NATIONAL PAWNBROKERS DAYEach year on December 6, people all across the United States acknowledge National Pawnbrokers Day. This holiday was created as a day to pay tribute to a profession that provides a valuable service to their clientele of those in need of cash funds and also those looking for a reasonably good deal.

The word pawn is derived from the Latin word pignus, for pledge.

The history of pawnbroking begins thousands of years ago in the west in Ancient Greek and Roman Empires and in the East over 3000 years ago in China.

Five years ago, the National Pawnbrokers Association began a wonderful program on National Pawnbrokers Day called Musical Instrument Gift Day. Pawnbrokers across the country make generous donations of musical instruments to organizations in need. December 6, 2012, they worked with The Mr. Holland’s Opus Foundation and collected instruments for a high school in Mississippi. For more information,


National Pawnbrokers Day, an “unofficial” national holiday is celebrated on International St. Nicolas Day, the patron saint for PawnBrokers.

Despite the fact many people in our society judge pawnbrokers as sleezy interest rates @ the average pawnshop in the United States is 1/2 the rate of Pay Day Loan companies nationwide many that our owned by BIG BANKS.!!!!! When a Big Bank charges 590% it is called interest when an individual charges that time of interest he is called a “Loan Shark”. Who do you trust a small businessman running a pawnshop or a damn bank.