“Loans made on most anything of value”

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

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 Tools of Winter

When we think of tools, drills and sockets and hammers and saws usually come to mind. But tools encompass much more than the machineries we use to fix or build things. All manner of specialized implements fall into this category, including lawn maintenance equipment and snow removal apparatus.

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Vintage and Replica Firearms

Imagine owning an original MP 40 (Maschinenpistole 40) - a submachine gun developed in Germany and used extensively by the Axis powers during the Second World War. Well, not many people can, unless you have $10,000 or more to spend on one, not to mention that even finding one can be next to impossible! Or perhaps a US M1 Garand, which was the standard service rifle of the American Infantry during the same world conflict. Although not as rare as the venerable MP40, finding one in pristine condition will also set you back a bit financially. To round out a trio of iconic firearms, the Russian Mosin-Nagant was a bolt-action rifle developed from 1882 to 1891 that saw service by the armed forces of the Russian Empire, the Soviet Union and various other nations. Fortunately for collectors, hobby shooters and history buffs, the Mosin-Nagant can still be acquired in the surplus markets with relative ease and without a second mortgage.

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Revolver vs. Semi-Auto

A revolver is a type of handgun that has a revolving cylinder containing multiple chambers for cartridges and a barrel for firing them. Each time the trigger is pulled, the cylinder advances to the next chamber and the round is fired. Depending on caliber, most revolvers have a capacity of anywhere from 5 to 10 rounds of ammunition. Once all rounds are expended, the cylinder can be flipped open to extract the spent casings and insert new ammunition.

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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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Sat: 10am-5pm
Sun: Closed
Call us at 612-861-2727
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