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Pawn Stars To Have 1924 $20 Gold Coin Tonight. 9PM Central.

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    OPAOPA Posts: 17,162 ✭✭✭✭✭
    Thanks ... one of my favorite shows.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    fastfreddiefastfreddie Posts: 2,956 ✭✭✭✭✭
    Thanks. I havn't miss one yet. Let me guess, he'll call in his coin expert because he wants to be sure. I don't know how he ever got to be so good since he's always unsure.
    It is not that life is short, but that you are dead for so very long.
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    illini420illini420 Posts: 11,554 ✭✭✭✭✭
    "You know what, I really don't know much about these. But, I know a guy, he's an expert on this sort of stuff. Let me give him a call and have him take a look before I make you an offer."

    Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700

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    guitarwesguitarwes Posts: 9,308 ✭✭✭

    I'm sure if it's real, they counter offered them $300 for it cuz they HAVE to make a profit to stay open cuz they're a "business".......ugh.

    The Old Man's cool though.

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    JupitarCoinsJupitarCoins Posts: 2,595 ✭
    Did you see the show where a women brought in a 32 s quarter and he had to have an exoert take a look at it. Only to find out the s was added and it was only worth $3 in silver according to him. I felt bad for the women because she had saved this quarter for over 27 years.
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    stinkinlincolnstinkinlincoln Posts: 2,733 ✭
    I hate the show. Its like the Cash4Gold booths at the malls here. RIP OFF's!
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    airplanenutairplanenut Posts: 22,708 ✭✭✭✭✭


    << <i>I hate the show. Its like the Cash4Gold booths at the malls here. RIP OFF's! >>

    Not quite. The gold buyers have basically guaranteed, immediate sales at known prices. These guys are buying as jacks of all trades, and have no idea when something will sell. A coin dealer should pay more since they're business is geared towards coins per se, and I'm not so sure it's unreasonable that there be somewhat of a buffer built into buy prices, given that one of the services provided is the purchase of anything you may have, not just items from a very specific market.
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    JamesMurrayJamesMurray Posts: 4,036 ✭


    << <i>I hate the show. Its like the Cash4Gold booths at the malls here. RIP OFF's! >>



    A worse show for that is the new one American pickers , now that is stomach turning.All ive seen so far is 2 fly by nights driving around knocking on peoples doors to ask if they can rummage around.
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    OPAOPA Posts: 17,162 ✭✭✭✭✭


    << <i>Thanks. I havn't miss one yet. Let me guess, he'll call in his coin expert because he wants to be sure. I don't know how he ever got to be so good since he's always unsure. >>



    That's for the benefit of the TV audience and free spotlight for the "expert" ... call it a learning tool... it always amazes me what comes in to be sold or pawned, like the 2000lb table saw, I wonder if the guy ever retrieved it.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    SaorAlbaSaorAlba Posts: 7,593 ✭✭✭✭✭


    << <i>

    << <i>I hate the show. Its like the Cash4Gold booths at the malls here. RIP OFF's! >>



    A worse show for that is the new one American pickers , now that is stomach turning.All ive seen so far is 2 fly by nights driving around knocking on peoples doors to ask if they can rummage around. >>



    They would have loved the ranch I owned in N. California up until four years ago, I had a Cat D-9, old gas pumps, all sorts of stuff lying around.
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    JamesMurrayJamesMurray Posts: 4,036 ✭


    << <i>

    << <i>

    << <i>I hate the show. Its like the Cash4Gold booths at the malls here. RIP OFF's! >>



    A worse show for that is the new one American pickers , now that is stomach turning.All ive seen so far is 2 fly by nights driving around knocking on peoples doors to ask if they can rummage around. >>



    They would have loved the ranch I owned in N. California up until four years ago, I had a Cat D-9, old gas pumps, all sorts of stuff lying around. >>



    You are not wrong Sir , they were paying 10 and 20 bucks for old oil cans speculating a profit ? Oddly enough a buddy of mine i mentioned this to says he collects old oil cans too..wow.
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    silvergoldnutsilvergoldnut Posts: 456 ✭✭


    << <i>"You know what, I really don't know much about these. But, I know a guy, he's an expert on this sort of stuff. Let me give him a call and have him take a look before I make you an offer." >>




    image
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    astroratastrorat Posts: 9,221 ✭✭✭✭✭


    << <i>Thanks. I havn't miss one yet. Let me guess, he'll call in his coin expert because he wants to be sure. I don't know how he ever got to be so good since he's always unsure. >>



    Yeah, it's funny that he always calls in an expert. But I bet that's for the TV audience. Remove the cameras and I bet he makes more offers without any "expert" opinion.

