Las Vegas Pawn Shop
When you think of a Las Vegas pawn shop, chances are the first thing that comes to mind is the Gold and Silver Pawn Shop made famous by the History Channel’s Pawn Stars reality show. It’s a small store where antiques and mementos are bought and sold, and where the Harrison family—father Richard (aka “The Old Man”), son Rick, and his associate Chumlee—wheel and deal.
The show has a lot of fans, and the lines to get into the shop are often long. It’s not just because the items are interesting, but also because they are a real-life glimpse into the way people interact with their stuff. It’s sort of like Antiques Roadshow with a Sin City sheen.
Las Vegas pawn shop of the time, however, the valuations given by the pawn brokers are very broad approximations. This is because the majority of items brought in to the shop have no documentation and are therefore only worth a fraction of what they would be worth at retail prices. This puts a large amount of risk on the pawn shop’s end and is why they often get burned.
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The Harrisons are shrewd businessmen, and they make some good deals. But they’re not perfect and there are some things that can be quite suspicious about their behavior. As classicalsteve points out, for example, the Harrisons have a bad habit of rolling their eyes at experts who reveal how much an item is really worth. They’re not necessarily doing this because they think the expert is a jerk, but rather because they want to be able to lowball sellers.