I know, I have never thought to buy a luxury handbag at a pawn shop before this past weekend but I can guarantee you, this will be a new spot for me from now on. Let me explain.
I’ve known about pawn shops forever but never thought they bought and sold luxury handbags until I attended a CAPA (California Pawnbrokers Association) trade show this weekend with Entrupy. I was absolutely floored at how nice everyone was and how so many businesses were reluctant to take in luxury bags due to their lack of authentication knowledge. Mind you, there are a a lot of pawn stores that buy and sell on a regular basis but the reception we (Entrupy) received was better then I ever expected. To be able to authenticate, with a guarantee, will change the way pawns shop do business in the future.
Looking to sell your items for cash? Every single pawn store will either offer you a loan or purchase outright. No more taking pictures and shipping your bags. In and out!
Now, if you’re looking to buy a luxury bag, head on down to your local pawn shop and trust me when I say, you are going to be pleasantly surprised. Their business model is in and out, fast. While I cannot speak for every business, the ones I talked to weren’t looking to mark up handbags and accessories like regular designer resale companies. They’ll add a couple hundred to the price they loaned but really just want the bags sold. This means you’re going to get a great bag for a great price and if you think they only have Coach and Michael Kors in their shops, you are so wrong.
All those lovely Louis Vuitton bags are at Fresno Coin Gallery Jewerly & Loan. I know, Louis Vuitton? That’s not all. Think Chanel, Fendi, Gucci, Prada and so many more.
This was such a revelation to me that I just had to share with you so when you’re in the market for a new bag at a great price, add Pawn Shops to your shopping list!
Not all shops sell luxury bags so I would call ahead of time and make sure they are using the Entrupy device to authenticate. This way you’ll get a guaranteed authentic bag at a great price!