PCGS AU53 1944 Steel Cent on Pawn Stars
GRANDAM
Posts: 8,526 ✭✭✭✭✭
Guy brings in a PCGS AU53 1944 Steel Cent to sell to Rick.
He wants $102,000.
Running the cert the exact coin sold for $30,550 at a Heritage Auction in Feb. 2014
Risk offers $25,000.
No sale 
GrandAm 
3
Comments
If that guy was for real (ie it was not a totally "staged" negotiation) he was a total moron. He went down to $75,000 but actually seemed to believe that was what the coin was worth. It was sheer stupidity.
I strongly suspect that most of that show is loosely scripted.
He believes that the value is 76k and will give to his heirs.
Oh, how to find him and befriend him!
bob
I fixed it for you.
Of course, it was staged, and the coin was probably recruited to be on the show. At least it sounds like Rick showed that it's possible to look up previous sales.
It's not like there aren't other "buy now from owner" coins on Heritage for over twice what they recently sold for.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Amazing what the owner said about the two auctions in the last two years, "what difference does that matter and how would that affect the value?" Whaaaat. So many coin owners have some outrageous value placed on rarer than normal coins. More valuable but not life changing.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
BTW, I would believe that with any 4 digit $ value coin transaction it would be totally scripted. So many people believe these shows are real daily occurrences. Oh well.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
i didn't see this one, but 25k is not a bad offer.
The potential seller should have taken the money ... all cash with no fees to anyone. Since the show began heavily "recruiting" items to be offered on the show the number of "no deals" have risen. Most of the sellers have very unrealistic views of what their treasures are worth.
I actually think most of the offers made on the show are much too high.
i agree ( albeit its just a tv show ) fwiw
For once Rick made a fair offer.
The guy should've taken it.
Nobody in their right mind should pay $75K!
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I've seen him step-up quite often. His father? , no......Corey ?.....never.....
Chumley ?.....sometimes, just because he doesn't know any better......
The guy says it was a "gift" for his 70th Birthday in 2014. If he's not a serious collector who would give him that? If he's a serious collector where does he get that value?
Something smells; I don't think it's the "Old Man".
Of course it is scripted.... Just ask Charmy... she was on one episode. Cheers, RickO
If nothing else, during the course of watching the show, I found the price guide information at both services and the recent auction sales. Dude was either following a script that made him look silly or was being willfully ignorant. Poor guy from NGC had to deal with the attitude too. he looked genuinely uncomfortable.
Just $102,000? Sure that's enough?
My YouTube Channel
Chumlee would have went the full $102,000
You're right, he can be good, at times. Corey and the old man are the worst----they try to really stick it to people.
Rick paid some serious money for that enameled military pin that the guy bought for 75 cents at a yard sale.
I thought that was pretty honest of him.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
There was never a possible sale on the table. Items are pre-screened and Rick is well-armed as to values. The 25K was not a guess. Just trying to make good TV.