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VICTOR PAWN BROKER Inc.
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Hammond Super Pawn in Hammond, IN
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Family-owned pawn shop in Hammond, IN offering collateral-based loans, gold and jewelry buying, and repair services. Founded in the 1950s by Wayne Cohen's father.
Data compiled from public sources
Hammond Super Pawn Review
Hammond Super Pawn is a family-owned pawn shop located in Hammond, Indiana, operated by Wayne Cohen and his son Nate Cohen. The business traces its roots to the 1950s when Wayne's father founded the original pawn operation. Wayne and Nate became known publicly through their appearance on TruTV's 2013 hit reality show "Hardcore Pawn: Chicago," which premiered to over 2 million viewers. The family also operates A-1 Jewelry & Pawn in Oak Park, Illinois, managed by Wayne's eldest son Aaron.
Hammond Super Pawn offers three primary financial services: buying items of value (jewelry, watches, electronics, tools, collectibles), selling previously pawned or acquired merchandise, and providing pawn loans for customers researching short-term cash access. The company accepts a wide range of collateral including gold, silver, diamonds, high-end watches, computers, Apple products, PlayStations, televisions, tools, antiques, and comic books. They emphasize competitive pricing, claiming to "pay the highest prices" for items and charge "the lowest interest rate on loans." The shop maintains a full-service jewelry repair facility offering chain soldering, clasp replacement, watch link adjustment, ring resizing, prong replacement, stone tightening, pearl restringing, and cleaning/polishing services.
The company differentiates itself through its established family legacy, direct media exposure, and stated commitment to customer service. Wayne Cohen has earned the nickname "the pawnbroker with the heart of gold," and customer testimonials highlight fair pricing and personalized service from Wayne, Aaron, and Nate. The business sells merchandise through an eBay storefront and maintains consistent operating hours across both locations.
As a pawn shop, Hammond Super Pawn serves customers seeking immediate liquidity against collateral or those shopping for discounted jewelry and merchandise. However, potential borrowers should understand that pawn loans involve asset forfeiture if not redeemed, and the company does not disclose specific interest rates on its website. The business model depends on successful item sales, which means pricing power may fluctuate based on market conditions.
Services & Features
Collectible and comic book buying
Diamond buying and valuation
Electronics purchasing (computers, PlayStations, TVs, Apple products)
Gold buying and valuation
High-end watch buying
Jewelry repair (chain soldering, clasp replacement, resizing)
Pawn loans (collateral-based short-term loans with redemption option)
Pearl restringing and cleaning/polishing
Prong replacement and tip rebuilding
Ring resizing (loose to tight, tight to loose)
Stone tightening and replacement
Tools and antique buying
Watch link removal/addition
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pros & Cons
Pros
- Family-owned business with 70+ year history dating to the 1950s
- Featured on TruTV's "Hardcore Pawn: Chicago" with 2+ million viewers, providing transparency and public recognition
- Full-service jewelry repair facility with comprehensive services (soldering, resizing, stone replacement, pearl restringing)
- Claims to offer lowest pawn loan interest rates and highest prices paid for items (per website messaging)
- Accepts extremely broad range of collateral (gold, diamonds, electronics, tools, collectibles, comic books)
- Multiple convenient locations (Hammond, IN and Oak Park, IL) with extended operating hours
- eBay storefront for purchasing discounted merchandise without visiting physical location
- Customer testimonials specifically praise competitive pricing and personalized service from family members
Cons
- Website does not disclose specific interest rates, APRs, or loan terms—customers must call or visit to learn borrowing costs
- Pawn loans require surrendering collateral; items are forfeited if loan is not repaid within agreed timeframe
- No information provided about loan amounts, repayment periods, or what happens to unredeemed items
- Limited online transaction capability; jewelry repair and pawn services require in-person visits
- Vague pricing claims ("highest prices," "lowest interest rates") are not substantiated with comparative data or specific rates
State Consumer Finance Context
This is state-level context for Pawn Shops consumers in Hammond, IN. It does not confirm that Hammond Super Pawn or this specific location is licensed.
State regulator
Indiana Department of Financial Institutions
Consumer protection
Money services context in Indiana
Short-term lending status: Legal
General rate context: 36% for first $2,000 (small loans); payday loans capped at $605 with tiered fees
Indiana allows payday lending with a $605 cap and tiered fee structure. A statewide database prevents excessive borrowing. The Department of Financial Institutions regulates all consumer lenders, and complaints can be filed with the DFI or the Attorney General's Consumer Protection Division.
Key state rules to check
- Payday loans capped at $605 with tiered fee structure: 15% on first $250, 13% on $251-$400, 10% on $401-$605.
- Borrowers may have up to two payday loans simultaneously but not from the same lender.
- A statewide database tracks all payday loans.
Complaint resources
- Indiana Department of Financial Institutions (DFI) - State Regulator
- Indiana Attorney General Consumer Protection Division - State AG
- Consumer Financial Protection Bureau (CFPB) - Federal
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
Frequently Asked Questions
What services does Hammond Super Pawn offer?
Hammond Super Pawn offers 13 services including Pawn loans (collateral-based short-term loans with redemption option), Gold buying and valuation, Diamond buying and valuation, High-end watch buying, Electronics purchasing (computers, PlayStations, TVs, Apple products), and 8 more.
What profile signals are listed for Hammond Super Pawn?
Hammond Super Pawn has profile signals associated with Customers needing short-term cash against jewelry, watches, or electronics with eligibility claims to verify, Gold and diamond sellers seeking competitive buyout prices without eBay listing delays, Individuals with broken or damaged jewelry requiring professional repair services, Bargain hunters shopping for discounted gold, diamonds, watches, or collectibles.
What are the strengths and weaknesses of Hammond Super Pawn?
Key strengths: Family-owned business with 70+ year history dating to the 1950s; Featured on TruTV's "Hardcore Pawn: Chicago" with 2+ million viewers, providing transparency and public recognition; Full-service jewelry repair facility with comprehensive services (soldering, resizing, stone replacement, pearl restringing). Areas to consider: Website does not disclose specific interest rates, APRs, or loan terms—customers must call or visit to learn borrowing costs; Pawn loans require surrendering collateral; items are forfeited if loan is not repaid within agreed timeframe.
How does Hammond Super Pawn compare to similar companies?
In the Pawn Shops category, comparable providers include VICTOR PAWN BROKER Inc., Pawn Shop, Joyeria Empeños. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.
Quick Facts
- Headquarters
- 6715 Indianapolis Blvd, Hammond, IN 46324
- BBB Accredited
- No
CreditDoc Profile Note
Research Note on Hammond Super Pawn
Hammond Super Pawn is profile signals for borrowers who are researching short-term cash access and have valuable items to pledge as collateral, or for buyers seeking discounted jewelry and merchandise. The primary caveat is that pawn loans result in asset loss if not repaid, and the company's website does not disclose specific interest rates or loan terms—borrowers must contact them directly to understand the actual cost of borrowing.
Profile Signals
- Customers needing short-term cash against jewelry, watches, or electronics with eligibility claims to verify
- Gold and diamond sellers seeking competitive buyout prices without eBay listing delays
- Individuals with broken or damaged jewelry requiring professional repair services
- Bargain hunters shopping for discounted gold, diamonds, watches, or collectibles
Updated 2026-04-29
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Quick Summary
- Hammond Super Pawn is listed as a Pawn Shops provider in Hammond, IN on CreditDoc.
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