5 percent had taken out a pawn loan. $1. TVPG HD. Pawn shop loans tend to be short term, with most made out with a repayment deadline of one to six months. In an in-depth tracking of what happened to the uniform post-Pawn Stars, the blog Haul of Shame discovered that not only did they fail to retail it at a ridiculous asking price of $80,000, but. It lasts for one year, ending on Sept. Watch, Stream & Catch Up with your favourite Pawn Stars episodes on 7plus. The amount of the loan is dependant on the item(s) provided as security. 5 percent had taken out a pawn loan. Works instantly. The item is kept by the pawn shop as collateral until the loan is repaid. 41min. Try now for better control of your repayment. We base this on environmental and economic factors. Interest rate 292per cent (fixed). Stream It Or Skip It: 'Drive Hard: The Maloof Way' On Netflix, A Reality Series Where A Top Racing And Stunt Family Takes On Challenging Projects. Season 2 32 Episodes Available. 20min. 2014-15) across both the homes. Harrison’s son, Rick, confirmed his death in an. In this research brief, we examine the prevalence, persistence of use, and alternate credit sources available for consumers who use payday, auto title, and pawn loans. For comparison, the average credit card APR is closer to 19%. 1 out of 5 stars, based on 1 customer reviews: Customer reviews verified as of: 13 November 2020:. Extensions and payment plans are possible, but not without incurring additional fees and increased interest rates. 2. Watch all new episodes of Pawn Stars starting May 11th, and stay up to date on all of your favorite History Channel shows at Stars Shop Location. How Pawnbroking Works. The owner of the shop is Rick Harrison, a shrewd businessman. PAWN STARS, a national credit provider offer our customers a quick, convenient and confidential way to borrow money. Pawn Star: (Arms folded and shaking his head back and forth) “That’s not going to happen. the car that almost sent the kid to bankruptcy! If you collect MOPAR, MOPAR, Road Runners, TV/Movie Vehicles. The original asking price was $10,500 for the pair, so Rick tried to lower it to $6,000, which was immediately denied. $20,000 Loan on Huge Vintage Matchbox Collection Like Comment Share 668 · · 17K views The Best of Pawn Stars 56m · Follow This seller has an incredible amount of Matchbox cars in mint condition. 0:00 - 1922 High-Relief Proof Coin6:00. The customer and the pawnbroker will agree the sum to be advanced and the pawnbroker presents new customers or indeed. Will he be able to land a loan? See less Most relevant Norton Flordeliza Cool! 30m Neil Perry 1st pawn loan I've ever seen on this show. . pretty cool show. ”. Pawn shop loans are simple collateral loans that allow you to borrow money more quickly and easily than ever. History/YouTube. this formula will be based upon the mean APR through the lenders we incorporate. Published: Mar. Source: @goldandsilver_pawnshop. 30, 2024. $6. For example, a pawn transaction of an item appraised at $120. Loans only suitable for short-term needs. Yes Lady Finance offers loans for up to 50 per cent of the value of luxury handbags by Gucci, Chanel, Hermès or Louis VuittonStreaming charts last updated: 01:07:36, 17/11/2023. Instead, Steve estimates this mismatched collection would sell for around $400. BA 4 1 2. He got a $20,000 loan on a big collection of old Matchbox cars. . Once you have repaid your loan and additional interest & fees, come redeem your item. Title lenders are disproportionately located in. See examples of PAWN used in a sentence. Season 26, Episode 11 TV-PG CC HD CC SD. So, if your pawn shop loan comes with a 10%per month interest rate, that’s a 120%APR or annual rate. a guy brings in a collection of over 200 vintage Matchbox cars from the 50’s, 60. Simply enter the APR and start your calculation today. com. The Pawn Stars are presented with a necklace once owned by the King of Rock and Roll himself, Elvis Presley. Ball's necklace wasn't going to make anyone rich, but the deal left both buyer and seller satisfied. Genres Reality. The main selling point is that pawn shop loans may be obtained quickly without any credit checks, lengthy application processes, or waiting. Once you start Pawn Stars online free slots game, you will notice that it includes 25 paylines and five reels. Their jobs identifying and selling countless artifacts and unique items have made them legends in their field,. Watch Rick, Corey and Chum nerd-out over 12 super rare and expensive guitars in this Pawn Stars mega-compilation. If you don’t repay the money on time, the pawn shop takes ownership of the bike and can offer it for resale. The. X in case he took a $100,000 loan with a 6% interest rate and considering it is an interest-only loan, the