Guitar owners are a special kind of person. Once they start playing, they never seem to have enough guitars or accessories. But, sometimes, life happens, and guitar players need to pare down their collection due to a move or for some quick cash. Whatever the reason, if you are a guitar owner and are thinking of pawning or selling your guitar at your local pawn shop but are not sure where to start, Central Mega Pawn has you covered. Keep reading to find a guide to getting the most for your guitar at your local pawn shop.
If you are new to working with your local pawnshop, you should know a few things beforehand. For one, a pawnshop can only make loans against or buy items that they can resell. This means that you may not get the full amount that you are expecting. Generally, count on an offer of about 40 – 60% of your guitar and gear’s going rate, unless it is a rare specimen.

Also, every pawnshop is a reflection of the community it serves, which means that demand for guitars will be a factor in how much your pawnbroker will offer, or if they will even accept it at all. Some guitar brands can also command a higher price due to their popularity or reputation for quality, while other brands are generally avoided. Popular guitar brands include but are in no way limited to:
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Finally, pawnshops are in the business of making collateral-based, short-term loans. This means that your loan is secured by an item of value – in this case, your guitars. When you take out a pawn loan, your pawnbroker will hold on to your guitar until you repay your loan. If you do not repay, the pawnbroker takes possession of your guitar and sells it to recover the amount.
When it comes to reaching a price, feel free to negotiate with your pawnbroker. However, be sure to have realistic expectations. We will go over how to figure out a fair price a little later.
Pawning your guitar and gear is an excellent option if you need a quick, safe cash loan. Pawn loans are one of the safest kinds of loans out there. Pawn loans do not put your credit score at risk, and they do not trap you in a vicious cycle of debt like other sources of loans, such as payday advances.
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Even better, you can get your guitar back when you pay your loan back on time, which is excellent news if you are not entirely ready to part with your instrument or gear just yet. Your guitar and guitar gear can be a source of quick cash whenever you need it.
Selling your guitar and gear to your pawn shop is an excellent alternative to selling online through Craigslist or Reverb websites. When you sell to a pawn shop, you get your cash in hand in minutes, unlike selling where you will have to create an account at the website, take and post photos, then deal with picky buyers who will try to lowball you, then risk your safety by meeting in public for the handoff. Selling to your local pawnshop is quick and easy.
Pawning or selling your guitar and guitar gear is a personal decision. If you are not ready to let go of your guitar forever, a pawn loan may be your best option. If you just need the most cash possible for your gear, selling may be the way to go, as on average, a pawnbroker can offer a little more money when you sell. However, you will not get your gear back when you sell, which may be a concern if you plan to keep using your guitar, either to play or to use again and again for a pawn loan.
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Pawnshops are members of your community. As such, they want to make connections with their neighbors and support them in times of need. Visit us today to see how we can help you get a fair price for your guitars and guitar gear.Whether you need an affordable instrument for your child’s music lessons or are looking to pick up a new hobby, the team at Geauga Pawn and Alliance Loan Company is here to help. Located in Newbury & Alliance, Ohio, our pawn shops have been serving the community for over 30 years. With guitars, drum sets, horns, and more, we offer a wide selection of quality musical instruments at both locations.
Perhaps you have an instrument you don’t play anymore, or maybe you’ve recently upgraded to a better model. If you have a gently used instrument, consider selling or pawning it at one of our pawn shops. We deal in clean and well-made instruments including but not limited to:
We also purchase guitar accessories, such as amplifiers, guitar pedals, and gig bags. Our friendly and professional team can help you find the instruments and equipment you’re looking for and can guide you through our process if you have an instrument you’d like to sell or pawn.
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At Geauga Pawn and Alliance Loan Company, all items we consider must be owned by the person trying to pawn or sell them. Please note:
A team member will evaluate your items in front of you and offer a fair cash price. We do our very best to give our customers the best price we can.

Whether you are buying, selling, or pawning, we’re a great option for dealing in musical instruments including guitars, drums, flutes, violins, and more. With two pawn shop locations serving the Ohio communities in and around Geauga and Stark County, our goal is to provide great customer service with every transaction.
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You can follow us on Facebook to see our latest featured products for sale. Our pawn shops are regulated and licensed by the Ohio Department of Commerce (License # PB100167.000). For more information, contact Geauga Pawn and Alliance Loan Company today.He said he had relationships with several pawn shops around the city. He would price guitars for them, and in return, they would give him deals on instruments.
One day, the EZ Pawn on Rainbow Boulevard and Sahara Avenue called because they had a guitar coming out of pawn that they knew he would want.
He noticed right away that it was a special guitar. Not only was it a Lucille, it had 80th birthday Lucille prototype 1 stamped on the headstock.
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You don't find a prototype guitar out in the public. Usually, those are owned by the artist or by the guitar company, Dahl explained.
Dahl bought the guitar for just over $2, 000, thinking the blues legend had maybe just held the instrument for a few minutes.

While researching the guitar's origin, he found the price of the guitar was closer to $30, 000 to $40, 000 and Gibson had only created 82 of them.
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That is only part of story. The next twist came when a representative of Gibson guitars called. The guitar company representative asked Dahl about hisB.B. King Lucille.
Dahl explained that he had two and one was an 80th birthday edition, which is when the representative dropped a bit of a bombshell.
'No, you don't understand, you have B.B. King's birthday present that we gave him for his birthday and he would really like to get it back, ' Dahl recalled, Iwent very quiet at that point.
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Dahl said both the Gibson people and King's people asked how much money it would take to get the guitar back. To the surprise of both camps, Dahl said he wouldn't take any money.
I take it, previously, that people had tried to hold it hostage and get money from them for guitars and things that Mr. King had lost and I wasn't going to take any money, Dahl said.

I don't think anyone believed it was the guitar until Iwas sitting next to him in is office in Las Vegas, Dahl said.
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As soon as he looked down, he started smiling, Dahl saidI pulled it out and gave it to him and you would have thought Ihad given him a million dollars. He never thought he would see this guitar again and it was one of his favorites.
Dahl believes the musician wanted to meet him because he was the only person who hadn't ask him for money to return it.
It surprised everybody that I wasn't trying to get any money out of them. I just wanted to return his guitar to him.I think that meant a lot to Mr. King, Dahl said.
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Joe Schoenmann joined Nevada Public Radio in 2014. He works with a talented team of producers at State of Nevada who explore the casino industry, sports, politics, public health and everything in between.
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