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Did you know there’s a 136-year-old pawnshop in Chicago?

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By   5 days ago

Illinois’ oldest pawnshop, and perhaps the nation’s, has been acquired by a Beverly Hills, Calif., pawnbroker looking to broaden its clientele. Loan Cos. bought T.N. Donnelly, which dates to 1881, renaming it Chicago Loan. Terms and revenue were not disclosed. Donnelly started out on Dearborn, moved to the Jewelers Building at 5 N. Wabash in [...]

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The Loan Companies Acquires America’s Oldest Pawnshop: Luxury Collateral Lender Now in Chicago

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By   10 days ago

The Loan Companies has successfully completed its historic purchase of T.N. Donnelly & Company, a storied Chicago lender with the notable distinction of having been in continuous operation since 1881, making it America’s oldest operating pawnshop. Rebranded as Chicago Loan Company, it is the newest addition to The Loan Companies, joining New York Loan Company [...]

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Meet Jordan Tabach-Bank of Chicago Loan Company

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By   10 days ago

Today we’d like to introduce you to Jordan Tabach-Bank. So, before we jump into specific questions about the business, why don’t you give us some details about you and your story. I am a third-generation pawnbroker; my grandfather, Louis Zimmelman, founded the first of three high-end financial institutions, Beverly Loan Company, in Beverly Hills, California [...]

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A Birkin Bag in the Box Is Worth a Lifetime of Debt

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By   32 days ago

After she lost her job, Angela Rivers found herself in need of some quick cash. Instead of heading to her bank, she delved into her Brooklyn closet. An avid shoe and handbag collector, she took out her cherished chocolate brown Birkin and went across the river to Manhattan, where she had an appointment in the [...]

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Andy Warhol and The Dollar Sign

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By   32 days ago

“I like money on the wall,” Andy Warhol admitted in 1975, “The best way I like to carry money, actually, is messy. Crumpled wads. A Paper bag is good.” You would be hard-pressed to find another artist’s work that is more apropos to the luxury world than Warhol’s ‘Dollar Sign’ series. After a successful career [...]

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Artist Spotlight: Francis Bacon

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By   44 days ago

One of the most important artists of our time, Francis Bacon, is known for his surrealistic and distinctive figurative art. Beverly Loan Company, coined “pawnshop to the stars” by the media, offers loans based on high-end collateral, including art by Francis Bacon. The now deceased painter held the record for a short period of time [...]

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Jean-Michel Basquiat Joins Pantheon of Record-Breaking Artists

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By   44 days ago

Twice a year, during the fall and spring, fine art usurps the daily headlines with announcements of multi-million dollar paintings breaking world record auction prices. Each season, the art world holds its breath to see how the titans of art history will perform on the open floor of bidding. Typically, artists that have already been [...]

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Part 2: Three More of the Most Expensive Coins

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By   44 days ago

If you read Part I of this post, you would have a better understanding of how expensive https://www.jewelrynloan.com/blog/buy-and-sell-collectible-coins-in-orange-county/ collectible coins can be, based almost solely on numismatic value. Below are three more of the most famous and pricey coins. 1933 Double Eagle The most valuable American coin ever sold at public auction was a 1933 [...]

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Thai parents pawn Hermes, Gucci, LV bags and Blythe dolls to pay school fees

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By   914 days ago

Original article from inquirer.net BANGKOK, Thailand—Luxury items such as Hermes, Gucci and Louis Vuitton handbags and Blythe dolls have been sold at pawnshops nationwide as parents struggle to find money for their children’s tuition fees and related expenses for the new school year this month. The influx of luxury items has prompted many pawnshops to [...]

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Pawn shop buys rare Pres. Lincoln document

By   947 days ago

Original article from turnto23.com If you’re looking for a rare collectible item, the Gold and Silver Trading Company on Union Ave may have exactly what you’re looking for. But that’s not all, you can find everything from lawn mowers and tools, to rare coin’s and sports memorabilia. “Basically, anything we think is cool we will [...]