computation would look like this: a: the total amount of the loan is $100,000. "Through years of hard work, Richard and Joanne were able to turn their buy and sell shop into a pawn shop, which in 2009 became the World-Famous Gold. In other words pawn. Whether you're looking for a pawn shop, second-hand shop, pawnbroker, hock shop, thrift store, loan store, pawn shop, or buy-and-sell store, there are plenty of options in the area. 3. In the event that a customer is unable to repay the loan, the item may be sold in our. From a WWII tank to a copy of the Declaration of Independence these million-dollar deals are some of the most epic in Pawn Stars history!Watch all new episod. Pay back your loan. To do that, just multiply the interest rate by 12. For instance, “I’d like to get $150?”. Short answer: A pawn shop is a licensed and regulated broker that offers consumer credit (fast loans) secured by personal property. There are about 12,000 check cashing stores, 14,000 payday loan outlets, 800,000 money transfer agents, 11,000 pawn shops and 10,000 rent-to-own stores competing for this business today. 5 Corey Harrison Is Focused On Maintaining His New Lifestyle. The series is filmed in Las Vegas, Nevada, where it chronicles the daily activities at the World Famous Gold & Silver Pawn Shop, a 24-hour family business opened in 1989 and originally operated by patriarch Richard "Old Man" Harrison, his son Rick Harrison, Rick's son Corey "Big Hoss. MLA lending interest rate is 3% per month, or 36% per year. Introduction : Personal Life, Parents and Family Details : Education : Qualifications, High School & College Info Early Career and Net Worth : Reality TV Career and Business Progress : Interests and Trivia… Read More. Published Aug 17, 2018. a. Now for sale at the Toy Shack. Repaying a student loan in 10 years is the typical term for a federal student loan. Details included in Monday’s court filing expose arguments that have been simmering for months, and lawyers have been involved since. "Pawn Stars" features the Gold & Silver Pawn Shop located on the outskirts of Las Vegas run by three generations of the Harrison family. They’re available in a wide variety of amounts, such as a $5,000 personal loan up to a $100,000 personal loan. These sellers come in with vintage family heirlooms that may have a TON of value. Loan Repayment Calculator. Genres Reality. A customer will bring in a personal item as collateral in order to receive a loan from a pawnbroker. Legal Terms to Consider for Loan Contracts. " In 2009, he chased an unruly customer out of the shop with a pistol. The Pawn Stars turn it up to 11 when Rick attends Rock and Roll Fantasy Camp and performs with rock legend Roger Daltrey of The Who. 5% in the fourth month. March 14, 2021. If you’re not sure whether an item you have can be loaned against, contact your local. Ricky and Corey Harrison, Richard "The Old Man" Harrison, and Austin "Chumlee" Russell have also become huge stars thanks to the show. LoanStar offers title loans throughout the state of Texas. com. This seller has an incredible amount of Matchbox cars in mint condition. People know we're a viable option to make ends meet," Seth Gold said. The borrower may repay the pawn loan to retrieve the item on or before the due date. This will prepare you for the title pawn application process. The Pawn Stars star further explained most pawn shops do charge a service fee with interest. Find the best pawn shop around Woodbridge Township, New Jersey and get detailed driving directions with road conditions, live traffic updates, and reviews. Share the best GIFs now >>>A pawn shop loan is a small-dollar, short-term cash loan in exchange for an item of value, most often jewelry, a firearm, a consumer appliance, or a musical instrument. According to History, Rick Harrison is worth an estimated $8 million. Sellers have brought in some pretty rare items in the past, but nothing compares to these five rare trading cards! Watch Rick play his cards right for the pe. Tap or hover to zoom . . “I’ve seen how being on TV can screw up a kid,” he says, “and my wife. They still get their previous quoted (off-air) price. Private Notes. Our jewelry pawn loan interest rate is 2. . Pawn Stars celeb Rick Harrison's involved in a nasty legal battle with his 81-year-old mother, who's suing him. We loan on almost anything and stock almost everything – from electronics, tools, instruments and. Rick Harrison, the World Famous Gold & Silver Pawn Shop owner, featured in History Channel's Pawn Stars, knows that probably better than anybody else. 00 in May, 2020. 65% APR. He wanted to pawn the cars and wanted $20,000. Hollywood Pawn Shop & Jewelry 3700 San Fernando Rd. With help from the experts, the Pawn Stars crew appraises seven rare items worth massive amounts of cash in this Pawn Stars compilation. Streaming charts last updated: 01:07:36, 17/11/2023. 