by TherealBDS November 2, 2015
Get the pawn shop pussy mug.A store of various sizes - sort of an "every-day garage sale" - that people goto in search of a small loan in place of an item as collateral. Most/Some places will hold the item for up to 90 days before putting it out on the shelves - if, in the matter that the loaner does not come to get it, and whilst doing, the Pawn Broker submits the information to the police (as required by law) so that the police can check for stolen merchandise (in some states).
The approximate value that you can pawn an item is based on what the Pawn Broker - in the matter that you don't come back for it - can get for it if the need to resell it arises. It basically works out as, he'll sell it back for about 60% of what it would be new (condition warrenting), and will take it from your for roughly 33% of said 60%. Although, there are cases where the price he will take it from you will be much lower.
The main point of a Pawn Shop is to loan out money for small items, and the customer will come back and repay the loan (with interest) for the item back. However, there are points where some people come in to just outright sell their item.
The approximate value that you can pawn an item is based on what the Pawn Broker - in the matter that you don't come back for it - can get for it if the need to resell it arises. It basically works out as, he'll sell it back for about 60% of what it would be new (condition warrenting), and will take it from your for roughly 33% of said 60%. Although, there are cases where the price he will take it from you will be much lower.
The main point of a Pawn Shop is to loan out money for small items, and the customer will come back and repay the loan (with interest) for the item back. However, there are points where some people come in to just outright sell their item.
$100 new
$60 can sell it back for
$20 taken for
You give a Pawn Broker at a Pawn Shop your watch that you bought for $100, he estimates (in his head) that he could sell it for $60 in the matter that you don't come back, so he assumes the watch has a collateral equal to $20, and thusly loans you $20 and holds the watch.
$60 can sell it back for
$20 taken for
You give a Pawn Broker at a Pawn Shop your watch that you bought for $100, he estimates (in his head) that he could sell it for $60 in the matter that you don't come back, so he assumes the watch has a collateral equal to $20, and thusly loans you $20 and holds the watch.
by oldspankie July 21, 2008
Get the Pawn Shop mug.Related Words
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• pawned
• Pawn Shop
• Pawn Stars
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• pawning
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• pawnage
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Typical Pawn Stars moment:
Bob: I have the cross that Jesus died on.
Rick Harrison: You have the cross that Jesus died on, I'll give you 5 bucks.
Bob: Fuck you
Bob: I have the cross that Jesus died on.
Rick Harrison: You have the cross that Jesus died on, I'll give you 5 bucks.
Bob: Fuck you
by theboogyman October 22, 2013
Get the Pawn Stars mug.A show on the History channel depicting the Gold & Silver Pawn Shop in Las Vegas, Nevada. The characters are: Rick Harrison (bald dude, co-owner), his father "Old Man" (older guy with incoherent speech at times, co-owner), Rick's son Corey (heavyset younger guy), and Corey's friend "Chumlee" (notorious for being a mega moron, but is a fan favorite because of his screw-ups).
Even though it is a pawn shop, the show is renowned for how badly these guys rip people off for their stuff! The deals are just unbelievably bad. You'd get more at a yard sale or flea market.
Even though it is a pawn shop, the show is renowned for how badly these guys rip people off for their stuff! The deals are just unbelievably bad. You'd get more at a yard sale or flea market.
AT THE PAWN STARS RANCH:
Rick: "You got the original Declaration of Independence with pure gold trim around the frame?
I can do like 10 bucks."
-AND-
Chumlee: "DUUUUUUUUUUUUUHBBB... GIB YA LIKE FORTY FIVE FOUSAND DOLLAZ FOR THAT PAPER AIPRLANE?"
Rick: "You got the original Declaration of Independence with pure gold trim around the frame?
I can do like 10 bucks."
-AND-
Chumlee: "DUUUUUUUUUUUUUHBBB... GIB YA LIKE FORTY FIVE FOUSAND DOLLAZ FOR THAT PAPER AIPRLANE?"
by B-Knuck if ya Buck December 5, 2011
Get the Pawn Stars mug.The show on History Channel that when you tell people about it they say "wait, what?". thinking that you say PORN stars.
Me: "Hey can I have the remote? Pawn Stars is coming on"
Person: "hold on, what show?"
Me: "PAWN stars"
Person: "Oh nevermind"
Person: "hold on, what show?"
Me: "PAWN stars"
Person: "Oh nevermind"
by ofthetower December 28, 2009
Get the Pawn Stars mug.by CY110 June 8, 2010
Get the pawn off mug.A place where people in need of money either sell their own items of value, or of those belonging to another person, at far less than what it's worth.
I tried to sell all of my Seals & Croft albums, but the Pawn Shop didn't want them. I guess it's off to the plasma bank for me!
by ILoveThom'sChickenDance October 23, 2003
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