Pawnshops aren’t coin stores they never pay spot. People can’t expect to get spot there. If they want spot go to a coin shop. You gotta make money too. I think you are very fair for a pawn shop. The ones around my area only pay 80% of spot. So you are a honest and fair shop. Great job keep it up. Have a wonderful weekend
exactly its not like that Gold Buffalo was in a black diamond holder at PR/MS70 but then he probably would want over spot and close to the real premium of a graded holder coins.
I would never sell a gold buffalo for less than spot, but I don’t need the money. It’s not very smart to sell precious metals to a pawn shop. I’m in it for the long haul anyway.
These businesses by law need to hold onto merchandise purchases for a minimum of 2 week up to a month (based on county laws). They need to have some sway to protect against the market. Stores are not "stackers" who buy and hold for the apocalypse, they run a business to make money
Exactly I watched this dude buy a bunch of American eagles for SPOT. I was laughing and felt so bad for the guy who sold because this dbag of a piss shop owner is being all friendly while he’s ripping him off.
Masters of yard sale finds,. I must hit all the ones where people are as poor as I am. LOL. Nice Gold coin and shoes. Great when you can pick up stuff for your kids, especially when they appreciate it. Hope you all have a blessed week.
I live in Texas. Vermillion Enterprise is very competitive on pricing. They put out videos almost daily of their pricing for buying and selling. His pricing on bars is usually unbeatable. Hard to beat 75 cents over spot.
They make it where you have to move millions of dollars a year to make any money it’s just not for me. I’ll pay what I can pay and if it’s not good enough they can ship it to them. I appreciate the comment and support watching my videos
@@PawnBrokerPickers I enjoy your channel. I hope you didn’t take my comment as something negative, as that was not intended. I absolutely understand that you as a pawn broker, and Vermillion Enterprises, are 2 different merchants who have similar, but different niches in the market. If I am not mistaken, don’t you as a pawn broker in Florida, have to hold items you buy for a set period of time before you can move it? I understand why you offer the pricing you do. Profit is good, and yes you are taking risk and should insulate yourself from market volatility. I enjoy your content. Always fun and interesting. Keep on rocking on. P.S. I hope you make a video about the FUN show in January. I really enjoyed your last video about it. Much ❤️ from Texas.
As a coin dealer I will tell you 1oz gold is a beyond tight market we sell Buffalos to make 40.00 before overhead. Also if we buy from wholesaler we can sell immediately but if we buy from the public we have to hold for 30 days before selling. In TN coin dealers fall under pawn shop laws. So larger gold is just not worth the trouble most of the time. So I totally support you buying back of spot.
@@tennesseecoinco oof. Have to Hold for 30 days? Yeah you have to buy back of spot 30 days the metals market can go up and down big. Makes sense. Hows the Kookaburra and Libertad market over there in Tenn.?? Those are my favorites!
What a find on the pair of Nike shoes for your kids. You have it really good. You have the option of selling or keeping the items you buy. Very clear explanation on the Gold Buffalo purchase. The big score was the book your Dad purchased. Like the your video format and time, just right. Keep them coming. Can’t wait to see the ASE’s on Friday. Thanks a lot.
I so look forward to seeing your videos!! Maybe it’s the hope of someone finding treasure or whatever but I think you are a good man that has good business sense. God bless you!
@@PawnBrokerPickersI don’t appreciate your content. How tf do u offer 90% either u offer spot or say I can’t help u out man. Actually a scum bag move. Delete my comment u prove my point u and I both know.
Quick question. I have a 14k Geneve Quartz watch , Stamped 14k , 585 stamp as well , italy stamp as well as 2 additional hallmarks , i acid tested, it came back as 14k ... i took out the guts etc , weight minus glass gass , id say 38g think I could get about 12 for the melt value if I went to my local pawn ?? I'm in Canada , and 14k spot right now for 38g is $1,442.28.
Love me some Gold Buffalos Fair deal Justin. Very fair. It could be 1800 tomorrow or it could be 2200 Who knows. Doesn't matter to me personally, I stack em and keep em. All of it. Kudos brother.
