Accepted Items for loan

What is a Pawn Shop?

A pawnshop is business that loans money to people who bring in valuable items which they leave with the pawnbroker. The valuables that people leave are called the "collateral". The person can get their valuable item back from the pawnbroker if they pay back the money they were loaned plus the interest.

Call our pawn shop in the Washington, D.C. area at (703) 893-0566 and we will be happy to help you!

How Does a Pawn Shop Work?

The pawn shop process allows customers to receive loaned funds while we store a collateral item of value. Once the loan amount and interest is repaid based on agreed-upon terms, you can retrieve your item, and the exchange will never be reported on your credit. Tysons is one of the most respected pawn shops in the DC area, with many returning customers.

The Best Pawn Shop in Washington, DC area

Tysons Watch and Jewelry has been called the "Tiffany of Pawnshops" and is dedicated to offering the best price to both our buyers and sellers. Tysons is the premier pawn shop in the Washington, D.C. metro area. Customers who want to sell their diamonds, gold, or luxury watches for short-term cash loans know they can get a fair price and private transaction in a safe and secure location.

Let us Know How Much You Need

Inform the Tysons Watch & Jewelry Exchange staff of how much money you are trying to raise. Our pawn loans range from $50 to $500,000. Proper identification is required and a short contract must be completed. Rest assured that all of your information is secure and confidential.

Time Length of Pawn Loans

Pawn loan terms are established and explained; make a payment once a month and you can automatically extend any collateral loan for an additional 30 days. We offer this service as often as a customer might need.  We highly recommend our clients come in a hour prior to closing, so we are able to do the proper research required in order to give you our best offer for your merchandise.

Pawn Loan Rates

The combined interest and service charges will typically be 7-10% a month. Larger loans may qualify for a lower monthly charge. All charges are within the guidelines mandated by the state of Virginia Bureau of Financial institutions.

Security/Storage of Valuables

All loans are placed in a secure warehouse or safe. No customer’s valuables are ever displayed to the public. Tysons Watch & Jewelry Exchange maintains insurance while in possession of any loans, and or consignments, but we still recommend maintaining your personal policy on these valuables.

What Items Do You Accept? 

Tysons Watch & Jewelry Exchange accepts the following types of jewelry: diamonds, luxury watches, gold, gold coins and bullion, platinum, silver and fine designer purses. We accept everything from the most popular brands of jewelry (Tiffany, Rolex) to lesser-known manufacturers as well. Other valuables are considered but please call first.
  • Diamonds
  • Luxury Watches
  • Gemstones Set In Precious Metal
  • Gold
  • Gold Coins
  • Bullion
  • Platinum
  • Silver
  • Fine Designer Purses

Is it better to Pawn or Sell?

The answer really depends on the customer’s circumstance. Pawning an item allows for the customer to retrieve the item after they repay the amount borrowed plus the interest.  We allow the customer any length of time necessary as long as they pay the interest monthly.

Selling an item is best for clients who are not interested in retrieving their item/s. There are no charges for selling an item outright.

Neither transaction is ever reported on one’s credit.

How Do You Determine the Value of Jewelry?

Each item is individually evaluated based on current market values. We attempt to lend clients the amount that they request to borrow. We explain that, as a pawnbroker, we can make more revenue by lending more money. Customers who would like to compare our offers for their preowned jewelry, timepieces, and more against other pawn shops or buyers of estate jewelry in the Northern Virginia and Washington, DC area always return proclaiming that our cash offer was superior to all others.

When we buy an item outright, the transaction is also based on current market values. We access many resources to best evaluate all items.

There is no single answer to a sole calculation or formula that we use to determine offers. We do pride ourselves in our continued annual growth and retaining a very high repeat clientele.

Local Areas Served Near Washington, DC

Are you looking for a pawn shop in the Washington, DC area? Look no further than Tysons Watch and Jewelry Exchange located conveniently in Vienna, VA right outside of the District of Columbia. We have been serving customers in the National Capital Area , Maryland and Northern Virginia for over 25 years. Here is a list of areas that our pawn shop serves, including but not limited to:

  • Washington, DC
  • Fairfax, VA
  • Other cities in the DC, Maryland, Northern Virginia and Metro Area 

Looking To Pawn Your Jewelry? Turn Your Used Jewelry Into Cash!

Tysons Watch & Jewelry Exchange has an expert staff of trained jewelers who can identify, authenticate, and evaluate your used jewelry right here in Tysons Corner, Virginia. Our pawn shop is conveniently located in the Washington, DC metro area, where we’ve been proudly serving patrons for over 25 years.

Don’t settle for less reputable jewelry shops when it comes to getting fast and easy cash for your valuables. You can trust and depend on the superior customer service and industry knowledge of our staff here at Tysons Watch & Jewelry Exchange. We’ll help you pawn your jewelry for the highest market value with full transparency every step of the way. Rest assured that you have finally found the best way to pawn jewelry for cash in Virginia with the help of our highly trained, tenured, and dedicated staff.

Want to know more about Tysons Watch & Jewelry Exchange?  Take a look at our FAQ page for more information. 


Step 1: Item Evaluated

To begin the pawn process, call to schedule an appointment. Bring your collateral item along with a valid government-issued ID to Tysons Watch and Jewelry Exchange. A driver’s license or passport is considered acceptable. If you have any certificates or grading reports pertaining to your item, bring those as well. Our staff of industry experts will carefully evaluate your item to provide a fair appraisal. This process varies depending on item type, but it’s best to allow for at least one hour. For instance, appraising jewelry will take a bit longer than evaluating electronics. Tell us the loan amount you need, and we’ll do our best to meet your expectations based on our appraisal.

Step 2: Loan Terms Established

After appraisal, the next step will be to agree on a loan amount for your item. Our pawn loans range from $50 to $500,000. We’ll establish loan terms, including the length of the loan and rates. Once we’ve covered the terms and your questions are answered, you’ll sign a short contract agreeing on the terms laid out.

Step 3: Cash Paid Immediately

Based on the loan amount agreed upon, we’ll pay you cash immediately upon signing your contract.

Step 4: Item Stored Securely

Storing items securely is a high priority for us. All collateral items are placed in our secure warehouse or safe, never on display to the public. We maintain insurance while holding the collateral item(s), though we do recommend continuing any personal policy you have on your valuables. As long as monthly interest is paid, your item will be stored as long as you need. When you’re ready to get your item back, you’ll come in and pay us the loan amount and any other fees agreed upon in the contract. Your items will then be returned to you immediately with no hassle.