Stopped by the local pawn shop today

TwoBitWilly · January 10, 2014 5:09AM

To see what they had for coins and such.

They had a roll of ASE's and were selling them @ $27 ea so I bought 7 dvd's for $1 ea instead.

But he did give me a lead on some Morgan/peace dollars for $17-18 ea. so all was not lost hopfully I can get there this weekend.

MGLICKER · January 10, 2014 5:12AM

<< They had a roll of ASE's and were selling them @ $27 ea so I bought 7 dvd's for $1 ea instead. >>

BlackBeard · January 10, 2014 8:27AM

There's a pawn shop near me that I used to get nice deals from until some other guy took over the coin/bullion dept. When silver was at around $30 I checked them out and he wanted $38+ as he said that's what he paid so he will wait for it to go back up. LOL, that was quite some time ago. Stopped in a few months after that and I didn't notice an item missing. I guess it's now a museum.

Edit:spelling

MGLICKER · January 10, 2014 8:49AM

Ever find any decent collector coins at the pawns? All I ever see is guitars, circular saws and diamond rings that have been thrown at the guys head.

BlackBeard · January 10, 2014 8:59AM

Not in my area, that was the only one good mostly for gold and silver bullion. Now the guy wants to get rich off of one sale. Good luck with that business model. He doesn't pay much for it either.

MGLICKER · January 10, 2014 9:08AM

I may make the rounds next week. We must have 30 pawn shops around town. Not optimistic but worth a shot.

TwoBitWilly · January 10, 2014 12:40PM

<< Ever find any decent collector coins at the pawns? All I ever see is guitars, circular saws and diamond rings that have been thrown at the guys head. >>

Actually couple years ago at this same shop I bought 2 au morgans (raw) and a half dozen 90% halfs and an anacs au 58 21 peace dollar for $100.

Not long after that they started listing the coins they get on ebay only,but sometimes I get lucky and they sell me some.

TwoSides2aCoin · January 10, 2014 2:42PM

Nice line on the silver $s

ricko · January 11, 2014 12:10AM

Have not had any luck at the two around here..... seems they like to buy cheap and hold forever

Poor business model....Cheers, RickO

cohodk · January 12, 2014 12:41AM

<< Have not had any luck at the two around here..... seems they like to buy cheap and hold forever

Poor business model....Cheers, RickO >>

Beats buying high and holding forever. Some of these people refer to themselves as stackers.

Metalsman · January 12, 2014 9:02AM

<< Have not had any luck at the two around here..... seems they like to buy cheap and hold forever

Poor business model....Cheers, RickO >>

Pawn shops don't have to sell to make a profit.... It's a great business model.

BlackBeard · January 17, 2014 8:26AM

<< There's a pawn shop near me that I used to get nice deals from until some other guy took over the coin/bullion dept. When silver was at around $30 I checked them out and he wanted $38+ as he said that's what he paid so he will wait for it to go back up. LOL, that was quite some time ago. Stopped in a few months after that and I didn't notice an item missing. I guess it's now a museum.

Edit:spelling >>

Dropped of a prescription today and had an hour to kill and it was right near the above mentioned pawn shop. I decided to check out a few pawn shops while I was waiting. The one above had ASE's and Maples with a tag that said "Spot +5". So when the girl came over and asked to help me I said, "So these are 5 over?". she then said yes, but our spot is a minimum of $30. LOL. Bye.

Next pawn shop had 9 misc. dated ASE's priced at $75 each...

Checked the last one and nabbed 12 Morgan & Peace dollars at $20 each and 3 ASE's at $23 each out the door.

I won't bother stopping at the first two again as it appears they will never get it or are waiting for a sucker.

Stopped by the local pawn shop today

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