Many traditional shops have iconic symbols outside their doors. The use of symbols for traditional shops dates back to a time in Europe when. The Suffolk Jewelers & Pawnbrokers logo features the traditional symbol of the pawnbroker, which is three spheres suspended from a bar. Many traditional shops have iconic symbols outside their doors. The use of symbols for traditional shops dates back to a time in Europe when. Forgot Password Enter your e-mail address below and we will send you an e-mail with a link and reset code to reset your password. Shoot us a message. Sweden there is legislation to prevent the pawn broker from making unfair profits usury due to financial distress or ignorance of the customer at the expense of the customer by low evaluation on their collaterals. The first firefighters were a band of crusaders known as the Knights of St. In determining the amount of the loan, the pawnshop owner also assesses the likelihood that the customer will pay the interest for several weeks or months and then return to repay the loan and reclaim the item. Likewise, in the East, the business model existed in China years ago in Buddhist monasteries  no different from today, through the ages strictly regulated by Imperial or other authorities. You probably know that Saint Nicolas is the recognized patron saint of pawnbrokers. Pawn your Gold and Keep your Jewelry 1 Comment. This is often thought of in terms of a range, with the low point being the wholesale value of the used good, in the case that the pawnshop is unable to sell it to pawnshop customers, and they decide to sell it to a wholesale merchant of used goods. Could this be because of the recession so many more people are on the lookout for their local Pawn Shop or could it be that again recently, several news items have called Sportsbooks and Bookmakers the ultimate Pawn Shop Symbol?