Pawn Stars: 1715 escudo

[inletsurf]

Did anyone see the new episode "Pawn Stars" last night? They received a gold escudo that turned out to be a 1715 escudo that appraised for $18,000. The kid only wanted $2000 coming into the store, and thinking it may be a counterfeit, Rick called the appraiser who blew that out of the water. I think they settled on $10,500, so the kid was able to buy 5 times the amount of crack he had intended.

I couldn't help but think what wreck it may have come from. There was something on the tag that said "Cannons".

 

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[capt dom]

A little bit of Media Hype!!!!

That specialist is Carl Fizsmer. Carl
definitely knows his way around the treasure business
and has been a "hands on" underwater treasure hunter
longer than many who read these posts are old!

The $18,000.00 is high auction retail.
Thats about 15 times bullion value.....

I shouldn't talk however a 1659 Lima Star
or a dated colombian 8 pillar & waves, 8 reale,
with $18.00 worth of silver can bring better than
$10,000.00 to $25,000.00 and up!

I'm glad sunken "spanish treasure" is getting some positive exposure...

 

[bootybay]

I'd have to be really hurting for moola to sell that beauty.. man that was one super nice gold coin.

 

[makton]

I believe a lot of the stuff you see on that show is set up. My bro in law knows the guy that brought in silver spoons that I think where from Ben Franklin and he said that guy never owned anything like that. I would say a lot of it maybe true but some of it is definately set up. Makton

 

[Reef Dawg]

Good call Capt. Dom.

Also, I saw an earlier episode when they called Carl in to validate the authenticity of a ship's bell.

You know, for a reality show, I really like Pawn Stars. Rick, the Old Man, Big Hoss and of course the every funny Chumlee.

Okay, I'll admit it, I'm a little hooked on the show.

Now, if only our local Pawn Shops would give up those types of purchase prices. LOL

 

[jeff of pa]

I missed it.
I Unfortunately stopped watching Pawn Stars.

Who Bought it Rick ?

Looks like he got a good Price at $10,500.
that's better then Half it's appraised value

I would have expected after hearing $18,000
The old man would have offered $200
& Rick would have Countered with $2000

 

[Salvor6]

That was a really nice 1715 Eight Reale escudo with clear markings. The certificate shown in the background signed by Mel Fisher and Duncan Mathewson gave it the provinence to sell for $11,000. He can get more at auction but the seller had to buy crack NOW! The pawn shop owner bought it. He made a good deal.

 

[itmaiden]

Boy, isn't that the truth !

itmaiden

Now, if only our local Pawn Shops would give up those types of purchase prices. LOL

 

[seekerGH]

This episode just replayed. Guess the kid did not have an internet connection, as that would have been easy to get an idea, but at the time, that $2K was about spot.

Also, if I had a gold coin, I would go to a coin shop, not a pawn shop.

 

[eddiecurrent]

A little bit of Media Hype!!!!

That specialist is Carl Fizsmer. Carl
definitely knows his way around the treasure business
and has been a "hands on" underwater treasure hunter
longer than many who read these posts are old!

The $18,000.00 is high auction retail.
Thats about 15 times bullion value.....

I shouldn't talk however a 1659 Lima Star
or a dated colombian 8 pillar & waves, 8 reale,
with $18.00 worth of silver can bring better than
$10,000.00 to $25,000.00 and up!

I'm glad sunken "spanish treasure" is getting some positive exposure...

20 yrs on the treasure coast, hitting the 1715 fleet boneyards from vero to sebastian on the beaches during and between hurricanes and I still haven't found coin one. But i'll keep trying. Are you the capt. Dom that came to the meeting of the treasure coast MD club in stuart yrs back with a 50lb bar of silver? Now THERE's a MD find.

 

[Dr. Syn]

Missed the episode, hardly watch the boob tube anymore. Did they say how the kid came about owning it?
Seems a little off for a kid to have purchased something like that.

 

[seekerGH]

He really wasnt a kid, but in early 20's. Said it was his grandfathers.
Another show just aired, this time a shipwreck gold bar, est value was $48K, saw the end of it so dont know the circumstances. I think they gave him $35K for it. I keep wondering why people go to a pawn shop with this kind of stuff.