If the Farouk 1933 Saint was broght back to the block, what would it realize?

GoldenEyeNumismatics · September 18, 2007 12:41PM

I would imagine significantly less than the 7.6 mil it did in the past

notwilight · September 18, 2007 12:47PM

I wouldn't bet on it.

HighRelief · September 18, 2007 1:35PM

$10,000,000.00 easy

CaptHenway · September 18, 2007 1:47PM

$5.2 mill.
I like the chances for the ten getting legalized.
TD

ColonialCoinUnion · September 18, 2007 1:50PM

<< $5.2 mill.
I like the chances for the ten getting legalized.
TD >>

I was thinking $5 mil as well, but maybe the number is much less than that based on the 'other' 10.

PrivateCoinCollector · September 18, 2007 1:57PM

<< $10,000,000.00 easy >>

Think they will take a check?

Zoins · September 18, 2007 2:02PM

What if the government used a front person to buy it off the market?

GoldenEyeNumismatics · September 18, 2007 2:05PM

<< What if the government used a front person to buy it off the market? >>

WHy would the gov want to do that? There really is no reason for them to do it

Zoins · September 18, 2007 2:06PM

<< 

<< What if the government used a front person to buy it off the market? >>

WHy would the gov want to do that? There really is no reason for them to do it >>

Suppose some official wanted to have a second all-government gold collection to go along with their gold Sackies at ANA shows.

How would collectors react if they did?

STONE · September 18, 2007 2:15PM

$4-4.5 million.

CaptHenway · September 18, 2007 2:23PM

<< What if the government used a front person to buy it off the market? >>

Who can prove that they didn't already do just that?
They spent millions chasing this coin. Why not spend a few more and just buy it? After all, they got back half of the purchase price.

TD

HighRelief · September 18, 2007 2:41PM

<< $5.2 mill.
I like the chances for the ten getting legalized.
TD >>

It will never happen.

TwoSides2aCoin · September 18, 2007 10:44PM

It all depends on what Laura is willing to bid

7Jaguars · September 19, 2007 2:06AM

I can not at all see this hitting 10 mill unless the ten specimens being contested in court are melted or permanently and legally impounded.

coinsomniac · September 19, 2007 2:09AM

I think it would bring $12 M if not for the uncertainly of the Switt 10. My guess would be back in the $7M area.

19Lyds · September 19, 2007 4:46AM

At least 8 mil!

The original buyer was not a fool and he/she certainly would not put it on the market at a loss. It will only go to market for a profit and this is regardless of the outcome on the Switt 10!

7Jaguars · September 19, 2007 5:22AM

Fine for the original buyer EXCEPT s/he will not determine the price at auction, that would be the seller. Ten additional coins on the market would drag it down simply going by the supply side of supply and demand curves. I can not see how increasing the supply by 1000% would not have an effect.

DeepCoin · September 19, 2007 5:29AM

For those who thought the government might buy it, you are perhaps forgetting the government already owns two of these coins. They are in the National Numismatic Collection.

As with some of the others, I think 10MM would be the number if the 10 Swift St. G coins had not surfaced. A one and only is quite different from a one of 11, even if it is the best one (I am not judging the actual coins, just saying if you had the best one available).

If the other 10 become legitimate, I think about 3MM would be the number.

291fifth · September 19, 2007 5:31AM

Exactly $4,379,828.29.

roadrunner · September 19, 2007 6:43AM

With the other 10 coins out there, and if the Farouk coin had to come to market..........no more than #3-4 MILL.
And I'd bet on it once the other 10 coins are legalized. Though I may still not win the bet!

roadrunner

dbldie55 · September 19, 2007 7:14AM

I suspect the government bought it, and the two in the Smithsonian have nothing to do with it. They didn't do it to have an example, but to remove it from public ownership.

MORGANHUNTER2 · September 19, 2007 7:16AM

I would venture to guess that the current owner of the Farouk SG is patiently awaiting the decision of the courts, and if it looks like they 'might' release them back to the family- that SG will be on the market fast at a cool 11.5 mil, then wait until the others come to market and the price of the infamous 10 will bear in the area of 3-6 mil.

just my thoughts.

If the Farouk 1933 Saint was broght back to the block, what would it realize?

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