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BUYER SPENDS BRIEFCASE OF KRUGERRANDS ON A HOUSEThe Herald Tribune of Florida reported on a recent house
sale where the buyer paid partly in gold coins. -Editor. On Monday,
Realtor Kim Ogilvie closed a deal with a very interesting twist.A golden one to be exact. The buyer of a downtown Sarasota residence that sold for more than $1 million brought a briefcase filled with $400,000 worth of South African Krugerrands to the closing -- that is about 444 of the gold coins. A foreign coin expert was at the closing and verified the coins' authenticity and weight. "This was a first," Ogilvie acknowledged, adding in Realtor fashion: "It really shows you the depth to which buyers will go to use their resources to acquire properties they think are well-priced." Despite the big push by Realtors regionwide for international buyers -- and, of course, the foreign-born Krugerrands -- both the buyer and the seller were Americans. Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum All Rights Reserved. NBS Home Page Contact the NBS webmaster |