@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
Absolutely correct.
The price is essentially determined by the underbidder. If two bidders (or more) have "need" to own the best and have the funds to make it happen why couldn't the coin have sold for $30 million? Coin collectors need not apply.
There are just people who want bragging rights and the only question is how much do you have to pay for the right?
I think it’s unfair to assume that anyone who bids on or buys such a coin is doing so just for bragging rights. Don’t forget, until fairly recently, the identity of this coin’s owner had been kept secret for many years.
I don't know that you have to assume it's JUST a trophy to recognize the unique nature of it. And it will bring in trophy hunters as well as collectors. All bidders help push the price.
Does Weitzman own any other coins?
No. Those were his only two stamps as well. All proceeds will be used to set up a family charitable fund.
One of my close friends will be speaking to Weitzman in a few days. They are besties. I'll report back anything if possible
m
He did have a modest stamp collection in his youth. I had just never heard mention of his ever collecting coins.
He is an interesting man.
Yes he is. He's a good man as well. His modest childhood collection whetted his appetite for the two rarities he acquired later in life
m
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@tradedollarnut said: The 1933 says nothing about the market except that there are people with more money than brains that buy such hyper-rarities to add their name to the pedigree.
This is pretty much why those with money and brains don’t spend as much time here anymore...
Indeed.
FYI when Stuart Weitzman bought this coin in 2002 he did it in secret. He wanted to own something he admired from his youth as well as the stamps. He made a lot of bones in the same business I'm in and eventually bought those items. I didn't event know he owner these nor did his best friend so that statement you quoted is a load of crap
m
I think human motivations are always more complex than any simple statement would capture.
That particular quote is really not worth repeating. It assumes too much and is really odd coming from a (alleged) coin collector.
All comments reflect the opinion of the author, even when irrefutably accurate.
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
Absolutely correct.
The price is essentially determined by the underbidder. If two bidders (or more) have "need" to own the best and have the funds to make it happen why couldn't the coin have sold for $30 million? Coin collectors need not apply.
There are just people who want bragging rights and the only question is how much do you have to pay for the right?
I think it’s unfair to assume that anyone who bids on or buys such a coin is doing so just for bragging rights. Don’t forget, until fairly recently, the identity of this coin’s owner had been kept secret for many years.
I don't know that you have to assume it's JUST a trophy to recognize the unique nature of it. And it will bring in trophy hunters as well as collectors. All bidders help push the price.
Does Weitzman own any other coins?
No. Those were his only two stamps as well. All proceeds will be used to set up a family charitable fund.
One of my close friends will be speaking to Weitzman in a few days. They are besties. I'll report back anything if possible
m
He did have a modest stamp collection in his youth. I had just never heard mention of his ever collecting coins.
He is an interesting man.
Yes he is. He's a good man as well. His modest childhood collection whetted his appetite for the two rarities he acquired later in life
m
Tyrant must also be an interesting individual. His whole method of collecting is rather unique. I would like to hear more from him.
All comments reflect the opinion of the author, even when irrefutably accurate.
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
Absolutely correct.
The price is essentially determined by the underbidder. If two bidders (or more) have "need" to own the best and have the funds to make it happen why couldn't the coin have sold for $30 million? Coin collectors need not apply.
There are just people who want bragging rights and the only question is how much do you have to pay for the right?
I think it’s unfair to assume that anyone who bids on or buys such a coin is doing so just for bragging rights. Don’t forget, until fairly recently, the identity of this coin’s owner had been kept secret for many years.
I don't know that you have to assume it's JUST a trophy to recognize the unique nature of it. And it will bring in trophy hunters as well as collectors. All bidders help push the price.
Does Weitzman own any other coins?
No. Those were his only two stamps as well. All proceeds will be used to set up a family charitable fund.
One of my close friends will be speaking to Weitzman in a few days. They are besties. I'll report back anything if possible
m
He did have a modest stamp collection in his youth. I had just never heard mention of his ever collecting coins.
He is an interesting man.
Yes he is. He's a good man as well. His modest childhood collection whetted his appetite for the two rarities he acquired later in life
m
Tyrant must also be an interesting individual. His whole method of collecting is rather unique. I would like to hear more from him.
We tried to buy his company for 500 million so so like ten years ago. He sold it for less to someone else. He thought we were a little too unconventional. Says a lot about the man
m
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
Absolutely correct.
The price is essentially determined by the underbidder. If two bidders (or more) have "need" to own the best and have the funds to make it happen why couldn't the coin have sold for $30 million? Coin collectors need not apply.
There are just people who want bragging rights and the only question is how much do you have to pay for the right?
I think it’s unfair to assume that anyone who bids on or buys such a coin is doing so just for bragging rights. Don’t forget, until fairly recently, the identity of this coin’s owner had been kept secret for many years.
I don't know that you have to assume it's JUST a trophy to recognize the unique nature of it. And it will bring in trophy hunters as well as collectors. All bidders help push the price.
Does Weitzman own any other coins?
No. Those were his only two stamps as well. All proceeds will be used to set up a family charitable fund.
