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#51
Old 08-11-2013, 07:23 AM
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Regarding the porn/pawn stars I have to say, it's guys like those who have kept me from being a prostitute.

*na..huh uh. Not even if you paid me*
#52
Old 08-11-2013, 02:07 PM
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Quote:
Originally Posted by ruh-roh View Post
Rick's book is an enlightening read. Apparently the pawn business is highly regulated. A pawn is considered a form of loan and hence has privacy rules that keeps any part of it from being public. That is why you never see anybody pawning anything, just selling. No laws against showing a sale.

Also, everything they take in has to be filed in some sort of central police database and if it turns out it is stolen, they are just out the money and the item goes to the law enforcement types. In the book, he talks about one time (when the show was fairly new) they aired a guy selling a Rolex that turns out was stolen. They were out the Rolex, but the guy was on video, and he new it at the time. Must have been before, or maybe partly why, they started using so many "set-up" items (along with the fact that makes it much easier to control the "excitement" of the items).
My mother is a retired police department secretary, and one of the biggest surprises from that job was exactly this - that EVERYTHING coming into a pawnshop must be registered with the police.

We had a neighbor who owned a pawnshop, and he was arrested for dealing in merchandise he knew was stolen.
#53
Old 08-11-2013, 02:27 PM
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Quote:
Originally Posted by ruh-roh View Post
Rick's book is an enlightening read. Apparently the pawn business is highly regulated. A pawn is considered a form of loan and hence has privacy rules that keeps any part of it from being public. That is why you never see anybody pawning anything, just selling.
Except that that have showed pawn transactions. One guy pawned the cab part of an 18-wheeler for about $80K a few seasons ago. They routinely ask if the customer wants to pawn or sell an item, and several times, the answer is "pawn it". Then Rick or Corey will give a brief aside to the camera explaining the pawn deal.
#54
Old 08-12-2013, 12:34 AM
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Just the other night, they showed someone pawning a Picasso.

Last edited by Skywatcher; 08-12-2013 at 12:36 AM.
#55
Old 08-12-2013, 10:41 AM
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What Harrison's book says it that because of the privacy rules surrounding pawns and the desire for privacy from those pawning items, it's rarer to show pawn transactions on the show: the customer has to agree to having his face shown, after all. Some folks don't mind; many do.
#56
Old 08-12-2013, 12:21 PM
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How many people go in there to pawn their wedding rings anymore, now that the place is mainly a tourist trap / gift shop?
#57
Old 08-12-2013, 12:30 PM
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Quote:
Originally Posted by urban1a View Post
Mark Hall-Patterson is interesting. In Pawn Stars he is identified as the Director of the Clark County Museum System, but in American Restoration, he is always the head of some railroad museum (which, of course, could be run by Clark County). Strange, though that he is identified in two different ways.

Bob
Mark Hall-Patton

Quote:
Originally Posted by Oakminster View Post
the cab part of an 18-wheeler
The tractor. As in Tractor-Trailer.
#58
Old 08-12-2013, 01:19 PM
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Another tidbit from Harrison's book: the first time he shopped the idea of a reality show around, it was much darker -- sort of a Taxicab Confessions Meets Pawn kind of deal. The shop is open 24 hours per day -- the lobby is closed at night but they have a walk-up pawn window, and the first vision of a show was to tell the stories of the desperate people who use that service. Harrison's son "Hoss" relates working at the night window and having a woman ask if she could pawn dental gold, and when getting a "Yes," answer, borrowed a pair of pliers and returned a few minutes later with a bloody mouth and a tooth with a gold filling.

Kind of a far cry from the cheery atmosphere we see on "Pawn Stars."
#59
Old 08-12-2013, 01:24 PM
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People seem surprised that they know so many experts, etc., but I would think that if you are 27 years in the pawn business you have actually accumulated quite a Rolodex or folks you rely on for expert opinions. Now I don't know about the experts on the show, but it does't strike as particularly strange.
#60
Old 08-25-2013, 02:49 PM
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I'm curious about the whole business of them bringing in experts. I understand that the show probably pays them, but the impression they try to give is that they've got this "friend" who'll look at it almost as if this friend does it as a favor.

Surely these experts would want to be paid for consulting for a profit making business. Wouldn't their fee be taken into account in the haggling? I hear "I have to have it framed and restored" but I never hear "I have to pay for the evaluation".

If I was running the business I think I would tell the customer, pay for an expert evaluation and then we'll talk.
#61
Old 08-26-2013, 11:45 AM
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Perhaps the evaluation is free in exchange for the free advertising.
#62
Old 08-26-2013, 12:54 PM
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Their affiliations are shown in the subtitles along with their names, so they get free advertising for their own businesses. ISTR Mark Hall-Paton ("The Beard of Knowledge") has the producers donate the standard appearance fee (whatever that is) to the museum.

