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2013 Proof Gold Buffalo Coins in High Demand

By   /  May 31, 2013  /  Collectibles  /  No Comments

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The most recent weekly United States Mint numismatic product sales report includes the debut of the 2013 Proof American Gold Buffalo Coins and, in its third weekly appearance, the 2013 West Point Silver Eagle Set. Orders for the 2013 Proof Gold Buffalo opened up on May 23, 2013. Opening orders were strong despite being offset [...]

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Rick Harrison’s Advice on Business

By   /  May 30, 2013  /  Pawn TV  /  No Comments

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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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Falling Gold Price Hits Britain’s Largest Pawnbroker

By   /  May 28, 2013  /  International Pawnbrokers  /  No Comments

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Pawnbroker H&T sent out a profit warning that caused shares to go down 10%.  Britain’s largest pawnbroker is struggling in the wake of dramatically falling gold prices.  In recent years rising gold prices in addition to people looking for alternative forms of credit have been a boon for pawnbrokers.  With the fall in the gold [...]

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Luxury Watches: Works of Art

By   /  May 28, 2013  /  Collectibles  /  No Comments

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When a watch costs a million dollars you might envision it dripping with diamonds or having some historical significance, but that’s not necessarily the case.  According to A. Lange & Söhne’s Alexandra Haxton there are two factors that go into the price of a luxury watch: materials and workmanship.  A. Lange & Söhne’s most recent [...]

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Singapore Pawn Shops Thriving

By   /  May 27, 2013  /  International Pawnbrokers  /  No Comments

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Singapore has one of the highest concentrations of millionaires relative to its population; however there is a sharp income gap between the richest and the poorest.  Rising prices and a slowing economy are putting pressure on the budgets of middle- and lower-income families.  In the world’s sixth most expensive place to live the pawn shop [...]

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Pawn Shops Transcend Stereotypes

By   /  May 26, 2013  /  Pawn Shops  /  No Comments

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Pawn shops neither follow the typical seedy stereotype, nor do they exactly look like what you see on reality tv.  Pawn shop manager, Danielle Batha says, “People come in and they say: ‘This is a pawn shop?’ They’re surprised because it’s not what they expect. It’s not dingy. The merchandise is good quality. It’s clean. [...]

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Pawn America Experiments with New Store Concept

By   /  May 24, 2013  /  Pawn News, Uncategorized  /  No Comments

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Brad Rixmann of Pawn America started with a tiny storefront in Robbinsdale in 1991, and has since grown his business into a national force in the industry.  The company recently opened its 25th location and has plans to build more.   “This year we should run right around $80 million in sales, and I believe at [...]

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Prices of Contemporary Art Escalating

By   /  May 24, 2013  /  Collectibles  /  No Comments

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Barnett Newman’s “Onement VI” sold for $43.8 million.  The deep blue abstract composition from 1953 beat the artist’s previous record of $22.4 million, paid just a year ago for a piece from the same series.  The auction was held at Sotheby’s and while the Newman canvas was the high point, buyers were bidding record prices [...]

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Flawless Diamond Sells for $26.7 million at Auction

By   /  May 20, 2013  /  Jewelry  /  No Comments

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Winston purchased a new colorless, flawless 101.73-carat diamond at auction in Geneva for a record $26.7 million according to auction house Christie’s.  The price beat the previous auction-price record for a diamond in its category by more than $10 million.  This is the diamond dealer’s first major purchase since they were acquired earlier this year [...]

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Sell Fine Art and Memorabilia at New York Loan Company

By   /  May 18, 2013  /  High End Pawn  /  No Comments

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Jordan Tabach-Bank, CEO of Beverly Loan Company, brings the expertise that comes from 75 years in the collateral lending business to newly opened New York Loan Company.  The collateral lending business will concentrate heavily not only on diamonds, gold jewelry and luxury watches but also on memorabilia and fine art.  Known as the pawnbroker to [...]

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