Pawn Stars: TOP 5 GOLD & SILVER DEALS | History

hey what do we got here a whole lot of silver let me help you out real quick the old man is crazy about silver he's gonna be like a kid on christmas morning when he sees this i've never seen you get up from your desk that quick i always get up sun not generally very quickly i came to the pawn shop today to sell my silver i have over 3 000 ounces growing up my dad always taught me to invest and so i'm here today to cash in on that investment if they want less than face value well we'll see what we can work out wow that is a boatload of silver you have right there where did you get all this stuff so i bought about 12 years ago and i held on to it and here i am today so what do you got here i got some 90 silver dimes over here some quarters i got these bars and this thing alone is almost 75 pounds oh that's cool most people don't realize until 1964 all u.s dimes quarters half dollars silver dollars were all made out of silver and all paper money was was a promise to pay you real money right i've been collecting silver sun for the past 30 years silver and gold is a hedge against hyperinflation people have been mining silver since at least 3000 bc but silver mining really blew up after the discovery of the new world when they found huge amounts of it in south america all right i just got to make sure you know it's all silver coin okay it's really important for me to scan all the edges on these to make sure there's no modern coins in here when you look at an edge of a quarter or dime today you see copper and nickel pre-64 all silver no copper um they look right it's the right color it's uh all 1964 before uh do you mind if i go weigh them just to make sure they weigh the right amount no problem [Music] so you have 3 372 ounces of silver they bought right at the bottom of the market in the late 1990s silver was down to three dollars an ounce but silver is the best conductor of electricity there is period just about every cell phone every computer television they all started needing silver by i think was last year half a billion ounces of silver was used just in industry i hear that there's basically a shortage of silver nowadays i'd love to buy silver all day every day of the week because there's a set profit margin i can sell it on the market immediately uh so what do you want to do with it i want to sell it ricky this one's going to be difficult to buy and you know why when you're talking this much money there's too much temptation to put a bar of steel or something in the center and when they make them this big they don't make them in odd weights so you're saying this might not be pure silver what i'm saying is there might be a chunk inside that's not pure silver can we test this thing um yeah drill a few holes on it take the shavings out melt them down make sure it's all silver give me a few minutes everything checks out i'll pay you it doesn't check out i'll give you an address where you can send it okay okay [Music] i never even imagined this might not be silver i'm really nervous right now testing silver is a little work but it's not rocket science first off you have to drill deep enough to make sure there's not a lead core or some other metal in the middle of the bar then you melt down all the filings until they liquefy and you create a small button the last step is dropping some nitric acid on it and seeing what color it turns when nitric acid reacts with pure silver it turns a creamy white if it's any other metal it could turn green blue to gray [Music] okay here's the deal [Music] yeah it's hard it's fine now that i know it's pure silver i'll be more than happy to buy this humongous bar but i have to factor in the unusual cost when trying to sell something so heavy and odd shaped you got 46 000 for the coins 33 390 for these bars right here 32.39 times 942 equals so we got a total of 110 901 well let's make a deal that is the deal you can't go like 115. no i mean there's not a lot of profit here on a hundred and ten thousand nine hundred one dollars i'm probably gonna make 1500 bucks off yet but can't you just hold all this for six months a year and sell it for 120 or hold on to it for six months and sell it for 50. i am not a speculator in the silver market i'm a businessman so what's your best price you give me today um i'll go 111 000 even i'll go up 99 bucks how about 112. no no no there's no money to be made for it you know you're welcome to check around but most people go a doppler back on everything yeah i mean that's what i can do i can do um 111 000. or if you want to you can tote the stuff around and check some more [Music] well i bought it 12 years ago for way less than that 111 sounds good to me all right let's deal 111. i'm really glad my dad taught me to invest because today i'm walking out with over a hundred thousand dollars i'm gonna take one of these rick um no no you're not come on what do we got here oh i got a gold bar i want you to look at right oh wow hey pops no come look at this [Music] where in the world did you get this grandma just passed away a few months ago we're cleaning things out and we found this thing did grandpa's having to be a jewelry store robber or anything i came to the pawn shop today to see if i could sell my old gold bar this bar kind of really surprised us i never really heard about it and nobody else have so i thought we gotta go get this looked at and see what it's worth maybe sell it get some money and split that up among the family members what do you think pops um it's gold it's a big chunk of gold you got approximately 24 000 worth of gold here wow when you've been a pawn broker as long as i have you know real gold when you see it and judging by the weight of it there's a lot of it before 1971 it was against a lot of owners you weren't allowed to have more than i think five ounces of gold in your house period it was a federal offense it was called the gold confiscation act fdr anti-depression bought all the gold off everybody in the united states for 20 an ounce and it was up until the 70s when nixon took us off the gold standard that we were allowed to hold gold again there was a lot of people in this country who hid