HP 01 on Pawn Stars

[Bill (Smithville NJ)]

(04-01-2016 04:58 AM)vk6ti Wrote:  Had a friend call me yesterday, whilst watching this popular Pawn Star series he saw a working Stainless Steel HP 01 Watch brought into Gold and Silver Pawn Shop in Vegas to be sold.
The seller only got $100, be interesting to see what mark up is,
but hey, that's show business. :-)

Ray

It's interesting. Most of us wish we could have bought the watch for $100. If offered, how many of us would have said no and offered a higher price? Or would we giggle inside and run away with our new possession we got at a really "good" deal. Pawn Shops are probably not the best place to get the highest price, but the seller should have done a little research on the item before going to the pawn shop.

Not sure what the watch would go for on ebay, but from looking at some past auctions, it might be as high as $1,500, or maybe a little more. If I assume $1,500, then that is a markup of 15 times the original $100 price paid. When viewed this way, I know that I have purchased many items, including HP calculators, that were worth over 15 tines what I had paid for them. For example, $5 for a HP-15C. But I never argued with the seller that I should pay more for it.

Just some random thoughts on my part.

Bill
Smithville, NJ