The history of pawnbroking in New Zealand

Pawnbroking is one of the oldest businesses in the world, with a history that can be traced back to ancient China. In New Zealand, pawnbroking has a long and interesting history, dating back to the early 1800s.

Pawnbroking first arrived in New Zealand with the arrival of the British settlers in the early 1800s. The first pawnbroker in New Zealand was established in Wellington in 1841.

Pawnbroking quickly became popular among the settlers, as it provided a convenient and easy way to get access to cash. Pawnbrokers would lend money against the value of items such as jewellery, watches and firearms.

The popularity of pawnbroking continued into the 20th century. During the Great Depression, pawnbroking became a lifeline for many families who were struggling to make ends meet.

Pawnbroking continued to grow in popularity after World War II, as it became increasingly common for people to use pawnbrokers to get access to quick cash.

Today, pawnbroking is still a popular way for people to get access to cash, with pawnbrokers now offering loans against a wide range of items including electronics, musical instruments and even vehicles.

If you’re ever in need of quick cash, then a pawnbroker may be the perfect solution for you.