Archive for the ‘Pawn Shop Stories’ Category
Thursday, September 2nd, 2010
Frow WSET Dot Com
Reporter: Shelley Basinger
Lynchburg, VA - A downtown Lynchburg business is celebrating an incredible milestone. This month marks the 120th anniversary of L. Oppleman. It’s the oldest pawn shop still in existence in the country.
“It seems like I just did the 100th anniversary, but I guess time just flies,” owner David Somers said.
While you’ll still find David Somers behind the counter, he has handed over most of the shop to his son Ryan.
“I love coming to work everyday. And after being here about six years, I wouldn’t want to do anything else,” said Ryan Somers.
That makes three generations running the same business. David took over for his dad in the 70s. Aaron Somers bought it from Ike Oppleman in the 30s.
“The company was started in 1890 with Jacob Oppleman, named after his wife Lena. That’s why you have the ‘L’,” said David.
For 120 years - the L. Oppleman name stayed the same. But the Somers family knew they had to change with the times.
“Ebay has been a new aspect, selling online, which has really grown. We have a tax service now where we do instant refunds,” David said.
New deals like “Oppleman Bucks” allow pawn customers to get a refund of their interest to use in the store. And Ryan uses his computer skills to reach out on Facebook and Twitter.
“It’s good advertisement, a lot of the kids are doing that these days,” Ryan said.
But the best advertisement is being able to claim a nationwide title.
“We’ve held up as the oldest pawn shop in existence, I mean, I’d be happy if we were the 6th oldest… so that’s pretty exciting for me,” David said.
Owners at L. Oppleman say they are considering expanding, by offering a second location in the city.
They’re offering special anniversary deals this month. One-hundred-twenty select items in each department are being marked down to $120.
Tags: consumer credit, L Oppleman, Lynchburg VA, Pawn Loans, pawnbroker, pawnshop Posted in Pawn Shop Stories | No Comments »
Thursday, August 12th, 2010
From ABCNEWS Dot GO Dot Com
‘Hardcore Pawn’ Follows in Wake of ‘Pawn Stars’
Imitation or coincidence? ‘Hardcore Pawn’ follows ‘Pawn Stars’
By DAVID BAUDER
The Associated Press
NEW YORK
Even in television, where good ideas are routinely imitated, the debut of “Hardcore Pawn” on TruTV next week is enough to make you marvel.
Just like one of the year’s breakout hits, History’s “Pawn Stars,” it’s a reality series about a family run pawn shop. Both are effectively comedies, drawing on the everyday absurdities of the workplace. Both play on the similarity of “pawn” to “porn” for their titles.
And both are in the same time slot: Monday nights at 10 p.m. Eastern.
Coincidence?
Well, yes, according to Marc Juris, executive vice president and general manager of TruTV.
“Quite honestly, we did absolutely nothing different than we would have done whether or not the other show was on the air,” Juris said. “We look for shows that really hit our sweet spot and when they’re right for our audience is when we put them on the air.”
“Hardcore Pawn” was in development for more than a year and two test episodes were aired in December, he said. “Pawn Stars,” in its third season this year, has seen its viewership jump by 38 percent over the second season. The July 5 episode was seen by 6.3 million viewers, the biggest audience ever for the cable network, the Nielsen Co. said.
The TruTV series stars the patriarch of Detroit’s sprawling American Jewelry and Loan, the nearly too-good-to-be-true named Les Gold, along with his son Seth and daughter Ashley.
As suggested by the title, “Hardcore Pawn” is rougher around the edges than the History series. A customer bringing in a cannon to the “pawn stars” would trigger an examination of its history. TruTV has a customer with a homemade cannon that Gold just wants to see blow up in his parking lot.
The first “Hardcore Pawn” also features a profanity-spewing woman who threatens Gold when he doesn’t hand over jewelry, and the store’s purchase of a stripper’s pole. Yes, several potential buyers try it out.