And, because somebody has to say it: "Write him up, Chum. Murder One."

Last edited by ElvisL1ves; 08-26-2013 at 12:55 PM.
#63
Old 08-26-2013, 03:55 PM
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Quote:
Originally Posted by nearwildheaven View Post
I understand he left her for a woman who used to be a man.
After the obligatory "not that there's anything wrong with that...where are you getting your information? A quick look around shows that he got married just a little while ago. It is the third marriage for both. She has three kids. No mention of anything else even on TMZ who you would expect to reveal any other details. The articles I saw all say she has not desire to be on TV.

Quote:
Originally Posted by ruh-roh View Post
Rick's book is an enlightening read. Apparently the pawn business is highly regulated. A pawn is considered a form of loan and hence has privacy rules that keeps any part of it from being public. That is why you never see anybody pawning anything, just selling. No laws against showing a sale.

Also, everything they take in has to be filed in some sort of central police database and if it turns out it is stolen, they are just out the money and the item goes to the law enforcement types. In the book, he talks about one time (when the show was fairly new) they aired a guy selling a Rolex that turns out was stolen. They were out the Rolex, but the guy was on video, and he new it at the time. Must have been before, or maybe partly why, they started using so many "set-up" items (along with the fact that makes it much easier to control the "excitement" of the items).
Quote:
Originally Posted by nearwildheaven View Post
My mother is a retired police department secretary, and one of the biggest surprises from that job was exactly this - that EVERYTHING coming into a pawnshop must be registered with the police.
This varies widely from state to state. In my state most of the pawn rules are local and not state statutes so it varies widely from town to town here.
#64
Old 08-27-2013, 02:11 AM
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Quote:
Originally Posted by ruh-roh View Post

Also, everything they take in has to be filed in some sort of central police database and if it turns out it is stolen, they are just out the money and the item goes to the law enforcement types. In the book, he talks about one time (when the show was fairly new) they aired a guy selling a Rolex that turns out was stolen. They were out the Rolex, but the guy was on video, and he new it at the time. Must have been before, or maybe partly why, they started using so many "set-up" items (along with the fact that makes it much easier to control the "excitement" of the items).
There was also an episode where they bought a coin that was stolen. However, they learned the original owner was paid for it by his insurance and they were allowed to keep the coin.
#65
Old 08-27-2013, 10:06 AM
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But after the insurance company pays the claim, don't they become the legal owners of the property if it ever turns up?
#66
Old 08-27-2013, 11:43 AM
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Its obvious that it is set up. After the first season it would have to be. But not everything is fake. The guy who tried to sell the prints of the USS Maine is still pissed off and thinks the expert doesn't know what he is talking about. If you want you can buy it from him on Ebay. If you don't believe the Pawn Stars expert. I think he dropped his price a little.
#67
Old 08-27-2013, 12:17 PM
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Quote:
Originally Posted by ElvisL1ves View Post
But after the insurance company pays the claim, don't they become the legal owners of the property if it ever turns up?
That's what I'd expect.
#68
Old 01-11-2014, 04:02 AM
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I was a extra for pawn stars..most of the high end stuff is owned by the experts..every guitar is owned by jesse of cow town guitars..i know this cause as a touring musician..he became a band friend
#69
Old 01-11-2014, 11:21 AM
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Quote:
Originally Posted by rik jones View Post
I was a extra for pawn stars..most of the high end stuff is owned by the experts..every guitar is owned by jesse of cow town guitars..i know this cause as a touring musician..he became a band friend
I don't get what you're saying ... are you saying that every guitar that appears on the show belongs to Cowtown, or what? That's not the case. For example, when Pete from A.J.'s Music went in to sell an odd Gretsch guitar, it was stock from his store, I'd seen the guitar hanging at A.J.'s for months.
#70
Old 01-16-2014, 10:08 AM
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I don't know if the likes of SNL has ever taken a stab at Pawn Stars, but it could lend itself to some pretty easy parody.

"This is the left leg off a table from a 16th century Zulu harvest ceremony."

"Okay. Is it alright if I call my friend who's an expert in 16th century Zulu harvest ceremony table left legs to come take a look at it?"



"How much did you want for this collection of Jem pogs?"
"I was thinking $400 million."
"18 cents."
"Deal."


"I already knew it was going to be a busy day in the shop. That's why I wasn't that happy when the Great Gazoo showed up and told me he'd give me an extra $200 if I'd jump over a shark on my motorcycle."

