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The best path to selling your gold
Forbes    Share   Share on FacebookTwitterShare on LinkedinE-mail article
With commodity metals prices continuing to rise, many of us are just starting to take advantage of the intrinsic value stored in much of our gold jewelry. There are countless outlets, pawn shops, jewelry stores and online sites that offer immediate "cash for gold." Some even give you "top dollar" for your gold. All it takes is handing over your jewelry and then patiently waiting for some amount of cash; most times it's a surprise. More



The "General" makes surprise visit to Jerry's Pawn Shop in Atlanta: Sings "Pants on the Ground," poses for photos
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Larry Platt, who became an Internet sensation earlier this year after he sang his original song "Pants on the Ground" during an "American Idol" audition, visited Jerry's Pawnshop in Atlanta. Platt, fondly known as "General," gave an impromptu performance at the shop. Click here to see it on YouTube. More

More pawn items but less buy goods at North Carolina area shops
Asheville Citizen-Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A sign under the front counter at Leicester Pawn and Gun Shop in Asheville, N.C., makes it pretty clear where George Lane stands on customers trying to sell stolen goods at his store. "Sell me stolen property, and I'll put you in jail," the sign reads in large, red lettering. Pawnshop owners, like Lane, have to be on higher alert for stolen goods as more people are pawning and selling items to try to make ends meet. More

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Indonesian pawnshop plans $220 million bond issue
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Perum Pegadaian has more than 3,000 outlets across Indonesian, lending money at a lower rate than most banks to small businesses and households. "We aim to raise 1.5-2 trillion rupiah ($220.1 million) from conventional bonds, likely in the fourth quarter. We need around 7.5 trillion rupiah this year to finance our lending," the president director, Chandra Purnama, told reporters. More

Gold edges higher
The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gold futures rose slightly, supported by higher oil prices and an easing U.S. dollar as markets digest U.S. nonfarm payrolls data. In recent trading, most-active June gold was up $4.50 at $1,130.60 an ounce on the Comex division of the New York Mercantile Exchange. Thinly traded nearby April gold was up $3.80, or 0.3 percent, at $1,128.90. 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


Gold prices retreat as dollar strengthens
Reuters    Share    Share on
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Gold slipped in Europe, surrendering some of the gains that took the metal to a four-week high in the previous session, as the dollar strengthened versus the euro. The single currency declined broadly, driven by concern over Greece's persistent debt problems, after a report that the country is set to launch a multi-billion dollar bond in the United States this month. More

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Tri-State "Pawn Stars" — You buy, sell almost anything
HNN Huntingtonnews.net    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Rich Blakeman, owner of Classic Jewelry and Loans in Barboursville, W. Va., has been in business for six years. … Often wonderful cooking smells waft through the store as someone is in the back fixing a meal for the staff. They grill steaks and ribs and enjoy chicken and dumplings, and whatever else someone decides to fix. The shop is filled with thousands of items, ranging from cars (as many as 20 at once), a boat, wheelchair and golf cart, to jewelry and coins and just about anything in between. More



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Pawnshops in Russia see upside in tough times
RT    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Russian pawnshops increased lending by 18 percent last year amid the on-going financial crisis. But it's likely to fall back as banking gets stronger. When banks cut lending and times are hard, people are forced to find alternative ways of raising money. 2009 was a boom year for pawnshops in Russia, with the number of outlets rising an unprecedented 40 percent across the country. The downturn also altered the idea of a pawnshop as an institution for the poor. More

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