Shop Talk: No Serial Number, No Deal?

Soon, Richmond, VA pawn shops will not only have to keep the IDs of the owners of items they accept or purchase, but refuse any items without visible serial numbers, according to a recent WWBT-TV NBC 12 report. This doesn’t sound too extreme or unusual, but one has to wonder whether requiring visible serial numbers on all items is really practical. When you can see that someone has tried to mark out a serial number purposely, obviously, that’s a huge tip-off that the customer may not be the actual owner, but penalizing customers when a serial number has just been worn down or diminished over time or by regular wear and tear doesn’t seem like the greatest scenario.

What do you think? Would being limited to only accepting or purchasing items with visible serial numbers hurt your pawn business?