ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Pawn Stars guest brings in a rare item from out of this world — a literal meteorite worth a fortune

The seller had accurately estimated the rock's value but the buyer argued that he also had to sell it forward.
PUBLISHED OCT 19, 2024
Pawn Stars experts discussing about meteorite Cover image source: Pawn Stars | YouTube
Pawn Stars experts discussing about meteorite Cover image source: Pawn Stars | YouTube

From stolen items to rare historic artifacts, items that turn out to be a lot more valuable than previous estimates often make it to reality shows such as "Pawn Stars" and "Antiques Roadshow." However, in an episode of "Pawn Stars," something literally out of this world landed on host Rick Harrison's table, when a man named Christopher turned up with a meteorite that he found in a dried lake in Southern California. What appeared to be a worthless small rock at first, turned out to be worth an astonishing amount, forcing Harrison to make a deal.

The meteorite on RIck Harrison's counter | Screenshot from YouTube | @History/Pawn Stars
The meteorite on RIck Harrison's counter | Screenshot from YouTube | @History/Pawn Stars

Older Than Earth Itself?

After bringing the unique rock to the table, the owner shared that the meteorite discovered by him landed on Earth after traveling billions of miles through space. He said that the rock was made out of nickel and iron, and even had a 'fashion ring,' which marked its entry into Earth's atmosphere.

Christopher showing the fushion crust | Screenshot from YouTube | @History/Pawn Stars
Christopher showing the fushion crust | Screenshot from YouTube | @History/Pawn Stars

Asking for $4,700 for the item, the owner claimed that it had been on the planet for about three to four months. He said that the patina (pattern formed by extreme heat, pressure, and friction) was still intact and rusted, making it a relatively fresh find. While the rock did seem appealing, Harrison said that he didn't know much about it and couldn't even tell if it was a real meteorite.

To verify Christopher's claim, Bob, who is the owner of a meteorite-recovery lab, examined the rock and asked the owner where he found it. Christopher revealed that he came across the rock using a magnet. Pulling out a magnet of his own, Bob confirmed that the meteorite had a "strong attraction."

Meteorite expert Bob examining the rock | Screenshot from YouTube | @History/Pawn Stars
Meteorite expert Bob examining the rock | Screenshot from YouTube | @History/Pawn Stars

He then went on to look at it under a microscope and concluded that it was a real meteorite. "That rock is older than this planet. That thing was solid before this planet solidified," Bob said. The owner then confirmed that it was graded and cataloged and a part of the meteorite was with UCLA. UCLA has over 2,400 samples of space rock, "the largest collection of meteorites on the west coast", according to its website.



 

Bob then said that if it was an un-cataloged meteorite, it would have been worth merely $10. However, since the item was recognized, it was probably worth $4,000, which was close to what the owner had estimated. However, Harrison told Christopher that he had planned to sell it forward and make money off it, and since it only looked like a rock, he offered $1,800. But, after further negotiations, Harrison and Christopher sealed the deal for $2,100. 



 

But unlike Christopher, who valued his item accurately, another seller Gabby was way off the mark while estimating the price of a DJ Ashba guitar. Gabby was looking to sell the "Les Paul" guitar for about $5,000. To verify the claim, Harrison called Ashba himself who confirmed that it was indeed his guitar.



 

It was only after the musician's input, that the guitar's estimated value shot up to a whopping $20,000.

MORE ON MARKET REALIST
Taking advice from his dad in the audience, Robert chose to play it safe.
1 day ago
The reduction in utility bills will be temporary and residents will end up paying some of that back
1 day ago
The player, Chad Hedrick got the fans to the edge of their seats before scoring the win.
1 day ago
The layoffs are expected to hit the People Experience and Technology units of the retailer.
2 days ago
In the retailer's latest earnings call, CEO Ron Vachris praised the app based checkout system.
2 days ago
The bill aims to overhaul the governance of community associations to increase transparency.
2 days ago
The silicone strings attached to a Yetonamr toy have caused over 30 instances of choking. attached to the toy violate the safety standards and pose as a choking hazard.
2 days ago
The young man earned Harvey's respect with his mature but creative answer.
2 days ago
After the market saw its worst day since October, Trump seemed to soften his threats to the E.U.
3 days ago
The guest had previously bet that her 'His Master's Voice' gramophone wasn't authentic.
3 days ago
At the World Economic Forum, Trump made claims about the economy that the numbers fail to support.
3 days ago
The court is hearing arguments in a case challenging the president's authority to fire Cook.
4 days ago
The sweeping order directs the FTC and DOJ to limit purchase of homes by institutional investors.
4 days ago
Despite the pushback, Trump has made it clear that there is "no going back" on the issue.
4 days ago
Harvey knew the answer wouldn't be on the board as he had some first hand experience.
4 days ago
The guest, who knew about the artist's popularity, didn't expect to get a five-figure appraisal.
5 days ago
New tariffs will follow immediately if the court voids current ones.
5 days ago
Harvey was sure the answer was too weak as he knew women well enough.
5 days ago