Pawn Shops Watertown
Watertown has a few pawn shops ready to help with loans or buying items. Gold, electronics, and tools are commonly pawned or sold here.
Watertown, SD has 1 pawn shops in our directory. Top-rated options include Charlie's Pawn.
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Charlie's Pawn
View details101 10th St SW, Watertown, SD 57201, United States
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.
South Dakota Pawn Shop Regulations
South Dakota pawnbrokers are licensed by county commissioners or municipal authorities under SDCL 9-19, not at state level. No state-imposed interest caps, redemption or hold periods. Sales tax applies to commissions and storage fees when property is redeemed.
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
What can I pawn in Watertown?
Common items include gold, electronics, and tools.
Which pawn shops in Watertown are well-reviewed?
Check out Charlie's Pawn 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).
