Tell slash hi for me!!!

Facts lol

No pawn shop anywhere pays 85% for anything

@@larryhullinger4141 I've just out of Curiosity had my Friends as well as myself take things and sell just to see what we could get..One of us would go back in a few days and it would be 2 and Somtimes 3 times what we sold it for.

@@davycrockett3230 yeah that’s how business works dude. A shop can’t pay retail for something they are going to sell for retail.

I was about to type the same thing..so I will just say "Ditto" on the getting screwed over part. And you mentioned markup. My ex-wife worked at a jewelry counter at a major retailer...1500% markup was common.

@@JesseJames44053 your ex worked for a crook I've been selling jewelry for more than 20 years at best we get a 3x markup at best... and I work for one of the largest in the country... just saying

Also, it’s not like the sellers HAD to agree to the deal. They could just walk away.

Yeah I'm done with these click bait videos.

report the video and channel

Correct Market value is determined by two people agreeing on a price the seller and the buyer. The word no is available at any time. And as a business you have to look at the purchase as a long term investment. It's not like they can just pick up the phone and call a buyer. To keep something for that long takes space and every square inch of space has a cost associated with it as does time.

This shop owners know all the tricks, there was this time I went to sell my Nintendo's consoles and they wanted to pay me 10 dollars for each console, and I went all through the subway with that consoles. I just leave them there, didn't want to get back with all of that

Right.. they are pretty honest and sometimes the experts says it’s worth way more then what the customer originally asked for.

You are never going to get what its worth in the setting of a pawn shop. Its much closer in the range of 50-60% depending on what it is and the actual value of the item. The higher the value and rarity of the item, the more likely a pawn broker is going to pay a higher percentage of the total value. I've seen Rick shell out about 75% value for some really high priced items.

Facts 💯

t mac exactly. Everyone acts like they should buy it for the exact value. They are going to resell the item. If they were buying it for themselves for a collection, then yeah they lowball.

and it was pretty poorly done. the lincoln was accualy and imperial, and a sword made in the 1600's is not a 15th century item, it is 17th.... not good enough to like, not bad enough to dislike.

You speak the truth, Kemo Sabe. People who intend to resell the item must purchase an item at a price they can make a profit on later on.

They took a fourth of the worth of the item. What percentage in your opinion would be abusive? Especially considering the shop owners are doing nothing to get that profit.

@@christiangreaves3911 except for putting up $30k and risking it being confiscated by police all with no guarantee that it will sell at a profit what do you think the pawn shop should have paid. After all it was agreed on by both parties

@@christiangreaves3911 considering the man selling it wasn’t forced to do anything, whether they paid $20.00 or $30k it still wouldn’t be getting ripped off.

@@christiangreaves3911 Not so, Christian. The shop owner has his or her investment to cover to begin with, then there are the operating expenses, employee salaries, taxes, building upkeep, mortgage and loan payments, utilities, insurance, etc. At 25% profit is pretty slim. It is not unusual for business to legitimately charge what is know as "triple keystone", that is three times the cost of the item sold. This is particularly true in the jewelry industry. I know. I am a goldsmith.

@@christiangreaves3911 they're in business to earn income. They have to market and promote it, hoping someone will actually buy it at their price. All the risk is on the shop. You clearly don't understand how to commerce.

Thank you!...that was killing me the entire time.

And the fact that he misspelled continental in the video

Lol he even shows a super close up shot of where is says Imperial on the front left fender. I think that's where it was on those cars anyway.

Unbelievable.

@@thomashaas2929 🤣

He doesn’t even know the model is Continental, not Coninental.

I know! It's plain as day to spot!

No. he's obviously very ignorant of a pawn shops business model.

For dramatic effect.