00 in April, 2020. The Gold & Silver Pawn night window is expected to remain open 24 hours a day for loans and purchases. Make a 4-5 years plan for the education loan repayment. The pawn shop appraises it at $1,000. 1 Lakh up to A. "If you framed them up and presented them well, $2,500 to 3,000 dollars for these," said Warwick on "Pawn Stars. Each month, you’ll need to renew the loan until the end of your loan. Watch all new episodes of P. A pile of gold coins worth $50,000 will never be returned to their rightful owner because the famous Las Vegas shop on the Pawn Stars reality TV show claims they melted them!. After all, if they overpay, buy something that is fake, or purchase a stolen item, they can cost the pawn shop thousands. Ever since Pawn Stars debuted on television in 2009, the series has been extremely popular, to say the very least. Not every deal goes smoothly for the Pawn Stars - sometimes they take a sharp turn for the worse. The percentage used can vary depending on the pawn shop, but it’s typically around 25% to 60%. This black 150 was at the center of a series of crossover shows on Pawn Stars: it was originally found and bought by the crew on American Pickers for $6,500. When a vintage Yellow Cab hat pulls into the shop, can Rick hail a fare deal? Also, a seller pops in with a gum ball machine, Corey plays with the world's first video game console and Rick and Chum check out a trove of Hollywood memorabilia in California. Here are more than 50 visitors and the pages are viewed up to n/a times for every day. Repayment usually takes the form of periodic payments that normally include part principal plus interest in each. 75. Pawn Stars is an American reality television series shown on History and produced by Leftfield Pictures. Whether you're looking for a pawn shop, second-hand shop, pawnbroker, hock shop, thrift store, loan store, pawn shop, or buy-and-sell store, there are plenty of options in the area. S2 E16 - Guns and Rangers. . Here are five reasons you may want to keep your belongings out of a pawnbroker’s hands. EPISODE SPONSORS Local Coin Company Cash Fast. Payday loans are dangerously rigid in the repayment period. Most of our customers repay their loans according to the agreed-upon terms. If you're interested in getting a title pawn, follow these steps: 1. By Brittany Alva / March 22, 2021 9:01 pm EST. Watch as the Harrison family attempts to. Often, there is a line to get in, and. 5% for gold and jewelry, 6% for certain Apple devices and 4. Working with a pawn shops can be a good deal for both a seller and buyer, but not always. Pawn definition: to deposit as security, as for money borrowed, especially with a pawnbroker. a payday loan costs $17 per $100 that you borrow, which is the same as an annual interest rate of 442%. ) The more interest you earn, the more you will accumulate over time. Instead, the pawn shops sell the item and use the sale proceeds to extinguish the loan obligation. Total Runtime 12d 3h 59m (650 episodes) Country United States. Dedicated fans welcomed the show’s return and there is now much anticipation for the show to produce an 18th season on location in Las Vegas. Of course, there are several reasons why Pawn Stars has been so successful. Rick prepares for battle over a pair of vintage posters, but will he win the war? Then, Rick and Chum call on the power of Grayskull as they check out a large Battle Cat toy. Qualifying for emergency loans without a credit score is not easy, but it is possible. What happens is, someone's comes in to pawn and item, and they actually will give them a somewhat reasonable price. The TV show has moved down the charts by -4 places since yesterday. 20min. For more information, use the Student Loan Calculator. After airing nearly 600 episodes over 20 seasons, Pawn Stars remains a hugely important show for History, where it’s been among the cabler’s highest-rated. Sports cards, especially for baseball, basketball, and hockey. Pawn Stars follows three generations of the Harrison family as they assess the value of items coming in and out of their Gold and Silver Pawn Shop in Las Vegas, from the commonplace to the truly historic. . Pawn Stars brings viewers inside the doors of a family-run pawnshop in Las Vegas, where three generations of men from the Harrison family jointly run the business, with clashing and camaraderie every step of the way. This will prepare you for the title pawn application process. That lump-sum repayment can also make paying back your loan more difficult. People who need a loan but are not able to get a loan through conventional methods such as a loan from a bank , credit union, personal 401k, credit