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New Web system for Rockford, Ill., pawnshops leads to arrests
Rockford Register Star    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Rockford police in Illinois say they are already finding success in a new Web-based system that monitors pawnshop transactions. Detective Bob Redmond said police have made arrests linked to commercial, residential and vehicle burglaries based on information provided to them by LeadsOnline, an online database that collects information from area pawn brokers, secondhand dealers and salvage yards. More

Man brought ammo to greater Seattle pawnshop to shoot himself
The Daily Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Police say the man who fatally shot himself at a pawnshop in Lynnwood, Wash., brought his own ammunition. The man walked into Pawn Fathers, asked to look at a shotgun and then shot himself. More

Pawnshop boys
Las Vegas Weekly    Share    Share on FacebookTwitterShare on LinkedinE-mail article
At Gold & Silver Pawn, reality is a two-sided coin. That reality plays out each day on the showroom floor of Las Vegas' most famous pawnshop. This is where the devotees who watch the Harrison men bicker and dicker on the History Channel series "Pawn Stars" anxiously assemble and gawk. The visitors yearn for a photo with the embattled Chumlee, or a Pawn Stars T-shirt, and maybe a glimpse of the weather-beaten Coke machine dating to the 1950s that might be resurrected into a fully operational piece of vintage art. More

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Buyer beware: Avoid the scam when cashing in on gold
St. Joseph News-Press    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In a tough economy, many people are turning to their jewelry box for some extra cash. But it may come at a different price. According to, gold was trading at $1,126.64 per troy ounce on April 1. That's a slight increase from one week ago. The temptation of a quick buck has gold owners ignoring the warning signs of a bad deal. More

EZCORP announces executive hire
PR Newswire    Share    Share on FacebookTwitterShare on LinkedinE-mail article
EZCORP, Inc. announced that it has hired Anthony (Tony) Sanders as the Senior Vice President Human Resources. In this role, Sanders will be responsible for all hiring, people development, benefits and compensation activities and succession planning. Since 2007, Sanders has been the managing director Human Resources Services and Administration for United Airlines in Chicago. He is responsible for the global execution of the Six Sigma continuous improvement program, human resource employee services, leadership recruiting and hiring, human resources technology and policy development. 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 hits four month high on euro jump, investment demand
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Spot gold prices rose to their highest in four months on a jump in the euro and investment demand, while platinum and palladium hit multi-month highs on expectations of strengthening industrial demand as the economy recovers. Gold prices were underpinned by investors fleeing to safety amid lingering concerns about Europe's financial stability, symbolized by Greece's debt crisis. The metal ended last week up about 3 percent, the biggest gain since the week of Jan. 10. More

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Upbeat signs revive consumers' mood for spending
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
American consumers are finally coming out of hiding. After months of penny-pinching amid the recession, new figures — showing an improving job market, rising factory output and increased retail sales — suggest that consumers are no longer restricting their budgets to necessities like food and medicine. They are starting to buy clothes, jewelry and even cars again. More

Pawnshop ordinance passes
Fergus Falls Daily Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Otter Tail County Board of Commissioners in Minnesota unanimously approved an ordinance requiring all pawnshop owners in the county to register each item they receive in a database program which the county's sheriff's department can access. County sheriff Brian Schlueter made it clear that the department trusts the pawnbrokers, but there are still concerns that the brokers might unknowingly receive stolen goods. As for concerns that the system would bring too much regulation to pawn shops, Schlueter said, "It's fairly limited what they're required to do, but it's proportionate to the evil we're trying to get at, which is not [the pawnbrokers]." More

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U.K. Pawnbroking customers told by police to leave thumbprint
The Telegraph    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Officers launched the scheme in Norwich, England, in a bid to stop criminals making money out of stolen items. Six shops in the city have agreed to take part, including three Cash Converter outlets — a modern day version of a pawnbroker, where customers can sell their jewelry or electronic gadgets in return for cash. The items are then usually sold on to the public. More

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The Rofin Laser is a must for any repair shop. It is available in 80& 100 joule models. This unit will perform spot welding, seam welding, retipping, tacking, or any other job that can be done using a torch on the bench.

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