The continuing slow economy, with job cuts and reduced work hours an economic recession brings is creating a shift in the customer base for pawnshops around the nation. The steady parade of people seeking short-term loans who offer their power tools, jewelry and hunting rifles as collateral are finding themselves in line with people seeking loans on more white-collar collateral, from Rolex watches and antiques to designer handbags.MORE
Tokyo TV recently did a story on pawnshops, and who should walk in while they are filming their story? Former New York Mets and Philadelphia Phillies star Lenny Dykstra. The ball player, who has fallen upon hard times financially, came in to get some money for his World Series rings. More
The History Channel has launched a new reality show set in the Gold and Silver Pawn Shop on Las Vegas Boulevard. It tells the story of buying, pawning and selling everything from antique guns to vintage video games and Rolex watches. Father and son Rick and Corey Harrison talk about the nature of the pawn business.More
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Pawnshops and jewelry stores have been advertising heavily that they're buying gold as they compete against out-of-state businesses that operate through the mail. What makes all these businesses able to buy gold is that they also have to have customers on the other side to sell to. More
With some help from the owner of the Guitar Grave pawnshop in Portland, Maine, police have arrested Peter Hoyt for the break-in at the Park Avenue Church of God in which thousands of dollars worth of musical equipment was stolen. After the burglary, the church called several pawnshops and asked them to keep an eye out for the stolen goods.More
While a remarkable surge that began late last year is
starting to ease, Americans' demand for firearms and ammunition - driven largely by economic concerns and the fear of new regulations - remains brisk as double-digit sales increases continue to fill the financial coffers of gun and ammo makers alike.More
People are doing what ever is necessary to make sure they have enough money to pay for a trip to the Tri-State Fair in Amarillo, Texas. Whether it's applying for a payday loan or pawning valuable items, local business owners say they've seen a surge in customers hoping to make some quick cash. David Erwin, who owns Erwin Pawn, says, "It starts right when the fair cranks up... Boom we get busy. Tools, musical instruments, jewelry, we see a lot of guns, game
systems."More
Las Vegas is in the early stages of considering an ordinance to allow more
pawnshops in the city — the measure has no City Council sponsor, and council members have yet to be briefed on it. But that hasn't stopped lawyer-lobbyists for existing local pawnshops from coming out in full force to try to get the measure killed.More
Walton County Sheriff's Office via The Destin Log Share
Hard work by Walton County Sheriff’s Office investigators led to the arrest of a suspect and the discovery of more than $40,000 in stolen jewelry. An alert pawnshop owner also helped authorities in solving the case.More
Precious Metals Refining Services Manhattan Gold & Silver has been a worldwide wholesale provider in
precious metals refining services and recovery since 1985. Our
commitment to our customers and over twenty years of experience allows
Manhattan Gold
& Silver to provide wholesale precious metals
refining services to pawnshops.MORE
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