Each morning, it takes me about 3 minutes to walk from where the bus drop me off to my office, and I realize that during this short stroll, there are 3 pawn shops on the same street! The word “pawn” actually comes from the latin word “pignus”, meaning to pledge.
Don’t be fooled by the antiquated look of the shop and think the trade is passed down for generations, many of them have sprung up over the years and operate as a chain. While the pawn shops may look antique, this is certainly a professional trade using high-end security systems and top-notch computer systems. In fact, many of the pawn shops operate as a 1 stop service with a second-hand watch and jewellery store next door selling pawned off goods.