95. Pawn License – a license to operate a pawn shop can have value if the government makes it very difficult or impossible to get a new one.
It is an investment opportunity for those that are willing to operate a pawn shop or make a loan to one.
For instance, in Las Vegas, the number of pawn licenses has been strictly limited based on the size of the population. For many years, the population had to grow 100,000 in size prior to one new licenses being issued.