Up for your consideration is this old dead pawn Native American Coral and Sterling Silver bolo, hallmarked by an unknown artist. Retrieved from a well respected pawn shop in Gallup. New Mexico. We have been dealing with this pawn shop for many years now and it is a true pawn shop, that has been serving the needs of its Native American clients for many generations.
The bolo measures 2 inches by 1-5/8 inches. The sterling silver bolo tips measure 2-1/8 inch long. The buckle will fit a belt up to 1-1/2 inch wide.
Excellent vintage condition, needing only a good polish. The exact age of the bolo is unknown. The bolo is hallmarked, as shown. I have been unable to determine to whom the hallmark belongs. I also retrieved a coral buckle hallmarked by the same artist at the same time from the same pawn shop. The buckle and bolo look perfect together although the silver work is slightly different.
DEAD PAWN JEWELRY. For the Southwestern Native Americans, pawn refers to the practice of converting jewelry into cash by using it as collateral for loans from authorized pawn shops. In times of need, jewelry and other items of value are used as security by authorized traders (pawned) for cash loans. The state laws governing pawn shops are very strict to protect the consumer. Pawn is also used by some Native Americans in the same way that a safety deposit box would be used. The jewelry is "pawned" for safe keeping in between religious ceremonies or other special occasions. However, if the loan or pawn fees are not paid up by the agreed date, the pawn shop or trader is then authorized to sell the jewelry. When jewelry is not redeemed by its owner by the expiration date, it is then referred to as Dead Pawn.