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Home   About   Membership   Resources   Government Affairs   Meetings & Events Dec. 27, 2011

As 2011 comes to a close, the National Pawnbrokers Association would like to wish its members, partners, and other industry professionals a safe and happy holiday season. As we reflect on the past year for the pawnbroker industry, we would like to provide the readers of the NPA Weekly NewsBrief, a look at the most accessed articles from the year. The news brief will resume publication Jan. 5.


Rick Harrison of 'Pawn Stars' spills success secrets
CNN Money (July 7, 2011)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Rick Harrison knows a deal and a steal when he sees one. Ever since he was a young boy, he's had the uncanny ability to make money selling other people's unwanted items. Today, that ability has made him a mint and turned him into one of TVs hottest reality stars. The 43-year-old pawnshop owner has achieved a cult following as part of the cast of the reality show, "Pawn Stars," on The History Channel. Along with his father, Richard "The Old Man" Harrison, his son, Corey "Big Hoss" Harrison" and family friend Austin "Chumlee" Russell, Harrison gives viewers a behind-the-scenes peek into his Las Vegas business the Gold & Silver Pawn Shop. In the process, he educates audiences on the history behind many of the unique items sold in the store. More



Global Piracy & Counterfeiting Consultants calls Chinese counterfeiters producing fake precious metal coins a global epidemic with potential disastrous consequences
PRWeb (Nov. 7, 2011)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Global Piracy & Counterfeiting Consultants is calling counterfeit U.S. Silver Dollars, precious metal, coins, or bars, or counterfeit gold coins, a global economic train wreck waiting to happen, courtesy of the Chinese. Ten percent of China's gross domestic product is related to counterfeiting, and the Global Piracy & Counterfeiting Consultants fears the problem is much worse than anyone knows. The group says, "We have read about one Chinese counterfeiter openly bragging about producing 100,000 fake U.S. Silver Dollars per year, and that's just one counterfeiter. At this point, we are telling all investors of gold, or silver coins, and or any type of precious metal bar to only buy from a reputable U.S. dealer, that has an established track record, and a money back guarantee. We fear this Chinese counterfeit gold, or silver coins, or bars, could be a multi-billion dollar a year business, and we greatly fear many innocent investors could be taken to the cleaners." More

Jeweler conned out of $11,000
WFAA-TV via ABC News (Oct. 11, 2011)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Myrna Munoz received a phone call from two men who said they wanted to sell some gold jewelry, she did not think it was suspicious. It's happening more and more and they had a story to tell. "They said that they had a lot of jewelry that all the family members came together and put all their gold and that they were ready to sell it because they had a family emergency," said Munoz, with the Joyeria El Ruby store in Denver. Munoz says they handed over a bag of real gold jewelry complete with 10 pieces that were tested and amounted to about $11,000. Munoz says they were in the process of giving the two men cash for their gold when their apparent plan went into play. More

Orlando, Fla.-based pawn company lands $5 million venture deal
Orlando Sentinel (May 27, 2011)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A multimillion-dollar venture-capital investment in Central Florida did not go to a social-networking firm, theme-park spinoff or high-tech company. It went to a pawnshop chain. Orlando, Fla.-based La Familia Pawn & Jewelry landed $5 million in venture funding from a private equity firm based in Puerto Rico, the companies said. More



Babe Ruth autograph faker on loose in Florida
Marco Eagle (May 25, 2011)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Babe Ruth looms large in American history — a legendary baseball player whose name evokes a classic era in the game. In the sports memorabilia world, a Ruth signature can bring thousands of dollars. It can also bring headaches, as collectors and authenticators try to distinguish real signatures from an ever larger body of forgeries. In April, Lewis Johnson of Gold Coast Pawn in Bonita Springs, Fla., bought one of those fakes, swapping $1,000 for a baseball with a purported Ruth signature and a certificate of authenticity. Both were forged. More

GMA's George Stephanopoulos becomes a 'Pawn Star'
ABC News (May 16, 2011)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
During ABC News Good Morning America's "Reality Week" series, news anchor George Stephanopoulos headed to Sin City to join the cast of The History Channel's "Pawn Stars". Stephanopoulos said of the Las Vegas pawnshop: "What started once with 200 customers on a great day has grown to 2,000 sometimes. It's the hottest show on television today." More
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Are pawnshop owners the true US economists?
GoBankingRates.com (July 12, 2011)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Just about every industry took a hit from the recession and most businesses are still struggling to rebound. That is, except for pawnshops. Interestingly enough, they have actually been on the upswing ever since the economy took a turn for the worse. In both the good times and the bad, however, pawnshop owners are down in the trenches with their customers — typical Americans — which may give them the most authentic and uncensored look into the true state of our economy. More

Beverly Loan pawnshop for affluent to open in New York City
Bloomberg    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Jordan Tabach-Bank, chief executive officer of Beverly Loan Co., talks about his pawnshop that caters to people who sell Cartier watches, Harley-Davidson motorcycles and award statuettes and plans to open a location in New York City. Tabach-Bank speaks with Scarlet Fu on Bloomberg Television's "InBusiness With Margaret Brennan More

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9-foot python dropped off at Winston-Salem pawnshop in North Carolina
WGHP-TV (Jan. 3, 2011)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Owners of a Winston-Salem, N.C., pawnshop have been trying to figure out what to do with a large python they've had for months. A man traded Mandy, a 9-foot-long burmese python, into the pawnshop because he was not allowed to move the snake into his new apartment. The owner traded Mandy in for some electronics. More

Meet the most stylish pawnbroker in town
Aol (Aug. 1, 2011)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Who knew that a pawnbroker could be so glamorous? Aol chatted with Lauren Kaminsky, the 22-year-old vice president and head of sales at the EZ Pawn Corporation, a family-run business based in New York. Her latest project piqued our interest: Curator at Manhattan's Beauty & Essex lounge/restaurant, one of our favorite hangouts. The drinking-and-dining area is actually hidden behind a pawnshop ... and that's where Kaminsky comes in. Here's a glimpse into her day-to-day life. More


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NPA Weekly NewsBrief
Colby Horton, Vice President of Publishing, 469.420.2601   Download media kit
Yvette Craig, Sr. Content Editor, 469.420.2641   Contribute news
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