Another Coin On New Pawn Stars

How much is to much? giving the man $34K on
A 40K+ is good for the old man and Rick

 

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I have been watching the catalog to see it goes to auction.if and when it is auction,you can bet it with bring 5X -10 more than 15K.I am sure there just waiting for the economy go up or the right buyer
I sure there not one other like it.

But back to coin Rick sure get them cheap.but I also wonder how many he got burn on?
That would make the show more interesting to me :devil:

 

MS-63 is $45K in the 2010 Red Book. I don't have any knowledge of gold coins, but I also heard the guy say very light wear, or something like that. I hope Rick is lucky on the grade...

Joe

 

Best of my recollection, there was an "S" on it and the expert said it was not Paquet. That leaves "a 61S then it would be equal to the finest known specimen which is currently certified MS63 by PCGS" and PCGS just happens to list the value of that as $40,000.

 

Haven't seen the show. Did he actually pay them off IN CASH? I can easily se them being able to make a 34K purchase but not in cash. It would be possible But I would think he would do it at the bank rather than in the store. It would take a lot of cash on hand to run a business like that, and I'm sure they have a VERY large line of credit as well. So getting their hands on $34K in cash would not be that much of a problem.

 

Yup, they showed bundles of strapped $100's being given to the owner in the store.

 

Rick showed everyone just how honest he is when he offered $35k for the treasure bar that he could have gotten for $24k easily. I bet there is at least $100k cash in the safe all the time and probably another $200k in the safe at the nearest Casino. Las Vegas is a cash town and you never know when a very valuable item might come in. I mean there are $5k minimum Blackjack tables, so $50k on hand is nothing. I mean I have watched $100,000 a hand Baccacharat played as well as $25k a hand Blackjack. (In response to the query about how much cash the might have around).

Those guys probably have a couple million dollar line of cash credit, I would guess. Certainly, they can come up with the money to lend out on just about anything that would show up.

I would think every Pawn Shop here is well capitalized ? They probably have more cash than any area bank.

gary

 

Whether the show is real or not, the pawn store is real. I would not want anyone knowing I had that much cash, or thinking I have that much cash. Just like American Pickers. These two guys drive down deserted roads with thousands of dollars in cash to spend on junk. After the show ends and the cameras are no longer there, what's to keep some thug from following them down one of those rural roads and putting a bullet in their heads?

 

I also really like the pawn dudes, especially Chumley. I read on another thread that someone had visited the actual shop in Vegas and said that it wasn't quite what he was expecting. I wonder how much the History Channel pays Rick Harrison for doing the show. Also, how does he find all those experts for all that weird stuff? He seems to find an expert for everything.

 

I was in Vegas for a pool tournament in August and made it over to the pawn shop sunday after the tournament was over. Their coin section wasn't too bad, they had a few cool items. They had a large bin of the .999 silver casino tokens you sometimes see posted around here, a few older older notes, a few bullion bars, several CC morgans and other things also but these are what mainly caught my eye. I inquired about a few items and tried to get a better price to feel them out and was told all prices in the coin case was solid, no wiggle room. The main group of guys you usually see on tv weren't there on the weekend which i found out when i got there.

On a side note about the coin in the OP...I found it pretty strange the old man told rick "what the hell, go for it" to pay the 34k. As tight as he usually is on the show this just struck me as odd and I'm guessing this coin could net more than the proposed 6k profit.

 

Because it's not his money he's spending. If any actual money is being spent, you can guarantee it's the History Channel's money that's being spent...not Rick's.

 

I don't really know for sure, but i don't think you are correct....For one reason, the home made cannon, and the 2wd dirt bike i saw him buy during a previous episode was sitting in the store for sale. If you owned a pawn business would you let a tv show in on your business ventures? If you owned a tv show would you give someone free reign to buy a 34k coin or various other BIG money items on a whim? Doubtful. Also, why would rick be so upset when his son buys big ticket items that they might lose money on? While i'm sure the people being recorded are coached etc, i think the transactions made have nothing to do with the history channel. BTW while i was there on the weekend there was no recording or history channel people there, this was a pawnshop first and a history channel show second.

 

I would be willing to bet you are wrong with one caveat - some of those scenes are setups.

 

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I've had this argument about this before on this forum. The quote above was taken from the History Channel website. The producers are in control. They control everything. Yes, for the exposure they are getting, Rick is going to let them run the show while the cameras are there. Wouldn't you?

Nothing is bought on a whim. Everything is controlled. The deal is made before the show is filmed. They read off of cue cards. Do you honestly think everybody sits around and wait for the experts to get there? With a union film crew sitting around getting paid for nothing? This is all done beforehand. If the producers decide to use that 20 dollar gold piece on the show, they get the expert beforehand. He's got to go through make-up and everything else involved. This is TV folks.

 

There is absolutely nothing said there that I disagree with. There is also nothing there that says it is the shows money. I am positive they screen the scenes and even pretty sure some of them are setups, but there is nothing to indicate the show is paying.

 

This isn't a debate about what items make it on the show, its a debate about who is buying them. Look at some items that make it on the show that Rick isn't even interested in purchasing.

 

You don't think the things Rick turns down aren't scripted also. Believe me, the History Channel is in control. They are the experts in the TV business. They are not going to take anyone's advice. Rick is along for the ride, and the recognition.

 

I'm sure it is all scripted and planned out and the deal is made before they put it on tv, im saying, like i said a post ago, I don't think the history channel is paying for the items. Rick is the one choosing which items to buy. Just a side note, that pawnshop was opened in 1988, they started the show in 2009. It's not like these guys at the pawnshop are actors put in a pawn shop.

 

rick really rips people off in my opinion. if you ever notice he never takes peoples offers he usually cuts peoples offers in half and offers it and kinda make it sound like hes barley going to make money.At the end he just makes the double of his offer. (which is usually in the thousands)

 

Yes, it was an 1861-S and no it definitely was not a Pacquet. It was very lustrous, but it was impossible to say whether or not is was MS or AU... or even if it was genuine. From the very brief shot it looked OK, though.

The dude who owns the pawn shop doesn't know jack squat about coins... but he talks a good game.