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eBay Begins Streaming Live Sotheby’s Auctions

By   952 days ago

Original Article from nytimes.com The buildup was intense. Since July, when Sotheby’s struck a deal with eBay to have its auctions carried live, the marriage of the blue-blood auction house to the blue-collar online retailer had generated tingles of anticipation. But on Wednesday, when eBay streamed Sotheby’s auctions for the first time, the event could not have been more [...]

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Pawn to cushion payday lenders from regulatory blow

By   954 days ago

Original article found on reuters.com (Reuters) – Payday lenders that have substantial pawn operations are better positioned to absorb the blow from proposed U.S. regulations aimed at cracking down on an industry that has been criticized for saddling borrowers with debt they cannot repay. The Consumer Financial Protection Bureau has proposed a number of guidelines [...]

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Reality TV burnishes image of the neighborhood pawn shop

By   956 days ago

Reality TV And It’s Positive Effect on the Image and Industry of Pawn Shops Original article on reuters.com  (Reuters) – After centuries on the fringe of consumer finance, the neighborhood pawn shop is pushing its way toward the mainstream, thanks to the power of reality television and the long arm of government regulation. The History [...]

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Pawnbroker Report Trends & Steady Industry Growth

By   961 days ago

Pawnbroker Report Trends & Steady Industry Growth Original Article At: nationalpawnbrokers.org The National Pawnbrokers Association (NPA) today announced the results of the NPA 2015 Trend Survey that assesses how changes in the U.S. economy have affected the pawn industry since the beginning of 2014. Findings of the survey demonstrate conservative growth within the industry over [...]

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Pawn Shops: New Image for an Old Industry

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By   1573 days ago

The pawn business has experienced significant growth in the past few years, but the industry has been around for thousands of years. Pawnbroking goes as far back as 3000 years in history with pawn shops in Imperial China.  They were common in ancient Greece and Rome as well.  Queen Isabella of Spain is believed to [...]

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Cash America Expands its Texas Presence

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By   1604 days ago

Cash America has acquired a 41-store chain of pawn shops primarily under the name of Top Dollar Pawn and owned by TDP Superstores Corp.  President and CEO of Cash America said, “We are excited about this opportunity to further expand Cash America’s pawn lending business in the State of Texas. This group of 41 stores [...]

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Van Cleef & Arpels launches Two Butterfly creations as spring season blossoms

By   597 days ago

Original article from saudigazette.com   THIS March, Van Cleef & Arpels is celebrating spring by unveiling new pieces in its Two Butterfly collection. Inspired by all the freshness and vitality of the season, these creations combine the gentle luster of mother-of-pearl and pink gold with the sparkle of diamonds. Enthralled by the spectacle of nature’s [...]

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One of Rolex’s most iconic models just got a huge update

By   607 days ago

Original article from businessinsider.com It’s always news when Rolex drops an update for one of the iconic models in its lineup, and this year is no different. A huge update to a model on the higher end, the Rolex Cosmograph Daytona, had watch geeks freaking out at Baselworld, the world’s largest watch industry fair held [...]

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The Big Three Jewels: Why Ruby, Sapphire and Emerald Top the List of Precious Gems

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By   612 days ago

Original article from forbes.com Cartier Tourbillon Mysterieux Azure Until recently, only emerald, ruby and sapphire were officially called precious gems. Everything else was called semi-precious. The precious categorization is a reference to value: a really fine ruby, emerald or sapphire can be priced higher per carat than a diamond. Sapphires are extremely hard and durable, [...]

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10-Carat Blue Diamond May Fetch Up to $35M at Sotheby’s

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By   617 days ago

Original article from blouinartinfo.com The largest oval fancy vivid blue diamond ever to appear at auction will cross the block at Sotheby’s Hong Kong on April 5. Headlining the auction house’s Magnificent Jewels and Jadeite Spring Sale, the rare stone weighs 10.10 carats, is internally flawless, and is estimated to fetch between HK$235 million and [...]

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Billionaire Forbes puts Napoleon III art collection up for auction

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By   623 days ago

Original article found on dw.com American publisher Christopher Forbes has brought his Napoleon III collection of 2,000 art objects back to Paris for auction. It has allowed the Emperor into the Opera Garnier for the first time. A box was built for Napoleon III, the President of the Second French Republic and Emperor of the [...]