card, family member, etc. Pawn Stars is an American reality television series shown on History and produced by Leftfield Pictures. The NPA estimates that pawn loans average $150 for 30 days and that about 85 percent of loans are redeemed. Will he be able to land a loan? | sales, motor car $20,000 Loan on Huge Vintage Matchbox Collection | sales, motor car | This seller has an incredible amount of Matchbox cars in mint condition. As per section 172 of the Indian Contract Act, 1872, a Pledge is a contract where a person deposits an article or good with a lender of money as security for the repayment of a loan or performance of a promise. Title loans (also known as title pawns) use your vehicle’s title as collateral in exchange for a loan that is paid off over time. The domain Swiftysgarage. 5% in the fourth month. Loading. etc. Remember, the calculator shows you an example rather than the. The rate increases subsequently by multiplying the number of months that have passed with 1. WASHINGTON —. We lend money on items of value ranging from gold and diamond jewellery to household appliances. Watch on supported devices. In 2012, the Huffington Post published an article with behind-the-scenes facts about. When visiting the shop in "Pawn Stars," the first thing you will notice is that it is very structured in terms of how they let people in. The premiere of "Pawn Stars" drew in 2 million viewers, which was truTV's most-watched premiere in. Loan eligibility. The Simple Requirements for Obtaining a Title PawnA loan term is the duration of the loan, given that required minimum payments are made each month. Standard Chartered online personal loan calculator helps you plan out your monthly repayment and loan period. Like other loans, the interest rate and terms depend on your credit history. " "$2,500 might seem like a lot for some matches, but rock and roll collectors would. Upon completion of the required service. These loans can be repaid at any time. The history of money-lending dates back thousands of years. The amount of the loan will also depend on the type of diamond, its quality, and other factors. $100,000 HOT WHEEL VW 1969 Beach Bomb PINK Pawn StarsDavid Hutchinson. We'll evaluate your items and give you a cash loan on the spot. A pawn shop loan is an agreement in which you offer an object, such as a piece of jewelry, and take a cash payment on a percentage of its value. She politely declined and walked away still clutching “Alice in Wonderland. History/YouTube. If they were all in the original boxes, the collection could go for anywhere between $1,500 and $2,000. If you’ve got high-end designer jewelry and looking to. Repayment is the act of paying back money previously borrowed from a lender. The on-ramp to repayment starts Oct. These items were appraised way over the seller's asking price, creating HUGE profits, in this marathon from Pawn Stars. " With a calm, "I have this to offer you," a seller gently rests a clear plastic box on the counter of the World Famous Gold & Silver Pawn Shop, its contents. Collectibles are a popular thing to pawn because they often have a large and active market of buyers, making it easy for the pawn shop to resell that item if you default. These are no credit check loans. The Pawn Stars are presented with a necklace once owned by the King of Rock and Roll himself, Elvis Presley. 17 Much Of Their Money Comes From Meet-And-Greets. The percentage used can vary depending on the pawn shop, but it’s typically around 25% to 60%. Shop by Brand: Matchbox,Johnny Lightning,Hot Wheels,etc > Greenlight > Hollywood > Greenlight Hollywood - Pawn Stars - 1969 Plymouth Road Runner. Alternatively, you can also choose to sell an item to a pawn shop. Next February, 42 million U. While most people who make their way onto Pawn Stars are probably only hoping for a brief glimpse. The World-Famous Gold & Silver Pawn Shop, which is featured on Pawn Stars, was founded by Joanne and her husband, Rick's late father Richard "The Old Man" Harrison, back in 1981. However, borrowers often use these loans over a period of months, which can be expensive. 