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FAQ

  • What are your business hours?
    Ignacio - (970) 563-9090 640 Goddard Av., Ignacio, CO 81137 T-F 10-6​ Sat 10-4 Durango - (970) 403-3300 495 E College Dr., Durango, CO 81301 M-F 9:30-5:30 Sat 9:30-4 Cortez - (970) 565-4000 24099 road G.2, Cortez, CO 81321 M-Sat 10-6
  • Do you take printers?
    No, we do not take printers.
  • What types of items can I pawn?
    We accept a wide variety of items including jewelry, electronics, musical instruments, tools, and more. Items must be in good condition and have resale value.
  • How is the value of my item determined?
    The value of your item is determined based on its condition, current market value, and our ability to resell it. We consider factors such as brand, age, and demand.
  • How much can I borrow?
    The loan amount depends on the value of the item you pawn. Typically, we offer a percentage of the item’s resale value.
  • How much do we buy gold and silver in at?
    Typically we buy gold and silver at 85% for amounts under 20oz and 90% for amounts above 20oz, of the spot value for that day. However, prices may vary from day to -day.
  • Can I sell my items to KP Pawn?
    Yes, we buy items outright if you prefer not to take a loan. Bring your item to our store for an evaluation and receive an offer on the spot.
  • Buying Gold at 70%-110% of Spot Price
    What does "buying gold at 70%-110% of spot price" mean? We buy your gold items at a rate that is 70%-90% of the current market price for gold. What types of gold do you buy? We buy gold jewelry, coins, bullion, scrap gold, and gold watches. How do I know if my gold is genuine? We test and verify the authenticity of your gold using professional tools. Why do you pay 70%-110% of the spot price? We pay 70%-110% to cover our operational costs and ensure competitive rates Based on the amount you bring in. How do I get paid? You will be paid in cash or through electronic transfer immediately after we agree on the value. Do I need to bring identification? Yes, a valid government-issued ID is required. Can I get an estimate before coming in? Yes, call us or visit our website for an estimate. Final offers are made after in-person evaluation. Are there any fees or hidden charges? No, there are no hidden fees or charges. How often does the spot price of gold change? The spot price changes constantly during market hours, and we update our rates regularly.
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