It is the settled policy of America, that as peace is better than war, war is better than tribute. The United States, while they wish for war with no nation, will buy peace with none"James Madison
[quote=dragoncar]Is most of the value... I want to say numismatic?[/quote]
About $1.8 million in gold, based on the $27,000 face value. So, yeah. Mostly numismatic.
It is the settled policy of America, that as peace is better than war, war is better than tribute. The United States, while they wish for war with no nation, will buy peace with none"James Madison
[quote=Libertarian666]I think $10MM may be an underestimate considering that quite a few of those are "finest known specimens" or tied for finest known.[/quote]
And this is why you don't want to go all in on MS-69 Double Eagles or the "finest known specimens" of any coin. There is always the possibility that someone will dig up great-grand dad's jar full of $20 gold pieces that he buried in the back yard back in '06 (19 aught-six, not eight years ago).
Although I suppose this could be some sort of tungsten-flavored hoax...
It is the settled policy of America, that as peace is better than war, war is better than tribute. The United States, while they wish for war with no nation, will buy peace with none"James Madison
Libertarian666 wrote:I think $10MM may be an underestimate considering that quite a few of those are "finest known specimens" or tied for finest known.
And this is why you don't want to go all in on MS-69 Double Eagles or the "finest known specimens" of any coin. There is always the possibility that someone will dig up great-grand dad's jar full of $20 gold pieces that he buried in the back yard back in '06 (19 aught-six, not eight years ago).
Although I suppose this could be some sort of tungsten-flavored hoax...
I would say it is very unlikely to be a hoax, having been authenticated by expert numismatists. They are pretty hard to fool.