Paola Brewer from PoshPawn.com

As a full-service jewelry store and a pawn shop, I probably have a different perspective than other jewelry retailers. Obviously, spring and certain holidays like Valentine's Day see the most demand for engagement rings. For this reason, I think the customer may be at a disadvantage in that the retailers are expecting a lot of demand and are less inclined to negotiate prices. For this reason, I would recommend shopping during off-peak times of the year such as fall or winter. More importantly, if you are really trying to maximize your dollars, it would be wise to start a relationship with a high-end pawn shop such as ours. We get a constant flow of certified and non-certified diamonds in the store. We are continually sending stones to GIA for grading so we can sell them to the diamond dealers. If we can make a little extra profit selling them to the public, we are thrilled and the customer gets a huge discount from normal retail.

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