If you were to win the Powerball on January 1, 2022, now pegged at $500,000 (pre-taxes) what would be No. 1 on your list of numismatic treasures?
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I would consult a professional money manager, certified public accountant and a lawyer and then get an expeditor to make an offer to the owners of the Excalibur bar (S. S. CENTRAL AMERICA) and the two French 20-franc gold roosters graded (and successfully cross-graded) as MS-68.

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On 12/31/2021 at 7:23 PM, RWB said:

$500 million not $500,000.

I stand corrected. 🐓 

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I believe that is a 20-year payout, right ?  So to get a lump-sum today and also pay taxes (taken out automatically I believe), you probably net about 40% of that upfront after-taxes.

So assuming I cleared about $200,000,000.....I would probably buy some of the items in the upcoming FUN Signature Auction or a future FUN sale.....and also look to buy an MCMVII UHR Saint.  I presume that the 1933 Saint-Gaudens just sold isn't for sale.

I'd also like to grab that MS-67 1908-S Saint....some top-notch SS Central America coins....and a few top-notch Morgans, esp. CC's. (thumbsu

Edited by GoldFinger1969
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On 12/31/2021 at 7:57 PM, GoldFinger1969 said:

I presume that the 1933 Saint-Gaudens just sold isn't for sale.

My approach would be to locate the individual, or spokesman for the group of investors, and simply ask them where do they see themselves five or more years from now, and fast-forward an offer he cannot refuse.

If I were to bestow the 1908-S I promised you publicly, in perpetuity, you'd wind up in the poor house.  New Year, New promise: I will be happy to settle the tax matter. My wife and I are old, simple people and have no plans. (Maybe, just maybe, I'll send my sister in California two dollars on condition she quit that cult I am convinced she is a member of.)  😉 

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On 1/1/2022 at 1:36 AM, Quintus Arrius said:

My approach would be to locate the individual, or spokesman for the group of investors, and simply ask them where do they see themselves five or more years from now, and fast-forward an offer he cannot refuse.

Roger said it himself I believe in the RWB Saints thread:  it's an average Saint, not even well-struck compared to others.  The value is strictly in the government-created rarity of the 1933.

From an aesthetic POV, I much prefer an MCMVII UHR which is unique based on quantity, appearance, and beautifyl workmanship on the part of Saint-Gaudens.  Only FDR's stupidity created the conditions of rarity that led to only 20 of the 1933 Saints surviving and only 1 being legal to own.

If I had billions, maybe I'd bid on the 1933.  But it's going to cost $20-$30 MM next time it sells, and that is a good chunk (>10%) of that amount above.  I can buy lots of top-notch Saints or Top Pops for lots of Type Coins.  Plus, endow some foundations and charities....money for family and friends...etc.

Net-Net, with $200 MM I wouldn't blow $20 MM or more on 1 coin.  Too big a percentage and it probably is not a good financial investment.

Edited by GoldFinger1969
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I'm boring.  There really are no big million dollar rarities that interest me.  Probably because most of those are U.S. coins, an area in which I have no collecting interest.  But here's my list:

1. 1969 Canada silver off-metal quarter and dollar errors

2. Full set of East German and West German proof sets (some of these are actually quite rare)

3. Faustina II aureus.

4. 1969 Canada Large Date dime

5. Full set of Canada 1954 Devil's Face notes

6. Weimar Republic 1933-J Oak Tree 5 Mark in proof.

 

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The 1918/17 d Buffalo in mint state. I had one in G6 once and stupidly sold it because it was a poor example. 

I once held an 1895 proof 64 Morgan from ats. I had a chance to buy it , privately, but couldn’t afford 17 thousand. 

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On 1/1/2022 at 5:54 PM, Fenntucky Mike said:

QA, I'll pick that Del Monte FRN up for you. I know how much you like it. ;)

Sorry, there are no such notes.  This is what one of the Moderators call "inappropriate humor," though I wan't cited.

My objection to such errors is it is impossible. No credible scenario can explain how a banana sticker with USPS-type adhesive on the reverse, somehow floated about amid pounding heavy machinery and wound up on a sheet of uncut currency positioned perfectly upright and intact.  I, for one, ain't buyin' it.

I apologize if I misled you or others!

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I would also buy some large-currency denomination bills, $1,000 and $5,000 and $10,000.  I wonder if it's possible to buy a $100,000 Woodrow Wilson (I know only banks and FRBs were supposed to have them) ?

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On 1/1/2022 at 7:00 PM, GoldFinger1969 said:

I would also buy some large-currency denomination bills, $1,000 and $5,000 and $10,000.  I wonder if it's possible to buy a $100,000 Woodrow Wilson (I know only banks and FRBs were supposed to have them) ?

The one and only time I ever saw one was at the Chase Manhattan  Bank' money museum in New York City's financial district.  I did at one time have the McKinley $500., and the Cleveland $1000. Incidentally, if you have them and spend them (I bought the $1000, dirt cheap) it is forwarded to the FRB and a clerk checks it off on their records. They are not returned to circulation. They are not obsolete and perfectly lawful to own and use, but their number obviously keeps shrinking. Most bear Series dates in the 1930's and I believe you, being well-versed in all things financial, would see owning one as a poor investment.

