pawn stars buy 3000+ oz of silver

Discussion in 'Bullion Investing' started by trdtaco, Jun 5, 2012.

  1. trdtaco

    trdtaco Member

    any one see this episode.. holy cow i was drooling all over the place!!

    70 pound bar!!

    now they are selling there own 1 oz "old man" silver round.. i wonder how much there charging for one.. i would like to find one but im on the wrong side of the country..
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  3. trdtaco

    trdtaco Member

    haha found it on there e bay store.. 64.99 a pop!!!!

    too high for me
  4. They said $60 a piece for the one ounce Old Man silver coins. Who do they think they are...the US Mint? TC
  5. dsmith23

    dsmith23 Gotta get 'em all

    Forget the bar, I wonder what he had in those coins.
  6. dwhiz

    dwhiz Collector Supporter

    That's the sad part none where checked out
  7. Dr Kegg

    Dr Kegg Star Note Fanatic

    $60 and you can own the Old Man's face? Priceless. haha
  8. Silverhouse

    Silverhouse Well-Known Member

    I saw ONE quarter out of all that that they showed and it was a 1937, looked pretty good too. However knowing the old man he'll most likely melt all those silver quarters and dimes down. I don't particularly care for him, since he's one of those "melt it down" kind of guys. I'd bet he'd melt those nice 100 oz Englehard bars too if he got the chance.
  9. pmbug

    pmbug Member

    I wonder what the spot price was at the time the transaction took place and how much money the dude left on the table selling that much metal to a pawn shop instead of a coin shop.
  10. dwhiz

    dwhiz Collector Supporter

    This is the only "Old Man" coin I would buy 2000 NH Off Center 2.JPG Oh wait I did buy it and it was less than $60.00 (ANACS MS64 Old small white slab)
  11. Tyler G.

    Tyler G. Active Member

    I figured it out that he paid almost 30 thousand over spot in today's market, just shows you how long ago they filmed it.
  12. trdtaco

    trdtaco Member

    they showed the calculater as he was adding and he put in 32.and change times however many oz he was figuring.. so i dont know if spot was at 32 or if thats just what he was offering per oz.. im not sure how long it takes the show to go from recording to when its played on tv but i hope spot was not at 40+ and he took a big loss.. but i guess if you only paid 5 bucks an ounce 111,000 is cash in the bank..
  13. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    I'll pay $60.............for a ChumLee Coin....:eek:

    . 378__400x320_pawn_stars_chumlee_sword.jpg
  14. trdtaco

    trdtaco Member

    hahaha talk about the american dream lol.. guy is famous for being a goof ball.. guess its all about being in the right place at the right time
  15. BUncirculated

    BUncirculated Well-Known Member

    Just because they ask $60 a piece for those, doesn't mean they'll get it.

    But then again, eBay is full of bidiots!
  16. KTO

    KTO Eager to Learn

    During the episode, Rick said that they paid, "a dollar over," and that the seller was free to try anywhere else, but he wouldn't find a better price (in Las Vegas, at least). If Rick was calculating the price at $32.00 and some change, so the spot price was $31.00 and change, I would guess that they either filmed the episode at the beginning of May 2012 or back in Fall, 2011.

    Just my humble opinion. And everything that I know about the filming of Pawn Stars I learned from reading Charmy Harker's (aka, The Penny Lady ®) posts here on CT!
  17. rickmp

    rickmp The other White Meat.

    They make great Graduation, Birthday and Christmas gifts! Your friends and family will love you for it! Act now because they are sure to be a fast sell-out.
  18. I thought he said they paid a dollar under.

  19. I knew this thread would come up. :) I couldn't believe how much silver he had and said he bought it when silver was at 3 or 4 dollars an ounce in the late 90's. He should have cashed it in when silver was near $50.00 last year. Saw the commercials for it but didn't expect the bags of silver quarters and dimes. It would have been great to look through them.
  20. KTO

    KTO Eager to Learn

    OOPS. Hmmm, I guess I should have engaged my brain before posting.

    Halvessearcher has to be correct, I would expect a pawn shop to pay a dollar UNDER melt in order to make a profit. So, if silver was selling at $33+, then the episode probably was filmed in early March 2012.

    That is my even humbler opinion. :foot-mouth:
  21. Pacecar

    Pacecar Well-Known Member

    I got on shop dot history dot com after the episode to see if I could get 1. No go. I may buy 1 from ebay. I love the show and I love the old man.
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