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You can also pawn just about anything. Take Trader's pawnshop in Reseda, a southern California community: It's packed to the rafters with guns, TVs, VCRs, jewelry,cameras and golf clubs, among other items. A smaller number of shops specialize. T.N. Donnelly & Co. in Chicago, for example, deals only in jewelry. Other such "boutiques" are aimed at art, antiques, musical instruments or guns.
Another good thing about pawnshops is that despite their teputation as fences for stolen goods, most of them are strictly on the up and up.For starers, pawnbrokers have to be licensed. And, in most states, they must submit a complete inventory of the items they have taken on pawn to the police every day. In California, the item's owner has to be fingerprinted.
For bargain-seekers, pawnshops have other attractions. Because pawnbrokers gene rally loan customers such a low percentage of an item's value, they can still make a nice profit by reselling foreclosed merchandise for as little as 50 percent of the retall price. That means big bargains for shoppers.