Titled "Barely Legal Pawn," the six-minute parody of the History Channel reality show features Louis-Dreyfus trying to sell her Primetime Emmy Award for Best Supporting Actress in a Comedy for "Seinfeld" in order to pay for her own island because Celine Dion has one.
On the other hand, Cranston and Paul play a pair of scruffy pawn shop owners trying to convince Louis-Dreyfus her Emmy was not worth much.
Staying in character the entire video, the three actors threw to each other jokes about their real-life careers.
"Breaking Bad" is nominated for Outstanding Drama Series along with "Downton Abbey," "Game of Thrones," "House of Cards," "Mad Men" and "True Detective."
"Veep" is also nominated for Outstanding Comedy Series with "The Big Bang Theory," "Louie," "Modern Family," "Orange Is The New Black" and "Silicon Valley."
For her performance as Vice President Selina Meyer on "Veep," Dreyfus is nominated for Outstanding Lead Actress in a Comedy Series along with Edie Falco of "Nurse Jackie," Lena Dunham of "Girls," Melissa McCarthy of "Mike & Molly," Amy Poehler of "Parks and Recreation" and Taylor Schilling of "Orange is the New Black."
For his Walter White portrayal on "Breaking Bad," Cranston competes with Jeff Daniels of "The Newsroon," Jon Hamm of "Mad Men," Woody Harrelson and Matthew McConaughey of "True Detective" and Kevin Spacey of "House of Cards."
Paul's "Breaking Bad" performance also earned him a nomination for Outstanding Supporting Actor in a Drama Series against Jim Carter of "Downton Abbey," Josh Charles of "The Good Wife," Peter Dinklage of "Game of Thrones," Mandy Patinkin of "Homeland" and Jon Voight of "Ray Donovan."
Meanwhile, real-life "Pawn Stars" star and Gold & Silver Pawn Shop owner Corey Harrison has recently supported porn star Christy Mack, who was violently attacked by her former boyfriend mixed-martial artist War Machine.
Prior to the arrest of War Machine, Harrison announced Gold & Silver Pawn Shop has added $10,000 to the existing $10,000 bounty to apprehend the former, who was then a fugitive with seven felony charges, Breitbart reported.