Pawn Stars Deals that made a FORTUNE

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Chumley purchases a Space Lander bike for $8,700, gets a $1,000 bonus, and plans to buy gold grills despite advice to invest in his teeth. He also buys a candy machine for $100, restored for $4,500, and advised to sell candy from it for profit rather than personal use.

Insights

  • Restoration and expert evaluation significantly impact the final selling price of items, as seen with the pistol and World War One helmet, emphasizing the importance of investing in restoration for higher returns.
  • Rick's strategic advice to Chumley highlights the significance of making informed decisions regarding investments, urging him to consider profit potential over personal indulgences like gold grills, showcasing a prudent approach to financial choices.

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Recent questions

  • What was the final selling price of the pistol after restoration?

    $150

  • How much was the World War One steel helmet valued at after assessment?

    $4,000

  • What was the initial asking price for the Space Lander bike?

    $20,000

  • How much did Chumley pay for the candy machine after negotiations?

    $100

  • What advice did Rick give Chumley regarding the candy machine?

    Sell the candy for profit

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Summary

00:00

Restoration and Deals at Rick's Shop

  • Exterior of Chum bar required metal pounding, stainless steel pieces straightened and polished with Hammer tone paint.
  • Original plate on the bar read "Fresh Candy," handles polished and painted red.
  • Pawn Stars deal for a bar item started at $600, but due to needed restoration, final price settled at $200.
  • Hector brought a 1700s flintlock pistol to Rick's Shop for restoration, priced at $500.
  • Pistol had a bad paint job and a non-firing lock, expert Alex estimated restoration value at $3,000.
  • After restoration, pistol sold for $150, firing perfectly on the first shot.
  • World War One steel helmet purchased for $500, valued at $4,000 after assessment by expert Alex.
  • Prince's tambourine from the Purple Rain tour offered for $50,000, expert valued it at $10,000.
  • Space Lander bike, a rare 1960 model, was sold for $8,700 after negotiation from an initial $20,000 asking price.
  • Chumley's purchase of the Space Lander bike was initially met with skepticism but deemed a good deal by Rick and the team.

13:31

Chumley's Bonus Buys Candy Machine Transformation

  • Rick gives Chumley a $1,000 bonus for buying a Spacelander bike for less than $9,000, which can go up to $20,000.
  • Chumley, after working for 10 years without a bonus, plans to buy gold grills for his teeth despite advice to invest the money.
  • Chumley inspects a 1940s Stoner candy machine brought in by Randy, who wants to get rid of it after 20 years in his garage.
  • Rick Dale is called to assess the candy machine, missing parts, and values it at $300 due to lacking mechanisms.
  • After negotiations, Chumley buys the candy machine for $100 from Randy, who initially wanted $250-$300.
  • Dale restores the candy machine to perfect condition for $4,500, impressing Rick with the transformation.
  • Rick advises Chumley to sell the candy from the machine for profit rather than keeping it for personal use.
  • Chumley negotiates the purchase of a rare 80s toy, Oozit, for $300, which Fernando bought for $7 and aims to sell for $500.
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