When purchasing gold coins, bullion or jewelry, pawn shops are an excellent option. If you go to a jewelry store, you are most certainly paying top dollar for whatever you buy there, even if it is advertised as “on sale”. Coin shops also tend to charge maximum prices for their goods, and understandably so – they are in it to make money, and their costs are likely higher than what pawn shops can acquire certain items for. Another factor to consider is that the variety of inventory at a pawn shop is usually more diverse. Retail stores often have a fairly set inventory – they carry certain products and then reorder them once they sell. A pawn shop may not have two of the same item, nor might an item that is there today be there tomorrow. Many customers will visit their favorite shop frequently as not to miss that ‘special’ item that might be gone before they know it.
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