Nacional Monte De Piedad

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  • Address
    Monte de Piedad 7, Centro Histórico
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  • Phone
    5278 1700
  • Transport
    underground rail: Zócalo

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Facing the west side of the cathedral is Mexico's national pawnshop, founded in 1774 by silver magnate Pedro Romero de Terreros. The site was once occupied by the Palacio de Axayacatl, where Cortés and his companions were first lodged by Moctezuma II in 1519. Cortés installed the original colonial headquarters over the ruins of his host's palace. People pawn their jewelry and other possessions in the central hall for loans at 12% interest. Unclaimed items are sold in shops off the central passageway.