Pawn shops have been around since America was being settled. They are a place where you can sell items or get cash in exchange for an agreed upon amount of time to return the item and repay the loan plus interest. If you do not repay the loan, the pawn shop keeps the item and sells it to recoup the money they invested. The television show Pawn Stars, which features a Las Vegas-based pawnshop, has turned many people on to the concept of pawning as a viable way to finance a big purchase.More info:https://ezpawn.com/

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While it is possible to sell some items at a pawn shop, most of the things bought at these establishments are not worth what they are sold for. The most common items that are brought into the pawn shop are electronics, firearms, and jewelry. Usually, the pawn shop will offer a fraction of the retail price of the item and may even mark it up for a profit.

Most of the items sold at a pawn shop do not come with any documentation or authentication. This leaves the pawn shop at a huge risk when they purchase an item that turns out to be fake or stolen. When a seller brings in an item that they are not sure about, the pawn shop will bring in an expert who will give them an estimate of how much the item is worth. This allows Rick and the rest of the crew to rip the seller off by giving them a lowball price on the item.