To: BGHater
it has an estimated value of far less -- about $1.6 million How funny -- and arrogant of the "estimators". It has a "value" of $6.4 million. That's a fact. The free market says so.
9 posted on
06/11/2007 10:11:00 AM PDT by
ElkGroveDan
(When toilet paper is a luxury, you have achieved communism.)
To: ElkGroveDan; BnBlFlag
Technically it is only worth what the next highest bidder was willing to pay since that is the next highest offer (beyond the winner).
The winner has to sell it to someone.
10 posted on
06/11/2007 10:13:12 AM PDT by
weegee
(Libs want us to learn to live with terrorism, but if a gun is used they want to rewrite the Const.)
To: ElkGroveDan
Auction:
A place where everyone in the world who is interested in a particular item goes to bid on it. And the highest bidder gets the object in question.
Ergo, nobody in the world is willing to pay more than that amount.
So where is the “value”?
28 posted on
06/11/2007 11:47:40 AM PDT by
Red in Blue PA
(Truth : Liberals :: Kryptonite : Superman)
To: ElkGroveDan
"It has a "value" of $6.4 million. That's a fact. The free market says so."I remember when $1.6 million was worth $1.6 million.
30 posted on
06/11/2007 11:52:25 AM PDT by
Designer
(Protecting and defending the Constitution against all enemies, foreign and domestic.)
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