I totally agree with you on the return for the money spent on the gold. You know where you make money and thats for us to appreciate. Enjoyed the show as always
I understand that Small Pawn Shop needs to make money. But I would off prefer taking it to Coin Show or Coin Dealer, they would off gave Spot Money especially Buffalos very desireable Gold Coin!!!🏅🏅🏅
No Offense But I would never sell any PM to a pawn shop.... I just sold two Buff a little bit ago to a coin shop and got $45.00 over spot each coin. Buff are always in high demand and generally go from anywhere from 125.00 over spot and UP. PM is not a high margin Biz
Love it! Some great deals again this week. And yes, I agree, gold this close to highs is more likely to fall than rise much from here. The historical charts tell you all you need to know about that. It is a seller's market for sure. Great content. Cheers!
Love to watch your video's, especially when you are able to make great buys like you did. More importantly thank you for explaining to us your reasoning for what you buy/spend when you do. Don't listen to the hater's, there just jealous. Keep these amazing video's coming.
As always great job and another lesson learned..new ways to spot fakes is always welcomed..uade a good point about brick n mortar coin stores..soon they will b the same way as comic and music shops..few n far between..thanks again and great job Gentlemen!!
most pawn shops will sell the gold 2-300 over spot. Spot and no less. Predictions or worrying about price drop in buying have no place in the transaction. They won't change their price.
Pawnshops aren’t coin stores they never pay spot. People can’t expect to get spot there. If they want spot go to a coin shop. You gotta make money too. I think you are very fair for a pawn shop. The ones around my area only pay 80% of spot. So you are a honest and fair shop. Great job keep it up. Have a wonderful weekend
exactly its not like that Gold Buffalo was in a black diamond holder at PR/MS70 but then he probably would want over spot and close to the real premium of a graded holder coins.
Thanks for the comment
I agree with this. If you want best price when you sell gold/silver, go to coin/bullion dealer or coin show.
Bullion is tough to make a profit on.
Premium must [ RECIPROCATE ] .
10 months later $2500/oz "it wont make those big jumps up" LOL love you guys very fair pawn shop!
I would never sell a gold buffalo for less than spot, but I don’t need the money. It’s not very smart to sell precious metals to a pawn shop. I’m in it for the long haul anyway.
You should be able to 1-2% over spot at a coin dealer.
If you have the Gold Buffalo with the W mint mark, it would sell for much higher than spot..
The way the market has been lately almost off the dealers I know have been buying slightly under spot just to protect themselves from a dip
These businesses by law need to hold onto merchandise purchases for a minimum of 2 week up to a month (based on county laws). They need to have some sway to protect against the market. Stores are not "stackers" who buy and hold for the apocalypse, they run a business to make money
I agree. But what’s the sense of stacking if you are most likely not going to get spot?? To barter for goods and services??
I feel like pawn shops have better deals in general nowadays because they don’t buy junk and they try buying quality for a fair price. Great work
First off , hats off to you for giving 93% for the piece, talking with customer, and explaining your decisions. 💯
Hearing the conversation is very helpful to a newbie like me. Thanks for the video.
NEVER SELL YOUR COINS TO PAWN SHOPS OR ANYONE WHO DOESN'T PAY AT LEAST SPOT PRICE!!
Exactly I watched this dude buy a bunch of American eagles for SPOT. I was laughing and felt so bad for the guy who sold because this dbag of a piss shop owner is being all friendly while he’s ripping him off.
At $2050/oz nobody is paying spot. Nobody.
They aren’t UNICEF they are in the Business of making money not loosing money.
@@mainstreetsilverbackjm bullion always pays atleast spot always advertised buyback prices on website too
They’re gonna sell 5 to 10% above spot maybe more especially for a buffalo
YOU BOTH ARE GREAT DEAL MAKERS
Those buffalos aren't cheap, highly desired coins. Thanks for sharing! 🙂
At the time of watching this gold is $2364.64 / play at 8:55 .. lol - sometimes you just never know. Great Video!
😅 8:50 currently $2500.
@@candidcamel currently its 2,647.89
Thank you guys for being a liquidity provider, your community appreciates you more than they even know.
ripoffshop
Masters of yard sale finds,. I must hit all the ones where people are as poor as I am. LOL. Nice Gold coin and shoes. Great when you can pick up stuff for your kids, especially when they appreciate it. Hope you all have a blessed week.
I live in Texas. Vermillion Enterprise is very competitive on pricing. They put out videos almost daily of their pricing for buying and selling.
His pricing on bars is usually unbeatable. Hard to beat 75 cents over spot.
