Duncan Suzuki

Widgetized Section

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

Pawnshop owners expecting little change after new law

By SHANNON WATKINS

shannon@southwesttimes.com

 

Current Virginia law states that pawnshops must see a government-issued identification from sellers, and give the police a daily report of each seller’s name, address and other information from their ID card.

A new law passed by Virginia state legislature states that in addition to these measures, the ID must have a photo of the seller, and pawnbrokers must keep a digital image of the seller’s ID.

Also, pawnbrokers will not be allowed to receive or resell goods that have had their original serial numbers altered or changed. Violating this law, which goes into affect on July 1, will be considered a Class 4 misdemeanor and punishable by up to a $250 fine.

Pawnbrokers in Pulaski County, however, aren’t too concerned about the new law.

Ron Frank Jr., owner of Pulaski Pawn and Firearms, said, “It’s a great thing. Anything we can do to get rid of the stolen stuff just makes things better for all of us. I don’t think it’ll affect us in any way. We work with the cops anyway. There’s really no change.”

“I don’t know. I mean, I haven’t really had time to think about it, to be honest,” said Sherry Ramey, owner of Dublin Pawn and Firearms, about the new law, though she went on to echo Frank’s sentiment by adding, “I mean, we’ve pretty much been doing everything all the way around anyway, giving reports to the police every day.”

Jeremiah Gardner, owner of Gardner’s Pawn and Antiques in Pulaski, said, “I think it’s a good idea. I don’t think it’ll affect us in any way.”

He noted that in addition to current measures, “all we’ll be doing is keeping a photo of the ID. It’ll cost me a little more in ink, but that’s about it.”

 

 

 

 

Comments

comments

5 Responses to Pawnshop owners expecting little change after new law

  1. gjpopper

    April 22, 2013 at 6:12 pm

    Goverment should regulate when they buy something they want you to give it to em’.When they sell it they want to make a %1000 profIT.Making an honest profit is ok,knowing you can gouge someone in a bind is another.

  2. pawnbroker

    June 26, 2013 at 10:14 am

    “GJPOPPER” Why dont you open up your own pawn shop and see how things work.. its none of your buisness how much a shop makes and noone is forcing you to buy anything.. another waste of breath in a human being!!

  3. Abby

    June 28, 2013 at 4:54 pm

    Good Lord GJPOPPER…
    With all the problems
    Pulaski has I can’t believe someone would slam a legal, taxpaying business. It’s not like you have alot of tax revenus coming in from retailers. You don’t like the Pawn shops, then don’t shop there.
    I believe there is still a Magic Mart you could shop at instead. Pawn shops offer a service to people in need. No one is forced to go there, its a personal choice. I have shopped pawn shops and have always enjoyed the variety of items offered.
    I have also seen people picking up items they pawned. Pawn shops offer quick cash to someone that can’t wait for the Trading Post or a yard sale.

  4. anonymous

    June 29, 2013 at 4:05 pm

    Pawnbroker is correct no one is forcing anyone to buy anything .The problem is people being forced to sell their belongings for a little bit of nothing . I know they don’t have to sell but it sometimes necessary to put food on the table or to pay the light bill . Pawn shops like tile loans , Aarons ,Check cashing places prey on poor people .I would advise selling your items on craigslist and cut out the pawn shops.

  5. Terry

    June 30, 2013 at 8:48 pm

    Here in Boston the same rules apply. Why would you want some pawn item with no serial numbers
    Bostonpawnshop.net.

You must be logged in to post a comment Login