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Old 08-20-2010
World Series Champ
 
Join Date: Apr 2005
Location: Riverside, CA
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Pawn Stars - Old Gambling Kit

Anyone see this episode?

Pawn Stars ó History.com Videos

Coolest old gambling set evar! When I win the lottery, I'm tracking it down on day 1!
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Pawn Stars - Old Gambling Kit-kit.jpg  
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Old 08-20-2010
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Re: Pawn Stars - Old Gambling Kit

i saw it and was surprised nobody posted about it. The accessories in the bottom were the best part. i think the chips were 11.5 gram official casino weight.
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Old 08-20-2010
Final Table
 
Join Date: Mar 2006
Location: Illinois
Age: 40
Posts: 601
Re: Pawn Stars - Old Gambling Kit

This is such a cool item, easily one of the best things brought into the shop that I've seen. Too bad he didnt sell. Thats one thing that bugs me about the show, someone brings something in to pawn and finds out its worth MORE than they thought, then wont sell. You were probably willing to take 2 grand to start, but find the history of it and then wont take 6K. I just wonder if the cameras werent rolling if they just lo ball people?
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Old 08-21-2010
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Re: Pawn Stars - Old Gambling Kit

Quote:
Originally Posted by MGM GRAND View Post
I just wonder if the cameras werent rolling if they just lo ball people?

I've always wondered this. They're in the business to make money. I understand the need for their "experts" in a lot of the situations, but I'm sure there has been a time or two when they knew something was worth a lot of money and neglected to share that with the seller who was happy to walk away with a $100 in their pocket.
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Old 08-21-2010
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Re: Pawn Stars - Old Gambling Kit

Quote:
Originally Posted by dap325 View Post
I've always wondered this. They're in the business to make money. I understand the need for their "experts" in a lot of the situations, but I'm sure there has been a time or two when they knew something was worth a lot of money and neglected to share that with the seller who was happy to walk away with a $100 in their pocket.
If people weren't greedy for the cash NOW then they would never go to a Pawn to sell their goods. That just isn't smart in the long run if you want to maximize the value of the item, so they're doing it because they don't think they have a choice, or they don't know any better. But any one of those clowns that come in with something potentially valuable - if they just took a few months to do some real research (contact a few appraisers themselves) and sell at auction rather than at pawn they'd probably make a lot more, but they'd have to wait, and it probably wouldn't be straight-up cash. Unfortunately this also draws flies to their business so they have to worry a LOT about stolen goods.

I saw the episode with the old gambler's kit, and I gotta say I'm amazed. The guy who took a look at it is a period expert of western history that mainly knows weapons I think. The actual gambling chips, cards, etc. could have come from ebay as far as he knows. There were some personalized elements in there that help authenticate it, but those chips are all over ebay and were made for decades. I don't think those were part of the original kit.

In all I'm amazed that a pawn shop would take on so many collectibles, but again, they're a much larger outfit, and probably have made a name for themselves that way. Any pawn shop will need to rely on their buy/sell business to make additional money for them. They can't just do it on pawning alone, but you'd expect the usual tools, weapons and jewelry to be a core part of their business - not 18th century clocks and documents signed by Ben Franklin.

The one thing the show doesn't cover is the sell part of their business, which I would LOVE to see.
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Old 08-21-2010
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Re: Pawn Stars - Old Gambling Kit

Quote:
Originally Posted by cgraham86 View Post
you'd expect the usual tools, weapons and jewelry to be a core part of their business - not 18th century clocks and documents signed by Ben Franklin.
They said on the show they main item they buy is "gold," so I would have to think this is a major part of the profits of the business. But people bringing in rings and necklaces worth $75 does not make for great television.
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Old 08-21-2010
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Re: Pawn Stars - Old Gambling Kit

People can sell their stuff at auction, but then you have to pay auction fees I know on estate sales, paying 30-40% to the auction house is average. Thats not much better than the pawn shops, plus you dont have to wait.
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Old 08-21-2010
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Re: Pawn Stars - Old Gambling Kit

Quote:
Originally Posted by JeromyinWV View Post
People can sell their stuff at auction, but then you have to pay auction fees I know on estate sales, paying 30-40% to the auction house is average. Thats not much better than the pawn shops, plus you dont have to wait.
After spreading word of the set, he could list it on Ebay for an insanely high amount, then make a side deal. There's always a way to bypass the fees if you can find out who is interested.
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Old 07-04-2011
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Re: Pawn Stars - Old Gambling Kit

I just saw this epesode and was amazed when I saw this set. Add to it the history and I'm not surprised that the owner did not sell. $6000 is a lot of money but im sure that he can get more than that................owesome set!
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Old 07-04-2011
Big Stack
 
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Re: Pawn Stars - Old Gambling Kit

I saw this episode. There was also another 2 episodes recently aired where someone came in to sell a $5 California Club LV (?) chip on the arodie mold. The Old Man said that the last time he checked there were 8 in existence. I can't remember if the guy got $200 or $2000 for it.

In the other episode, someone came in trying to sell 3 plaques from the Sahara. Rick was like, "i think they're called placards." The seller wanted face value ($625?) but only got like $175 or $200 for them
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