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Is The Pawn Shop The New Spot For Holiday Shopping?

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(WWJ Photo/Sandra McNeil)

(WWJ Photo/Sandra McNeil)

sandramcneill

Reporting Sandra McNeill

GARDEN CITY (WWJ) - Doing your holiday shopping at the pawn shop?  WWJ’s Sandra McNeill reports that’s not so odd anymore.

Tom Blaine owns the Garden City Exchange and says his business though October is already up 49 percent over December of last year.  The bad economy means he’s getting people selling new and high-end electronics like iPads and he says the popularity of reality shows mean people aren’t as embarrassed to shop there.

 Is The Pawn Shop The New Spot For Holiday Shopping?

(WWJ Photo/Sandra McNeil)

“Sometimes I’m sure they are.  They might want to try and make it look as new as possible,” said Blaine. “But, you know, times are tough. People don’t mind as much.  They’re looking for a deal more than anything.”

Shopper Jason Miller has no problem buying gifts there.

“Yeah, it’s a good place to shop. You know, you get a good deal on everything,” he said. “My daughter plays video games and everything for like the (Nintendo) Wii. So, if I found some good deals on Wii games I’d come up here and pick ‘em up.”

Brian Lesher says it’s better than the mall.

“They’re selling, you know, mass-produced stuff. You know, where you can find more unique stuff here at pawn shops,” said Lesher.

Lesher said he once bought a girlfriend a diamond ring at the pawn shop. And, no, he didn’t tell her where it came from.

“It’s the thought that counts, right? If it looks good, I mean, you shouldn’t ask questions like that,” he added, with a laugh.

Blaine said he does provide brand new boxes with jewelry purchases.

View Comments
  • Nomotown

    Santa’s Defeated Crackhead Village aka Detroit.

  • Barry Levy

    was in Vegas and went to Pawn Shop that is the one in the TV series.

    Very interesting, but so different from the shows.

    Interesting to see items that were on the show for sale,, and prices far greater than what they paid the person. But that is business. If you don’t like what they are willing to pay, do the homework and go out and sell the item yourself. Time is money.

  • Muslim in Chief

    How’s Hopey Changey working out for you?

    • davec

      its worked a lot of people out- out of jobs, out of homes on the street, out of clothes, food, savings, pensions

      Yep, its working out.

  • Joseph L Cooke

    Holiday shopping? Oh, how PC. Man up and use the word, Christmas.

  • Jim

    Its Christmas yoy PC moron journalist!

  • Karl Magnus

    Guns.
    That’s what pawn shops are best suited for selling, however, there is at least one pawn shop on the border of Detroit and the ‘burbs that advertises on TV. So, the “urbanites” raid the suburbs and stop off at this place on their way home to sell their stolen goods, mostly jewelry. You’d think that the cops would have wised up decades ago when “white flight” left only the criminal element in Detroit. But Nope.
    ~(Ä)~

  • etee

    Old Terminology – “Pawn Shops”
    New Terminology – Obamanation Emporiums… Where your wealth is being “re-distributed” by your local neighborhood “Community Organizers”.

  • Razzy

    Tyrell McPimpscoon

    a pawn shop???…in DETROIT?????…the owner must have a death wish

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    The store is in Garden City( per the sign on the store), not Icktroit, it’s a very nice, friendly store. I pawned my wedding ring there.

  • JT

    Pawn shops have a dirty feeling about them. The same usually goes for the people who run them. The ‘Pawn Stars’ cable show is the same way. This article is probably either a response to the interest generated by that show, or the same people who own CBS, also own that show, and are thus promoting it.

  • davec

    Pawn shops are a sort of “lender of last resort” at least they arent out to STEAL from people like the payday loan thieves who need to be run out of business.

    Its sad when theres a level of botom feeders that make credit card companies look good.

    Agreed – “pawn shops, the new reality in the Obama economy.”

    Wife tells me she recalls a story about the economic dump being preceeded by a sharp increase in pawn shop sales. Would be an interesting side story if so.

  • http://countenance.wordpress.com/2011/12/11/fun-with-sunday-headlines-12/ Fun With Sunday Headlines « Countenance Blog

    [...] CBS Detroit:  Is The Pawn Shop The New Spot For Holiday Shopping? [...]

  • Jim

    I know an alcoholic painter who lives in his car who pawns his compressor between jobs. He has no place to store it, so, for $30 he stores it at the pawnshop for months at a time.

    Pretty clever.

  • sablegsd

    Hubs and I like to watch Hardcore Pawn.

  • http://pfsuccess.com/2011/12/christmas-shopping-at-pawn-shops/ Christmas shopping at pawn shops? | Personal Finance Success

    [...] was reading this article at CBS Detroit about Americans doing more Christmas shopping at pawn shops this year.  I can see that some deals [...]

