When you have a few things to sell, how do you choose? There are differences between a Philadelphia pawn shop vs. online marketplaces. The key to where to sell your valuables lies in your goal. If you want fast cash, like we offer at Cash Express, going to a local pawn shop is the way to go. If you don’t mind working a lot harder to find a buyer, but potentially make a little more money, then you have the online marketplaces. 

Tip: It’s worth noting that while relatively new, some pawn shops have gone to a hybrid model, with both online and in-person buying and selling. 

A Closer Look at Online Marketplaces 

Being able to remain in the comfort of your home while selling valuables has an appeal. You set your price and handle all the negotiations. Even in the post-Covid environment, there are several online platforms for buying and selling goods. Two examples are Craig’s List, which has been around for over 30 years, and the Facebook Marketplace launched in 2016. Mailing also presents risks, so consider getting tracking and insurance. 

The Online Marketplace Unknown Factor

There is some “stranger danger” on the internet, however. You never know for certain with whom you are dealing. If you offer the option for “pick up,” anyone could come to your door and you may not be happy with the results. Let’s take the example of someone buying your item “cash and carry”. When they arrive, they may have far less money in hand than discussed (hoping, of course, you’ll be tempted to take it happily). This is a waste of your time when serious buyers remain waiting for contact. It’s easy to lose buyers this way. They go elsewhere looking for what they want. 

Our Philadelphia Pawn Shop, PA: A Closer Look

Pawn shops are nothing new. They’ve been around for thousands of years, during which the process of pawning hasn’t really changed much. We serve the local community while you have the chance to meet your buyer in a regulated environment.

Stores like Cash Express have onsite professionals who can assess the value of your goods, like jewelry, right away.

No Hassle Selling

The city of Philadelphia, PA, has specific regulations for pawn shops, including requiring licensure and insurance. There’s no hassle in selling your goods, and we provide you with a fair offer. And you don’t always have to sell your possessions outright. You can choose the alternative of a short-term loan that gets you over a financial hump. You can walk in and be out on the same day with your cash.

Understand in advance you won’t get full market value for your item(s). If what you have isn’t in high demand, they may decide against buying or loaning. So, if you’re not sure, you can call the shop ahead of time (215-922-1560). 

The more desirable the goods, the greatr your percentage becomes. And, you have the right to haggle, or just say no. Unlike online marketplaces, you don’t have to ship your item to the pawn shop!

At Cash Express, we’re always on the lookout for unique items, like antiques. Precious metals and boutique items like diamonds, designer bags,  and high-end watches are also in demand. If you’d like more information, you can use our online contact form or email info@pawnphiladephia.com. Better still, come and see us. Our showroom is located at 731 Chestnut St., Philadelphia, PA 19106.