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".

[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