Posh Pawn. Ch4 9pm.

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Discussion

andymc

7,357 posts

208 months

Sunday 4th May 2014
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Rutter said:
Laurel Green said:
Anyone watch it this week?

An ex cat burglar(now reformed, honest) with some old family jewels. A super-bike manager wanting to raise monies on one of the bikes. Banknotes galore and, a nice touch at the end. All-in-all not a bad show!
I didn't like how smug the cat burglar was when referring to the stolen jewelry he was pawning, "you should see some of the other ones I've nicked in my time".
cat burglar? no you're a thief no better than a smack head burglar

burwoodman

18,709 posts

247 months

Sunday 4th May 2014
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Stolen gear surely. Like most stuff that guy handles

TVR1

5,463 posts

226 months

Sunday 4th May 2014
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burwoodman said:
Stolen gear surely. Like most stuff that guy handles
Having known one of the people in that company since I was 17, so going on 28 years, I can assure you that isn't the case. However, if you still insist he mostly handles stolen goods, I'd be delighted to pass your comment on. If you wish for a 'Custard Test' please feel free to PM me.

MysteryLemon

4,968 posts

192 months

Monday 5th May 2014
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Did make me laugh them giving that lady back her jewellery and writing the debt off..

She'll probs be pawning them off somewhere else and claim the same old sob story to them when she can't pay back the debt.

monthefish

20,443 posts

232 months

Monday 5th May 2014
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g4ry13 said:
So the guy with the stones was told retail they're worth £30k and took a £5k loan confused Maybe he really will pay the money back, but in case he is unable to he should take as much as possible for them.
But presumably the interest will vary against different amounts taken, so if the %age of the loan value to item worth value is low (i.e. a £5k loan on a £30k item), then you're treated to a lower rate of interest (as there is less risk for the shop if the person defaults on the loan)

g4ry13

16,998 posts

256 months

Monday 5th May 2014
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I think I spotted a Yellow Ferrari F40 in their garage. I couldn't see all of the car, but saw the rear quarter with the spoiler and it looked like an F40. It was at the end of the programme.

Speedy1995

189 posts

142 months

Monday 5th May 2014
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I don't see how someone could sell a family airloom to buy something so insignificant like a music start up or stable. Unless I was selling it to pay a ronsom for a family member I wouldn't sell it I just find it hugely disrespectful

Piersman2

6,598 posts

200 months

Monday 5th May 2014
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monthefish said:
But presumably the interest will vary against different amounts taken, so if the %age of the loan value to item worth value is low (i.e. a £5k loan on a £30k item), then you're treated to a lower rate of interest (as there is less risk for the shop if the person defaults on the loan)
I was equally confused why the guy took only £5k so did some googling on how pawning actually works.

The good are there as guarantees, not to exchange if it goes tits up. So if you default on the payments, the goods are sold and then any difference in loan vs sale price is owed, either way.

So if the pawn shop gets more for the goods than your loan they pay the difference to you, if they can't cover the value of the loan, you still owe them the difference.

I was surprised at this I will admit! smile It wasn't how I thought it worked.

Miocene

1,339 posts

158 months

Monday 5th May 2014
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g4ry13 said:
I think I spotted a Yellow Ferrari F40 in their garage. I couldn't see all of the car, but saw the rear quarter with the spoiler and it looked like an F40. It was at the end of the programme.
I didn't see that, but there was definitely a green Noble M12 in one episode

g4ry13

16,998 posts

256 months

Monday 5th May 2014
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Miocene said:
g4ry13 said:
I think I spotted a Yellow Ferrari F40 in their garage. I couldn't see all of the car, but saw the rear quarter with the spoiler and it looked like an F40. It was at the end of the programme.
I didn't see that, but there was definitely a green Noble M12 in one episode
Maybe I will try and take a picture of it. It's a bit of work but shouldn't be too difficult - i'll get it up for tomorrow.

droopsnoot

11,958 posts

243 months

Tuesday 6th May 2014
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g4ry13 said:
I also found it a little ironic the financial adviser going to a pawn shop due to being exposed to some clients not paying on time.
I wondered how good an adviser he is if he thinks that banknote collection is worth ten times what the specialist valued it at. Might make you wonder whether his judgment is a bit off. Might not, of course, he might just have an attachment to the collection if he's been building it for a time.

