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Traders Loan & Jewelry

Selling and Buying Firearms From a Pawn Shop

January 31, 2020 by Traders Loan and Jewelry

Selling and Buying Firearms From a Pawn Shop

Although most people like to believe what they see on TV, pawn shops are where shady people buy and sell unregistered weapons for criminal purposes, the reality of buying and selling firearms from pawn shops is a lot less “Hollywood.” If you’re at all interested in buying or selling a firearm of your own, please, browse through the information we’ve provided below to garner some insight and tips on how to best ensure a smooth, entirely legitimate transaction.

The Truth About Selling and Buying Firearms To/From Pawn Shops

The truth is, buying and selling firearms of any kind is a strict business requiring licenses and other compliance to even be legally authorized to do. At Traders Loan and Jewelry, for instance, we are “L.A.’s only new gun dealer who will buy, sell, pawn, or store your gun all under one roof,” which means we have to, and do, take our liabilities very seriously. We’re fully licensed, registered, and comply with all official gun regulations and standards set forth by all recognizable authorities to ensure we provide the most lawful business practices at all times.

Important Things You Need To Know About Selling A Gun To A Pawn Shop

If you’re looking specifically to sell a firearm to a pawn shop, there are certain things you should know beforehand. For example, you need to make sure the gun you are trying to sell is already licensed and registered when you come into our shop, as we will need proof of this to even consider a transaction since all our for-sale firearms must be fully licensed and registered. You will also need to make sure when your firearm is brought into the shop, it’s unloaded and locked safely away inside a secure case along with any additional accessories or attachments it comes with. Additionally, you’ll need to have a photo ID that shows you are over 18, or 21 if you’re selling a handgun, and that you are a permanent resident of California. Lastly, as with any transaction involving a firearm, you should always be prepared to submit to a full background check.

What Exactly Can You Buy/Sell

Luckily for firearm enthusiasts all over L.A., we accept and sell all brands of shotguns, handguns, and rifles (no assault weaponry) – which we typically break up into three categories. Weapons we deem “mechanically functioning,” meaning functional but not overly impressive,  will often be considered, though each case is unique so your best bet is to just stop by and ask how valuable your weapon actually is. New and “like new” firearms obviously have considerably more value, and will thus almost always be considered for purchase, which is why our inventory mostly consists of such high quality firearms. Finally, of course, any popular antique firearms will be desired, and may even fetch a fine price depending on their exact specifications.

Want to know more about how you can sell or buy a firearm to/from Traders Loan and Jewelry? Stop by and see us today! We’ll answer any questions you might have about your weapon, or any of ours – all you have to do is ask! To get your pawning adventure started, come visit us at Traders Loan & Jewelry today at 18505 Sherman Way Reseda, CA 91335, call 818.345.8696 , or simply fill out the form on our contact page if you have any questions.

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Traders Loan & Jewelry

Traders Loan & Jewelry is the oldest pawn shop in the San Fernando Valley, serving clients for over 65 years with honesty, professionalism, and a friendly attitude. Traders Loan & Jewelry grants loans against collateral, offers onsite appraisals, sells new and pre-owned merchandise, designs and creates custom jewelry, and repairs watches and jewelry. We are a non-recourse lender, and do not report to credit bureaus due to loan defaults. We're known as the peoples bank because loans are based on the item and not the person. Unlike secondhand dealers, Traders Loan & Jewelry allows customers to borrow money against the value of an item, and at Traders Loan & Jewelry, 95% of customers redeem their items.
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Traders Loan & JewelryThursday, December 31st, 2020 at 8:23pm
To our clients, colleagues, and friends:

Have a Happy New Year!

Wishing you a wonderful 2021 from us to you!
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Traders Loan & JewelryWednesday, December 30th, 2020 at 6:23pm
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Traders Loan & Jewelry
Chanel Boy Flap Crossbody Bag Quilted Lambskin Old Medium | eBay
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Traders Loan & JewelryTuesday, December 29th, 2020 at 6:23pm
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Cartier Pasha 18K Yellow Gold Chronograph 38mm Watch 0960-1 | eBay
The scratch resistant sapphire glass protects the cream dial bearing stud hour markers, a date window and three noticeable sub-dials. A solid case back and a push button clasp make the watch ready to be yours.
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Sunday: Closed
Monday: 9:00 AM–5:30 PM
Tuesday: 9:00 AM–5:30 PM
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  • Address: 18505 Sherman
    Way Reseda, CA 91335
  • Contact Us
  • Tel: +818-345-8696
  • Twitter: @traderslj
Traders Loan and Jewelry makes loans on your items at an introductory rate of 2% for the first month on selected items.  You have up to 4 months to pay back the loan, and are then welcome to come in and renew your loan for another 4 months.  A typical loan of $300 for your item would incur a 33.31% APR for a total of $333.13 due at the end of the 4th month to reclaim your item.  Loan renewals after that 4 month period would incur similar costs.
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