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Scavenger Hunt

By | from Les Gold, from Seth Gold, Latest posts, Uncategorized

Finding High-Value Pawn Items

We all need some extra cash every once in a while.

And while some high-value items immediately come to mind (gold, jewelry, electronic), you may be surprised to find that you may have other items perfect for pawn. 

Join us in a scavenger hunt to find value in unlikely items!

The ‘70s are full of groovy items!

This decade gave us tie-dye, Star Wars, high-waisted pants, roller-skating.

Wait a minute… 

It’s time to check the closet and basement because your vintage items (50 years old or more) may be worth big money! These items are perfect for pawn. Start looking for:

  • Original Tupperware
  • Comics
  • Handbags
  • Lunchboxes
  • Magazines and cookbooks

Brush with Fame?  

Did you go to high school with a famous athlete or celebrity and have a yearbook with their signature? Take a stroll down memory lane too. (Bonus: pre-hashtags and texting). Did your yearbook have any of these? ASS: always stay sweet, KIT: keep in touch, or LYLAS: love ya like a sis. 

  • Kristen Bell: Shrine Catholic High School, Royal Oak
  • Jack White & Diana Ross: Cass Tech High School, Detroit
  • Eminem: Lincoln High School, Warren
  • Jalen Rose: Southwestern High School, Detroit

‘90s Toys. Shockingly Valuable

When toys are in great condition they can be worth great money. Time to raid the toybox!

  • Retired American Girl dolls (Molly and Samantha, for example)
  • Original Harry Potter books
  • Yu-Gi-Oh! Cards
  • Board Games: Mall Madness, ‘90s Trivial Pursuit, and more

M-I-C-K-E-Y M-O-U-S-E

Disney never goes out of style, but there are a few things that continue to grow in value.

  • Vintage Disney World or Disneyland park maps
  • Trading pins 
  • Original Buzz and Woody toys

Ready, set, go!

Start your scavenger hunt by looking around your house for valuable items you never knew you had.

Then, visit American Jewelry and Loan and pawn for instant cash!

 

Pawn Loans 101

By | from Les Gold, from Seth Gold, Latest posts

Pawn Loans

A pawn is a non-recourse, collateral-backed loan.

This simply means:

  • You bring in an item of value that you own.
  • We’ll offer you a loan based on the market value of the item for up to 90 days.
  • You get cash- within minutes.
  • You pay back your loan (plus interest and storage fees) within 90 days. 
  • If you choose not to pay back the loan, we keep your item. And, because you’ve secured the loan with your item, there’s no recourse, meaning, you’re not penalized from opening future loans. And, it doesn’t affect your credit score. 

When you need cash. Look around.

Chances are you have items of value perfect for pawn.

Outdoor and Summer Items.

Perfect for pawn with the benefit of storage too!

 

  • Lawnmowers, blowers, edgers, and more
  • Patio furniture and fire pits
  • Barbeques and smokers
  • Bicycles, scooters, hoverboards, and power riding toys
  • Trampolines and playhouses 
  • ATVs and motorcycles

Calling all Boaters! Your toys are worth big money!

  • Dinghy, jet ski, and powerboats, and outboard motors
  • Marina tech and toys: golf carts, water mats, GPS, and more

Camping equipment gets you s’more money!

  • Coolers
  • RVs, tents, trailers, and more
  • Binoculars and metal detectors
  • Fishing and hiking gear

Remember, pawn anytime. No appointment needed. 

Open Monday- Saturday 9:30am- 6pm

Les Gold on Gold

By | Business, from Les Gold, In the News, Latest posts

Top Four Reasons to Buy Gold Now

If anyone knows gold, it’s Les. With more than 60 years of experience, he knows gold is more than just a fashion statement. It’s an investment. And, it’s the perfect time to purchase the piece you’ve always wanted. Here’s why:

1. Gold = Cash in Hand

Your gold chain, ring, or bracelet holds a value that can be used to secure a short-term pawn loan at any time. So, when you find yourself needing some extra cash, American Jewelry & Loan can provide you with instant cash using your piece as collateral to secure your loan. 

2. Gold is Increasing in Value

Gold increases in value whenever there’s political, economic, or financial uncertainty. And, 2020 checks all of these boxes! It’s no wonder gold is seeing near record-setting increases each month. With value growing, now is the time to purchase. 

3. Gold Doesn’t Require a Bank

Purchasing gold allows you to invest without needing to join a bank. Fees and waiting periods don’t apply with gold. It’s a smart way to invest and get cash whenever you need it. 

4. Gold is a Statement

What other investment can you hold in your hand, wear on your body, and make a fashion statement? Gold. And, at American Jewelry and Loan, you’ll be able to make a statement when you choose a piece from our showroom or design a custom charm or ring with our on-site jeweler. Feel confident you made a great investment and turn heads with your new jewelry. 

