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"Pawn Stars" Melts Stolen Collection
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<p>[QUOTE="Detecto92, post: 1883803, member: 75105"]After reading over the variations in several news articles, and past experiences with own pawn brokers, and knowing someone who uses to run one, here are my opinions..</p><p><br /></p><p>1. The pawn shop does have a large volume of stuff that goes through it, they would send rings and other things into the smelters instead of having hundreds of them in cases to get maybe an extra 20 dollars over melt because it looks nice.</p><p><br /></p><p>2. The pawn shop cast [appears] to be half way knowledgeable about coins.</p><p><br /></p><p>However from the article it appears that there were indeed quite a few nice coins in there.</p><p><br /></p><p>The person robbed claimed some of the coins were worth 4 to 5 times the metal content, and were "untouched by human hands", so I assume we are talking about graded MS coins.</p><p><br /></p><p>I assume the pawn shop did not melt the coins down, but rather sold them and made the story up so they wouldn't get left holding the bag.</p><p><br /></p><p>The pawn shop also claims the "cases were cracked" due to the grades not being "worth anything".</p><p><br /></p><p>However most basement slabbers grade low value coins, so I'm wondering what TPG graded these coins and did not get their "seal of approval".[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1883803, member: 75105"]After reading over the variations in several news articles, and past experiences with own pawn brokers, and knowing someone who uses to run one, here are my opinions.. 1. The pawn shop does have a large volume of stuff that goes through it, they would send rings and other things into the smelters instead of having hundreds of them in cases to get maybe an extra 20 dollars over melt because it looks nice. 2. The pawn shop cast [appears] to be half way knowledgeable about coins. However from the article it appears that there were indeed quite a few nice coins in there. The person robbed claimed some of the coins were worth 4 to 5 times the metal content, and were "untouched by human hands", so I assume we are talking about graded MS coins. I assume the pawn shop did not melt the coins down, but rather sold them and made the story up so they wouldn't get left holding the bag. The pawn shop also claims the "cases were cracked" due to the grades not being "worth anything". However most basement slabbers grade low value coins, so I'm wondering what TPG graded these coins and did not get their "seal of approval".[/QUOTE]
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"Pawn Stars" Melts Stolen Collection
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