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

Uncovering the ‘Holy Grail’ Coin's Journey to a $80,000 Triumph

Rick Harrison, the famous businessman from Pawn Stars was shocked when he saw the valuable coin.
PUBLISHED JAN 28, 2024
Cover Image Source: |Pexels | Photo by Lay Low
Cover Image Source: |Pexels | Photo by Lay Low

Winning coins of high value is like going on an enthralling journey where regular old coins turn into special treasures. These coins all of a sudden become more than just money; they become ancient, aesthetic, and valuable. Some people have the hobby of exploring, finding, and collecting these special coins and diving deep into the fascinating stories behind them. Winning or having possession of an ancient coin is like getting the opportunity to touch the past and feel how the times were back then. Let's dig deep into such a story where a man mistakes an old coin for a regular one and gets fascinated when he knows its value.  

A man holding and adoring an old coin|Pexels|Photo by Erik Mclean
A man holding and adoring an old coin|Pexels|Photo by Erik Mclean

The story goes like this when a person walked into the Gold & Silver Pawn Shop in Las Vegas, Nevada, with an old coin that he won in poker in a special plastic case. The coin case couldn't be opened easily and showed that experts from the Numismatic Guaranty Company, NGC, had checked and approved it.

Rick Harrison, the famous businessman from Pawn Stars, was shocked and at the same time enthralled when he saw the valuable coin. As soon as he saw he called it "one of the holy grails of American coins". Proof coins are some of the first copies made whenever any design comes and preserved for keeping a record.

This special coin was a high-quality proof called a Peace Dollar and only a few copies of this precious coin were ever found, making them prized possessions for collectors and Rick Harrison was one of them. He was so stunned that he asked his friend Dave an NGC grader, to be sure before paying and buying the coin. His friend assured him that the coin was real and he provided the coin's estimated value to be somewhere between $50,000 and $100,000. This whole story was known to Rick whereas the man who came in with the coin was unaware and wanted $20,000 out of it. But after a few negotiations, Harrison bought the coin for $80,000.

Pexels|Photo by Kindel Media
Unexpected wins are the best|Pexels|Photo by Kindel Media

Old coins were not of that much craze in ancient times but people today are getting interested in having a huge collection of coins from different centuries. Pawn shops and numismatists (coin experts) knew deep down that some coins are extremely valuable. People are also aware that the ancient coins and the coins they use in everyday life can be of huge worth. Some pretty rare coins used even before World War times are found with some people and they have preserved them as souvenirs from their ancestors.

There are many instances in which people find valuable coins in unusual places. In one instance, a worker at a store found a special penny in the cash register, and when he got to know it had cost more than $4,000.  Pennies could be rare without having symbolic pictures which people mistake and feel is of no use but they could be worth a fortune sometimes.

Why are people so crazy for collecting ancient coins|Pexels|Photo by Pixabay
Why are people so crazy for collecting ancient coins|Pexels|Photo by Pixabay

There's a really old American coin that's 300 years old and was sold for over $13,000 just because it had a pretty weird design and people found it fascinating. Collectors and hobbyists are starting to learn the importance of coins and history from experts, and some of the ancient items are selling for really high prices.

MORE ON MARKET REALIST
The firm that provides the tech has been associated with Walmart for 25 years now.
46 minutes ago
The streamer was exposed by another user who was later blocked by him for asking questions.
2 hours ago
Apart from Jenner, other celebrities such as the Hadid sisters got a 10 on 10 while Beyonce got 10000000/10.
14 hours ago
The man also pushed his price up after learning about the true value and got down to negotiating.
22 hours ago
Previously, Costco has been forced to recall meat products because of the threat posed by listeria.
23 hours ago
The man was commenting on an article about the same and expressed shock at the practice.
1 day ago
The founders were praised for their confidence but the investors decided to back out.
1 day ago
Several people supported the store's policy that is aimed at reducing plastic pollution.
1 day ago
The customer first wrote a set of numbers on a paper, and the waitress thought it was her credit card number.
1 day ago
The varnish of the grill was charred and the dials had also been removed.
2 days ago
The couple even had to cancel their trip because of the delay in receiving a refund.
2 days ago
The restaurant had to shut down in just two weeks after the promotional offer was introduced.
3 days ago
The two stores where the women bought tickets are just a seven-minute walk apart.
3 days ago
The coin carries a rare anomaly which makes it even more valuable for collectors.
4 days ago
Some users did praise the woman for her ethical conduct and said that she would be rewarded one way or the other.
5 days ago
The tiny bag comes along with a microscope that has a digital display for the buyer to see their purchase.
5 days ago
The popular restaurant chain replaced the reward in chicken with a cash prize later on.
6 days ago
Several other consumers also admitted that the said changes were driving them away from Amazon.
6 days ago
The man's son even moved the money to a safe account to stop him from sending more funds to the scammer.
7 days ago
While the good Samaritan could only see the cash, a piece of paper turned out to be more valuable
7 days ago