Another 1933 Saint Story

On Mon, 10 Sep 2012 18:39:22 -0700 (PDT), Jerry Dennis
wrote:

Same story, just an update.....

Actually it was a continuation of the story.

They lost the original case and this story was about the denial of the
appeal.

My question is how did the Huffington Post come up with a value of $8
million each? The original "one of a kind" didn't even sell for that.

sgt23 wrote:

On Sep 9, 8:16 pm, oly wrote:
On Sep 9, 10:17 am, sgt23 wrote:









On Sep 8, 10:55 pm, Frank Galikanokus
wrote:

Jerry Dennis wrote:

I guess it shouldn't surprise me how much misinformation and flat out
lies are out there concerning one of our most beloved coins. I
started reading the comments on the article, attempting to provide the
correct info, but it just got out of hand.

http://www.huffingtonpost.com/2012/0...awsuit-gold-co...

If it wraps, tryhttp://tinyurl.com/9lsan7n

Jerry
Retired 1933 Saint Guru

Ignorance has become a virtue in the land of the free.

JAM

So what is the story we are not hearing/reading?- Hide quoted text -

- Show quoted text -

Without a shred of evidence available to me, I have always assumed
that the Langbord family had rather more than 10 specimens. Hopefully
these are now safely in Canada or Switzerland.

Someday the 1933 Saint and the 1964-D Peace $ will be legal, but maybe
not in my lifetime.

oly

I wonder still, what will the government do with the 10 they have now?
Melt them down or will they sell them?

The Smithsonian's collection would be a nice place for them to end up.

JAM

On Sep 11, 10:25*am, Phil DeMayo wrote:
On Mon, 10 Sep 2012 18:39:22 -0700 (PDT), Jerry Dennis

wrote:
Same story, just an update.....

Actually it was a continuation of the story.

They lost the original case and this story was about the denial of the
appeal.

My question is how did the Huffington Post come up with a value of $8
million each? The original "one of a kind" didn't even sell for that.

It's sensationalism from the Huffington Post. The Farouk example sold
for $7.59 million, as we all know. If these ten were legal to own,
I'd be guessing they'd sell individually in the $4 - $5 million
range, maybe even less. Additionally, the Farouk example would no
longer be considered "unique," and its value would probably drop as
well.

Jerry
Speculator