How Does a Pawn Show Work?
The show revolves around a pawn shop called Gold and Silver Pawn located in Las Vegas. The shop is small but the family is working on enlarging it. It is possible to walk by the shop and see them filming but unless you are a cast member you will not get to go inside.
The EZPAWN works by people bringing in items that they want to sell. Then the pawn brokers evaluate those items to make an offer. Then the customer leaves the item at the pawn shop as collateral for a cash loan with a set term of time and documentation. If the customer does not return to redeem their item within the time frame they forfeit the item and any interest. The pawnbrokers then sell the item to make a profit.
Exciting Pawn Shows Near You
It is interesting to see the different things that people bring in to the shop to sell. Some of the items have a lot of history behind them like old coins, rare hot air balloons and even cars. Others are just regular household items that a person no longer wants. The best part of the show is watching the squabbling and posturing between the regulars, especially Chumlee.
It is important to consider all of your options if you are considering selling items at a pawn shop near me. Many items may be sold for more online to experts who buy electronics, jewelry and phones. And remember that pawn shops often take 50% or more of the sale price as their commission. So you might be better off selling them on Craigslist or Facebook Marketplace.