History of Pawn Shops & Pawnbrokers

Princes, Paupers, Popes and Kings: Pawnbroking dates back thousands of years as mankind’s oldest financial institution.

Princes, paupers, popes and kings borrowed money based on collateral, long before sophisticated banking systems existed. Historical source documents trace pawn loans to early Mesopotamia, ancient China as well as early Greek and Roman civilizations. Christopher Columbus’ voyage to the New World is reported to have been funded by Queen Isabella’s pawned, royal jewels.


More Information About Today’s Pawnshop Industry:

Pawn Shop Today


At Best Collateral, we value our customers. Enroll in our Customer Rewards Program, and start putting money back in your pocket.

Customer Rewards Program

I like how I can spend my points on games and movies for my XBox360 that I can't afford in the store. I also like how you do the points. Thank you so much.

img Cacelya J.
Pawn News