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 Replies: 6 / Views: 15,747 |
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Pillar of the Community
United States
619 Posts |
Tonight, I saw an episode of the new "Cajun Pawn Stars". BTW, this shop is "Silver Dollar Pawn" in Alexandria, Louisiana.
Someone brought in a set of four series 1935, sequential, low-serial number $5,000 and $10,000 notes, PMG slabbed AU. The seller wanted a million.
The shop offered the guy $575k, but the seller pawned them instead to make payroll for his company.
Edited by CPC24
01/13/2012 01:33 am
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Pillar of the Community
United States
2049 Posts |
I saw that too. I am not a currency collector so I didn't know about the brother/sister notes. Those were pretty sweet looking notes, though. I think the serial numbers were 00000042 and 00000032 for each pair of brother/sister notes.
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Pillar of the Community
United States
2295 Posts |
That is pretty amazing to have owned them. Did the owner give any other info on them? Like when or where he got them or how much he paid for them?
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Pillar of the Community
United States
759 Posts |
I saw that as well and while it was very, very cool to see those notes, that whole transaction made me laugh. Who in their right mind would secure (meaning subject collateral to loss) essentially a $5K loan (he gave the shop owner $15K in cash and left with $20K) with 2 things totaling $575K minimum in value? I'd say one note was enough collateral. So either the shop owner pulled a bit of a fast one, or the script read better that way.
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Bedrock of the Community
United States
14454 Posts |
I talked about this earlier here https://goccf.com/t/106704#909234 and included a video of the promo of the guy bringing them in. He had two 5,000 notes and two 10,000 notes, but one pair (a 5,000 and 10,000) was the only Brother Sister pair in existence, which means they shared the same serial numbers. And their value alone was at least $750,000 and he said the whole collection was worth a million dollars |
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Bedrock of the Community
United States
14454 Posts |
I just watched it again today and I at first said he had one Brother sister pair but after rewinding and pausing it about 5 times I see both sets of 5000 and 10000 dollar bills are brother sister pairs. One has the serial number 42A and the other set is 32A. So that is a real real nice collection and I even though I am not sure about his claim that he has the only B/S sets on the face of the earth, I am pretty sure there aren't many out there
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Valued Member
United States
134 Posts |
Quote:
I saw that as well and while it was very, very cool to see those notes, that whole transaction made me laugh. Who in their right mind would secure (meaning subject collateral to loss) essentially a $5K loan (he gave the shop owner $15K in cash and left with $20K) with 2 things totaling $575K minimum in value? I'd say one note was enough collateral. So either the shop owner pulled a bit of a fast one, or the script read better that way. I'm pretty sure it was scripted. He actually gave $30K (2 10K and 2 5K), he lost 10K face value in that deal. |
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Replies: 6 / Views: 15,747 |
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Posted 01/13/2012 08:59 am
