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How to Find Deals at a Pawn Shop | Pawnonomics – A Tale of The Historical, Cultural and Economic Significance of the Pawnbroking Industry

Posted by kristobaldude on August 10, 2012

Check out  Pawnonomics on GoodReads.com

Check out Pawnonomics on GoodReads.com

How to Find Deals at a Pawn Shop | Pawnonomics – A Tale of The Historical, Cultural and Economic Significance of the Pawnbroking Industry.

How to Find Deals at a Pawn Shop

From Mainstreet Dot Com

How to Find Deals at a Pawn Shop

By Jeanine Skowronski

NEW YORK (MainStreet) — Forget scouring thrift stores or garage sales. The real place to score some seriously awesome secondhand goods is your local pawn shop.

“There are a variety of items you can find good deals on at pawn shops,” says Reyne Haines, an antiques/vintage expert who has been featured on PBS’ Antiques Road Show. She explains that many pawn shops sell deeply discounted electronics, fine jewelry, musical instruments and an array of collectibles or antiques that can net high prices in their respective niche markets.

This diverse inventory has to do with a pawn shop’s business model.

“Most pawn brokers are retailers by default,” says Stephen Krupnik, a former pawnbroker and current industry consultant who wrote the book Pawnonomics. Instead, shop owners make a majority of their profits off … (Read more here)

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