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What Are Fancy Colored Diamonds and Why Should I Buy One

By   /  July 8, 2013  /  Jewelry  /  No Comments

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At Beverly Loan Company, we make pawn loans against all types of diamonds and colored stones, some of our most beautiful and treasured pieces are fancy colored diamonds. Not only are colored diamonds more popular than ever, but they are so rare in nature that they have even been dubbed “Miracle Diamonds”. Fancy colored diamonds [...]

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Hardcore Pawn Visits New York Loan Company

By   /  July 8, 2013  /  Pawn TV  /  No Comments

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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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Pawn Shops Hit Hard by Drop in Gold Price

By   /  July 5, 2013  /  Gold Price  /  No Comments

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Pawn shops alongside investors and big gold miners are feeling the sting of falling gold prices.  Stores that buy gold or accept it as collateral for short-term loans know they are taking a risk on movements in the gold price, and they factor that risk into the prices offered.  Large drops in the gold price, [...]

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High-end pawn shops solve small business cash crunch

By   /  July 5, 2013  /  Pawn News  /  No Comments

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(Reuters) – When Marc Kaye needed a loan to fund his boutique insurance firm at a time when payroll, his kids’ college tuition and a mortgage payment were all draining his cash reserves, he didn’t go to a bank. Instead, he pulled a 1940s Picasso pencil drawing off his living room wall and made an [...]

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Canadian Diamond Mine has Bright Outlook

By   /  July 5, 2013  /  Jewelry  /  No Comments

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Mountain Province Diamonds says its Gahcho Kue mine holds much more of the rare gems than had previously been estimated.  The Canadian site holds an estimated 12 pc more indicated diamond resources and up to 80pc more inferred resources, which brings the indicated resources to 56.6m carats and inferred resources to 18.5m carats.  DeBeers is [...]

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Diamond Market Facing Difficult Third Quarter

By   /  July 5, 2013  /  Jewelry  /  No Comments

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Certified polished diamond prices fell in June as cutting centers came under financial pressure.  The RapNet Diamond Index ((RAPI™) for 1-carat diamonds fell 0.6 percent, 3-carat diamonds declined 0.5 percent and 0.50 diamonds fell 0.7 percent. The RAPI for 0.30-carat diamonds dropped 1 percent after a very strong uptrend for the first five months of [...]

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The Fall of the Gold Price

By   /  July 5, 2013  /  Gold Price  /  No Comments

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It’s been a difficult year for investors who were counting on gold and silver to keep them safe as gold and silver related funds have lost more than 20 percent of their value during the first six months of this year.  Fear drove people to precious metals during the financial crash.  Investors poured money into [...]

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Pawnbroker donates Guitar to Veteran

By   /  July 5, 2013  /  Pawn News  /  No Comments

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Willie Walker coped with stress by playing his guitar.  A wheel-chair bound WWII Army Veteran and resident at the Durham VA, Willie played for the staff and other veterans regularly.  It was therapy for Willie and his listeners. When his guitar was tragically broken, Willie was heartbroken.  Pawnbroker Bob Moulton, CEO and President of National Pawn [...]

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Will Jewelers See Increased Sales as Millennials Head to the Altar?

By   /  July 3, 2013  /  Jewelry  /  No Comments

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With the economy on the mend, some analysts predict more members of the millennial generation will decide to head to the altar.  This prediction is good news for jewelers after a recent report that the marriage rate is at an all-time low with about 6.8 marriages per 1,000 people.  Demographic Intelligence’s data forecast 2.168 million [...]

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Gold Price Decline causes Ezcorp to Miss Forecasts

By   /  July 3, 2013  /  Gold Price  /  No Comments

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Ezcorp reports that it expects to miss its third-quarter 2013 forecasts due to the sliding gold price.  The pawn store operator is anticipating reduced earnings for the second half of the fiscal year by 35 cents or more.   CEO Paul Rothamel reports the company is planning to diversify its business in order to protect against [...]

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