January 2nd of the year 2000 would have been a great day to buy gold! At $288 per ounce, people that were watching the gold markets back in mid-1976, when one ounce of gold was selling for around $105, must have been kicking themselves for not having cashed in their savings account or college fund and bought gold coins or bullion. For those who did, August of 2011 was a happy month, as they turned their relatively meager investment into a $1917 per ounce cash portfolio!
Metro Pawn & Gun is so much more than just an ordinary pawn shop. We are your opportunity to get a loan that you may need in a financial pinch, a place where you can sell something that you no longer need or use, and a shopping destination where you will be able to find a great variety of products that would not ordinarily be available in other stores.
A pawnbroker or pawn shop is an individual or business that offers secured loans to its customers, with items of personal property used as collateral. Basically, something of value is held in exchange for something else of value. Today, pawn shops also buy items outright, and sell purchased products or those that have not been retrieved from the pawn process. Pawnbroking existed in the ancient Greek and Roman Empires, and as the culture of the time spread, pawnbroking did as well. Likewise, in the East, the pawn business model existed in China over 3000 years ago.