Pawn loan amounts are based on the item’s current appraised value, condition, and our ability to sell the item.

While your item is in pawn, you still own it. It is our responsibility to keep it safe and in good condition while it’s in our care. When you give us an item for a pawn, we keep all accessories (remote controls, cables, etc.) with your item and place it in a secure area. Your item is safely stored until you return to pay your pawn loan in full and reclaim it. Pawn America is fully insured for the loan value of the collateral we keep.

Loan amounts vary according to the item’s value. There is a $10 minimum amount on a pawn transaction, but the maximum amount may be set by state pawn laws. Your loan amount will be determined according to other factors as well, such as product demand and condition of the item. Not all pawn stores are the same, and prices may vary.

When jewelry is the collateral for a pawn loan, we test the precious metals and diamonds to determine its worth. The diamond testing includes a visual inspection using a jeweler's loupe, weighing the item, sizing (determining carat weight of) any stones, and noting the cut/color/clarity of each. Additionally, we test the metal using a special acid that determines the karat of gold. This is done to ensure a clean test so there are no false readings on your item that may detract from what we can loan you.