They make it where you have to move millions of dollars a year to make any money it’s just not for me. I’ll pay what I can pay and if it’s not good enough they can ship it to them. I appreciate the comment and support watching my videos
@@PawnBrokerPickers I enjoy your channel. I hope you didn’t take my comment as something negative, as that was not intended. I absolutely understand that you as a pawn broker, and Vermillion Enterprises, are 2 different merchants who have similar, but different niches in the market.
If I am not mistaken, don’t you as a pawn broker in Florida, have to hold items you buy for a set period of time before you can move it? I understand why you offer the pricing you do. Profit is good, and yes you are taking risk and should insulate yourself from market volatility.
I enjoy your content. Always fun and interesting. Keep on rocking on.
P.S. I hope you make a video about the FUN show in January. I really enjoyed your last video about it.
Much ❤️ from Texas.
As a coin dealer I will tell you 1oz gold is a beyond tight market we sell Buffalos to make 40.00 before overhead.
Also if we buy from wholesaler we can sell immediately but if we buy from the public we have to hold for 30 days before selling. In TN coin dealers fall under pawn shop laws. So larger gold is just not worth the trouble most of the time. So I totally support you buying back of spot.
@@tennesseecoinco oof. Have to
Hold for 30 days? Yeah you have to buy back of spot 30 days the metals market can go up and down big. Makes sense.
Hows the Kookaburra and Libertad market over there in Tenn.?? Those are my favorites!
Xbox 360 need for speed most wanted is a 40.00 plus game.
You guys really got me wanting to go to garage sales now.
What a find on the pair of Nike shoes for your kids. You have it really good. You have the option of selling or keeping the items you buy. Very clear explanation on the Gold Buffalo purchase. The big score was the book your Dad purchased. Like the your video format and time, just right. Keep them coming. Can’t wait to see the ASE’s on Friday. Thanks a lot.
Nice video, always learn something about being tiny and selling during each year one, very knowledgeable, thank you.
Not “tiny” should say, buying and selling, Big fingered this one, sorry.
Finally! You talked about your medallion! Very cool story! Thank you! God bless!
I really enjoy watching you find these bargains at yard sales. Maybe I will look around this year's community yard sale. Thank you
Keep doing y'all thing. Y'all the first pawn shop that pays good money for people stuff.
Thank you for sharing this great educational experience. 👍
Thank you for sharing your videos! I am learning what to buy and how much to pay.
Great deals all around! Always enjoy watching your content and the mix of transactions at yard sales and at the shop.
Justin, Thanks for these weekly videos. Always enjoy the content you share with all of us. Donnie- W.V.
Awesome find on that Aventuras book! Thanks for sharing. Have a great week!
You guys are my favorite Pawn shop channel.
Thanks for being so honest hey cool son
I so look forward to seeing your videos!! Maybe it’s the hope of someone finding treasure or whatever but I think you are a good man that has good business sense. God bless you!
Thank you I appreciate your comment
@@PawnBrokerPickersI don’t appreciate your content. How tf do u offer 90% either u offer spot or say I can’t help u out man. Actually a scum bag move. Delete my comment u prove my point u and I both know.
That gold guy likes to talk, but you guys know how to make it work. Love you show.
I like watching the channel and the deals and yard sales.
Great video. Thanks for sharing👍
Quick question. I have a 14k Geneve Quartz watch , Stamped 14k , 585 stamp as well , italy stamp as well as 2 additional hallmarks , i acid tested, it came back as 14k ... i took out the guts etc , weight minus glass gass , id say 38g
think I could get about 12 for the melt value if I went to my local pawn ?? I'm in Canada , and 14k spot right now for 38g is $1,442.28.
Never sell for less than spot people
Another great video! I learned something new in checking for the Nike soft spot on the bottom of the shoe.
i look at ur channel as a source of education information thank you keep doing it Bro !
Love me some Gold Buffalos
Fair deal Justin. Very fair. It could be 1800 tomorrow or it could be 2200
Who knows.
Doesn't matter to me personally, I stack em and keep em. All of it.
Kudos brother.
Good tips , Thank you!Chicago ✌️
I work at night,so I watch at lunch,and sometimes I choke at the bargains you get.great voids.
i watch all your shows. love the choices you make at the yard sales. keep it up !
Nice Gold Buffalo 👍
I enjoy watching you and your father videos
Trying to learn the lingo, is another teachable moment!!!!