The show earned the same time slot as “Pawn Stars” because it’s a nice fit with “Operation Repo,” a series about auto repossession that airs at 9 p.m. on Mondays, Juris said.
“We’re certainly not going to change our schedule or our strategy because of one show on another network,” Juris said. “That really isn’t servicing our audience well that comes to us on Mondays expecting a certain kind of show.”
Nancy DuBuc, president and general manager of History, said she couldn’t speak to whether TruTV’s choice is truly a coincidence.
“I haven’t seen the show,” she said. “There’s no mistaking the power of the show that we’ve launched.”
In the world of cable TV reality, successful ideas rarely stand alone: Hence the outbreak of shows about abnormally large families and high-end pastry decorators. History has been on the other side, too. Discovery accused the network of playing off its own successful “Deadliest Catch” series with History’s “Ice Road Truckers” when that debuted a few years back. Both are shows about tough jobs in forbidding climates.
DuBuc said she’s not concerned that “Hardcore Pawn” would dilute the success of “Pawn Stars” or cause it to burn out more quickly. She noted that shows inspired by the success of similar ideas rarely match the originals.
“I feel very confident that our series and our family has a strong foothold on this genre,” she said.
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Copyright © 2010 ABC News Internet Ventures
Tags: consumer credit, Pawn Stars, pawnbroker, pawnshop Posted in Pawn Shop Stories | No Comments »
Friday, July 30th, 2010
From Chicago Tribune Dot Com
La Grange faces federal lawsuit over pawnshop denial
July 29, 2010|By Art Barnum, Tribune Reporter
The village of La Grange and three community leaders have been sued in federal court by the bank and property management firm that worked unsuccessfully with a Berwyn businessman to open a pawn shop in downtown La Grange last year.
Oxford Bank and Trust, with corporate offices in Oak Brook, and Fifth Avenue Property Management, with corporate offices in California, filed the lawsuit earlier this month is U.S. District Court in Chicago.
They claim in the suit that their constitutional rights were violated when the village refused to issue Andrew Grayson a building permit and amended a zoning ordinance to exclude pawnshops following the public outcry that arose after the village had initially granted him a business license to operate All-Star Jewelry & Loan. The shop would have been in a building at 71 S. La Grange Road, next to the Village Hall.
The lawsuit contends that Village President Elizabeth Asperger; Village Manager Robert Pilipiszyn; and Michael LaPidus, former president of the La Grange Business Association, conspired against the proposed pawn shop operation and therefore cost the two business enterprises proceeds. The building remains unoccupied.
A lawsuit against the village last year in Cook County Circuit Court by Grayson was dismissed.
The federal lawsuit is seeking in excess of $75,000 for all monetary losses suffered by the two firms and punitive damages.
Attorneys for the village and the businesses could not be reached for comment on Thursday.
abarnum@tribune.com
Tags: All-Star Jewelry & Loan, consumer credit, LaGrange IL, pawnbroker, pawnshop Posted in Pawn Shop Stories | No Comments »
Tuesday, July 27th, 2010
From Triangle Dot Bizjournals Dot Com
Giving New Life to an Old Profession
Owner of eight pawnshops says perceptions are wrong, and he aims to change them
Triangle Business Journal - by Dale Gibson
Bob Moulton converted the old Don Murray’s Barbecue building into what he says is the prototype of the modern pawnshop.
DURHAM – If Bob Moulton hadn’t ended up in the family business, he might have been an actor: picture “Tick Tock” McLaughlin, the William H. Macy character in the movie “Seabiscuit.”
Reddish hair, thin build, a propensity for making funny. Moulton once used his impersonation of an Indian customer to rib one of his employees over the telephone. He was the class clown at Southern Durham High School, had designs on going to the North Carolina School of the Arts, but ended up as a radio DJ for meager pay at stations in Rock Hill, S.C., and Concord.
When he got married in 1983, he was making $80 a week.
He somehow made it. “I’ve been poor, but I’ve never been broke,” says Moulton. Still, 80 bucks a week wasn’t cutting it. He quit radio and moved back to his hometown of Durham to help his mom in her recently opened pawnshop.
