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Unread 08-03-2012, 12:49 PM   #21
padredan
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Location: louisiana Now, but from the Rebublic of Texas
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once a pawn or loan goes past the default date without any interest payment it will be out for sale, any pawn shops selling or handeling firearms will have a ffl and follow all atf rules and regulations , plus be licensed in their state as a pawn broker. we have sold items back to their owners after they have defaulted before. no items cannot be put out for sale before they have been in default on their loan. Pawn shops can and do buy items , but they must be held a minimun of thirty days before being sold. each pawn ticket will have all the rules on it and must be signed by the customer and it is a legal contract. allso in louisiana and texas the hours of operation are regulated . When buying gold or coins there is a formula that is based on penny weights and the spot price of gold to determine the price of the item. it is a bussiness based on the value of the item pawned and the interest charged on loan for that item, to me there is still alot of junk brought in and not much is loaned on it and you hope you can sell it just to get your money out of it.
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