Pawn Shop Symbol Origin

Pawn shop symbol origin

Pawn shop symbol origin. It is still used by pawnbrokers all around the world today. A pawnbroker is an individual or business that loans people money and uses personal items as a pledge to repay the loan. There are differing theories proposing how these three spheres came to represent pawn shops and pawnbroking. A rather strange symbol to be honest and even though it s clear that it resembles wealth have you ever wondered about its true origins.

As mentioned earlier on ancient pages the medici family were sort of renaissance godfathers. The traditional symbol for pawn shops is three gold balls suspended from a bar. The symbol for pawnbroking is three gold spheres suspended from a bar. At best collateral we do not use this symbol.

A third theory links the symbol to saint nicholas of myra the patron saint of pawnbrokers. The coin called the silver shekel or shekel of israel was issued after a jewish revolt against the romans. There is a variety of lore associated with the origins and meaning of the symbol. The pawnbrokers symbol is three spheres suspended from a bar.

The history of pawn can be traced back thousands of years. Pawn shop banking originated under the name of lombard banking and many european towns called the pawn shop the lombard. 68 during the roman empire. Whatever the exact origin the symbol has staying power.

We strive to innovate the pawn shopping experience and we hope you ll visit us to see how exciting. Pawn shops today are evolving businesses. The pawnbroker symbol the three golden balls has been in use since the medieval times and it is still being used by pawnshop all over the world. If the loan is not repaid the pawnbroker will sell the property.

If you have visited or passed a pawn shop you may have noticed the three golden balls suspended from a bar. The pawnbroker symbol has been in use at least since the medieval period in europe. These three spheres are the pawnbrokers symbol and their history can be traced to the powerful medici family. Another lesser known possible origin is a coin dating to a d.

The word pawn is derived from the latin word pignus for pledge or pawn. The coin had an illustration of three pomegranates sharing one stalk. The three sphere symbol may be indirectly attributed to the medici family of florence italy owing to its symbolic meaning in heraldry. More ancient history facts.

According to legend. The universal symbol for pawn shops is three balls suspended from a curved bar. While some pawn shops retain the three gold coins may shops no longer feel the need to incorporate this symbol into their logos.