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Million Pound Pawn

  • Episode:

    2 of 3

  • Transmission (TX):

    Tue 02 Mar 2021

  • TX Confirmed

    Yes

  • Time

    8.00pm - 9.00pm

  • Week:

    Week 09 2021 : Sat 27 Feb - Fri 05 Mar

  • Channel:

    ITV

  • Published:

    Wed 17 Feb 2021

The information contained herein is embargoed from all Press, online, social media, non-commercial publication or syndication - in the public domain - until Tuesday 23 February 2021.

Million Pound Pawn

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Series overview

This fascinating new three-part ITV series opens the door to this fast moving and often lucrative industry, telling the story of people with incredible assets and the eye-watering stakes at play; for both the owners and pawnbrokers trying to close the deal and make a profit.

From the well-heeled entrepreneur looking to shore up their business, to the single Mum hoping to fund medical treatment for her son, we unearth the real life stories behind those walking through the pawnbroker’s door and how much they are hoping to raise by parting with their valuables.

Borrowing money from a pawnbroker comes with higher interest rates but customers can also sell their assets and with each transaction we will learn about the rare and sometimes unusual items, what their real value is according to the pawnbroker and ultimately whether the price is right to seal the deal.

With unforgettable characters, heart-warming stories and an array of incredible assets, this series will reveal the emotional and financial stakes at play in the often hidden world of pawnbroking.

Episode 2

This week we return to the world of luxury pawnbroking where assets can be worth six figure sums. Customers can either sell their assets or borrow money against them but risk losing their valuables if they can’t repay their loan. However, it’s also a risk for the pawnbroker - in an industry flooded with counterfeit goods, unique items need expert valuation and erratic markets must be navigated, the more valuable the asset the bigger the risk to the pawnbroker. 

In Sheffield, third generation pawnbroker Dan Hatfield takes to the skies in a helicopter in what could be the biggest deal of his career.  And when make-up artist Andrea brings him a Rolex Daytona, she bought for £25, could it be the best car-boot bargain of the century?

John Freeze is confronted with a tricky proposition when a new client wants to sell 20 luxury handbags.  Designer bags can provide higher investment returns than traditional assets such as art and whiskey, but the fickle nature of fashion makes them notoriously hard to price up. 

Meanwhile, at one of Britain’s oldest pawnbrokers, Ray takes delivery of a bespoke, hand-made Rolls Royce, designed exclusively for the wedding industry.  He must assess the risks of a niche market as well as demand in an industry that’s been hit hard by Covid. Will the valuation reach the clients expectations and help save his business?