Pawnshops Finder

Pawn Shops Damascus

Damascus offers a few nearby pawn shops for quick cash or discounted items. Many locals pawn or sell gold, electronics, and tools to cover unexpected expenses.

Damascus, MD has 3 pawn shops in our directory. Top-rated options include Cole's Pawnbrokers Outlet.

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Cole's Pawnbrokers Outlet

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242 N Market St, Frederick, MD 21701, United States

+1 301-662-1203Website
4.4(49)

First Cash Jewelry & Exchange

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117 N Frederick Ave, Gaithersburg, MD 20877, United States

+1 301-926-1700Website
pawn loansretail salesgold buyinglayaway
2.9(38)

Famous Pawn Brokers

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19600 Frederick Rd unit A, Germantown, MD 20876, United States

+1 301-916-1100Website
pawn loansretail salesgold buyinglayaway
2.6(67)

What Damascus 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.

Maryland Pawn Shop Regulations

Interest RateNo state cap (typical market rates 12-25% per month)
Redemption PeriodPer contract (typically 22-30 days)
Regulated ByMaryland DLLR, Division of Occupational and Professional Licensing

Maryland pawnbrokers are licensed as Secondhand Precious Metal Object Dealers under Business Regulation Title 12. The state primarily regulates record-keeping and stolen property prevention rather than consumer loan terms. Local counties may establish additional regulations.

Tips for Visiting Pawn Shops in Damascus

  • 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 Damascus?

Common items include gold jewelry, electronics, and tools.

Which pawn shops in Damascus are well-reviewed?

Check out Cole's Pawnbrokers Outlet and First Cash Jewelry & Exchange 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).

Need More Cash?

Get a title loan - keep your car

Gold Prices

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