Byzantine Coin on Pawn Stars Tonight

Saw this in tonights episode description.

 

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awesome ... could be somewhat entertaining, eh?

 

For sure, Chum will be eating all of the profits of that hot dog stand.

 

I know they had a Shekel of Tyre on for one episode and they sent it out to be slabbed. I was really confused when they sent the coin to PCGS for authentication when usually most people would send Ancient's to NGC. It was all drama filled because the Shekel had once been stolen from a collector and then showed up in their shop from a guy who had bought it from a guy who bought it from the thief etc. Turns out the original collector was compensated through insurance and they were allowed to keep the coin after all.

I enjoyed the episode because I was fairly confident that they had overpaid from what little they showed of the coin and then I read a review on a random blog about the episode who concurred

 

If the owner of the stolen coin was compensated by the insurance company for its theft, I would think that the insurance company is now the legal owner of the coin forcing the pawn shop to turn it over to the insurance company without compensation. Am I wrong?

 

No idea that is just what it said on the show. I don't know much about US law.

 

I think that is how it usually works.

 

*sigh* ... sadly, I forgot to watch

 

Me too -_-) even though I put a reminder on for it.

 

I missed it, but I don't care. That business about the Tyrian shekel was such a bunch of staged and uninformed nonsense that it just pissed me off.

 

Someone should grab a screenshot of the coin and save the rest of us from watching it.

 

It was a gold Constantine IX. Rick paid $1100 for it, Vagi came in after it was bought and told him its worth $700-$1000 cause there is little market for them.

Rick figured cause it was old...yeah....

 

Now if Johnny Cash owned a Byzantine coin...

 

it was pretty similar to this one...



but obverse was a bit more worn.

 

What did he think it was worth??

edit: retail

 

Read post #13

 

He thought he would be able to double his $1100.

 

Whats even more funny is his voiceover mentioned "I have to send it in for grading".

I just cringed when I heard that.

 

Hey i have one of those...i paid less than $300
Histamenon Nomisma ..29mm x 4.3g