Money Mike Pawn Shop logo

Money Mike Pawn Shop

3.8/5

NYC pawn shop in Harlem specializing in luxury resale: designer handbags, high-end watches, limited-edition sneakers, gold, diamonds, and rare collectibles.

Editorially reviewed by Harvey Brooks

Contact for Pricing BBB: NR Visit Website

Money Mike Pawn Shop Review

Money Mike Pawn Shop is an independent pawn and luxury resale shop located at 1711 Amsterdam Ave in the Harlem neighborhood of Manhattan, New York City. Unlike traditional pawn shops that deal primarily in consumer electronics and tools, Money Mike has carved out a niche in the high-end resale market, catering to customers looking to pawn or sell designer and luxury goods. The shop's founding year is unverified, and it operates as a small independent business with no national chain affiliations or published certifications.

The shop's core offering covers buy, sell, and pawn transactions across a range of luxury and collectible categories. Customers can bring in fine jewelry and diamonds, luxury watches, designer handbags, limited-edition sneakers, gold and silver, antiques, vintage items, and rare memorabilia and collectibles. The business also markets expert appraisal services and emphasizes a no-hidden-fees approach to valuation — a claim that appears prominently in its customer-facing messaging. No formal loan amounts, interest rates, or fee schedules are published online, which is typical for pawn operations where terms are set per transaction.

Money Mike stands out within the local pawn shop landscape for its deliberate focus on the luxury segment, a relatively uncommon specialization in a market dominated by generalist shops. The business holds a 5.0/5 Google rating from 160 reviews — an unusually high score that suggests consistent customer satisfaction. It also maintains an active Instagram presence at @moneymikepawnshop, which appears to serve as its primary marketing channel for showcasing inventory and attracting buyers of high-end resale goods.

The shop's strengths are its luxury niche, strong reputation, and accessible Harlem location. However, there are real limitations to note. Pawn loan rates, fees, and terms are not disclosed publicly, so consumers cannot comparison-shop without visiting in person. The shop is closed on Saturdays, which is an unusual gap for a retail pawn operation. No BBB profile or third-party accreditation was found, and the use of a Gmail address as the primary business contact reflects the shop's small independent scale. Buyers and borrowers should call ahead to confirm current inventory and loan terms.

Services & Features

Pawn loans on luxury and high-value goods
Buy and sell fine jewelry
Buy and sell luxury watches
Buy and sell designer handbags
Buy and sell limited-edition sneakers
Buy and sell gold, silver, and diamonds
Buy and sell antiques and vintage items
Buy and sell rare memorabilia and collectibles
Expert item appraisals
Buy and sell fashion accessories
Buy and sell precious metals
Collateral-based short-term loans

Feature Checklist

Credit Education
Identity Theft Protection
Score Tracking
Mobile App
Online Portal
Personal Advisor

Pros & Cons

Pros

  • Perfect 5.0/5 Google rating from 160 reviews — unusually high score for a pawn shop
  • Specializes in luxury and designer goods, a rare niche not common among NYC pawn shops
  • Wide category coverage: designer handbags, luxury watches, limited-edition sneakers, gold, diamonds, antiques, and memorabilia
  • Expert appraisals marketed as transparent with no hidden fees
  • Convenient Upper Manhattan location at 1711 Amsterdam Ave in Harlem
  • Open seven days a week (Mon–Fri and Sunday 10am–7pm) with extended hours
  • Active Instagram presence (@moneymikepawnshop) for browsing available inventory

Cons

  • No published pawn loan rates, interest rates, or fee schedule — terms are only available in person
  • Closed on Saturdays, an unusual gap for a retail pawn and resale operation
  • No BBB accreditation or rating found, limiting third-party accountability verification
  • Primary contact is a Gmail address, reflecting limited formal business infrastructure
  • No mobile app or online pawn/loan portal for remote transactions

Rating Breakdown

Value
4.8
Effectiveness
3.5
Customer Service
3.7
Transparency
3.5
Ease of Use
3.7

Frequently Asked Questions

Is Money Mike Pawn Shop legitimate?

Yes. Money Mike Pawn Shop is a registered company headquartered in New York, NY. They hold a NR rating with the Better Business Bureau.

Quick Facts

Headquarters
New York, NY
BBB Rating
NR
BBB Accredited
No
Starting Price
Contact provider
Setup Fee
None
Free Consultation
No
Money-Back Guarantee
No
Visit Money Mike Pawn Shop

CreditDoc Diagnosis

Doctor's Verdict on Money Mike Pawn Shop

Money Mike Pawn Shop is genuinely best suited for New York City residents who need to quickly convert luxury or designer goods into cash, or who are hunting for high-end resale deals in Harlem. Its 5.0 Google rating from 160 customers is a credible signal of consistent service quality in a competitive urban market. The main caveat is that pawn loan rates and fee structures are entirely unpublished, so consumers should contact the shop directly before making any assumptions about loan terms or valuations.

Best For

  • NYC residents looking to pawn or sell luxury watches, designer handbags, or fine jewelry
  • Collectors seeking to sell rare memorabilia, vintage items, or limited-edition sneakers
  • Harlem and Upper Manhattan residents needing quick collateral-based cash on high-value items
  • Buyers shopping for pre-owned luxury goods at resale prices in New York City
Updated 2026-03-24

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