The Jewish Tandelmarkt in Prague's Old Town was a nonresidential Jewish exclave, situated outside of Prague's Jewish Town. This thriving marketplace afforded Jewish merchants and peddlers an opportunity to ply their wares in the Old Town, but it also left them unprotected in the face of physical and verbal attacks. This article examines memoirs, travelogues, guidebooks, newspapers, novels, and visual images to understand how the Tandelmarkt (junk market) functioned in various discourses about Prague Jewry, especially in the eighteenth and nineteenth centuries. Jews were vulnerable and exposed in the Tandelmarkt, but the centrality and visibility of this marketplace also allowed non-Jews to observe their “exotic” Jewish neighbors. A nineteenth-century novelist described the Tandelmarkt as a “theater” where passersby could “lose themselves” for half an hour in its disarray and commotion. At times it was a theater of violence, where Jews fell victim to attack. It was also a theater of emancipation, where Jews could show their Christian neighbors that they were capable of self-improvement and change.