1895 Morgan on Pawn Stars

Last night in the breakroom at work the show "Pawn Stars" was on the TV. I glanced up and saw a coin. A person was trying to sell an 1895 $1 cameo proof. I seem to remember that it was a PF64 or PF65. I didn't catch the whole segment, but I did see that the guy was asking $100K for it. Did anybody see the whole show and see what he ended up offering for it? Is the coin worth $100K?

 

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According to PCGS, PR64CA is $65k, PR65CA is $94k.

I bet they offered $25k.

 

It was a PF64, and Rick offered him $40K which he declined.

Chris

 

According to the expert, two sold at auction recently. One, a PCGS PF64 sold for a bit under $100K and an NGC PF64 sold for a little more than the PCGS.

Chris

 

In the end, he settled with Rick on selling it for $80,000.

http://www.aol.com/article/2014/12/...ar-is-worth-big-bucks-on-pawn-stars/21120323/

 

@cpm9ball I remember it being PF65, I had my grey sheet in hand while the episode was running...maybe not tho...Rick did offer 40K.

@Markus1959 - the clip you shared was for a 1922 high relief proof Peace Dollar graded PF 61 Matte, that wasn't the coin from last nights episode. The guy from last night wanted $100K and walked away when Rick would only go as high as $40K

 

@Markus1959 - the clip you shared was for a 1922 high relief proof Peace Dollar graded PF 61 Matte, that wasn't the coin from last nights episode. The guy from last night wanted $100K and walked away when Rick would only go as high as $40K[/QUOTE]


OOOPS

 

Hehe..no biggie man...I just noticed it was a diff coin...figured I'd point it out. Either way, Its fun to watch these when they happen.

The more I think about this, the more I think @cpm9ball is right on it being a PF64. I remember thinking that the Gray sheet bid that I was looking at was under $60K and the seller was asking $100K...i was thinking you're not going to get that much for that coin.

The coin itself was not that pretty in my opinion, but then I'm neither a Morgan collector or enthusiast...maybe one day.

 

I guess if he really got 80K then he did good...I also understand that some episodes, if not all, are staged. Here is what I dont get, why in world would anyone take this rare and valuable coin to "PAWN STARS"? Did he not try to go to an auction, or try Heritage, Bowers, coin show, etc. ?

 

You're supposed to post a spoiler alert first......

 

I saw the show and the way I remember it, the guy wanted $100,000 for this Proof NGC 64. Ole rick called in his coin guy, who works in his shop and was informed that two of these coins were sold on auction. One was an NGC 64 which went for about $52,000 and a PCGS which went for slightly less something like $48,000. Rick offered him $40,000 but the guy turned him down. Said he was sticking to his guns and wanted $100,000. Rick told him maybe in 20 years he could get this. This is what I saw and I am sticking to it. May I am getting old but i really do not remember anything about Rick buying this coin. Maybe he came back after I nodded out

 

All staged because anyone being filmed for the episode has to sign a waiver that allows Pawn Stars to do anything they want afterwards without any compensation. Like the woman who brought in a necklace that Elvis gave her. She had already had it appraised for a huge sum of money. She never sold it to Rick and looked all disgusted afterwards but she got her 10 minutes of fame and her face on TV for all her friends to see.

 

bama guy got it right. It was a proof 64 cameo and his coin guy said one sold at 52k and the other at 48k at auction recently in the same condition. Rick offered 40k and he walked. I am shocked if Rick later offered him 80k unless he found out his coin guy was wrong (this was the shops personal coin expert not one of those experts they call from other stores).

Oh I see the link provided for the 80k coin was a completely different coin.

The post is about the 1895 proof Morgan not the 1922 Peace from an earlier episode.

 

Oy vey....

What was that P.T Barnum said? These, ahem, "reality shows" prove him a brilliant, brilliant man indeed.

 

Exactly, after the show got "big", basically anything filmed after it hit the air, is somewhat staged.

A friend-of-a-friend has been negotiating with the producers for months on bringing in some rare fishing reels. Basically, to get on the show, you have to email the producers what you're thinking of bringing in, send pictures, etc. They let you know if they're interested. You negotiate a sales price with them, too, before you even go. If you don't like their offer, they might not have you on the show. If you do go, the negotiation with Rick or whoever is staged.

The "Pawn Stars" themselves don't work at the pawn shop except for shoot days anymore. It's just not worth it for them to show up when they can get a speaking engagement or appearance fee for showing up at some car show or collectibles con.

Same with "American Pickers", they actually buy the stuff they "find" before they show up. They don't bother driving out unless they know there's TV-worthy stuff to buy and at the right price, then while they're there they might look for more. So people with stuff to sell have to send pictures to producers and negotiate a sales price before they even show up.

 

Rick offered $40,000 and the seller would not move from his asking price of $100,000.00.

 

Because none of the others have TV shows that would allow them to be on national TV.

And of course the shows HAVE to be somewhat staged. Have you ever seen what normally wanders into a pawn shop? Cheap electric guitars and amps, DVD's, sterios, TV's and second hand tools. Pretty dull run of the mill stuff. No one is going to tune in to watch people pawn that stuff. Something really neat like you see on Pawn Stars may come in on it's own at random maybe once every six months to a year. They need to have three or four a WEEK. And you can't afford to have a TV production crew just sitting around waiting for something interesting to happen to come in. So they HAVE to do "casting calls" for interesting, historical, and valuable items so they can schedule taping sessions, and research the items. (Doesn't look good when no one knows anything about the items being shown.)

 

No. He was offered 40.000 dollars but rejected the offer. He ended up by taking it back home with him.

 

Man what I wouldn't do for a Proof Peace Dollar for my collection... I have yet to see one in person... I guess it's time to start hunting!

 

Please don't tell me that the episodes with the beard of knowledge are staged. I might have to do something crazy.