Wednesday, January 14, 2026

These are good times for Mexico’s venerable pawnbrokers

Every cloud has a silver living: that’s a modestly comforting expression to add a little good cheer to every difficult situation in practically every culture on Earth.

In Mexico the expression is “Es un mal viento que no sopla bien” (It’s an ill wind that blows no good). The pandemic, a struggling economy and the northbound crossing of the country by scores of impoverished refugees have added up to ample good cheer for a venerable profession in almost every town in Mexico.

Pawnbrokers.

Casas de empeño.

And you.

Every town in Mexico of a certain size has seen an explosion of pawnbrokers, usually clustered together, often in a single block. Have a look, next time you are at home or in an unfamiliar town. I’ve seen clusters from Matamoros on Mexico’s northern border to Comitán to the south. But don’t look for the three balls you may be familiar with elsewhere. Their origin is debatable, but not Mexican.

Medici? Norse gods? Las Vegas?

Although they’ve been given new breath by a popular TV show in the U.S., most of us, excepting inveterate and unlucky casino-goers, have probably never been in a pawnshop, but maybe now’s the time — on the buy side, not necessarily the pawn side.

Forget the pawn side, remember that Shakespeare’s Shylock is synonymous ( erroneously) with pawnbroker, but on the other side: I am writing this on a nifty 19″ monitor acquired just across the border in Comitán, at a pawnshop, at a fraction of comparable retail.

As times have advanced since Shakespeare’s day, pawnable items have keep pace. It’s no wonder that the swords, jewelry and mantles of the 16th century have given way to watches, cell phones, TVs, household appliances, computers and, in my case, a 19″ Taiwanese monitor.

So the next time you’ve out and about, remember the verb, empeñar. Get to know your local prestamista: maybe he’ll turn up some old musical instruments or furniture or some sports gear.

Carlisle Johnson writes from his home in Guatemala.

Have something to say? Paid Subscribers get all access to make & read comments.
Leader of México Republicano Juan Iván Peña Nader poses for a photo with Matt Schlapp at last year's CPAC.

Mexican right-wing group to host CPAC summit targeting US support

0
Mexico’s political right is gearing up for the Conservative Political Action Conference (CPAC) in February, where fledgling parties hope to garner more support from the United States.

Trump says he doesn’t care about USMCA; Sheinbaum says US businesses do

0
Ahead of the review of the USMCA free trade pact, U.S. President Donald Trump asserted on Tuesday that the trilateral agreement provides "no real advantage" to the United States and is "irrelevant" to him.
Sheinbaum on Jan. 13, 2025

US ambassador wins Sheinbaum’s praise: Tuesday’s mañanera recapped

0
At her morning press conference on Tuesday, President Sheinbaum acknowledged the role the United States' ambassador to Mexico played in ensuring the call was a success.
BETA Version - Powered by Perplexity