Used Jewelry in San Francisco
MAXFERD JEWELRY & LOAN
If you are looking at buying, selling, or pawning used jewelry in San Francisco, you are at the right place.
Maxferd San Francisco opened its doors in 1884. It’s the oldest continually operated pawn shop in San Francisco and the entire continental United States.
We specialize in pre-owned jewelry.
Our San Francisco pawn shop has been called “the Tiffany of pawn shops” – an eloquent testimony of its reputation.
Read on to learn why it’s better to buy used instead of new jewelry. And why buying or selling used jewelry at a San Francisco pawn shop should be your first choice.
Our Maxferd San Francisco pawn shop has in-house experts specializing in used jewelry.
Why Buy Used Jewelry?
The short answer is value for money.
Have you ever wondered how jewelry stores can have 50% off, 60% off, and even 70% off sales several times a year and still make money?
They have huge margins, selling jewelry at inflated prices. By the time you want to sell or pawn your jewelry and find out what it’s really worth, it’s too late.
It’s All About Market Value
Market value or OMV (Open Market Valuation) is the price at which an item would sell in a competitive auction. It’s the price that a willing buyer is prepared to pay a willing seller.
The price you pay for new jewelry at a jewelry store is typically significantly higher than what it would fetch on auction. Buying pre-owned jewelry gives you much more value for money!
For more information and examples, refer to our article on how pawn shops determine value.
Where to Buy or Sell Used Jewelry in San Francisco?
You have several options on where to buy or sell used jewelry in San Francisco. It includes pawn shops and online marketplaces such as Craigslist, Facebook Marketplace, and eBay.
However, there are several advantages pawn shops offer that online marketplaces cannot match. It includes:
Option to Pawn Instead of Sell – Pawn shops specialize in offering short-term collateral loans. You don’t have to sell your used jewelry to get cash, you can pawn it. No online marketplace offers this option – once you sell an item on Craigslist, eBay, or Facebook Marketplace it’s gone for good.
Layaway Program – Found a stunning piece of jewelry but don’t have the cash to buy it straight away? Most pawn shops offer a layaway program that allows you to pay the item off over a period of time. Once it has been paid, you can collect it.
See Before You Buy – There’s no substitute for touching or holding the jewelry you want to buy.
No Suspicious Products – With pawn shops you don’t run the risk of buying fake or stolen jewelry. It’s the last place a thief wants to sell stolen jewelry. You’re much more likely to find fake or stolen jewelry in other shops or marketplaces.
Safe From Scammers – There are many myths about pawn shops, but they are one of the most regulated industries in the United States. The same can’t be said for online marketplaces. For example, a site like Craigslist is known to have many scammers buying and selling used jewelry.
Accepts Broken Jewelry – Pawn shops usually have no problem accepting broken gold and silver jewelry. Selling broken jewelry to individuals or on sites like eBay can be a challenge.
Free Evaluations – Pawn shops typically have years of experience dealing with jewelry. And many have in-house experts that specialize in jewelry evaluations. An evaluation service isn’t something that online marketplaces provide.
No Shipping & Handling – A pawnshop doesn’t charge shipping & handling fees unless you want the item to be shipped somewhere else. With sites like eBay, shipping & handling fees can get quite expensive.
Easier to Negotiate – It’s much easier to negotiate with a friendly person in a pawn shop than with a total stranger on an online marketplace.
No Waiting – Whether you want to sell or pawn used jewelry, you can get cash for it on the same day you take it to a pawn shop. And if you want to buy pre-owned jewelry, you can have immediate access to it.
If you are looking at buying, selling, or pawning used jewelry in San Francisco, visit us.
Note that Maxferd San Francisco also offers a jewelry and watch repair service.
Maxferd San Francisco is conveniently located at:
201 Kearny St.
San Francisco, CA 94108
Corner of Kearny / Sutter
Our office hours are:
Monday to Friday: 10:00 AM – 6:00 PM
Saturday: 10:00 AM – 5:30 PM