  • Jerry Frey
  • http://www.truckingboards.com/forum/washington-dc-holy-land/4136-back-page-news-open-all-post-articles-628.html#post965547 BACK PAGE NEWS (open to all to post articles) – Page 628

    [...] [...]

  • http://www.alluponthat.com/2011/12/11/putin-missiles-pawn-stars-vegas/ Putin. Missiles. Pawn Stars. Vegas. I’ve got opinions. | All Up On That

    [...] fab: People are doing their holiday shopping at pawn shops, which are winning big in the [...]

  • http://www.alluponthat.com/2011/12/14/pawn-stars-military-cuts-nukes-and-donald-trump/ Pawn Stars, Military Cuts, Nukes and Donald Trump | All Up On That

    [...] fab: People are doing their holiday shopping at pawn shops, which are winning big in the [...]

  • keith

    yes sometimes very rude people run pawn shop especially at 6 mile and Winston shopped there once, tried to haggle as one should do with used stuff and the person working behind counter said things about my wife, I would never repeat, first and last time to go his his shop.

  • http://www.tngovwatch.org/the-other-shoe-drops-a-current-events-round-up-for-conservatives-16/ THE OTHER SHOE DROPS: A current events round-up for conservatives | Tennesseans Watching Federal & State Government

    [...] † Living In These Mad, Mad, Madoff Times: A recession is when you do your holiday shopping at Kohl’s. A depression is when you do your holiday shopping at the pawn shop. CBSDetroit.com reports: [...]

  • Shri

    I can’t find the answer, but I’ll note my utotghhs.Both the mints (currently four) and the Bureau of Printing Engraving come under the Treasury Department, so I assume the Treasury Secretary is the one who actually decides who is on each coin or bill. I don’t think the Congress has to sign off, although they certainly could pass a law to do so. The president could tell the Secretary where to go.The Sacagawea gold dollar may be atypical, but I think it’s the wave of the future: The Historic Design Selection ProcessNever in the history of the United States had the public played such a unique role in picking a design concept for a circulating coin. The Golden Dollar’s journey was as unique as the journey of discovery it commemorates.Dollar Coin Design Advisory Committee AppointedThe Dollar Coin Design Advisory Committee (DCDAC) included a member of Congress, a university president, the president of the American Numismatic Society, the under secretary of the Smithsonian Institute, a sculptor, and an architect. United States Mint Director Philip N. Diehl chaired the committee in a non-voting capacity.In June 1998, the DCDAC convened in Philadelphia. It deliberated about the design concept in a public session. Outside input factored heavily into the Committee’s decisions. The Committee listened to 17 design concept presentations from members of the public, as well as to numerous mail, phone, and e-mail messages submitted by the public.On June 9, 1998, the committee recommended that the dollar coin bear the image of Sacagawea, the Native American woman who accompanied Lewis and Clark on their exploration of the American West.The Public Reviews the DesignsThe artists received few guidelines but were told to be sensitive to cultural authenticity in creating an image of Sacagawea. They were also requested to create reverse eagle designs reflecting peace and freedom. After receiving designs from 23 invited artists, the United States Mint again turned to the public for input on the final choice.In November and December of 1998, the United States Mint invited representatives of the Native American community, numismatists, artists, educators, historians, members of Congress, United States Mint and Treasury officers and employees, and other members of the public to review and comment on all designs received. Using these comments as a guide, the United States Mint narrowed the field to six obverse and seven reverse designs.Design Field Narrowed to SevenThe United States Mint tapped into the power of the Internet. It published the design finalists on its web site and received a never-imagined response: Over 120,000 emails and 2,000 letters and faxes.In addition, the United States Mint shared the designs with Native American tribal leaders and other representatives, and with members of Congress. The United States Mint also conducted focus groups with representatives of the public and the numismatic community. In addition, historians advised the United States Mint on the historical merits of each finalist design.Using feedback and information gathered from these sources, the United States Mint narrowed the field further to seven final designs, three obverse and four reverse, before submission to the Commission of Fine Arts on December 17, 1998.Choosing the Final DesignThe seven final designs were forwarded to the Commission of Fine Arts, which provided its recommendation to the United States Mint. After much review of all the input received to date, the United States Mint presented the final designs to the Secretary of the Treasury. On May 4, 1999, the United States Mint unveiled the selected design at the White House.So the answer seems to be: The Secretary of the Treasury. I suspect the same answer goes for paper money. Don’t forget that we also have the $1 silver Susan B. Anthony dollar coin, the $2 Jefferson bill, and bills of $500, $1000, $5000, and $10,000.

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