Struggling in the cost of living crisis
James Constantinou, star of Posh Pawn, shares that even his wealthiest clients are feeling the pinch in the current cost of living crisis. He notes that people are resorting to selling family heirlooms due to financial struggles.
Increased demand for pawning
According to James, the demand for pawning has significantly risen, with more individuals unable to retrieve their precious possessions. He mentions that the current economic climate is proving to be challenging for many.
Heartbreaking stories
James recounts emotional stories of clients forced to part with sentimental items, such as a Jaguar E-type and a gold Rolex, due to financial difficulties. He highlights the tough decisions people are facing in trying times.
Struggles in the business world
Business owners, particularly in the restaurant and bar industry, are grappling with rising energy costs and staff wages. James emphasizes the impact of high interest rates and staffing issues post-Brexit and during the pandemic.
Famous for pawning high-value items
James gained fame through his appearances on Posh Pawn, where he dealt with luxury items like helicopters, Lamborghinis, Hermes handbags, and even a piece of Princess Diana's wedding cake. He has expanded his pawnbroker business since then.
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