Where Did The Pawn Shop Symbol Come From

Where did the pawn shop symbol come from

Where did the pawn shop symbol come from. According to legend he gave a bag of gold to three poor girls to save them from destitution and these three bags of gold became the three orbs of the symbol. The symbolic meaning is said to be drawn from lombard which comes from the italian province lombardy. The suffolk jewelers pawnbrokers logo features the traditional symbol of the pawnbroker which is three spheres suspended from a bar. As legend has it this symbol traces back to the medici family a prominent family in florence italy in the 15th century that was known for loaning and banking.

The practice also was recorded in ancient greece and throughout the roman empire. The symbol has been used since medieval times and is still used by pawnbrokers all around the world today. The universal symbol for pawn shops is three balls suspended from a curved bar. Pawn shop banking originated under the name of lombard banking and many european towns called the pawn shop the lombard.

In fact the bankers that were located in this region were so successful that pawnbroking model was later named lombard banking. It is still used by pawnbrokers all around the world today. The symbol of a pawn shop in hong kong is a bat holding a coin chinese. A third theory links the symbol to saint nicholas of myra the patron saint of pawnbrokers.

There is a variety of lore associated with the origins and meaning of the symbol. The pawnbroker symbol has been in use at least since the medieval period in europe. One of the most common stories about the origins of the pawnbrokers symbol traces back to the medici family of florence italy. Legend has it that because lombard merchants were hanging golden spheres representing golden coins outside their homes to attract attention pawnbroking ended up using the three golden spheres as its symbol.

Pawnbroking first started in ancient china by buddhist monks over 3 000 years ago to give loans to peasants and small businesses. The symbol for pawnbroking is three gold spheres suspended from a bar. In japan the usual symbol for a pawn shop is a circled number seven 7 because shichi the japanese word for seven sounds similar to the word for pawn 質. The three golden balls were originally the symbol of the medici family of florence who were the owners of many pawnshops in italy during the middle ages.

If you re wondering what does the pawnbroker symbol mean you ve come to the right place. While this has come to be a well known symbol for pawn shops the origins of the symbol aren t so clear. The history of the pawn symbol. There are differing theories proposing how these three spheres came to represent pawn shops and pawnbroking.

Fūk syú diu gām chín. However a couple of theories explain how the symbol was appropriated. The bat signifies fortune and the coin signifies benefits. Some pawnbrokers operated independently but over time most pawn loans were made through pawn shops.