Incidentally, I am not a gambler, and do not expect the drawing to produce a primary winner.  To me, it's all a dollar (actually two dollars) and a dream. Nothing more.  I was simply curious as to what was on other member's minds.  (worship)

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@GoldFinger1969

In a trip to a Las Vegas casino many years ago, my brother reported seeing $1,000,000 in either a thick lucite or bullet-proof case, filled haphazardly to the brim with a large pile of $1,000 bills.  I have no idea if it is still there as I have never heard it advertised.   🐓 

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On 1/1/2022 at 7:00 PM, GoldFinger1969 said:

I would also buy some large-currency denomination bills, $1,000 and $5,000 and $10,000.  I wonder if it's possible to buy a $100,000 Woodrow Wilson (I know only banks and FRBs were supposed to have them) ?

A 1954 Canadian $1000 is likely in my future.  I've never owned one, but a $1000 bill would just be cool to have.

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Note to members...

The numbers picked were: 06-12-39-48-50, the Powerball was:  09.

I didn't manage to get any of them.

(The pot grew to $518.7M)

I still have a feeling this is going to turn out to be a good year!

Happy New Year to all!

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On 1/1/2022 at 7:00 PM, GoldFinger1969 said:

I would also buy some large-currency denomination bills, $1,000 and $5,000 and $10,000.  I wonder if it's possible to buy a $100,000 Woodrow Wilson (I know only banks and FRBs were supposed to have them) ?

...no cant buy the wilson $100,000 notes, never released for general circulation...smithsonian has a handful in the national collection, others routinely show up in a couple of the money museum displays...$500 n $1000 notes relatively cheap, depending on grade, available at virtually any decent size coin show....$5000 n $10000 not so much both very pricey, i believe a couple r being sold next month in one of the major currency auctions...the $1,000,000 currency display in las vegas  mentioned elsewhere in this thread originally consisted of 100 $10000 notes, not the $1000 notes as incorrectly reported, the display originated in the mid '50s n then again in the mid '60s, it was sold in 1999 to a friend of mine....the current million dollar vegas displays all have notes of $100 denominations or lower...the $10000 notes r systematically removed from any circulation by the feds if/when they show up which is seldom due to excessive premiums, it is not illegal to own any of these high denomination notes (except for the wilson notes)...the estimated census for the $10000 notes is now less than 400....

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On 1/1/2022 at 6:42 PM, Quintus Arrius said:

My objection to such errors is it is impossible. No credible scenario can explain how a banana sticker with USPS-type adhesive on the reverse, somehow floated about amid pounding heavy machinery and wound up on a sheet of uncut currency positioned perfectly upright and intact.  I, for one, ain't buyin' it.

I apologize if I misled you or others!

I agree, and your opinion of this note was not misleading. Just me jabbing you about it. xD

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On 1/2/2022 at 10:08 AM, Hoghead515 said:

Edit

[Personally, I would have preferred to see the original, unexpurgated text. 😉 Happy New Year, Hog!]

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On 1/2/2022 at 2:44 AM, zadok said:

...no cant buy the wilson $100,000 notes, never released for general circulation...smithsonian has a handful in the national collection, others routinely show up in a couple of the money museum displays...

The Mint and Feds take them to various shows where they are.  I saw a bunch at FUN 2020.

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Quintessential Quintus!

🐓:  Enquiring minds want to know, so the answer is YES!  We're on for tomorrow -- and every drawing after that until someone hits the Powerball Jackpot, takes the money, and runs 🏃‍♀️.  xD 

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Ahhh...pipe dreams
For those that wish to see what the yearly or cash payout may be after taxes for your state try here (MM game stats available also): https://www.usamega.com/powerball/jackpot    Ohio would let me have $216,260,073 (approximately)

For myself, I'd like to get a coin from each country in the world that was in existence in 1959. Not by simply buying the coin on the internet or local shop but to travel to each country and purchase it there, where feasible, and not a place where doing so could be life threatening.
    I think the adventure itself would be a greater reward than the coin(s).
Just me thinkin' out loud.

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The pot will be well north of its present 525 mil by tomorrow nite at 10:59 p.m.

@EdG_Ohio

Up until recently, I would have no fears about accessing "Axis of Evil" countries (or former communist bloc nations or countries experiencing instability). But then I got married and with it came responsibility. There were only two people to my mind who have fulfilled your fanciful musings: Hillary Clinton, as Secretary of State and Robert Ripley's worldwide journeys as documented by his researcher in the former's Believe it or Not book series. If I were to win I can think of no valid reason why, subsisting on less than 10K a year, I could not subsidize your trips. I am okay with what I already have. I was impressed by the two men who duplicated Marco Polo's travels based on his written account. The only luxury I cannot buy because it's not for sale, is time.  Now I understand what is meant by that quote, "Youth is wasted on the young."   🐓 

 

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After spending several months sorting out my finances and acquiring a few other things of interest, I would upgrade my type set and add early gold in no particular order, depending on availability. No super condition or other super rarities, not something I would want to tie up that much money. Leave that to the billionaires.  

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