A Guide to Buying and Selling Used Video Games at Your Local Pawn Shop

A Guide to Buying and Selling Used Video Games at Your Local Pawn Shop

Your local pawn shop deals with merchandise of all kinds. However, not all items are valued equally. Some things, such as video games, are always in demand and are always in stock. Whether you are looking to get top dollar for your games or are looking for great prices on some games new to you, your first stop should be your local pawn shop. Keep reading for a handy guide to buying or selling used video games at your local pawn shop.

If you are selling your games:

Nearly every household today has at least one gamer, which means that games are always in demand and that there are lots of ways for you to sell your games. For a few reasons, pawn shops are the ideal place to sell your games. Among them are:

  • Because of their large and diverse inventory, pawnshops don’t need to get as much money as possible out of every game they sell. There is room to negotiate.
  • Unlike selling your games via apps or online, you can get fast cash for your games without dealing with finicky customers, shipping, or waiting for the payment to clear.
  • Your local pawnbroker wants to earn your business and keep you as a customer, which is a far different approach practiced by certain chain video game stores that are notorious for their low-ball offers on games, accessories, and consoles.

Do your homework

Before you bring in your games to sell, be sure to do your research. Find out what other game buyers in the area are paying for the same games, and what the going rate seems to be for your games on sites like eBay. Your pawnbroker will base their offer on this information, so be prepared to recognize a fair offer when you hear it.

Try to sell your games as a bundle. The more games you can offer, the higher the price you can expect. Also, although the game must work, looks still matter. It’s in your best interest to make sure that all your games are clean and free of scratches and visible defects. Scratched-up disks or damaged cases will make it hard for your pawnbroker to resell, which will affect your price. Lastly, bring as much original packaging as possible with you: cases, inserts, accessories, posters, etc. It’s rare to find a used game with original packaging, so if you can offer this, your item will stand out and will resell quickly. The bottom line is that anything you can do to make the game more attractive to potential buyers, the more your pawnbroker will be able to offer you.

Condition and popularity are key

Another factor to consider when selling your games to your local pawnshop is the demand and popularity of your games. Popular, in-demand games will naturally fetch a higher price, whereas older or not quite as popular games may command less. This is another way that your research will pay off: even if your game is older, it may have retro-appeal or be making a comeback. You will only know for sure by doing your homework and being prepared to let your pawnbroker see what you have uncovered about your game.

If you are buying games:

Your local pawn shop is a great place to find your next game, or a handful of games, without having to pay the outrageous mark up of buying retail. Your pawnbroker prices every item in their shop to move, so you will always get a fair price. No matter what kind of game you are looking for, there is a good chance that your local pawn shop has something for you.

What to look for

As with selling games, you should keep the same considerations in mind when buying used video games at your local pawnshop. For example, look at the condition. Although your pawnbroker may store the games out of reach, they should have no problem with letting you scrutinize the discs before you pay. In fact, some may even have a console hooked up to a TV so that you can load the disc and make sure it is fully functional.

You want to buy games that are as clean as possible, and that come with at least some of their original packaging. Games that were cared for will likely be priced a little higher than ones that were visibly neglected or mishandled. However, you can rest assured that the price for any game will be less than you’d find online or via retail.

Don’t be afraid to negotiate

Your local pawnbroker is focused on keeping their inventory moving, so they are in a unique position to make you a deal. Just try doing that at one of the chain game shops! When you’ve done your homework, you are in a favorable position to make a fair offer on a game or bundle of games that you have your eye on.

Many people shy away from negotiating. But, you don’t have to be when you are working with your local pawnbroker. We at Central Mega Pawn want you to get a price you can live with, so we’ve compiled a handy guide to negotiating at pawn shops.

To sweeten the deal, offer to buy a bundle of games at once. Your pawnbroker is incentivized to make a profit and get the games off the shelf, so they may be willing to work even harder to get you a deal that works for you.

If you see something you like, buy it!

Quality inventory at pawn shops doesn’t sit on the shelves for long. If you see a game or handful of games that you’ve been wanting, you should work to reach an agreeable price. If you wait too long and decide to come back another time, the chances of your game being there when you return are slim.

Video games are a way of life for many Americans, which is why pawnbrokers like us at Central Mega Pawn are always willing and ready to work with our community to help them get the games they want at a price they can afford. Visit us today to see what games we have on hand and get ready for new adventures that won’t break your budget.

