Why Most Pawn Shops Do Not Buy Used Trophies

Why Most Pawn Shops Do Not Buy Used Trophies

Used trophies typically are not bought by pawn shops. Rare and collectible trophies can be valuable at pawn shops.

Last updated November 26, 2022

Two people holding large trophies

Source: Pexels / Anna Shvets

People often highly value the trophies they have won at various events. Trophies are often prized and displayed on bookshelves to commemorate a special achievement. When someone looks to pawn or sell something for cash, they often consider pawning trophies. Contrary to many beliefs, most pawn shops do not buy used trophies. Pawn shops typically do not place much value on sentimental items. There are exceptions in some instances - pawn shops may buy valuable trophies and collector’s items.

The main reason why most pawn shops do not buy used trophies is that used trophies often have a low resale value because they are customized and do not contain high-value materials. 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 trophies are often cheap and have lower overall profit margins. You can read more about how pawn shops work.

Trophies are typically made from a variety of materials, including metal, wood, plastic, and glass. The type of material used often depends on the purpose of the trophy. For example, metal is often used for sports trophies, while glass is often used for awards given in recognition of achievement. The resale value of most trophies is often less than $10.

Used trophies are often customized and include a person’s name and other markings. Buyers of used trophies often want to repurpose the trophy and use different markings. Repurposing trophies can often cost more than the used trophy itself.

Why Some Used Trophies Can Be Valuable

Some used trophies can be valuable and sold to pawn shops. Below are examples of used trophies that pawn shops might buy:

  • Rare/collectible: Some rare and collectible trophies items are carried at pawn shops. Examples could include an Oscar trophy, a Golden Globe trophy, an award from a highly-prized sporting event, and more. The valuation of rare and collectible clothing 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.
  • Valuable materials: Some used trophies contain valuable materials such as gold, gold, silver, platinum, diamonds, and gemstones. Pawn shops will buy used trophies that have these materials - usually, the pawn shop will value the used trophy for its scrap materials.
Oscar trophies
Oscar trophies.

Places Where You Can Sell Used Trophies

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

  • Thrift stores
  • Online consignment stores
  • Online secondhand marketplaces
  • Yard sales
  • Vintage stores
  • Local Facebook buy/sell/trade groups
  • Online classifieds
  • Swap meets
  • Flea markets

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