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The Most Expensive Items Ever Auctioned

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By   627 days ago

Original article from money.cnn.com VIEW THE SLIDESHOW Going once, going twice, sold! Wealthy collectors are smashing records at auctions around the world. Here are some of the most expensive items ever sold. Pablo Picasso’s 1955 painting, Les femmes d’Alger (Version O), sold for $179,365,000 at Christie’s auction house in New York in 2015. It set a new [...]

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Colored Stones Will Drive Jewelry Market in 2016, Says Bonhams

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By   659 days ago

Original article from blouinartinfo.com Colored gemstones set new records for Bonhams in 2015 and will continue to be in high demand in 2016, the auction house said. Emily Barber, Bonhams’ London-based jewelry department director, predicts that gemstones of various hues will drive the market as fine examples get rarer and rarer. “Without a doubt we [...]

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Christie’s to Auction James Bond ‘Spectre’ Memorabilia in Charitable Auction

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By   660 days ago

Original article from artnet.com One of two Aston Martin DB10 show cars headlines the charity auction. Photo: Christie’s London James Bond is coming to Christie’s next month. The auction house will host a charity sale featuring all sorts of 007 related memorabilia fromSpectre, the franchise’s latest release. The proceeds from the sale of 24 lots will go [...]

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eBay Begins Streaming Live Sotheby’s Auctions

By   952 days ago

Original Article from nytimes.com The buildup was intense. Since July, when Sotheby’s struck a deal with eBay to have its auctions carried live, the marriage of the blue-blood auction house to the blue-collar online retailer had generated tingles of anticipation. But on Wednesday, when eBay streamed Sotheby’s auctions for the first time, the event could not have been more [...]

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Reality TV burnishes image of the neighborhood pawn shop

By   956 days ago

Reality TV And It’s Positive Effect on the Image and Industry of Pawn Shops Original article on reuters.com  (Reuters) – After centuries on the fringe of consumer finance, the neighborhood pawn shop is pushing its way toward the mainstream, thanks to the power of reality television and the long arm of government regulation. The History [...]

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Hardcore Pawn Visits New York Loan Company

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By   1594 days ago

New York Loan Company was excited to receive a visit from Seth Gold and Ashley Broad, stars of TruTV’s hit reality show Hardcore Pawn. Seth and Ashley were in town for an interview with Fox & Friends, a show on Fox News that is filmed across the street from New York City’s Diamond District, where [...]

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Rick Harrison’s Advice on Business

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By   1634 days ago

People have pawned, bartered and exchanged for quick access to money for centuries.  While technology and currency has advanced, the practice remains relevant today.  Thanks to the hit TV series Pawn Stars, pawn shops are more popular than ever.  Owner and star Rick Harrison says as kid he was the child of a working mom [...]

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Jordan Tabach-Bank Scores at Top of Charts on Braindex

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By   1653 days ago

Jordan Tabach-Bank is the latest celebrity to appear on Braindex, a fast-paced trivia game that lets players go head to head with celebrities.  The popular Apple iPad application allows viewers to watch the game show like they would on television while playing along in real time with their touch screen. ‘Don’t just watch a game [...]

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Pawn Stars UK Debuts this Fall

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By   1682 days ago

A&E Networks UK’s HISTORY will soon have its own version of “Pawn Stars.”  The show will be set at Regal Pawn, located just outside of Chester, near the border of Wales and England.  Regal Pawn’s owner Mark “Big Mark” Manning, his daughter Vicki, his best friend Little Mark and Little Mark’s son, Marco will make [...]

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Something for Everyone on “Pawn Stars”

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By   1683 days ago

History Channel’s “Pawn Stars” has been a success since it debuted in 2009.  One of the shows stars, Rick Harrison doesn’t seem to have an answer for why the show is so popular.  “I have no idea,” he says. “Obviously, America loves fat guys in a pawn shop.”   He does, however, know what his favorite [...]

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