OXON HILL

5225-B Indian Head Hwy.
Oxon Hill, MD 20745
(301) 839-4433

WALDORF

3360 Crain Hwy
Waldorf, MD 20603
(301) 645-1600

OPENING HOURS

M-F 9:00AM - 8:00PM
SAT 9:00AM - 7:00PM
SUN CLOSED

5225-B Indian Head Hwy.
Oxon Hill, MD 20745
(301) 839-4433

3360 Crain Hwy
Waldorf, MD 20603
(301) 645-1600

Happy Valentine’s Day Sale

70% OFF ALL JEWELRY
NOW THRU DECEMBER 20th, 2016
SHOW NOW FOR CHRISTMAS

 

70% Off All Jewelry

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There will always be people happy to have a casino open near them, and people who will protest having the casino. Let’s concentrate on the benefits of a casino such as the MGM National Harbor casino opening and doing business locally. There are several areas that benefit from a well-run casino operation. They are jobs, increased tax base, tourism from other areas and states, increased sales for local businesses, and local entertainment for residents. These benefits can not be ignored and should be celebrated in these difficult economic times.

Local Jobs

An MGM casino at National Harbor can mean many jobs for local workers from the construction of the casino to its daily operation. This means that many local citizens who might have had to go away from the community to find jobs can stay at home with good jobs. Part of the money earned by the hundreds of employees at the casino will be spent on local housing, groceries, clothing, eating at local restaurants, and many other services and shopping opportunities that the community offers. These people will need to avail themselves of local services like water, electricity, schools, and more. This will all contribute to the financial health of the community.

Increased Tax Base

Casinos bring increased tax revenues to communities who are entitled to receive a 5.5 % tax on lottery terminal revenue, and other gaming taxes. Then, there are the non-gaming taxes paid by casinos and their employees such as income taxes and property taxes. The casino will be paying entertainment tax and hotel/motel taxes. These various taxes can add up to millions of new revenues for the state of Maryland and Prince Georges County. These revenues can be used for schools, infrastructure, and other programs to improve the lives of residents.

Tourism From Other Areas And States

Having a casino at National Harbor will generate a large increase in tourists coming to the area to visit the casino and spend money at other local businesses. The MGM at National Harbor will live up to MGM’s track record for creating unique and appealing destinations to attract visitors from greater distances. A casino with a reputation for having high-quality amenities and entertainment can be a real boost to an area’s tourism numbers. All those visitors spend money in many local businesses.

Increased Sales For Local Businesses

When this MGM Maryland casino opens, it will spend millions of dollars each year purchasing goods from local vendors. The casino will pay for heating, electricity, water use, cleaning supplies, food, and other products needed in the daily running of the casino. It will have a very large payroll for the many workers from the community. They will spend that money in their neighborhoods.

Local Entertainment For Residents.

Local residents have already been gambling and going to casinos in neighboring states such as West Virginia and Pennsylvania. Now they can spend their money locally instead of taking their money out of state. This will help Prince George’s County and the state of Maryland recapture millions of dollars that would otherwise be benefiting other states. For more information, please visit the website of the MGM National Harbor. If you’re in the MGM area give us a visit at Top Dollar Pawn & Jewelry.

Top Dollar Pawn and Jewelry will be welcoming a new neighbor in 2016 — the MGM National Harbor Casino. The new casino is currently being built less than a mile from our store, so we hope you’ll take the opportunity to visit them after you stop by to see us. The casino will not only provide thousands of jobs for our area, but will provide a huge economic boost to the area as well.

The National Harbor Casino is the sixth casino to be granted a license to operate in Maryland. Whiting-Turner Contracting Company has been selected as the Prime General Contractor for the new casino.

MGM is known for its lavish and luxurious hotels and casinos. If you’ve been to Las Vegas you may have seen or visited some of their other casinos — MGM Grand, Bellagio, Mandalay Bay or the Mirage. Don’t think the word “casino” means all they will offer is gambling. Yes, there will be 3,600 slot machines, 250 game tables, including poker tables and plenty of opportunity for other gaming adventures.

There will also be seven restaurants, numerous retail shops, a spa and Las Vegas scale shows for those who want more than just a great gambling experience. The 18-story glass luxury hotel will house 300 rooms and suites, plus a rooftop swimming pool.

The restaurants will include southern-style barbecue and comfort food from Gina and Pat Neeley. Andrew Carmellini, a James Beard Award winner, will provide haute cuisine. Maryland’s own Voltaggio Brothers will have a restaurant there, as will other local and renowned restaurateurs. You can expect great shows to be held in the 1,200 seat theater.

If you’re in the area on business, considering renting some of the 35,000 square feet of meeting and event space. Don’t worry about parking either. There’s a 5,000 space parking structure as well.

