People are pawning more goods at a Queens pawn shop as a result of rising prices and economic conditions

July 21 08:09 2022

July 21, 2022 – Queens, New York – People are doing everything they can to put more money in their pockets as inflation and prices rise. As a result, pawn shops are seeing a surge in customers, according to Jamaica Pawn of Queens.

“When prices get high, people pawn jewelry, to get cash today,” says the owner of Jamaica Pawn. Likewise, according to CBS News, the average American household is paying $5,000 more this year than last. This includes essential items such as groceries and gasoline, prompting consumers to seek solutions to make ends meet.

The current economic dynamics are leading people to pawn goods for the cash. With no end in sight to rising prices, pawn shops are likely to continue feeling the effects of the economic situation and are working with consumers to help them meet their financial needs.

Jamaica Pawn has been a stalwart in the industry and offers today’s cash-pinched customers a dependable resource for receiving cash for goods. They have been assisting people who need money quickly, even if they do not have access to traditional banking, for over 30 years. Their experts provide a fair appraisal for items such as gold and silver, electronics, watches, jewelry and diamonds, and other valuables. Furthermore, all appraisal appointments and transaction details are always kept confidential and secure.

The New York Times reports, consumer prices rose sharply again in June, with food, rent, and gasoline seeing the greatest spikes. With these ongoing increases, people looking for a quick fix will continue to turn to pawn shops.

About Jamaica Pawn, Inc.:

The well-known Queens-based company has a reputation for being a safe and hassle-free way to sell valuables. The prestigious pawnbroker has over 30 years of experience and is licensed in the state of New York as a Pawnshop. Jamaica Pawn Brokers, a recognized industry pioneer, is regarded as a premier option for all selling and pawning services.

CONTACT: To learn more about Jamaica Pawn, Inc., how to pawn jewelry, or to arrange an interview for an article, please contact us.


Address: Jamaica Pawn Inc 145-16 Jamaica Ave, Queens, NY 11435 (718) 739-6060

Email: [email protected]

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Company Name: Jamaica Pawn Inc
Email: Send Email
Phone: +1 (718) 739-6060
Address:145-16 Jamaica Ave.
City: Queens
State: NY 11435
Country: United States