There, he learned the business from his mother and an uncle, who also operated a shop. In 1986, Moulton opened his own store and has been a pawnbroker ever since – now operating eight stores in Durham, Raleigh and Wilmington.
He figures he spent around $2.5 million turning the defunct Don Murray’s Barbecue restaurant on Capital Boulevard in Raleigh from a grease-stained and rundown building into what Moulton declares to be the prototype of the modern-day pawnshop – National Pawn – complete with a walk-in vault that would be the envy of any banker.
Wander into that store, and the stereotypes about the pawn business drift away. On one side is a jewelry showroom as fine in decor as a shopping mall jeweler. On the other side are attractively displayed pawned items for sale – computer games, guitars, hand drills, television sets, even one iPad has found its way to hock.
Moulton is about building a business – and he and his wife, Teresa, have one now that generates some $7.5 million in revenue and provides jobs for 55. But he’s also about changing the way the public perceives the pawn business. “My mission is to improve the image of the pawn business,” says Moulton, who is president of the N.C. Pawnbrokers Association and has been on the board of the national association for a decade. “I’ll put my business reputation up against anyone in town.”
He’s fully aware of the perception of the pawn business – dirty, dingy stores full of stolen property with brokers looking to buy way low and sell way high. So, rather than tucking his stores in unobtrusive corners in bad parts of town, Moulton looks for high-profile locations near good neighborhoods.
His stores are far from dirty. On the contrary, they are bright and inviting. The employees are dressed in uniform blue shirts. National Pawn has an A+ rating with the Better Business Bureau of Eastern North Carolina, with no complaints over the past 36 months. As for stolen goods, industry research says that less than one-tenth of 1 percent of pawned goods are stolen.
Pawnshops actually help track stolen items rather than hide them. Each day, every pawnshop in the state is required by law to submit a report to local police on every pawned item, including the serial number of the item and the full identity of the customer. If an item turns out to be stolen, the police confiscate it and the pawnshop loses the money it lent.
In fact, the pawn business in North Carolina is tightly regulated at both the state and local levels. The Pawnbroker Modernization Act of 1989 sets strict limits on monthly fees that can be charged on a pawned item – they can’t exceed 20 percent of the amount lent for the item.
Jim Sughrue, spokesman for the Raleigh Police Department, says the department has a “generally good relationship” with pawnshops. “They have an interest in taking in as little stolen property as possible,” he says.
As for margins, Moulton says his philosophy is to make a small profit on high volume.
He once made a $500 profit on a 5-carat diamond that had been pawned for $20,000. The lucky buyer had it appraised and found it to be worth $75,000, but Moulton had no remorse. “I’d rather have a fast nickle than a slow dime,” he says.
Tags: Bob Moulton, consumer credit, National Pawn, Pawn Loans, pawnbroker, pawnshop Posted in Pawn Shop Stories | No Comments »
Wednesday, July 7th, 2010
From Tulsa World Dot Com
Ad man
by: World’s Editorial Writers
Wednesday, July 07, 2010
It’s inappropriate for a county sheriff — in uniform — to endorse a pawn shop and precious metals dealer in television advertising.
Rogers County Sheriff Scott Walton, who first got his face in the public’s eye by being a spokesman for the Tulsa Police Department, appears in TV spots for Tulsa Gold and Gems.
Walton says he has been a friend of the owners of the business for more than 20 years and isn’t paid for his appearance.
We’re glad he’s not doing ads for his enemies and that he isn’t taking money for the ads. That doesn’t make it any better.
He also says that even if he’s an elected law enforcement officer, he still has the right to express his opinion, which is certainly true.
But if he is only expressing his own opinion, why wear the uniform? Why not wear a business suit or a shirt with the logo of the pawn shop?
We suspect the uniform is part of the message, an attempt to give the business the implicit endorsement of law enforcement, which is why the ads are inappropriate.
