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The 10 1933 Saints of Isreal (Iizzy)Switt What do U think
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<p>[QUOTE="CamaroDMD, post: 488446, member: 5233"]While I agree, with you...they should auction them off and use the money instead of making a big stink about them being illegal after over 70 years, I wonder how much they would actually get. We throw around that 7 million dollar figure as if they are each worth that...but that was the price paid for the single legal specimen. If there was suddenly 10 more legal specimens out there, how much would they each bring? I doubt you could get that much for each of them. That would "flood the market" for lack of a better phrase. Sure, they would all be worth a lot...but not nearly that much.</p><p><br /></p><p>Lets assume the coins sell for $1 million apiece (which I don't know if they would go that high)...the government has raised $10 million. When we're living in a world of billion dollar government programs and trillions in debt...$10 million is pocket change. </p><p><br /></p><p>Also, it's nice to assume that the government would use them toward "fiscally sound programs"...but that's a completely different and unrelated argument that doesn't belong here.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 488446, member: 5233"]While I agree, with you...they should auction them off and use the money instead of making a big stink about them being illegal after over 70 years, I wonder how much they would actually get. We throw around that 7 million dollar figure as if they are each worth that...but that was the price paid for the single legal specimen. If there was suddenly 10 more legal specimens out there, how much would they each bring? I doubt you could get that much for each of them. That would "flood the market" for lack of a better phrase. Sure, they would all be worth a lot...but not nearly that much. Lets assume the coins sell for $1 million apiece (which I don't know if they would go that high)...the government has raised $10 million. When we're living in a world of billion dollar government programs and trillions in debt...$10 million is pocket change. Also, it's nice to assume that the government would use them toward "fiscally sound programs"...but that's a completely different and unrelated argument that doesn't belong here.[/QUOTE]
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