pawn star art bars

A seller could easily make more on eBay for just about anything than at a pawn shop. People who sell to pawn shops are either in need to quick money or not up to speed on technology.

 

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Instant cash is what most people pawn stuff for. Selling on eBay takes time and you have to wait for payment, hassle of shipping item, etc.

 

To the pawn shops and the local bullion dealers, '70's silver art bars are treated as .999 generic silver when you sell to them. Actually, ebay, IMO, is the best way to sell rare silver art bars because there is always someone looking for one to add to their collection. It is fairly simple to sell a rare silver art bar on ebay and it does not take very long (6 days if it is a 6-day auction).

 

More than likely, you could be right. If Pawn Stars knew anything about how much Coca-Cola bars sold for on, for example, ebay, then, they probably would have bought them for bullion value and turn around and sell them for huge premiums over spot since those are very popular '70's silver art bars and most dealers and collectors know about their popularity.

Speaking of Coca-Cola bars, most local dealers are currently selling Coca-Cola bars for much higher than .999 generic silver premiums. It used to be not too long ago (2-3 years ago) that dealers treated Coca-Cola bars as .999 generic silver but now they are selling them for higher premiums because there is a strong demand for them. Some dealers that get Coca-Cola bars will go directly to ebay to sell them because it makes financial sense for them to do so since several of them will sell anywhere from $45 to as much as $2000+ depending the the type of Coca-Cola bar that they get.

 

I have lost a lot of respect for both "Rick" and the Amish looking expert. I saw an episode a few days ago where someone brought in a White House pass and an ID card for a guy who was an attorney general and Senator back in the 50s. The guy also brought in a counterfeit $10 bill that was blank on the front and was signed by this Senator and several other people decades ago.

Right off the bat Rick says it is a "felony" to own counterfeit currency. He brings in his Amish looking expert to go over the documents and asks if it would be legal for him to buy the fake yet signed $10 bill. The Amish looking guy says "It is illegal to own counterfeit currency." Both of these guys don't have a clue. It is illegal to produce counterfeit currency and it is illegal to spend/attempt to spend currency that you know is fake. It is not illegal to own a counterfeit note, let alone is it a felony.

If Rick was right, thousands of store owners in the United States who post fake currency by their registers to educate themselves and their employees would be automatic felons. If Rick was right, everyone who finds out they've unwittingly had a counterfeit note in their wallet when they go to spend them is an automatic felon. These people are victims of counterfeiters, they are not felons. Like I say, I have lost a lot of respect for Rick and his Amish looking expert.

 

I remember my first art bar, a confederate flag from my local coin dealer. Bought that when silver was @ 21 for 28. Then re-sold for 35 a year later...wish i still had it but oh well, and so the world turns.

 

Then , dear how much profit you get from that sale.

 

I believe what Rick did say was it's a felony for him to buy it knowing it's counterfeit.

 

TO ME art bars are worth melt. That is probably why I own none

 

That's all they really are worth, melt.

 

thats only your opinion, they are worth whatever someone is willing to pay for them.

 

Tell that to the two guys who sold a single 1 oz art bar on march 18th and February 5th on ebay for $2800 and $2700 respectively.

 

How many bidiots bid the price up that high?

Only two?

Just did a random search on eBay completed listings, BIN, the highest 1 oz bar sold for $55 plus shipping, and the cheapest one sold for $20.50 with shipping after 5 bids.

 

No different the the grade on the label. Just an opinion, a paid for, subjective, opinion

 

Your searches of completed listings could use work.

http://www.ebay.com/itm/Coca-Cola-C...488?pt=LH_DefaultDomain_0&hash=item33730ce308

http://www.ebay.com/itm/COCA-COLA-S...690?pt=LH_DefaultDomain_0&hash=item27c31e1f0a

There is also tons more completed listings in the 1000s range for the final price.

Ive personally sold 6 star wars 1 oz rounds for 820 bucks which is 135 per coin.

So just because they are not worth that to you does not mean its not worth that to others.

 

That Clarksville Coca-Cola bar is one of the hardest bars to find and it is not surprising to me that it sold for that amount. That is the highest $ amount that I have seen for a 1-oz silver art bar.

The ebay marketplace determines what a silver art bar is worth and that Clarksville Coca-Cola art bar auction is an example of a free market at work. Despite the negative things people think and say about ebay, it is the closest thing that we have to a free market. Regular ebay auctions in which people can bid on an item is a better gauge of demand for a particular art bar as opposed to BIN because BIN's tend to be priced too high and they do not tend to move at that BIN price.

 

Holy crap - never knew those art bars can draw such money. Hmmm- learned something new - maybe I can run into some of those coca cola bars. So thanks for the information, always good to learn something like this. I know one of the ladies at work has several bars and I think most are englehard silver rounds, but who knows. I will have to mention this again tomorrow. I think she got them from her mother before she went into the nursing home - I told her to sell when it went to $40, but she held onto them.

 

Dont forget certain star wars ones pay 3-5 times spot as well. But the right ones are very rare.

 

I have exceptional English comprehension skills and know exactly what Rick and his Amish looking expert both said. What I wrote in post #28 is without question, very accurate.

 

Nothing wrong with my search skills on eBay completed listings.

http://www.ebay.com/csc/i.html?LH_C...=1&_nkw=silver+art+bars&_trksid=p3286.c0.m301

BIN completed sales of 1 oz silver art bars.