Last edited by johnspartan; 01-16-2014 at 10:11 AM.
#71
Old 01-16-2014, 11:33 AM
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Quote:
Originally Posted by johnspartan View Post
I don't know if the likes of SNL has ever taken a stab at Pawn Stars, but it could lend itself to some pretty easy parody.

"This is the left leg off a table from a 16th century Zulu harvest ceremony."

"Okay. Is it alright if I call my friend who's an expert in 16th century Zulu harvest ceremony table left legs to come take a look at it?"
Rick "What's it worth?"
Expert "At least a million dollars"
Rick "So what do you want for it?"
Customer "A million dollars".
Rick "I'll give you fifty bucks."
Customer "OK"
#72
Old 01-16-2014, 02:46 PM
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That's one of the thing I find unbelievable about the show. If an expert tells you that your item could fetch $X, and you know the pawn shop will give you 1/2 $x or less, why the hell are you trying to sell it at a pawn shop?
If I want to get top dollar for a rare item I own, a pawn shop is the last place I'd try to sell it.
#73
Old 01-16-2014, 03:00 PM
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Quote:
Originally Posted by Hampshire View Post
That's one of the thing I find unbelievable about the show. If an expert tells you that your item could fetch $X, and you know the pawn shop will give you 1/2 $x or less, why the hell are you trying to sell it at a pawn shop?
If I want to get top dollar for a rare item I own, a pawn shop is the last place I'd try to sell it.
Yes and no. Let's say you have an expensive rare item for which the expert tells you can get $X.

So what do you do now? The obvious thing is to try to find a buyer for it for $X for a private sale - just you and the buyer. Do you know how to find such a buyer? Probably not. A lot of stuff that is shown has a fairly small collector audience, and the higher the price the smaller the audience size. If you do know how to find such a buyer then yes, you should go ahead and do it without any middlemen.

If you can't find a buyer yourself, you will need a middleman. Like an auction house. But that immediately lowers the amount of $ you can get.

First, there is the auction fee (or "seller's fee"). That can easily be somewhere around 20%. That's the part of the price that, when the item is sold, the auction house takes before giving you the rest.

Second, there is often a "buyer's premium". That the percentage *over* the price that the buyer pays to the auction house for the privilege of buying the item. That can be 10%-20%. And don't be fooled by the "buyer's" part - yes, the buyer pays it but the buyers are not stupid, and that fee lowers the price at which they will buy your item by that amount.

And, third, there is the time value of money. $20K in your hand today quite often may be worth more to you than $25K two years from now. And for expensive items with small collector crowds it may easily take years to find the right buyer or to get into the right auction.

When all that is taken into account, the prices that people get at that pawn shop, compared to the expert's valuations, are usually very reasonable.

Last edited by Terr; 01-16-2014 at 03:01 PM.
#74
Old 02-18-2014, 01:11 PM
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Quote:
Originally Posted by Hampshire View Post
That's one of the thing I find unbelievable about the show. If an expert tells you that your item could fetch $X, and you know the pawn shop will give you 1/2 $x or less, why the hell are you trying to sell it at a pawn shop?
If I want to get top dollar for a rare item I own, a pawn shop is the last place I'd try to sell it.
In The Life and Crimes of Don King, (which as you might guess is a biography of the fight promoter), the book talks about how Don King would go in the hotel rooms of boxers under contract to another promoter to the tune of $5 million, and get them to sign over to him on ridiculous contracts by dropping a briefcase with $40,000 cash on the bed.

Because some people would rather have $40,000 cash right now than $5 million "on paper someday".

(I may be misremembering a bit on the numbers above, but that was the general
sentiment)

Not the brightest people in the world, mind you... but the brightest people in the world likely aren't in Las Vegas pawn shops either.
#75
Old 06-27-2014, 02:14 PM
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Quote:
Originally Posted by ZipperJJ View Post
In Rick's book he says that everyone (excepting the Old Man) went through their drug phases, but as far as I can tell they are all set now. Rick's got a new wife and a younger son with his middle wife (or wife after Hoss's mom). Corey is married to his high school sweetheart and AFAIK has a kid. Chumlee is looked after by the Harrisons and he probably spends all his A&E money on shoes and pizza. Plus he's obviously playing a bit more dumb than he really is.

Doesn't seem like any of them are going to go back to drugs because of fame. Seems like they enjoy being famous and having money.

I say the old man would go first, then Rick.
I'm hoping they would ALL be in the same car and go together. A producers, ratings are all we care about, dream show.

Last edited by AJ100; 06-27-2014 at 02:16 PM.
#76
Old 06-27-2014, 02:47 PM
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I read something recently that Chumlee's girlfriend had a brest enlargement. I am surprised that he could even get a girlfriend.

I know it is because that's what's expected, but I'm getting really tired of his whining.

