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Pawn Shops for Jewelry in Detroit, MI

6 of the 51 pawn shops, check cashing and loan stores we list in Detroit have jewelry deals.

"Pawn shop" is a single map category, and Google has no field for what a given shop actually stocks or specializes in — some run full jewelry cases with in-house testing, others take a ring occasionally and mostly deal tools and electronics. Every listing here is confirmed to carry a real jewelry counter from the shop's own site or posted inventory, not just a category tag.

  1. American Jewelry & Loan

    20450 Greenfield Rd, Detroit, MI 48235-1854

    sat: 9:30am - 6:00pm

    Buys goldJewelryElectronicsLayaway
  2. Motor City Pawn Brokers

    15440 E 8 Mile Rd, Detroit, MI 48205-1354

    sat: 9am-5pm

    Buys goldJewelryElectronicsFirearms
  3. Zeidman's Jewelry & Loan Detroit

    2669 Gratiot Ave, Detroit, MI 48207-3207

    Monday-Friday 9:30am-5:30pm, Saturday 9:30am-5pm, Sunday CLOSED

    JewelryLayaway
  4. American Jewelry and Pawn

    Detroit, MI

    sat: 9:30am - 6:00pm

    Buys goldJewelryElectronicsLayaway
  5. Bim's Pawnbrokers

    5676 W Fort St, Detroit, MI 48209-3155

    JewelryFirearms
  6. Harper Pawn Shop & Check Cashing

    14453 Harper Ave, Detroit, MI 48224-2951

    Mon-Fri 9:30am-7pm, Sat 10am-5pm

    Buys goldJewelry
Ask for the item's stamp and get it weighed in front of you. Gold and silver pieces should carry a karat or fineness stamp (10K, 14K, .925, etc.), and a reputable shop will test and weigh the piece on a scale you can see rather than quoting a price from across the counter.

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Good to know

Do pawn shops buy gold jewelry?

Yes — gold and silver jewelry is one of the most common items pawn shops buy and loan against, since it has a clear resale value tied to metal weight and purity. Shops typically pay a percentage of melt value, not retail or appraised value, especially for pieces without notable brand or gem value.

Is it cheaper to buy jewelry from a pawn shop than a jewelry store?

Often yes, since pawn shop jewelry is priced off resale and melt value rather than retail markup, and much of it is secondhand. Prices still vary a lot by shop and item, so it's worth checking a piece's weight and stamp against current gold prices before buying.