Lambert Pawn | Blog
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lambert pawn blog

Warning Signs of Bad Pawn Shop

12 Jun 4 Warning Signs of a Bad Pawn Shop

Contrary to a popular-but-outdated belief, pawn shops are not interested in buying your stolen goods. A pawn shop's long-term success relies on its repeat customers, which means its reputation can make or break its business. If you've read about the benefits of buying or selling through a pawn shop and want to be sure to choose a reputable pawn broker...

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Haggling at a Pawn Shop

29 May 5 Steps for Haggling at a Pawn Shop

Buying, selling or pawning an item all have 1 thing in common: everything is negotiable. Haggling seems to be a lost art these days, but we would be doing you a disservice if we didn’t encourage you to get the best possible deal at your local pawn shop. Negotiating may make some folks uncomfortable, but with these easy guidelines we...

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4 Cs of Diamond Shopping

24 Apr Diamonds are an April Birthday’s Best Friend

As April draws to a close, let’s shine a light on perhaps the most famous of all the monthly birthstones: the diamond. Most of us have or will be in the market to purchase a diamond at some point in our lives. The process of diamond shopping can feel overwhelming at first, but with some basic knowledge you can feel...

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27 Feb Why Consider Buying from a Pawn Shop

Consumers often overlook pawn shops as a retail merchant. Most who seem to are typically unfamiliar with the pawn industry and have a “Hollywood” view of pawn shops, thanks to their depictions of pawn shops as questionable establishments with crooked business dealings. In recent years, however, that stereotype continues to diminish, and an increasing number of folks are starting to...

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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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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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