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Pawn Detroit

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Shopping Online for a Diamond? We’ll Beat Their Price!

By | Business, Uncategorized

Purchasing a diamond is a big decision — by limiting your shopping experience to the internet, there is no chance to “try before you buy”. In order to see that diamond you purchase online, you have to buy it…which increases the risk of fraud or ending up with an expensive item that you are unhappy with.

Find a stone that you want to buy online?

American Jewelry and Loan will set an appointment for one of our GIA Certified gemologists to show you comparable diamonds and/or jewelry pieces that are similar to what you find at online retailers. We will match the published price on a like-for-like stone. In the rare circumstance that we are unable to find exactly what you’re looking for and you end up purchasing the stone online after a consultation with one of our jewelers, we will pay you $100 (just show us the proof of purchase of that original online stone with specifications including cut and clarity).

Les and Seth Gold to Attend Oklahoma Pawnbrokers Association Annual Convention

By | Business

Dear Fellow Pawnbrokers–

 
Thank you for inviting us to join you at your annual convention in Tulsa! This will be the first visit to Oklahoma for each of us and we can’t wait to spend time with each one of you. We are looking forward to sharing the story of our 40 years of business, lessons learned, and our vision for the future. We are also excited to hear about YOUR experiences and insights into the industry! 
 
This unique opportunity for networking, education, and vendor exhibits all take place at the beautiful Hard Rock Hotel and Casino. We believe that events like this are invaluable for staying at the top of your game. The weekend kicks off with a golf tournament on Saturday, August 25th followed by a meet-and-greet and roundtable conversation from 4-8 pm. Then, we’ll be speaking on Sunday morning at 9am. We certainly hope you’ll join us and are honored by the invitation to join you. 
 
Thanks again–we’ll see you in Tulsa! 
 
Les and Seth Gold

 

 

Les and Seth Gold Receive NPA Award for Outstanding Community Relations

By | Business


The National Pawnbrokers Association (NPA) is pleased to name American Jewelry and Loan as the 2018 recipient of the NPA Outstanding Community Relations Award. Seth and Les Gold, of TruTV’s Hardcore Pawn, accepted the award at the Annual Awards Luncheon on July 10, 2018. The event was held at The Mirage in Las Vegas during Pawn Expo 2018, the only national convention and trade show for the pawn industry.

Celebrating 40 years of business in metro Detroit, American Jewelry and Loan has a long history of community involvement, which employs a three-tier strategy of business leadership, financial literacy, and charitable giving. Their Entrepreneurship Master Class provides low-cost training and mentoring to approximately 50 aspiring entrepreneurs. As volunteer mentors for Junior Achievement, the Golds give freely of their time to attend high school “Shark-Tank Style” pitches, offering business wisdom and insights as well as seed funds from “The Gold Bank.” As part of their commitment to workforce diversity, American Jewelry and Loan provides meaningful employment to adults on the autism spectrum.

The Golds recognize that financial literacy is an important priority for the Detroit region and have worked to help educate their customers and others about pawnbroking. Their “Financial Literacy for Alternative Lending Customers” course, now in its second year, represents a partnership with three national non-profit organizations and is the only one of its kind.

The Gold family is committed to supporting their community. Les frequently serves as a celebrity auctioneer and has raised $125,000 for Big Brothers Big Sisters and almost $300,000 for Winning Futures, a youth mentoring program. Seth served as Honorary Chair of the Wigs 4 Kids Gala. In addition to welcoming summer interns from The Jalen Rose Academy, American Jewelry and Loan contributed $10,000 towards the scholarship fund of this charter high school, which serves the children who live in the same neighborhood as their Detroit store. To celebrate the company’s 40th anniversary, they gave a $10,000 gift to Junior Achievement of Southeastern to establish ‘The Gold Bank’ which will fund the entrepreneurial endeavors of Detroit’s youth for generations to come.

 

 

Yahoo Finance: This ex-Googler pawned her 24-karat gold jewels

By | In the News

[from Yahoo Finance] This ex-Googler pawned her 24-karat gold jewels she inherited from her mother and sold some of her Google stock to launch her new

Chia-Lin Simmons doesn’t seem like the kind of person to launch a fashion-focused startup. “In my native form, I’m basically in a Google T-shirt and yoga pants talking to engineers,” Simmons told Business Insider.

