Frequently Asked Questions

What’s the difference between selling and pawning?

Selling unwanted items is a quick way to get cash.  However, if you don’t want to give up an item, you can use it as collateral for a pawn loan.  When you pay off the loan, you get your item back.

What can I pawn or sell with Pawntique?

Jewelry, watches, coins, antiques, artwork, classic cars, motorcycles, boats.

What about TV’s and computers?

No.  These items are too bulky to be shipped economically.  We can recommend pawn shops in your area that are better suited to handle these items.

What is the min/max amount I can borrow from Pawntique??

Our minimum pawn loan is $100 and we can loan up to $1,000,000.

How do you determine my loan or buy offer?

Our expert appraisers assess your item to determine its resale value. We typically offer 60-70% of the resale (second hand) value of your item.

How long does it take to get cash?

If you have good information to describe the item, you could have the money in 24 to 48 hours.

How is an online pawn shop different from my local pawnshop?

Online pawn shops offer lower rates of interest, larger loan amounts, and higher valuations.  They also offer the convenience and confidentiality of conducting the whole transaction from the privacy of your home or office.

What if my item isn’t worth enough to reach the minimum loan amount?

Other items can be combined to reach the minimum?

Do most pawn customers lose their merchandise?

80% of all pawn loans are repaid and the item returned to the owner. Repeat customers make up a majority of the business, similar to any other lending or retail establishment.

Can I pawn something for someone else?

No.  You must be the owner of the item.   But we do have a referral program where you can receive $50 for each friend you refer.

What is the Online Pawn Shop Fee?

Typical fee is 3-6% per month.

How long do I have until I have to pay off the advance?

Three months.

Are there any monthly payments?

No payments are due for three months. Then you can reclaim the item for the amount advanced plus the pawn fee.

Can I extend the agreement?

At the end of the three months, the agreement can be extended for another three months by paying the pawn fee due.

What happens if I can’t pay or I don’t want the item back?

If you would like us to sell the item for you, we will get the best price we can. We’ll payoff the loan amounts and fees, deduct a 5% sales commission, and return any surplus to you.

Are shipping costs extra?

For jewelry, watches, gold, coins, and small antiques, shipping is free. There may be shipping charges assessed for bulky items such as artwork, classic cars, motorcycles, etc 

Can you send an appraiser to my home or office?

For high value items such as art, antiques, classic cars, etc. we will send one of our appraisers to your location.

Are the assets insured while in storage?

Yes. Your valuables are insured from the moment they leave you to the moment you receive them back.

What if I want to pay off the loan early?

There is no prepayment penalty. You will be credited for the unused days.

How do I make payments when due?

However you want!  You can use a credit card, authorize us to make ACH deductions directly from your bank account, send us a check or wire transfer. 

Isn’t the pawn fee expensive?

Yes, compared to bank loans or credit cards, if you have access to them.  However, our loan clients consider the fee to be a reasonable price to pay to solve their short term cash problem.

How do your rates compare to my local pawn shop?

We recently surveyed shops in our area and rates were from 10-25% per month. Loan terms were only for one month at a time.

Do you check my credit history?

No. We depend on the current resale value of your valuable item to secure your pawn loan.

Do you report this loan to the credit agencies?


Do you require personal guarantees?


Do you verify my employment history?


What if I want to sell my item?

We can buy your item so you don’t have to sell it on EBay, Craigslist, or other online sites. 

Couldn’t I get more money selling it myself?

Yes.  But, unless you frequently sell items online and have an established seller rating, you will have a difficult time getting buyers to deal with you.  Then you need to deal with the online public, including spammers and scammers.  Shipping and payments are other hassles of online sales.  Our clients appreciate the speed and convenience of our service.

How long does it take to get a quote?

Our appraisers can often respond immediately to emails and phone calls.

How do I get started?

Submit the short application form and upload photos of the item.