“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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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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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 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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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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The stock market – it makes people millionaires or homeless and everything in between. We’ve all heard the “high risk, high reward” phrase. Conversely, there is also the “low risk, low reward” school of thought. Some people know how to play the investment game very well, while others just spin the wheel and hope for the best. Wherever one may be on this sliding scale, the odds of success or failure are tied to countless variables, many of which exist outside the control of the individuals playing the game.

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The pattern is quite predictable. Uncertainty and instability, whether economic, social or political, drive up the price of precious metals. This is a historic fact. Much like an archeologist can look at ancient sedimentary strata and infer that certain things happened relative to the composition of these layers; we can look at a precious metal chart alone and verify that peaks in the graph indeed correspond to various geopolitical commotions that occurred at those points in time.

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The negative economic impact resulting from events that have transpired within the last six months has been tremendous. An unprecedented closure of the economy has caused irreparable harm to small businesses across the country, forcing many to shutter their doors for good. Unemployment rose higher in three months of COVID-19 than it did in two years of the Great Recession. Yet despite the pandemic, Amazon doubled its net profit year over year to $5.2 billion, compared to $2.6 billion at this time in 2019. So what’s wrong with this picture?

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Metro Pawn & Gun deals with a wide variety of collectible coins and other rare currencies. Coins may be made of precious metals or more common materials. Their values are based on their scarcity, composition and condition.

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The COVID crisis we are experiencing is unprecedented in modern times. Aside from the human toll in fatalities, it has affected nearly every aspect of life as we know it. From government mandated lock-downs to economic disruption on a global scale, it has exposed the true frailty of the engines that power our world. The prosperity of a functioning society is not simply defined by a monetary equation. Fluctuations and elasticity are an inherent part of such a system and typically weathered in stride. But when the life fabric of life is stretched beyond the breaking point, it’s wise to prepare for a potentially unfavorable outcome.

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