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...
It isn't except that there's generally an inverse relationship between them, a falling dollar is good for gold (makes it chaper in foreign...
Does appear to have strong support in the low-30's.
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