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No pawn shops found yet.
What Watertown 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.
Massachusetts Pawn Shop Regulations
Massachusetts delegates pawnbroker licensing to cities and towns under MGL Chapter 140. Interest rates and regulations vary by municipality, requiring Division of Banks approval for local ordinances. No rates above 36% APR approved for amounts over $25.
Tips for Visiting Pawn Shops in Watertown
- 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
How many Pawn Shops are in Watertown?
We're currently adding Pawn Shops in Watertown. Check back soon or browse nearby cities.
What do Pawn Shops in Watertown accept?
Watertown Pawn Shops typically accept gold and jewelry, electronics, tools, musical instruments, and other valuables. Each shop has different specialties - call ahead for specific items.
What percentage do Pawn Shops pay in Watertown?
Pawn Shops in Watertown typically offer 40-60% of an item's resale value for purchases, or 25-50% for pawn loans. Gold is usually priced at 40-60% of spot price. Get multiple quotes.
How long do I have to repay a pawn loan in Massachusetts?
In Massachusetts, the redemption period is 4 months (non-perishable); 1 month (perishable). Interest rates are capped at Up to 3% per month (36% APR) with DOB approval; varies by municipality. Always ask about extensions.
Need More Cash?
Get a title loan - keep your car