Yeah really, he's probably rolling in his grave right now as we speak. XD

Thats the kind of stuff that goes through generations of a family.

Jewsus

dustinflocka Had it kept being passed down. And gold keeps going up as it does. It could’ve been worth at least $50k by 2100

Chicken Of the Cave way more than 50 2100 is almost 90 years away

*Hernán Cortés walks in

I laughed so hard at this xD

His buddy was non other than Carl Fismer! Look him up, he would know the value..

Lol awesome comment

Rick would have had to eat s***

fatdaddyog Gaming I

Lmaoo Rick has some of the Old Man in him

60% of the value in a pawnshop isn't a low-ball

this killed me

Word up man that's real talk

Maybe for 100,000 or pass it to my son when he gets older and understands true value lol

until u figure out its worth 18000 $ lmaoo

his grandfather will toss and turn in his grave to have a useless grandson like him

Lexi same butt it my be worth 1000-100000

The pawn guy

Jesus Christ King of kings Lord Of lords How are you going to pull a law suit off of that? If he offers to sell for $2,000 then that's on him.

Tanner Lynn Greed stopped him. He thought it was fake because the guy asked so little.

Rick*

Lets all be honest here,,, the guy brought the coin to the pawn shop,,, pawn shops have an obligation to tell you what your product is worth,,, obviousley the guy who brought the coin in did not have a clue what it is worth and just threw a number on the table, obviousley rick did not know what it was worth either or he could not tell if it was fake,, so he brought an expert in to look at it... yeah he could of bought it straight up for 2,000 dollars however if he did buy it and it was fake he would of been out... the right thing to do in this case is get it appraised....

Exactly !

in that condition i think its about 23 grands. for 30 grands it has to look even more clean and less eroded.

Daniel Plainview

gold doesnt errode dumbfuck...dont reprocreate and do us a favour

Yo chill out, he made a simple mistake but you knew what he meant. You're seriously gonna go ballistic on him for something like that? Reprocreate is not a word dumbfuck. Stfu and do us all a favor, don't procreate because you'd make more dumbfucks like yourself.

Guy: "And as soon as I left the store, the producers told me the footage was unusable and won't air. So, don't even bother watching the show , I won't be on TV. Here's 200 bucks, buy something nice."

sees this episode. leaves.

Joker_Graal sold

Joker_Graal he's a thief

Joker_Graal he gave him 3 grand too much rick is always fair im sure you guy's think he runs a charity shop😂

honest XD

either this is fake or that guy is REALLY STUPID he goes from 18000 to 11000 in 10 seconds

He got ripped off, big time. All he had to do was go to a reputable coin dealer, and he could have sold it for $20k at auction easily. That's without it even being graded by PCGS/ NGC. If it's in as good condition as they say it is, it could be one of the highest grades in the world and an even bigger premium would have been paid for it after it was slabbed. People who go to Pawn Shops with THIS type of stuff are just stupid. His original asking price was about $600 away from what the Gold was worth, alone.

+Max Wilson what's slabbed?

Edwin When a coin is graded by one of the major and trusted coin grading associations, it's put inside a tamper-proof, hand-holdable "Slab." Once this is done, a coin officially carries a trusted grade that dictates it's asking price. Here's a random example of a slabbed/ graded "Spanish Fleet Doubloon" coin: (Notice how it's graded at MS63... that mean it's in Mint State,+3. The highest grade a coin can receive is MS70. www.bonanza.com/listings/Peru-1712-Gold-8-Escudos-Doubloon-Coin-Ngc-63-Fin-Kn-1715-Plate-Fleet-Shipwreck/302650784?goog_pla=1&gpid=68416460701&keyword=&goog_pla=1&pos=1o5&ad_type=pla&gclid=Cj0KEQjw4J-6BRD3h_KIoqijwvkBEiQAfcPiBbG7r9QwzLd5t14JFi31noJFCjpkkLTpWNKmr9dxvVAaAlWH8P8HAQ

My gosh! Those coins are beautiful! That price tag tho. Why can't they make silver replicas like this. I buy silver rounds. thanks for the info btw

Edwin I'm invested in Silver. it's been a rough couple of weeks :/ I'm sure you could find hand-struck rounds somewhere... It would appeal to the same crowd that like the hand poured bars. Actually, thats a pretty good business Idea. Time to go buy some Silver Shot and design a Die!

That sounds about right Rick'

Vaethus x

Daniel Duchene old coin for sale please yourpries

I don't think Rick wants to get shot

wait till he goes super syain

@@furydeath lma0

glad he didnt go berserk when he heard 18k

$15000 is way too high. If you go into a pawn shop, you can expect 1/2-2/3 price for it. $11000 is actually a solid deal for him.

