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traevin's Avatar
United States
1454 Posts
 Posted 03/28/2012  9:03 pm Show Profile   Bookmark this topic Add traevin to your friends list Get a Link to this Message Number of Subscribers
The Mega Million jackpot just topped 500 million! I bought a ticket, just for the fun of it.

So, what kind of coins would you buy with part of that jackpot?
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 03/28/2012  9:07 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
old ones: shiny gold & silver.
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vermontensium's Avatar
United States
16679 Posts
 Posted 03/28/2012  9:14 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I bought ten for the Tuesday draw...nuthin!
I'll buy ten more, and I'm sure I'll get in with the 200-300 at work.
Easy, finest Large Cents I can find. Open my own shop, full-time.
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traevin's Avatar
United States
1454 Posts
 Posted 03/28/2012  9:22 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
vermontensium,

Remind me to reimburse you after I win, OK
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acloco's Avatar
United States
3540 Posts
 Posted 03/28/2012  9:45 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
I would probably travel to every coin show that I could, looking to cherry pick and buy undervalued coins.

I would DEFINITELY have my eyes open for the top 100 US coins. Still a sound investment.
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 03/28/2012  9:48 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply

Quote:
vermontensium

I bought ten for the Tuesday draw...nuthin!

same here. Will probably get some for next drawing.
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vermontensium's Avatar
United States
16679 Posts
 Posted 03/28/2012  9:49 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
swcoin.ecrater.com
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traevin's Avatar
United States
1454 Posts
 Posted 03/28/2012  9:52 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
I would collect at least one example of every world coin made of silver until I owned the globe. For the countries that have never minted any, I'd commission them to do so. And when I was done, I'd start over on gold coins. Now THAT'S a good dream!
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westcoin's Avatar
United States
9792 Posts
 Posted 03/28/2012  10:02 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Wow, it was 257 million last night when I picked up a ticket. If I win I'll see everyone at ANA in Summer!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 03/28/2012  10:03 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
I would buy every rare gold an silver older slabbed coins high grades I could get a hold of, at least 25% of that cleared take....
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coinwatch's Avatar
United States
808 Posts
 Posted 03/28/2012  10:45 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply

Quote:
So, what kind of coins would you buy with part of that jackpot?


I'd take 10% of my net winnings and start a company creating my own premium bullion bars and rounds! I'd then work with world class sculptors and die engravers and proceed to make the finest, most amazingly unique bullion products on the planet.

Of course if I'm feeling lazy I might skip all that and finally get started on that 1 kilogram Australian Gold Nugget collection I always wanted.
Valued Member
Canada
178 Posts
 Posted 03/28/2012  10:50 pm  Show Profile   Bookmark this reply Add ztt2 to your friends list Get a Link to this Reply
Lots of modern gold and silver, but slowly. Otherwise I'd blow right through it all way too quickly. If I was that rich I'd probably buy that Gulo Gulo coin too. Not too bad of a premium for an ounce when you're sitting on 500 million :P.
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BuffaloBonehead's Avatar
United States
333 Posts
 Posted 03/28/2012  10:59 pm  Show Profile   Bookmark this reply Add BuffaloBonehead to your friends list Get a Link to this Reply
I estimate that after taxes the winner will likely have roughly $210 Million from the cash option.

Quite a hefty haul.

With that kind of moolah you could probably spend the rest of your days putting together a complete US set. Eventually everything goes up for auction. Might take you 40-50 years, but it is likely doable.

That being said, I think I would find joy in the freedom of hunting out coins. It isn't worth anything to me if I don't work for it. Outright purchasing 98% of the coins needed for a complete US set wouldn't satisfy me. Part of the fun is the haggle, the search, the unexpected find, the piece-by-piece joy of putting things together.


That being said, I think I would focus on repousse coins and maybe even learn how to make a hobo nickel.
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traevin's Avatar
United States
1454 Posts
 Posted 03/28/2012  11:26 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
Hilarious! I'm watching TV and there's Anderson Cooper with the Mega Millions Jackpot on his "Ridiculist". It's a sign. One of us is bringing it home
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coincollect1's Avatar
Canada
1731 Posts
 Posted 03/29/2012  4:19 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
I would do a 10oz gold bar give away on the coin forum And probably buy the Canadian silver dollar set in MS-66 And get my own coin shop
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 03/29/2012  4:44 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
I almost hate to admit this.....I probably wouldn't be buying any coins for at least the next few years. I've always wanted to travel extensively & figure it would take that long before I stop living out of a suitcase.
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