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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

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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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Pawn shop buys rare Pres. Lincoln document

By   /  April 17, 2015  /  Collectibles, Pawn News, Pawn Shops  /  No Comments

Original article from turnto23.com If you’re looking for a rare collectible item, the Gold and Silver Trading Company on Union Ave may have exactly what you’re looking for. But that’s not all, you can find everything from lawn mowers and tools, to rare coin’s and sports memorabilia. “Basically, anything we think is cool we will [...]

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eBay Begins Streaming Live Sotheby’s Auctions

By   /  April 11, 2015  /  High End Pawn, International Pawnbrokers, Pawn News, Pawn Shops, Pawn TV  /  No Comments

Original Article from nytimes.com The buildup was intense. Since July, when Sotheby’s struck a deal with eBay to have its auctions carried live, the marriage of the blue-blood auction house to the blue-collar online retailer had generated tingles of anticipation. But on Wednesday, when eBay streamed Sotheby’s auctions for the first time, the event could not have been more [...]

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Pawn to cushion payday lenders from regulatory blow

By   /  April 9, 2015  /  Pawn News, Pawn Shops  /  No Comments

Original article found on reuters.com (Reuters) – Payday lenders that have substantial pawn operations are better positioned to absorb the blow from proposed U.S. regulations aimed at cracking down on an industry that has been criticized for saddling borrowers with debt they cannot repay. The Consumer Financial Protection Bureau has proposed a number of guidelines [...]

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Reality TV burnishes image of the neighborhood pawn shop

By   /  April 8, 2015  /  Pawn News, Pawn Shops, Pawn TV  /  No Comments

Reality TV And It’s Positive Effect on the Image and Industry of Pawn Shops Original article on reuters.com  (Reuters) – After centuries on the fringe of consumer finance, the neighborhood pawn shop is pushing its way toward the mainstream, thanks to the power of reality television and the long arm of government regulation. The History [...]

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Pawnbroker Report Trends & Steady Industry Growth

By   /  April 3, 2015  /  Pawn News, Pawn Shops  /  No Comments

Pawnbroker Report Trends & Steady Industry Growth Original Article At: nationalpawnbrokers.org The National Pawnbrokers Association (NPA) today announced the results of the NPA 2015 Trend Survey that assesses how changes in the U.S. economy have affected the pawn industry since the beginning of 2014. Findings of the survey demonstrate conservative growth within the industry over [...]

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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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Cash America Expands its Texas Presence

By   /  June 28, 2013  /  Pawn Shops  /  No Comments

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Cash America has acquired a 41-store chain of pawn shops primarily under the name of Top Dollar Pawn and owned by TDP Superstores Corp.  President and CEO of Cash America said, “We are excited about this opportunity to further expand Cash America’s pawn lending business in the State of Texas. This group of 41 stores [...]

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Business Advice from a Pawnbroker

By   /  June 19, 2013  /  Pawn Shops  /  No Comments

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Pawnbroker and reality television star Les Gold started his business in a store you could barely turn around in and now he has a warehouse, a hit TV show and recently had a book published.  Gold has business advice that he says can apply to more than just pawnbrokers.  First he says sales success comes [...]

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Consignment Shop Turns Pawn Shop to Defeat Competition

By   /  June 18, 2013  /  Pawn Shops  /  No Comments

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When Alicia de Najera Sena opened a consignment store in 2000 there was almost no competition for her business.  Thirteen years later, Sena says consignment stores are everywhere.  In order to beat the competition, Sena knew she needed to try something new, so she decided to turn her consignment store into a pawn shop.  She [...]

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