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Pawn Shops
Pawnbrokers issue personal loans to people, while holding their property as collateral. Jewelry, tools, firearms, and electronics are commonly held to secure the loan. If the loan is not paid back, the goods are sold in a shop setting.
614 Questions
Why are pawn shops closed on weekends?
They are closed on weekends due to Blue Laws. Blue laws originated to keep the religious observance of Sunday by closing some businesses that might ordinarily be open. However, not all pawn shops close on weekends or holidays.
Is a resale shop the same as a pawn shop?
There is a difference between resale shops and pawn shops even though they are alot of times both in the stores title. At a resale shop you are selling your belongings to the shop, very cheap, so they can resale it. At a pawn shop you can bring in an item of value and the pawn shop will pay you for it and hold it until a certain time and you can get it back if you pay back the amount plus interest. If you do not get it back within the amount of time granted, the store can sell it.
Basically you take something you own to the pawn shop. They give you money for you're item and a ticket and also tell you a time limit. Now if you want to item back you can take the ticket back and pay the money and get it back, kind of like a loan. If you don't buy it back before the time limit runs out then they'll sell your item to get the money back.
How much you will get for a sterling silver chain at gold and silver pawn shop?
A pawn shop, depending on the one you go to, might give very little for gold, as to make the most profit when selling the gold to a jeweler or other type of buyer. It also depends on how much gold you have. The pawn shop will not buy one flake of gold from you, but rather much bigger pieces.
Do most pawn shops buy gold coins?
Most all pawn shops will buy gold of any type including coins. The coin needs to be full gold, not just plated gold. They will weight the coin and quote you a price.
What items will a pawn shop accept?
A pawnbroker is an individual or business (pawnshop or pawn shop) that offers secured loans to people, with items of personal property used as collateral. The word pawn is derived from the Latin pignus, for pledge, and the items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral.
How much will a pawn shop give for a iPod Classic?
Don't expect much, second hand electronics almost never get a good price.
What do the three balls outside a pawn shop mean?
The Medici family in Italy were moneylenders during the Middle Ages and operated pawnshops throughout Europe. Legend has it that they also slew a giant for King Charlemagne using three bags of rocks. These three bags became stylized into three golden balls, which became a part of their family crest and the source of the symbol we see today.
Back in Europe it was well known most people did not know how to read and write. So when people saw this symbol hanging in front of a shop, they knew it was a safe place to go to trade.
How much do pawn shops pay for watch?
It depends on what the watch is worth (that is, its market value it its current condition), and especially on what the pawnbroker thinks he would be able to resell it for and if he believes there is an active demand for that type of item or not.
Really, the only way to know what you would get paid for any given item is to take it in and see what they offer.
How much does a iPod touch 4g cost at a pawn shop?
Apple doesnt make 14 GB so i'd say less than 100$ Maybe 50$ issh .
The cost of a ds at a pawn shop?
The cost of a DS at a pawn shop varies from shop to shop, but the DS usually goes a little under the retail price (maybed ten dollars under) at some pawn shops.
What happens when a pawn shop loses your property?
The pawnbroker sells the items. That's one of the two ways that pawn shops make money. The other way is that to retrieve your item, you have to pay more than what was paid to you to hock it.
How much is a 18kgp necklace worth at a pawn shop?
The value of an 18k gold plated necklaces worth would depend on the current buy back price and the market in your area. Naturally, the price for a necklace that is gold plated will be less than a necklace that is solid gold.
Do pawn shops buy broken televisions?
Hello,
Yes,,, pawn shops do pawn TV's. However most pawn shops today will only buy, sell and loan on digital TV's, which is basically all TV's made within the last 6 to 7 years. This will, in most cases, rule out tube TV's, although there are digital tube TV's that were made, but they will not be worth much. Basically TV's are much like computers in that they are constantly evolving so the value of TV's, older to newer as well as size, will vary. Most pawn shops will buy, sell and loan on all digital TV"s though.
Pawn1st Pawn & Title Loan Centers
I'm going to offer a bit more insight here. When you want to pawn a TV one thing that I've found of interest is that most pawn shops will decline a TV which does not have a remote control. Seemed like an odd rule to me when I first bought a pawn shop. But, really, who has a TV without a remote? Generally the only ones that come in without a remote are stolen. So, if you are trying to pawn a TV -- don't forget the remote. The TV will look stolen a bit more stolen unless you have the remote. It also helps to have the stand or the wall mounting bracket.
Phoenix Pawn & Gold
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As a Pawnbroker you play many rolls and where many hats. For the most part you are a salesman, a jeweler, a gun dealer, an appraiser of everything and a customer service professional. There are many other aspects besides those but these are the main ones. If you are referring to a transaction,,, basically a pawnbroker determines the value of an item, whether it be a radio, a diamond ring, or a motorcycle. The amount of cash offered is based off of that value. Remember there is always room to barter
Is there a 24 hour pawn shop in Michigan?
It sounds like you want to hawk your parents' stuff in the middle of the night. Am I right?
Are there any pawn shops open on Sundays in canton Ohio?
Levs is open 7 days a week, 8 hours a day :)
Does pawn shops buy washer and dryer?
Pawn Shops do buy items from sellers (and the sellers can be anyone in the world who wants to sell something to the Pawn Shop). However, Pawn Shops usually do not buy anything that is very common.
