Planet Pawn Grain Valley, MO
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Planet Pawn
IF YOU WANT TO PAWN OR SELL YOU WILL NEED...

SUITABLE GOODS OF VALUE
As with a bank, pawnbrokers need collateral for a loan. You must pledge an item of value for a
loan. The value of the loan is based on the RESALE, SECONDHAND VALUE of the item, NOT the
new price, which is where most pawnbrokers have problems. There are some item which cost a
great deal of money new but, as a specialized item, they are extremely difficult to sell and so attract
a low value. There are also very popular items that attract a high price, so the loan you get is much
closer to the new price.


Photo ID  Required


Have an idea of how much money you want or need.

The goods you offer must be owned by you and free of debt. ABSOLUTELY NO....
 Consumer mortgage.
 Hire purchase.
 Rental or rent to buy.
 12 months interest free.
 Mobile phone contracts.
 Any other encumbrance.

These goods are
not yours and it is a criminal offense to pawn or sell them.

If you do sell any encumbered or stolen good to a pawnbroker not only will you be charged with
fraudulent conversion or dealing in stolen goods but the pawnbroker will have you charged for
falsely representing the goods as yours. The law can also apply a penalty of up to $10,000 for
using false ID or making false statements to a dealer.  We actively cooperate with the police. No
self-respecting pawnbroker will jeopardize his reputation or his business by knowingly dealing in
stolen goods.

We are obliged by law to hold all Second Hand goods for 10 days before we can do anything with
them. This should give the authorities time to check our register with their DATABASE of stolen
goods.
Use this form to contact us to get more information about our company, products, or services.
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