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If you need quick cash, a pawnshop could be a good option for you. Find out which items are in high demand and what you can pawn for $50, $100 or $500.
If you pawn a piece of jewelry worth $1,000, you might get a loan amount of between $250 and $600, but you won’t get the value of the item. And, of course, you’ll risk forfeiting a $1,000 piece.
A pawnshop business in Munich, Germany in 2014 Helsingin Pantti's pawnbroker in Helsinki, Finland in 2023 A London shop displays the traditional pawnbroker's sign. 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.
Jack Daugherty founded Cash America in 1983 (possibly 1984), [3] after prior experience running a pawn shop and a failed venture hunting for oil. [4] He reinvested his earnings into acquiring more pawn shops, growing his business to 36 locations by 1987 and 101 at the end of 1988. [ 4 ]
Gold, his family, and his pawn shops are central to the truTV series Hardcore Pawn. In 1998, independent producer Richard Dominick saw Gold's TV ads which ran during the local commercial breaks of The Jerry Springer Show, which Dominick was working on at the time. He saw potential in Les and his business as a reality TV show and approached the ...
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Hopefully, the shop doesn't miss out on these kinds of items again. But only time will tell if they would have actually ever needed a 30-ton, 45-foot-tall metal dinosaur. Check out more from 'Pawn ...