Pawn Shops Albuquerque

Albuquerque pawn shops often deal in gold, jewelry, and electronics. Many locals also bring in tools and musical instruments for quick cash or loans.

Albuquerque, NM has 6 pawn shops in our directory. Top-rated options include Albuquerque Pawn Shop and Happy Hocker Pawn Shop.

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Albuquerque Pawn Shop

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501 Lomas Blvd NW, Albuquerque, NM 87102, United States

pawn loansjewelry salesbuy/sell/trade
4.4(88)

Happy Hocker Pawn Shop

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3715 Montgomery Blvd NE, Albuquerque, NM 87109, United States

4.0(37)

Express Cash

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4710 San Mateo Blvd NE, Albuquerque, NM 87109, United States

3.8(95)

Mrs B's Pawn & Trading

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3543 Gibson Blvd SE, Albuquerque, NM 87106, United States

pawn loansgold buyingjewelry buyingbuying used itemsselling used itemstrading items
3.0(63)

Hock It to Me Pawn

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526 Louisiana Blvd SE, Albuquerque, NM 87108, United States

3.0(57)

Doc Holliday's Pawn Shop LLC

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1400 Juan Tabo Blvd NE, Albuquerque, NM 87112, United States

2.7(97)

What Albuquerque Pawn Shops Accept

  • Gold jewelry & watches
  • Electronics (phones, laptops, tablets)
  • Power tools (DeWalt, Milwaukee, Makita)
  • Gaming consoles (PS5, Xbox, Nintendo)
  • Musical instruments
  • Firearms (where permitted)
  • Designer items

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

New Mexico Pawn Shop Regulations

Interest Rate10% or $7.50 (whichever greater) first 30 days; 4% per month thereafter
Redemption Period30-90 days (per contract); 90 days after debt due before disposal
Regulated ByLocal government; Financial Institutions Division (Regulation and Licensing Dept.)

New Mexico limits pawn loans to $2,000 maximum principal. Insurance charges on pawn transactions prohibited. Surplus from sales must be returned to pledgors (90 days to claim if under $100, 12 months if over). $5,000 surety bond required.

Tips for Visiting Pawn Shops in Albuquerque

  • 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.Ask if they report to credit bureaus (most don't)

Frequently Asked Questions

What can I pawn in Albuquerque?

Common items include gold, electronics, tools, and jewelry.

Which pawn shops in Albuquerque are well-reviewed?

Check out Albuquerque Pawn Shop and Happy Hocker Pawn Shop for reliable options.

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).

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