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From MrandMrsSmith.com: A guide to pawn shopping in New York City with Gold Girl

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[Originally posted at the WordSmith blog] If you’ve been on a shopping trip to New York City, no doubt institutions like Bergdorf’s, Bloomindale’s and Barneys ring a bell. We are at none of those places; we’re not even in the same borough. Instead, we’re at a pawnshop in Queens and the 28-year-old woman oohing and ahhing over the accessories not only selected many of the items for sale in this store (EZ Pawn at 42-27th Street in Long Island City), she’s part of a 14-store NYC pawn empire founded by her father, David Kaminsky. Also, her name is Gold Girl – well, by reputation, at least.

Lauren Kaminsky Goldman (aka ‘Gold Girl’) is the woman responsible for making pawnshops cool, chic even, and Beauty & Essex – the restaurant, bar and nightclub with retro appeal – is the place where it happened. Back when the Manhattan eatery opened in 2010, it got noticed for two reasons: 1) they serve free champagne in the ladies’ bathroom (hard not to notice that) and 2) patrons enter through a fully functioning pawnshop with vintage guitars, vinyl and jewellery that’s often displayed on Barbie and Biggie Smalls dolls.

Goldman started stocking the shop at Beauty & Essex in spring 2011, creating an environment and aesthetic that would distance her operation from the traditionally seedy stereotypes of pawnshops. Then, when the restaurant launched a location in Las Vegas last year, Goldman once again brought the vintage baubles. Now, with a Beauty & Essex opening in Los Angeles next month (in addition to a Hollywood outpost of Tao, which is owned by the same company), the pawn princess will bring her curatorial prowess to the West Coast.

Read the full blog post here: https://blog.mrandmrssmith.com/a-guide-to-pawn-shopping-in-new-york-city

Speaker Spotlight: Tonya Acha Entrepreneurship Oakland Master Class

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Together with the Pontiac Regional Chamber, American Jewelry and Loan is honored to host Entrepreneurship Oakland Master Class. Tonya Acha joins our distinguished panel. She is a reTonya Web Res-2ferral marketing expert with Asentiv, formerly Referral Institute, helping 100’s of people generates millions of dollars every year for her clients through a variety of marketing strategies.

Tonya’s passion for networking, coaching and presenting has been instrumental in helping nearly 1000 business people to form thriving relationships and businesses every year. She has over 30 years’ experience in business, working with multi-million dollar companies and CEO’s to develop successful teams and productive marketing plans to increase sales and strengthen relationships with current clients and deepen loyalty for their brand for a total marketing experience.

As an entrepreneur herself, she understands the importance of shaping relationships to leverage successful strategies for increased performance.

She savors spending time with her family, Dave, Jonathan, Andrea, and her grandson Grayson. She loves to travel, entertain, and sampling fine wine. What is important to Tonya is creating the life that allows her and others to be fortunate enough to enjoy every day to the highest degree.

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Hollywood Pawn Shops for Variety

Variety Magazine: Academy Rules Can’t Stop Pawn Shop Oscar Sales

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Check out this article featuring our friends at Beverly Loan Company:

[From Variety magazine] On the third floor of a nondescript Beverly Hills office building, past an armed security guard and beyond a glass case full of diamond jewelry, is a gleaming Academy Award. But this trophy wasn’t awarded to any of the staff, or to anyone related to them. This Oscar was pawned.

Beverly Loan Co., “the pawnshop for the stars,” has been drawing the Hollywood set since 1938. The upscale, family-owned and -operated pawnshop specializes in high-end jewelry, watches, fine art, and entertainment memorabilia such as the occasional Oscar.

Jordan Tabach-Bank is the shop’s third-generation pawnbroker. He has thick dark hair, a bright smile, and eyes that gleam with well-kept secrets. One such secret is a coveted Oscar that he says is “particularly unbelievable,” and although he can’t reveal the famous honoree, he spills that it belonged to a late director-producer whose family has kept it as an heirloom.