When you get a badge and a gun and the authority to arrest people in the name of the state, you should recognize that your voice represents more than just your own opinion, especially when you are wearing your law enforcement uniform.
Walton’s appearance in the ads appears to be legal, which isn’t to say it is the right thing to do.
The final judges in the matter, of course, will be the voters of Rogers County. If they like seeing their sheriff shilling for a Tulsa pawn shop, then so be it. We suspect otherwise.
Copyright © 2010, World Publishing Co. All rights reserved
Tags: consumer credit, Pawn Loans, pawnbroker, pawnshop, Tulsa Gold and Gems Posted in Pawn Shop Stories | No Comments »
Thursday, July 1st, 2010
From Springfield News Sun Dot Com
Pawn shop owner hopes new site anchors growth
By Elaine Morris Roberts, Staff Writer
SPRINGFIELD — A broken water pipe and the ensuing flood for one downtown business owner has now spawned ideas of greatness.
Sam Beloff, owner of Rose City Fine Jewelry and Loans, LLC, was forced out of the space his business occupied on the ground floor of the McAdams building — 37 E. High St. — after a pipe burst, flooding the basement of the building with what Beloff said was 14 feet, or about 800 metric tons, of water.
Beloff was lucky, though, in that there was no water in his store, but he was directly over the flood zone, which made staying impossible.
“High Street is on a slight grade, so the water was flowing away from us. We tried to hang on. We didn’t want to move the store — we had a great location on the downtown core block,” he said.
Moving the business is a project that will take Beloff and his two employees three to four months, he estimated.
“And we’re only two weeks into it,” he said.
The store is now located at 26 N. Fountain Ave.
The historic building Beloff decided on was originally constructed as a hotel with the lobby standing where his showroom, display cases and storage area now reside.
“The upper floors were the rooms and there was a bar in the basement,” he added.
Beloff is a third-generation pawn broker who grew up being a part of a downtown business. His grandfather, Max Beloff, opened Max’s Jewelers and Loan in 1933, which is now operated by Sam’s father, Larry.
Sam Beloff, who started in business with his father, sold his interest in Max’s a few years ago. He then teamed with friend and investor Glenn Altschuld Jr. to open Rose City in 2006.
When the flood forced him to start shopping locations, Beloff looked at two other spots outside the downtown, but realized he had to remain at the city’s core.
“But being such a proponent of the downtown, I felt I needed to stay…. I’ve always been an advocate for focusing on development that includes re-establishing what exists along side developing new and true leadership comes from acting on your beliefs,” said Beloff, a founding member of Center City Association.
The space Rose City now calls home is part of the only downtown block that has complete retail store frontage, Beloff said.
He’s now envisioning the block filled with boutique retail shops and eateries that will provide a reason for people to frequent the downtown.
“If we can make this block an anchor point, we could be known for something good again. It’s an investment of time and money, but we can create a pleasant place for people to shop and do business,” he said.
Beloff wants his individual business success, to be sure, but he’s working to help create a successful business arena for anyone who chooses to locate downtown.
“I want great success,” he said, “and to do that, it requires many businesses coming together…. The only way to achieve that success is to bring many into the fold, which will create more jobs and increase the tax base for the city.”
Tags: consumer credit, Pawn Loans, pawnbroker, pawnshop, Rose City, Springfield Ohio Posted in Pawn Shop Stories | No Comments »
Thursday, June 17th, 2010
From: Jewish Exponent Dot Com
The Rod Steiger of 10th and Sansom?
June 17, 2010 - Michael Elkin, Arts & Entertainment Editor
Check.
Unusual chess move, perhaps, but de rigeur and the right move for anyone familiar with the 150-year-history of Carver W. Reed, the company that may just be king of the pawn shops in Center City.
The check? That’s the payoff — payment to customers for those items loaned out to the pawnbroker.
Somewhere, Rod Steiger is smiling — if not adding up the goods to be pawned.
“Oooh, Rod Steiger,” and Tod Gordon twists an imaginary knife in his heart.
