Money Mike Pawn Shop logo

Money Mike Pawn Shop in New York, NY

No stored Google rating available.

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

Data compiled from public sources

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

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

Feature Checklist

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

Pros & Cons

Pros

  • stored 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 listed with no fees to verify
  • 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

State Consumer Finance Context

This is state-level context for Pawn Shops consumers in New York, NY. It does not confirm that Money Mike Pawn Shop or this specific location is licensed.

State regulator

New York Department of Financial Services

Money services context in New York

Short-term lending status: Banned

General rate context: 16% civil usury; 25% criminal usury; payday lending banned

New York bans payday lending through its 16% civil usury and 25% criminal usury caps. The Department of Financial Services aggressively pursues illegal online payday lenders. Consumers have strong protections under state law and can file complaints with DFS or the Attorney General.

Key state rules to check

  • Payday lending is banned; civil usury cap of 16% and criminal usury cap of 25% make it illegal.
  • The Department of Financial Services actively enforces against online payday lenders targeting NY residents.
  • Licensed lenders under the Banking Law may charge rates agreed upon for certain loan types.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does Money Mike Pawn Shop offer?

Money Mike Pawn Shop offers 12 services including 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, and 7 more.

What profile signals are listed for Money Mike Pawn Shop?

Money Mike Pawn Shop has profile signals associated with 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.

What are the strengths and weaknesses of Money Mike Pawn Shop?

Key strengths: stored 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. Areas to consider: 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.

How does Money Mike Pawn Shop compare to similar companies?

In the Pawn Shops category, comparable providers include 24hr pawn shop, A-1 Pawn Brokers, Abe Mor Diamonds. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

CreditDoc Profile Note

Research Note 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.

Profile Signals

  • 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 2026-05-08

Similar Companies

24hr pawn shop logo

24hr pawn shop

NYC-based pawn shop offering same-day cash for luxury watches, jewelry, diamonds, and electronics with extended hours until 2 AM on weekdays.

BBB: NR

Profile signals: Individuals researching short-term cash access for luxury items (watches, jewelry, diamonds) without appointment hassles, Night-shift or late-evening workers who need pawn services outside standard business hours

A-1 Pawn Brokers logo

A-1 Pawn Brokers

A-1 Pawn Brokers offers collateral-based loans and direct purchases of valuables including gold, silver, diamonds, and watches with 35+ years of experience.

BBB: NR

Profile signals: Consumers with poor or no credit history who are researching short-term cash access and may not meet traditional loan criteria, Individuals with valuable items (jewelry, watches, coins) they're willing to pledge short-term for liquidity

Abe Mor Diamonds logo

Abe Mor Diamonds

Family-owned diamond and jewelry buyer/seller in NYC since 1954, offering both retail purchases and consignment sales through their online platform.

BBB: NR

Profile signals: Jewelry store owners and retailers seeking wholesale diamond inventory with personalized supplier relationships, NYC-based consumers selling inherited diamonds or jewelry who prefer local in-person evaluation

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Quick Summary

  • Money Mike Pawn Shop is listed as a Pawn Shops provider in New York, NY on CreditDoc.
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