Mobridge Pawn Shop
Larsen's Jewelry & Half Interest Pawn

There are two. Larsen's Jewelry & Half Interest Pawn at 211 N Main St is the one that is also a full jewelry store — pawn loans, gold and silver buying, diamond and estate jewelry, jewelry and watch repair, Black Hills Gold, silver bullion, coins, consignment and layaway, all across one counter. The jewelry store has been on Main Street since 1941 and the pawn counter opened in 2017. Pawn loans run 25% per 30 days, half South Dakota's legal maximum, and the consignment and layaway terms are published before you walk in so you can compare. See the full rate details.

Because that is the rate. South Dakota lets a pawnbroker charge up to 50% per 30 days and nearly every shop in the state charges the maximum. We charge half of it - 25% per 30 days. Borrow $100 and you pay back $125 rather than $150. It is not a promotion and it has no end date; it has been the rate on every loan since the pawn counter opened in 2017.

25% per 30 days. Borrow $100 and you repay $125. South Dakota's maximum is 50% per 30 days, which would make that same loan $150. Stated as an annual rate ours is roughly a 300% APR - we would rather tell you that than have you work it out later. A pawn loan is short-term borrowing and it is cheapest when you redeem quickly. There is no introductory rate, no minimum and no conditions. See the full rate details.

Now that there is more than one option in town, the useful move is to compare published terms rather than take anyone's word. Ours are all public before you walk in. Pawn loans are 25% per 30 days — half South Dakota's legal maximum of 50%, so $100 borrowed is $125 back rather than $150. Consignment is a flat 60/40 split in your favor with no time limit. Layaway is 20% down with no fees. Gold and silver are tested and weighed in front of you, and the karat table on the Cash for Gold page shows exactly how an offer is built. Pawn loans need no credit check and are not reported to credit bureaus. Text photos to (605) 850-9455 and get a real number before you drive anywhere.

Larsen's Jewelry has been on Main Street in Mobridge since 1941 - more than eight decades, under three different families. The jewelry side has bought diamonds, carried Black Hills Gold and done repair work that whole time. The pawn counter is newer: it opened in 2017. Today Larsen's Jewelry & Half Interest Pawn brings pawn loans, gold buying, diamond jewelry evaluation, jewelry repair, Black Hills Gold, and silver bullion together under one roof.

Larsen's Jewelry & Half Interest Pawn is located at 211 N Main St in Mobridge, SD. Customers from nearby communities can call or text photos before making the drive.

We're open Monday through Friday 11am-6pm and Saturday 11am-3pm. Closed every Sunday. Closed Christmas Day and New Year's Day. For other holidays, call ahead at (605) 845-3759. See our full hours and holiday schedule →

No. Pawn loans at Larsen's are based entirely on the value of your collateral - not your credit score. No credit check, no bank required. Read our step-by-step pawn loans guide or see the Pawn Loans page.

Jewelry, watches, tools, electronics, musical instruments, non-firearm sporting goods, coins, and bullion are common examples. We do not accept firearms. See What We Pawn for the full breakdown.

Yes. We test and weigh in front of you and explain how the offer is calculated based on current market pricing, metal purity, weight, condition, and the item itself. See Cash for Gold for process details, or read our 2026 gold pricing guide.

Yes. We review diamond rings, wedding sets, loose diamonds, inherited jewelry, estate pieces, and gold jewelry in-store. See our Diamond Dealer page for details about what to bring and how the evaluation works.

Yes. If you would rather not take a cash offer today, consignment lets the item sell at retail on our floor. You keep 60%, Larsen's keeps 40%, there is no time limit, and you can collect the item any day we are open. It usually suits higher-value pieces that need the right buyer rather than a quick sale. See the consignment terms.

$10 flat, and most are done while you wait. We also handle link removal and additions, band and strap work, spring bars and pins, and evaluation of older or vintage watches. See Watch Repair for the full list.

There are two in town, so the useful question is whose terms are fair — and you can check ours before you come in. Pawn loans are 25% per 30 days, half South Dakota's legal maximum of 50%: borrow $100 and you repay $125 rather than $150. That is roughly a 300% APR, and it is published rather than quoted only at the counter. Consignment is a flat 60/40 in your favor with no time limit, and layaway is 20% down with no fees. Larsen's is also the only jewelry store in Mobridge, so gold buying, diamond and estate jewelry, repair and Black Hills Gold all happen at the same counter. The jewelry store has been on Main Street since 1941; the pawn counter opened in 2017.

Larsen's is the only one, so the more useful question is whether the terms are fair - and you can check that before you come in. Pawn loans are 25% per 30 days, half South Dakota's legal maximum of 50%: borrow $100 and you repay $125 rather than $150. That is roughly a 300% APR, and we publish it rather than making you ask. The jewelry store at 211 N Main St has been on Main Street since 1941; the pawn counter opened in 2017. See our Pawn Loans page for the full breakdown.

Larsen's Jewelry & Half Interest Pawn is open Monday through Friday 11am-6pm and Saturday 11am-3pm, closed Sunday. If you're searching for a pawn shop near you in Mobridge, we're on Main Street at 211 N Main St - call (605) 845-3759 to confirm hours before you drive in.

Yes - Larsen's Jewelry & Half Interest Pawn is on Mobridge's Main Street at 211 N Main St, and it is the only jewelry store within about 90 miles that also has a pawn counter. The store has served Mobridge and the surrounding north-central South Dakota communities since 1941 - about 20 miles from Selby, 31 from McLaughlin, 37 from Pollock, 38 from Herreid, 41 from Timber Lake and 60 from Gettysburg.

Yes - use our contact page or text photos to (605) 850-9455 for a quick initial look before making the drive. Final offers are always confirmed in-store after testing, weighing, and inspection.

Four, realistically. Sell to a jewelry buyer — that is us, we have been a jewelry store since 1941 and buy gold, silver, diamonds and estate pieces outright. Consign it — also us, at a flat 60/40 in your favour with no time limit. List it yourself on a marketplace, which can net more on a common item if you have the time and are comfortable meeting a stranger. Or get a formal appraisal first, which makes sense for insurance but is not what a buyer pays. There is also a second pawn shop in Mobridge that does loans. The honest version of all four →

We are located in Mobridge and serve customers from McLaughlin, Selby, Timber Lake, Gettysburg, Herreid, Pollock, Glenham, and surrounding north-central South Dakota communities. See our Areas We Serve page for more local service-area information.