Bryan Jones because the auctions for these kinds of items have seriously high commission. There is also the fact that the kinds of auctions where this coin would get the full 18,000 are quite rare. He would probably have to sit on it for a month or two. And there is also the risk of him putting it in for auction and it not getting any bids because there are no collectors who want this kind of coin in the room. That way he still has to pay some auction fees but he's taking it home. Another risk is that it seems for about 10,000 or less at auction. It's easier to let someone else take all those risks than to do it yourself. So 11,000 is a good deal

AWE39V8 !!!! AWE39V8 !!!! If it was that easy no one would put any item in an auction house. Very few people on this planet are willing to spend the value of this coin on eBay. Too much risk of getting a counterfiet. Collectors will only pay top dollar if they see the item they are going to by prior to the purchase and have a third party authenticate it. Part of why auction houses charge such a high commission is due to the fact that they will have their own people authenticate all rare and expensive items. And since the auction houses reputation is on the line they make sure the job is done properly. This doesn't happen on eBay. So you have to trust that the seller is genuine about the product and it's value. That coin will go to an auction house, everyone who is interested will know it's exact monetary value before the auction begins, and the rest is down to what that coin is worth to them personally. There is a lot of security in dealing through an auction house. Rick will put this coin in an auction. Both the auction house and rick will let everyone who may possibly be interested in it and has the money to pay for it will be alerted that this coin is up for sale and they will be in attendance. Compare all of that to the random chance that two people who can afford this coin and want it will type in '1715 Spanish fleet coin' into Ebays search bar and that they both won't just wait until the last second to place a bid that is under the coins value but above what they believe the reserve price will be and that the coin will go to someone for a couple hundred dollars over the reserve instead of six grand above the actual value, which is something that normal people do when spending twenty or thirty dollars on a single item never mind something worth twenty to thirty thousand dollars. And eBay doesn't sound like it's such a viable option anymore does it? Because if eBay was an option for these kinds of things then antique stores, auctions and all forms of antique trade would have just went bankrupt when eBay and Amazon blew up

Sit on it for a month or two? No, you're talking at least a year for this plus probably at least 30% commision for something like this and then tax and other fees such as advertisement etc. By the end, even if it went for 18k he would be lucky to get 11k out of it, this is why Pawn Shops are so great but so many people, like the ones in the comment section of these videos have no idea.

AWE39V8 !!!! eBay is only good if you are careful about purchasing scammers and if you have no feedback selling an expensive thing that could be fake is very hard.

doing research on such old stuff is almost pointless unless you already KNOW for sure its real. today you can get fake copys of almost anything. i dont have much gold but i have lots of very old silver coins i have gotten for face value from neighbours and friends. they think the value is gone if its say not shiny ore dented ore scratched. but its still silver hehehe i havent sold any of those old ones but i have started buying new silver coins, as an retirement investment. i guess i need a bigger safe deposit box soon. hehe.

This show is so Fake my fried went there an sent photos of the shop and it is NOTHING like what U see on TV at all!!

why? silver have kept its relative value for thousands of years... even if papermoney become wourthless like it have done in several country trough history. silver still kept its relative value... i dont expect to get rich by the close to 100 oz i have so far but i add a few coins each month and hope that keep me safe in case of a new hyperinflation

may and may? of course everything can loose its value.. but say stocks is a very insecure investment... if you get say a new depression with hyperinflation like during the great depression in say usa and germany where a bread costed 5.000.000.00 mark.. it was cheaper to burn paper money than say buy wood ore fuel... same with stocks en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic it costed 5.000.000.000 mark for a stamp to a letter. hehe

i have never seen a country guarantee stocks ore money..... i for example got som bank stocks when my father died, and i kept them instead of selling them when the price fell to half during the little depression in late 80s in norway... the bank asked for help from the state, and the state demanded that the bank had to zero the stocks for the state to put in founds, so in a way you can say the state and the bank stole the stock holders money... silver on the other hand will never be wourtless, not as long as its used so much in industry and electronics and medical equipment

+GusBRGameplay Thanks a lot! Now that stuck in my head for hours. :P

+EchoNorbi lol

i was thinkin the same thing bro LOL

Diablo 2? no the first one

Shenis O hahah!!...marry me!

A cute girl who's also funny? We've found the holy grail!

Thirsty lonely losers

Rick: "The Velociraptor Boom ended *years* ago!"

No. Guy is greedy.

I agree

Maybe he really needs the money. You have no idea what his situation is?

Yeah I would pass it on to my own children

Sometimes when your in debt sentimental value ain’t gonna help

Not likely, these coins in this grade sell for between 5 and 30 grand. Depending on how many people want it.

Well the price of it if they sell it in the Pawn Shop could be around 20k but if they bring it to the auction the more a person wants it the more money they are willing to spend

You can ask as much as you want but if the market value is 18k that's what you're going to get.

and sell it for 10 995$.

I't called "Common sense" for ya!

@@GiotheGhreat It's called being ungrateful. It's too bad that it seems that there hasn't ever been an episode where the expert says it's worth a lot more than the customer's asking price, and where the customer is grateful enough to sell it at their asking price instead of them jacking up their asking price even more. The idea that the pawn broker is suddenly willing to give the person more than that person's asking price, yet that person then tries to jack up the price even more, that comes across as ungrateful.

