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Does Les Still Own American Jewelry and Loan?

Published in Pawn Shop Ownership 2 mins read

Yes, Les Gold remains the owner of American Jewelry and Loan.

Ownership of American Jewelry and Loan

American Jewelry and Loan, a prominent establishment, is currently owned by Les Gold. The pawnshop is a significant part of his business ventures and family legacy.

Les Gold: A Legacy in Pawnbroking

Les Gold is a seasoned and successful businessman, known for his deep roots in the pawnbroking industry. He represents the third generation of his family to engage in the business, carrying on a tradition passed down through his lineage.

Key aspects of Les Gold's background include:

  • Third-Generation Pawnbroker: His involvement in the pawn business is a continuation of a family legacy.
  • Grandfather's Legacy: His grandfather was also a pawnbroker, who owned and operated a pawnshop called Sam's Loans, which was located on Michigan Avenue in Detroit but is now defunct.
  • Business Acumen: Beyond his family history, Les Gold is recognized for his entrepreneurial skills and management of American Jewelry and Loan.

Here's a quick overview of the ownership:

Entity Owner/Status Relationship to Les Gold
American Jewelry and Loan Les Gold (Current Owner) Himself
Sam's Loans Les Gold's Grandfather (Former Owner, now defunct) Grandfather