 

Visit us online at PawnDetroit.com or in-store: Monday- Saturday, 9:30 am- 6 pm.

Detroit:  20450 Greenfield, Detroit, MI 48235, (313) 345-4000

Hazel Park20804 John R Road, Hazel Park, MI 48030, (248) 398-4653

Pontiac546 N. Telegraph Rd, Pontiac, MI 48341, (248) 409-5626

Power to the Gird matches individuals on the autism specturm with jobs that fit their unique abilities.

American Jewelry and Loan Celebrating Two Years of a Commitment to Workforce Diversity

By | Latest posts, Uncategorized

Two years ago, American Jewelry and Loan became the first BETA Test site in Metro Detroit for a program that was focused on hiring, educating, and empowering individuals on the Autism spectrum.

“When we first found out about this opportunity, there was no hesitation–we have a need for talented skilled workers who can keep our ecommerce store running. This program fills that need efficiently and effectively” said Les Gold, owner of American Jewelry and Loan.  Now two years later, all of the participants in the program remain an important part of our team and have grown in their roles individually and collectively, working almost every day to not only list items to our ecommerce store but also to process our technology inventory such as laptops, tablets, and game systems.

IMG_5354IMG_5382

Through this partnership, American Jewelry and Loan is able to add staff to their team from a previously untapped workforce–individuals who are affected by autism. “When I leave work every day, I feel fulfilled, independent, and needed” Les said “now, thanks to this program, we’re able to provide that same pride to an entirely new population who might otherwise be unemployed, under-employed, or marginalized” he added.

“We were the first business to test this model–and if we have been able to make it happen in the back of a pawnshop, then I believe that literally any business can take advantage of this same opportunity” said Seth Gold, who oversees the ecommerce department for the store.

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

By | In the News, Latest posts, Uncategorized
[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/

 

 

 

 

Community Partnership: Jalen Rose Leadership Academy

By | Detroit Love, Latest posts

Les and Seth Gold, on behalf of the entire team at American Jewelry and Loan, are proud to celebrate their partnership with the Jalen Rose Leadership Academy

Jalen Rose Leadership Academy (JRLA) is an open enrollment, public charter high school on the northwest side of Detroit, a stone’s throw from their iconic Detroit store. We’ve enjoyed hosting TWO interns, Greg and Jalen, who have worked with us summer of 2016.

The Academy began its first academic year in September 2011 and currently serves over 400 ninth through twelfth grade scholars from metro-Detroit. JRLA provides a leadership-focused education that engages and inspires youth to achieve at the rigorous level necessary to ultimately graduate with a college degree.  Scholars are provided with an authentic academic experience which builds both the skill and will necessary to be successful in high school and beyond.  Immersed in the culture of college, scholars will not only receive extensive college exposure via university tours, but also be required to pass at least one Advanced Placement course to assist in a seamless transition into college.  JRLA is a 9-16 model where scholars are supported not only through high school graduation, but through college graduation via our College Success team that works to coordinate success for current scholars and alumni.

UPDATE: See Les Gold competing on behalf of JRLA on Food Network’s Chopped!

 

 

Power to the Gird matches individuals on the autism specturm with jobs that fit their unique abilities.

American Jewelry and Loan Serving as BETA Test Site for Groundbreaking new Workforce Diversification Program

By | Latest posts, Uncategorized

American Jewelry and Loan is proud to announce a partnership with Power to the Grid. Power to the Grid is dedicated to hiring, educating, and empowering individuals on the Autism spectrum.

“When we first found out about Power to the Grid at the end of last year, there was no hesitation–we have a need for talented skilled workers who can keep our ecommerce store running. This program fills that need efficiently and effectively” said Les Gold, owner of American Jewelry and Loan. “Since January they’ve been working to post items to our online store.”

IMG_5354IMG_5382

Through this partnership, American Jewelry and Loan is able to add staff to their team from a previously untapped workforce–individuals who are affected by autism. “When I leave work every day, I feel fulfilled, independent, and needed” Les said “now, thanks to this program, we’re able to provide that same pride to an entirely new population who might otherwise be unemployed, under-employed, or marginalized” he added.

“Our previous partners have been businesses that hired us in something of an agency-relationship. The Golds and American Jewelry and Loan were the first to allow us to prove the concept inside their business. Our team members work on site alongside the other employees” added Stefan Kogler who founded the program in 2014 “we needed a business who was open to giving it a chance.”

“We were the first business to test this model–and if we have been able to make it happen in the back of a pawnshop, then I believe that literally any business can take advantage of this same opportunity” said Seth Gold, who oversees the ecommerce department for the store.

Visit pawndetroit.com to see items that have been uploaded by our Power to the Grid partners. Learn more about this program at www.powertothegrid.com.

2015 — What a Year!

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