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From the category archives: Metro Pawn and Gun

Gold

Unlocking Wealth: Metro Pawn & Gun's Guide to Adding Gold to Your Portfolio

Explore the enduring allure of gold in Metro Pawn & Gun's in-depth guide. Witness the historical rise of gold's value, its role as a safe haven in crises, and diverse investment forms. Trust Metro Pawn & Gun, your Minneapolis partner, for expert advice.

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Coin Collecting with Metro Pawn & Gun

Discover the joy of coin collecting with Metro Pawn & Gun. From novice to expert, explore diverse collections, find rare coins, and unlock investment potential. Your trusted pawn shop in Richfield & Minneapolis, MN.

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Garage Sale vs. Pawn Shop

Many people often go through their household inventory, clean and reorganize. Fall is not only a new season, but an opportunity to clean house and streamline life in general.

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The Pawn Process

“Pawning” is a process in which you bring an item into the pawn shop in exchange for a cash loan. For example, you might pawn a gold wedding ring as collateral for a $250 loan.  If you repay the loan by a predetermined date, you can retrieve your gold ring. The loan repayment amount will include interest and fees that are typically regulated by the state. You also have the option to extend the repayment time frame, although this will incur continuing interest. If you fail to repay the money on time, the pawn shop takes ownership of the ring and can offer it for resale.

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Collecting Coins

Coin collecting is a hobby enjoyed by many people, young and old alike. Some focus on old coins, some on the newly minted. Others enjoy the variety of amassing coins from around the world, or a particular country of interest. Collectors range from the casual aficionado to the hardcore experts who will pay top dollar for what they seek. It can be a hobby that is easy on the checkbook or one that takes a fair level of financial investment. One thing is certain, if coins appeal to you, there is something to fit any and every budget or level of interest.

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Buying Jewelry at a Pawn Shop

Consumer buying knowledge today is at an all-time high. With our capacity to instantly research any given topic or search for the best deal using the Internet, we are able to make informed purchasing decisions without so much as leaving the counter in a place of business. Virtually infinite information is available at the touch of a button or voice prompt on our smartphones and tablets.

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The Benefits of Used Jewelry

If you are shopping for an engagement ring or perhaps looking to reward yourself by investing in a fancy watch, Metro Pawn and Gun carries a great selection of used jewelry at amazing prices. We offer gold, silver and platinum rings, necklaces, bracelets, earrings and more. Some are simple and made of precious metals; others are embellished with gemstones and elaborate designs. One thing is certain - our selection has something for everyone, for every occasion.

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Great Finds at the Pawn Shop

Pawn Shops are treasure troves for gold, silver, coins and collectibles. If you’re searching the Twin Cities area for awesome items, you are in luck. While pawn shops are often home to usual items such as electronics, firearms, tools, they’re also awesome locations for rarities, oddities, and wonders. These items have either high monetary or novelty value.

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Precious Metals in 2022

Precious metals can be found in a great many forms. Gold, silver and platinum are used extensively in jewelry and also in coins from all over the world, past and present. These metals are also efficient conductors of electricity and are used in many electronic applications ranging from computers to medical equipment. Even artwork and ornamentation is no stranger to precious metals. The scarcity of these metals makes them valuable, and this value has always increased over time relative to other commodities. 

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Scrap Jewelry

If you’ve ever accidentally left your gold bracelet in a pocket and unknowingly sent it through the washing machine, you are not alone. After such an unfortunate series of events, the bracelet may be clean, but had definitely seen better days.  It has been in your dresser drawer since then – perhaps waiting for the day when you might attempt to have it repaired.  Although this might fit the definition of ‘scrap’ jewelry, the fact that it is made of gold makes it valuable.  So what is the opportunity cost?  You could sell us the bracelet for cash, or let it continue to gather dust while anticipating a potential future restoration for which you will have to spend money.

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