Bob
#77
Old 06-27-2014, 03:54 PM
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I haven't seen the show for a while, but I do remember during the credits, I think opening, there's the senior son talking in front of a display of 3 guitars. One of the guitars is a Les Paul with a natural top. No sunburst, no flame, no quilting, just nicely grained finished maple. I really liked the looks of that guitar.
#78
Old 06-27-2014, 05:23 PM
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Quote:
Originally Posted by Terr View Post
Yes and no. Let's say you have an expensive rare item for which the expert tells you can get $X.

So what do you do now? The obvious thing is to try to find a buyer for it for $X for a private sale - just you and the buyer. Do you know how to find such a buyer? Probably not. A lot of stuff that is shown has a fairly small collector audience, and the higher the price the smaller the audience size. If you do know how to find such a buyer then yes, you should go ahead and do it without any middlemen.

If you can't find a buyer yourself, you will need a middleman. Like an auction house. But that immediately lowers the amount of $ you can get.

First, there is the auction fee (or "seller's fee"). That can easily be somewhere around 20%. That's the part of the price that, when the item is sold, the auction house takes before giving you the rest.

Second, there is often a "buyer's premium". That the percentage *over* the price that the buyer pays to the auction house for the privilege of buying the item. That can be 10%-20%. And don't be fooled by the "buyer's" part - yes, the buyer pays it but the buyers are not stupid, and that fee lowers the price at which they will buy your item by that amount.

And, third, there is the time value of money. $20K in your hand today quite often may be worth more to you than $25K two years from now. And for expensive items with small collector crowds it may easily take years to find the right buyer or to get into the right auction.

When all that is taken into account, the prices that people get at that pawn shop, compared to the expert's valuations, are usually very reasonable.
But most often, Rick is going to be selling an item like that at auction rather than sitting on it until he finds a buyer. So you are losing the auction fee either way PLUS you are losing on the profit that Rick needs to make on top of it. You are still better off going to an auction house yourself. Most of the people who are on the show are not looking for top dollar. They are looking to make it on the show for 5 mins.
#79
Old 07-01-2014, 09:40 AM
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Quote:
Originally Posted by ruh-roh View Post

Ever notice how most of the montage shots of customers milling around always include at least one cleavage shot?
New viewer just added!
#80
Old 08-04-2014, 12:12 PM
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Quote:
Originally Posted by urban1a View Post
Mark Hall-Patterson is interesting. In Pawn Stars he is identified as the Director of the Clark County Museum System, but in American Restoration, he is always the head of some railroad museum (which, of course, could be run by Clark County). Strange, though that he is identified in two different ways.

Bob
That is because they are two different people.
#81
Old 08-04-2014, 12:35 PM
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Quote:
Originally Posted by Loach View Post
Its obvious that it is set up. After the first season it would have to be. But not everything is fake. The guy who tried to sell the prints of the USS Maine is still pissed off and thinks the expert doesn't know what he is talking about. If you want you can buy it from him on Ebay. If you don't believe the Pawn Stars expert. I think he dropped his price a little.
Still there if you want it.
#82
Old 08-04-2014, 01:08 PM
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To clear up ( I think) something from earlier in the thread, Olivia Black has returned to her career as a nude and semi-nude model, not to porn. Or at least not to porn as we commonly think of it. No sexual acts, no one interacting with her in the photos.

Actually almost all of her pics are of her posing in suggestive positions/attire, but not actually showing her naughty bits.
#83
Old 08-08-2014, 01:04 PM
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Quote:
Originally Posted by Death of Rats View Post
But most often, Rick is going to be selling an item like that at auction rather than sitting on it until he finds a buyer. So you are losing the auction fee either way PLUS you are losing on the profit that Rick needs to make on top of it. You are still better off going to an auction house yourself. Most of the people who are on the show are not looking for top dollar. They are looking to make it on the show for 5 mins.
Pawn shops like this have been around forever before they were TV shows, so clearly there is another reason besides just wanting to be on TV for 5 mins. The real key is the time value of money, folks going to these guys are almost always looking for some money now, for whatever reason.
#84
Old 01-29-2016, 09:43 PM
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I agee

Just finished watching a new 2016 episode where Sean Rich would have been the go to expert for firearms evaluation. I read online that History channel wanted to lock him up in an exclusive contract that would offer little to no compensation. And he rightfully refused. I really enjoyed his enthusiasm and the way he interacted with everyone.
#85
Old 01-29-2016, 09:45 PM
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I agree

Just finished watching a new 2016 episode where Sean Rich would have been the go to expert for firearms evaluation. I read online that History channel wanted to lock him up in an exclusive contract that would offer little to no compensation. And he rightfully refused. I really enjoyed his enthusiasm and the way he interacted with everyone.
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