Pawn Shops Lexington
Lexington has a few pawn shops that locals rely on for quick cash or unique finds. Gold, electronics, and tools are often pawned or sold here.
Lexington, VA has 2 pawn shops in our directory. Top-rated options include Valley Pawn and Valley Pawn.
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Valley Pawn
View details125 Walker St, Lexington, VA 24450, United States
What Lexington 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.
Virginia Pawn Shop Regulations
Virginia pawnbrokers must be licensed by locality with circuit court authorization and post $50,000 surety bond. Loans cannot be divided to increase interest rates. The 30+15 day minimum redemption period provides strong consumer protection.
Tips for Visiting Pawn Shops in Lexington
- 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 Lexington?
Common items include gold jewelry, electronics, and tools.
Which pawn shops in Lexington are well-reviewed?
Check out Valley Pawn on Walker St 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).
