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Old 01-05-2011, 10:17 AM  
Paul Markham
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
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Quote:
Originally Posted by PR_Glen View Post
the stuff on those shows are pretty interesting, the fact that you watch them low ball these people because they know they are desperate and need cash to throw away to feed their obvious gambling problem is hard for me to stomach though...
Yes a lot of the items in LV pawn shops are from gamblers who had a winning day, visited the casino jewelry store and the next day had to pawn the itam and shocked at what they got.
JFK is spot on about the mark up. Pawned or sold jewelery was around 60-70% of the gold value, diamond was not reckoned unless it was big and flawless. Even then a fraction of the real value my parents got from a dealer.
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