Monday, December 29, 2008

Daryle Lambert: One Sure Place to Get Cash for Paintings and Antiques

Thanks to Flicker

Each day I try to think of ways that will increase chances for the members of the 31 Club to find the success that they desire while having fun at the same time. This might seem to be an easy task but believe me it takes quite some time to do this even when the answers are often right under my nose. Yesterday I read an article in the Chicago Tribune about pawn shops and a man who was refused a new location because of the negative image associated with pawn shops. He explained how the shops are now regulated by the states and how each day he has to send the local police a list of the business he has conducted and who he did the business with. Here is where we come in.

Just last week I was trying very hard to come up with the right gift for a young man whom I consider my son, that I have had the privilege of mentoring for well over ten years. On eBay I located some special awards that had been given to his favorite music group and I thought they would be the perfect gift for him. Really, I haven't lost my mind – these items were located at a pawn shop. This new awareness, along with the article helped me realize another avenue for us to pursue in our hunt for treasure. Pawn shops could be virtual gold mines for us in our search for treasure.

Today, I did a little research and guess what these shops carry: jewelry, guitars and other musical instruments, paintings, collectibles (one shop had a huge collection of Lladros) and other valuable antique items. These shops aren't necessarily interested in the values that these items have on the open market but are mostly interested in a return on their investment. Where am I going with this, you're asking? How many pawn shops have you visited in the last six months? I would think the answer would be few or none - but why not?

Here is my suggestion to you: make a list of all the pawn shops within 50 miles of where you live and either visit them or send them a letter. Tell the owners what you are looking to buy and this may serve to benefit both you and the owner because now they will have a new avenue of disposing of items on your list that they take in on pawn. After the initial contact, be sure to check back with them at least monthly so that your name will stay at the top of their list of people to contact. It will also serve you well if you hear of someone needing to pawn an item that you can send them to one of the shops on your list and have them tell the owner that you sent them. Never miss a chance to make a friend because this is where the best of this business is achieved.

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1 comment:

  1. That's a great idea, and one I wouldn't have come up with on my own---even though I saw musical instruments in pawn shops as an urban child, and even though I've sold musical instruments on eBay for substantial profit.