Designer handbags have grown in popularity as items that people bring into pawn shops for buys and loans. Our team at Empire Loan is more than happy to help you get some quick and easy cash! These handbags and accessories can be a great way to get the fast cash you need. Empire Loan offers pawn loans and buys on pocketbooks, handbags, purses, wallets, knapsacks, and a wide range of other accessories. These items can range in price from $10 or $20 to tens of thousands of dollars for select designers.
At Empire Loan, we have a constant flow of handbags and other accessories coming in and out of our stores. Because of this, we always have a wide range of items in stock and different things at different stores. One thing you can bet on is that you’ll find a gem of an item for a great price at all eight of our locations! Can’t make it to one of our stores? Click the button below to shop handbags and accessories on our eBay online store!
How Much Is My Handbag Worth For A Buy Or Loan?
Handbags from companies like Coach, Kate Spade, Michael Kors, and Juicy Couture, to name a few, may sell for a few hundred dollars brand-new in major department stores. These bags are often beautiful and functional, but when considering them for pawn loans and buys, we must keep in mind that on the secondhand market, these same bags will often sell for under $100, even when they’re in perfect condition. Here at Empire Loan, we make offers based on a percentage of the secondhand selling price of these bags for a loan or buy – meaning we most likely won’t offer you anything close to their original retail price.
High-end designer bags like Louis Vuitton, YSL, Gucci, Dior, and others may sell for thousands when they’re brand-new and may retain much more of their value on the secondhand market. As always, condition plays a large part in the value of any handbag, including the “smell” of the handbag. Smokers beware!
Here are a few other things to consider regarding the value of your handbag:
- Tags, receipts, and any documentation you have to prove authenticity can add value to your item.
- Outer dust bags, the original box, and even the shopping bags from the designer shop where you bought it can also add value.
Authentic Handbags At Empire Loan
Authenticity is the single most important factor for determining the value of a handbag. We’ve all seen the stores and street vendors selling “high-end” designer knock-offs that look like the real thing. There are even people who claim they can “spot a fake from a mile away”, but there are some very good fakes. How does our team at Empire Loan verify authenticity? In addition to the items mentioned above that may help prove authenticity, all Empire Loan stores work with a company called Entrupy that authenticates handbags from a number of famous designers. Through their app, Empire’s staff takes photos and submits them to Entrupy, who then puts them through their algorithms to authenticate your items in minutes. Best of all, Entrupy guarantees their results. Through this app, Empire Loan can ensure that your bags are what they say they are!
If you want cash for your handbags, call the nearest Empire Loan store directly, and we can start assisting you over the phone. At Empire Loan, it’s that easy! Contact us today at any one of our eight locations throughout Massachusetts and Rhode Island!
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