Threaded Mode | Linear Mode

vk6ti · 04-01-2016, 04:58 AM

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

Dave Frederickson · 04-01-2016, 03:41 PM

Here's the video:

Han · 04-01-2016, 04:10 PM

Even if the owner low-balled all the other listings on "that auction site", he could still probably still get more than $100 for that watch.

Geoff Quickfall · 04-01-2016, 05:16 PM

I flew down on a special for 255$ return. Paid 200 for the watch. Won 2540$ at the slots machines. Bought a ring for the wife. All in one day.

Geeze, doesn't anyone do the research, especially the geek that owns it. And so many incorrect statements from Cory.

Reminds me of the storage wars HP01 that Daryl found. At least he took it to Guy Ball!

Geoff

Han · (This post was last modified: 04-01-2016 08:07 PM by Han.)

(04-01-2016 05:16 PM)Geoff Quickfall Wrote: I flew down on a special for 255$ return. Paid 200 for the watch. Won 2540$ at the slots machines. Bought a ring for the wife. All in one day.

Geeze, doesn't anyone do the research, especially the geek that owns it. And so many incorrect statements from Cory.

Reminds me of the storage wars HP01 that Daryl found. At least he took it to Guy Ball!

Geoff

Wait, so you bought the very watch that was on the show?! Awesome! As for slots winnings... meh, I find the watch more exciting -- but I'm a bit biased :-) Congrats on both, tho.

EDIT: Damn it! Forgot to check the date!

Geoff Quickfall · 04-01-2016, 09:45 PM

d8-D

Geoff

vk6ti · 04-01-2016, 11:57 PM

Wow Geoff,
Don't you love it when a plan comes together.
I'm going to Vegas in July, can you let me know what slot machine you were using?
Ray

Dave Frederickson · 04-02-2016, 01:05 AM

(04-01-2016 08:02 PM)Han Wrote: Damn it! Forgot to check the date!

What made you suspicious? Was it winning $2540 at the slot machines or Geoff buying a ring for his wife? Smile

Eddie W. Shore · 04-03-2016, 04:32 PM

Wow - I thought the watch would have commanded a higher price too, given the HP-01 is rare.

isanchez · 04-06-2016, 02:27 PM

This guy is stupid...

Bill (Smithville NJ) · 04-06-2016, 03:08 PM

(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

Bill (Smithville NJ) · 04-06-2016, 03:12 PM

(04-06-2016 02:27 PM)isanchez Wrote: This guy is stupid...

I'm assuming you are referring to the seller.

I wouldn't call him stupid, but I would say he didn't do his research.

I have to admit I have fallen into that trap myself - have sold many items where I didn't do my research. I have also bought many items where I paid way too much - again because I didn't do my research. But I hope no one called me stupid.

Bill
Smithville, NJ

vk6ti · 04-06-2016, 11:54 PM

The guy initially said he was looking at $1000, so I am suspicious he looked on the web to get some idea, even bothering to put batteries in it.
I admit I have also done similar, and the opposite. The first HP 01 watch I bought was 20 years ago and paid $75, I thought that was expensive at the time.
I say good luck to everyone in the selling chain, and happy Geoff ended up with it.

Ray

Dave Frederickson · 04-07-2016, 12:11 AM

(04-06-2016 11:54 PM)vk6ti Wrote: ... and happy Geoff ended up with it.

Don't believe everything you hear, or read, on April Fools' Day.

Geoff Quickfall · (This post was last modified: 04-07-2016 01:33 AM by Geoff Quickfall.)

Posted on Aprils fools day, that and the LED 15C!

:-)

vk6ti · 04-07-2016, 05:52 AM

Hey Geoff,
is it like this 15C ?

I have to learn to deduct 12hrs from post dates :-)

Ray

Geoff Quickfall · 04-07-2016, 06:14 AM

That's right, we are behind you!

Yes that's the one!

Geoff

Free in June or July, send me a date and I will see what I can do.

vk6ti · 04-07-2016, 06:24 AM

Geoff,
I miss Sydney in June,
BUT
I will be in Las Vegas in on the 4th July for 4 days,
bloody hell !!
I'm going to that pawn star shop and get that watch. :-)

Ray

BobVA · 04-13-2016, 12:20 AM

(04-07-2016 06:24 AM)vk6ti Wrote: ....I'm going to that pawn star shop and get that watch. :-)

Just took a look there today - I was going to put a deposit down for you, but sadly it's not in the display case :-)

They did have a Curta I, though!

Dave Frederickson · 04-13-2016, 02:19 AM

(04-13-2016 12:20 AM)BobVA Wrote: ... sadly it's not in the display case :-)

Considering the sale occurred over a year ago, does that surprise you? Hopefully the Pawn Stars got smart and sold it on their eBay store.