“They have been fortunate enough to be able to use it when they find themselves in a crunch,” Tabach-Bank says. “It’s difficult to get a bank loan in today’s climate, it really is, and one nice thing is, if you come in with that Academy Award, we can give you easily $50,000. For this particular award, $100,000 was a no-brainer.”

Pawnshops, of course, allow customers to use their valuables as collateral in exchange for a loan. Tabach-Bank says he offers on-the-spot loans in cash or wire, with no credit checks, no loan committee, and a boilerplate agreement. This is standard practice for pawnbrokers. When the customer pays back the loan, with interest, he returns the merchandise. If a client doesn’t pay back the loan, however, the pawnbroker will hold on to the merchandise and can resell it. Tabach-Bank says his clients often pawn the same piece several times, and the majority redeem their goods.

 

 

Read the full article at Variety magazine.

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Fox 2: It’s the Season to Splurge!

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Whether it’s a meaningful Valentine’s Day gift, a Red Carpet look you’d like to emulate, or bridal jewelry, American Jewelry and Loan is the best place to SAVE WHILE YOU SPLURGE!

Les Gold recently visited the Fox News studios in Detroit to share some GIA Certified diamond engagement rings, luxury handbags, and other incredible pieces from our collection. Check it out:

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Les and Seth Gold to Deliver Keynote at Pawn Convention

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JUST ANNOUNCED: Les and Seth Gold will deliver the Keynote Address at the 2017 Midwest Pawnbrokers Convention in Franklin, Tennessee. “So much has happened since Les and Seth delivered the keynote address at the 2016 convention, we’ve asked them to come back and take a look back at one of pawnbroking’s most memorable years. Join them as they share the one thing that they say is the secret to their family’s success.”

 

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Holiday Travel? Les and Seth Gold chat with The Points Guy

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[Read the full article at ThePointsGuy.com]: Les and Seth Gold, the stars of truTV’s popular show “Hardcore Pawn,” reveal what it’s like to face a stomping, snorting rhino, what to do when you accidentally fly to the wrong Portland and how to book your dream vacation with points and miles.

Got any good packing tips?

Les: We do a lot of three-day events so we learned to take it all in a carry-on. Get toiletries when you land — a lot of those are free at the hotel. Take advantage of that and do all that you can not to slow yourself down.

Are you a points guy?

Seth: Yes. We’re very loyal and that’s how you earn points. Some people like to accrue points with many different cards. Keep it simple. I rack up points and I take trips with my Medallion [status from Delta]. Stay with one card and take advantage, that’s the way to do well with points. Loyalty pays off. You can have the vacation of a lifetime if you use your points and you pay attention.

How often do you fly?

Seth: A couple times a month.

How often do you use your frequent flier miles?

Seth: As much as I can. They may be worth more now than later. What if changes are made and more points are required for a trip a year from now? What if rules change? I look for upgrades with my points.

What’s in your wallet?

Seth: My Delta American Express card.

What’s the best trip you’ve ever taken?

Les: I went to Kruger National Park in South Africa and it’s my favorite trip ever. My wife and I got up at 4:00am to go on safari. It was the most amazing thing seeing animals in their natural habitat. Seeing a cheetah walking in the jungle and a pride of lions was just incredible. The crazy thing is that you’re always in jeopardy when you’re in the animal’s habitat.

What was the scariest situation?

Les: A snorting, stomping rhino was in front of our car with two female rhinos. That was pretty scary.

What did you do?

Les: Our driver backed up very carefully. You never know what can happen when you’re in the wild. You read about what has happened to some tourists on safari. Bad things can happen.

Any travel horror stories?

Seth: I was going to sleepaway camp in Portland, Maine, when I was in the seventh grade and had to catch a flight from Detroit to Chicago, where I made my connection. I was hurried onto a plane with some buddies going to camp. I thought everything was fine until I heard the pilot say we’re crossing the Mississippi River. I thought we were maybe taking a different route due to weather, but when the pilot came on later and said, ‘we’re flying over South Dakota,” I knew we were in real trouble.