Daughter seemed to strop off as soon as he said how they'd been valued. Not sure what that was all about.

g4ry13

16,998 posts

256 months

Tuesday 6th May 2014
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droopsnoot said:
g4ry13 said:
I also found it a little ironic the financial adviser going to a pawn shop due to being exposed to some clients not paying on time.
I wondered how good an adviser he is if he thinks that banknote collection is worth ten times what the specialist valued it at. Might make you wonder whether his judgment is a bit off. Might not, of course, he might just have an attachment to the collection if he's been building it for a time.

Daughter seemed to strop off as soon as he said how they'd been valued. Not sure what that was all about.
Banknotes can be hard to value and he certainly doesn't have the expertise. Obvious things like earlier editions of notes are more valuable, but then you have gradings and all the other things that go along with valuing banknotes. I think he just figured as it was an extensive collection it was worth a lot and he's a little biased as it's his collection. I thought it was a bit weird the girl getting up but I just figured it was a case of her leaving the grown ups to talk about things rather than be around the money talk.

Ok....it took a bit of work but I got a picture (not a great one as it's from the TV.) That yellow car - F40? The bonnet hole seems to match that of an F40. Or maybe a Venturi? Looks too square for an Esprit.


TVR1

5,463 posts

226 months

Tuesday 6th May 2014
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g4ry13 said:
I think I spotted a Yellow Ferrari F40 in their garage. I couldn't see all of the car, but saw the rear quarter with the spoiler and it looked like an F40. It was at the end of the programme.
Giallo Fly F40 is correct. Even without confirming it with a 'phonecall, the spoiler does give it away. But having had a chat, the car may be up for sale soon too.

burwoodman

18,709 posts

247 months

Wednesday 7th May 2014
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TVR1 said:
burwoodman said:
Stolen gear surely. Like most stuff that guy handles
Having known one of the people in that company since I was 17, so going on 28 years, I can assure you that isn't the case. However, if you still insist he mostly handles stolen goods, I'd be delighted to pass your comment on. If you wish for a 'Custard Test' please feel free to PM me.
The statute of limitations makes these dubious goods legal.pass on whatever you want.

TVR1

5,463 posts

226 months

Wednesday 7th May 2014
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burwoodman said:
The statute of limitations makes these dubious goods legal.pass on whatever you want.
What statute of limitations exactly? Do tell.

burwoodman

18,709 posts

247 months

Wednesday 7th May 2014
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TVR1 said:
burwoodman said:
The statute of limitations makes these dubious goods legal.pass on whatever you want.
What statute of limitations exactly? Do tell.
even knowingly stolen property is legally able to be peddled after 30 years. ergo these thieves coming out now and flogging it. dont you realise the cat burglar is giving the middle finger to the law. where did he get it from. err he stole it or fenced it. pawn chap is legally able to sell it.

remember the gambler who had a nice win and 'purchased' a 5 carat almost perfect stone for his wife. lol, nice win on the nags or a criminal . all about 30 years ago.strange that.

andymc

7,357 posts

208 months

Wednesday 7th May 2014
quotequote all
burwoodman said:
TVR1 said:
burwoodman said:
The statute of limitations makes these dubious goods legal.pass on whatever you want.
What statute of limitations exactly? Do tell.
even knowingly stolen property is legally able to be peddled after 30 years. ergo these thieves coming out now and flogging it. dont you realise the cat burglar is giving the middle finger to the law. where did he get it from. err he stole it or fenced it. pawn chap is legally able to sell it.

remember the gambler who had a nice win and 'purchased' a 5 carat almost perfect stone for his wife. lol, nice win on the nags or a criminal . all about 30 years ago.strange that.
is statute of limitations not an American thing?

burwoodman

18,709 posts

247 months

Thursday 8th May 2014
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andymc said:
is statute of limitations not an American thing?
The UK has it's own Statute. My personal views are that the law needs review. The recent case of Hitlers Arm dealers son having been raided by the tax authorities in 2010, was found to have almosr 1 billion quid in plundered art. The owners families will struggle to get it back due to the law.

Laurel Green

30,780 posts

233 months

Thursday 8th May 2014
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Heads up.

FourWheelDrift

88,546 posts

285 months

Thursday 8th May 2014
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Laurel Green said:
Heads up.
Camel Toe.




Steady.