“Loans made on most anything of value”

Serving the community since 1994
7529 Lyndale Avenue South,
Richfield, Mn 55423

Gold As An Investment

For those of you who follow the gold market, remember back to January of 2000? The price of gold was a mere $288 per ounce! If you happened to be investing in gold at that point in time, looking at your portfolio in October of this year will be a delightful experience. Currently at $1280 per ounce, the value of your investment has over quadrupled in 17 years! There aren’t many other investments that can compare.

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Understanding the Pawn Process

“Pawning” is a process in which you bring an item into the pawn shop in exchange for a cash loan. For example, you might pawn a gold ring as collateral for a $150 loan. If you repay the loan by a predetermined date, you can retrieve your gold ring. The loan repayment amount will include interest and fees that are typically regulated by the state. You also have the option to extend the repayment time frame, although this will incur continuing interest. If you fail to repay the money on time, the pawn shop takes ownership of the ring and can offer it for resale. A large percentage of pawned items are reclaimed by their owners, but some are forfeited and thus provide inventory for the pawn shop to sell. Pawn shops also purchase items outright to resell, which is another way to provide clients with the cash they need and to acquire inventory for the store.

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Tools of the Trade

Tools are an integral part of every day life. We use them to construct, assemble and maintain nearly every aspect of our environment – from our homes to our vehicles to our appliances and our furniture. They repair what is broken, and improve what is not. Life is made easier when tools perform otherwise strenuous or laborious tasks. Whether general in their purpose, or specialized in their function, there is a tool for just about any job you can imagine.

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The Modern Shotgun

Aside from being one of the most prolific weapons of the modern age, the shotgun is also one of the most versatile guns you could ever own. You can hunt just about anything with a shotgun, use it for home defense, military or police operations, partake in various sporting applications such as skeet or trap shooting, or just have a ton of fun shooting at the range. Ammunition is readily available and relatively inexpensive compared to other specialty calibers.

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Why Buy Home Electronics at a Pawn Shop?

Home electronics have come a long way since the days of the cassette player connected to an analog stereo amplifier and a pair of speakers. Today’s home electronics are a fusion of computer technology, Wi-Fi, streaming media and multi-channel, multi-room digital applications of every sort imaginable. Surely you would need to purchase such items at a specialty audio/video establishment, right? Well, you can, if you want to pay top-shelf prices!

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Which Firearm Should You Buy?

If you are looking to purchase a firearm, whether for the first time or to add to an already existing collection, stop by our pawn shop and you will be both impressed by our selection and thrilled with our prices.  

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Things to Consider When Pawning Your Gold

Pawn shops can provide loans for your items, or purchase them outright. It all depends on whether you wish to retrieve your item at a later date, or just want to get rid of it altogether

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What’s HOT and what’s NOT….

Some things in the ‘general market of everything’ hold greater value and appeal than others. Technologies change, fads come and go, and styles evolve to reflect the consumers they target. There are also certain ‘fixed points’ in these markets – goods that are equally desirable, if not more so, at any given time.

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The Timeless Value of Used Jewelry

If you are shopping for an engagement ring or perhaps looking to reward yourself by investing in a fancy watch, Metro Pawn and Gun carries a great selection of used jewelry at amazing prices. We offer gold, silver and platinum rings, necklaces, bracelets, earrings and more. Some are simple and made of precious metals; others are embellished with gemstones and elaborate designs. One thing is certain - our selection has something for everyone, for every occasion.

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Buying a Rifle – So Many Choices…..

The word "rifle" originally referred to the pattern of grooves called ‘rifling’ cut into the inside of the barrel. Rifles are used in warfare, defensive operations, hunting and shooting sports. At Metro Pawn and Gun we stock a large variety of rifles, including bolt action rifles, semi-automatic rifles, sporting rifles and collectible or antique rifles.

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Mon-Fri: 10am-8pm
Sat: 10am-5pm
Sun: Closed
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