And yet, Simmons is the founder of LookyLoo, an Oakland startup that is wholly centered on fashion. LookyLoo plans to use artificial intelligence to help women identify the proper fit while shopping for clothing, which would let women consult other women on the platform throughout the shopping process. Think of it as having an unbiased opinion at your fingertips when trying something on in a dressing room.

LookyLoo’s platform is in its infancy, with the app slated to go live across the US in September, but Simmons’ vision has already gotten some attention — she spoke at San Francisco Design Week in early June about AI’s role in the future of retail.

Simmons has yet to delve into funding rounds for her company, so no money has been raised yet. But to get the ball rolling on LookyLoo’s early development, Simmons sold some of her Google stock — and took the 24-karat gold jewels her mother had given her to a San Francisco pawn shop.

“This is how women founders move; we don’t get the benefit of the doubt,” Simmons said.

Simmons’ experience in tech spans more than 20 years. She’s held executive positions at Amazon’s Audible, Time Warner/AOL, and Samsung’s connected car business Harman before joining Google’s Play division in a global partner marketing role.

“Nobody turns down Google. They’re like the mafia,” Simmons said. “They call, you’re like ‘OK.’”

She and her two male cofounders, Rafael Saavedra and another who chose not to be named, have been around the block of Silicon Valley’s tech industry, a field known for being dominated by fresh-eyed and bushy-tailed 20-somethings.

“We’re not 22 and just graduated; we know what it means to build technology,” Simmons said.

She’ll kick off funding rounds for her company soon, but in the interim, she said she’s lucky to have been able to live off of her Google stock and the funds she made from her heirloom gold, a privilege unafforded to the majority of female founders in the startup territory.

“This is where most women’s businesses and startups fail, they don’t get that first vote of validation,” Simmons said.

 

 

Read full story: https://finance.yahoo.com/news/ex-googler-pawned-her-24-192958661.html

Contest: Know a great story of ‘Two Hearts One Journey’? We want to hear it!

By | from Staff

2018 marks the 40th Anniversary of American Jewelry and Loan. We’ve introduced The Lili Gold Signature Collection  as part of our celebration of this milestone.

The design, Two hearts. One Journey, celebrates the journey that Les describes in his New York Times Bestselling Book, For What It’s Worth: Business Wisdom from a Pawnbroker, which he dedicated to Lili.  In addition to sharing business wisdom, the book shares stories from the journey that they’ve shared.

Now, we want to hear other stories that fit into this same theme! Share a brief story (1,500 words or less) that either describes your personal journey or someone who authorizes you to share theirs, entitled “Two Hearts One Journey”. Add a compelling photograph and submit it via email to [email protected] between now and July 1, 2018. We’ll post the stories to our blog and social media channels and followers will vote for their favorite. Total ‘likes’ will be calculated alongside our judges’ scores in the following categories:

  • Fan favorite: 40 points
  • Message quality and originality: 20 points
  • Photo quality and originality: 20 points
  • Heartwarming story: 20 points

The three winners will receive a set from the collection: Small pendant, Set of Earrings, and Bracelet in Sterling Silver. Winners will be announced shortly after the contest ends, no later than July 30, 2018.  Click HERE for full contest details and requirements.

American Jewelry and Loan Named to ‘Best of Detroit’ List

By | Detroit Love

For the fourth year in a row, readers of HOUR Detroit Magazine have voted American Jewelry and Loan as the BEST place to buy electronics. We boast the largest selection of laptops, tablets, video games, kicker boxes, DJ equipment, speakers, televisions, and other electronics in the Metro Detroit area at our THREE locations in Hazel Park, Detroit, and Pontiac.  Rest assured, you can purchase with our easy payment terms including free layaway and easy financing. Protect your purchase with our exclusive warranty!

Contest: Share the Story of YOUR Journey!

By | from Staff

2018 marks the 40th Anniversary of American Jewelry and Loan. We’ve introduced The Lili Gold Signature Collection  as part of our celebration of this milestone.

