The rights of the pawnee1 in the thing pawned are distinguishable from a common law lien2 in that whereas the holder of a lien has no inherent power of sale, that right accrues automatically to the pledgee in the event of the pledgor's default. A further distinction has traditionally been discerned in the fact that the pledgee acquires a special property or special interest3 in the property pawned, whereas a person exercising a lien has only a right to detain the subject matter of the lien until he is paid4. Consistently
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