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<p>[QUOTE=&quot;John Burgess, post: 4846178, member: 105098&quot;]generally speaking pawn shops will give 10% of value for everything they buy, and unless it&#039;s junk they will buy anything, even things they know nothing about. then they will do &quot;pawns&quot; where they loan against an item and the person has a set time to return for it, and they make errors in judgement there too. </p><p><br /></p><p>Now, real or counterfeit, they are going to sell it to you if you want to buy it, knowingly or unknowingly. that&#039;s what they do, buy things from desperate people and sell them to other people. they all claim to know what they are doing but none of them can be knowledgeable in all things. same thing goes for jewelry stores, they will buy precious metals, but they may not know if it&#039;s an altered date or a good fake in the right material.</p><p><br /></p><p>on the other hand though, they also may not know what they have.....</p><p><br /></p><p>So, you need to know your stuff, you need to be able to tell real from fake, or altered, or legit and misidentified.</p><p><br /></p><p>that all said. the rule of thumb is usually 10% of the items value is what they paid for it, then they have their costs and profit for markup. A lot of their stuff sits and sits, so HAGGLE! worst case,you can&#039;t get them to come down.</p><p><br /></p><p>When I was 19 I came across a 1973 rickenbacker 4001 Mapleglo bass guitar, they wanted $700 for it, I offered $450 and we settled on $525. it&#039;s a $2500-$3000 bass guitar, but he had no idea what he had and he still made money off it and whoever sold it to him likely didn&#039;t know the value or even really care and needed a couple hundred dollars more than he needed the guitar. I sold it in 1998 for $2300 to a player that wanted a &quot;nice older electric bass&quot; </p><p><br /></p><p>You have to know what you are looking at and not be afraid to haggle or walk away. if it fell through I would have sent a friend therewith $700 and ask if he can get it for $600 so I didn&#039;t have to go back and save face.</p><p><br /></p><p>Pawn shop shopping is a lot like cherrypicking at goodwill or salvation army, a lot of it is junk, but every once in a while you run into something unbelievable and not identified by the shop, but you have to know it when you see it and take advantage of the opportunity.[/QUOTE]</p><p><br /></p>

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