Paydirt! Hit the jackpot at the local Pawn Shop
Texast
Posts: 1,899 ✭✭✭✭
I went into a local pawn shop looking for the new additions to the coin counter, Spotted two Norfed $20 rounds and a 10 dollar round, asked how much, she said $10 each for the 20's and five for the 10, two and a half ounces of silver for $25 not to bad, then I asked how much she wanted for a stack of Franklin half's, she said a dollar each, and the Kennedy's I asked, "Oh there a dollar also" walked out with 17 franklins and six 64 Kennedy's and the round's, $48.00 Total - she didn't even bother to charge tax... Not a bad day 
On BS&T Now: Nothing.
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
0
Comments
U.S. Type Set
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>Did ya kiss her first?
Or buy her dinner and a movie?
<< <i>Sounds more like you robbed an old lady >>
Anyone who owns or works at a pawnshop could hardly ever be robbed unless it was literally.
Hoard the keys.
<< <i>Sounds more like you robbed an old lady >>
Makes me wonder who she robbed.
<< <i>
<< <i>Did ya kiss her first?
Or buy her dinner and a movie? >>
No, sounds like he didn't waste any time at all. The 2 minute king.......
Man, no kidding....
<< <i>Sounds more like you robbed an old lady
Half an hour later, hubby returns from the bank: "Make any sales while I was gone?"
It'll be a cold night in that household tonight...
San Diego, CA
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
Rob
I believe I would have kissed her.
4/123
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Invested $216.76
Return on Investment $0.68
Found but keeping $.15
<< <i>Not that I'm in the club, but you suck!
Rob
I believe I would have kissed her. >>
after that comment, I think you are in the club.
www.priceline.com
Yes, you all-knowledgeable collectors and dealers know how to brag when you rip off somebody! Are you really proud when you take advantage of the other guy?
Shame on you.
<< <i>I was at a coin show once when I asked a woman to show me a coin she had in her display case. She said that she wasn't allowed to touch them and that I would have to talk to her husband when he got back. She then explained that she once sold a Morgan dollar for 50 cents and that is why she is no longer allowed to touch the coins. The coins in the display case were slabbed and nice for the grade. I walked away shaking my head. >>
LOL, that was me!
not
<< <i>From a Texas pawn shop, February 2006
<< <i>From a Texas pawn shop, February 2006
NOW THAT"S A RIP !@!
Dan
<< <i>
Yes, you all-knowledgeable collectors and dealers know how to brag when you rip off somebody! Are you really proud when you take advantage of the other guy?
Shame on you. >>
Boo hoo. The pawn shop is part of a retail chain traded on the New York Stock Exchange, and they only hire people with
marketing or business degrees as store managers who also go through a training program. I paid the marked price
for an item on display in their showcase. I even asked the manager "is this $79.95?" I was told "Yes, it's a shame
the government puts $100 face value on an ounce of silver, but that was the best price they could do. He also
explained that "platinum" on a coin was not the same as platinum in a ring, because on coins "platinum" was another
word for "silver." He then showed me a Mexican one ounce silver onza which was marked "plata pura"
<< <i>Well, your message certainly shows the coin industry at its ugliest. >>
<< <i>Yes, you all-knowledgeable collectors and dealers know how to brag when you rip off somebody! Are you really proud when you take advantage of the other guy? >>
Dear sir or maam, and with all due respect, do you really think there is any way on Gods green earth that a pawn shop, or any business, would stay in business if they were not making a profit in the long term? I can say with almost certainty that both of the posters in this thread purchased items that, while a smoking deal, were purchased with the pawn shop still making a profit. You may not like that people find bargains but to bad. I would agree with anyone who says taking advantage of an individual or being purposefully deceitful is a disgrace and very detrimental to this hobby, but finding a bargain on coins and being happy about it? Come on, lighten up. The price on an item is the price on an item and trust me, pawn dealers know what they are doing.
I work part time in law enforcement, you would not believe how often people who work in pawn shops are ripping off people. I see it on the pawn slips I am required to look at and run. Now don't get me wrong, not all pawn dealers are bad, but when you see people selling (yes, selling, not all items are pawned and picked back up) items listed as "gold diamond wedding band" for $40 because they are desperate for some money, it kinda makes you sick. Who is really being ripped off? Sure, the person needs money, but you cannot tell me that a 1/4 carat gold ring (example) is worth only $40.
Look at the example of the $100 platinum. Who is to say that the poor guy who sold it to the pawn shop did not understand that the coin is face $100 spot whatever an ounce of platinum is? Melt could be over $700 for all I know (I don't know platinum prices). So say this poor guy or gal brings in this coin that was a birthday gift knowing nothing of coins, the pawn dealer (in this odd case a complete idiot) offers the poor person $25 dollars and they take it. He then lists it for $80, sells it and makes $55 in profit.
What is wrong with someone else coming along and buying it for $80 and putting it in their collection? I humbly submit there is absolutely NOTHING wrong with it.
For many circulation finds or pawn shop finds, the coins are often stolen. The other scenario is an estate and the new owner takes it to the nearest pawn shop to sell their treasures for 10 cents on the dollar. It is a happy day for the person who lucks into them, but it was probably a sad day for someone.
I just bought a 59-D FBL Franklin, I grade it 65-66 for $8 from a dealer. Did I do something wrong? If you say I did, I don't care. I have purcahsed 20 1964 accented hair proof sets in the last month and a half, paid an average of $11 each, whats wrong with that. What about the people that educate themselves, is the guy that buys an R7 bust half stealing it from someone who does not take the time to look it it twice? Stop whinning about it and go get your own deals, or make it your life to go from dealer to dealer to let them know that they are selling things to cheap.
I just went into Menards and bought a $398 faucet off the clearance rack for $25, should I call corporate and complain?
Three years ago I was driving through Western Maryland on my way home
and I told my friend to pull over in front of this bank, a good size country bank
right on the main single lane road. I walked in and asked the teller if she had
any half dollar rolls for my card game that night. She said she had eight rolls
and I bought them all and started tearing the rolls apart in the truck.
About 1/3 were 40% silver including some Franklins. It was amazing.
My website
After I had gone to that shop I went to another, while I was there an older man came in and asked if they would be interested in a hundred ounce bar of silver, the real deal, engelhard, they guy payed him $900.00 for it, I cringed but the guy was happy to get the money, I talked to the guy outside and he said he had bought it when silver was $3.50 an ounce. I've made arrangements with him to purchase a few hundred morgans and 30 bags of wheats from him. I went back in and talked to the shop owner about the silver bar, He said he would take $1450 for it, nice instant profit for him if had bought it. Did the pawn owner rip him off? No, he is in business to make money, this guy did not take it to a metals dealer he took it to a pawn shop. I sell on eBay and I too hope to make a profit.
Anyone that thinks that profit is wrong I will make a standing offer to buy all your ASE Anniversary set's for $110 each, and I'll even pay the postage.
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.