MORE than half a century ago, the three brass balls of the pawnbroker's shop were a familiar sight on high streets across the land.
On a narrow strip of Alfreton Road, between Canning Circus and Bentinck Road, there were five such businesses.
Back in the 1950s, they were euphemistically known as 'uncles'.
And in Nottingham they had a history stretching back to the early part of the 19th century when a protection society for all the pawnbrokers in the city was formed.
A 1932 directory listed 60 pawnbrokers in the city, but hire purchase signalled the demise of the trade and by the dawn of the '60s that number had dwindled to half a dozen.
Now, the 21st century recession has led to a revival with more than 25 pawnbrokers operating in and around Nottingham.
Licences were granted by the city council but, in 1961, according to Nottingham Pawnbrokers Protection Society secretary of the time George Brown, 'it is a dying trade and we have to concentrate on the retail side. Higher wages have reduced the need for pawnbrokers. It's a good thing really'.
Gone were the days when a housewife would take her husband's suit to the pawnbrokers on a Monday and leave it for a few shillings, only to collect it again come the weekend and pay day.
George Brown had been running his Alfreton Road business for 45 years and could rely on the queues of women at his door on a Monday morning. Sometimes it would be midnight before the last customer was served.
By the early 60s, there was only one boom period in the year ... just after Christmas.
"That is when people are hard up, but they don't want the odd few shillings as in the old days," he would say. "They want big amounts to settle their rate demands or similar bills."
Jack Stoppard was an Arkwright Street pawnbroker and he told the Guardian Journal: "Wives used to bring pram loads of stuff every Monday morning.
"The old man's suit was always one of the items and they would fetch it out again on Friday, pay day."
Mr Stoppard, who was president of the Nottingham society in 1957, recalled that in the old days they would take 3,000 pledges on Monday morning at his two shops in Arkwright Street and St Ann's Well Road.
A rent collector told the newspaper: "Often when I called on a Monday morning, the women of the house would keep me waiting on the doorstep while they dashed off to the pawnshop to get some cash to pay the rent."
Charles Goldsworth, who had run his own shop on in Radford before working for Jack Stoppard, remembered that flat irons were favourite pledge goods.
"We used to allow 9d on a flat iron with a smooth bottom, but if the bottom was rough it was 6d. We had rows of them on the shop floor. The women would fetch them out on washdays and bring them back again while they were still hot."
Speaking in 1961, Jack Stoppard said: "After Christmas we shall get people bringing in their Christmas presents – tape recorders, electric shavers and transistor radios; but sometimes people bring in odd items.
"The other day a man wanted to pledge a tin of plums in syrup."
Mr Stoppard's son John possessed a fine bass voice and took part in concerts, becoming known as 'the singing pawnbroker'. And his grandson was a member of Nottingham Opera Club.
Another pawnbroker of the day was Eric Whiting of Colwick Road. "Pawnbroking is dying out in the old sense. You still get a few regular customers but most of them today are strangers who bring in things like golf clubs and radios.
"It was true in the past that wives brought their husband's suits in every week, but sometimes I feel it was just out of force of habit."
The image of the 21st Century pawnbroker is far removed from those bygone days. According to the National Association of Pawnbrokers website www.thenpa.com ... "If you were to walk into a pawnbroker's shop today you could be forgiven for thinking that you had just walked into your local bank or building society.
"Pawnbroking is now a serious alternative to using the services provided by the High Street bank. Customers realise that borrowing money against goods they already own is an affordable alternative to a bank overdraft or other type of loan."
Des Milligan, recently retired head of the NPA, said: "More middle-class people have been attracted to pawnbrokers because of the credit crunch. The modern pawnbroker is a cross between a jewellery shop and a building society."
Pawnbrokers have been around since the days of ancient Greece and Rome.
The business came to England with William the Conqueror under the name of the Lombards, Italian money-lenders and merchants. The pawnbroker's sign dated back to the Medici family of Florence, who adopted it as their symbol.