month. Rates can vary, so it's advisable to compare different shops to find the best deal.

How can I ensure I'm choosing a reputable pawn shop?

To choose a reputable pawn shop, look for establishments with positive reviews and a long-standing presence in the community. Consider their customer service, interest rates, and the variety of items they handle.

What should I consider when selling items to a pawn shop?

When selling items to a pawn shop, consider the shop's reputation, the offered price, and whether they specialize in the type of item you're selling. It's often beneficial to get multiple appraisals to ensure a fair price.

How are items appraised at pawn shops in New York?

Items are appraised based on their condition, market demand, and intrinsic value. Many pawn shops offer free appraisal services conducted by professionals who assess the worth of your items.

What is the typical price range for items sold at pawn shops in New York?

The price range for items sold at pawn shops in New York varies widely, from as low as €50 for small electronics to several thousand euros for luxury items like high-end watches or jewelry.

How do layaway plans work at pawn shops?

Layaway plans at pawn shops allow you to secure an item by making a deposit and then paying the remaining balance over time. This flexible payment option helps you purchase desired items without paying the full price upfront.

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