General Discussion
In reply to the discussion: Contrary to what I have read here, I think "Pawn Stars" [View all]pipoman
(16,038 posts)saying something about, 'you never want to tell a customer at a pawn shop what their item is worth retail'? Why? The only reason it would matter if you are trying to make an unreasonable, and inexplicably high profit on the item and are ashamed or know it would blow your deal to be honest with the person.
Understand, I'm not saying anything much about the validity of either of these shows, for all I know neither pawn shop exists and these are filmed on a Hollywood lot. Justifying $.10 on the dollar for some customers by dishonesty or 'fraud by deception/omission' because other customers bring in broken TVs that you buy..I suppose that is fine for some..I would more likely see how many broken TVs I take vs. how many I buy, then reduce what I pay for TVs by that percentage or increase the price I charge. This is how other businesses deal with breakage..you do know all businesses experience breakage, no? Other businesses don't go steal a truck load of merchandise, or con someone out of their property to make up for breakage.
Mistakes cost money in my business too, mistakes happen...still not a good reason to take advantage of a desperate person. If you are in the business of buying Rolex, you should know what you're doing.