it because they didn't want the government taking it away during the depression fdr made it illegal to own gold you could own a little bit of jewelry a little bit of coins that was it the reason he did this is he wanted to devaluate the value of the dollar hoping that would spur the economy along the weird thing about it is the markings on it right here what the xx means i have no idea so what's the deal with this white stuff on there sometimes they cast this in a mold it's called investment it's like plaster of paris but different and you'll have crustaceans like this in it but it'll flake right out with your fingernail and this feels like it's actually like coral or something i mean it looks like shipwreck stuff to tell you the truth you mean like buried treasure it could be yeah um was your grandfather a diver or anything like that i don't know if he wasn't or not he was down in the caribbean for a while and i don't know if he came across something there he'd never tell anybody about i buy gold from people every day but i never have gold bars from a shipwreck walking to my shop this thing might not be worth its weight in gold it might be worth way more so uh what did you want to do with this you want to sell it yeah i want to sell it um i would like someone to take a look at it this could be off the ship just because of this right here so i'll find out if it's treasure for you that'd be great okay thanks i'm president of big blue rex salvage and a marine artifact expert i'm passionate about the pursuit of history and information well what are your concerns rick what the xx means i have no idea and it looks like there's some crustacean on the back of it that's not from casting well what you've got here are the finest markings these particular stamps i recognize from the 1500s and even at that time gold was evaluated on a 24th scale it's marked as 20 carat i could see with my own two eyes that's more gold than 20 carats well they had taxes in the 1540s and 1550s also so if you can get it marked for less you can avoid some of those taxes i think it's pretty funny that even back in the 1500s people were trying to cheat on their taxes modern testing would bring this in at probably 22 or better okay so you think it's off a ship well what you have is definitely coral encrustation coral will attach itself to something harder to grow okay it would have taken um oh decades to have attached itself this thing was underwater for a long time and this is definitely shipwrecked treasure okay wheat [Laughter] there are two sites that have yielded bars of this type one is from the coast of texas uh the 1554 spanish fleet uh was wrecked there and there's a site in the northern caribbean so how much do you think it's worth milk times two is what you're talking about okay what does that mean remember earlier when i said 24 000 in scrap yeah scrap is melt it's just like a trade term so you're telling me that's worth forty eight thousand dollars in that neighborhood yeah that's what i'm talking about yeah i'm gonna start melting down wedding bands and stampin x's on it if you can get the coral to grow on it i got a fish tank all right thanks for coming in melbourne my pleasure there's probably not a lot of people out there willing to buy this thing but here's the deal the people that are are willing to spend a lot of money trust me a lot so now that we know what you want to do and i still want to sell it okay and how much would you like for it well if it's worth 48 i want 48. um yeah money talks we're talking different languages at the moment 44. uh no because if i put this in an auction they're gonna charge me twenty percent okay all right i mean i'll go like thirty two thousand dollars on it come on you gotta give me more than that's worth 48. um um i'll give you thirty five thousand dollars and i don't wanna pay you that cash money all right thirty five thousand let's go do some paperwork totally pumped to get thirty five thousand dollars it was a lot more than i expected so i'm lisa's punch to get that hey how can i know i have a coin i think you might be interested in okay it's a steel pen uh are you familiar with those yes i am whoa it's a 1944 steel penny that is really neat i know there's less than 100 of them in existence now from my research there's less than 30 that exist okay you know i don't know pawn shop and i deal in a gazillion different things so i can't know everything even though my kids tell me i'm gonna know it all [Laughter] i'm coming to the pawn shop today to sell a 1944 steel penny this is a very rare coin was given to me as a gift for my 70th birthday i know i don't look 70 years old but i am as old as this coin it's amazing this is a really really weird coin this coin does isn't supposed to exist it was uh correct you know world war ii happens a lot i mean just everything was rationed bacon was rationed and you know the u.s government came along and says hey you know we make tens of millions of pennies every year basically told the u.s med you have to make sense out of something else because copper is a war medal so they started making you know the scents during 1943 out of steel that were zinc plated and everyone absolutely hated them people were confusing the steel scent for a nickel or a dime so in 44 we stopped making the steel pennies but when you're making tens of millions of cents you know they were steel bins and stuff like that and they think that like some of the blanks got like stuck in the corners and things like that and when they were pouring them out into the machines a few of these got made this coin is one of the great mistakes of the us met and in general when the united states meant makes a mistake on a coin that coin is going to be worth a lot of money how much are you asking for this 102 000 whoa uh i am going to call in a friend look at this thing over 100 you know what i mean fraud 102 102 yeah hang out a few minutes i will get him down here and we will try and figure out a price all right i got it this coin is extremely rare and really desirable but 102 000 sounds like a lot of money for this coin i have to do some research and i gotta call some people it isn't every day i get a call about a 