She Had A Handful Of Gold And Only Asked For $20 

40% of 14k scrap price doesnt seem very fair to me but i guess that is her own fault for not doing a little research. i know some pawn shops would have just given her the 20. Me personaly i would have given her 90% of 14K scrap so around 700 for 20g of 14k gold

It's fake.

@@Seahawks42011 Absolutely. When you are dealing with a commodity like gold that has an easily accessible spot price, I don't think you should ask "did you have a number in mind?" You should simply weigh it out and then offer them a set percentage based on weight. The gold has an objective value that can be measured at any time. It's not like a PlayStation hat, the value of which is completely subjective.

lady got robbed on 20 grams lol.. well call it 15 grams minus the other crap in there but still its 60$ a gram

Even at 10 grams of actual gold weight she let go of it about $300 less than I would have.

LMAO

aha at least you're not estupido no mames

Woman moment

"She wanted me togive her the money." Surprise!...Not!

And then, because of that, YOU got nothing 😂👍

Usually is 18 karat sometimes 14 I’ve never seen 10 karat jewelry. So yes, he made out with over $1000

Big facts. 100%

I hear ya brother 😔

@@bigstyxyou can’t have seen much jewellery then because there is heaps of 10ct out there .

Agree

he came up still

What about the people at the yardsale? No comment on them? 🤡🤡

He knew he was being filmed though lol. Never know, he may just have given her $20 if that camera wasn't rolling...🤔

He did what was fair, as a businessman myself I know it's very, very important to be fair while at the same time still making a decent profit. It's not cool to financially rape your customers and no one should be applauded for being reasonable and fair, it's how all business owners SHOULD act.

Being fair is not ripping people off. Never ever sell PM to a pawn shop. They will burn you every time.

Fair, should have been minimum $500

@@David-rz7jj Yep, he still basically ripped her off 😢

Oh it's just like the lottery only being offered half of melt value and 1/5 of what it's actually worth .

Lottery or a theft

@@BI-11y_TheStormTrooper Just like all the new cell phones and new cars we buy. Costs them dimes on the dollar, to make. People are here to make money, they dont care about you or me. At the end of the day we die no one will remember us. Live for yourself, if being fair makes you feel better do it up.

It wasn’t what it was worth, maybe half or less.

37.63 per gram is what it was worth so 37.63 x 20.9 is the actual value of her gold

Welcome to your new addiction ----"RU-vid"

Yes just like he kept it so real offering a $1 a hat then charging $80 true sleeve ball running a pawnshop is the perfect place for this type of human being

He ripped her off and wasn't even the least bit shy about showing the video.

For a melt value of $600+? I think not!

@@charliechan6827 They have to double their money somehow. That's why I buy gold and silver from anyone before they go to a pawn shop. They will either pay you 1/10 what it's worth or half , I at least pay 80% of melt .

64 a gram at 20 grams do the math he ripped her off

You're kidding right? What would have stopped him if that is what he intended? He didn't have to show us the video. He could have fleeced the woman and made some other video about something else.

@@stevedietrich8936 I think he was implying that he milked the situation after realising the camera was rolling as apposed to had it not have been then. There was an obvious benefit to him giving her a reasonably fair price knowing it would make a great video and be good advertising etc.

dude u got bad friends, he himself told the value of the items, cud have hoodwinked easily if he wanted to

Heck you made that girls day regardless. Her not knowing and your offer ….I would say was fair. Good luck at the FUN show!

Fair? Theres 500 melt alone and that's 10kt melt value , that's hotel gold buyer rates

@@warmpancakes2844 She asked for 20 bucks. Not many pawn shop owners would have given her $300.

​@@warmpancakes2844 seems like he knows how to do business properly... light bills, water bills, heating bills, Rent or property taxes....it all adds up to having to make a profit to keep the doors open.

How do you know if $300 was fair? $20 was clearly ridiculous, but there's a lot of weight in there, 14 and 18K, so good gold content. But yes, professional jewelers will typically pay you 20 cents on the dollar for gold based on spot price. And your dentist will probably steal your gold fillings making you pay for replacing it unnecessarily. The world is full of crooks - and idiots, who can't be bothered to research the value of what they are selling and getting a fraction of the worth. But seriously: telling a customer that she can spend her Morgan dollars in stores?!? Not getting any business from me, for sure.

You get it. Think it was low. Lets say it is 14k what most jewerly is made of and its almost 21 gram gold. In that time the price of 14k gold is around 30$ That would be 600$ not 300$... Thats in count there is no higher carat... I mean spot price would be fair or little under spot@@WolleWip

​@@WolleWipThose were Eisenhower dollars, not Morgans. He would have bought them if they were Morgans. I think there's only a couple of Eisenhowers worth over a buck. Don't quote me, and don't think you're rich, but I recall that there was/is two different Bicentennial Eisenhower dollars. The difference is in the text around the top of the coin on the reverse. One is more blocky than the other one. My mind further gets cloudy on which version is worth more money. Just Google it if you care. All I know is that I have one of the valuable ones in a proof set that I want to send it in and get it graded and slabbed. There's also some Susan B. Anthony dollars that are worth a lot of money, but that's a whole nother story