About

What Happens to my Stuff?

While your item is in pawn, we will take care of it! Your item is safely stored until you come back to pay your loan in full and claim your merchandise. When you give us an item of for pawn, we keep all accessories (remote controls, cables, etc.) with your item, and place it in our secure warehouse. All locations are monitored 24/7/365 by alarm/security companies. All jewelry items are stored in fire/burglary rated safes and all our pawn shops are fully insured for the total loan value of the collateral we keep.

All stores are regularly audited by inventory audit personnel, and all merchandise pawned or sold is reported to local law enforcement officials.

What Can I Pawn?

Valu + Pawn will take anything of value as collateral on a pawn loan. Typical categories are Home Electronics, Car Stereo Equipment and Speakers, Home Stereo Equipment, Computers, Hand Tools, Heaters and Air Conditioners, Lawn Equipment, Musical Instruments and Equipment, Power Tools, Sporting Goods, Televisions, DVD’s and Players, Video Game Systems, and the list goes on…

And of course, JEWELRY!!! We have been doing this a long time, and have a reputation for giving our customers the most money for their items. There are many new businesses out there offering to buy your gold jewelry, but we truly believe that if you are looking to sell gold, diamonds, fine watches, collectibles, etc. your best offer will come from us. Please, DO NOT SELL YOUR JEWELRY BEFORE COMING TO US!!! We encourage you to shop us and see for yourself.

And remember, you don’t have to sell your items; you can always take out a loan. Once you get over a rough spot and redeem your jewelry item, it is always a good feeling to know that you can get that loan again on the same item if you need it, and FAST!

Pawning has long been a source of capital for people in times of need, as well as a means of financing business ventures…..

Historical Facts and Legends

As mankind’s oldest financial institution, pawnbroking carries on a tradition with a rich history. Pawnbroking can be traced back at least 3,000 years to ancient China, and has been found in the earliest written histories of Greek and Roman civilizations.

During the Middle Ages, certain usury laws imposed by the Church prohibited the charging of interest on loans, thus limiting pawnbroking to people who had religious beliefs outside of the Church. Out of economic necessity, and because of problems in the banking system, pawnshops made a resurgence in later years. The House of the Lombard operated pawnshops throughout Europe. Legend contends that they even counted royalty, such as King Edward III of England, among their clientele during the 14th century. The symbol of the Lombards’ operations was the three gold balls that still remain the trademark.The Nursery Rhyme “Pop Goes The Weasel” refers to pawning. A weasel is a shoemaker’s tool and to “pop” is to pawn. “That’s the way the money goes… Pop goes the weasel.” 

There are several versions of this famous nursey rhyme. We present our favorite for your enjoyment.




The monkey chased the weasel – 
The monkey thought ’twas all in fun
 – Pop! Goes the weasel – 

A penny for a spool of thread
 – A penny for a needle – That’s the way the money goes – Pop! Goes the weasel – 

A half a pound of tupenny rice – 
A half a pound of treacle – 
Mix it up and make it nice – Pop! Goes the weasel – Up and down the London road – 
In and out of the Eagle – 
That’s the way the money goes – 
Pop! Goes the weasel – 

I’ve no time to plead and pine – 
I’ve no time to wheedle – 
Kiss me quick and then I’m gone
 – Pop! Goes the weasel. 


Queen Isabella of Spain pawned the crown jewels to finance Columbus’ voyage to America. The word pawn originates from the Latin word “patinum” which means cloth or clothing. The French word “pan” refers to a skirt or blouse. In the early centuries, the principle assets people had were their clothes and borrowed money by pawning their clothing.

The universal symbol of pawnbroking is three gold balls and is one of the most easily recognized in the world. The Medici families in Italy along with the Lombards in England were moneylenders in Europe. Legend has it that one of the Medicis in the employ of Emperor Charles the Great fought a giant and slew him with three sacks of rocks. The three balls or globes later became part of their family crest, and ultimately, the sign of pawnbroking.

Throughout history, pawnbrokers have been helping people. The Bible offers references to pawnbroking, and in Deuteronomy 24:6-13 it states: “No man shall take the nether or the upper millstone to pledge, for he taketh a man’s life to pledge”. What this means is: you should not take as a pledge anything a man needs to make a living. The same chapter also says: “Thou shalt not go into his house to fetch the pledge. Thou shalt stand abroad and the man to whom thou dost lend shall bring the pledge…unto thee.” Interestingly, often the debtor’s children could be used as a pledge (2 Kings,4:1-7). Also in Deuteronomy 23:21 the people were told not to take interest from their own countrymen – only from foreigners.

According to ancient Mesopotamian law, the rates of interest charged – even in those days – were 20% for silver, and 33% for grain.

The moneychangers of Jesus’ time served two purposes. First they exchanged Antiochian Tetradrachms for the local currency (shekels), exacting a fee between 4% and 8% for their services. Second, they functioned as bankers and lenders. In the well-known Gospel story, Jesus overturned their tables because he didn’t feel the gates of the Temple were the right place to be conducting that business. In fact, such moneychangers set up shop there as a service, to deal with people who came to pay their half-shekel Temple tax. The rabbis insisted it be paid in silver didrachms of Tyre, which nobody carried.

Copyright © 1998 National Pawnbrokers Association 
Copyright © Pawnbroker Staff Trainer