Pawn Shops Elko

Elko's pawn shops are go-to spots for fast cash or buying discounted items. Many locals pawn or sell gold, electronics, and tools for quick transactions.

Elko, NV has 2 pawn shops in our directory. Top-rated options include Nevada Red$.

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Nevada Red$

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410 Commercial St, Elko, NV 89801, United States

4.5(17)

Sierra Jewelry & Loan of Nevada

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415 Idaho St, Elko, NV 89801, United States

3.2(26)

What Elko 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.

Nevada Pawn Shop Regulations

Interest Rate13% per month (156% APR) plus $5 initial charge per loan
Redemption Period90 days from date of pledge
Regulated ByLocal county/city/town governments; Nevada Financial Institutions Division

Nevada provides strong consumer protection with mandatory 90-day redemption period—among longest in the region. Pawnbrokers must provide printed receipts with all terms, interest rates, and payment history. Daily transaction reports to sheriff/police by noon required.

Tips for Visiting Pawn Shops in Elko

  • 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 Elko?

Common items include gold jewelry, electronics, and tools.

Which pawn shops in Elko are well-reviewed?

Check out Nevada Red$ and Sierra Jewelry & Loan of Nevada for solid 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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