Lambert Pawn | Blog
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lambert pawn blog

Is Pawn Broking a Bad Time Industry?

13 Feb Is Pawn Broking a Bad Times Industry?

Due to its portrayal in the movies and TV, some have a negative opinion of the pawn industry overall. However, the idea that pawn brokering is a “bad times” industry is simply untrue. While it may be the case that customers who are currently experiencing a personal hardship may choose to utilize the services of a pawn shop, the pawn...

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Pawnbroker-traditional-symbol

23 Jan The History of Pawn Broking

The history of pawn broking dates back further in history than you probably think. In fact, the business of pawn broking can be traced back to the Chinese during the 5th century. Over 3,000 years ago, Buddhist monasteries began what we know today as pawn broking, although the business was known to the Chinese as ‘changshengku’ (life-long treasures). The industry, of...

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12 Dec How Can I Be Sure the Merchandise I Purchase at a Pawn Shop Isn’t Stolen?

Contrary to the Hollywood portrayal of the pawn industry, thieves are no longer interested in selling their stolen merchandise to pawn shops, and any credible pawn shop doesn’t want stolen goods in their shop any more than you or I do. How Pawn Shops Identify Stolen Goods Less than 0.1% of all pawn shop merchandise is identified as stolen goods. That is...

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goldpic

28 Nov How to Know When to Sell your Gold

Many large and impressive investment portfolios include commodities such as gold. And as with any investment, knowing when to buy and sell is a matter of understanding the ebb and flow of the current market. The good news is, if you are looking to sell your gold jewelry pieces or scrap gold that you own, you most likely do not...

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14 Nov How to Spot a Fake Rolex Watch

If you’ve been following our series on Rolex timepieces, you know by now that Rolex is undoubtedly the worldwide leader in its industry. Unfortunately, that level of notoriety also means Rolex is the most counterfeited watch brand in the world. If you are in the market for a used Rolex, it is critical that you are able to recognize red...

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24 Oct Taking Care of Your Rolex

It is no secret that the pawn value of any item is heavily influenced by its condition. If you own a Rolex watch from the 1960’s that looks and works like the day it was made, it is going to be worth more than the same watch that’s not functioning or has a major cosmetic flaw. The best step to...

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Why do Rolex Watches Hold Their Value

10 Oct Why Rolex Watches Hold Their Value

You don’t typically hear about luxury watch purchases as a method of investment. However, if owning a watch that hold its value is an important quality for you, then there are options for you. Watches made in the $4,000-$9,000 price range seem to retain their value best and in some cases even appreciate in value, and Rolex unmistakably dominates this...

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History of Rolex Watches

26 Sep History of Rolex Watches

One of the most esteemed brands in luxury timepieces is Rolex. If you own a Rolex watch and are in need of some quick cash, you may be in luck. Rolex watches are not only an ideal item to use as collateral for a pawn loan, but they are also one of the most common items sought out in pawn...

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gun consignment in Whittier CA

12 Sep Can I Pawn my Firearm in California?

If you are in need of a pawn loan and have been wondering if a firearm is something you can pawn, we’re here to help explain not only that you can, in fact, pawn your firearm, but also what to expect from the process in our area, including what to bring along with you when you take in your firearm for...

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22 Aug Do You Need an Independent Appraisal to Pawn Something?

Have you ever wondered if you need to have an independent appraisal before pawning an item? The short answer is no.  An independent appraisal is not necessary in order to pawn an item; however an independent appraisal can sometimes be useful to both the individual looking to pawn an item as well as the pawn shop. When deciding to pawn an...

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