New store of­fers a lo­cal op­tion for elec­tron­ics

Sunday Star - - BUSINESS - By JACK RODGERS jrodgers@thekent­coun­tynews.com

CHESTERTOWN — John Wood­field wants Chestertown Jew­elry, Coins, Elec­tron­ics and Pawn to be more than a place to sell un­wanted items.

Wood­field and Jeremy Traux opened the busi­ness in the 900 block of Wash­ing­ton Av­enue in early June. They said it fills a com­mu­nity need.

Be­fore Chestertown Jew­elry, Coins, Elec­tron­ics and Pawn opened, Chestertown res­i­dents’ only op­tions for bat­ter­ies and other elec­tron­ics were stores in Mid­dle­town and Dover, Del.

“While we’re open­ing a pawn shop, we’re re­ally open­ing up a place to serve the com­mu­nity for wire­less needs and elec­tronic equip­ment, as well,” Traux said.

Wood­field and Traux also own Del­marva WiFi, pro­vid­ing in­ter­net ser­vices to WaveVi­sion’s cus­tomers when the com­pany closed its doors in 2015.

Chestertown Jew­elry, Coins, Elec­tron­ics and Pawn will of­fer fi­nanc­ing for prod­ucts, Wood­field said. Res­i­dents have no lo­cal op­tions for this ser­vice, he said.

Wood­field said there are no credit checks for fi­nanc­ing, and cus­tomers have to spend only a few dol­lars to be ap­proved.

Wood­field said Chestertown Jew­elry, Coins, Elec­tron­ics and Pawn of­fers low prices for lap­tops, TVs and other elec­tron­ics that can be costly. Wood­field, a Kent County na­tive, said it is im­por­tant to of­fer af­ford­able prices for these items in the com­mu­nity.

The in­ven­tory for Chestertown Jew­elry, Coins, Elec­tron­ics and Pawn in­cludes items “sal­vaged” from elec­tron­ics stores that have gone out of busi­ness, Wood­field said. Some prod­ucts will be sourced from as far away as Puerto Rico, he said.

Wood­field ex­pects to stock the store with more than 15,000 items.

Traux said Chestertown Jew­elry, Coins, Elec­tron­ics and Pawn will ro­tate its stock, de­pend­ing on the re­quests of cus­tomers. So far, the de­mand has been mostly for items for work, like cell­phone charg­ers and head­sets, he said.

“If in the midst of these 15,000 or 20,000 dif­fer­ent items we’re go­ing to have in here, some­one comes in and they need some­thing that we don’t have, we’re go­ing to keep track of it, we’re go­ing to get those things stocked up,” Traux said.

Ap­praisal of an­tiques also will be of­fered, Wood­field said. The busi­ness will have a mod­est num­ber of an­tique sil­ver coins and other col­lecta­bles, he said.

“We’re cer­tainly here if peo­ple want to bring in things that they don’t know what they are,” Wood­field said. “Some of the best deals I’ve made with peo­ple where I’ve got­ten them the most money, is when they bring in a box of what they thought was cos­tume jew­elr y, and you pull it out and say, ‘Look you’ve got $1,000 worth of gold here.’”

Wood­field said one of the chal­lenges of run­ning a busi­ness like this is the many laws and reg­u­la­tions. Pawn shops are re­quired to hold pre­cious met­als, such as gold and sil­ver, for 18 days. In Kent County, pawn shops also must hold all items val­ued up to $20 for the same amount of time.

These laws as­sist law en­force­ment in lo­cat­ing stolen items, he said.

Wood­field said he and Traux are vig­i­lant about peo­ple who might try to sell stolen items to a pawn shop.

“When you say fam­ily friendly, we do want a fam­ily-friendly busi­ness. We don’t want a seedy busi­ness,” Traux said.

Chestertown Jew­elry, Coins, Elec­tron­ics and Pawn is lo­cated at 932 Wash­ing­ton Ave. It is open Mon­days through Fri­days from 9 a.m. to 6 p.m., with spe­cial hours on Wed­nes­days from 9 a.m. to 8 p.m. The store also is open Sat­ur­days from noon to 4 p.m. It is closed Sun­days. For more in­for­ma­tion visit https://www.face­book.com/ch­ester town­pawn/ or call 888-440-7296.

PHOTO BY JACK RODGERS

John Wood­field, left, and Jeremy Traux are the own­ers of Chestertown Jew­elry, Coins, Elec­tron­ics and Pawn.

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