'Pawn Stars' follows three generations of the Harrison family as they assess the value of items coming in and out of their Gold & Silver Pawn Shop in Las Veg. Pawn Shop Loan. . yesterday a new show came on ch182 called auction these guys were selling trains and buildings of all scales and mint in box gray wheel mb collections thay sold over 600 of them. Education Loan Repayment Tips. Hit ‘Calculate’. Typical personal loans range from $5,000 to $35,000 with terms of 3 or 5 years in the U. 21min. In most 401 (k) plans, requesting a loan is quick and easy, requiring no lengthy applications or credit checks. Loan amounts also differ broadly based on the loan product. Rick Harrison. of local businesses. The seller slammed on the brakes and refused to take his $70,000 offer. Kathy Hutchins/Shutterstock. You must have a contract for two years or more. To put things into perspective, a $500 loan with a $50 lending fee equates to an APR of more than 260%. April 11, 2010. Will he be able to land a loan? | sales, motor car $20,000 Loan on Huge Vintage Matchbox Collection | sales, motor car | This seller has an incredible amount of Matchbox cars in mint condition. These loans are typically for 1-3 months, but you can pay back the loan at any time and get your item back. 5% per month or 30% APR when you borrow between 30% to 50% of the liquid wholesale value of your pledged collateral. January 25, 2010. Kathy Hutchins/Shutterstock. The Pawn Stars check out some of the rarest NFL items they've ever seen. She didn't even realize she'd appear on TV. For example, you can use your Matchbox collection as collateral for a $75 loan. Yes, the show premiered its 17th season on the 22nd March 2021 after a long year of speculation about whether or not Pawn Stars was cancelled. Only borrowers who experience persistently low incomes, relative to their debt burdens, over years will not repay their debt. 00 whichever is higher; Service charge of 1% of principal loan but shall not exceed ₱ 5. Here are 15 of the worst. Language English. ’. If you. TV-PG. The seller asks for $2,000 and smugly tells Rick he won't be bartered with. The time period for the loan varies depending on NCR law. Pawn Stars has become an international sensation and follows the lives of a group of employees and partners working at a popular pawn shop. Richard Kevin Harrison (born March 22, 1965) is an American businessman, reality television personality, and owner of the Gold & Silver Pawn Shop which is featured on the History series Pawn Stars. A pawn shop loan is a short-term, secured loan. Yes, you can get the 80C benefit on both loans. The interest rate on an asset-based loan is the amount Diamond Banc charges when customers borrow money against their jewelry. Our free loan calculator helps you assess the monthly and total cost of any loan. Loan Repayment Assistance Program (LRAP): Twenty-three states and some law schools give borrowers money for loan payments via LRAPs. What is the monthly interest rate that will apply to any unpaid balances on this loan? Assume 12 equal months. Las Vegas’ Gold & Silver Pawn Shop, located off the strip on the outskirts of Sin City, where “Pawn Stars” is filmed, can. S13 E2 - Pawn No Evil. Go inside the colorful world of the pawn business. All rates and terms of loans are strictly regulated by the State of California. Maximum loan amount: $60,000, with $20k of $60k forgivable. ET. A pawn loan is typically meant as a short-term loan when you get in a pinch and need some quick cash. This can vary from 10% to 20%. Hopefully these deals make it to the end zone, in this Pawn Stars mega-compilation. Finally, JoAnne's lawsuit claims that she wasn't informed of a $3 million loan that was partially secured using assets that belong to her. Free trial of HISTORY Vault. APR interest range: 6% to 36%. Contact your local store to check if they can facilitate a loan against your vehicle. A short-term cash need can be met with no credit check or legal consequences if the loan is not repaid. Rise and shine with the Pawn Stars as Rick and Chumlee take a trip to the Sunshine State to check out a fully loaded 1964 Rybovich Yacht. The debtor then has a certain amount of time (typically between 30 and 90 days) to repay the money to the pawnbroker. The loan has an annual percentage rate of 12%. Loan repayment assistance programs ("LRAPs") provide financial aid to law school graduates working in the public interest sector, government, or other lower-paying legal fields. Because the number of consumers usin g these loans in the survey is small, t here is some survey uncertainty in these estimates, 2but the estimates are similar to other sources. The plan is effectively an overhaul of the Revised Pay. May 31, 2022. The hit HISTORY series returns to the only family-run pawn shop in Las Vegas, where three generations of men carefully assess the value of items brought in by an array of quirky customers. According to a criminal. m. 40 min 10/16/2022 $2. 