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About Pawn
IF IT'S STOLEN WE DON'T WANT IT
Pawnbrokers are required by Federal and State law enforcement agencies to report the business they conduct. Simply put, every "pawn" or buy transaction is reported to these authorities on a regular basis. Pawn shops are the only business that requires positive identification from EVERY person whom they pawn or buy something from.
Johnson Brothers and Law Enforcement work together in Our Community
The possibility of our pawnshop, receiving any merchandise that could be from
a questionable origin is less than 1/10 of 1%.
a questionable origin is less than 1/10 of 1%.
When citizens purchase an item , they do not think they will become a victim of a theft or burglary. As a result the property is rarely itemized or logged into a household inventory. Victims are usually unfamiliar with the criminal justice system. Search and recovery procedures are confusing, vary from city to city, and are generally limited just to pawn brokers. Pawn Brokers are the ONLY secondhand dealers that report transaction information to law enforcement. Thus, most stolen items are never recovered. If you are searching for stolen goods, try looking in places such as:
| Flea markets |
| Second Hand Stores |
| Gold/Silver buyers |
| Wholesale jewelry buyers |
| Collectible Stores |
| Used Appliance/TV stores |
| Consignment/Auction Houses |
Pawnshop Trivia
- The Nursery Rhyme "Pop Goes the Weasel" refers to pawning. A "weasel" is a shoemakers tool and to "pop" is pawn. "Thats the way the money goes, pop goes the weasel."
- Pawnbroking is the oldest method of lending money. Evidence of transactions date back to China as early as 2,000 - 3,000 years ago. However, modern pawn broking became more distinguishable in the Middle Age.
- A pawnbroker accepted Queen of Spain, Isabella of Castilla's royal jewels as collateral to finance Christopher Columbus' expedition ships, the Nina, Pinta, and the Santa Maria for their voyage to America.
- The universal symbol of pawn broking is the three gold balls and is one of the most easily recognized in the world...The Medici families in Italy along with the Lombards in England were money lenders in Europe. Legend has it that one of the Medicis, under the employment of Emperor Charles the Great, fought a giant and slew him with three sacs of rocks, the three gold balls or globes later became part of the family crest, and ultimately... The sign of Pawnbroking
- In 1971, Fashion designer Diane Von Furstenburg raised capital to launch her "wrap dress" business by pawning her diamond ring
- Dec,6th 1996 marked the first annual National Pawnbrokers Appreciation Day. The chosen date was no accident - its also St.Nicholas' day the patron saint of pawnbroking.
- Between 70 and 80% of all items pawned are redeemed. many shops that cater to a more "repeating" customer base have redemtion of over 90%
