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Replies: 20 / Views: 4,655 |
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Pillar of the Community
United States
2815 Posts |
I was watching the new Pawn Stars this past week, and I paused it on a shot of one of their cases containing modern proofs. What do you guys think of the prices? Higher than you would expect? Lower? 
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Pillar of the Community
United States
3184 Posts |
Ive heard from collectors that have been into their store..........very expensive!
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Bedrock of the Community
United States
10045 Posts |
If that's a 1970 in the upper left--that's a lot, unless it has the small date...or the no-S dime. 
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Pillar of the Community
United States
7375 Posts |
I'm sure they are expensive. IMO, more of a souvenir piece to say you've been in the store.
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Valued Member
United States
453 Posts |
I think they build a little haggle room into their prices. On the show I have often heard them tell someone with something to sell, "I'm going to mark that item at $4000 but I'll probably end up selling it to the first guy that offers me $3000 so I can give you $2000 and still make a nice profit."
It is interesting to go there if you are a fan of the show but its not a very big shop. The only thing I bought there was the 1 oz "Old Man" round which was the first piece of silver I ever bought and since that was more a souvenir I didn't try to bargain. I'm sure there are more prime hunting spots in Vegas.
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Pillar of the Community
United States
656 Posts |
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Pillar of the Community
United States
8137 Posts |
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Moderator
 United States
16679 Posts |
I've been in their store...once.
swcoin.ecrater.com
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Pillar of the Community
United States
2543 Posts |
That is how pawn shops work, it is like a bazzar market. Everything is negotiable. I used to buy all my tools at pawn shops. They had a new nail gun there, that looked like it was only used a couple of times. Brand new it is $175.00. They priced it at $149.00. It was missing the trigger safety, I knew it was a $12 part, they didn't. I asked them to show me the gun in action, of course it wouldn't work without the safety, so I offered them $40.00. They took it, $12 part later, I had a brand new nail gun for $52.
You look at the price, you offer them something, they counter, you raise, they counter again and you walk out with a proof set for $10. That is how all pawn shops work.
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Pillar of the Community
United States
8137 Posts |
Has anyone had any luck getting good coins at pawn shops?
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Pillar of the Community
United States
5825 Posts |
Based on comments I've heard them make on the show those prices aren't set in stone. You can negotiate just like they do.
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Rest in Peace
United States
10625 Posts |
I was in Vegas two weeks ago and went into the Gold and Silver Pawn shop. All the coins were over-priced. They had the modern proof sets as pictured, common (ms63) graded Morgans that were like $80.00 and the worst was a box of circulated Morgans marked $40.00 each. I kept walking.... 
Edited by dave700x 03/01/2014 6:42 pm
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Valued Member
United States
101 Posts |
One of the pawn shops around me has a ton of 1921 circulated Morgans. Every one of them marked at $80. Not enough wiggle for me.........
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Pillar of the Community
United States
1745 Posts |
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Pillar of the Community
United States
7618 Posts |
I went in there one time and they had two better National Bank Notes. One was priced at 500$; the other at 2000$. The clerk (not one of the "stars") said they could not negotiate on coins and bullion. I said I understand, but these are neither coins, nor bullion. I really had no problem with the 500$ note at that price as it was fair, based on rarity and market value. The 2000$ note was unknown (and still is as far as I know) but I just wanted it at a better price. Anyway, the clerk went to the back and got me a better price and I ended up with both notes. You just have to be persistent, act like you know what you are doing and not waste their time.
By the way, I told the gate keeper that let's people in the front door that I was there to pick up something. I did not have to wait in line to get in.
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Pillar of the Community
United States
1590 Posts |
Most bm shops around here sell those same proof sets for $5, some for $4.
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Replies: 20 / Views: 4,655 |