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First American Coin On Pawn Stars

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USSID18's Avatar
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 Posted 05/31/2018  5:54 pm Show Profile   Bookmark this topic Add USSID18 to your friends list Get a Link to this Message Number of Subscribers
Looks like Rick met his match.

If you haven't already seen this episode...

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Heymikep's Avatar
United States
824 Posts
 Posted 05/31/2018  7:03 pm  Show Profile   Bookmark this reply Add Heymikep to your friends list Get a Link to this Reply
This must be advertising for the show, what kind of coin collector would go to a pawn shop with those two coins and sell them?
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Mark1959's Avatar
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 Posted 05/31/2018  7:27 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
All them shows are just put on's for ratings and entertainment. During filming they fill the store up to capacity and have stand ins looking at things all over the place. And of course the "Stars" are there and everybody and their items they bring into the store is scripted. But it's for entertainment purposes and I watch it all the time.
When they aren't filming the store is mostly of souvenirs with their faces on most everything, and no Rick, Old man, Corey, or Chumlee to be found.
So yeah, after that scene I'm sure the collector took his coins back and got his royalty check from the film company.
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solotime's Avatar
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 Posted 05/31/2018  8:45 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
I think they really do buy the items though. The guy would of been better of selling it on ebay.
Edited by solotime
05/31/2018 8:45 pm
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USSID18's Avatar
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 Posted 05/31/2018  8:50 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
I'm wondering. The guy accepts Rick's offer and the show makes up the difference. Everyone wins.
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Mark1959's Avatar
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 Posted 05/31/2018  9:15 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
I looked up the coin he bought - actually it is a medal. PCGS value is stated at $100,000. Didn't Rick pay $150,000? And the expert say $200,000 - that doesn't add up. I would think PCGS would upgrade their pages with up to date values - maybe not?

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USSID18's Avatar
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 Posted 05/31/2018  9:21 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
Hmmm Good point!
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hadleydog's Avatar
Canada
1267 Posts
 Posted 06/01/2018  12:17 am  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
A post from the owner of the Libertas medal (ats) regarding this episode......this should answer your questions.


Quote:
I missed the episode last night, but I'll watch it online when I can. I was invited to be part of the filming, but work deadlines prevented that; otherwise, I would have gladly been there!

Jeff Garrett is one of the experts that gets brought in to evaluate numismatic items for the show. For this specific episode, Jeff was looking for both a Half Disme and a Libertas medal, and Jeff was able to locate them and had the respective owners' permission to have them appear on the show. The Half Disme is pedigreed to the Garrett Collection, and the silver Libertas medal was one that Jeff Garrett had sold some years back. (This particular Libertas medal has been in the Cardinal Collection for the past 6 years.)

Regarding the valuation of the silver Libertas medal in MS61, the piece needs to be regraded, as it is far superior to the other MS61-graded examples. I would call it MS62, or MS62+. The valuation of $200K came from me, and Walter Husak relayed that to Jeff Garrett. Yes, there are a number known in grades of 63 and 64, but this particular piece is one of just 3 known from the earliest state of the dies. That places it as definitely included in the first group of silver medals delivered to Benjamin Franklin on April 4th, 1783, and each of those were personally presented by Franklin himself to its original VIP recipient. These were truly the diplomatic presentation pieces -- and "First Strikes" at that! Following that first delivery, the Paris Mint struck additional batches for Franklin, but then in later years, several more pieces were struck at the request of others who simply wanted one. For example, the magnificent piece in George Washington's medal set was struck sometime around 1790, after Franklin had already returned to the United States, when Thomas Jefferson took over Franklin's role.

During the show, the Half Disme was a no-sale. The Libertas medal was shown as sold at $150K on camera. That being said, the piece was not actually sold, even though Rick actually did want to buy it for $150K.

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 Posted 06/01/2018  2:39 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
This must be advertising for the show, what kind of coin collector would go to a pawn shop with those two coins and sell them?

Just look up Pawn Stars on the internet. It is only a show. The real place is mostly now just a tourist attraction place. And no almost none of what you see being purchased is the real thing. Just like most of these type of shows on TV, things are made up for viewers. If you watch the show you see items like cars, trucks, coins, guns and almost anything being purchased. Even notice nothing is ever sold on the show. Just lots of items purchased. And who would take valuable coins to a pawn shop. Who would take an old car of truck to a pawn shop. And imagine where would anyone be able to get all those experts to come to your place within minutes to verify stuff? All just made up. Look it up on the internet. It's all just for fun.
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USSID18's Avatar
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 Posted 06/01/2018  5:24 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
All staged for the show. Like the survival shows, the cast and filming crew are out in the wilderness during the taping and are probably sleeping in a 4 stars hotels every night!
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Mark1959's Avatar
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 Posted 06/01/2018  5:39 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply

Quote:
All staged for the show.


OH NO! - pretty soon you're gonna tell me Big Time Wrestling is fake!
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jbuck's Avatar
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188629 Posts
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USSID18's Avatar
5464 Posts
 Posted 06/01/2018  5:50 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
Don't make me come over there....

First-American-Coin-On-Pawn-Stars


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