Question 1

How does a pawn work?

Accepted Answer

A pawn is a collateral loan. You bring an item for collateral and Eastside Pawns offers a loan amount.   If both parties agree to a loan amount, the pawn shop will hold your item for 90 days. You can repay the loan amount (along with interest and fees) to redeem the item at any time within that 90 days. If you cannot redeem the item, you can pay to renew the loan and extend your pawn another 90 days. You can renew as many times needed.

Question 2

What should I do if I've had an item stolen?

Accepted Answer

Make a police report right away and get a case number. Eastside Pawns logs all incoming items pawned or purchased and sends that information to the police department at the end of every day.   Once a police report is made you can notify the local pawn shops.   Additional places to look include thrift stores, second-hand stores, gold/silver buyers, Facebook marketplace, craigslist.com, ebay.com, and apps such as LetGo, OfferUp, etc.

Question 3

What items do you pawn or purchase?

Accepted Answer

Some of the more common items Eastside Pawns buys or pawns include, but not limited to, jewelry, tools, firearms, electronics, musical instruments, and much more. Almost anything of resale value that will fit in the door.   If you are curious if Eastside Pawns will buy or pawn an item, feel free to call 509-884-2477 in advance.

Question 4

How much do you offer on a pawn or purchase? Why?

Accepted Answer

We determine the value of jewelry by current precious metal or diamond wholesale market prices. The value of other items is determined with their average online sale price and in-store stability.

Question 5

How long does a pawn loan last?

Accepted Answer

Pawn loans in Washington State are good for 90 days with the option to renew at the end of the term.

Question 6

What if I lost a pawn ticket?

Accepted Answer

If a pawn receipt is lost or stolen, the pledger must notify the pawn broker in person or by certified/registered mail.   A pawn can always be redeemed by the original customer with proper ID.

Question 7

Can I get an item out of pawn for someone else?

Accepted Answer

Eastside Pawns' transaction contracts state "Any person presenting this pawn ticket may, at Pawnbroker's option, redeem the pledged property". If you have lost a pawn receipt you must notify the pawn shop immediately.   If someone else is picking-up your loan, they must have the receipt and you will need to contact Eastside Pawns the day they pick it up.

Question 8

Is there a cash limit on pawns or purchases?

Accepted Answer

There is no limit on the number of pawns one customer can have. The cash limit is determined by the value of the item for pawn or sale.

Question 9

What do I need to know before I buy, sell, or pawn a gun?"

Accepted Answer

To sell a firearm you must have a current Washington State ID.   In order to pawn, redeem, or purchase a firearm, you must have a current Washington State ID and pass a N.I.C.S. federal background check upon redemption or purchase.

Question 10

How much can I expect to pay to renew or pick-up a pawn?

Accepted Answer

Maximum pawn interest rates and fees are set by Washington State RCW 19.60.060. Eastside Pawns charges less by way of a lower storage fee and lower firearm fee.   Here are some examples of rates (firearms are $3.00 more each month):   Loan   $ 25.00           $ 35.25             $ 40.00              $ 44.75           $19.75              $ 4.75 $ 50.00           $ 63.00             $ 68.50              $ 74.00           $ 24.00             $ 5.50 $ 100.00         $ 120.00           $ 127.00            $ 134.00         $ 34.00             $ 7.00 $ 500.00         $ 563.00           $ 586.00            $ 609.00         $ 109.00           $ 23.00 $ 1000.00       $ 1118.00         $ 1152.00          $ 1195.00       $ 195.00           $ 43.00

Question 11

How do I know the items for sale in the shop aren't stolen?

Accepted Answer

Every single item Eastside Pawns acquires for pawn or sale is logged daily with the police department. The police department checks our reports against a nationwide databases of items reported stolen.

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