I love when someone brings in a coin on Pawn Stars or Antique roadshow. Are there any shows like that that mostly cover coins that anyone knows of?
Not that cover coins. There are several where you can see other old type stuff. I kind of like the variety.
None that I've heard of. It probably would not have enough general interest to last through one show, let alone a full season.
I can tell you this: The most valuable old coin available at the Gold and Silver Pawn Shop is an 1859 No. 3 gold piece in mint condition, valued at $2,650.
The Pawn stars doesn't take coins like the show depicts. First, I was told they don;t take ANY copper, Next onlt graded slabbed coins are accepted and ONLY by PCGS. Silver is purchased at 6x face value. This was April '11. All these shows are pretty scripted and written for the ratings game. IMHO gary
They apparently take raw gold coins, at least they had 60 Krugerrands on hand to buy the guy's Lincoln roadster.
They too gold bullion. But they told me they didn't take coins as such. Collectibles and that. Like I said, I was told, they don't take copper, pay 6x face for silver and only look at PCGS slabbed stuff. Of course, I was also told that the Old Man, Chum Lee, Hoss and Rick don;t come in to the store any more. I guess they are too busy promoting the TV show. Believe me I went there. I even posted a thread about my experience. But maybe you ought to come here to Las Vegas and check it out for yourself ? They might cut a different deal with you ? gary
I am just going by the tv episodes I have seen. I am not surprised they dont even go in there anymore. They probably work a few weeks to get enough material for the show.
You do realize that those shows are staged right? Meaning they advertise for people who have rare items to come on the show and try to make a deal? If you think about it, how many pawn shops where you live have a lot of high end items such as rare gold coins, or original antique firearms? Some shops don't deal in firearms because the licensing requirements for buying and selling firearms is more than the shops are willing to invest. Not only that, but I don't know too many collectors who, have high valued items in their collections, are desperate enough to except 30% of the value of their items to sell it to a pawn shop who will then turn around and sell it at 150% mark up from what they paid for it.
It is probably 500% of what they bought it for, which is what you are trying to say, I think, what you are saying is that they sell it at 45% of the value of the item
That's OK, it's still fun to watch. This is true...in fact, the Pawn Stars shop only deals in antique firearms that don't require the normal FFL license to sell.
