RICK H HARRISON:N: What can I I help youou with?
Well, , I've gotot a realally cool l half dololl.
RICK H HARRISON:N: OK.
ItIt is a 191906, $0.5.50, impy cleanened, John n W Gill..
AnAnd what i is that s supposed?
He was o one of ththe vivictims ofof the Tititan.
RICKCK HARRISOSON: Whoa.a.
FREDERICICK: This s coin is n inincrediblele link toto his.
One e of the m most famomos mamaritime d disastersrs.
ItIt has an n unbrokenen chain n of pedigigree
all ththe way baback to 191.
I paid $ $75,000 f for the coin a about a y year ago,,
but I'd d really l like toto reapproropriate
fufunds and d buy someme mores fofor some o of my colollect.
RICK H HARRISON:N: God, this i is prettyty amazing.
You u know, eveveryone k kns ththe story y of the T Tita.
YoYou know, , it was the ununsinkablele ship.
FREDEDERICK: A Absolutelel.
And d the big g problem m wat was s a new ststeel prococess,h
made t the steelel realally brittttle, so
whwhen they y ran intoto an ig everythihing startrted breakak.
And it s sank in a a few hours, b but therere was a lt
of f floating g bodies a after.
There wawas a feww shipips that c came by..
Anytything thahat was onon their r body wasas catalogo.
It was s sealed upup, sent back t to the fafamily memem,
and ththey were e buried a at.
Yeah, , these guguys pipicked up p 239 bodidie.
He wasas tagged d body 155.
RICKCK HARRISOSON: Hm, O O.
SoSo how didid you getet i?
I I bought i it from a an ad collecector abouout a yearar.
OK.
And soso this wawas auctioid ofoff at onene point??
Obviouously, youou got ththe catalolog here..
It's likike, 2002.2.
FREDEDERICK: 2 2002, yeaea.
It wasas auctiononed on the 9090th anniviversary
of t the sinkiking of ththe Ti.
RIRICK HARRIRISON: OK.K.
This c coin by i itself wowd be worthth $40 or r $50,
but t the factct that itit beloo someone e who dieded on the e c
is a a completete game c cha.
And d how you u lookingg to getet out of f it?
AbAbout $12525,000.
And wherere did yoyou come up witith that f figure?
OK..
A $1 bilill that c came off f e of thehe survivovors of ththe c
sosold for $ $125,000.0.
Now,w, the stotory of thte TiTitanic isisn't the e survi.
It's t the victitims.
So kinind of figigure thisis o be wororth the s same kindnd of.
ItIt's got a a millionon dollllar storyry behind d .
I'm m a littlele bit intntri.
LeLet me calall a coinin buddddy of minine.
LeLet me havave him take a a look atat it.
Absolulutely.
See whwhat he ththinks abobt itit, and wewe'll go f from t.
OKOK? - - Fair enonough.
All l right. I'll b be right t back.
Take youour time..
This c coin is o one of a a .
It's a a wonderfrful linknk to histstory.
And I rereally wouould not go lesess than $ $50,000..
Thisis is whatat I calllled you a about.
It's's a half f dollar suppososedly offff the Titit.
Wow.w. It's's a fantatastic itete.
RICK HARARRISON: D Do you know a anything g about it?
Wellll, John G Gill was s e of the u unfortunanate victi.
He wasas 24 yearars old, secondnd class p passenger,
leftft his newew bride to statart a newew life.
AnAnd there e are veryry detaililed recorords
thatat I was a able to accessss that dedescribedd
the e kinds ofof things s thae fofound on M Mr. Gill'l's co.
There'e's a goldld watch..
ThThere's a a gold rining withth his ininitials onon .
But ththere werere coins i in , and ththis is onone of theh.
RICKCK HARRISOSON: Cool.l.
Thisis wouldn'n't be thehe firsrst item I I have acactuy
handled d from thehe Titani.
Somemething lilike thiss is h highly ununusual,
and collllectors r really lie upup for thahat kind o of th.
RICKCK HARRISOSON: So, w wt dodo you thihink it's s wor?
Well, apapparentlyly this cocod sold i in 2011 f for aboutut $,
and thenen again i in 2014 for ababout $21,1,000.
A coin l like thisis realally has t to reachh
ththe ultimamate audieiene where yoyou could d justify
chargingng much momore than n.
So $2121,000?
Righght in thahat ballpapa.
I woululd have t to thinkk thatat even atat $21k,
it w was in ththe wrong g auc.
ThThat's it t would seseem toto me, thehey misseded
ththe wrong g target a audie.
DAVIVID VAGI: : So, withthn item likike this v value,
it w was only y determininedn seveveral extrtremely ininterd
partieies are alall awaree thatat it's seselling,
and ththey have e the opportununity to c compete.
Therere is no o such thihig asas an accucurate valalu.
RICKCK HARRISOSON: OK. Thanksks, man.
I I sort of f got the e gist . - All riright.
Apprpreciate i it. ThThank you.u.
Appreciaiate it.
FREDERICICK: I undnderstand wherere the exexpert hasas cop
with hisis numberr from, , but I ththink
it's valalue standnds onon its ownwn, not
what i it sold f for previvio.
I memean, if i it sold, , le a year a ago for $ $21,000,
ththere's nono way off juststifying $ $125,000.0.
I I just donon't see i it happ.
It's somomething I I'd pay like $ $10,000 f for it,
bebecause itit's sometething e ththe price e waxes anand wa.
Just d depends o on how cocl ththe Titaninic is at t that .
SoSo I mean,n, is thererea realistitic price e you'd
be williling to tatake for i?
I guess s I'd realally neneed to bebe at $75,5,00.
Yeah, , I mean----
Therere's no w way we'rere goining to makake a dealal t.
- UnUnderstoodod. - - OK.
Haveve a nice e day, mana.
YoYou as welell.
Thananks so mumuch.
I think k the offefer of $1010,s a bibit shockiking, quitite fr.
ThThis seemsms to be so far b below whahat
otheher peoplele would v value.
It's's hard fofor me too takeke it seririously.