Pawn Shops Deming
Deming offers a few solid pawn shops for quick cash or deals on used goods. Many locals pawn or sell items like jewelry, electronics, and musical instruments.
Deming, NM has 2 pawn shops in our directory. Top-rated options include Larry's Pawn & Music and Sunshine Pawn Shop.
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What Deming 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
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 Deming
- 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 Deming?
Common items include gold jewelry, electronics, and tools.
Which pawn shops in Deming are well-reviewed?
Check out Sunshine Pawn Shop and Larry's Pawn & Music 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).
