Sunday, May 4, 2008

hanging balls

The universal symbol of pawnbroking is three gold balls and is one of the most recognized in the world. The Medici families in Italy along with the Lombards in England were moneylenders in Europe. Lengend has it that one of the Medicis in the employ of Emperor Charles the Great fought a giant and slew him with three sacks of rocks. The three balls or globes later became part of their family crest, and ultimately, the sign of pawnbroking.