| Author |
 Replies: 35 / Views: 6,170 |
|
|
|
Valued Member
United States
269 Posts |
|
|
Bedrock of the Community
United States
17884 Posts |
Quote:
Who sells their coin for $8,000.00 when an appraiser tells him it's worth upwards of $15,000.00 ? Someone who wants the money RIGHT NOW!!. |
|
Pillar of the Community
 United States
4593 Posts |
How would you sell it for the full 15K? If you consign it to auction, you wait 6 months or more and the auction company takes their cut (plus bidders include the 18% buyers fee in their bid, so if it sells for 15K you only get 11K) If you sell on ebay, you may or may not get the full 'value', anyway between ebay and PP, it will cost you 10% in fees. Any LCS isn't going to offer much more than Greysheet - they have to make a living and tying up a large amout of working capital isn't good for them. The only way to sell it for full value is a private sale. Do YOU know somebody who wants to buy that specific coin and has $15K? -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
|
Pillar of the Community
United States
8517 Posts |
At eight grand that's an awful lot of meat left on the bone. I'll take all you have and I'll deal with those pesky fees.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
Pillar of the Community
United States
7375 Posts |
Quote:
How would you sell it for the full 15K?
Not sure exactly how one could get top dollar, but to approach it from another direction..........ANY other way than selling it to a pawn shop would have been better! Would have been much better off just pawning it. If it weren't for guys like that Vegas would still be a desert  A compulsive gambler would have done what that guy did in a second!! |
|
Pillar of the Community
United States
4897 Posts |
If you look at completed Heritage sales. Based on the quick views and guess at condition (AU ish?) $8000 seems extremely fair. Most in Au sold in the $10000 range.
|
|
Valued Member
United States
383 Posts |
I didn't see the show, since I just found this thread. I take it they graded the coin AU/cleaned? Did they show any close-ups of the coin? For reference, here's mine - PCGS/AU-58.  ET Edited by EarlyTurban
05/25/2014 09:02 am
|
|
Pillar of the Community
United States
8137 Posts |
It did look cleaned to my eye when I saw the episode. I wonder what it will come back as...
|
|
Pillar of the Community
United States
8517 Posts |
Beautiful gold EarlyTurban. That's an eight thousand dollar coin.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
Bedrock of the Community
United States
12843 Posts |
If nothing else, Pawn Stars teaches about buying low and selling high. Otherwise known as a market. Other than that, it's some of the best throwaway TV out there if you're into cool antiques/artifacts and Las Vegas morons (minus one guy who possibly knows a thing or two about a thing or two (unless that's staged too)). And  with 52Raymo, EarlyTurban -- that coin is amazing. |
|
Valued Member
United States
58 Posts |
Quote:
6 months ago, guy walks into the shop with the coin, one of the staff (not rick, oldman,chumlee or the son as they are not allowed to work in the shop anymore) calls the gem/coin guy from the back room, that guy who checked the coin works for rick as a Gemologist.
He says, yep its real, they decide on a price and he may or may not sell it.
2 months ago they close the shop and set up to record, they pay the guy with the coin to come back, set up the drama of calling the coin guy, pretend to haggle and let us all think Rick got a bargain. Sometimes I wonder if there is even that much reality in it. I sometimes suspect that the producers go pawing through ads and see something interesting, call the guy up and say "Hey, you wanna be on TV?" |
|
Pillar of the Community
United States
6370 Posts |
|
|
Bedrock of the Community
United States
17884 Posts |
Finally saw the episode last night. Coin looks to me like a high end XF detail with a lot of bagmarks/contact marks and possibly an old cleaning. If it didn't get a details grade (because it is a rarity) it would probable be slabbed as a 40.
|
|
New Member
 United States
40 Posts |
TypeCoin971793 Quote:Guess who's going to be at the Long Beach Show. http://www.longbeachexpo.com/visito...ns#pawnstars Cool find. It doesn't surprise me that they do this to keep getting worth while items to put on the TV show. The shop has been a place to go with historical and interesting items since before it became a TV show. When you watch the first season the store is already filled with cool stuff. Rick the owner had been trying to pitch the idea for the show for years. then Brent Montgomery and Colby Gaines of Leftfield Pictures visited and agreed. gotta love Wikipedia, http://en.wikipedia.org/wiki/Pawn_S...y_and_formatYeah it is one of my favorite shows. It's funny and informative. |
|
Valued Member
United States
453 Posts |
My signed"old man" silver round was my first silver purchase!
|
| |
Replies: 35 / Views: 6,170 |
First Page
Posted 05/23/2014 11:04 pm