    Lane
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
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    grote15grote15 Posts: 30,149 ✭✭✭✭✭
    Great show...fun, entertaining and informative. I don't understand why people think they are ripping buyers off. If you own a deli, would you expect to pay retail for the beer and soda you buy? These guys are running a business with salaries and overhead to account for. The buyers make the decision to seek them out and I'd bet many prefer the convenience of the pawn shop over listing the item in a traditional auction format. I'd also bet that many of the items they purchase don't exactly fly off the shelves, and there's zero profit until someone buys something. I didn't feel sorry for the woman with the 32-S quarter either. It seemed by her reaction (or lack thereof) like she knew the quarter was a fake, and will probably just try to sell it to some other unsuspecting buyer.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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    BillJonesBillJones Posts: 35,810 ✭✭✭✭✭


    << <i>I hate the show. Its like the Cash4Gold booths at the malls here. RIP OFF's! >>



    Coin collectors have become spoiled by the low mark-ups that coin dealers have learned to accept. Most businesses have work on wider margins. Yea the pawn brokers pay less, but they are trying to sell almost EVERYTHING that walks through the door. And they don't have the sophisticated, specialized clientele who pay big bucks for major rarities. Would most collectors buy an expensive coin from pawn shop? I doubt it.

    It all gets back to point that many coin investers miss. Yes, the price of coin might be listed as X dollars, but you have to find the guy who will pay X dollars.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    Rick will offer them $450,

    Chumlee will drop it.
    Chat Board Lingo

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    LongacreLongacre Posts: 16,717 ✭✭✭
    Who actually shops at a pawn store?
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
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    astroratastrorat Posts: 9,221 ✭✭✭✭✭


    << <i>Rick will offer them $450,

    Chumlee will drop it. >>



    image

    Lane
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
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    BillJonesBillJones Posts: 35,810 ✭✭✭✭✭


    << <i>Who actually shops at a pawn store? >>



    I tried once at a local one in Massachusetts. As soon as they knew I had a resale number and was a dealer they told me to go to hell. image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    notwilightnotwilight Posts: 12,864 ✭✭✭
    I gave a PCGS '24 saint to a friend in MO (his birthyear) that was stolen when he got older and ended up hospitalized (years ago). I'm sure it ended up in a pawnshop. I don't have records to compare to this one. --Jerry
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    TCoinsTCoins Posts: 567 ✭✭
    I love that show - Pawn Stars. I understand the pawn shop has overhead and they lowball the seller. But what I dont understand are the people selling valuables at half their value. Geez, if your not desperate, take out an ad or sell it on EBay.
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    erwindocerwindoc Posts: 5,425 ✭✭✭✭✭
    I like the show. I think I heard about it on the forum first.

    I have had lots of success finding better coins in pawn shop "junk silver" boxes. The ones I have been in just assign prices based on bullion. You can find some nice VF-AU pieces sometimes if you have a pawn shop that is willing to let you dig around in their stuff. Occasionally, collections will come in and you can cherry pick the better date coins. I would not exclude them as a place to look for coins.
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    NitroCruiserNitroCruiser Posts: 654


    << <i>I love that show - Pawn Stars. I understand the pawn shop has overhead and they lowball the seller. But what I dont understand are the people selling valuables at half their value. Geez, if your not desperate, take out an ad or sell it on EBay. >>


    and
    Tcoins I have to agree. Especially after the "expert" comes in and gives the value, then Rick turns around and offers half (or less). Take it to eBay, many more (interested) people will see it and even with fees, one should do better than than Rick's low-ball offer. I'd also venture to guess Rick has an eBay store to move some of the things he gets. Of course "eBay Star's" doesn't make for a good TV show.
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    sinin1sinin1 Posts: 7,500 ✭
    not everybody can take something to eBay

    that takes some practice, equipment and expertise


    and you don't get the money for awhile
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    scotty1418scotty1418 Posts: 286
    "It's pretty heavy so I'm hoping it's worth at least $600"
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    WalmannWalmann Posts: 2,806 ✭


    << <i>Just a heads upimage >>




    We only get to see the obverse?
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    JamesMurrayJamesMurray Posts: 4,036 ✭
    He told her $900 in gold value , might have been a mistake.I dont see him offering much more even if its genuine.
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    NitroCruiserNitroCruiser Posts: 654
    Is it real or a fake? Place your bets.
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    segojasegoja Posts: 6,141 ✭✭✭✭
    Maybe his expert will call it a 65, since he said it looked too good

