1895 Proof Morgan on Pawn Stars
okracer
Posts: 436 ✭
Hi all,
I couldn't see that this was posted yet, sorry if it was.
Last night on Pawn Stars, a guy came in with an 1895 NGC PR 64 Morgan. He was asking $100k for it. Rick offered I think $40k. no deals made.
They will probably show reruns of the episode if anyone is interested.
I couldn't see that this was posted yet, sorry if it was.
Last night on Pawn Stars, a guy came in with an 1895 NGC PR 64 Morgan. He was asking $100k for it. Rick offered I think $40k. no deals made.
They will probably show reruns of the episode if anyone is interested.
......I collect old stuff......
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Comments
40K is actually a great offer in a pawn shop. Cash in hand and out the door. Take out the buyers premium at Heritage and you might not actually do better, not even considering you have cash in hand right now.
<< <i>Would someone really bring a coin like that to a pawn shop unless they wanted to be on television? Completely absurd. >>
Frankly, to the only people I can picture trying to pawn a PF64 1895 Morgan, being on national TV is the last thing they would want.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
$40K was a very reasonable offer.
Of course the show is scripted.
Yep. I think that Rick the owner, is a bit of a coin lover because when a "rarer" coin comes in his offers usually don't leave the traditional pawn shop profit margin.
<< <i>Does anyone really believe this show is not scripted? >>
I hope not! If "reality television" was anywhere near reality, it would probably bore most people to death. Apparently, they found out people would rather learn about their history from chubby bald guys than by voice actors and well made documentaries. (not me.)
If there was a channel dedicated solely to Ken Burns documentaries, that is probably all I would watch.
It had a really cool look to it...I was pleased to see them do multiple angles and close ups.
The shop's coin guy told the guy that a NGC 64CAM recently sold for around 52K I believe and also said that a PCGS 64CAM sold for upper 40s. If that's true then I agree that 40k cash offer wasn't too shabby at all.
1861-C Pawn Stars half eagle
<< <i>Yes the show is scripted...For a pawn shop, it was a reasonable offer...likely get more at an auction house, but then the fees cut it down fast...
Yep. I think that Rick the owner, is a bit of a coin lover because when a "rarer" coin comes in his offers usually don't leave the traditional pawn shop profit margin. >>
Of course it is scripted - and well scripted, at that.
There was one scene where Rick had a Red Book and claimed to be studying pre-federal coinage, before his slacker employees interrupted him. Yeah, that was probably scripted too.
Like most reality shows, Pawn Stars has scripted drama between the show’s stars,Rick, Hoss, and Chumlee. The items featured on the show are not cold customers just randomly walking in, the items have already been researched and prepped for the show. It’s these types of things that lead some to cynically label the whole show fake, but that’s a bit naive. Maybe it could do without some of the little sketch-like interludes, but truthfully those do help us get to know some of the characters better.
As for the vetted items, it would be practically impossible, and probably very expensive to just film random pawn deals hoping to get footage of a really interesting item. Getting the most interesting items sorted out helps make for a better show, and less stress on the show’s stars.
If you visit the shop itself, you can still pawn items if that’s what you’re interested in doing. Gold & Silver Pawn has 50 employees to serve you and is open from 9 a.m. to 9 p.m. (There is a small window, though, that is open 24/7) If you go, it won’t look like it does on television because that shop is more like a television stage, which may be a little disappointing, but the show is so popular that it couldn’t possibly be as laid-back as it seems on the show, and the show’s stars aren’t even legally allowed to work the counter anymore because of Nevada’s privacy laws. Because people are constantly trying to take pictures of Rick, Corey Chumlee, and The Old Man, they may violate the privacy of others in the shop by accidentally taking a shot of them.
One thing you can be sure is real are the items, and the prices paid for them. The items are real, and the research is real.
to see it in the future, maybe a rerun !!! :-)
Don't forget The Old Man.the real star of the show.
The show is no more fake than when First Lady Michelle Obama was doing the White House garden on TV where she had seedlings turn into vegetables on the White House table in less than an hour.
The 40K offer was fair,in my opinion.Rick bids strongly on coins that he likes is what I've seen.I like the line Rick used on this customer/would-be seller who wanted $100 K.
These aren't his exact words but something like,"Come back with it in 20 years.Your coin might be worth $100K by then."
Whoever is careless with the truth in small matters cannot be trusted with important matters.
<< <i>Would someone really bring a coin like that to a pawn shop unless they wanted to be on television? Completely absurd. >>
Show staged
<< <i>I haven't seen that episode yet. Hoping
to see it in the future, maybe a rerun !!! :-) >>
Check your cable video on demand.. the 3-12 show is already listed
<< <i>Would someone really bring a coin like that to a pawn shop unless they wanted to be on television? Completely absurd. >>
Oh yes indeedy. I can vividly remember the coin COLLECTION a guy brought in several times and redeemed. (dammit)
I kept going higher and higher on the loans HOPING I could force a default.
The coins were NICE!
MS seated stuff. Half dimes, dimes, quarters and....I think.... a very nice 20 center.
Using grey sheet, I kept it above bid.
I WANTED THAT bunch.
But he kept redeeming and apparently got over the rough spot and didn't need more money after about 3-4 times.
DANG!
Sweet stuff.
Staged? Charmy negotiated more intelligently than 95% of their guests, but they knew that she'd be a tough case from the start when she wore that Army Air Corps flight jacket signed by Hap Arnold. Jimmy Doolittle and Curtis Lemay as a tease.
I want to know who booked the guy who had a Maserati (or somesuch). Decided to take it for a spin, saw Chumlee's picture on a bus stop bench, and, just on a whim, decided to drop in. Or not!
After starting at 150 and passing Rick's 75, it went seller 135/Rick 85, seller 115/ Rick 87.5, seller 100/Rick 95. Seller, chagrined yet pleasant, rather cavalierly drives off.
In flashback, it is shown that later, distraught, he drives off into a blazing desert sunset where the air-conditioning fails, the wheels melt, and a lot of smoke comes out from under the hood.
He later turns up back in the store, homeless, trying to trade Ecudorean-counterfeited SBA dollars at 72.5% of face for a hand-gun. Rick, ever the good guy, does not call the Secret Service until after the pathetically unwise dork walks out of camera range. The producers haven't decided on a firm first viewing date for this episode, though the Old Man is arguing for April 1.
It's a true story, even if it didn't really happen. . . .
Isn't this particular dynamic discussed more than monthly in "Why Coin Dealers Drink" and "Let me tell you about a putz who got mustard on his cleaned dreck and wanted a premium for the toning"?
``https://ebay.us/m/KxolR5
1895 Morgan PR-64 cameo
Note: Seller states, "ONLY a hundred or so have been located and of those only 50 or so have been graded and certified!"
I guess he thinks he can just make-up anything he wants and state it as fact. The latest pop. count is:
NGC - 249
PCGS- 415
total - 664
He's only off by 614 lol