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The owner of the 1933 Saint Gaudens revealed!
ohbaby
Posts: 768
Well maybe not.
A few of us over more than a few drinks chatted about whos and then whys of the 1933 $20 .
Why was almost easy but the who was a bit tougher.
Many names came up, some obvious some less than obvious. Our consensus guess is Steve Wynn [the Las Vegas guy]. Donald Trump was a distant second.
The why is a but more complex. Trump likes trophy real estate and trophy women so we thought this purchase would put him out of his league.
Steve Wynn on the other hand just dropped $11.3 million last week for a silly painting by some guy named after a toothpaste, Rembrandt . He could almost have bought 2 1933s with that cash if they gave a discount.
All kidding aside and this is the intrigue of the "why", Wynn can buy anything but likes to buy high profile. Why not buy a high profile coin and then start to buy other high profile coins and promote the heck out of them in his Bellagio museum? People are flocking to this museum which I must say is very tastefully done, to see art.
Can historically significant coins be that much of a stretch?
A few of us over more than a few drinks chatted about whos and then whys of the 1933 $20 .
Why was almost easy but the who was a bit tougher.
Many names came up, some obvious some less than obvious. Our consensus guess is Steve Wynn [the Las Vegas guy]. Donald Trump was a distant second.
The why is a but more complex. Trump likes trophy real estate and trophy women so we thought this purchase would put him out of his league.
Steve Wynn on the other hand just dropped $11.3 million last week for a silly painting by some guy named after a toothpaste, Rembrandt . He could almost have bought 2 1933s with that cash if they gave a discount.
All kidding aside and this is the intrigue of the "why", Wynn can buy anything but likes to buy high profile. Why not buy a high profile coin and then start to buy other high profile coins and promote the heck out of them in his Bellagio museum? People are flocking to this museum which I must say is very tastefully done, to see art.
Can historically significant coins be that much of a stretch?
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Comments
K S
Doesn't sound like Wynn...his "collecting" laser beam has always been focused on art.
09/07/2006
<< <i>I guess he/she just doesn't want or need the Registry points...
George Huang bought it
"Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9
"Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5
"For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
Because, it adds *even more* mystery and intrigue to this coin. It didn't sell for $7 mil. the last time because it was another ho-hum rarity. The story behind the coin sold it. The fact that it has once again "disappeared" will add more mystery, intrigue, etc. and it keeps it on everybody's mind, at least on a low level, until the current owner is willing to sell it again. Probably, for the same reason the current owner will not have it slabbed. People are thinking, is it really an MS65? In my opinion, the current owner is acting very wisely and the coin will top $12 mil. the next time it is on the block, which I will boldly guess to be in the year 2007.
<< <i>In all seriousness why hide the fact that you own it? >>
One, security concerns. Two, to cut down on all the bothersome requests to see it, unsolicted offers from people who want to sell you their coins, both from the general public and dealers, and requests from a large segment of joe public asking you questions about their coins that you can't possibly answer.
Ask anyone who HAS publicly purchased one of these major rarities and you will hear about all the annoying requests and junk mail. Kind of like what happened to all the dealers back during that "My wife spent my 1943 copper cent" hoax.
It's just easier to stay anonymous.
<< <i>I didn't buy it, so that should narrow it down a bit. >>
Bummer, claw...was hoping we could talk you into bringing it up to Anaheim for pass around !!
<< <i>I thought I heard somewhere that a very wealthy female Country Music singer bought it. >>
Dam, now I'm gonna have day dreams about Shania Twain and the 1933 St. Gaudens in bed at the same time. Hoo-Ya.