You went to the book bin and there it was. Nice find!
I totally agree with you on the return for the money spent on the gold. You know where you make money and thats for us to appreciate. Enjoyed the show as always
Awesome Video ❤ tc HoppyBob 🤠
Great show. very cool business. Good tips
I love you videos keep up the good work, and you're a pawn shop. Instead of a coin shop, people need to realize that you're there to make money.😅
Good buy on the games learnedca little about the shoes too. Thanks
I wouldn't pay spot if I was you. Great decision!
Nice shoes. Thanks again for all videos
❤love the teaching part, looking forward to learn more
Enjoy your shows. I always learn something.
I'm hooked. Thanks for entertaining me.
You do a great job on the Internet with your business
another teachable moment!!!!
I really enjoy watching your videos, since you show me what's real in the pricing of things. Have a bless evening. ❤🙏
Thank you for always sharing great videos
I understand that Small Pawn Shop needs to make money. But I would off prefer taking it to Coin Show or Coin Dealer, they would off gave Spot Money especially Buffalos very desireable Gold Coin!!!🏅🏅🏅
Awesome Gold Buffallo, great find on the Nikes, great content like always.
Love the content as always, enjoyed seeing the gold coin.
Good explanation for the gold purchase 👍
Always enjoy the videos, Thanks.
Nice Jordans! I have my daughters Black and red Flu Jordans when she was 2 years old 97'!
I always think y'all are fair with your customers, cool shop wish you guys were closer
Thank you and wish you could swing by too
Nice pickup on the shoes. Enjoy watching these videos.
That first customer seemed like a good fella
He really was
Yes and has a understanding of the market thank God
Great show. Can't beat gold.
Retail friendly quality. I agree with pawn on this.
Awesome video really appreciate you guys Thanks
No Offense But I would never sell any PM to a pawn shop.... I just sold two Buff a little bit ago to a coin shop and got $45.00 over spot each coin. Buff are always in high demand and generally go from anywhere from 125.00 over spot and UP. PM is not a high margin Biz
Love it! Some great deals again this week. And yes, I agree, gold this close to highs is more likely to fall than rise much from here. The historical charts tell you all you need to know about that. It is a seller's market for sure. Great content. Cheers!
Look at a inflation adjusted price chart then we can talk. *hint its not even close to highs
Goodlooking out for kids yo. Like that concept of this video truly great find for you family.
Great video. That is Totally understandable on the price of the Buffalo. As quick as spot can fluctuate I would be cautious as well buying and selling
Justin another good one 👍🏻 love the yard sales
Thank you Justin for sharing another great video keep up the great work 👍🇺🇸
Thanks for the video!! Keep up the good work!!
Great deal on the book and games !!!
I like your videos , your store will be legendary
Good deal on the shoes. You paid a fair price on the gold coin.
I agree I am not paying 2k to make $100 there is no business that will do that. Great call Justin
Awesome buys and great interactions!
Great video, awesome shoes, thanks much.
Thanks for sharing cause I am learning from you
Great video love watching yall finding good stuff ....
Love to watch your video's, especially when you are able to make great buys like you did. More importantly thank you for explaining to us your reasoning for what you buy/spend when you do. Don't listen to the hater's, there just jealous. Keep these amazing video's coming.
Thanks for the comment
Great return on the book!
ps thanks for the chuckle at the end....i love your humor....
Gold and Silver you can never go wrong buying as long as the price is Right ,Gods Money !!!
As always great job and another lesson learned..new ways to spot fakes is always welcomed..uade a good point about brick n mortar coin stores..soon they will b the same way as comic and music shops..few n far between..thanks again and great job Gentlemen!!
Nice pickup on the gold coin
Good deal on the games. There is a few good ones in the lot.
And yes those shoes are super clean.
Good buy...nice video...👍
Love the garage sale Picking keep the videos rolling in
Another great video. Good score on the Nike’s
Great video guys I can’t wait to see that monster box video.
Good grab on the gold Buffalo. Awesome video
El Cazador shipwreck piece and story cool! I 💜 Spanish Colonial artifacts 🥂
most pawn shops will sell the gold 2-300 over spot. Spot and no less. Predictions or worrying about price drop in buying have no place in the transaction. They won't change their price.
Good finds as usual
Another great video! Keep it up!
Loved the variety!!