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From the category archives: Metro Pawn and Gun

Gold

Precious Metals in 2020

Looking at the past year, we continue to see appreciation of precious metals across the board. Within the past 12 months, gold went from a low of $1270 per ounce to $1574 per ounce currently. Silver experienced its lowest price of the past year at $14.34 per ounce to its highest of $19.57 per ounce. Platinum soared from around $785 per ounce in January of 2019 to around $1015 per ounce in January of 2020.

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Thinking about gifts for the Christmas season?

The gift-giving traditions of the Christmas season can be trying at times. If you have many people to shop for, each with multiple ideas of their holiday wish lists, it can quickly become a full blown shopping adventure. Are you up to the challenge of braving black Friday crowds at the mall or other retail venues? Do you want to endure the long lines, parking hassles, or coming up empty because the item you wanted just sold out? Even with online retail being a part of how we shop these days, it still comes with its own set of issues. Will the gift you ordered arrive in time? Will it make it through the delivery process without damage?

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Coins at Metro Pawn & Gun

At Metro Pawn & Gun are big fans of collectible coins, coins made of precious metals, and other rare coins and currencies. Coins from around the world and throughout the ages are not only valuable, but each one carries along its own chapter of history from the era during which it was created. Can you imagine where a penny minted during World War II may have been? Or a Morgan silver dollar from 1921, steeped in history and witness to events that shaped our world. We stock silver quarters and dimes, WWII nickels and pennies, and innumerable other numismatic treasures. We are always on the lookout for rare coins you may want to sell or pawn.

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Precious Metals and World Crisis

The world is far from a peaceful, stable place. Geopolitical tensions seem to increase, and then subside, but most every storm has been weathered to some extent or another. Those that believe this to be as cyclical as the weather will allude to the fact that every generation has faced its own set of crises, many of which may have been worse than current events, only to have prevailed and come out stronger as a result. And although this is true, if one examines the broader story arc of where things are going, the big picture does raise some concern.

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Should you buy Jewelry at a Pawn Shop?

Consumer buying knowledge today is at an all-time high. With our capacity to instantly research any given topic or search for the best deal using the Internet, we are able to make informed purchasing decisions without so much as leaving the counter in a place of business. Virtually infinite information is available at the touch of a button or voice prompt on our smartphones and tablets.

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The Demise of Modern Currencies

Most people are at least somewhat familiar with the process of financial bankruptcy. Whether it involves an individual, a business or even a country, when debts rise above one’s capacity to pay those debts, financial insolvency ensues. When people and companies are involved in bankruptcy, lawyers file papers, wave a magic wand, and the debts are resolved while adverse effects take hold on said party’s credit rating. So what happens when a country goes bankrupt?

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Precious Metals in 2019

Precious metals can be found in a great many forms. Gold, silver and platinum are used extensively in jewelry and also in coins from all over the world, past and present. These metals are also efficient conductors of electricity and are used in many electronic applications ranging from computers to medical equipment. Even artwork and ornamentation is no stranger to precious metals. The scarcity of these metals makes them valuable, and this value has always increased over time relative to other commodities.

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To Pawn or not to Pawn, that is the question…

The modern pawn shop is a unique institution in today’s business world. It is a place where you can get a quick loan for items of value, or quick cash for items you wish to sell. You can also shop a robust and varied inventory of merchandise at remarkable prices.

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Coin Collecting

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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Gold – Why do you need it?

Gold is a precious metal and fairly rare element that has been used throughout history as a monetary system in the form of coinage, in jewelry and other forms of adornment, and in other arts as well. Although the world monetary gold standard was abandoned in favor of a fiat currency system in the 70s, the value of gold persists and actually continues to grow in spite of this.

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