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The power of the pawn

Shops ease economic stress

Natalie Saeger

Issue date: 10/13/08 Section: Money/Health
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The pawnbrokers also, according to the city's business licenses and regulations, must submit daily reports to the police concerning every reportable transaction made.

Pawnshop items can range from a variety of different things. Peterson said some of the most popular items at his store are CDs, DVDs, jewelry, guns and guitars.

The prices of the items at pawnshops, Peterson said, are priced around 50 percent less of what they would be in retail stores, which might make buying an unexpected item like a 52-inch plasma TV not such a bad option.

Senior Eric Weber said some pawn shops are quality establishments and would consider buying some of the items offered at the pawnshops like iPods, CDs, DVDs, TVs and stereos.

"College budgets forces one into searching for the best deal," Weber said. "It's the same thing as used cars; depreciation of their values doesn't mean they won't work."

Dillinger and Peterson have noticed that college students aren't frequent customers, and agree many misconceptions generated by the entertainment industry have made pawnshops appear to be dingy, messy places.

Peterson said they try to treat people as if they were on the other side of the counter and offer a neat and organized environment to do so in.

If ever in need of money or looking for a deal, try a pawnshop. Weber suggests looking around because there will be a place that will offer quality.
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