Pawn shop jewelry offers shoppers a different selection of products at below market prices. Those shopping for fine diamond jewelry, like an engagement ring, might also consider jewelry consignment stores to suit their needs. Both pawnshops and consignment stores offer used jewelry to customers for reduced costs. Pawnshops specialize in reselling; consignment stores offer a blend of used and new material. If you are trying to decide between a pawnshop and a consignment store, consider each independently:

Pawnshops
• Sell exclusively used items.
• Provide documentation for inventory.
• Have only what they purchase from sellers.
• Do not accept returns.

Consignments
• Sell a combination of used and new items.
• Provide documentation for inventory.
• Sell on behalf of a third party (used or designer jewelry is included).
• Accept returns in some cases.

Online pawnshops benefit from a centralized database, since they are comprised of numerous physical retailers of secondhand goods. That means, instead of driving around town, people can hop online and check out the full inventory of all participants on a particular Internet host. Like any jeweler, pawnshops provide documentation for their inventory so the buyer knows what he or she is getting. In the case of fine diamond jewelry, the buyer will be able to see a grading of the stone as well as a carat rating on the stone.

Consignment stores carry some new, designer-style products. Some makers new to the industry will offer brand new styles to a consignment shop for permanent display by agreeing to give commissions to the consigner. New jewelry from these stores is rarer, since the maker does not profit largely from this avenue, but people with a careful eye for such pieces can end up being among the first buyers of a soon-to-be famous designer.

Both kinds of store offer many bargain deals to shoppers. While the inventory of these stores depends wholly on what items are trafficked at a given time, they usually supply a large variety from which to choose. When buying from a pawnshop or consigner, the important rule to follow is to ask as many questions as possible. These retailers are not professionals educated in jewelry, so they may not know what a person needs to know, but they can always find an answer for you.

Here are some examples of online pawn shops:
Out of Pawn http://www.outofpawn.com/
Dicks Jewelers http://dickspawn.com/
Plano's Pawn Shop http://www.planopawnshop.net/
American Jewelry and Loan http://www.pawndetroit.com/

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