What happened?

Seth: We were kids and we just dealt with it. We were treated to dinner and flew back to the right Portland. It was more of an issue for everyone’s parents. It’s an example of how things can go wrong at an airport. If something like that happens to you, just enjoy the experience. You can’t do anything about it.

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Detroit Free Press: TV’s ‘Hardcore Pawn’ holds talk on money-saving tips

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[From Detroit Free Press]: The cable TV reality show “Hardcore Pawn” — located in the heart of Detroit’s 8 Mile — likes to refer to its pawn business as “the working man’s bank.”

“People come in because they don’t have the opportunity to go to the bank and draw money out of their account. They use us to make ends meet,” said Seth Gold, vice president of American Jewelry and Loan, the pawn shop featured in the show.

“We’re dealing with real people,” he said. “We deal with about 1,000 people everyday.”

Real people with real money woes aren’t sure where to turn when juggling bills. Too often, the easy options only dig you into a deeper hole. But American Jewelry and Loan invited in some nonprofits who serve cash-strapped consumers to offer advice during a “first annual” financial literacy program.

The audience sat in the middle of the pawn shop, not far from the flat-screened TVs, jewelry counters and furs. Speakers represented GreenPath Financial Wellness, Operation HOPE and Junior Achievement of Southeastern Michigan. 

[Read the full article at Freep.com: http://www.freep.com/story/money/personal-finance/susan-tompor/2016/11/03/pawn-alternative-banking-cash/92845706/]

 

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Right About Money Blog–Go Figure: ‘Hardcore Pawn’ Shop Offers Financial Education

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[From Right About Money Blog]: Seth Gold has seen a lot of struggle. His family has been in the pawn shop business since the 1940s, and in the past six years the Golds have chronicled the buying and selling of peoples’ stuff at his American Jewelry and Loan on the TruTV reality show Hardcore Pawn. Beginning this week the family has one more thing to offer: lessons in credit management and other aspects of personal finance.

Gold’s Detroit pawn store is teaming with Junior Achievement of Michigan, Greenpath Financial Wellness and Operation HOPE to host a financial education seminar. This is a one-time event. But Gold expects they will repeat it in the future and maybe even turn into a regular feature. “The response to this idea has been outstanding so far, and I hope to continue doing what we’re doing,” Gold said. “This is really just the beginning.”

Pawn shops are part of an alternative financial world that includes payday lenders, as well as more shadowy credit operations. They are popular with the unbanked, whose ranks total 20 million adults in the U.S., according to the Federal Deposit Insurance Corp. The number is even higher–40 million–according to an estimate from Operation HOPE, which puts the number globally at 2.5 billion.

Read the full article at Right About Money Blog: http://www.rightaboutmoney.com/go-figure-hardcore-pawn-shop-offers-financial-education/

 

 

 

 

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Celebrating Crain’s 40 Under 40 Class of 2016

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Crain’s Detroit Business celebrated the 25th anniversary of Crain’s 40 Under 40. Since 1991, Crain’s has gathered 40 of the community’s overachievers for a special salute. The winners have started companies, found success at a young age at established businesses and made nonprofits stronger. The event brought together the current class with colleagues, clients, family and friends to celebrate this achievement. See photos of the event at www.crainsdetroit.com.

We congratulate Seth Gold on being a member of the class of 2016!

American Jewelry & Loan hosts a financial literacy workshop for customers.

Financial literacy seminar helping people make smart money decisions

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WXYZ: A financial literacy seminar taking place Tuesday is meant to help people understand how to make smart decisions about money.

You usually don’t go to a pawn shop to get a financial lesson, but American Jewelry and Loan is trying to help people better understand their money.

Seth Gold said, “People think it’s kind of weird that a pawn shop would host a financial literacy course. So the first reaction is kind of surprise.”

Read the full story at www.wxyz.com.