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Colored Diamonds and Loose Gems Bring in $5 Million at Heritage Auctions

By   /  May 30, 2015  /  Home, Jewelry  /  No Comments

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Original article from forbes.com Auction season is in full swing and some of the finest baubles are selling for prices that clearly define them as anything but baubles. At the New York three-day luxury sale at Heritage Auctions, jewelry sales reached nearly $9 million – with several important pieces selling for more than half a [...]

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By   /  May 29, 2015  /  Pawn News  /  No Comments

Entertainment and Sports Awards

Beverly Loan Company, commonly referred to as the Pawnshop to the Stars, is the longest standing pawnshop in Beverly Hills, specializing in pawn loans against gold, diamonds, jewelry and fine watches.  This collateral lending institution has also made thousands of pawn loans on exceptional pieces of memorabilia in the past 75 years. While the majority [...]

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Crocodile Bags, Romanee-Conti, Gutai Art Lead $270 Million Christies Auction

By   /  May 29, 2015  /  High End Pawn  /  No Comments

hkBag

Original article on bloomberg.com   Christie’s International Plc is offering about HK$2.1 billion ($271 million) worth of art, Romanee-Conti wine, a pink diamond and crocodile Hermes handbags in Hong Kong. The five-day marathon at the Hong Kong Convention and Exhibition Center kicks off with wine sales Saturday, featuring the top lot of a 12-bottle case [...]

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Gold Steady Near $1,200 as Interest Rate Outlook Boosts Dollar

By   /  May 27, 2015  /  Gold Price  /  No Comments

preciousGold

Original article on bloomberg.com Gold prices traded little changed slipped as prospects for the first U.S. interest rate increase since 2006 helped to push the dollar to a one-month high. Silver and palladium declined. Federal Reserve Chair Janet Yellen said she expects to raise rates this year if the economy meets her forecasts. Inflation is moving toward [...]

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Swiss Luxury Watchmaker IWC Unveils Smart Strap For Regular Watches

By   /  May 22, 2015  /  High End Pawn, Home  /  No Comments

iwc-connect

Original article from techtimes.com IWC Schaffhausen is prepping up to gain space in the growing world of smartwatches by unveiling a device aptly called IWC Connect. The device is designed to be attached to the company’s mechanical sports watches so users can track their activities and connect with other devices. The inspiration behind the making [...]

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Diamonds – The Lore & Legends

By   /  May 21, 2015  /  Pawn News  /  No Comments

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The jewelry industry, including New York Loan Company, owes much of its success to diamonds and diamond jewelry. The complicated and fascinating history behind these stones has intrigued millions over the centuries, including the gemologists at New York Loan and its sister store Beverly Loan Company. To understand why diamonds are as popular as they [...]

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

By   /  May 19, 2015  /  International Pawnbrokers, Pawn News, Pawn Shops  /  No Comments

hermesbag

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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Gold prices: Bullion to benefit from likely financial markets volatility

By   /  May 19, 2015  /  Gold Price  /  No Comments

gold2

Original article from ibtimes.co.uk Analysts are unsure as to how gold prices will move next week and expect bullion to take its cues from the financial markets, where any sign of volatility could help boost the metal’s safe-haven status. Analysts will be tracking the Bank of England’s (BoE) interest rate decision alongside GDP data from [...]

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Picasso painting sets world record at auction

By   /  May 12, 2015  /  Collectibles, High End Pawn, International Pawnbrokers  /  No Comments

Spring Art Auctions Preview

Origianl Article found on nypost.com Photo: Pablo Picasso’s “Women of Algiers (Version O)”Photo: AP Collectors with money to burn set world records at Christie’s in Midtown on Monday as two works of art fetched astronomical amounts on the auction block. The records started falling when Pablo Picasso’s “Women of Algiers (Version O)” sold for $179 [...]

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Is My Jewelry Estate? Vintage? Antique? What is the Difference?

By   /  May 7, 2015  /  Pawn News  /  No Comments

beverlyhillsantiquejewelry, beverlyhillsvintagejewelry

Beverly Loan, Beverly Hills’ premier pawnshop, makes collateral based loans on preowned jewelry from all time periods.  Often the terms vintage, estate and antique are used interchangeably; however, in the jewelry industry there can be significant differences between the three expressions – and considerable price differences. Estate jewelry is defined as jewelry that has been [...]

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