Known for his keen eye for undervalued items, Rick Harrison is reportedly increasing his net worth value by earning 400 percent profits from garage sale bargains. And on Monday's episode of "Pawn Stars," Harrison reminded his viewers why going to garage sales is beneficial, WKBW noted.
During the episode, Rick Harrison took a risk and purchased a Polish White Eagle Medal for $6,000 from the owner, who had acquired it from a garage sale for only $0.75. But when Harrison took the medal to an expert for appraisal, the actual value was $30,000 to $40,000. Eventually, Harrison sold the medal for $30,000, making a 400 percent profit for him and his shop.
Meanwhile, Rick Harrison's net worth is greatly attributed to the Harrison family, who owns the Gold and Silver Pawn Shop in Las Vegas, Nevada. According to Celebrity Net Worth, the Harrison family has become popular because of their reality television show "Pawn Stars," which tracks the antics and shenanigans that take place in the Gold and Silver Pawn Shop.
As of December 2013, "Pawn Stars" has aired an impressive seven full seasons and more than 250 episodes since debuting in July 2009, thus increasing Rick Harrison's net worth. So far, "Pawn Stars" is the most popular show on The History Channel. Since the show is such a hit, History renews the series in 80-episode batches, which is extremely unusual for any television show, particularly for a reality series.
In other news, Rick Harrison, who has an estimated net worth of $8 million, began to show his interest in the business at a very young age. By the time he was 13, he began training in the pawn business along with his father Richard, who established the Gold and Silver Pawn Shop in 1988. And by the age of 23, Harrison was making a living through selling fake Gucci bags, CBS News has learned.
Harrison also admitted that he never expected their TV show would be successful. And six years later, Rick Harrison is still fielding a lot of business in Las Vegas.
"I was hoping to get a season or two to help our business," Harrison said. "I never thought we'd be in 152 countries and 38 languages."
Due to the show's ongoing success, which remarkably increased his net worth, Rick Harrison expects to continue with "Pawn Stars," airing every Thursday at 9 p.m. on The History Channel, and the spinoff, "Pawnography," for another two years.
