Are pawn shops interested in loose gemstones? Yes, pawn shops are constantly on the lookout for gemstones. If you have a collection of loose gemstones, you can sell them to a pawn shop such as River City Pawn for quick cash.

Read on to learn more useful facts you can equip yourself with before selling loose gemstones in pawnshops.

Top Reasons Pawn Shops Are Your Best Option

While there are various ways you can sell loose gemstones, such as in a jewelry mall or directly to a jeweler, these are not as quick as pawn shops. Pawnshops are equipped with the necessary tools to identify and confirm the authenticity of gemstones. 

Pawn shops rely on their expertise in recognizing gemstones and checking whether it is authentic or not. If a pawn shop is not interested in buying your gemstone, it will give you an honest appraisal aside from offering you a fair price.

It is improbable to find a buyer or jeweler who will purchase them all at once for those who have a collection of loose gemstones. This, however, can be solved by selling them to a pawn shop. If you have a variety of loose gemstones, a pawn shop will likely have a buyer for every gemstone.

Pawnshops are renowned for extending loans or purchasing a wide range of items and gemstones. It is also known for giving a fair price for even the most valuable gems.

What Kind of Gemstones Do Pawn Shops Buy?

Pawn shops purchase a variety of gemstones, including colored gemstones and diamonds. If you are thinking of selling colored gemstones such as topaz, garnet, and amethyst, you can sell them to a pawn shop.

Depending on the gemstone, you may need to take it to a local jeweler or pawn shop. If a pawn shop is interested in buying your gemstone, it will first check the color and cut. Pawn shops usually purchase high-quality colored gemstones.

Brown and white-colored gemstones, on the other hand, are not in demand so much among pawn shops. They usually purchase only those gemstones that are considered valuable.

Pawn shops are interested in purchasing various diamonds, including round, pear, and oval diamonds. They can assess the color grades of diamonds, such as D and K grades.

How to Maximize the Value of Your Gemstones

Before selling your gemstones, there are a few crucial things you must do to maximize the value of your gemstones. First and foremost, you should clean your gems properly before visiting a pawn shop.

Gemstones that are clean, shiny, and not chipped look more attractive and valuable. There are various methods to clean your gems, but sticking to the safest methods is highly recommended to avoid damaging them.

Weigh your gemstones accurately as well before bringing them to a pawn shop. Ensure that you have the gemstones in a sealed plastic bag before getting them to the pawnshop.

Final Advice

Before selling loose gemstones, it is highly recommended that you visit a pawn shop to find out its buying policies and procedures. Knowing how much the pawn shop will buy your gemstones and other essential information is essential.

Do you have any old, broken, or unwanted gemstones lying around? Then come on over to River City Pawn! Our pawn shop in Murray, KY, buys scrap jewelry and gold and guarantees to pay you the best price based on the daily market value. Reach out to us today!