One of my close friends will be speaking to Weitzman in a few days. They are besties. I'll report back anything if possible
m
He did have a modest stamp collection in his youth. I had just never heard mention of his ever collecting coins.
He is an interesting man.
Yes he is. He's a good man as well. His modest childhood collection whetted his appetite for the two rarities he acquired later in life
m
Tyrant must also be an interesting individual. His whole method of collecting is rather unique. I would like to hear more from him.
We tried to buy his company for like 500 million like ten years ago. He sold it for less to someone else. He thought we were a little too unconventional. Says a lot about the man
m
Who, Weitzman or Tyrant?
All comments reflect the opinion of the author, even when irrefutably accurate.
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
Absolutely correct.
The price is essentially determined by the underbidder. If two bidders (or more) have "need" to own the best and have the funds to make it happen why couldn't the coin have sold for $30 million? Coin collectors need not apply.
There are just people who want bragging rights and the only question is how much do you have to pay for the right?
I think it’s unfair to assume that anyone who bids on or buys such a coin is doing so just for bragging rights. Don’t forget, until fairly recently, the identity of this coin’s owner had been kept secret for many years.
I don't know that you have to assume it's JUST a trophy to recognize the unique nature of it. And it will bring in trophy hunters as well as collectors. All bidders help push the price.
Does Weitzman own any other coins?
No. Those were his only two stamps as well. All proceeds will be used to set up a family charitable fund.
One of my close friends will be speaking to Weitzman in a few days. They are besties. I'll report back anything if possible
m
He did have a modest stamp collection in his youth. I had just never heard mention of his ever collecting coins.
He is an interesting man.
Yes he is. He's a good man as well. His modest childhood collection whetted his appetite for the two rarities he acquired later in life
m
Tyrant must also be an interesting individual. His whole method of collecting is rather unique. I would like to hear more from him.
We tried to buy his company for like 500 million like ten years ago. He sold it for less to someone else. He thought we were a little too unconventional. Says a lot about the man
m
Who, Weitzman or Tyrant?
Weitzman. I don't know the other fella
m
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Article says weitzman collected coins to pass the time when he was laid up with a broken leg at the age of 12:
“ It has been an honor to be a custodian of these three legendary treasures and it fills me with great joy to have fulfilled a childhood dream of bringing these remarkable pieces together into one collection. I started coin collecting to pass the time in a full leg cast at the age of 12 and later became interested in stamps when my older brother left behind the stamp book he’d started when he went to college. The passion for collecting took root immediately, and today truly marked the culmination of a life’s work. I’m delighted that the proceeds of the sale will help support a number of charitable causes and educational endeavors that are near and dear to me.”
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
@MsMorrisine said:
Two choices for one representation of a segmented market?
Poorly formed question.
Disagree. I would argue that the $20 doesn't say anything about any segment of the market. That is my point. It's a trophy coin with a population of one.
Absolutely correct.
The price is essentially determined by the underbidder. If two bidders (or more) have "need" to own the best and have the funds to make it happen why couldn't the coin have sold for $30 million? Coin collectors need not apply.
There are just people who want bragging rights and the only question is how much do you have to pay for the right?
I think it’s unfair to assume that anyone who bids on or buys such a coin is doing so just for bragging rights. Don’t forget, until fairly recently, the identity of this coin’s owner had been kept secret for many years.
I don't know that you have to assume it's JUST a trophy to recognize the unique nature of it. And it will bring in trophy hunters as well as collectors. All bidders help push the price.
Does Weitzman own any other coins?
No. Those were his only two stamps as well. All proceeds will be used to set up a family charitable fund.
One of my close friends will be speaking to Weitzman in a few days. They are besties. I'll report back anything if possible
Comments
Yes he is. He's a good man as well. His modest childhood collection whetted his appetite for the two rarities he acquired later in life
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I think human motivations are always more complex than any simple statement would capture.
That particular quote is really not worth repeating. It assumes too much and is really odd coming from a (alleged) coin collector.
All comments reflect the opinion of the author, even when irrefutably accurate.
Tyrant must also be an interesting individual. His whole method of collecting is rather unique. I would like to hear more from him.
All comments reflect the opinion of the author, even when irrefutably accurate.
We tried to buy his company for 500 million so so like ten years ago. He sold it for less to someone else. He thought we were a little too unconventional. Says a lot about the man
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Who, Weitzman or Tyrant?
All comments reflect the opinion of the author, even when irrefutably accurate.
Weitzman. I don't know the other fella
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Article says weitzman collected coins to pass the time when he was laid up with a broken leg at the age of 12:
“ It has been an honor to be a custodian of these three legendary treasures and it fills me with great joy to have fulfilled a childhood dream of bringing these remarkable pieces together into one collection. I started coin collecting to pass the time in a full leg cast at the age of 12 and later became interested in stamps when my older brother left behind the stamp book he’d started when he went to college. The passion for collecting took root immediately, and today truly marked the culmination of a life’s work. I’m delighted that the proceeds of the sale will help support a number of charitable causes and educational endeavors that are near and dear to me.”
And to think it all started with penny loafers 🤔
Liberty: Parent of Science & Industry