I would have to disagree he was ripped off, he wanted $250,000, he didn't have to take $90,00 but was happy to do so, he could have walked out and auctioned it himself, but still walked out with a wad of cash.
You only get ripped off when you have no choice to pay ie: gas/elec/phone/petrol comps etc ripping you off, walking into a shop and selling your property is never going to be a rip off as you have the choice to say no to the offer.
I wish I had a signature.
"Capitalisation is the difference between helping your Uncle Jack off a horse and helping your uncle jack off a horse"
I would have to disagree he was ripped off, he wanted $250,000, he didn't have to take $90,000 but was happy to do so, he could have walked out and auctioned it himself, but still walked out with a wad of cash.
In general I would probably agree with you. However, I had the impression that there was a degree of urgency about this transaction. We don’t know the background but we do know the provenance of the guitar and paperwork was genuine. Could it be that he was selling these items as part of his Aunt’s estate? Seems unlikely as Mary died in 1977. So, it’s reasonable to assume he may have been given the guitar, etc. and, at the time of the video and for whatever reason, he had decided to sell or perhaps he was selling on behalf of another who needed to raise cash quickly. There would have been no harm in testing the market first by taking it to auction. He could have protected his investment by putting a reserve on the selling price.
In the end it’s all idle speculation. Also, it’s standard practice to start high while negotiating a price. Perhaps he pushed too far initially and the Pawnbroker sensed a chance to make a good profit.
Most of this show is semi fake. All of the guest on cam are pre-produced and the items are checked beforehand. All of a sudden Rick spoons up all kind of Wikipedia knowledge, even on typical European items. Sometimes you can see on the face of the seller/collector who had this item for decades in his/her collection,their biting on their tongue, not to lash out... I've a friend who's brother( a actor) was in the show bringing in a guitar of a relative... all BS the guitar was a item from the same store which "expert" was asked to assist and was a wall hanger for years. The guitar was brought in by the expert himself a half hour before the recording. The 3 guys in black are only present in the store when the camera's are there. They are always playing something is just a few dollars to expensive even if thy want the item desperately for themself. Chumly has more then 5 million on the bank, Big Hoss 12 million and Rick nearly 30 million on his private account..the "old man" had also more then 20 million in a old sock... Same for the Counting Cars, The Count always has a painful grim for a few hundred of dollars....the guy has around 10 million in his metres...
The sample I gave,was not aimed at this guitar and all it provenance. Although I can't imagine, the 3 humbuckers lost their covers, while the guitar still was in Mary's possession. The show is fake for the most part, reed the comments of people that have visit this "store".... A other moment in one of the shows was when Vic Flick walks in with his strat, Rick sums up the merits of the guitar with his knowledge... Yes all original pointing out the pickups... while the bridge pu was a double rail instead of the six pole pu's as the middle and neck... A few minutes later the guitar was talked down off cores to lower the price... and one the phrase was again this guitar is difficult to sell, we don't know how long it will be in our store.... etc. It was easily to see Vic was disappointed, but couldn't react because that isn't allowed, in case somebody will tell the boys in black are talking BS it will be cut out...
The programme is TV--made for 'entertainment'! Clearly its tweaked by the producers to what they think will attract or appeal to viewers. Don't believe everything you see or read cos a lot of it is gonna be BS!! Regards David