Sunday, February 23, 2025

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.
President Claudia Sheinbaum at her Friday mañanera, where she discussed El Mayo Zambada's repatriation request

El Mayo Zambada demands repatriation to Mexico: Friday’s mañanera recapped

5
President Sheinbaum also discussed Mexico's goals in the fight against organized crime, in light of recent high-profile arrests.
President Claudia Sheinbaum stands at a table in the national palace press briefing room holding open a portfolio with a sheet of paper on each side that contains the text of proposed reforms to the Mexican constitution.

A reform to protect Mexico’s sovereignty: Thursday’s mañanera recapped

5
At her Thursday press conference, President Sheinbaum announced she'll submit to Congress a constitutional reform proposal aimed at protecting Mexico from foreign interference.
Two photos, one of Mexican President Claudia Sheinbaum and another of U.S. President Donald Trump, who said Sheinbaum inspired his new anti-drug campaign

Trump thanks Sheinbaum for inspiring launch of major US anti-drug campaign

39
Calling Sheinbaum a "very wonderful woman," Trump promised to spend "hundreds of millions of dollars" on anti-drug efforts in the U.S.