Pawn Info

Loan Rates & Services

(As regulated by Washington State)
RCW.19.60.060

Process Fee on Loans: $1.50 up to $4.00 on loans up to $15.00. Add $0.50 for every additional $5.00 up to $100. Above $100 loan, fee is approximately $1.00 per additional $25.00.

Interest Rates on Loans: Maximum rate of 3% on loans over $100.

90 Day Loans are Pro-rated.
(Can be redeemed at any time within the 90 days.)

Pawn Shop Facts

  • Pawn shops are an important part of every business community. Largely, we are family owned shops with a vested interest in the well-being of our community and neighbors.
  • All items pawned or sold require a valid government issued photo I.D.
  • Every item received is listed by description and serial number. These are then downloaded to local/state/national databases for tracking.
  • It takes a special kind of stupid for a criminal to bring stolen goods to a pawn shop.
  • Short term collateral loans from pawning will grant you the money you need without the high interest rates of credit cards and there is NO danger to your credit history.

Stolen Goods Checklist

Were you burglarized?

  • Fill out a police report!
    Little can be done if you do not do this.
  • Most small thefts are done by family and friends.
  • Do you have any suspects in mind?
  • Most stolen items end up:
    • On Craigslist
    • Ebay
    • Fenced to drug dealers
    • Flea Markets
    • Second Hand Stores
    (None of these are regulated like a pawn shop)
  • National statistics state that 1/10 of 1% of stolen goods go to pawn shops.

We will be happy to take lists and photos of your missing items.

History of the Pawn Industry

Pawn Balls

In the west, pawnbroking existed in the Ancient Greek and Roman Empires. Most contemporary Western law on the subject is derived from Roman jurisprudence. As the empire spread its culture, pawnbroking went with it. Likewise, in the East, the business model existed in China 3000 years ago, no different than today. Through the ages it has been strictly regulated by Imperial or other authorities.

The pawnbrokers’ symbol is three spheres suspended from a bar. The three sphere symbol is attributed to the Medici family of Florence, Italy owing to its symbolic meaning of Lombard. This refers to the Italian province of Lombardy where pawn shop banking originated under the name of Lombard banking.

The three golden spheres were originally a symbol which medieval Lombard merchants hung in front of their houses, and not the arms of the Medici family. It has been conjectured that the golden spheres were originally three flat yellow effigies of byzants, or gold coins, laid heraldically upon a sable field, but that they were converted into spheres to better attract attention.