“Pawning” is a process in which you give the pawn shop an item in exchange for a cash loan. For example, you might pawn your television as collateral for a $100 loan. If you repay the loan by a specified date after you pawn the item, you can retrieve your TV. The loan repayment amount will include interest and fees that are typically regulated by the state. If you don’t repay the money on time, the pawn shop takes ownership of the TV and can offer it for resale. Most of the items pawned are reclaimed by their owners, but some are forfeited and provide inventory for the pawn shop to sell. Pawn shops also purchase items outright to resell.
Although there is no substitute for stopping into our store to see the countless products we offer, to be amazed at the unique diversity of items we have available, or to utilize our pawn and loan services, we also list some of our featured inventory on eBay and Gunbroker online. eBay.com is an auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide, and GunBroker.com facilitates the sale of firearms and related items by bringing buyers and sellers together.
One of the most fascinating things about Metro Pawn & Gun is that selling, pawning and buying are all equally exciting. Do you know of any place under one roof where you can get money for virtually anything of value, and buy from an enormous inventory that is generated when people sell or pawn these items of value? It is a cycle of ‘awesome’ that stays always in motion, day after day.
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.
The term ‘antique’ or ‘collectible’ is generally ascribed to a firearm that was designed and manufactured prior to the beginning of the 20th century. Although the exact definition of what constitutes an ‘antique firearm’ varies, it can be divided into two basic types - muzzle loading and cartridge firing. Such pieces are highly sought by collectors and shooters, and we come across some very unique and collectable firearms at Metro Pawn & Gun.