Sam’s Pawnbrokers to Close

by Borderstan.com January 24, 2012 at 7:31 pm 1,021 4 Comments

Sam's Pawnbrokers, 14th Street NW

Another one bites the dust: Sam’s Pawnbrokers at 1508 14th Street NW. (Luis Gomez Photos)

From Michelle Lancaster. Follow her and tell her your news on Twitter @MichLancaster or email her at [email protected].

While Sam’s Pawnbrokers on 14th Street NW may not get the elongated elegy that Melody Records did, it is nonetheless the closing of another area stalwart. Washington City Paper indicates that it will remain open until May, but that ‘FOR SALE’ signs have already appeared on the store. (If you bothered to look up while walking down 14th, you’d have seen the sign already.)

Sam’s has been there for 40-plus years at 1508 14th Street NW. While the owner has been patiently waiting for the biggest payoff, I wonder if this is a rare win for a small owner — gentrification pushed up the value, while tech advances like eBay predicted a depressed future market for wares… maybe he got out while the getting was good?

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