Wow! What a sale.

[Tulley 10]

2008 Birthday R5 - FINEST KNOW AND VERY SCARCE MANDELA 2008 BIRTHDAY COIN PF70 DEEP CAMEO was sold for R79,000.00 on 16 May at 12:31 by JD Numismatic Corp in Pretoria / Tshwane (ID:97787280)

 

Is this a record?

 

R79000 = 5 and 1/2 Krugerrands.

[alloway65 10]

I suppose this coin and other similar coins came from the special coin sets issued by the SA Mint to celebrate the Great Mans 90th Birthday.

 

If this coin was bought as an ''investment'' I wonder if the buyer will ever make a profit?

[Colin_P 10]

Why can't I get some of whatever it is that those guys who are buying those coins are smoking?

[alloway65 10]

Either way they must have money to burn...also the coin was graded by one of the lesser known coin Grading companies.

[Solcoin 10]

GENUGTIG !!!:confused: If there are still so many stupid people out there willing to spend such huge amount of money on all the Mandela coins ...makes me think maybe we should start the " KUBUS" scheme again !!! ( the "vrot" milk thing from the 80's)

 

It confuses me to think that someone intelligent enough to accumulate such an amount of cash could spend/invest it in such a foolish manner !?! WTF

[voldermort 11]

It confuses me to think that someone intelligent enough to accumulate such an amount of cash could spend/invest it in such a foolish manner !?! WTF

 

No intelligence is needed to inherit money.....or to win money, remember the guy who won 5 million on the lottery and 2 years later he was broke :shock: that is why 9 times out of 10 you will find that the folks who actually work for their money are very careful where they spend it

[alloway65 10]

As the old saying goes......''look after the pennies and the pounds look after themselves''!!!

[Pierre_Henri 80]

About 99.99% of lottery winners end up POORER after 5 years after receiving their money.

 

They virtually all loose all of it.

 

The lottery is geared for people who are destined for nothing ...

 

How the Lives of 10 Lottery Millionaires went Disastrously Wrong | money.co.uk

[Jongleur 10]

About 99.99% of lottery winners end up POORER after 5 years after receiving their money.

 

They virtually all loose all of it.

 

The lottery is geared for people who are destined for nothing ...

 

How the Lives of 10 Lottery Millionaires went Disastrously Wrong | money.co.uk

 

David Baldacci wrote a magnificent novel on the subject called "Winners". Well worth reading.

[NooNooBug 10]

Made a decision about 10 years back not to waste my money on lotto, have not faltered ! I get quite sad seeing people queing to spend money they don't really have to buy tickets regularly to win nothing ! They get all excited to win R100 forgetting that it cost them a helluva lot more !