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!
For the fourth year in a row, readers of Metro Times Detroit magazine have voted American Jewelry and Loan as the BEST Pawnshop in Detroit. To celebrate, customers are invited to visit one of our THREE Metro Detroit stores to help us celebrate with even bigger savings on our already-low prices with this appreciation coupon:
Our loyal customers LOVE our Gold Bar rewards program! Earn 1 for every new loan or every $25 spent in sales! The Gold Bars spend like cash and are coupons for $1 off your purchase. Occasionally, we have special savings events where you can save even more! For Mother’s Day, we’ll be offering TRIPLE GOLD BAR Savings Thursday, May 3 through Saturday May 5th.
In 1978, American Jewelry and Loan opened as Metro Detroit’s first suburban pawnshop. The 1,500 square foot location in Oak Park, Michigan was an offshoot of Sam’s Loan, a pawnshop at the corner of Wabash and Michigan Avenue where Les Gold grew up working for his grandfather. The move would change the trajectory of his life in ways he couldn’t have imagined while working alongside his “Popsie” as a youngster.
To celebrate its 40th anniversary, American Jewelry and Loan, now with three stores including its iconic 50,000 sq.ft. Detroit location, Gold is partnering with Junior Achievement of Southeastern Michigan (JA), and its JA Company program to ensure young entrepreneurs in Southeastern Michigan are able to fund their own dream businesses.
The Gold Bank, gifted by American Jewelry and Loan, but controlled and administered by JA, will be the source for low-interest small business loans for students involved in the JA Company program, which teaches entrepreneurship to high school students.
“The hardest part of getting a business off the ground is finding start-up capital,” said Les Gold, Owner, American Jewelry and Loan. “With the Gold Bank, I am pleased that these young entrepreneurs will have one more option to find resources to build their companies and their futures,” Gold added.
Junior Achievement of Southeastern Michigan is the youth arm of economic development in the region. The volunteer-driven non-profit, founded in Detroit in 1949, will teach 60,000 students in 10 counties the “business of life”—financial literacy, entrepreneurship, and work-readiness including career exposure and soft skills.
High school students involved in the JA Company program throughout Southeastern Michigan will be eligible for a loan from the Gold Bank. They must demonstrate the value and viability of their start-up during a “Shark Tank” style presentation to a panel of business leaders, including Les and his son Seth Gold. Students will be responsible for paying back the loans they obtain from the Gold Bank, with low interest, in the same semester in which they borrow it, thus ensuring the success of the program for years to come.
“The Gold Bank solves the problem every start-up business has—where to get money to launch a business,” said Margaret Trimer-Hartley, President of JA of Southeastern Michigan. “Our JA Company students will learn just how small business loans work in the real world,” added Trimer-Hartley.
On Saturday, December 2nd, Detroit will host UFC 218 . This will be the first UFC fight at the newly-built Little Caesars arena. Fight fans will be welcomed to the next generation of heavyweight. Read about the contenders at CBS Sports.
Knockout Radio will be broadcasting live from American Jewelry and Loan on Friday, December 1.
On September 19, 2017, business leaders from across the region gathered at American Jewelry and Loan’s Detroit store for a sold-out event Inside the CEO Mind hosted by the Detroit Regional Chamber. Les and Seth Gold shared stories from their unique journey and how facing their fears has led to hardcore success. Learn more about upcoming Chamber events at www.detroitchamber.com.
DBusiness magazine has named 30 of Detroit’s most dynamic business leaders to their annual 30 in Their Thirties list.
American Jewelry and Loan is proud to announce that Seth Gold is a member of the class of 2017.
Read more at www.dbusiness.com.
Join Seth alongside his father at their iconic Detroit store on Tuesday, September 19th at Inside the CEO Mind hosted by Detroit Regional Chamber.
Detroit Regional Chamber will host an upcoming session of Inside the CEO Mind at American Jewelry and Loan. Les Gold and Seth Gold will share their unique perspectives as successful business owners and reality television stars while providing insight into the unique perspective of multi-generation business owners.
This don’t-miss event is being held on Tuesday, Sept. 19. The Golds will discuss their journey and insights on how their company separates themselves from competitors by being Detroit’s go-to pawn shop for more than four decades.
Seating for this event is limited and expected to sell out — hurry to register or learn more at www.detroitchamber.com.