About Pawn Shops

Summary: A pawn shop is a place where a pawnbroker offers monetary loans in exchange for an item of value to the given pawn broker. The word pawn is derived from the Latin pignus, for pledge, and the items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral. Pawn shops are often willing to take in many types of items, including jewelry, electronics, musical instruments, firearms, vehicles and tools.

In this free video series, you'll learn how pawn shops work, what they're looking for, and what not to bring. Our expert will teach you about some common mistakes made in pawn shops, how to get the best deal possible, and some items you'll ordinarily find, such as vintage guitars, electronics, and tools. After watching these videos, pawnbroker will no longer be a dirty word, and you'll gain a new respect for a type of store that's in the business of saving everybody money!