Pawn Shops in Memphis, Tennessee

Memphis and the surrounding Shelby County area — including Cordova, Collierville, Millington, and areas along the Mississippi border — have dozens of pawn shops. As Tennessee's largest city and a major hub for the Mid-South region, Memphis supports one of the most active pawn markets in the state. FindAPawnShop.com lists verified shops across all Memphis neighborhoods.

Yes — all pawn shops in Tennessee must be licensed under the Tennessee Pawnbrokers Act (TCA Title 45, Chapter 6) and comply with local city and county regulations. Pawnbrokers in Memphis are required to report all transactions to the Memphis Police Department, hold purchased items for a mandatory waiting period, and maintain detailed transaction records to help prevent the resale of stolen goods.

Pawn shops in Memphis are spread throughout the city, with concentrations along Summer Avenue, Lamar Avenue, and South Third Street. Whitehaven, Orange Mound, Midtown, and North Memphis tend to have higher densities of pawn shops serving local communities.

Yes — gold, silver, and jewelry are among the most actively traded items at Memphis pawn shops. Always check the current gold spot price before visiting and get quotes from multiple shops. Many Memphis pawn shops also specialize in electronics, musical instruments (given the city's rich music heritage), tools, and firearms.

Most Memphis pawn shops are open Monday through Saturday, roughly 9AM to 6PM. Hours vary by location. Always check the individual listing page for exact hours before visiting.