Finding Gold Buyers in St. Louis

by | May 6, 2013 | Money And Finance

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Times are tough and with the economy the way it is today being a little creative in thinking of ways to make money can mean extra money in the bank for you. Cleaning out your basement, attic, garage and even the gold jewelry in your jewelry box brings you across many items that are in great shape that you haven’t used in years and probably forgot you even have. Taking them to the pawnshop or gold buyer to see what you can get for them is a great way to make a little extra money.

Pawnbrokers or Gold Buyers in St. Louis operate pawn shops or stores which allow people to sell items and get cash for them or use items as collateral for cash with the intention of picking the item up at a later date which is decided in advance with the broker. Should the individual return to reclaim the item they have to pay back the original cash amount that was paid to them plus interest. If they don’t reclaim the item then the shop owns it and can sell it to somebody else. Some of the most common items sold are electronic items such as a radio or television and musical instruments as well as gold or silver jewelry. There are some pawnshops who sell firearms as well. These pawnshops would need a license to sell these items and the customer would have to meet state and federal requirements. Pawnbrokers also have to assume that some items could be stolen, but there are laws that protect them and the customer if the unknowingly have a stolen item.

There are a number of ways to find a pawn shop or gold buyer in your area. You can start by picking up the telephone directory and searching the yellow pages for pawn shop or gold buyers. Another way to find pawn shops or gold buyers is to do an Internet search using a popular search engine such as Google or Bing and typing in Gold Buyers in St Louis or gold buyers. You will see numerous websites listed that you can then research to find the information you are looking for.

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