By Mike Steely

If you live in North Knoxville and drive Broadway you’ll likely be familiar with Penny Pawn at 4821 North Broadway but you may not know that the popular shop has been there since 1985.

Founded by Mildred Mason and now owned by Pantelis Merianos, the family business specializes in gold and silver jewelry and coins. It offers “the best prices” and jewelry repair is also available.

The shop is more than just a pawn shop. It’s a place that continues to have customers who have shopped there since the store was founded—a place where relationships are made.

Terry Merianos, the niece of Mrs. Mason, says the family store has a little bit of everything. She operates Martha Lee’s Jewelry on Clinton Highway.

Pantelis invites everyone to come by the Broadway store and take advantage of the great sales on the gold and diamond jewelry which includes rings, bracelets, necklaces, gold and sterling silver chains and several vintage 14 karat gold watches. Pantelis wants to remind everyone that they buy Rolex Watches also.

Penny Pawn also has antique glassware, crystal, sterling silver, turquoise and silver jewelry, and even Teenage Mutant Ninja Turtle figures. Penny Pawn has band instruments, guitars, collectables and antique fishing equipment. There’s a large selection of men’s jewelry. It’s is an ideal place to browse for gifts, or sell your silver and gold for the best price. There’s a large selection of silver coins and you’ll also find antiques that other pawn shops don’t offer.

Penny Pawn was North Knoxville’s first pawn shop and is ready to serve you whether you want to buy, sell or trade. The shop has been an asset Fountain City and has strived to provide the highest quality of service and trustworthiness to their customers for the past 31 years and plans to do so for many years to come.

Opening at 10 a.m. each day, Monday through Saturday, Penny Pawn can be reached by calling 687-1985. You’ll also find Penny Pawn on Facebook and at