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  1. #1
    Join Date
    Jul 2012
    Location
    Upland, California, United States
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    2

    Default Pawn Shop Liability for Lost Item

    My question involves a consumer law issue in the State of: California
    I was recently burglarized and have located my property (a diamond ring worth $8,500+) in a pawn shop. They had it 6 days when I found it. I visited the pawn shop with the police and the pawn shop showed records of their purchase from the thief. They agreed to return it to me (for $ of course because somehow they can sell stolden property). Here's the problem, the pawn shop claims they can't find the ring now. What's their liability and how do I recover?

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    75,483

    Default Re: Pawn Shop Liability for Lost Item

    Do you have insurance coverage for the ring? If so, the best (and almost certainly the easiest) approach may be to have your insurance company contact the pawn shop's insurance company and let them work it out.

  3. #3
    Join Date
    Jul 2012
    Location
    Upland, California, United States
    Posts
    2

    Default Re: Pawn Shop Liability for Lost Item

    Quote Quoting Mr. Knowitall
    View Post
    Do you have insurance coverage for the ring? If so, the best (and almost certainly the easiest) approach may be to have your insurance company contact the pawn shop's insurance company and let them work it out.
    Not even close to enough to get my insurance involved.

  4. #4
    Join Date
    Sep 2011
    Location
    OH10
    Posts
    15,020

    Default Re: Pawn Shop Liability for Lost Item

    I am going to lay this out as best I can. If the police take custody of the ring, as evidence, it appears it can be returned to you with no recourse to the pawnbroker, when released by the court/prosecutor. I am going to give you the links to pursue the info. Reference CA penal codes 1407-1411.

    http://law.justia.com/codes/californ...200-21209.html
    http://law.onecle.com/california/penal/1408.html
    Teach a man to fish, you feed a village. Give a man a fish, the ever growing village demands free fish. We will now spend trillions on social services and SSI for people who don't know how to fish.

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