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<p>[QUOTE="10gary22, post: 927125, member: 23626"]I hear you. It has been my experience that the Pawn Brokers here in Vegas don't bother to call in experts because they offer so little, it doesn't matter if it's fake. I mean if they pay $500 for a $10,000 item, they will sell it for at least $1,000. I believe the TV plays the biggest part of all this. If you watch the "Old Man" closely, honesty is not the issue but profit is. He is always saying stuff like "If it was perfect, it would be worth $500, but it's not perfect so I can give you $25. Take it or leave it". That's the Pawn Brokers I know about anyway. LOL</p><p> </p><p>If the transaction had not been a part of the TV show, I agree that they would have gotten the coin for $2,000 or less. IMHO</p><p> </p><p>Pawn Brokers here are surrounded by desperation. Most of the clients really need money very badly and have no place else to turn. Why else would you sell your items for pennies on the dollar ? Ever since I was offered $35 for my 1932 S Washington, it made me more aware of how things work here. I knew that for new condition tools, the shops offer about 20% of replacement cost. They sell them for about 75-80% of replacement cost. It was always cheaper for me to buy new in a retail outlet and get a warranty than to save 15% buying at a Pawn Shop. I never sold or pawned anything because the money offered was so little, it hardly seemed worth it.[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 927125, member: 23626"]I hear you. It has been my experience that the Pawn Brokers here in Vegas don't bother to call in experts because they offer so little, it doesn't matter if it's fake. I mean if they pay $500 for a $10,000 item, they will sell it for at least $1,000. I believe the TV plays the biggest part of all this. If you watch the "Old Man" closely, honesty is not the issue but profit is. He is always saying stuff like "If it was perfect, it would be worth $500, but it's not perfect so I can give you $25. Take it or leave it". That's the Pawn Brokers I know about anyway. LOL If the transaction had not been a part of the TV show, I agree that they would have gotten the coin for $2,000 or less. IMHO Pawn Brokers here are surrounded by desperation. Most of the clients really need money very badly and have no place else to turn. Why else would you sell your items for pennies on the dollar ? Ever since I was offered $35 for my 1932 S Washington, it made me more aware of how things work here. I knew that for new condition tools, the shops offer about 20% of replacement cost. They sell them for about 75-80% of replacement cost. It was always cheaper for me to buy new in a retail outlet and get a warranty than to save 15% buying at a Pawn Shop. I never sold or pawned anything because the money offered was so little, it hardly seemed worth it.[/QUOTE]
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