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Murray Sawchuck, Rick Harrison and Corey Harrison.
Tuesday, Feb. 5, 2013 | 5:45 p.m.
Pawn Stars
“Pawn Stars” hero Rick Harrison was thrilled with his purchase of a rare $1,000 bill from 1918, but his father, Richard “Old Man” Harrison, didn’t want it resold. A customer who had been given it by his grandmother brought it into Gold & Silver Pawnshop, and according to The History Channel’s top-rated show, the C note was one of 150 printed.
Rick’s offer of $2,500 was accepted, and he sent it to The Federal Reserve for evaluation and grading. Government moneymen recorded it as “25/very fine,” and Rick estimated its worth at $7,000 or more. Unusual that money is often worth more than its face value!
Said Rick: “Very few people walked around with these, so there’s not many in circulation. Old high-dollar bills can go for tens of thousands of dollars. It’s a true collector’s item.”
Trouble is, he won’t be reselling it for a while as his father agreed with his observation -- and decided to keep it for himself. Incidentally, on next Monday’s new episode of “Pawn Stars,” Tropicana headliner magician Murray Sawchuck appears as a magic expert checking out a unique pair of handcuffs.
Robin Leach has been a journalist for more than 50 years and has spent the past decade giving readers the inside scoop on Las Vegas, the world’s premier platinum playground.
Follow Robin Leach on Twitter at Twitter.com/Robin_Leach.
Follow Vegas DeLuxe on Twitter at Twitter.com/vegasdeluxe.
Follow VDLX Editor Don Chareunsy on Twitter at Twitter.com/VDLXEditorDon.
Ten cents on the dollar. A bunch of bloodsuckers, people are desperate and they are making money on other peoples misery.
Fake show and nasty place. Many people are shocked at what a dirty horrid place this is when they see it for real!
It's a pawn shop. If they cleaned it up it would lose its appeal.
These guys are making money hand over fist yet the Old Man has more missing teeth than a destitute hobo.
The Federal Reserve does not grade paper money. They don't even print money. They set monetary policy.
They likely sent the bill to PMG for grading and certification.
They maintain a basement dungeon were people are pawned.
Mred, patrons bring in items to be 'pawned' but they get 'rooked' in the end.
Your move.
"...making money on someone else's misery"
Oh, I'm sure the majority of those walking into pawn or sell wares are fine, upstanding citizens who have fallen on hard times. Please. Take a look around...the drug addled and gambling addict folk that live paycheck to paycheck have sewn their own.
Further, those without knowledge in personal finance, understanding of fiscal self-control, or having the foresight to plan ahead will garner no sympathy of mine!
No one is forcing these people to sell these items at low-ball prices, either. Yeesh!
"Ten cents on the dollar. A bunch of bloodsuckers, people are desperate and they are making money on other peoples misery."
They paid $2500 for something theoretically worth $7000 so that is much better than ten cents on the dollar. And that $7000 is only realized with an ideal sale. I wouldn't say this transaction was unfair.
Robin, hello, Robin. A C note is a one hundred dollar bill as in Roman numeral C for one hundred, not a one thousand dollar bill. If there were such a designation, a one thousand dollar bill would be called a M note.