Top Dollar Pawn and Jewelry, a family owned and operated store, is the largest and closest pawn store to the new MGM casino. Like Top Dollar Pawn and Jewelry, the MGM National Harbor Casino places an emphasis on supporting local businesses and residents.

The casino will be hiring thousands of new employees, providing jobs for construction workers first, then later for vendors, managers, chefs, servers, tech jobs, security and more than 100 different positions throughout the casino.

MGM will be hiring primarily people from Prince George’s County and other parts of Maryland. The company is committed to diversity, with half of their employees coming from minority backgrounds. The casino is dedicated to excellence, and promises to support the residents of the area through attracting an increased number of tourists, by providing jobs to thousands of men and women, and through raising the value and attraction of the area.

Top Dollar Pawn & Jewelry will be the premier pawnbrokers and cash for gold resource for all National Harbor visitors.

Pawnbroking has been around since the earliest ages of the world. Pawnbroking, which is lending money on a security type basis, is one of the oldest professions. Pawnbroking emerged in the Middle Ages throughout China, Ancient Greece, and the Roman Empire. Pawnbroking has had a significant affect on the history of the world. An important piece in history was the discovery of America by Christopher Columbus. A lot of people don’t know but his voyage was founded from the pawning of Queen Elizabeth of Spain’s jewelry. Throughout history pawnbroking aided not only the poor but all members of society. Many royalty figures pawned their expensive possessions to help aid in military exploits and also great expeditions.
The 19th century is when pawnbroking started to increase in popularity, there were as many pawnbrokers as public houses. The pawnbrokers would lend money for almost anything ranging from bed linen to cutlery. Today, pawnbroking is a quick, simple way to obtain money. Pawn shops are fully secure and guarantee you will get the item you gave to them back in the same condition. Pawnbrokers have had a great positive affect on history and will continue to help aid people by lending money.

Academy encourages entrepreneurship in students by Gretchen Phillips Staff writer
Maryland Independent
Starting one’s own business and being an entrepreneur isn’t always easy but can be very rewarding. This is what students in the Young Entrepreneurs Academy are learning among other skills in the newly formed academy, the only one like it in the state, according to its organizers. On a recent Wednesday, the group met with Top Dollar Pawn and Jewelry owner Michael Cohen. Cohen recently opened a second shop in Waldorf, Md.

Read More…

From early civilizations to modern day, people have always found themselves in need of one thing: fast cash. The solution to get fast cash has been around just as long: pawning. Since the idea of pawning came about, millions of people have turned to it. To “pawn” an item means that an individual will exchange a personal item for a loan. Once an individual has overcome their need for money, they have the option to pay back the pawnbroker, plus an amount of service charge, to get their item back. However, if an individual is unable to pay back the loan, the pawnbroker has the right to sell the item. For thousands of years, pawnbrokers have provided individuals with monetary loans in exchange for items of value. Let’s take a look at how pawning has changed from its roots until now.

Beginnings of Pawn Shops

Pawn shops first emerged in ancient China as a way to extend short-term credit to struggling peasants. The creation of these shops enabled poor peasants and workers to be able to save money and provide for their families. The practice of pawning clothes at the beginning of the week (usually Monday) and then retrieving them on their payday (usually Friday), was an extremely common way for workers to live throughout the week. In ancient Rome and Greece, pawn shops were an easy way for merchants to get their small shops off of the ground. Wealthy and prominent families, such as the Medicis of Italy and the Lombards of England, became known as successful money-lending families.

Where Does the Word Come From?

The actual word “pawn”, comes from the Latin work of “platinum”, which means clothing or cloth. For thousands of years, clothes were regarded as the most important item that the working class owned. Though most pawn shops operated privately, in the 18th century, some pawn shops were operated publicly and offered loans to the poor.

Pawn Shops of Today

The practice of pawning has been in place long before pawn shops even existed. Today, there are more than 12,000 pawn shops that operate in the United States alone!

For many, pawn shops are storehouses of history. Why do you think that Pawn Stars has become such a hit? Collectors and enthusiasts are able to find rare and unique items that cannot be found anywhere else. Plus, it’s a thrill to find out if items are actually authentic or a fake.

As one of the best local pawn shops in Maryland, Top Dollar Pawn & Jewelry offers four different types of services:

• Lending solutions- small and large collateral based loans
• Customers can sell used or unwanted items for cash
• Customers can buy unique and valuable items
• Purchasing scrap gold – Cash For Gold

Top Dollar Pawn & Jewelry can answer any questions you have about the pawning process, buying goods, selling gold jewelry for cash, or selling your goods. With two locations to serve you in the state of Maryland, we can serve you easily! For our Waldorf location, contact us at (301) 645-1600. For our Oxon Hill location, contact us at (301) 839-4433.

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Call us at 301-839-4433 or email us a picture through our contact us page for a free quote.
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