Just the Facts.........

Pawnbroker Definition

(courtesy of Wikipedia)

A pawnbroker is an individual or business (pawnshop or pawn shop) that offers cash to people, with items of personal property held as collateral. The items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral. While many items can be pawned, pawnshops typically accept jewelry, musical instruments, home audio equipment, computers, video game systems, televisions, cameras, power tools and other relatively valuable items as collateral. If an item is pawned for a loan (colloquially, "hocked"), within a certain contractual period of time the customer may claim that item for the amount of the loan plus some agreed-upon amount for markup. The amount of time, and any markup, is governed by law or by the pawnbroker's policies. If the item is not claimed (or extended, if applicable) within the time period, the pawned item will be offered for sale to other customers by the pawnbroker. Unlike other lenders, the pawnbroker does not report the defaulted loan on the customer's credit report, since the pawnbroker has physical possession of the item and may recoup the amount paid value through outright sale of the item. The pawnbroker also sells items that have been sold outright to them by customers. Some pawnshops are willing to trade items in their shop for items brought to them by customers

Quick Facts

  • Pawn Terms are 30 days

  • You can renew for an additional 30 days

  • No upfront cost of fees

  • Any Amount due paid on pick up

  • At the same location since 1982

  • We provide Cash on Luxury Goods(Purses, Watches...etc)

  • We never deal in Replica or counterfeit items

  • Only Pawn Shop in Calgary Licensed for Firearms

  • Family Owned & Operated

  • Pick up via Cash, Debit or EMT

  • Cash, EMT or Cheque within minutes

  • No wait period to pick up items

  • Free Parking(north side) beside the building

The Pawnshop symbol originated from the Crest of the Medicil Family in Europe.

Frequently Asked Questions

What do I need to Pawn an item?

The items need to be in good order. You are required to produce 2 Pieces of ID. the first being Government issued Photo ID. The second piece may be any uniquely numbered document with or without a picture.

Is a photocopy or picture of my ID acceptable?

No, Sorry it is not.

I'VE PAWNED THERE BEFORE, CAN I DO A PAWN WITHOUT ID?

No, You must provide Photo ID each time We receive a Pawn from You.

WILL YOU TAKE ANYTHING ON PAWN?

No, We do not take broken, abused or otherwise unsaleable items. We have no interest in items where the ownership is in question. We also no longer take Gas powered tools, older computers and tech.

I UNDERSTAND OTHER PAWN SHOPS WILL CALL ME WHEN MY PAWN IS DUE. WILL YOU CALL ME WHEN MY ITEM IS DUE?

No, We will never make embarrassing phone calls to You, Your home and family members or other personal contacts. Your privacy is paramount to us, and full discretion is assured. If You choose not to pick up Your item, You can be guaranteed You will not be bothered by us.

I HAVE LOST MY PAWN RECIEPT. CAN I GET MY INFORMATION BY CALLING YOU?

Unfortunately No. Due to privacy concerns, we will never give out your information to you or anyone calling claiming to be you.

HOW SOON CAN I PICK UP MY ITEM OR ITEMS AFTER I'VE PAWNED IT?

You can pick up Your Pawn anytime during regular Business hours. there is no mandatory waiting period.

I WANT TO BUY SOMETHING FROM THE PAWN SHOP. HOW DO I KNOW THAT I AM NOT BUYING STOLEN PROPERTY?

All individuals without exception must provide Government issued photo ID when bringing Us any item(s). All items are entered online and transmitted to both the Calgary Police Service and R.C.M.P. Both Law enforcement agencies will scrutinize both the items and individuals furnishing those items to our Pawn Shop. It would be a rare occurrence that We would have anything of questionable origin.

AM I OBLIGATED TO PICK MY ITEM UP?

No. You are not legally obligated to pick up your item. If You do not pick up Your item it will be placed out for sale after the due date. You will not be bothered by Us or our staff. It will not effect Your ability to Pawn with Us again in the future. We understand things happen.

I REALLY WANT MY ITEM. BUT DO NOT HAVE THE FULL AMOUNT DUE. WHAT CAN I DO? You can renew the terms of Your Pawn for an additional 30days by paying just the fee shown on Your receipt prior to the due date. This can also be done via EMT. Just remember to quote Your receipt number when renewing this way.

DO YOU HAVE PARKING CLOSE? Yes. We have 8 parking stall direct on the north side of the building. You can park as close as 5 meters from the front door.

I CAN'T OR DO NOT WANT TO PICK UP MY ITEM, WILL THIS AFFECT MY CREDIT?

Absolutely not. We do not report to any credit agency. If You do not pick up Your item by the specified date, it will be considered sold to Us. No further action will be needed by Yourself or Us.