Mike's Jewelry & Pawn logo

Mike's Jewelry & Pawn

3.9/5

Family-owned pawn shop in Orlando, FL specializing in jewelry, watches, and electronics. Offers pawning, buying, and selling of used merchandise with GIA-certified appraisals.

Editorially reviewed by Harvey Brooks

Free to Use BBB: NR Free Consultation Visit Website

Mike's Jewelry & Pawn Review

Mike's Pawn & Jewelry has operated as a family-owned business for 35 years in Orlando, Florida. Founded and operated by Mike Young, the shop has built a reputation as a trusted community resource for buying, selling, and pawning valuables. The business is staffed by knowledgeable team members, including Malissa Young, who specializes in jewelry evaluation and customer service.

The shop offers a comprehensive range of services centered on collateral-based lending and retail sales. Customers can pawn items in good working condition for immediate cash loans with stated terms and fees. Mike's also buys gold, diamonds, jewelry, watches, cameras, electronics, and other merchandise outright. On the retail side, they maintain inventory of used brand-name items—including jewelry, watches, technology, cameras, tools, and musical instruments—marketed at 25-50% discounts compared to new retail prices. All jewelry appraisals are performed by an independent GIA-certified appraiser, providing third-party credibility.

The business distinguishes itself through specialization in high-end jewelry and watches, with access to over 40 premium watch brands. They offer trade-in options for watches and the ability to custom-make jewelry pieces. The shop emphasizes competitive pricing, fair valuations, and a hassle-free transaction process. Their broad inventory categories—from cameras and optics to computers and gaming consoles—position them as a general-purpose pawn and used goods retailer rather than a jewelry-only specialist.

Mike's Pawn functions as a traditional pawn operation: a secured lending institution that accepts personal property as collateral, plus a used goods retailer. This model suits consumers needing quick cash against collateral or budget-conscious buyers seeking discounted merchandise. The primary limitation is that pawn transactions are loans requiring repayment with fees; this is not a credit-building service, debt relief option, or unsecured lending alternative. Customers should understand pawn terms, conditions, and fees before transacting.

Services & Features

Pawn transactions (collateral-based loans) on items in good working condition
Gold and precious metal buying at competitive rates
Diamond and jewelry purchasing (including broken gold)
Watch selling and trade-in toward pre-owned timepieces
GIA-certified jewelry appraisals by independent appraiser
Custom jewelry design and creation
Used jewelry retail sales
Pre-owned watch sales (40+ premium brands)
Used cameras and optical equipment retail
Pre-owned electronics and computers retail
Used musical instruments retail
Tools and outdoor equipment retail

Feature Checklist

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

Pros & Cons

Pros

  • 35-year operating history as family-owned business with established community trust
  • Independent GIA-certified appraiser on staff ensures credible, third-party jewelry valuations
  • Competitive quotes and fast, straightforward pawn and purchase transactions
  • Trade-in options available for watches toward other pre-owned timepieces
  • Broad inventory across jewelry, watches, cameras, electronics, tools, and instruments with daily new stock
  • Custom jewelry-making services available upon request
  • 25-50% discounts on pre-owned brand-name merchandise versus new retail prices

Cons

  • Pawn transactions are loans with fees and repayment terms; not suitable for those seeking to avoid debt
  • Limited to single Orlando, FL location; not accessible to out-of-area customers
  • Website lacks specific information about pawn loan terms, interest rates, redemption periods, and fee structures
  • No mention of online selling, shipping, or remote appraisal services
  • Saturday hours end at 3:30 PM and shop closed Sundays, limiting weekend accessibility

Rating Breakdown

Value
5.0
Effectiveness
3.5
Customer Service
3.7
Transparency
3.5
Ease of Use
3.9

Frequently Asked Questions

Is Mike's Jewelry & Pawn legitimate?

Yes. Mike's Jewelry & Pawn is a registered company headquartered in 985 W Fairbanks Ave, Orlando, FL 32804. They hold a NR rating with the Better Business Bureau.

Quick Facts

Headquarters
985 W Fairbanks Ave, Orlando, FL 32804
BBB Rating
NR
BBB Accredited
No
Starting Price
Free to Use
Setup Fee
None
Free Consultation
Yes
Money-Back Guarantee
No
Visit Mike's Jewelry & Pawn

CreditDoc Diagnosis

Doctor's Verdict on Mike's Jewelry & Pawn

Mike's Pawn & Jewelry is best for Orlando-area consumers who need quick cash against collateral (pawn loans) or seek heavily discounted pre-owned merchandise. The primary caveat is that pawn loans require repayment with fees and are secured debt, not suitable for consumers avoiding additional debt obligations; the website provides limited transparency on specific loan terms, rates, and fee structures that should be clarified in-person before transacting.

Best For

  • Consumers needing immediate cash against personal property collateral (watches, jewelry, electronics, instruments)
  • Budget-conscious buyers seeking 25-50% discounts on pre-owned brand-name electronics, cameras, and technology
  • Individuals looking to sell or trade high-end jewelry and watches with GIA-certified appraisals
  • Local Orlando residents seeking a established, trusted pawn and used goods retailer with 35-year reputation
Updated 2026-04-01

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