Comic Book Pawn Shop?

[G.A.tor]

I've done this same thing many times.

[MustEatBrains]

Dunno about that one. It's business and nobody's business but his and his clients.

 

They are in The Vault. Nobody accesses The Vault.

 

That's what she said....

 

[comicalgems]

Most of the LCS owners I know already do this if they are dealing with a regular customer.

 

However I've also thought about doing this as an online service. It seems like a win-win really. I have experience as a pawn broker.

 

Obviously avoid anything that's hot because of hype and try to stick to blue chips when lending.

[shadroch]

We need to form a Guild, so as not to undercut each other and thus ensure our clients are treated with the dignity they deserve.

[comicalgems]

We need to form a Guild, so as not to undercut each other and thus ensure our clients are treated with the dignity they deserve.

 

I concur, lets!

[shadroch]

We need a logo, and another secret handshake

 

[oldbsturgeon]

If only there were just some sort of society where collectors could go to get this kind of help...

[shadroch]

Step up. The water is fine.

[Mystafo]

I actually own a pawn shop here in Lafayette, LA....we've pawned comics on several occasions. Nothing too huge mind you, a few BA Batman & ASM keys as well as some lower grade SA Thor & FF runs.

[Mystafo]

I think he gave more than the books were worth thinking the person needed the money with the person apparently never intending on getting them back.

 

Ah, welcome to the world of pawnbroking...

[ThothAmon]

We need to form a Guild, so as not to undercut each other and thus ensure our clients are treated with the dignity they deserve.

And we will call ourselves ... lawyers.

[HighRadArt]

We need to form a Guild, so as not to undercut each other and thus ensure our clients are treated with the dignity they deserve.

And we will call ourselves ... lawyers.

 

I thought the idea is to attract customers?

[comicalgems]

We need a logo, and another secret handshake

 

Yes because we wouldn't want these activities confused with our non-guild activities.

 

I already own a domain that should be perfect for this.

[arrakis122]

Not to be self promotional, but I do this. The business name is Rare Asset Finance (rarefin.com, @comicloans on twitter), we are based out of Montana (also have a NY office), the business is fully licensed and insured, and all items are stored in secure off site vaults during the transaction. Our rates are about 1/3 of pawn shops. We have worked with quite a few collectors over the years all over the country. Feel free to comment/message me if you have any questions.

[arrakis122]

To the best of my knowledge, this is accurate with a caveat: you need to check with the state/municipality you live in and comply with any of their requirements. For example, in my state, you need to apply for a pawnbroker's license through the state to conduct these types of transactions and get your license renewed annually thereafter. I'm sure it is different in every state, but I would recommend any one call their Secretary of State's office to get details before doing a transaction.

[PBK78]

It's not a bad idea but unless it's an emergency people shouldn't buy stuff they can't afford. I'd personally LOVE to drop money on a decent copy of hulk 181 but can't justify comics of any sort until bills and kids are taken care of.

[Junkdrawer]

It's not a bad idea but unless it's an emergency people shouldn't buy stuff they can't afford. I'd personally LOVE to drop money on a decent copy of hulk 181 but can't justify comics of any sort until bills and kids are taken care of.

[PBK78]

It's not a bad idea but unless it's an emergency people shouldn't buy stuff they can't afford. I'd personally LOVE to drop money on a decent copy of hulk 181 but can't justify comics of any sort until bills and kids are taken care of.

 

Agreed