The 4 Best Pawn Shops in Melbourne

Whether you’re looking to buy, sell, or trade, Melbourne’s diverse range of pawn shops offers a treasure trove of opportunities for shoppers and sellers alike. These establishments provide a unique blend of financial services and retail options, making them a go-to for individuals in need of quick cash or bargain hunters searching for hidden gems. From high-end jewelry to rare collectibles, pawn shops in Melbourne cater to a variety of needs while delivering flexibility and convenience. In this guide, we’ll explore the 4 best options in the city, helping you discover where to find quality items and fair deals. Below are some of the key services and considerations when visiting a Melbourne pawn shop:

  • Quick cash loans secured against valuables such as gold, electronics, or musical instruments.
  • Buying and selling pre-owned goods like watches, antiques, and power tools.
  • Appraisal services to determine the value of gold, silver, and diamonds.
  • Flexible loan terms with interest rates typically ranging from 10% to 25%, depending on the item and duration.
  • Lay-by or installment payment options for purchasing high-value items.
  • Specialized services such as the restoration of vintage items or repair of damaged jewelry.
  • Price ranges for items can vary widely, with smaller goods starting at $20 and luxury items exceeding $5,000.
  • Transparency in pricing and terms to ensure both buyers and sellers feel confident in their transactions.
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Number of companies

921

Verified reviews

3,98

Average rating

Melbourne Gold Company
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1. Melbourne Gold Company

4,9/5
suite 701 level 7/227 Collins St, 3000, Melbourne
  • Pawn shop
  • Jewelry buyer
  • Gold dealer

Why we chose them

Melbourne Gold Company stands out as one of the leading gold buyers and bullion dealers in Melbourne CBD, offering premium services for individuals and investors alike. Known for their competitive cash payouts, they specialize in purchasing gold jewelry, coins, and bullion in any condition, with all testing conducted transparently on-site. Customers can walk in without appointments to sell their gold or invest in high-quality gold and silver bullion products. As an official ABC Bullion Distributor, the company caters to both retail and superfund investors, providing a trusted avenue for securing wealth through precious metal investments.

In addition to their buying and selling services, they provide unique offerings such as gold loans and bullion storage solutions. Their gold pawnbroker services feature flexible short and long-term loan options at industry-leading rates, making them a reliable alternative to selling. Whether seeking to purchase bullion or utilize refining services, customers benefit from live market rates and a straightforward pricing structure with no hidden fees. With an emphasis on transparency, convenience, and high payouts, this company has established itself as a trusted name in Melbourne’s gold trading and investment market.

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Melbourne Gold Exchange
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2. Melbourne Gold Exchange

4,7/5
Manchester Unity Building, Level 5, Suite 502/220 Collins St, 3000, Melbourne
  • Pawn shop
  • Diamond buyer
  • Jeweler
  • Jewelry buyer
  • Jewelry repair service
  • Jewelry store
  • Gold dealer

Why we chose them

Melbourne Gold Exchange – Trusted Gold Buyers Appointment Only stands out for its commitment to providing the highest payouts for gold, silver, and diamonds in Melbourne. Specializing in a range of services including gold and silver bullion trading, jewelry buying, and repair, this company guarantees competitive prices without any hidden fees or commissions. By offering a transparent process where items are tested and weighed in front of customers, they ensure trust and reliability. Their service is exclusively appointment-based, emphasizing personalized attention and efficient transactions tailored to client needs.

With a focus on buying and selling gold items such as chains, rings, bracelets, and coins, as well as scrap gold and luxury watches, the company caters to a diverse clientele. They pride themselves on their ability to beat any competitor’s price, making them a top choice for those looking to turn unused jewelry into cash. Additionally, their expertise extends to buying and selling high-quality gold and silver bullion, offering some of the best rates in the market. This dedication to excellence and customer satisfaction is what makes them a trusted name in the industry.

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Cash Converters Melbourne City
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3. Cash Converters Melbourne City

2,7/5
566 Elizabeth St, 3000, Melbourne
  • Pawn shop
  • Cell phone store
  • Computer accessories store
  • Consignment shop
  • Gold dealer
  • Jewelry appraiser
  • Jewelry buyer
  • Jewelry store
  • Loan agency
  • Used computer store

Why we chose them

Cash Converters Melbourne City stands out as one of Melbourne’s premier destinations for second-hand goods, personal loans, and pawnbroking services. Known for its diverse inventory, the store offers a wide range of quality pre-owned items, including laptops, jewelry, power tools, and more, all backed by a reliable 90-day warranty. Specializing in buying unwanted items of value, the company provides customers with instant cash in exchange for these goods, making it an ideal solution for those looking to declutter or access quick funds. Additionally, it caters to financial needs with a variety of personal loan options, such as Cash Advances, small loans, and medium loans, subject to eligibility and lending criteria. With its focus on quality, affordability, and financial convenience, the store has earned its reputation as a trusted retailer in the Melbourne area.

Besides its retail offerings, the company excels in providing specialized services, including pawnbroking, jewelry appraisal, and gold dealing. As a versatile establishment, it operates as a pawn shop, cell phone store, computer accessories store, consignment shop, jewelry buyer, and used computer store, making it a one-stop shop for various needs. Its dedication to responsible lending is evident through its compliance with Australian Credit Licence regulations, ensuring transparency and trustworthiness in financial dealings. Whether customers are seeking high-value items, securing loans, or selling possessions, the store’s comprehensive services and customer-centric approach make it a standout choice in Melbourne’s bustling retail landscape.

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Melbourne Pawnbrokers
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4. Melbourne Pawnbrokers

3,6/5
2/500 Flinders St, 3000, Melbourne
  • Pawn shop
  • Gold dealer
  • Loan agency

Why we chose them

Melbourne Pawnbrokers, with over 20 years of experience, has established itself as a trusted name in the Melbourne CBD by offering a wide range of financial solutions and services. Specializing as a pawn shop, gold dealer, and loan agency, the company provides loans against valuable items such as gold, precious jewelry, and popular electronics like iPhones, iPads, and Samsung devices. Known for its customer-centric approach, the company ensures a seamless experience with instant cash loans, competitive pricing, and no credit checks, making it an ideal option for those needing quick financial assistance.

In addition to its loan services, the company also caters to bargain hunters with a diverse selection of quality second-hand goods available for online purchase. From estate jewelry, gold, and diamonds to digital cameras, laptops, and game consoles, customers can find excellent deals on a variety of pre-loved and as-new items. With a commitment to professionalism, trust, and competitive pricing, this company has become a go-to destination for individuals looking to pawn, sell, or shop for valuable goods.

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