General Discussion
In reply to the discussion: Contrary to what I have read here, I think "Pawn Stars" [View all]Mnpaul
(3,655 posts)they are going to have unrealistic expectations on what they will get for it. You see it happen on Pawn Stars. They don't understand all the things I outlined above. The pawn shop software comes into play here as well. If someone is a good customer who reclaims their stuff every time, you can give them more. If someone never redeems their stuff, you give them little.
Taking advantage of desperate people happens every day. Take Apple's iPhone. They cost around $198 to make and that is made possible by workers that get slave wages working in factories so miserable that they have to put nets around the buildings to prevent people from jumping to their death. Do you have any new electronics in your house? If you do, you are taking advantage of desperate people.