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A woman in Hanover ha? discovered how to grow rich by pawning—thanks to the fall of the mark. Unable to live on her modest income, she bethought herself a year and a half ago of her pearl necklace, and took it to Berlin, where it was valued at 30,000 marks. She then pawned it for 30,000 marks. Three months later a friendly banker lent 30.000 marks to redeem the necklace. After redeeming it ehe went to another valuer, who appraised the necklace at 225,000 marks. She then pawned it for 110,000 marks, repaid the banker his 30.0(H) marks and was able to live for a time in comfort. Six months later she again received a loan to redeem the necklace, had it revalued and again pawned it. The necklace now valued at 2,500,000 marks, is now in pawn for 1,500,000 marks —and the woman is living comfortably on the profits,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19230430.2.57

Bibliographic details

Taranaki Daily News, 30 April 1923, Page 5

Word Count
150

Untitled Taranaki Daily News, 30 April 1923, Page 5

Untitled Taranaki Daily News, 30 April 1923, Page 5