Shotguns and pawn shops! Oooh yeeeeaahhh - Page 2

johnwilliamson062 · June 18, 2009, 10:05 PM

Quote:

There really is not much downside to having the gun sit there a few months hoping someone is fool enough to buy it.

They have a colt Woodsman in less than perfect shape with no accessories listed for 479 that has been there over a year. A number of shotguns also there as long as I have lived there.

**Mike Irwin** · June 19, 2009, 10:04 AM

I had the guy at the pawnshop try to convince me that I needed a Colt New Service in .357 Magnum.

"It's REALLY RARE! This is a GREAT price!"

$1,000 was NOT a great price for an unusual, but not particularly, rare handgun, especially not one that looked as if it had been dragged by a chain down a gravel road.

Super-Dave · June 19, 2009, 10:55 AM

So are all these pawnshop owners/ workers just stupid?

or Do people really pay $320.00 for a used rusty mossberg 500?

ilbob · June 21, 2009, 03:48 PM

Quote:

So are all these pawnshop owners/ workers just stupid?

They are actually being smart.

Say you have $100 in something that was pawned. Whats the downside to having it sit for a few months hoping a fool walks in?

If they borrowed the money to buy the item, they are probably paying no more than 10% on it. Its costing them less than a dollar a month for it to sit on the shelf. Very low risk for them.

They may also prefer to have more stock thinking it brings in more buyers.

You often see the same thing with consignment guns. The gun shop does not own the gun so could care less if it sits there forever in many cases.

June 19, 2009, 10:04 AM	#27
Mike Irwin Staff Join Date: April 13, 2000 Location: Northern Virginia Posts: 41,389	I had the guy at the pawnshop try to convince me that I needed a Colt New Service in .357 Magnum. "It's REALLY RARE! This is a GREAT price!" $1,000 was NOT a great price for an unusual, but not particularly, rare handgun, especially not one that looked as if it had been dragged by a chain down a gravel road. __________________ "The gift which I am sending you is called a dog, and is in fact the most precious and valuable possession of mankind" -Theodorus Gaza Baby Jesus cries when the fat redneck doesn't have military-grade firepower.

June 19, 2009, 10:55 AM	#28
Super-Dave Senior Member Join Date: February 1, 2008 Location: Florida Posts: 795	So are all these pawnshop owners/ workers just stupid? or Do people really pay $320.00 for a used rusty mossberg 500? __________________ If you want a vision of the future, imagine a boot stamping on a human face - forever. George Orwell