Merry Christmas!

The Crew at Capital Pawn wishes you a very Merry Christmas! Several years ago, just before Christmas, we sold a Lego set to an incredible family. They returned after Christmas with the Lego set built into something amazing; the kids showed it off and we talked about how creativity is spurred by something as simple […]

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How Pawnshops Work

A pawn is a collateral loan. Pawnbrokers lend money on items of value ranging from gold and diamond jewelry to musical instruments, televisions, electronics, tools and equipment, firearms, handbags, and more. The amount of the loan is based on the value of the collateral. Pawn loans are small-dollar safety net loans. Pawn customers tend to […]

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Capital Pawn’s History

Adam and Beth both worked in service industries before starting Capital Pawn in Salem in 2011. Beth taught at the college level for 16 years while Adam started in construction before moving to the mortgage world. As 2010 came to a close, Adam realized that, though he loved helping people finance their homes and make […]

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FREE Authentication Event!

Have your luxury handbag authenticated for FREE! On December 12, 2020 in celebration with National Pawnbroker Day, we are offering to authenticate your handbag for free. This service is normally just $40. Capital Pawn uses a handheld device called Entrupy to take microscopic photos of the bag for authentication. You will have an answer to […]

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Facts about Pawnbroking

Nationwide, there are approximately 10,000 pawn stores, most of which are family-owned small businesses. They employ around 35,000 individuals and contribute about $3 Billion to the US economy. Independent pawnbrokers comply with local, state, and federal regulations and laws, and in most jurisdictions, provide local law enforcement with data on all transactions on a daily […]

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National Pawnbroker Day

Pawnbrokers have provided cash loans in exchange for valuable items for thousands of years. Each year on December 6, National Pawnbroker Day pays tribute to a centuries-old profession that provides a valuable service to their clientele. Whether they’re in need of short-term lending or a great deal on an item to purchase, millions of customers […]

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