1944 steel cent um this is pretty amazing um these 1944 steelsense and the 1943 copper sense are probably the most famous errors of the 20th century from the united states men and you would not believe how many people have dug through mounds and mounds of pocket change trying to find one of these because if you find one it's a gold mine and we're looking at one of them right now there you are yes so how many of those actually got out into circulation well that's a big question because these were struck at all three minutes philadelphia denver and san francisco they struck oh it was something like 2 billion cents in 43 and 44 at the three minutes and the total population of off-metal strikes is about 60. and most of them were struck at philadelphia like this one may represent something like half the gnome population however it's still a rare coin yeah and there's only 30 of them out of a couple billion that's pretty rare it's a very rare coin there's a huge collector market for these in some senses it's a little narrow because there aren't too many people who will part with this much money for an error coin but for those who take it seriously everyone wants this coin so what do you think this would go for um well you have here an extremely valuable coin i think you know that and there aren't too many to go around and that drives the price up substantially um the last two of these that have traded at public auction in last year and the year before both brought approximately thirty thousand dollars and it seems awfully low to me it's a public auction both of them that's okay but you don't necessarily have to bring this coin to a public auction no but public auctions are actually where the most realistic prices are set because every major collector in the world gets those catalogs because there's these are high profile auctions there's many sites that value that coin a lot higher right than that number that good okay the the auctions are are very clear in determining the value of these coins okay all right every good one dave all righty thanks the value of 30 000 for this coin is extremely low this is probably one of the rarest penny coins in existence i don't know where the expert came up with that value it is what it is if this thing i would give you like i would give you 25 grand for it no i'm not sure you know what you have here well i know exactly what i have i have something that i could probably sell between 30 and 35 thousand dollars there's none for seller there's none of these for sale this is the one okay all right this is the only one in the state of nevada um maybe but it's still what it is what's low should go you know i i drop it down to the minimum and it's valued at about 75 000. not gonna happen then we will not be able to make a deal i have a good one though thanks for stopping by though no problem i think the offer of 25 000 is ridiculously low but i'll just keep it in the family and somebody eventually will sell it for a lot more than i'm being offered today so what do we got here this is a solid silver julius caesar bust i think it's solid silver wow puffing the base the head is okay it's vegas you know julius caesar really really popular guy around here there's a palace down the street yeah i'm at the pawn shop today to sell my solid silver julius caesar bust i inherited it when my aunt sadly passed this bus was her prized possession it was centerpiece over the fireplace everyone could see it when they walked in the house i'm hoping to get about 75 000 for it this is really cool julius caesar i mean the guy had a crazy life i mean you got to be pretty cool to get shakespeare to write a play about jeff yeah so it was around 46 bc he became dictator of rome which was a 10-year position and pretty much decided you know that's cool and all but i'm just gonna take over the whole thing because he thought that the senate and everything was really corrupt so he just decided hey you know what i know what's best i'm just gonna make the decisions myself they use the term benevolent dictator right where he actually really cared about the people and as far as they were concerned julius caesar was the guy but the senate hated him because he took their power away and then he ends up getting stabbed on the senate floor after he died his great nephew augustus became the first emperor of the roman empire and that's why we have july and august so where'd you get it it was passed down to me okay um you mind if i take a better look at it yeah yeah came from the vatican i guess or has something to do with it and it says right here you got 500 ounces of silver silver's around 24 bucks an ounce we're looking at at least 12 000 worth of silver if you melted it down right that being said i mean it is a really really cool piece how much are you looking to get for it i'm looking realistically for about 75 000. you know what man i really don't know yeah somebody obviously spent a lot of time and money making this thing right so do you mind if i have a buddy of mine come down and take a look at it yeah yeah it's all good give me a second i'll give a call be right back i'm pretty confident the experts are going to come in and i'll get pretty close to the asking price that i'm looking for today so we'll see so we have a bust of julius caesar 500 ounces of silver can't go wrong with that and there's something to do with the vatican on the back mm-hmm yeah i actually i recognize this piece i've seen it before this is actually the chiaramonte caesar and the thing that's really neat about this is the fact that this was molded from the original marble so a foundry called arte divine got licensing from the vatican to cast several of their major works into bronze and into silver and this is one of them but what's really cool about it is this is one of the only pieces that well one of two this and the two skulloom that was done during his lifetime so it's a historically a very very interesting piece so how many of these were made this is a very rare piece you almost never see these in the solid silver there were 99. so what's something like this worth when they first came out the gallery price at the time was about 75 000 and you'll still see