To: ConservativeStatement
Nevada law says pawn stores must hold pawned items for 30 to 90 days in the event the original owner wants to buy them back. Coins are not subject to that particular law, though.
Then why did they decide to mention it in this article?
Also, I believe there is a difference between "pawn" (loan) and "sold". From this article, it appears she sold them. Even if coins were "subject to that particular law", her selling them would also give them the legal right to melt them down, from what I understand.
To: mmichaels1970
She took $12,000 and the guy says they were $50,000? Something seems fishy here. I’ve watched Rick buy and sell gold and silver and he always gives spot market value or collector value.
Also seen one where a guy sold some ancient coin that they paid $1500 for but turned up on the stolen list. They were prepared to turn it in and take the loss but the owner had already been compensated by insurance so they were able to keep the coin. It was brought in from a third party who bought from another seller.
56 posted on
03/14/2014 8:56:07 AM PDT by
shotgun
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