H Schoenberg

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H. Schoenberg has been your local pawn broker serving Hudson and surrounding counties since 1885. We buy and sell Gold, Diamond Jewelry. The History of Pawn broking Pawnshop Balls As mankind's oldest financial institution, pawn broking carries on a tradition with a rich history. Pawn broking can be traced back at least 3,000 years to ancient China, and has been found in the earliest written histories of Greek and Roman civilizations. During the Middle Ages, certain usury laws imposed by the Church prohibited the charging of interest on loans, thus limiting pawn broking to people who had religious beliefs outside of the Church. Out of economic necessity, and because of problems with the banking system, pawnshops made resurgence in later years. The House of Lombard operated pawnshops throughout Europe. Legend contends that they even counted royalty, such as King Edward III of England, among their clientele during the 14th century. The symbol of the Lombards' operations was the three gold balls that still remain the trademark. Pawning has long been a source of capital for people in times of need, as well as a means of financing business ventures