them on the market for that for you guys and for the secondary market i don't i wouldn't pay more than 50 000 because i you need to make a profit as well okay well chad i appreciate you coming down man hey thanks a lot you have a good day okay so you know i know you heard chad say 50 000. um that's still a lot of money for me to put out like that and it's gonna take a long time for me to sell it i mean it is unique it is pretty cool i just i don't really want to tie up that much money for that long i'll offer you about 30. uh they that's that's a little low i mean i'm looking i'm looking to get a little bit more closer towards the 50 if possible how about we me in the middle 40 000. [Music] yeah we can do that come on we've got to do some paperwork 40 000 you know i'm happy with that like i say worst case could have been just the silver so pretty happy morning gentlemen hey how's it going good i'm john i'm local bill bondsman i had a guy skip out on me on fifty thousand dollar bail and i was trying to see what i can get out of this to pay the bond so he skipped on you huh yes sir no laughing matter yeah life is a sometimes i decided to come to the pawn shop today to sell my rare 1861 double eagle 20 gold piece i took this coin for collateral against the guy skipping court and he did skip card now i got to pay 50 000 bucks so i'm hoping it'll make a dent in the 50 000 that i owe on this bond so do you know much about the coin not much and i thought it was pretty good condition but uh i was hoping you could tell me was this graded at one time or i know i've never had it graded you mind if i pull this out of the plastic because it's not great it doesn't doesn't really matter pulling this one out don't drop it let's put down my little safety pin appreciate it appreciate it thank you how's it looking son i mean it's in pretty damn good shape the u.s men started making these coins in 1849 and they continued to make them for over 80 years but there were design changes along the way and this appears to be the original liberty head and it was a big deal to have one of these back then because 20 was a ton of money what i can tell you about this coin is it appears to be real this is uncirculated mint state this is a very expensive coin the reason this one is worth so much money is because this is a really low mintage year there's 11 different grades of men's state from ms 60 to ms 70. difference between a 61 and a 63 is the difference between 10 000 and 40 000. there's also a variant of this coin that's worth right around a quarter of a million dollars in the shape really rick we might have the holy grail of coin i like that a lot there's a possibility i'd like someone to look at it who just knows a little bit more than me sure so do you mind uh hanging out for a little bit and i get somebody down here great thank you appreciate it be right back being a bondsman is all about making cash money man i'm hoping this expert comes in tells me this coin's worth a lot of money i'm the owner of american coin express i'm an avid collector and lover of coins i've been doing it all my adult life every coin is unique it's like a fingerprint okay a 20 live when we had the 1849 gold rush america had a substantial gold supply they started issuing the 20 gold piece up till till then they only had the 10 gold piece so that's why they call it a double eagle versus a eagle which was a 10 gold piece they made one pattern in 1849 the year of the gold rush and that's sitting in the smithsonian today and basically priceless and then in 1850 they started issuing 20 gold piece uh the liberty it was the highest denomination gold people had out there 20 what are your questions or concerns about this coin that you would like me to evaluate i need to know the grade on it and i know there's a variant of this year that's super rare and worth a quarter of a million dollars in this shape so take a look okay the variant is distinguishable by the back it was a design which was not accepted but some of them were issued as patterns there's less of them and that's what makes the coin rare okay so is this it i'll look on the reverse and that's how you could tell with the tall letters and the shield variation in the larger wingspan unfortunately you do not have here ugh i am sorry okay what grade do you think it is let me take a good look at it and tell you it was a long shot that this was the quarter million dollar coin but it's still rare and it's still valuable but before i can make an offer i still have to have its condition and grade determined we could be talking thousands of dollars or tens of thousands of dollars looks very high grade off the cuff very very minor scratches on the whole coin good body very slight wear this definitely is a ms63 or a better coin which would minimally be worth 40 000 okay thanks a lot andrew i really appreciate it i'm very happy this coin's worth a lot of money so what do you want to do with it buy her to sell it sell it how much you want for it you heard the man 40 grand uh 40 grand that's not gonna happen i'm thinking more like 30 grand and that's cash well you said it was worth 40 and i definitely need the money how about 35 do you know you're gonna make five grand off it i'm not necessarily going to make it five grand i plan on making five grand plans don't always come out as planned um so how about 33 34 you got a deal what do you think i'm going to go for it what the hell all right 34 000 fantastic all right let's go right this thing up very good just made 34 000 i'm very happy i have to pay a 50 000 bond with it but it's pretty good it's better than i expected

Channel: Pawn Stars

Views: 18,757,161

Keywords: pawn, pawn stars, pawn stars episode, pawn stars full episode, the pawn stars, pawn star, pawn stars episodes, pawn stars chumlee, pawn shop, pawnstars, pawn stars old man, pawn stars full episodes, chumlee, top 5 gold and silver deals, gold and silver, gold and silver pawn shop deals, pawn stars gold and silver, compilation, pawn stars compilations, pawn stars episode clips, pawn stars clips, pawn stars scenes, gold pawn shop, silver pawn shop

Id: 6IqED0MzDdE

Length: 26min 50sec (1610 seconds)

Published: Fri Sep 10 2021