Monetization was a term invented by the government to create the notion of Legal and Illegal 1933 Saints and other coins. What was done in 2003...
Weitzman apparently doesn't have the coin connections to pull something like that off, even if it COULD be done. But if there ever was a switch,...
Weitzman wasn't a die-hard stamp or coin collector. But he liked the idea of collecting certain items that were 1-of-a-kind. Reminds me of that...
All 3 pieces turned out to be poor investments.
THAT'S nuts....that's a house in the Hamptons !!! :D
Jim, the owner of the 1933 Saint also sold 2 rare stamps via Sotheby's on the same auction night. I haven't followed this as closely, but some...
I think your strategy was probably spot on. Maybe Weitzman assumed Sotheby's could get the best price regardless of 1 auction or 3 separate ones....
You know what I mean....only 1 in the (legal) population census. Although I like your optimism about the other 10 (or 11).....:D
Here's the prices estimated BEFORE: https://www.sothebys.com/en/buy/auction/2021/three-treasures-collected-by-stuart-weitzman Here's the actual...
Charley, I'm just going by Sotheby's own figures. Take it up with them, not me. Maybe they were high, but the commentary AFTER the auction was...
I freely admit I am not a philatelic expert. The prices paid for the stamps were at the low end of the range/estimates, whereas the 1933 Saint...
You make some good points, Eddie, but this coin is unique: a popular series...and 1 of a kind. First, I think it would have sold regardless....
Most of the buyers -- especially American -- have disclosed their identity on the winning bids for art the last 30 years that I have been...
I don't believe that the coin was ever graded informally, JM. I never saw any definitive "it would grade X." But there may be such quotes, I'll...
I wonder why some of these people remain anonymous.
It could be bought by someone so wealthy that the future sales prices doesn't matter to them. If it's someone with a net-worth of $10 billion, do...
The prices for the stamps were at the low-end or below. No record-setting headlines there. Big $$$ and the ultra-rich are not going for stamps...
I would go and check recent and past archive results at HA and GC. That does seem like a big jump given gold is only up about 5-7% the last few...
Bullish piece in BARRON'S talking about $50 silver:...
$250 for silver is crazy, unless that's a 2030 forecast based on lots of use for silver in solar, etc. I think copper and EV's is more likely to...
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