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Pawn Shops: New Image for an Old Industry

By   /  July 30, 2013  /  Pawn Shops  /  No Comments

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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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New York Loan Company and a History of Gold

By   /  July 30, 2013  /  Gold Price, High End Pawn  /  No Comments

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The history of gold is long and complicated.  First used by the Eyptians, gold became even more significant from the 19th to the 21st century as gold rushes took place in the United States.  Since it was first discovered gold has been an important commodity and shows no signs of going anywhere.  Jordan Tabach-Bank, CEO [...]

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The Effect of Lower Gold Prices on Pawnbrokers

By   /  July 29, 2013  /  Gold Price  /  No Comments

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For many people who can’t get loans from the bank anymore, their local pawn shop is the answer.  They are a lot easier to get – no credit checks, no applications, all that’s needed something of value.  One of the most popular assets pawned is gold.  Gold in the pawn shop world is similar to [...]

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Investing in Diamonds

By   /  July 26, 2013  /  Jewelry  /  No Comments

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Diamonds, once a status symbol or a fad, are now also an investment asset.  These days many people are choosing to invest in colored diamonds.  As with any investment, it’s important to be an informed investor.  You want to choose the colored diamonds that are most likely to appreciate higher in value.  These are pink, [...]

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NPA presents Seth Gold with “Pawnbroker of the Year” Award

By   /  July 18, 2013  /  Pawn News  /  No Comments

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The National Pawnbrokers Association named Seth Gold of Hardcore Pawn as “Pawnbroker of the Year” for 2013.  Seth received his award at the 2013 Pawn Expo on July 17, 2013 held at the Cosmopolitan of Las Vegas.  “Seth Gold and the team at American Jewelry & Loan have forged new paths for the pawn industry [...]

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Collateral Lenders Meet Needs of Small Businesses

By   /  July 17, 2013  /  Collateral Loan  /  No Comments

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Small-business loans are on the rise, however, the size of the loans is shrinking according to data from the U.S. Small Business Administration’s Office of Advocacy.  The new numbers suggest that small business owners are wary about taking on more debt, and also that banks are still in recovery form the financial crisis.  “Banks are [...]

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High-end buyers protect the culture of fine art

By   /  July 13, 2013  /  Collectibles  /  No Comments

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High-end art is one of the most manipulated markets in the world, but this isn’t necessarily a bad thing. Keeping the market exclusive may mean that very wealthy people may occasionally overpay for art, but it also means that these artists are able to grow and develop as artists.  Galleries set tastes and prices.  It [...]

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Avoiding Fake Sports Memorabilia

By   /  July 12, 2013  /  Collectibles  /  No Comments

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Most people never get the chance to get an autograph in person from their favorite sports star, so instead they go shopping.  Fans love to collect sports memorabilia, however many have been disappointed to learn what they purchased was not the real thing. In fact it’s becoming a growing problem.  Dan bought his son an [...]

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New York Pawn Shop to the Stars Loans on Luxury

By   /  July 12, 2013  /  Pawn News  /  No Comments

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New York Loan Company, Manhattan’s premiere pawn shop opened this month after operating its sister location, Beverly Loan Company, in Beverly Hills for over 75 years. This family owned collateral lending institution, known as the “pawn shop to the stars,” caters to those who require a confidential short-term cash infusion ranging from $500 to well [...]

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Rare Fancy Diamonds Gaining Popularity

By   /  July 12, 2013  /  Jewelry  /  No Comments

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Beverly Loan Company sees all types of diamonds and colored stones, but some of the most beautiful are the fancy colored diamonds.  Colored diamonds are so rare they have been dubbed “Miracle Diamonds,” and they are more popular than ever.  Fancy colored diamonds occur when a minor defect in the growth process  alters the color.  For [...]

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