Price Points

Part history lesson, part economics, Pawn Stars teaches good value

Jared McMillen for TIME

Rick Harrison, reality-TV star and Vegas pawnshop owner, is selling this Picasso for $12,000

The walls and counters of the world-Famous Gold & Silver Pawn Shop, home of the hit cable show Pawn Stars, display the kind of merchandise you might expect in a joint at the wrong end of the Las Vegas Strip. Gaudy jewelry, expensive watches, musical instruments, gold coins, Super Bowl rings: they're what the tide of fortune leaves behind when it runs out on people. And in Las Vegas, it runs out on a lot of people.

But you'll also find in the shop Picassos, Chagalls and a 16th century print by German engraver and artist Albrecht Drer that Rick Harrison,...

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