Pawn Shops Prestonsburg

Prestonsburg locals often turn to pawn shops for quick cash or to buy discounted items. Gold, electronics, and tools are commonly pawned or sold here.

Prestonsburg, KY has 2 pawn shops in our directory.

Loading map...

Disclosure: Contains affiliate links. Learn more

The Pawn Shop

View details

205 S Mayo Trail, Paintsville, KY 41240, United States

3.9(11)

Poor Boys Gun & Pawn Shop

View details

516 Broadway St, Paintsville, KY 41240, United States

3.6(16)

What Prestonsburg 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.

Kentucky Pawn Shop Regulations

Interest Rate2% per month interest + up to 20% service fee per month (22% total)
Redemption PeriodUntil maturity + 10 days written notice of sale
Regulated ByLocal city/county governments (KRS Chapter 226)

Kentucky pawnbroker laws allow interest up to 2% per month plus service fees up to one-fifth of loan value monthly. After 60 days from maturity, pawnbrokers may sell items but must provide at least 10 days written notice. $1,000 surety bond required.

Tips for Visiting Pawn Shops in Prestonsburg

  • 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 Prestonsburg?

Common items include gold jewelry, electronics, and tools.

Which pawn shops in Prestonsburg are well-reviewed?

Check out The Pawn Shop and Poor Boys Gun & Pawn Shop for trusted 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