He has heard it before, customers and friends citing the star of the film “The Pawnbroker,” the powerful 1964 drama about a Holocaust survivor who buries his heart and his memories in a shop he owns in East Harlem, where the symbolic three balls of the business weigh less heavily than the chains of anger that forever link Sol Nazerman (Steiger) to his concentration-camp past. “People expect to see a Rod Steiger,” Gordon mockingly grouses.
But instead, what they find is an avuncular and avidly friendly 55-year-old Jewish businessman — not with a brutal backstory, but a history of a nice, fourth-generation, family-run company, situated as it has been at the corner of 10th and Sansom for most of its existence, just a diamond’s drop from Jeweler’s Row.
Appropriate since, as Gordon relates, people pawn their jewelry here, the only items he accepts.
It is all a gem of a Father’s Day story, with Tod tied to it by his own grandfather, Harry, who purchased the business from Reed himself in the ’40s.
Now, customers are as likely to get buzzed in by Tod’s daughter, Rebecca, a recent college graduate with whom the paternally pleasant pawnbroker works side by side.
Seeking a seedy experience like those showcased in Hollywood scenarios of old? Try Netflix; what you get here, avows Gordon, is a business that fits in with the neighborhood.
“We look like a jewelry boutique,” he says.
Shop ’til they drop? As loans go out on the jewelry, Gordon is fast to state, most items on loan revert to their owners. Going for broke is not necessarily a forever state of being.
“Some 95 percent of the items we accept are reclaimed,” says Gordon.
What’s the Jewish claim on the business’ heritage?
“I’ve never thought of it” as a Jewish business, he muses.
But others have. Money-lending as a disreputable calling goes back centuries, with Shylock portrayed as a greedy merchant of venom by Shakespeare.
Indeed, in last year’s In Hock: Pawning in America From Independence Through the Great Depression, Wendy Wolosin wrote: “Works of popular culture had largely succeeded in creating a coherent, seemingly logical stereotype: the pawnbroker had become implicitly the Jewish pawnbroker — the Jew broker — and as Jews and pawnbrokers became increasingly stigmatized, the stereotypes reinforced each other.”
But stereotypes they were, and families like the Gordons have served as living, breathing antidotes to such fallacies.
“It’s not like someone says, ‘I want to be a pawnbroker’ for my career,” contends Gordon. “You learn from generations before you.”
And the Gordons have learned to make prospective customers comfortable. “At first, people can seem ill at ease coming in,” he concedes.
But it’s pull up to the counter and share a glass — well, diamonds, that is — or two.
“Later, they come back, calling out, ‘Tod!’” he kibitzes, in irreverent reference to the shout-outs to Norm on the TV series “Cheers.”
He adds: “Almost all my business is repeat business.”
And he repeats a mantra that is meaningful, especially to a businessman with excellent street cred — whether it be Sansom Street or elsewhere: “Everything we do is regulated” by laws meant to protect the customer.
A Family Affair
Gordon protects his legacy by having brought his daughter into the business. Her dual background in psychology and business in college helps quite a bit, both claim.
Stories about pawnbrokers can break the heart: Tales of customers in need of quick cash, losing cherished heirlooms forever.
“Customers have nine months to renew their contract,” explains Gordon, and even in cases where they don’t, he stresses that he’s not eager to cash in on someone else’s heartache.
“I’ve had items here for five to 10 years,” he claims.
No one has ever pawned the crown jewels, but there have been cases of extraordinary items. And while Rebecca affectionately kibitzes with her father, calling him the best of the best, he says that she is making the business even better, showing off her Internet and Web-design prowess and their new Facebook page.
Business face-offs with her father? No jewelers’ rows here; just understanding and communication with the man who gave her the best advice in life, she says: “He always told me, ‘Do what makes you happy.’ ”
And that, she says, is working with her dad: “It’s a blessing.”
“He’s always right — no matter how many times I try to prove him wrong,” she laughs.
