NYC sneaker pawn shops continue to grow in popularity. Many are surprised by this fact. After all, most are used to seeing the items pawn shops have sold for generations such as jewelry, musical instruments and various electronics.
With the dawn of NYC sneaker pawn shops, these norms are quickly fading, however. Second-hand, high-end and collectible sneakers of all kinds are being sold at astounding rates. There has even been a reality TV show created based on the daily happenings of the first official sneaker pawn shop in the Harlem, New York City, for instance.
A common question that’s asked is, “Why such a craze over sneaker pawn shops?”
If you’re left scratching your head on this one, you’re not alone. Here are three reasons why sneaker pawn shops are so popular in New York City.
High-End Sneakers are Collectible
Just like some people collect antiques, classic vehicles or vintage records, there’s a group of collectors who love to grab up rare sneakers.
Whereas kids from generations past collected baseball cards, the sneaker hobby appeals to young and old alike. The reality is that people collect just about anything based on personal preferences.
There’s a thrill in putting a highly desirable pair of sneakers on display. It’s fun having something to call your own that many people would love to have. Some collectors spare no expense to add depth to their sneaker collection.
What exactly catches a person’s eye when it comes to sneakers? That all depends.
For some, it could be nostalgic reasons like the time era a particular sneaker comes from. For others, the sneaker might feature their favorite athlete or have been used by a sports star.
There’s Big Money to Be Made in the Sneaker Business
Believe it or not, some sneakers are so unique and rare that they sell for thousands at pawn shops. There’s some serious money to be made by selling collectible kicks.
Even if you’re not a big sneaker fan, earning some extra cash or possibly even making a living might change your mind. For many in this up-and-coming industry, that’s exactly what’s happened.
We all have to make money somehow. For some, buying and reselling sneakers or owning NYC sneaker pawn shops makes the most sense.
Buying Sneakers from Pawn Shops Provides the “Wow Factor” for Apparel
For some, the desirability of buying an expensive pair of sneakers is in wearing them. Forget putting them on a shelf to display for everyone to see who comes to their home. These sneaker collectors get a buzz out of showing off their unique kicks in public.
Perhaps, it’s a status thing. That’s not always the case, though. Some just have a genuine love for unusual sneakers and that’s all there is to it!
With over 20 locations in New York City, Gem Pawn Brokers prides itself in bring you the best merchandise available, including collectible sneakers.