Most pawn shop business is cash loans rather than buying and selling. This is a common misconception aided by the reality TV shows I suspect. It's highly likely they are the result of a defaulted loan. Some people will only want a small loan in relation to the collateral they have to offer, so that it is easier to repay. Unfortunately life can throw curveballs and people with solid intentions of redeeming their goods are all of a sudden unable to. Nice pickup by the way. Obviously the pawnbroker is not a stacker...
just found out they suppose to keep everything for 3 months before selling in case any item is stolen. and the ID requirements is BS.