The design, Two hearts. One Journey, celebrates the journey that Les describes in his New York Times Bestselling Book, For What It’s Worth: Business Wisdom from a Pawnbroker, which he dedicated to Lili.  In addition to sharing business wisdom, the book shares stories from the journey that they’ve shared.

Now, we want to hear the story of YOUR journey! Share a brief story (1,500 words or less) that describes your personal journey entitled “Two Hearts One Journey”. Add a compelling photograph and submit it via email to [email protected] between now and July 1, 2018. We’ll post the stories to our blog and social media channels and followers will vote for their favorite. Total ‘likes’ will be calculated alongside our judges’ scores in the following categories:

  • Fan favorite: 40 points
  • Message quality and originality: 20 points
  • Photo quality and originality: 20 points
  • Heartwarming story: 20 points

The three winners will receive a set from the collection: Small pendant, Set of Earrings, and Bracelet in Sterling Silver. Winners will be announced shortly after the contest ends, no later than July 30, 2018.  Click HERE for full contest details and requirements.

Contest Rules and Requirements

By | Uncategorized

Important: Please read these Official Rules (“Rules”) before entering the Share Your Journey Contest (the “Contest”). By entering Contest, you agree to be bound by these Rules.

NO PURCHASE NECESSARY TO ENTER OR WIN. VOID WHERE PROHIBITED

[Click HERE to return to the Main Contest Page]

CONTEST PERIOD: Entry begins Monday, May 14, 2018, 12:00:00 am Eastern Time (ET) and ends on July 1, 2018 at 12:00:00 am Eastern Time (ET). Winners will be announced shortly after the contest ends, no later than July 30, 2018.

ELIGIBILITY:  The Promotion is open only to residents currently residing in the United States (including DC), Puerto Rico, or Canada (excluding Quebec), who are at least eighteen (18) years of age (or the age of majority in their jurisdiction of residence) as of the date of their entry.

HOW TO ENTER: To enter the Contest, take the following steps during the Entry period:
•      First, write a brief story (1,500 words or less) that describes your personal journey (love, life, a unique experience—be creative). The theme of this story is “Two Hearts One Journey”
•      Second, include a high quality photo or scan that encapsulates the story.
•      Third, email your story (PDF or .docx format) and photo (JPEG) to [email protected] Alternatively, entries may be mailed to the following postal address (must be RECEIVED by the contest end date)
Two Hearts One Journey Story Contest
American Jewelry and Loan
20450 Greenfield Road
Detroit, MI 48235

Mailed submissions must also include current contact information.

•      Only submissions posted during the contest period will be eligible to win.

PUBLICITY RELEASE:  Contest Entry will be reviewed by Sponsor or Sponsor’s designated Contest administrator (“Administrator”), and may be removed if deemed inappropriate. By entering the contest, participants agree to give Sponsor permission to use the name, likeness, image, voice, and/or appearacnce as such may be embodied in any pictures, photos, video recordings, audiotapes, digital images, and the like, taken or made on behalf of the contest entry. Entrants agree that Sponsor has complete ownership of contest materials including the entire copyright and may use them for any purpose consistent with standard best practices of social media and publicity.

CONTEST JUDGING AND WINNER SELECTION:  Between the close of the Entry Period and June 1, a panel of judges comprised of representatives of the Sponsor at their sole discretion (together, the “Judges”) will evaluate and score all eligible entries submitted during the Contest Period. Judges will select three (3) Potential Winners from all eligible entries, based on the judging criteria below. The ‘Fan Favorite’ will be determined by Social Media LIKES on the Sponsor channels including Instagram, Facebook, and others.
Fan favorite: 40 points
Message quality and originality: 20 points
Photo quality and originality: 20 points
Heartwarming story: 20 points

Sponsor will make up to two (2) attempts within three (3) business days to contact the Potential Winner by sending an email to the email address provided during the submission process. If any Potential Winner does not meet the eligibility criteria or fails to respond to notification attempts with required information, that entry will be disqualified and an alternate Potential Winner will be selected.  All decisions of Sponsor relating to the Contest are final.

