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Welcome to Alexander's Jewelry & Loan! Alexander's Jewelry & Loan has been the premier pawnshop in all of Round Lake Beach, Illinois. Founded in 1929, Alexander's Jewelry & Loan has been buying, selling, and pawing pre-owned and new items. We guarantee to offer you the best price and deal no matter what you are looking to buy or sell. We even will pay you cash on the spot for your pre-owned items. Come visit us at our convenient location in Round Lake Beach located at the corner of Division and Orleans.
At Alexander's Jewelry & Loan we buy, sell, and pawn a wide variety of merchandise such as: Gold & Silver (Broken & Scrap) Diamonds Antiques Gold Coins Flat Screen Televisions Cameras Computers and Mobile Devices DVD & Blu-Ray Players Video Games Musical Instruments Cars & Trucks Recreation Vehicle Video Video
History of Pawning
Pawn lending is not a new business. In fact, some reports trace pawn loans back at least 3,000 years to ancient China, as well as Greek and Roman civilizations. Pawning has long been a source of capital for people, as well as a way to finance business ventures. According to the National Pawnbrokers Association, even Queen Isabella of Spain pawned her royal jewels to finance Christopher Columbus' voyage to the New World. And during the Middle Ages, certain usury laws imposed by the Church prohibited interest from being charged on loans, thereby limiting pawnbroking to people outside of the Church. Out of necessity pawnshops became popular again.
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