My friend recently had a major attic excavation and unearthed antique watches and forgotten trinkets. She wanted to turn this dusty (but valuable) haul into some cold, hard cash but had no clue where to start.
So, the detective in me kicked in—I tapped my network, scoured reviews, and came up with a list of Toronto’s most trustworthy and reliable pawn shops. After a successful mission, she walked away with a smile and some extra spending cash.
For those of you with attic gold or just needing a quick cash boost, here are the top-rated pawn shops in Toronto that will make your day!
How We Chose the Best Pawn Shops in Toronto
1. Queenglad Pawnbrokers

Queenglad Pawnbrokers has been a downtown Toronto staple since 1996. In fact, they’ve been recognized by Today’s Pawnbroker.
If you’re looking to offload some gold jewelry, this is the place to go—they specialize in buying everything from gold charms and pendants to diamond earrings, rings, and watches. They also have a solid selection of women’s bracelets and necklaces.
And their electronics selection is impressive, covering everything from PCs and laptops to gaming systems and home audio. They even test each piece to ensure it works perfectly before selling it.
They also buy and sell musical instruments and power tools.
However, we heard reports of them lowballing customers, especially when it comes to gold. So, if you’re selling, do your research and know the current gold prices before heading in.
Pros
- Over 20 years of experience
- Recognized by Today’s Pawnbroker
- Specializes in gold jewelry
- Also buys and sells electronic equipment
- Musical instruments and power tools
Cons
- Reports of lowballing customers
Best pawn shop in the city
“This is the best pawn shop in the city. The buy and sell is fair and they explain their appraisal for the current market and values. Prices for loans are comparable to other pawn shops.”
ARM, Google Review
Always gives the best prices
“Always gives the best prices. Always polite and efficient and has been my go to spot for years. Highly recommend. Your stuff is taken care of and always notified well in advance of time frame to pick up.”
s pie-espi, Google Review
2. McTamney’s

McTamney’s, a family-run business since 1860, is a well-known spot on the Danforth in Toronto, right between Pape and Donlands stations.
Instead of selling your stuff, you can bring in something valuable as collateral, get the cash, and then pick up your item after paying back the loan with interest and storage fees. And they offer flexible loan terms of 3 or 12 months.
If you want to clean out your jewelry box, McTamney’s buys a variety of items like gold, silver, platinum jewelry, luxury watches, and even broken pieces or scrap gold.
As a bonus, they provide insurance appraisals signed by certified professionals. Custom jewelry design is available as well—no matter your budget, their jewelers will work with you to create exactly what you want.
Just be aware that some customers have mentioned dealing with rude, patronizing staff.
Pros
- Over 160 years of experience
- Offers loans
- Buys and sells jewelry
- Offers insurance appraisal
- Custom jewelry design
Cons
- Reports of rude, patronizing staff
Honest, reliable, & very decent people to deal with
“This is Meagan. My partner, Dr.Khamsi & I have been a customer for over 30 years. I really enjoy shopping from Mc Tammany, they are honest, reliable, & very decent people to deal with.Special thanks to Matthew for helping me with purchasing jewelry, he is always helpful, spending hours to help me choosing Jewelry, he is very professional & patient.”
mozhi mosh, Google Review
Experts in the pawn industry, hands down
“Experts in the pawn industry, hands down. If you require any help in fixing jewelry or finding jewelry for Valentines 💘 day, this location has beautiful pieces.”
Community, Google Review
3. Diamond Jewellery & Loan

