I think most pawn shops operate with the understanding that they might be taking in stolen items. Sometimes they'll lose money, most of the time they won't lose anything.
When Crackhead Bob sells the tools he stole from you at the pawn shop, the whole purpose of having your initials engraved on your tools is so you can prove they're yours. And then you get your tools back, and then the police go and arrest Crackhead Bob.
No initials and the pawn shop says tough ****, and you don't get your tools back.
Well, I guess I'll just have to buy back my stolen tools that Crackhead Bob sold to the pawn shop that don't have my marks on them.
Ya' know I'm get real tired of being inconvenienced by dishonest people.
I had some 4'-5' lengths of 1 1/2" pipe for a project that I left outside. They got gone, like in stolen. We had some video tape of that showed the vehicle leaving the property. I report the theft to the cops. I drive around the adjacent low life neighborhood and spot the car. I do some homework and get his name and address and tell the cops. The mail man was real helpful.
A day later the guy pulls out from his road right in front of me. I follow him up to the convenience store gas station. I wait for him to come out of the store. I tell him I know what he did, who he is, where he lives and that I have a video tape of him. Then I tell him to never set foot on the property again or I'll shoot his ***.
He never utters a word. Doesn't say, "I don't know what you're talkin' about" or even a "F U" or a denial Just gets in his **** box PoS car and hauls outa' there like a big *** bird. Never to be seen again. Called the cop on the case. Asked him if I did anything wrong. Answer was no. Did I get my pipe back? No. Did I expect to? No. Did I get some satisfaction? Yes.
I know the thief sold my pipe for scrap metal.
I didn't have my initials on the pipe, like it would've made a difference.
Where I'm going with this is with initials or no initials, your **** is gone. The likelihood of recovery is slim. I'm not gonna' tattoo everything thing I own just in case Crackhead Bob shows up. That's being inconvenienced for a thief. Like they say, locks are for honest people.