How to Pawn or Sell Sports Collectibles

How to Pawn or Sell Sports Collectibles

If you need some quick cash, the solution to your problems might be waiting to be discovered in your sports collectibles. Although pawn shops are better known as places to pawn or sell things like electronics or tools, every shop is as unique as the community it serves. If there is a market for sports collectibles in your community, your pawnbroker may be interested in buying or making a loan against the value of your sports collectibles.

Why consider your local pawnshop for your sports collectibles?

If you pawn, you can get your items back if you repay your loan on time. Also, a loan from a pawnshop does not put your credit score at risk. Your collectibles can repay you for all the care you’ve given them over the years by making it possible for you to get a lifeline of a loan.

Pawnbrokers are savvy buyers and know that the market for sports memorabilia is only going to grow over time. As a result, they have an interest in making you a great deal.

Regardless of if you are pawning or selling, your pawnshop is a great option when you are looking for quick cash for your collectibles. You won’t have to deal with finicky collectors, auctions that may not give you the value you need, or dealing with the hassle of shipping and handling.

What is considered collectible?

Everything from trading cards to autographed jerseys and equipment is considered popular collectibles. If it catches the eye of a fan, it can be regarded as collectible. The rarer the item, the higher the price it will command. To that end, the biggest offers will be for unique things like autographs on cards, jerseys, and equipment such as bats, balls, sticks, etc. Vintage cards are also sure to get a lot of interest.

However, that’s not to say that things like common cards have no value. Complete sets of trading cards can also fetch good value, as well as bundles of short-printed cards or rare sets and sub-sets. But, how do you know the potential value of what you have?

Step 1: Do your homework

When you are looking to sell or pawn your sports collectibles, your first and most crucial step is to research the value of your items. For a collector, this is sometimes a confusing step, because the math can be skewed by two factors: sentimental value and book value. Although an item might have deep significance to you, you cannot expect the market to reflect that in value.

Where book value is concerned, some collectors cling to book value like gospel, although it should only be used as a vague guide as far as what you can expect to sell or pawn for, if that. However, finding the value of your items can be free and easy. You just need to commit the time and energy to find the going market value, then adjust your expectations accordingly. Your pawnbroker needs to be able to sell everything in their shop for a profit, so try to be comfortable with around 40 – 60% of the value of your items.

Sets from the junk-era of baseball cards will not fetch a lot. So before you walk in with a box of hockey cards from 1991, know that your local pawnbroker will probably not be able to resell it, and therefore may not be interested.

On the extreme end, if your item has provenance, you should find out who has owned it before you. In the case of rare autographs, find out how many autographed items exist, how many are circulating in public, and where or when the item was signed. The more information you can legitimately share with your pawnbroker, the more comfortable you make it for them to resell.

For example, if you have an autographed game ball that was signed during a championship or other significant match, the item will command a much higher price than a run-of-the-mill autograph with no particular significance.

Step 2: Gather your paperwork

If the items you are considering pawning are autographed, be sure to bring your certificates of authenticity with you. This will save your pawnbroker a lot of time and energy assessing the value of your item and will make it much easier for them to sell. If you don’t have certifications handy, but your item has a barcode from one of the trusted verification houses, you can contact them to get a copy.

If you have an autographed item or other collectibles that can be considered rare, you can consider getting it authenticated to get a higher offer from your pawnshop. However, you should do careful research, as the verification process can be timely and can quickly add up if you decided to get multiple items authenticated at once.

Step 3: Make your items look good

To get the most value in the sale or pawn of your sports collectibles, do your best to clean them up without damaging them. For graded cards or encased items, dust off the covers and make sure it is free of fingerprints or other debris before presenting it to your pawnbroker.

This may not seem like a necessity, but put yourself in your pawnbroker’s shoes – would you want to buy items out of a stained or dusty box? Would you want to put an autographed baseball in a scratched up or cracked case on your shelf?

Step 4: Don’t be afraid to negotiate

Your pawnbroker wants to work with you to reach a deal that works for everyone. If their first offer isn’t to your liking, it is perfectly alright, and it is acceptable to ask for more. If the idea of negotiating in person, you’re not alone. We’ve compiled a handy guide to negotiating with your local pawnbroker here.

To recap: When it comes to selling or pawning your sports collectibles, keep the following in mind, and you’ll hit a home run at the pawnshop:

  • Do your homework
  • Bring in all certification
  • Make your items look good
  • Don’t be afraid to negotiate

You never know if sports collectibles can get you the cash you need until you take the time to find out. Visit us today to see how we can help!