If Tod’s ever had to wrestle with the direction his business has taken him, well, Gordon’s been trained for that as well: He founded and formerly owned and operated Extreme Championship Wrestling.
Appropriately, this man with a variety of interests was also a past president of the local Variety Club — giving back an important trait as he learned early on being raised in a Jewish home — as well as the State Pawnbrokers Association, dual facets of a fascinating career.
As another customer waits to be let in, Gordon concedes the special buzz he gets from life is from being dad to Rebecca and his two other children, noting that he was created for this role.
After all, he reveals of that special date in 1955, “I was born on Father’s Day.”
Tags: Carver W Reed, consumer credit, Pawn Loans, pawnbroker, pawnshop, Philadelphia Posted in Pawn Shop Stories | No Comments »
Thursday, June 10th, 2010
From WLS AM Dot Com
Pawnshop owner protects himself with gun
A convicted felon was shot to death as he tried to rob a Northwest Side pawnshop Tuesday afternoon — the third incident involving a citizen shooting an assailant in the city in the past two weeks.
The man killed was identified as Michael McMillan, 24, of 309 N. Menard Ave., according to a spokesman for the Cook County Medical Examiner’s Office. McMillan was pronounced dead at Our Lady of the Resurrection Medical Center at 1:17 p.m., the spokesman said.
The slain suspect was convicted in 2006 of armed robbery and sentenced to boot camp, court records show.
Police sources said the owner of Fullerton Pawners Inc. shot the robber at about 1 p.m. inside the store. Two accomplices, one wearing a black backpack, ran away. One may have been wounded, sources said.
Police have recovered a revolver they believe the slain robber was wielding, sources said.
Joseph Barats, president of the store at 5900 W. Fullerton Ave., declined comment. On a YouTube video, Barats said the store is family-owned. He took over the business about five years ago, he says in the video.
“We have the nicest stuff,” he says. “We are like the real pawn stars. Every day something is happening here.”
Police were reviewing video of the incident, taken from a surveillance camera in the store, sources said.
Detectives also were interviewing witnesses Tuesday night to determine if any charges should be brought against the shooter — including charges involving the city’s handgun ban.
The U.S. Supreme Court is expected to rule this month on the constitutionality of Chicago’s longstanding ban. Already, members of the gun lobby have pointed to two earlier incidents as reasons to lift it.
On June 3, a 27-year-old South Austin man shot and wounded a man who jumped through the window of a home as he was running away from police officers during a drug bust. And on May 26, an 80-year-old Korean War veteran shot and killed a suspected burglar at his home in East Garfield Park. The veteran was robbed at gunpoint last year, his family said.
Neither resident was charged with violating the handgun ban. In both instances, the slain robbers were convicted felons.
–Sun-Times Media Wire, Chicago Sun-Times
Tags: Armed Robbery, Chicago, consumer credit, Pawn Loans, pawnbroker, pawnshop Posted in Pawn Shop Stories | 2 Comments »
Sunday, May 30th, 2010
From Boston Dot Com
A family’s heirloom, history are reclaimed
By Kevin Cullen, Globe Columnist | May 30, 2010
As soon as his boys could walk, Francis “Fuzzy’’ Hector took them on airplanes at Air Force bases. He wanted them to stand inside the belly of a transport and get that rumbling feeling in their own bellies.
“Man,’’ Derek Hector was saying, “my brother Chris and I, we went to air bases all over the place when we were kids.’’
They called him Fuzzy because he was fast.
“My dad ran track for Boston English,’’ Derek Hector said, “and he could fly.’’
Then World War II broke out and Fuzzy Hector really did fly. He went to train in Alabama as one of the Tuskegee Airmen, a group of African-American warriors deemed good enough to be part of an elite Army Air Corps unit, but not good enough to be considered the equal of a white man. Fuzzy Hector was a gunner and a radio operator.
After the war, Fuzzy Hector came back to the South End and raised two boys with his wife, the lovely Edna. He went to college and worked as an account executive for a liquor distributor for 30 years. And he kept telling all the other Tuskegee Airmen he would see around Boston that they had to do something, that they couldn’t leave their history to somebody else.
