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From the category archives: Metro Pawn and Gun

Coins

Merry Christmas from Metro Pawn & Gun - Celebrating the Holidays

Merry Christmas from Metro Pawn & Gun! We extend our heartfelt thanks to our cherished customers for a fantastic year in 2023. Join us in celebrating the joy of the season with quality gifts and trustworthy services. At Metro Pawn & Gun, we offer a wide selection of jewelry, electronics, tools, coins, and firearms. As we look forward to a promising 2024, we invite you to experience our commitment to honesty, quality, expertise, and community engagement. Call us at 612-861-2727 and make your Christmas extra special with us.

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Holiday Gift Giving Ideas at Metro Pawn & Gun

Discover the joy of giving this Christmas with unique gift ideas from Metro Pawn & Gun. Whether it's firearms, jewelry, electronics, or more, we have something for everyone on your list. Our ever-changing inventory, competitive prices, and knowledgeable staff make us the perfect choice for your holiday shopping. Trust in our reputation as a trusted pawn shop in Richfield & Minneapolis, MN. Make this season unforgettable – contact us at 612-861-2727 for inquiries and explore your holiday gift options today.

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Coin Collecting with Metro Pawn & Gun

Discover the joy of coin collecting with Metro Pawn & Gun. From novice to expert, explore diverse collections, find rare coins, and unlock investment potential. Your trusted pawn shop in Richfield & Minneapolis, MN.

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Garage Sale vs. Pawn Shop

Many people often go through their household inventory, clean and reorganize. Fall is not only a new season, but an opportunity to clean house and streamline life in general.

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Buying and Selling Coins

Coin collecting is both a fun hobby and one that can be quite lucrative if you know what you’re doing. Some people may be avid collectors while others may have just inherited a coin collection from a relative. Perhaps you are getting your kids interested in coin collecting, or maybe you have just such a collection from when you were a kid. Whatever the case, these coins may be worth some money. If you are interested in pawning or selling your coins, or if you are looking for rare coins to add to your portfolio, Metro Pawn & Gun is a terrific place to visit.

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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 wedding ring as collateral for a $250 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.

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Collecting Coins

Coin collecting is a hobby enjoyed by many people, young and old alike. Some focus on old coins, some on the newly minted. Others enjoy the variety of amassing coins from around the world, or a particular country of interest. Collectors range from the casual aficionado to the hardcore experts who will pay top dollar for what they seek. It can be a hobby that is easy on the checkbook or one that takes a fair level of financial investment. One thing is certain, if coins appeal to you, there is something to fit any and every budget or level of interest.

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Investing in Silver

For many centuries, silver has been regarded and valued as a precious metal. More abundant than gold and therefore not as costly, silver metal has often functioned as a coinable monetary system.  Beyond currency, silver has numerous applications such as jewelry, ornamentation, tableware, water filtration and as an investment in the form of bullion, to name a few. Silver is used industrially in electrical contacts and semi-conductors as it possesses the highest electrical and thermal conductivity of any metal.  Other applications include mirrors and window coatings, as well as in photographic film and X-rays. Dilute silver nitrate solutions and other silver compounds are used as disinfectants, added to bandages and wound-dressings, and incorporated into various medical instruments.

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Coin Collecting for Fun or Investment

Coin collecting is both a fun hobby and one that can be quite lucrative if you know what you’re doing. For some collectors, this is a very serious pursuit, while for others it may just be an enjoyable pastime. It often starts with children collecting various interesting or unusual coins, and may persist into adulthood with impressive and equally valuable portfolios. Whatever the case, coin collections can be worth a fair amount of money. If you are interested in pawning or selling your coins, or if you are looking for rare coins to add to your collection, Metro Pawn & Gun is the perfect place to visit.

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A Good Time for Precious Metal Investment

It appears as though our hopes of arriving at a time we could refer to as “post-pandemic” were an illusion. Optimism that this potential period would resemble the pre-pandemic world in some capacity now seems rather unlikely. New ‘variants’ seem to be popping up with nearly predictable regularity, vaccination controversy has exploded onto the scene, and compliance with heretofore personal choices is quickly becoming decreed without regard for consent. Commodity shortages, increasing fuel prices, border chaos, economic instability, international crisis, and escalating social discontent are creating a volatile cocktail.

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