    Taking odds on over under at $1200??? $1100??
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    NitroCruiserNitroCruiser Posts: 654
    I wonder when the show was taped? It will be cool to see how much Rick lowballs her.
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    WeissWeiss Posts: 9,942 ✭✭✭✭✭
    It's a pretty coin, definitely MS64 or higher. But both Rick and his "expert" say they're heavily counterfeited. I guess I don't get around much. 35+ years of collecting and I've never seen a fake saint, except for images of the Omega pieces.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
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    NitroCruiserNitroCruiser Posts: 654
    Real
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    segojasegoja Posts: 6,141 ✭✭✭✭
    Played Texas Hold Em with Mark in Vegas

    He called it a 64 value $2000 must have been taped in November

    He has to send it to PCGS

    Offer $1500.....SOLD

    Actually a pretty darn fair offer.
    JMSCoins Website Link


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    scotty1418scotty1418 Posts: 286
    Sold for $1500 - seems like a pretty strong price to plenty of other items I've seen on there.
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    NitroCruiserNitroCruiser Posts: 654
    She should have shopped it. She just saw the dollar signs and fell for Ricks "I have to pay to get it graded" spiel.
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    segojasegoja Posts: 6,141 ✭✭✭✭
    Had she shopped it, she would have most certainly gotten less. Even in November, graded 64's where only bringing $1850 wholesale.
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    OffMetalOffMetal Posts: 1,684 ✭
    $1,500 seemed like a very good offer, to my surprise!
    -Ben T. * Collector of Errors! * Proud member of the CUFYNA
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    SUMORADASUMORADA Posts: 4,797 ✭

    While I agree it's a very entertaining show,

    it's not the real world concerning Pawn Shops............. I'll leave it at that..


    I have a very low opinion of the way pawn shops are allowed to operate...
    coins on ebay
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    NitroCruiserNitroCruiser Posts: 654


    << <i>Had she shopped it, she would have most certainly gotten less. Even in November, graded 64's where only bringing $1850 wholesale. >>



    Your probably right. It had great eye appeal (even with Rick and the expert groping it between their fingers) on the TV, I can only imagine it looked even better in hand. Of course she found it for free, so it was all good. They will probably say how much it made on a future show in one of the little trivia spots they show.

    Good call on the grade btw.
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    SilverEagles92SilverEagles92 Posts: 6,787 ✭
    $1500 seemed like an extremely strong offer to me.
    image
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    OPAOPA Posts: 17,162 ✭✭✭✭✭
    Yes, it did seem like a strong offer...How much would you have offered for the wrecked helicopter or counterfeit baseball cards? The G.W. Lottery ticked was a very interesting History Lesson for me.

    BTW is the Vegas based coin expert a Forum member?
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    soty27soty27 Posts: 1,956
    $1500 definitely seemed a bit strong, I was a bit surprised myself.
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    segojasegoja Posts: 6,141 ✭✭✭✭
    Not sure about Mark being a forum member Certainly a PCGS Dealer of the top degree
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

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    OPAOPA Posts: 17,162 ✭✭✭✭✭


    << <i>Not sure about Mark being a forum member Certainly a PCGS Dealer of the top degree >>



    Thanks for the info....he's been called for his opinion on previous shows. If he keeps this up, he may become a celebrity.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    bestdaybestday Posts: 4,271 ✭✭✭✭


    << <i>Thanks. I havn't miss one yet. Let me guess, he'll call in his coin expert because he wants to be sure. I don't know how he ever got to be so good since he's always unsure. >>



    He is unsure.... that is why is gives low ball offers..
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    GoldbullyGoldbully Posts: 18,502 ✭✭✭✭✭


    << <i>Who actually shops at a pawn store? >>


    I believe the correct terminology is 'Pawn Shop'.....but then again, a Bonne Vivant, such as Monsieur Longacre, would certainly not be privy to such bourgeoisosity!!! image
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    grote15grote15 Posts: 30,149 ✭✭✭✭✭
    $1,500 was a very strong offer...no way to guarantee it will grade MS-64 either especially with a fingerprint probly on it by now..image


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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    coinnut86coinnut86 Posts: 1,592 ✭✭✭


    << <i>$1,500 was a very strong offer...no way to guarantee it will grade MS-64 either especially with a fingerprint probly on it by now..image >>



    Yeah... looked like some rough handling at the end of the sale
    image
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    Tdec1000Tdec1000 Posts: 3,852 ✭✭✭
    A friend of mine told me a story and I don't know if it is true because I have never seen the coin, but he told me that him and his dad purchased a 43 Copper cent from Sahara coins back in the early 90's.
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    kevinstangkevinstang Posts: 1,521 ✭✭✭
    I was wondering if there was a wink*wink exhanged between Rick and the "expert" meaning the coin was really a 65 or 66* and to pay strong for it-I'll be back wink*wink. I can't see many pawn shops taking a chance on a generic saint for that much over the spot price of gold. I was thinking he might offer around $1100 or $1200, if not $950 image

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