Pawning an item does not have to feel confusing. At John’s Loan & Jewelry in Las Vegas, the process is direct, legal, and handled in person at their local pawn shop. You bring in an item of value, use it as collateral for a short-term pawn loan, and receive cash on the spot. When the loan is paid back, you get your item returned. The goal is simple, quick access to cash without selling what matters to you.
Everything You Need to Be Able to Pawn at John’s Loan & Jewelry in Las Vegas
Before walking into John’s Loan & Jewelry it helps to know what is required. Pawning is regulated in Nevada, so a few basics are always needed. This section covers the items and ID that make the process smooth and fast.
Pawnable Item
You must bring in an item that the shop is allowed to take on pawn. Common pawnable items include gold jewelry, silver, watches, luxury handbags, firearms, and other items with clear resale value. Items that are damaged, incomplete, or restricted by law cannot be accepted.
John’s Loan & Jewelry keeps an updated list of pawnable and non-pawnable items on their website. Checking that list before you visit saves time and avoids surprises.
Form of ID
A valid photo ID is required for every pawn loan. The shop accepts Nevada state ID, out-of-state driver’s licenses, and passports. The ID must be current and match the person pawning the item. This is required by law and protects both the customer and the shop. Here are the full list of reasons pawn shops require valid ID.
John’s Loan & Jewelry’s Loan Process
Once you arrive at the Las Vegas location, the process is handled in person from start to finish. You walk into the shop, are greeted by the staff, often Shimmon, Jordan, or John himself, and let them know you want to pawn an item. From there, the loan steps begin.
Check Item
Each item is inspected and verified before any offer is made. Gold, silver, and jewelry are tested using professional testing machines that are up to 99.99 percent accurate. Designer bags are checked for authenticity. Watches, including high-end brands like Rolex, may have the back opened for inspection. Original boxes and paperwork can increase the loan value.
Show ID
Your ID is checked and logged as part of the pawn transaction. This step is required for all pawn loans and keeps the transaction compliant with Nevada regulations.
Make Offer
You let the staff know how much you are looking to pawn the item for. If your number is close to current market value, they will work with you. The final loan amount is agreed on before any paperwork is signed. Here are a few tips on negotiating prices for pawns.
Receive Cash Same Day
If both sides accept the offer, a pawn slip is written. You sign the agreement, receive a copy for your records, and walk out with cash in hand the same day.
Pawn Loan Terms for Firearms
Firearm pawn loans follow additional state and federal rules. John’s Loan & Jewelry explains the process upfront so there are no surprises. The steps depend on if the firearm owner has a valid Concealed Carry License, also known as a CCL.
Pawning Process for Guns
The firearm is inspected and logged according to legal requirements. The process changes slightly based on licensing status. Customers with a CCL move through the process faster, while those without a CCL must complete additional steps before picking the firearm back up.
Background Check Before You Pick Up Item
If the firearm owner does not have a CCL, a background check is required before the gun can be released from pawn. Customers are encouraged to call ahead to fill out the firearm paperwork before coming into the shop. This helps avoid delays and keeps the pickup process smooth.
Pawning With a CCL
Customers with a valid CCL can pick up their firearm the same day after completing the required firearm form. Bringing the CCL at the time of pickup helps speed up the process.
John’s Loan & Jewelry’s Pawn Loan Terms
Pawn loans are structured to be clear and short-term. The terms are explained before you sign anything so you know exactly what to expect during the loan period.
3 Month Loan Term
John’s Loan & Jewelry uses a three-month pawn loan term. The shop previously offered four-month loans but switched to the three-month system in June of 2025. This structure gives customers a clear timeline while keeping interest costs lower.
8% Interest Rates Compared to Competitors at 13%
John’s Loan & Jewelry offers an 8 percent interest rate, which is lower than many competitors who charge around 13 percent. Over a three-month loan, this difference can add up. Pawning multiple items at a lower rate means paying less interest over time compared to larger chain pawn shops.
Picking Up Your Item
When you are ready to redeem your pawned item, there are a few ways to do it. Customers can call ahead and come into the shop to pay the loan balance. Payments can also be made through the online portal, then the item can be picked up in person.
For customers who are out of state, the loan can be paid online and the item shipped back. All shipped items are insured, and shipping options vary based on the item.
Rewriting Your Pawn Loan
If you are not ready to pick up your item at the end of the three-month term, you can rewrite the pawn loan. Rewriting means paying the interest and starting a new three-month loan period using the same item as collateral.
For example, if you pawned an item for $300, the rewrite cost would include the $5 pawn fee plus 24 percent of the loan amount for the three-month term. That would equal $72 in interest plus the $5 fee to renew the loan for another three months. Customers can also pay down the principal amount, which lowers the interest cost moving forward.
After 3 Months of No Payment for Your Pawned Item
If no payment is made and the loan is not rewritten after the three-month term, the item is forfeited. Communication matters. John’s Loan & Jewelry will work with customers who stay in contact about their situation.
The goal is not to take someone’s property. The shop would rather help customers keep their items by allowing them to pay interest or rewrite the loan. Pawn loans are meant to help during short-term financial needs, not create long-term problems.
Contact Us to get started!