PRIZES: There will be three Grand Prizes awarded, one for each of the top three entrants. The prize will be a set: one bracelet, one set of earrings, and one small pendant necklace, from the Lili Gold jewelry collection in Sterling Silver valued at $225. Prizes are provided by Sponsor.

PHOTO CRITERIA:  Photo submissions must include full usage rights. You may provide multiple photos with your submission. Any photo will be disqualified that contains material that, in the sole discretion of Sponsor:
• Communicates messages or images inconsistent with the positive images and/or good will to which Sponsor wishes to associate.
• Disparages any person, company, or products.
• Violates or infringes upon the copyrights, trademarks, or privacy, property, publicity or other intellectual property rights of any person or entity not affiliated with this Contest.
• Contains any personal identification, such as personal names or e-mail addresses.
• Promotes alcohol, illegal drugs, tobacco, firearms/weapons (or the use of any of the foregoing).

By submitting an entry, you hereby consent to Sponsor’s use of the entry in their internal communications and publications, in social media and other marketing platforms.  You also confirm that any people and/or the owners of any animals who are featured in the photograph(s) gave permission for you to take the image(s) and do not object to your, or Sponsor’s use of the same for commercial purposes.

GENERAL CONDITIONS:  Sponsor is entitled to interpret these rules as needed, and the decision of Sponsor is final.  If any portion of the Prize is not available, Sponsor will award a prize, or portion thereof, of equal or greater value.

CANCELLATION: Sponsor is entitled to cancel the contest, in whole or in part, due to lack of participation or fewer than 20 qualifying entries.

GENERAL LIABILITY: Participants agree that the Sponsor (a) shall not be responsible or liable for, and you hereby release the Sponsor from, any claims, losses, damages or injuries of any kind (including death, to persons, property and/or pet(s)) resulting, in whole or in part, directly or indirectly, from participation in the Contest or any Contest-related activity, or from acceptance, receipt, possession and/or use/misuse or inability to use a prize; and (b) to the maximum extent permitted by law, have not made any warranty, condition, representation or guarantee, express or implied, in fact or in law, with respect to a prize, including, without limitation, to such prize’s quality or fitness for a particular purpose. The Sponsor shall not be liable for any injury, damage, loss, expense, accident, delay, inconvenience or irregularity that may be caused or contributed to (a) by any wrongful, negligent or unauthorized act or omission on the part of any of their agents, servants, employees or independent contractors; (b) by any wrongful, negligent or unauthorized act or omission on the part of any other person or entity not an employee of the Sponsor, or (c) by any other cause, condition or event whatsoever beyond the control of the Sponsor, including postal service delays. Failure of Sponsor to enforce any provision herein shall not be deemed a waiver of such. Sponsor reserves the right to modify these Rules for clarification and/or administration purposes without materially affecting the terms and conditions of the Contest.   The Sponsor assumes no responsibility for computer problems that make it difficult or impossible for you to enter the Contest, or to respond to notifications. Sponsor reserves the right in its sole discretion to cancel, suspend, modify or amend this Contest, in its entirety or in part, for any reason, including should virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or other causes corrupt the administration, security, fairness, integrity or proper play of the Contest. Sponsor reserves the right at its sole discretion to disqualify any individual it suspects to be tampering with the entry process or the operation of the Contest. If any part of these Rules is determined to be invalid or unenforceable pursuant to applicable law, then the invalid or unenforceable provision will be deemed superseded by a valid, enforceable provision that most closely matches the intent of the original provision and these Rules shall continue in effect.

DISPUTES: All issues and questions concerning the construction, validity, interpretation and enforceability of these Rules or the rights and obligations of participants or Sponsor in connection with the Contest shall be governed by and construed in accordance with the laws of the State of Michigan in the United States, without regard to conflict or choice of law provisions, or international treaties or conventions. Participants specifically agree to the venue and jurisdiction being exclusively in the federal and state courts situated in Wayne County in Michigan, United States.

COPYRIGHT NOTICE: The Contest and all accompanying materials are copyright 2018 by the Sponsor. All rights reserved

SPONSOR: The Sponsor of the Contest is American Jewelry and Loan, 20450 Greenfield Road, Detroit, MI. 48235. More information can be found at www.pawndetroit.com.

 

[Click HERE to return to the Main Contest Page]