FAQs
Pawn shop loans require a valuable item as collateral. Most pawn shops offer loan amounts of 25% to 60% of your collateral's value.
When did the Pawn Stars shop open? ›
The series is filmed in Las Vegas, Nevada, where it chronicles the daily activities at the World Famous Gold & Silver Pawn Shop, a 24-hour family business opened in 1989 and originally operated by patriarch Richard "Old Man" Harrison, his son Rick Harrison, Rick's son Corey "Big Hoss" Harrison, and Corey's childhood ...
Who owns Pawn Stars Pawn Shop? ›
Rick Harrison falls into the latter category. He is the owner of the Gold & Silver Pawn Shop in Las Vegas, which his father Rich- ard—“The Old Man”—opened in 1988. He is also the star of HISTORY'S incredibly popular reality show “Pawn Stars,” based around the shop and its customers.
What happens when you go to a pawn shop? ›
You bring in something you own and give it to the pawnbroker as collateral for a loan (this act is called pawning). The pawnbroker loans you money against that collateral. When you repay the loan plus the interest, you get your collateral back. If you don't repay the loan, the pawnbroker keeps the collateral.
How much can I get for a 50 inch TV at a pawn shop? ›
Pawn shops that buy TVs will also pay more for a bigger screen. If your TV's screen is less than 26 inches, you'd be lucky to get over $50 for it. If your screen is greater than 42 inches, though, a pawnbroker like GEM might offer you over $200, provided the TV is one of the brands mentioned above.
What items will pawn shops not buy? ›
DVDs, video games, and cell phones are not great items to pawn because they are so common. Used DVDs and video games are sold cheaply in thrift stores and other resale shops, so pawn shops are unlikely to be interested in them. Cell phones are frequently stolen, and it is usually too risky for a pawn shop to sell them.
Can you just walk into Pawn Stars? ›
Yes, You can walk to the Pawn Stars Pawn Shop from Freemont street! As mentioned in the above posts, just use common sense and Enjoy the Walk! Be prepared for a wait to get inside, depending on the time of day!
Can you actually go to Pawn Stars Shop? ›
Want to see the guys? Rick, Chumlee and Corey will go out on the shop floor from time to time to meet their fans, sign autographs and take pictures. Unfortunately, due to their hectic schedules and NV privacy laws protecting customers pawning items from photos these are generally impromptu, unscheduled appearances.
What caused Pawn Stars to end? ›
The History Channel's Pawn Stars has been running since 2009 and its 21st season ended in June 2022. The show's success has led to imitators and clones, including Hardcore Pawn and Cajun Pawn Stars. The channel that aired the show rebranded, which led to the show's cancellation.
Why did Corey leave Pawn Stars? ›
In Season 7, Harrison tells his father and grandfather that he will take a job at another business if he is not given a 10% partnership in the shop. He remains with the shop after he is given a raise and a 5% partnership, with the possibility of a greater stake in the business in the future.
Chumlee emerged as the breakout cast member, and a fan favorite of the series. As a result of the show's success, he formed his own company selling novelty items of his own design and arranged his personal appearances.
What not to say at a pawn shop? ›
DON'T: Do not point out flaws in an item you want to purchase. This is just rude to the pawnbroker who spends their time assessing the value of the item and has years of experience doing it. Do you think you're better at pricing secondhand items than them? Perhaps not.
What's the most a pawn shop will loan? ›
Quick tip: Remember that the pawnbroker needs to make money from selling your collateral if you don't repay. These loans only offer a percentage, usually no more than 60%, of the item's resale value, so factor that in when choosing an item to pawn in a loan.
What is the most valuable thing to pawn? ›
Across the board, jewelry (authentic, real jewelry - not costume jewelry) generally yields the most amount of cash. This is because jewelry is made from precious metals, such as gold and platinum, and often incorporates diamonds and other precious gemstones. Jewelry also tends to hold its value over long periods.
What pawn shops pay most for? ›
Across the board, jewelry (authentic, real jewelry - not costume jewelry) generally yields the most amount of cash. This is because jewelry is made from precious metals, such as gold and platinum, and often incorporates diamonds and other precious gemstones. Jewelry also tends to hold its value over long periods.
What percentage do most pawn shops pay? ›
What percentage does a pawn shop give you? A pawn shop would generally give you around 25% to 60% of an item's value. If you have an item with a high value, a pawn shop's offer would also be quite high in return. This is why if you're aiming for higher gains, consider items in demand or high-end.
Do I get more money if I sell the pawn? ›
Another benefit of selling something to a pawn shop instead of getting a pawn loan is that you typically receive more money for the item. The pawn shop will determine the value and make you a slightly lower offer.
How much is a PS5 worth at a pawn shop? ›
It depends on the condition and the pawn shop, but generally, you can expect around $300-$500 for a PS5. It's always a good idea to shop around and get a few quotes! Win official PlayStation gift cards by playing games on Playbite!