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

By   /  November 13, 2017  /  Featured Press, Pawn News  /  No Comments

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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

By   /  November 8, 2017  /  Featured Press, Pawn News  /  No Comments

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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

By   /  November 8, 2017  /  Featured Press, Pawn News  /  No Comments

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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

By   /  October 17, 2017  /  Featured Press, Pawn News  /  No Comments

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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

By   /  October 17, 2017  /  Featured Press, Pawn News  /  No Comments

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“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

By   /  October 6, 2017  /  Featured Press, Pawn News  /  No Comments

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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

By   /  October 6, 2017  /  Featured Press, Pawn News  /  No Comments

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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

By   /  October 6, 2017  /  Featured Press, Pawn News  /  No Comments

Coins

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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Part 1: Three of the Most Expensive Coins

By   /  October 6, 2017  /  Featured Press, Pawn News  /  No Comments

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To coin collectors and aficionados, many coins are worth far more than their intrinsic platinum, gold or silver value and in some cases can demand millions depending on their rarity and condition. Below are just three of the most famous coins in the numismatic world. 1850-dated Liberty Head Double Eagle The Liberty Head double eagle, also [...]

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Famous Watches – Celebrity Owned and Inspired

By   /  November 12, 2016  /  Featured Press, Pawn News  /  No Comments

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Luxury watch brands have been endorsed by actors, athletes, and prominent figures for decades. Unlike the standard celebrity and brand partnership, high-end watch manufacturers refer to their endorsers as “brand ambassadors”. Luxury watches, and celebrity endorsed watches, are consistently used as collateral for a pawn loan with New York Loan Company, Manhattan’s only high-end pawnshop. Some [...]

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