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Pawn Stars: Owner Shocks Rick with Two Rare Legal Tender Notes (Season 13) | History - YouTube
Channel: Pawn Stars
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hey how's it going I'm pretty good I
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have a couple of interesting notes I
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think you may be interested in I have a
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$50 legal tender note from 1880 and I
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have an 1890 legal tender Treasury note
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which is also known as an ornate or a
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fancy back
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okay these are cool and they're pretty
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damn rare this note is legal tender at
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its face value in payment for all debts
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public and private I'm a person you can
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even read that I pay extra money so you
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don't see the light on the bifocals the
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notes I'm selling are very high great
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they're very collectible the cool thing
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is the notes are really portable artwork
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you can take them and show them other
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people looking for $35,000 the least I'm
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willing to take for them is somewhere
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between 20 and 25 thousand dollars these
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things are great
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these were precursors to the Federal
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Reserve more or less who are our modern
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money these were not backed by anything
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they just printed them but what gave
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them value is is you could pay taxes
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with them and you didn't pay taxes they
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take everything you have and throw you
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in jail
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so where did you get these on the
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internet I was intrigued by a backs more
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than the Front's it's a green back yeah
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I just love everything about these the
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original term green back came from legal
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tender notes because they always printed
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them with greenbacks we used to make
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some really really pretty
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big gorgeous these bills are incredible
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these things rarely come on the market
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so I'd be shocked if one of them came in
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my shop
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much less two of them they're just cool
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how much were you looking to get out of
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them
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$35,000 okay 18,000 for the ornate back
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17,000 for the $50 note okay tell you
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the truth I have no idea that's a great
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price or God let me call on someone to
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look at them and we'll go from there
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that's fair okay I'll be right back okay
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I really feel good about an expert
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coming in because I've been out of the
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market for a while I think what really
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helped me make a more informed decision
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as to solving the notes ah this is why I
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call you in when I have this weird stuff
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great paper money these are a few very
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fantastic items I could tell right off
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the bat this was in 1890 20
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legal tender this series is far better
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and more valuable and rare than the 1891
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the government felt that it was easier
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to counterfeit a more ornate back which
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is bizarre
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so in 1891 didn't have the intricacies
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that this no clear that does a $50
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surprisingly even though it is a higher
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denomination note it is actually more
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common than the snow doesn't mean it's
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worth less or more it just means it's
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more common the collector basis for both
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notes are quite significant
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Rick what are your questions you have
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with this okay it's the same I have with
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all this old paper money I need to know
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what great it is and you know what's it
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worth okay
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it's an excellent question I'm gonna use
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my light because these look to be in
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fantastic condition actually it does
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have a corner fold if you can quite see
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it okay so you notice that but I'll put
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this in the class of about uncirculated
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so just $50 it's quite nice but it does
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look like something fuzzy was up here
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some ink or a pencil someone definitely
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got a little creative or tried to be so
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what are they worth okay the the twenty
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dollar Treasury note I would expect an
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option to bring between twelve and
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sixteen thousand and the eighteen eighty
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fifty dollar legal tender note I would
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expect to bring between ten and fifteen
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thousand but a conservative basis
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somewhere between 22 and 30 basically
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that's about right I think it sounds
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reasonable no I'm glad here that oh
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thanks thanks for could see some of the
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rarest of rare notes actually is a
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eighteen ninety thousand dollar Treasury
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Bank now that have sold upwards of
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nearly three and a half million dollars
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if Rick can negotiate a deal for both
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these notes I think it's an excellent
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buy it what's your best price on I'd
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like to get thirty thousand for the two
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of them
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they were 17 if they're absolutely
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beautiful and when they're this nice
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they sell quick I'll give you that I
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think you can get the 30 for it um 25
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I'll tell you what I'll pay with the
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bottom end of what Pete said 22 I think
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I'm I think I'll do all right fine deal
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sweet beat you right over there we'll do
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some paperwork press I'm taking the
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$22,000 because at the end of the day
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let's say number that I can deal with
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and I'm gonna look for another
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collection so right now it'll sit pretty
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in the bank account until that time
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comes
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you
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