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"Pawn Stars" Melts Stolen Collection
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<p>[QUOTE="CamaroDMD, post: 1883269, member: 5233"]It is true. Now, maybe different pawn shops have different price points...but the fact is, the lower they can buy something the better off they are. This has nothing to do with Pawn Stars or Rick Harrison or anybody...it's just how pawn shops work.</p><p><br /></p><p>My point is (and was)...there are benefits to the seller too. Could you go and sell it elsewhere for more money? Of course, but it takes time. Pawn shops offer the ultimate in convenience. You can sell your item <u><b>immediately</b></u> and get <u><b>CASH</b></u>. The service cost for that level of convenience is you get a low price.</p><p><br /></p><p>Also, I'm not talking about legal interest rates on loans or anything like that as those are mandated by state law. I'm talking about the value the pawn shop gives you. I seem to remember a thread where you went to a pawn shop and pawned some slabbed coins (I think one was a Bust Half) and they found the cheapest cleaned example that sold on eBay and offered you that much. You balked at the number but needed the money, so you took it. That's how pawn shops operate. It's not illegal, it's not even immoral (although I'm sure you will think it is).</p><p><br /></p><p>I know we have talked about how you want to own a pawn shop and I think that's great...but don't try and tell me that are somehow a "noble business" (unless we are talking about noble metals).[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 1883269, member: 5233"]It is true. Now, maybe different pawn shops have different price points...but the fact is, the lower they can buy something the better off they are. This has nothing to do with Pawn Stars or Rick Harrison or anybody...it's just how pawn shops work. My point is (and was)...there are benefits to the seller too. Could you go and sell it elsewhere for more money? Of course, but it takes time. Pawn shops offer the ultimate in convenience. You can sell your item [U][B]immediately[/B][/U] and get [U][B]CASH[/B][/U]. The service cost for that level of convenience is you get a low price. Also, I'm not talking about legal interest rates on loans or anything like that as those are mandated by state law. I'm talking about the value the pawn shop gives you. I seem to remember a thread where you went to a pawn shop and pawned some slabbed coins (I think one was a Bust Half) and they found the cheapest cleaned example that sold on eBay and offered you that much. You balked at the number but needed the money, so you took it. That's how pawn shops operate. It's not illegal, it's not even immoral (although I'm sure you will think it is). I know we have talked about how you want to own a pawn shop and I think that's great...but don't try and tell me that are somehow a "noble business" (unless we are talking about noble metals).[/QUOTE]
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