Something to think about...
DAM
Posts: 2,410 ✭✭
The 1933 Double Eagle sold for $7,590,000 (with the juice).
Every coin sold in Superior's ANA auction sold for $7,969,000 (with the juice).
A difference of about $400,000.
So which would you buy? To make it easier let's remove the investment potential from the equation
Personally, I would take the coins sold by Superior. Much more fun playing with lots of coins than just one.
Every coin sold in Superior's ANA auction sold for $7,969,000 (with the juice).
A difference of about $400,000.
So which would you buy? To make it easier let's remove the investment potential from the equation
Personally, I would take the coins sold by Superior. Much more fun playing with lots of coins than just one.
Dan
0
Comments
That helps put things in perspective. If I had "just" $8 million to spend, I'd also choose the coins from Superior. However, if I had the wherewithal to spend $7.6 for a single coin, I could probably buy any of the coins from Superior that I wanted.
How long do you suppose it will be before the new owner of the 1933 Saint is revealed? I just hope it's not someone like the ex-CEO's of Enron, Tyco, or World-Com.
Jim
Since I don't have that kind of money, I don't understand the reason to remain anonymous. Like collectors of priceless paintings do.
If it were me, I think I'd be proud to own the coin and wouldn't care who knew. And, if I had that kind of money, the people who could/would do me harm because of my wealth, would alread know about me.
Maybe it's the person's idea of adding mystique to the coin. Or maybe they don't want to be known as the person paying $7.5 million for a $20 gold piece.
Who knows?
Rich
Edson
The only thing necessary for evil to triumph is for good men to do nothing.
Camelot