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<p>[QUOTE="BUncirculated, post: 1405246, member: 29581"]But you have to understand something about the pawn business. </p><p><br /></p><p>The majority of their customers are not coming into the shop specifically looking to buy coins. I worked in two shops, and trained new employees in a third shop. They might get 3 customers a week shopping for coins, sometimes more, other times none at all. Most of the business they get are people looking to either sell, or get a loan(pawn) on property that has value. Numismatic items can sit for upwards of 6 months, and sometimes longer before they sell. Pawn shops keep their overhead as low as they can and typically don't sell on eBay. Several of the shops near me list things for sale on craigslist.com. No fees associated with that. </p><p><br /></p><p>Pawn shops, with regards to numismatic items, are no different than coin dealers, and B&M shops who buy and sell coins, worth melt only or with collectible premiums. </p><p><br /></p><p>It's an offer, and the person selling is not being held hostage and forced to take the offer. They can decline it and walk out as easily as they walked in.</p><p><br /></p><p>Are there unscrupulous pawn shops out there? Sure there are, just as there are unscrupulous coin dealers, and B&M shops.[/QUOTE]</p><p><br /></p>
[QUOTE="BUncirculated, post: 1405246, member: 29581"]But you have to understand something about the pawn business. The majority of their customers are not coming into the shop specifically looking to buy coins. I worked in two shops, and trained new employees in a third shop. They might get 3 customers a week shopping for coins, sometimes more, other times none at all. Most of the business they get are people looking to either sell, or get a loan(pawn) on property that has value. Numismatic items can sit for upwards of 6 months, and sometimes longer before they sell. Pawn shops keep their overhead as low as they can and typically don't sell on eBay. Several of the shops near me list things for sale on craigslist.com. No fees associated with that. Pawn shops, with regards to numismatic items, are no different than coin dealers, and B&M shops who buy and sell coins, worth melt only or with collectible premiums. It's an offer, and the person selling is not being held hostage and forced to take the offer. They can decline it and walk out as easily as they walked in. Are there unscrupulous pawn shops out there? Sure there are, just as there are unscrupulous coin dealers, and B&M shops.[/QUOTE]
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