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 Replies: 77 / Views: 30,200 |
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Pillar of the Community
United States
2815 Posts |
Anyone else catch this tonight? Pretty amazing coin.
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Pillar of the Community
United States
7375 Posts |
I saw it. I also thought Rick paid a bit too much for it. Awesome coin. The "expert" said 50 to 100K, and the 80K price paid was a bit high IMO. But you know Ricks expert's were probably skewing in his favor, so you know he'll make a nice profit on it anyway.
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Pillar of the Community
United States
1748 Posts |
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New Member
United States
22 Posts |
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Valued Member
United States
118 Posts |
I don't think they gonna get anywhere near $80k in this grade. Numismedia have it priced at $60,630 in PF63 so Unless somebody will pay big premium for that label they will loose a lot.
Just my 2c, I might be wrong.
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Bedrock of the Community
United States
10982 Posts |
I just watched the episode too. At $80k it is hard to see a PF61 making money for G&S Pawn. Not that they need it. With only 10 pieces in existence it might run to $80k on the linked auction but after fees? Well it was a good show!
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Pillar of the Community
United States
937 Posts |
They often pay too much for items. Not only that they hang around for years. Watch that foolish game show they do. Many of the prizes are things they bought on the show in the first or second season. If Nevada has an inventory tax the profit margin gets very thin on a lot of their 'cool' things.
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Pillar of the Community
United States
7375 Posts |
Quote:
Was it raw or certified? Certified NGC. |
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Pillar of the Community
United States
7840 Posts |
I feel that NGC is selling out to anybody and everybody who will pay to have a "special" label made. Kinda cheesy IMO.
Unusual dollar, yes. But not for 80K.
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Moderator
 United States
23522 Posts |
He's in trouble. This is the third 1922 High Relief to hit the market this year - Goldberg moved the Condition Census PF67 and a PF64 last June. The 64 only went for $102k. His only hope is pent-up desire in one of the underbidders for those; otherwise the market is saturated.
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Bedrock of the Community
United States
17884 Posts |
How much you want to bet every coin dealer in the country is being inundated by people today wanting to sell their 1922 dollar "just like the one on Pawn stars last night" for $80K.
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Moderator
United States
23522 Posts |
Oh, dear.  |
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Pillar of the Community
United States
1158 Posts |
The good thing is that they reportedly make $25,000 each per episode, so they have a lot of wiggle room (And there are a LOT of episodes).
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Pillar of the Community
 United States
2815 Posts |
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How much you want to bet every coin dealer in the country is being inundated by people today wanting to sell their 1922 dollar "just like the one on Pawn stars last night" for $80K. I thought the same exact thing, Conder. I was really surprised Rick went that high. I like that Rick is a lover of coins. Corey and Chumlee just take up space. Knuckleheads. |
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Pillar of the Community
United States
1903 Posts |
when I watched the episode, based on how Rick acted and how quickly and easily he ran to $80K I assumed he wanted to keep the coin...but I guess I was wrong. I am in the same camp...assuming he actually did pay the $80K he is in trouble if he intends to make a profit and not using this as a PR stunt
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Pillar of the Community
United States
7618 Posts |
Rick does some dumb things sometimes. Anybody remember the short-lived "Pawn Stars Live" show at the Golden Nugget downtown? (I didn't think so!)
Their "15 minutes of fame" is rapidly flaming out but they had a good run. I hope Chumlee saved some of that money from doing the TV show. He is gonna need it.
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Replies: 77 / Views: 30,200 |
Posted 12/23/2014 12:35 am