So they formed a local chapter of the Tuskegee Airmen and they would go into the schools and talk to the kids, and they would get together, old soldiers, and tell war stories, and whenever a Tuskegee Airman would die, Fuzzy and the boys would be there, at attention, snapping a final salute to a Lonely Eagle.
Fuzzy and Edna were married for 50 years when he died in 1998. Tuskegee Airmen, old black men in gray slacks, blue blazers, and ties the bright red color of their airplane tales, lined Charles Street AME Church and saluted Fuzzy Hector one last time.
“When my dad died, Chris really was the one who had to take care of things, take care of my mom, look after my dad’s affairs,’’ said Derek Hector, who had moved West in 1992, eventually to Chicago, where he worked as a tailor.
Chris Hector had to take care of himself, too, and that wasn’t easy after Vietnam. He had joined the Air Force, because of and in tribute to his father.
“The doctors said he was exposed to Agent Orange, and he had other problems,’’ Derek Hector said. “When he got out of the service, he had health problems the rest of his life.’’
Chris Hector got a job in the post office and that’s where he was working when Mike Goldstein first met him. Goldstein runs Empire Loan in the South End, and Chris Hector would come in to pawn jewelry.
One day, after his dad died, Chris Hector walked in and said he wanted to pawn his father’s Tuskegee Airmen ring, a heavy gold band with a blue stone.
“He told me about the history of it, about his father, about the Tuskegee Airmen,’’ Goldstein said. “I knew he was just borrowing against it, because in all the years I knew him he had never lost anything to foreclosure, and he certainly wasn’t going to lose his father’s ring. He pawned it dozens of times, over a six-year period, and he always paid back the loan and got the ring back.’’
Five years ago, Chris Hector stopped making payments on the last loan, for $150, that he took against the ring. In fact, he just stopped coming in.
He stopped coming in because he got sick and died. This took Goldstein months to find out. Goldstein was entitled to sell the ring or scrap it, but he couldn’t do it.
“I held that thing in my hand and it felt like history,’’ he said. “I just wanted to give it back to the family.’’
Goldstein put the ring in a safe and tried to find the family. He left a message with Edna Hector, but its significance didn’t register, and so the ring sat in a safe at the corner of Washington and East Berkeley streets for the last five years.
“It was one of those things, I just put it on the back burner and I figured I’d get to it some day, and the months passed and the years passed,’’ Mike Goldstein said.
Then one day he was reading Lena Horne’s obituary, and there was a story about how when Horne went overseas to sing during World War II, German POWs got better seats than African-American soldiers. Mike Goldstein thought of Fuzzy Hector’s ring again. He was sitting in his office and he looked at the calendar and saw Memorial Day was coming up and he knew he had to do something.
Mike Goldstein is a pawnbroker, not a detective, so he asked the people at his advertising agency, Mittcom, if they had any ideas. One of the supervisors, Alicia Pensarosa, started looking around and found Willie Shellman, president of the New England chapter of the Tuskegee Airmen. All she had to do was say the name Fuzzy.
A couple of days ago, Derek Hector went back to the South End for the first time in so many years he couldn’t remember.
“I remember it as Dover Street, not East Berkeley,’’ he said.
Then he walked into Empire Loan and Mike Goldstein handed him his father’s ring. He told Mike Goldstein he had given him a piece of his father back.
“This is the only thing of my dad’s that I have,’’ Derek Hector said.
Edna Hector is dying, and Derek Hector is back in town, taking care of her in her last days. Derek Hector put the ring in his pocket and went to see his mother.
“Mom,’’ he said, “I got dad’s ring back.’’
“That’s nice,’’ Edna Hector said. “You know, Chris has got to be more careful with your father’s things.’’
Tags: Boston, consumer credit, Empire Loan, Pawn Loans, pawnbroker, pawnshop Posted in Pawn Shop Stories | 1 Comment »
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