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Dec. 6, 1996, marked the first annual National Pawnbrokers Appreciation Day. The chosen date of Dec. 6 was no accident - it's also St. Nicholas' day, the patron saint of pawn broking.

A pawnbroker accepted Queen of Spain, Isabella of Castille's royal jewels as collateral to finance Christopher Columbus' expedition ships, the Nina, the Pinta, and the Santa Maria for their voyage to

During the Middle Ages, certain usury laws imposed by the Church prohibited the charging of interest on loans, thus limiting pawnbroking to people who had religious beliefs outside of the Church. Out

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