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In the News

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:

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.”

 

Les and Seth Gold chat with the Points Guy to share holiday travel tips.

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.

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/]

 

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/

 

 

 

 

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.

Meet Les Gold in Plymouth, Indiana

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Les Gold will visit P & N Pawnshop’s Plymouth, Indiana location on Friday, October 28th from 2 until 4pm. P & N Pawnshop is located at 1842 West Jefferson Street. This event is free and open to the public.

Later, Les will be a featured guest at a VIP Dinner event for supporters of United Way of Marshall County where Les will share his story with attendees as well as insights to his family’s business and lessons that he’s learned in nearly 40 years as a pawnbroker. The event will feature an auction and book signing.

Les is a third generation pawnbroker who works alongside his son Seth at American Jewelry and Loan, located in the heart of Detroit. Their store has been the subject of truTV’s top-rated show, Hardcore Pawn which has broken numerous audience records and averaged nearly three million weekly viewers in the US.

“I first met the owners of P&N Pawnshop at a professional event and now I’m really looking forward to meeting their customers” Les said. “They’re a great resource to the people of Plymouth.” Fans will have the opportunity to visit with him, take photos and grab an autograph while taking advantage of specials and discounts on merchandise at the store.

“When you do business with P&N Pawn, you’re doing more than just getting the cash that you need for your gold, jewelry, and other valuables, you’re also supporting a locally owned business and keeping that money in the community” said co-owner Sue Firebaugh.

Local residents are encouraged to RSVP at the Facebook event page or learn more at www.pnpawnshop.com.

Seth Gold, vice-president of American Jewelr7 & Loan, named to Crain's Detroit 40 Under 40.

Seth Gold Named to Crain’s 40 Under 40

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[from Crain’s Detroit] Seth Gold did not always see his family’s past as his future. The vice president of American Jewelry and Loan and star of TV’s “Hardcore Pawn” said he was adamant that he would not be a pawnbroker. But at the end of college, where he was majoring in psychology, he had a change of heart.

“I realized we help a lot of people. Going to the bank is not an option for everyone. There are 25 million people in the United States who don’t have bank accounts. We are a bank to those people,” said Gold, noting that 80 percent to 90 percent of customers are able to eventually come back for the merchandise they pawned.”

Read the full article at www.crainsdetroit.com.

Seth has chosen the Jalen Rose Academy as his designated charity–please donate today!

Brandon Steiner: King of Sports Memorabillia

Brandon Steiner: Having What’s Next Mindset Key To Being Successful Entrepreneur

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CBS Sports: My family and I own a pawnshop in Detroit called American Jewelry and Loan. This has given us the distinct opportunity to obtain some of the rarest and unique pieces of sports memorabilia on the market. On our podcast Gold Tone, we try and ask each guest about what they collect, so it was an instant match when we welcomed the CEO of Steiner Sports, Brandon Steiner who’s widely considered the King of Sports Memorabilia.

Steiner had some great business advice and talked with us about the importance of having a ‘What’s Next’ mindset. Steiner says, “In order to be busy and effective you gotta think less about what’s immediately in front of you, but more about what’s ahead for you

“Having a ‘what’s next’ mindset is key to being a successful entrepreneur,”

Read the full story at cbssports.com