Pawn Shops Derby

Derby has a few pawn shops that cater to a variety of needs. Many locals pawn or sell gold, electronics, and musical instruments for fast cash.

Derby has 1 pawn shops in our directory.

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H&T Pawnbrokers

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33 Victoria St, Derby DE1 1ES

pawn loanspawn loan repaymentspawnbrokingsell your goldsell your watchtravel money
3.3(23)

What Derby Pawn Shops Accept

  • Gold jewellery & watches
  • Electronics (phones, laptops, tablets)
  • Power tools
  • Gaming consoles (PS5, Xbox, Nintendo)
  • Musical instruments
  • Designer handbags
  • Antiques & collectibles

Acceptance varies by shop. Call ahead for specialty items or large quantities.

Pawn Shop Rules in England

Interest RateNo statutory cap (typical 3-10% per month)
Redemption Period6 months minimum
Regulated ByFinancial Conduct Authority (FCA)

Pawnbrokers must hold FCA consumer credit authorisation and comply with Consumer Credit Act 1974. For loans over £75, pawnbrokers must give 14 days written notice before selling unredeemed items, and any surplus from sale must be returned to the customer.

Tips for Visiting Pawn Shops in Derby

  • 1.Get quotes from multiple shops before deciding
  • 2.Know your item's value - check eBay sold listings first
  • 3.Bring valid government-issued ID (required by law)
  • 4.Ask about interest rates and total repayment amount upfront
  • 5.Keep your pawn ticket in a safe place
  • 6.Ask about the redemption period and any grace periods
  • 7.Check the shop is FCA authorised at register.fca.org.uk

Frequently Asked Questions

What can I pawn in Derby?

Common items include gold jewelry, electronics, and tools.

Which pawn shops in Derby are well-reviewed?

Check out H&T Pawnbrokers on Victoria Street for a reliable option.

How much can I get for gold?

Offers vary by weight, purity, and current prices. Pawn shops typically pay below spot value - get multiple quotes to compare.

What ID do I need?

Valid government-issued photo ID (driver's license, passport, or state ID).