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'Pawn Stars': Letter from the White House signed by JFK worth a small fortune

'Pawn Stars': Letter From The White House Signed By JFK Worth A Fortune

On "Pawn Stars," a man named Jeff brought in a letter from the White House signed by John F. Kennedy. Jeff noted, "This was the day before the Martin Luther King march and this letter actually calls for 1,000 troops to be dispatched."



Rick said, "This is pretty amazing because most of the time you get letters from the President or something like that and it's like, 'did you get my dry cleaning?'"

The letter was dated August 27, 1963, the day before the largest civil rights march in the history of the United States. Jeff said he bought the letter at an auction and paid significantly less than what he thinks he can get for it. An appraiser valued the letter around $10,000 but Rick was only willing to offer $6,500 for it which Jeff didn't accept.

According to NPR, John F. Kennedy and Ronald Reagan's signatures are worth the most, in terms of modern presidents, saying, "A genuine Kennedy is worth $2,500, even if it says simply 'happy birthday.' The content of the letter can quickly elevate the price."

For more interesting pieces of history, you can catch new episodes of "Pawn Stars" Thursdays at 9/8c on The History Channel.

Join the discussion

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quincy_maxwell August 15 2014 at 10:29 AM

I'm starting to suspect more and more that this show is staged and set up. Why would anyone take such a valuable and historic piece of history into a pawn shop to sale? Not to mention that these guys already make millions of dollar a year. It's just hype. Rick's son Cory, is a smart-ass, the old man needs to retire and Chumlee is a joke. A person that makes as much as the rest and they keep him on the show as a prop and character more than anything else. Rick, who oftentimes offers too little money for items, is a know-it-all and in it for the money. His wife must have a fetish for rich guys.

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Curt's Stuff quincy_maxwell August 15 2014 at 7:35 PM

It is staged.

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cdjcn August 15 2014 at 1:24 PM

Just came back from Vegas, this store is small & they(pawn stars) are never in there according to the locals. The merchandise inside the store for sale was way overpriced. The area where the store is located was very seedy to say the least.

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Craig cdjcn August 15 2014 at 4:10 PM

You did just what they wanted, you showed up. Most of the people I have talked to who have been there are equally disappointed.

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Joe August 15 2014 at 9:18 PM

I "stumbled" onto this show and finally watched an episode. Folks, this is "entertainment." I don't know what the History Channel pays for the show but who cares? If you notice, Rick ususally offers about half of the so-called value. He has to inventory it and wait for a buyer.

When you go to a retail store and buy and item, how much mark up do retailers get? Well, at a minimum it 100%.

Again, this is entertainment. Chumlee is there for a reason. To act totally stupid. The show wouln't be totally boring without him.

My guess is Chumlee is making a minimum of $100K a year, not as an employee but as an actor.

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cousininmiami22 August 15 2014 at 7:56 PM

A bunch of crooks profiting from the misfortunes of others buying items for next to nothing meanwhile knowing it is worth 1000's more!! They drive 100k cars and treat their employees the dogs, the place is small and nasty it is far from True TV

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Dhubhgaill cousininmiami22 August 16 2014 at 2:14 AM

I agree, I call them the rip-off artists.

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smprfitom August 15 2014 at 4:38 PM

Democrat president's autographs are only worth BIG $$$ when attached to give away bills. This one is worthless.

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1 reply
dsb1252 smprfitom August 15 2014 at 9:52 PM

Get a life.

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James August 15 2014 at 5:49 PM

Think of all the things you could do with this letter if it belonged to you. Go ahead, think. Think harder. Keep thinking...

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songbirdgray August 15 2014 at 6:11 PM

WHO REALLY CARES?

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proteus12544 August 16 2014 at 5:24 AM

If I lived in Vegas I dont think I could keep myself from going to that store and punching Rick in the face. Because and only because of his fake forced Muttly laugh. I just cannot stand how he laughs and it is usually when nothing is funny. So if you ever hear Rick was punched in the face you will all know I made it to Vegas lol.

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Craig August 15 2014 at 10:44 AM

The letter was signed by Kennedy and probably stained by Marilyn Monroe. They need to smell to make sure. Ha, ha.

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1 reply
Dan Craig August 15 2014 at 11:18 AM

And Craig today YOU win the 1 sick puppy award! ☺

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rwilliamhoward August 15 2014 at 1:46 PM

You should NEVER take sometinhg like this to a PAWN SHOP! These place serve a purpose, to help people over rough spots. They are in the LOAN business. Your item is COLATERAL on the loan. Sell it to them? Well, you CAN. You can no longer redeem it, but must BUY it from them, at THEIR price! If you are looking to make a PROFIT on your item(s), take them to AUCTION! There you will get whatever someone wants to PAY for it. You can even put in a RESERVE, so if you can't get what you want, or more, you don't lose anything, other than the auction fees. (Those folks are in it to make a buck, as well.)

THe Pawn Stars folks are OK... Check out rent or taxes on Vegas real estate. Thtey come out ahead every thime YOU do the 'picking', and take it to them. If you think they are not paying enough, check your self. Is this an item YOU like, and think it's worth LOTS more? I dojn't watch the show any more... TOO MANY COMMERCIALS, and they have split it up into 2 half-housr shows,
.

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