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Coins On "Storage Wars" Or Other "Storage Auction Shows "

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 23 / Views: 4,020Next Topic Page 2 of 2
Pillar of the Community
United States
7840 Posts
 Posted 01/12/2012  09:19 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list
I was playing around with selling my Jefferson Spouse Proof and stopped in at a "Pawn Shop" here in OKC. The lady was curious and friendly enough but only offered $100 for it, after numerous trips back and forth with her "manager" in the back room. Needless to say that I went elsewhere and received $898 for it (back when gold was $1800+ an ounce), just under spot.
Valued Member
United States
313 Posts
 Posted 01/12/2012  10:18 am  Show Profile   Bookmark this reply Add Fatboy to your friends list
C'mon man you guys don't believe that stuff,really?These people are buying lockers and they don't know what coins,guns,high tech audio-video,etc are worth but a microwave that you can buy at a garage sale for $10.00 bucks they say "oh this is a good item at least $90.00 to $120.00 buck in my store"
Pillar of the Community
United States
666 Posts
 Posted 01/12/2012  10:22 am  Show Profile   Bookmark this reply Add SpringCypress to your friends list
Kaus... from what I saw it was a very fair appraisal.
Valued Member
United States
404 Posts
 Posted 01/12/2012  10:28 am  Show Profile   Bookmark this reply Add akane17 to your friends list
It's TV, I bet they all know the value of the coins, but they have to fill 30 minutes, so they bring in an appraiser. The same with Pawn Stars, I'm willing to bet they're not constantly bringing in experts to buy items like they show on EVERY episode. They want the viewing audience to see a second opinion.

Also, why would he not give her the retail price on an appraisal? She didn't ask him to make an offer. An appraisal is asking how much an item is worth, not what he would pay for it. She wants to know how much to charge for the items in her store.

Last, I think they actually did something positive on the show that night. I bet a lot of people don't know about testing their coins with a magnet. How many people do you think took a magnet out and tested their coins?
Pillar of the Community
United States
5862 Posts
 Posted 01/12/2012  10:30 am  Show Profile   Bookmark this reply Add barryg to your friends list

Quote:
Last, I think they actually did something positive on the show that night. I bet a lot of people don't know about testing their coins with a magnet. How many people do you think took a magnet out and tested their coins?

Heh. After we watched the show together, my wife asked me if I had a "special tool" like the appraiser had to test for counterfeits. I said, "yes, dear -- it's called a magnet."
Pillar of the Community
United States
759 Posts
 Posted 01/12/2012  12:45 pm  Show Profile   Bookmark this reply Add OneBowl to your friends list
Remember, these are scripted shows and the performers don't work for free either.
Pillar of the Community
Canada
3692 Posts
 Posted 01/12/2012  10:13 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
It's television. It's acted out and scripted. Otherwise, it's a waste of everybody's time.
(What he ^ said.)
I'm pretty sure that some of the personalities are people in the business who are trying to get more suckers into their auctions, but it's scripted like hell. And that one guy Barry is a comedian, I'm almost sure of it. What else needs to be said - FAKE!
Valued Member
United States
89 Posts
 Posted 01/12/2012  10:49 pm  Show Profile   Bookmark this reply Add Mpc to your friends list
If those Peace dollars are fake there is no telling if the other coins are fakes as well.
New Member
United States
38 Posts
 Posted 01/13/2012  12:01 am  Show Profile   Bookmark this reply Add Kaus to your friends list
Barry, sorry should have read more carefully. Springcypress, after looking back on dvr, I guess you are probably correct.
Pillar of the Community
Canada
4944 Posts
 Posted 01/13/2012  12:43 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list

Quote:
You would think a person whose life basically revolves around collectibles and selling found items would have more knowledge of coins.

I agree, I found it kind of strange when she left the coin shop she said "I didn't know they made fake coins"

And they also referred to the slabbed Morgans as "The coins with serial numbers"
Pillar of the Community
Canada
4944 Posts
 Posted 01/13/2012  12:56 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
I managed to get the Cert. Number off the three slabbed coins. I wanted to check the numbers on the PCGS website, to see if these were fake slabs.

5299859 - 1879-S Morgan dollar MS-64
3248028 - 1886 Morgan dollar MS-64
9625161 - 1925 Peace dollar MS-63
Pillar of the Community
United States
619 Posts
 Posted 01/13/2012  01:12 am  Show Profile   Bookmark this reply Add CPC24 to your friends list
I was watching American Pickers a few weeks back, and they walked right by lots of old Danscos. I wonder if they even had any coins, or if they were even for sale.
Edited by CPC24
01/13/2012 01:35 am
Pillar of the Community
United States
2335 Posts
 Posted 01/13/2012  07:52 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list

Quote:
You would think a person whose life basically revolves around collectibles and selling found items would have more knowledge of coins.


I'm in the antique business in a small way. The truth is there is almost no way for a dealer to know about everything. The astute dealers know where to go to get informetion about the areas they are weak in. The rest of the dealers just make up prices as they go. I make around 30% of my antiques income by buying items at antique malls that were grossly underpriced by other dealers.
Valued Member
United States
240 Posts
 Posted 01/14/2012  12:47 pm  Show Profile   Bookmark this reply Add Left to your friends list
Staged show but still very intresting!
Valued Member
United States
136 Posts
 Posted 01/15/2012  10:47 am  Show Profile   Bookmark this reply Add mdj to your friends list
I think part of the show is scripted. It has to be. But the auntioneers, Dan and Laura Dotson, are the ones who auctioned off the storage unit worth $500,000. A man identified as "John" paid $1100 for the unit in Contra Costa County. It had belonged to a recently deceased elderly woman. The treasure chest was a rubbermaid container that had a number of rare coins and a few gold and silver bars. It was heavy enough that 3 men had to carry it out. Unfortunately this auction wasn't televised.
Edited by mdj
01/15/2012 10:50 am
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