Exactly

Its worth 30000$ This guy - "I'll give you 29,999$ and I'll make 1$ profit"

Agreed. I collect comics and I can straight up tell you that knowledge and connections is worth a ton. I could give a random person a Hulk 181 and they will have no idea what to value it at, how to sell it or why it's (or even that it is) potentially worth thousands of dollars. Nor will they know the steps they need to take to maximise the value by having it cleaned, pressed and graded or how to advertise it to the right buyers. What is happening here (for the most part) is that people are selling it to someone for a good price and the shop does the hard work from there. It's not like the average person has the connections or $3000 freely available to properly restore katanas.

this guy must be a liberal.

never understood why people say Pawn Stars rips people off. The most pawn shop pay out is maybe 30% at the most, then they have to hold it for a few months before they can put it up for sale, and the it could be months of years before they actually sell

I beg your pardon??🤣🤣🤣

Exactly. No one held a gun to any of the sellers' heads. It was their choice to sell the item.

Plus he doesn’t have the resources that Rick has. 30k sounds like a pretty sweet deal to me to not have to do any leg work.

Exactly........was not a Lincoln......

Dick Fitzwell What would you expect from a man who puts gay music in the background

Very poor attempt at a restoration for a Classic and leaves the Continental badge on the driver side quarter panel, even the steering wheel badge says Chrysler!

They did start out showing a lincon continental very short time more of the Imperial though

Exactly what I was gonna say click bait man

They have to take those offers because it would be hard and take a long time selling it on the market.

it is their offer, and you are correct, plus it is a fucken pawn shop , they do not pay retail...

Larry Hullinger The word is THEIR not "there"

"their" offer. Not "there" offer. Take a course in English grammar, Larry!

Oh you didn’t hear? This show is actually filmed in Las Vegas, Russia. Not Nevada USA. Once they walk into the shop they MUST sell their item at low price or else.

@@The-CoffeeMan lololol

As I do when I take off my hat, you make a good point. A pawn shop or dealership will never give you the best price on anything you want to sell. They need to make a profit when they sell it. Quite understandable. A better price will be gotten if a person sells their item to a collector who is going to keep the item.

Yeah...i was tearing my hair out during that nonsense...imperial

reading my mind ....

ace davis The Lincolns made by gmc right? Just kidding i have plenty of fords in my yard. Fuck this videos a perfect example of the problem with free media unfortunately. Why can't the creator close his channel down & start up a second hand store I'd always sell him items as clearly he doesn't believe in making profit off people. Oh wait he is making profit off people (the pawn stars show.) Using their content to make a profit.

This guy doesn't know the difference between a business and a charity

One sucks a bit more ? Why yes.

@@greatbungblaster Both Lincolns and Chrysler had their strong points, I'd say the Imperial's was the 392 Hemi under the hood.

a profit no a gouching yes!

@@robertbates6249 Nobody got screwed

You have to admit sometimes his profit is obscene

I was thinking the same thing, obviously this channel is full of BS, as this is not the first major mistake I've seen in one of their videos.

I certainly have a notion to second THAT emotion !!

I always love the morons expecting the shop to pay retail for their item. It's like someone going into a convenience store and saying "I can get a 24 pack of these M&M's for 10 bucks at Costco.....you want $2 a pack."

no reason to rip people off....make a profit is one thing... robbing people is another...

@@zacheddy4486 the pawn shop is taking the risk. There is nothing guaranteeing the cannon will sell for 30 or 40 grand. Just like what cg said, if you want to maximize your sale, sell it yourself.

@@zacheddy4486 Robbing someone makes it sound like they didn't have a choice, they all have free will to make the decision to take the offer, thank God for Capitalism

@@joeschmo247 I agree except, for the parts about god and capitalism.

Indubitably ! A pawn shop will never give top dollar for an item. That's because they need to make a profit when they turn around and sell it. A simple rule of business.

You got that right.

I agree 100 per cent.

It was the "Old Man" that started the business after retiring from service in the U.S. Navy. Rick, Cory and Chumblee just happened to be sorta "Lucky Souls" to be able to have a really nice life style because of Dad. Nothing wrong with it but let's not forget the Old Man! Rick is a good History buff and it shows.

Yes.