• Home
  • Pawn My Item
  • Guns
  • Shop
  • Media
  • Motorcycles
  • Services
  • Blog
  • Contact Us

Traders Loan & Jewelry

Interesting Pawn Shop Facts

August 16, 2016 by Traders Loan and Jewelry

Untitled design-65Interesting Pawn Shop Facts

Forget everything you know about pawn shops, these interesting facts about the industry are what you need to know about the world of pawning your goods and finding treasures.

Most Popular

The most frequently pawned item is jewelry. The price that you receive for your precious metals are based on weight and pawnbrokers are up on the latest values to ensure they are offering the right price for both parties.

Jewelry might be the most popular, but most pawnshops will take many other items of  value, like sports memorabilia, electronics, musical instruments and much more. You will come across certain pawn shops that specialize in certain items, though. So make sure you don’t head to a musical instrument pawn shop with your tool set.

The Symbol

Many pawn shop across the globe uses the three gold spheres that hang from a bar. While there are a number of theories about its origin, including ties to the Medici dynasty, Popes, bankers or a family of monarchs, it is clear that many people can recognize a pawn shop because of that logo.

The Law

Pawn shops go to great lengths to avoid buying stolen goods, this is done by creating a paper trail and working closely with the police to avoid selling questionable goods. It’s difficult to determine whether a watch, or tool set, has been stolen so to defend against this, pawn brokers keeps records of every purchase. Additionally, the customer is required to present photo identification and, in a lot of cases, fingerprints. When a pawn is made for a cash loan the customer generally has 60-90 days to pay back the pawn loan and claim their item, this provides plenty of time for police to investigate anything suspicious.

 

If you have items sitting around and you suspect they may have a value to them, get yourself to Traders Loan and Jewelry  in the San Fernando Valley.

Shop Now!

Traders Loan & Jewelry

Traders Loan & Jewelry is the oldest pawn shop in the San Fernando Valley, serving clients for over 65 years with honesty, professionalism, and a friendly attitude. Traders Loan & Jewelry grants loans against collateral, offers onsite appraisals, sells new and pre-owned merchandise, designs and creates custom jewelry, and repairs watches and jewelry. We are a non-recourse lender, and do not report to credit bureaus due to loan defaults. We're known as the peoples bank because loans are based on the item and not the person. Unlike secondhand dealers, Traders Loan & Jewelry allows customers to borrow money against the value of an item, and at Traders Loan & Jewelry, 95% of customers redeem their items.
Traders Loan & Jewelry
Traders Loan & Jewelry
This is amazingly gorgeous! 18KT Gold 9.25 ctw Steven Zale Diamond Pendant With Gold and Diamond Chain https://ebay.to/2r2j2O1 #diamonds #diamond #bling #gold #stevenzale #pendant #necklace #jewlery #pendant #jewlery #reseda #sanfernandovalley #pawnshops
Traders Loan & Jewelry
18KT Gold 9.25 ctw Steven Zale Diamond Pendant With Gold and Diamond Chain | eBay
This piece is signed: 8 of 88. With multiple legends entrenching the dragon lore throughout Chinese history and culture, The Dragon is a symbol of the greatest power imaginable. Though indisputably frightening, the dragon represents the source of all energy, or the way, for the Chinese people.
ebay.com
4    View on Facebook
Traders Loan & Jewelry
Traders Loan & Jewelry
TAG HEUER Formula 1 Alarm WAZ111A.BA0875 Quartz Men's watch https://ebay.to/35waE8C #tagheuerwatch #watchcollectors #rare #preowned #watches #tagheuer #rare #reseda #sanfernandovalley #pawnshops #pawnshop
Traders Loan & Jewelry
TAG HEUER Formula 1 Alarm WAZ111A.BA0875 Quartz Men's watch | eBay
The crystal is in mint condition. The back casing is in very good condition with light scratches. The bracelet is stainless steel and it is in very good condition with light wear scratches. The clasp is in good condition with wear scratches and desk rash.
ebay.com
3    View on Facebook
Traders Loan & Jewelry
Traders Loan & Jewelry
RARE #coincollectors! 2012 United States Mint Proof Set with Certificate of Authenticity https://ebay.to/2W1ksq2 #uncirculated #uscurrency #rare #mint #uscurrencycollectors #currencycollectors #currency #gifts #reseda #pawnshops #lapawnshop
Traders Loan & Jewelry
2012 United States Mint Proof Set with COA | eBay
Find many great new & used options and get the best deals for 2012 United States Mint Proof Set with COA at the best online prices at eBay! Free shipping for many products!
ebay.com
2    View on Facebook
  • Email
  • Facebook
  • Pinterest
  • Twitter

Recent Posts

  • Becoming a Successful Collector
  • Pawn Shops and Their Growing Popularity
  • Never Been to a Pawnshop? Here’s the Pawnshop Lowdown
  • Interesting Pawn Shop Facts
  • The Truth About Pawn Shops

Shop Hours

Monday-Saturday:
9:00am – 5:30pm

Sunday:
CLOSED

Closed Major Holidays
Free parking behind building

Visit our eBay Store

Click here for our eBay Store

Total Site Visitors since 01/01/2015
449080

Our Location

  • Address: 18505 Sherman
    Way Reseda, CA 91335
  • Contact Us
  • Tel: +818-345-8696
  • Twitter: @traderslj
Traders Loan and Jewelry makes loans on your items at an introductory rate of 2% for the first month on selected items.  You have up to 4 months to pay back the loan, and are then welcome to come in and renew your loan for another 4 months.  A typical loan of $300 for your item would incur a 33.31% APR for a total of $333.13 due at the end of the 4th month to reclaim your item.  Loan renewals after that 4 month period would incur similar costs.
  • Home
  • Motorcycles
  • Blog
  • Shop
  • Media
  • Services
  • About Us

© Copyright 2016. All rights reserved by www.tradersloanandjewelry.com.