Lost respect for Pawn Stars

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WhiteyMacD

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Roger that. We had a pawn shop discussion here about a year ago and offended one of the pawn brokers who used to frequent the forum.

I've messed around in pawn shops ever since I was a young teen, working deals on stuff like musical instruments to guns. Honestly cannot tell you how many drum sets I have dragged home from pawnshops.

As with anything else there ARE exceptions to this rule but generally pawn brokers could not care less about you or whatever you are trying to pawn or sell. When you walk in the door with an item to sell, they have already loosely evaluated it before you make it to the counter. I used to work with a guy who had worked at a pawn shop in college and he said they generally wouldn't buy an item unless they could turn 200% profit on it.

I worked with another guy who worked at a shop after he retired from the Navy. The owner of the shop was a Jewish family and the shop was in an old bank. The vault was stuffed full of jewelry and gold and he said the family was stupid wealthy and extremely shrewd at working deals.

Take a look at the Old Man's house on Pawn Stars. Dude is rolling in it. He didn't get that was from buying items from customers at near-market value. He did it from buying cheap and selling high. It's nothing personal, it's just the way it works.

I love pawn shops. They are the American equivalent of the open air markets in other countries. It's a game of negotiation and treasure hunting.

Hey, and I dont mean any disrespect to pawn brokers. Thats just what they are designed to do and I have absolutely no issues with them for it. They gotta stay in business right? Im glad they exist... they are a hell of a lot better option for people in a tight spot than say a payday loan place.

And +1 on the pawn shop picking. Deals to be had there if you are on the buying end. I always go in and browse. NEVER KNOW WHAT YOU MAY COME ACROSS!
 

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