Diamond Jewellery & Loan (DJL) has been Toronto’s top gold and jewelry buyer since 1986.
If you’ve got rings, pendants, necklaces, or bracelets with diamonds or colored gemstones, DJL will try to give you top dollar. They take everything from yellow, white, and rose gold, plus luxury watches like Rolex, Patek Philippe, and Omega.
For those who need quick cash, they also offer loans using your jewelry, luxury watches, gold, diamonds, and precious metals as collateral—accept the offer, sign the agreement, and you’ll have your cash in ten minutes or less.
The best part is that your loan won’t impact your credit score and stays confidential. Flexible repayment schedules and secure storage for your valuables are also offered.
As a cherry on top, every consultation comes with a warm cup of coffee. However, some folks have mentioned dealing with snooty staff, so keep that in mind.
Pros
- Over 30 years of experience
- Buys and sells jewelry and luxury watches
- Offers loans with collateral
- Have your cash in ten minutes or less
- Won’t impact your credit score
- Flexible repayment schedules and secure storage
- Free coffee during consultation
Cons
- Minor reports of snooty staff
Conducts business with compassion, transparency, and empathy
“Had the pleasure of Betty helping me. 5 stars just isn’t enough for this company. Betty you were extremely kind and understanding, I know if I had gone elsewhere, I wouldn’t have received even a fraction of the customer service! Thank you so much for conducting your business with compassion, transparency and empathy for folks who’ve hit a road bump in life and need some extra financial support! 🙏🏽♥️”
Kim D, Google Review
These guys are best in the game
“I am literally out of words by the experience which I had here and I mean that in a positive manner. The associate whom I dealt with was Ben, he was extremely polite, well mannered and did his best to help me out and I really mean that. I got the best buck for my jewellery. He properly explained me the payment system and overall the whole process was extremely swift. These guys are best in the game, I totally recommend them.”
Max Max, Google Review
4. Toronto Gold

Toronto Gold is a Canadian-owned, family-run pawn shop that aims to make you feel right at home. Located on Bloor Street West in Toronto’s Bloorcourt neighborhood, they cater to anyone looking to buy or sell gold.
When you step into Toronto Gold, you’re greeted with a cozy atmosphere and a cup of coffee, which is pretty nice. Then you go through the quick evaluation process, which usually takes about 15-30 minutes.
They involve you every step of the way, using methods like the acid scratch test, X-ray fluorescence testing, and more.
We also learned about their price guarantee. Whether you’re selling gold bullion, coins, or jewelry, they promise to beat any higher written offer by 20% of the difference.
However, some customers have mentioned encountering uneducated staff, so it might be worth double-checking their assessments.
Pros
- Buys gold bullion, coins, or jewelry
- Has a price guarantee
- 15-30 minute-process
- Meticulous gold testing
- Customers are offered coffee
Cons
- Complaints about uneducated staff
The only place I trust to sell any gold
“Always have a great experience coming here as well this is the only place I trust to sell any gold. They are honest and will never scam you! They honour the market value as well have amazing customer service and truly value all their customers. Thank you guys.”
poyzonis universe, Google Review
Toronto Gold is trustworthy and fair
“Toronto Gold is trustworthy and fair. We had an issue with one ring that assayed less than the stamped purity, 12 k vs 14k. After some discussion with the jeweller who originally sold it to me, we asked Tommy at Toronto Gold to re-run the test.”
Zarkano, Google Review
5. A. Edwards & Co Pawn

A. Edwards & Co Pawn has been in the same location in North Toronto for over 30 years, offering pawn loans and buying a variety of valuables.
We like that they have flexible loan terms, from one day to ten years, with a simple three-step process. And they buy a wide range of gold and jewelry, including diamonds, watches, and even broken pieces.
Besides gold and jewelry, they also purchase artwork, coins, silverware, and other antiques. As a bonus, they ensure privacy and confidentiality with no credit checks and minimal paperwork.
Plus, they offer repair and restoration services for jewelry to keep your valuables in top shape.
On the other hand, we heard reports of inaccurate pricing, especially when it comes to the value of items.
Pros
- Over 30 years of experience
- Flexible loan terms
- Buys a wide range of gold and jewelry
- Buys artwork, coins, silverware, and other antiques
- Offers jewelry repair and restoration services
Cons
- Reports of inaccurate pricing
I was always treated with respect and dignity
“This place is amazing. Respectful and professional staff that know what they are doing. 🙏👍🏻 I remember coming here many years ago as a kid with my late mother. We were going through some harsh times back then. Fast forward a few years back, I was all grown up and starting my own business, but of course, at times, I would come up short financially, here and there. Being on my own, I had to rely a lot on A.Edwards & Co Pawn… I was always treated with respect and dignity, no matter the situation.”
Contrac Tech, Google Review
Honest, safe, reliable pawn shop
“Honest, safe, reliable pawn shop been getting services here a long time, very happy with them.”
Shawn Tremblay, Google Review