You’ve found the right partner, now you need the right ring. Getting engaged is one of the biggest decisions of your life.
Giving your husband or wife to be an offering of a ring can be traced back to ancient Egypt. Egyptian mummies have been found with wedding rings made of metal wire on the ring finger of their left hands. Why the left hand? The ring finger is the only finger with a vein connected directly to the heart.
Over the years, silver or gold wire has evolved into a varied array of gold, platinum, silver, and titanium bands. The engagement ring usually has a focal point centered around one or more diamonds which have, thanks to ad campaigns, become the internationally recognized symbol of love.
Pawn Shop vs. Retail Jewelry Store
When it comes to buying an engagement ring don’t fall prey to extensive and expensive advertising campaigns. At the end of the day no matter where you shop what matters – is the ring itself.
The standard markup in the retail jewelry industry is from 300% to 1,000%.
That means that when you are browsing the cases in a retail store, a ring that is priced at $1,999 likely only costs them from $149 to $199. You are paying for overhead, salaries, rent of coveted real estate, brand recognition, prestige, and the inflated shopping experience. It is an expensive business to be in, and that expense gets passed on to the consumer.
Pawnshops don’t care what the retail price of the ring was. We realize that is an artificially constructed number. Some sellers may think they are being lowballed on the offer when pawn shops buy, but that simply isn’t the truth. They are normally offering a good amount for what the real value of the ring is based on stone, metal, quality of craftsmanship, and design.
Because of this, once the ring is thoroughly checked by First Pawn’s in-house jeweler, professionally cleaned, and in the best condition possible it is placed for sale at a small fraction of the original retail asking price despite often being in the very same condition.
Pawnshops offer a huge selection in style of rings from vintage heirloom pieces to recent designer fashions. Each as unique as your love.
Before you buy an engagement ring retail, come shop First Pawn Jewelry and Loan and check out our selection. Buying an engagement ring at your local pawn shop is the smart choice. Save that extra money for the honeymoon!
We have two convenient locations right here in Southwest Florida.
First Pawn 889 Airport Road South, Naples, FL 34104 | 239-434-7296
First Pawn 1331 Homestead Rd N, Lehigh Acres, FL 33936 | 239-369-2274