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Why Most Pawn Shops Do Not Buy Used Books

Why Most Pawn Shops Do Not Buy Used Books

Pawn shops usually do not buy or sell used books. Some rare and collectible used books can be an exception.

Last updated November 30, 2022

People holding trophies

Source: Pixabay

Many people bring their used books to pawn shops expecting to walk out with cash. Unfortunately, these sellers find out that most pawn shops do not buy used books. Some exceptions exist for very rare and collectible used books.

The main reason why most pawn shops do not buy used books is that used books often have a low resale value. Pawn shops have limited floor space to sell goods, and they want to focus on selling high-value goods that can generate a profit. Used books are often cheap (under $10) and they have low-profit margins. You can read more about how pawn shops work.

The price of new books is generally under $30, which means that used books are often $10 or below. Used books can take up a lot of valuable space and they generally do not make much money for pawn shops.

Why Some Used Books Can Be Valuable

Some rare and collectible books are carried at pawn shops. Examples could include books several hundred years old, books signed by celebrities, books signed by famous authors, and books with historical value and significance. The valuation of rare and collectible books can range greatly. You can our tool to find pawn shops that carry antiques and collectibles. Contact the pawn shop ahead of time to discuss your item before bringing it into the store.

Used books can be valuable for a variety of reasons. They may be rare editions, first editions, or signed copies. They may also be valuable if they are associated with a particular author or historical event. Additionally, some used books may be valuable because they are in excellent condition, or because they are part of a set or collection.

Examples of rare and collecible books include:

  • Signed copies of Harry Potter
  • Original Gutenberg bible from the 1400s
  • Collector’s books by famous deceased authors like Dr Seuss
  • Out-of-print books in high demand like Margin of Safety
Gutenberg bible rare book
Rare Gutenberg Bible
Source: Wikipedia

Places Where You Can Sell Used Books

There are many places where you can sell used books. Below is a short list of online marketplaces and other reputable stores where you can sell your used books.

  • Amazon Marketplace
  • Bookfinder
  • eBay
  • ThriftBooks
  • AbeBooks
  • Half Price Books
  • Alibris
  • Better World Books
  • Powell’s Books
  • BookMooch

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