Angelo Gaming lmao so true

The value of the coin was probably $30,000, Rick and the "expert" made a deal beforehand.

Angelo Gaming Wrong. Real business men don't gamble like that If he didn't call the expert he could have bought a knock off reproduction and lost money

Angelo Gaming a bad friend lol

A fake coin is most of the time obsvious ( especially back in 2010-2012 ) now the counterfeit are so good that the tpgs certified fake coin : /

Absolutely! And im sure theres a bit off the Carolina coasts, in the Bahamas and Cuba. I wanna go and find some so bad haha! It's be awesome! Not just for the gold, but for the history!

Mr. Obvious The Fifth cocaine is shite cannabis all the way

900*

My local restaurant has a large piece of an actual wrecked Spanish ship just hangin above the bar. Lol things prolly priceless

95 percent of the ocean is “unexplored” Just think about this.. And how many treasures hidden below sand..

How so?

How much would you put the value on the Spanish Coin?

how much would you pay to get it

Would you like to buy my 1711 Escudo hold coin. It's just as nice as the one Rick bought.

ahahahhahahahhaha

The reverse kind of looks like AU-50 to be honest

Rick this is hamered coin. Weak strike are very frenquent and the coin die wasn't polished/surfaced before the strike ( a lot of flaw and before-strike scratch ) , this is extremely hard to know the real grade/condition of this coin whitout a good knowledge.

Sir I have a 1711 Escudo gold coin. Where would you suggest I take mine to sell besides bend me over Rick?

DANCERcow No it's not

and yet so far

Fr

Remember he was trying to sell it for 2 grand

And it's a pawn shop they try to make value off everything it's not like retail that's why you can also get steals at pawnshops

In order to make 18k+ you need to put it for an auction. After that the auction house gets to keep 25% of the sold value. If Rick sold it for 18k at an auction he gets to keep 13.5k. The man who sold it for 11k does not have to worry about the unpredictable nature of an auction. I feel Rick gave him a good offer, cause he has to put work to make that money back.

Noah Blanco museums don’t buy things off you, they take donations. He could’ve taken it to a decent coin place and got a bit more for it though, for sure

He didn’t since the Pawn Shop is a business they have to re sell items

Because money.

Tommy Mccarthy Dude...."aerlume"??? Really? Come on now. The word is literally comprised of two smaller words; the word "heir", as in "one who has a right to inheritance" and "loom", as in "a tool or an implement."

Tommy Mccarthy and there you go. walked in with an aerlume and walked out with heirloom in the comment section. thank you spelling teacher

because he needs his cocaine !

A person who sells a family HEIRLOOM... is the same person who would spell it as ‘Aerlume’.

30,000, but i wont give you more than $300 for it

"ill take all the risk"

i will $30, let me know

i got it appraised and got a valuation of $2500. im gonna keep it for a rainy day.love u grandpa.

But I need to make something on it. It costs money to sell stuff. How does $100 sound?

Except that worthless paper gets you food and shelter...that gold coin does not.

+James P. $11,000 won't keep a roof over your head for very long, not even a value of any house, $11,000 is not a lot of money to live off of

***** that's correct but it's better than a "useless" coin

Some coins appreciate much faster than others and some remain stagnant despite their relative rarity (either absolute rarity or condition rarity). A lot of things in coins makes no sense as far as that goes. Identical coins in conditions similar to the one this guy sold haven't appreciated too much even since that epi of PS aired. Auction figures have shown that to be true. Market and desirability can stagnate how much a coin appreciates. What Dude had there IS a rare coin, no doubt about it. Coins from that era are all fairly rare to begin with and especially ones that were as well-struck (centered) and in such good condition are even rarer. The coin he had even had more luster than some gold coins that are hundreds of years newer. Problem is, how many people are in interested in high-grade Lima 8 Escudos? There are MANY modern US cents that rival or exceed the retail price of that coin and US cents are very popular to collect, even with rich collectors. Gold Liberty and St. Gaudens double eagles of a rarity equivalent to this coin in the show would go for mortgage money. Mostly because US double eagles are popular.

yeah that "bunch of paper" is paying your internet bill, your phone / computer and just about everything you do in a day so i don't think that "bunch of paper" is less important than the coin

Punny Metals if his grandpa don't sell it, this is probably because he wanted this real treasure to rest in the familly, his herritage. Very sad

don't forget the strippers and cocaine

5. If the customer finds out the item is a lot more valuable than what they thought it was after an expert comes in to look at it, they become ungrateful by trying to haggle with the pawn broker's offer even though the pawn broker's offer was even more than that person's asking price. It'd be nice to see at least one of those customers actually be grateful where they accept the offer that was higher than their asking price when they walked in. Too bad it seems that that's never happened on the show.

Lmao He did to ya dog