4 We fill this gap by documenting detailed information on pawnshop loan repayment and default, and by discussing how pawnshop borrowers’ behavior is consistent with various behavioral. Free trial of discovery+. Rick Harrison and his family run one of the most profitable and unique pawn shops in Las Vegas. Rick Harrison of ‘Pawn Stars’ sued by 81-year-old mom. S. And most pawn shops also charge a service fee and then tack on interest — which can vary between 10 percent and. Repayment usually takes the form of periodic payments that normally include part principal plus interest in each. alternate_email kyle@diamondbanc. Many borrowers will repay their debt in full under the new plan. Likewise, EZCORP, Inc. Contact information & biography expand_more. Contact Susan. In order to accept goods into pawn a pawnbroker makes an on-the-spot valuation of the goods. The Pawn Stars have a chance to buy an extremely rare 18th century double-barrel coaching gun engraved with a mysterious golden script. During episodes of Pawn Stars, the show's stars are often shown getting into little squabbles that can be completely cleared up in just over twenty minutes. How does a pawn loan work? To “pawn” an item means to leave it in the custody of the store as collateral for a short-term cash loan. Hello there, girard31. Sutton Group West Coast Realty, Vancouver West houses, Vanc. A pawn shop loan is a short-term, secured loan. If that necklace from your grandmother is worth $800, you probably aren’t going to be able to secure an $800 pawnshop loan. Matchbox Management, LLC is a limited liability company (LLC) located at 1741 Business Center Dr in Reston, Virginia that received a Coronavirus-related PPP loan from the SBA of $5,566,273. Richard Harrison, known as “Old Man” on the hit reality show Pawn Stars, has died. these were selling from $150 - 300 bucks. Since 2009, fans of the series have thrilled at both the junk and the. Published on June 25, 2018 01:54PM EDT. . Pawn shop loans do not have repayment risk because they are collateralized by the item you give the pawn shop to take out the loan. Credit card loans are considered revolving credit. Let's just say he told me $5000 worth of professional audio and photo gear was worth a $200 loan. ALL. Search all SBA Paycheck Protection Program loan records on FederalPay. Whether you're looking for a pawn shop, second-hand shop, pawnbroker, hock shop, thrift store, loan store, pawn shop, or buy-and-sell store, there are plenty of. overdraft protection on a chequing account includes a $5 fee plus 21% annual interest on the amount you borrow. etc. and are willing to put up property they own that has a much greater value than the amount they are seeking as collateral to secure the loan. Exactly. For single payment title. While interest rates for pawn shop loans vary, pawn shops often. Pawnbroking imposes a discipline on the borrower that other lenders do not. Published: Mar. While we love to watch the hijinks of Rick, Old Man, Big Hoss and Chumlee, the real draw for viewers is the revolving door of unexpectedly fascinating. You take an item of value to the pawnbroker, the shop evaluates it and gives you a loan for a percentage of the value. used pawn credit. Ferrari" of History's "Pawn Stars. Richard Benjamin Harrison Jr. Increasing debt basis by passthrough income when debt is repaid during the year: P is the sole shareholder of N Inc. The series is filmed in Las Vegas, Nevada, where it chronicles the activities at the World Famous Gold & Silver Pawn Shop, a 24-hour family business operated by patriarch Richard "Old Man" Harrison, his son Rick Harrison, Rick's son Corey "Big Hoss". For example, if you pawn a watch with a used value of $1,000, the pawnbroker might offer you a loan of $250 to 600. . This seller has an incredible amount of Matchbox cars in mint condition. 00 in April, 2020. Lendly loans ranging from $1,000 - $2,000 are funded in as fast as 24 hours. If i needed quick cash i would probably feel safe enough a well known shop is holding it and i can get it back when repaying the loan and interest. . 0:00 – Babe Ruth Autograp. Once you have repaid your loan and additional interest & fees, come redeem your item. New Episodes Fridays at 9/8c. See, even though Rick Harrison and his family have owned and operated World-Famous Gold & Silver Pawn Shop for years, the Pawn Stars cast can't be experts on every item that customers bring to. Unfortunately for Chumlee and the pawn shop, Corey once revealed that his. X in case he took a $100,000 loan with a 6% interest rate and considering it is an interest-only loan, the computation would look like this: a: the total amount of the loan is $100,000. Season 2 (32) 21 Seasons | 635 Episodes, 66 Unlocked. You will be charged an additional fee. Under the current REPAYE plan, if an undergraduate student makes payments over 20 years and does not complete loan repayment, the remainder of the debt is forgiven. A pawn shop loan is an agreement in which you offer an object, such as a piece of jewelry, and take a cash payment on a percentage of its value. Pawnbrokers typically give out small loan amounts even if the item you are pawning is worth more. The seller thought was worth about $75,000. Ashley Gold January 7th, 1978.