Gold prices are up, don't trust your valuable Gold to just anyone.

We Want Your Gold!

We Will Pay More!
We Want To BUY Your GOLD!!!

It's Easy...Call Now: 865-882-7188

Even if its Broken or old. We also loan on your gold if you would want to keep it!

Thank you for visiting Mid South Pawn. We want to be your one stop pawn shop. We are here to assist you with quick, private & confidential service. We offer cash loans on your valuables. We also purchase your valuable merchandise outright if you would rather just sell it.

Our loans are based on your collateral, the value of your stuff, not your credit. There is no application or approval process, we have instant answers to your cash needs. Need more money, bring more, better stuff! You have no credit limit here!

In addition to loans and buying your stuff, We offer great deals on quality pre owned merchandise. Our inventory is always changing and includes a wide variety of Jewelry, diamonds, guns, tools, electronics and a lot more all at prices that are way better than buying new. From guns to guitar strings, we have it!

Call Now: 865-882-7188

Its worth what you can get for it

April 12th, 2011. Filed Under: Uncategorized. Tags:

Beauty is truly in the eye of the beholder. Value is not, at least that goes for market value. One mans treasure is another mans trash. You determine what is valuable to you. The only thing that determines value to others is the market. Markets are a funny thing. Valuables are only worth what someone will pay at a certain time. Economics 101, supply and demand. There are more sellers than buyers for most average merchandise, therefore the value of most average merchandise is low. Value is distorted by “appraisals” and “insurance replacement values”.  Things are only worth what someone will pay. What someone says its worth is irrelevant. It is worth what someone is willing to pay. Accurate value can only be determined by comparing an item to actual market transactions, what others like it have sold for recently. If it is not selling, or there is not a market for it, it is not worth much. Scarcity determines value. If everyone has one of something, the value goes down. A good example of this is DVD players. When dvds first hit the market, they were very expensive. Players were too. Everyone wanted one because it was the next new thing, they were relatively scarce for a while. Now they are everywhere and  blu ray is the next big thing. Dvd values are not what they once were. The more rare an item is, the more likely it is to be valuable. We evaluate your stuff by these principles. We actually participate in the market. Anyone can tell you what they think your stuff is worth. At Mid-South Pawn we put our money where our mouth is. Bring your valuables in and let us make you a cash offer. It is worth what someone will pay for it. Come on in and let us show you what we can do. We back it up with cash.

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