Evaluations
The friendly and knowledgeable staff at Geauga Pawn and Alliance Loan Company is here to help you get the cash you need. Our evaluation process is easy with reliable and efficient customer service. Serving the Ohio communities in and around Geauga and Stark County, we ensure our customers receive the fairest price for their valuables.
The Difference between an Evaluation and Appraisal
While the idea of an evaluation and an appraisal are similar, the intentions behind the processes are different. Appraisals estimate the cost of your item in cases of replacement, typically for insurance purposes. The value of an appraisal versus an evaluation can vary drastically because the replacement cost of an item can be much higher than its fair market value, particularly for items like jewelry.
While many jewelry stores provide appraisals, they are unlikely to buy back your jewelry. The benefit of a pawn shop is that they offer a fair purchase price based on the item’s resale potential, current market prices for precious metals, and other factors.
Appraisals require an official certification and are typically limited to items like high-end jewelry and antiques. In contrast, an evaluation is a service provided by a pawn shop professional for a wide range of items.
Our Evaluation Process
At Geauga Pawn and Alliance Loan Company, we offer a fair cash price for your item once we complete our evaluation. To begin the evaluation process, customers must come to one of our locations with a valid driver’s license or other government-issued photo I.D.
Geauga Pawn and Alliance Loan Company deals in many valuables, including:
- Weapons and Firearms
- Video games, systems, and consoles
- Electronics
- Tools
- Jewelry
- Musical instruments
- Bikes and sports equipment
To get the most value, we suggest bringing items that are clean, in good condition, and in demand. To make a proper evaluation, our team looks at many factors, including:
- Current market value
- Age of the item
- Condition
- Popularity in the current market
The professionals at Geauga Pawn and Alliance Loan Company believe in total transparency with our customers. That’s why we complete our evaluations right in front of you. Upon completion of evaluation and acceptance of our cash offer, we will buy or loan on your item.
Evaluating Jewelry and Fine Metals
There are many factors involved in determining the value of a piece of jewelry or fine metal. We understand that everyone’s jewelry is unique to them – that’s why we take the utmost care when evaluating a fair price for your valuables. We not only look at the current market price and condition of your piece, but we also consider if it’s custom or designer. Newer or top-condition items are ideal for earning maximum value from your sale.
Please note: Before pawning or selling electronic devices, you must have all remotes, chargers, and additional accessories that come with the console. We may accept damaged gold or silver jewelry, but we do not take other broken items. If the item you’re selling holds significant value, please bring any official supporting documents such as certificates of authenticity.
Trusted Evaluations in Newbury & Alliance, OH
Since 1990, Geauga Pawn and Alliance Loan Company has been a licensed local pawnbroker in the Ohio community. We strive for excellent customer service through transparency and fair pricing practices. With a trusted professional staff and extensive experience in evaluations on a wide range of merchandise, you’ll see why our customers rely on us. If you have something you’d like to sell or pawn, visit us at Geauga Pawn and Alliance Loan Company. To learn more about our evaluation process, contact us today!
