Can You Pawn Your High School Ring?

To pawn your High school class ring at a pawn shop, you’ll need to leave it as collateral until you can repay the loan.

When you pay the loan back, you’ll get your High school class ring out of pawn.

You may be interested in how a pawn loan works before you pawn or sell your High school class ring.

How much is a high school class ring worth?

So the value of a 10k gold class ring is scrap gold price. On a 10 gram ring at $1200 spot gold would be around $10 per gram =$100. And you can get that amount by going to a jeweler or pawn shop.

Can you sell your high school ring?

The best place to sell old class rings for the most money is at a pawn shop. Pawn shops do three things. They either buy your used item, re-sell it in the store, or give you a cash loan using your item as collateral.

What do pawn shops do with class rings?

Pawning Your Class Ring

Since most class rings are made of metals like gold, silver, and platinum — and some include gemstones — pawn shops will usually buy them. Once you sell your ring, the pawn shop may offer it for resale or melt it down to use it for the metal value.

Can you pawn a championship ring?

Customers aren’t allowed to try on — or even touch — championship rings at Gold and Silver Pawn Shop. Once you own the ring, you can wear it, owner Rick Harrison said.

Who buys old class rings?

The best place to sell old class rings for the most money is at a pawn shop. That’s right! These shops are plentiful in most cities and you can often find them in small to medium sized towns. Pawn shops do three things.

How much is a 10 karat gold ring worth?

But that’s the pure gold value. To get the value of 10K gold, you have to multiply the price of pure gold by 0.416. 10K gold selling value per dwt.

10K gold ring pics and how much they are worth.

$199.81$314.93
$1051.37$358.89
$508.27$233.11

3 more rows

How much is a 10k high school ring worth?

So the value of a 10k gold class ring is scrap gold price. On a 10 gram ring at $1200 spot gold would be around $10 per gram =$100. And you can get that amount by going to a jeweler or pawn shop.

How much is a 14k class ring worth?

41666 to get $16.08. If your ring is 14k then you would multiply $38.58 times . 58333 to get $22.50.

Does Jostens buyback class rings?

Jostens Promise® applies only for original Jostens high school class ring purchase towards a new college or military ring purchase serviced by Jostens. The amount of the Jostens Promise® redemption value applied to the new Jostens college or military ring cannot exceed 50% of the listed price of the new ring.

How much is my ring worth at a pawn shop?

Most jewelry stores and pawn shops pay approximately 50 cents for every dollar of scrap gold value. If the value is $1,000, for example, a store will offer to buy the ring for approximately $500. At Abe Mor, however, they offer 75 cents for every dollar of scrap value.

Are class rings worth it?

Class ring prices range from $200-$4,000. A lot of people don’t think the rings are worth it if they won’t wear them past their senior year. “I want to get one because they are really nice rings that will leave memories from high school,” said sophomore Aidan Hernandez.

How do I sell my class ring?

Use PawnGuru to Sell an Old Class Rings Now

  • Visit PawnGuru and click the “Sell” tab on the form that is front and center.
  • Fill out the information—it’s free & super fast.
  • Submit the form.
  • Watch offers roll in from relevant pawn shops in your area.
  • Enter the pawn shop in person that gives the best offer for your ring.

Why do NFL players sell their rings?

Because the IRS Came Calling. In 1984, the IRS confiscated the 1978 Super Bowl ring belonging to Dallas Cowboys star Thomas “Hollywood” Henderson and auctioned it for $11,000. Former Steelers running back Rocky Bleier sold his four Super Bowl rings in the 1990s to help pay back taxes.