ITV’s Million Pound Pawn viewers say woman was ‘robbed’ of a small fortune after she was paid just £1,065 for EIGHT designer bags – and say she would’ve gotten more at a church jumble sale
- Marlene and her husband Brian were hoping to liquidate some of their assets
- Decided to sell eight of her designer handbags including Gucci and Chanel
- But Sheffield pawnbroker Dan Hatfield said he could only offer £1,065 for them
Viewers of ITV’s Million Pound Pawn have claimed a woman was ‘robbed and would’ve gotten more at a church jumble sale’ after she was paid just £1,065 for eight designer bags.
Marlene and her husband Brian, who are both in their 70s, were hoping to liquidate some of their assets and asked Sheffield pawnbroker Dan Hatfield for a deal.
Hoping to add £6,000 to her granddaughter’s trust fund, grandmother Marlene decided to sell eight of her designer handbags including Gucci, Chanel and Vivienne Westwood.
But she was astonished to discover she would only receive £1,065 for the products – leaving viewers suggesting she should’ve tried to promote them on eBay or Facebook Marketplace.
However, luxury goods expert Amber Gordon told FEMAIL she agreed with the valuation of the ‘very dated styles’ and warned about the dangers of losing money on designer purchases.
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Viewers of ITV’s Million Pound Pawn have claimed a woman (pictured) was ‘robbed and would’ve gotten more at a church jumble sale’ after she was paid just £1,065 for eight designer bags
Marlene and her husband Brian, who are both in their 70s, were hoping to liquidate some of their assets (pictured one of her bags) and asked Sheffield pawnbroker Dan Hatfield for a deal
Hoping to add £6,000 to her granddaughter’s trust fund, grandmother Marlene decided to sell eight of her designer handbags including Gucci, Chanel and Vivienne Westwood (pictured)
Marlene and husband Brian enjoy the finer things in life after spending 15 years living in America, and have racked up an impressive collection of designer handbags and watches.
Having returned to England in 2016 to be closer to their family, they appeared on the ITV pawnbroker show looking for cash for their luxury items.
‘My favourite of all is Chanel,’ Marlene said. ‘Necklace is Chanel, my earrings are my favourite, my bracelet’s Chanel, my shoes Chanel, my watch…oh no, that’s Rolex
Along with Marlene’s eight designer bags, Brian also offered to part with three of his lavish watches.
But after Mr Hatfield had the items evaluated by his experts and revealed his findings, the couple were left stunned.
But she was astonished to discover she would only receive £1,065 for the products – leaving viewers (above) suggesting she should’ve tried to promote them on eBay or Facebook Marketplace
Marlene, who was aiming to get up to £6,000 for her handbags, was offered only a couple of hundred pounds for each one because they had been mass produced, meaning their value went down significantly.
‘You are joking?’, she said. ‘I’ve got this vision of what I’m getting for my bags, it’s completely been crushed.’
But despite her shock, Marlene accepted Mr Hatfield’s £1,065 offer, adding: ‘I’ve lost on all of them. But I don’t use them, so, you’ve got a deal.’
Her husband Brian bagged £17,500 for his IWC, Omega and Tourneau watches.
Viewers suggested they didn’t agree with the offer made to Marlene, with one writing: ‘Should of sold them bags at the church jumble sale you would of got more.’
Another said: ‘Decent prices paid for the watches I think, he might of pinched on those bags though.’
However, luxury goods expert Amber Gordon told FEMAIL she agreed with the valuation of the ‘very dated styles’ and warned about the dangers of losing money on designer purchases (pictured)
Marlene and husband Brian (pictured) enjoy the finer things in life after spending 15 years living in America, and have racked up an impressive collection of designer handbags and watches
Amber Gordon, founder of Tailored Styling, a personal shopper and styling firm which specialises in sourcing and buying designer goods for high net worth clients, said she agreed with the valuation.
She explained that the bags appeared ‘very dated’ and wouldn’t hold their price, while noting that Marlene potentially would’ve received a better deal through eBay only because she would’ve been doing all the work.
Amber said: ‘The pricing was pretty accurate on these. Different brands command different resale values and the only brands that you will really make any serious money back on in terms of pre-owned are Chanel and Hermes.
‘Any other brand, once you’ve bought a bag and used it, you will get much less than what you paid back if you sell.
‘Most of these are also very dated styles, likely bought in the early 00’s – the Jimmy Choo for example is a very old style, Gucci is also from before a new creative director came in a few years back and massively overhauled the brand.
Having returned to England in 2016 to be closer to their family, they appeared on the ITV pawnbroker show looking for cash for their luxury items (pictured)
‘We’ve also had an on ongoing trend the past few years for mini bags which is still prevalent, so such large styles are not on trend right now, so again will be harder to sell and will command less.’
However, the expert added: ‘Viewers are right that she probably could have got a little more selling on eBay, but it can be such an effort to sell things yourself and it can take time.
‘A broker will need to make a margin out of these bags so will naturally offer less than an end buyer would on eBay. You also have to account for the time they will take to list and photograph the bags.
‘It all comes down to would you like to put the effort in yourself and wait for a little extra cash or allow a professional to do it for you and have a little less right away.’
Continuing, she said: ‘I would estimate that the pawnbroker will be making between £50-£100 at the very, very most when they sell these bags on for around £200-£300 each, which would be a very, very good price if they can achieve this.
‘Unfortunately if you don’t buy smart and invest in brands that hold their value or even increase over time, you’d be surprised how much money you can lose on luxury purchases.’
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