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Richard Benjamin Harrison

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Richard Benjamin Harrison

Richard Benjamin Harrison Jr. (March 4, 1941 – June 25, 2018), also known by the nicknames "The Old Man" and "The Appraiser", was an American businessman and reality television personality, best known as the co-owner of the Gold & Silver Pawn Shop, as featured on the History Channel series Pawn Stars. Harrison was the co-owner of the pawn shop with his son Rick Harrison. They opened the store together in 1989.

Richard Benjamin Harrison Jr. was born in Danville, Virginia, on March 4, 1941, and was of Irish descent. Harrison's grandson, Corey, has mentioned his grandmother said they are related to Presidents William Henry Harrison and Benjamin Harrison. Harrison indicated that he did not give much credence to this idea.

When Harrison was one year old, his family moved to Lexington, North Carolina, where they lived at 115 Peacock Avenue, just off South Main Street. Harrison attended Lexington High School, but left during his junior year (age 16-17). Harrison's family was poor, and to make money, Harrison drove a school bus when he was 14, parking the bus at his house every night, and getting up early in the morning to pick up the schoolchildren, for which he was paid five or six dollars a week.

When he was 17, Harrison attended a barn dance, where he met his future wife, Joanne Rhue, the daughter of Joseph Rhue, a county judge, who later became one of the lead attorneys for Philip Morris in North Carolina. They married in 1960. Before they married, however, Harrison stole a car, and after he was arrested, was given a choice by the judge to go to prison or the military. Harrison chose the latter, entering the United States Navy in October 1958.

Joanne became pregnant soon after the wedding. Their first child was daughter Sherry, who was born with Down syndrome. They also had three sons, Joseph, Rick, and Chris. Harrison left the Navy in February 1962, but re-enlisted fourteen months later in order to obtain the health care benefits necessary to meet Sherry's medical expenses. She died when she was six years old.

Harrison ultimately served in the U.S. Navy for 20 years, including stints as a paymaster, and attaining the rate of personnelman first class (PN1). Harrison served on four ships, including his final five years on fleet tug USS Chowanoc (ATF-100), from 1972 to 1976.

In 1967, Harrison was transferred by the Navy to San Diego, California. He continued to serve in the Navy, while Joanne obtained her real estate license in 1970 and opened her own office in 1973. After Harrison was discharged from the Navy in 1979, he worked part-time in his wife's office. Declining real estate sales caused by interest rates as high as 18 percent cost Harrison $1,000,000 and the collapse of this business in 1981.

In April 1981, Harrison and his wife, having only $5,000 left, moved with their three sons to Las Vegas, Nevada, where Harrison and his son Rick opened Gold & Silver Coin Shop in a 300-square-foot (28 m2) shop at 1501 Las Vegas Boulevard. Five years later, the family relocated the business to a larger building at 413 Fremont Street, where it remained for two years before the Harrisons lost their lease. In 1987, the Harrisons obtained a license to buy and sell secondhand goods. Harrison's son Rick relates in his autobiography that he and his father had long-sought to convert the store into a pawn shop, but a 1955 Las Vegas law limiting pawn licenses to one per every 50,000 residents precluded this. By 1988 the city's population of over 200,000 was rapidly growing, so Harrison called the city statistician periodically to monitor the population. By 1989 the city's population reached 250,000, and after some legal struggles, the Harrisons obtained their pawn license. That year Harrison and his father opened the Gold & Silver Pawn Shop at 713 Las Vegas Boulevard South, less than two miles from the Las Vegas Strip. By 2005, Harrison and his father were loaning out about $3 million annually, which brought them about $700,000 in interest income.

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