This interesting article shows how chasing the pennies can make the pounds, the US government are so hell bent on chasing ex-patriots for their share of “unpaid taxes” that they completely missed the chance to net around $80 million for free, it simply required the IRS to respond within a 90 day period to a seized property claim, and they would have taken ownership of these notoriously rare $20 gold pieces.
I am happy for the family, I remember the ex Farouk collection piece selling through St.James Auctions for the $7.6 million, and the buzz this created within the field of numismatics, so imagine with this superb provenance, just how much potential there is for the sale of one or two of these pieces, personally I believe they will net around $100 million at auction, and the family can laugh all the way to the bank…