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A fisherman kept this $100M pearl under his bed for 10 years
NY Post ^ | 8/23/2016 | Yaron Steinbuch

Posted on 08/23/2016 4:04:38 PM PDT by bkopto

A fisherman in the Philippines is happy as a clam after finding out this mammoth pearl — which he has kept as a good luck charm — is worth $100 million.

The lucky angler, who has not been identified, discovered the 75-pound gem — believed to be the biggest ever — 10 years ago in the sea off Palawan Island....

Unaware of the massive gem’s value, he kept it as a good luck charm until a fire in his home forced him to move and he decided to take the pearl to the tourism office in remote Puerto Princesca.

(Excerpt) Read more at nypost.com ...


TOPICS: Extended News
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To: AndyJackson

That’s true. That’s one thing I found about the Philippines when I visited the country. It’s a wonderful country and it has wonderful people. It’s also wonderfully libertarian.

BUT!!

Nothing is done for free. If you want anything done, including borrowing a pencil, you are going to pay for that.


21 posted on 08/23/2016 4:19:12 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: bkopto

For his sake, I hope Wiki-Leaks doesn’t find out.
Too many ‘spread-the-wealthers’ would be fine with violating his privacy, because they don’t think it’s fair one person should be so wealthy.


22 posted on 08/23/2016 4:19:35 PM PDT by lee martell
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To: bkopto

Guess he clammed up for almost too long.

Somebody call the Hillary campaign. They’ll want to clutch this.


23 posted on 08/23/2016 4:20:10 PM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: Lurkina.n.Learnin

Until family pressures sucks him dry.


24 posted on 08/23/2016 4:20:22 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Jonty30

“Officials plan to keep the fisherman’s pearl in the Philippines in a bid to increase tourism to the area.”

So did the officials buy it from him or does he simply get the honor of having it on official display?


25 posted on 08/23/2016 4:21:28 PM PDT by bk1000 (A clear conscience is a sure sign of a poor memory.)
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To: All
A fisherman kept this $100M pearl under his bed for 10 years

...kept him awake and irritable for the first eight or so...

26 posted on 08/23/2016 4:21:50 PM PDT by rockrr (Everything is different now...)
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To: Iron Munro
Looking at it is all collectors want to do.

It is like finding a green diamond still in it's matrix. You sell it to a jeweler and they can break it out and make it into a ring or a necklace.

But if you sell it to a collector they will leave it as is and pay you twice as much.

Collectors are weird.

27 posted on 08/23/2016 4:22:07 PM PDT by Harmless Teddy Bear (Proud Infidel, Gun Nut, Religious Fanatic and Freedom Fiend)
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To: bkopto

WOW! Lucky guy. Well done. Thank goodness he doesn’t live in the USA. Some government bureaucrat would declare it state property and sieze it. Then again, he’s in Philippines. I hope he gets to keep every penny and live a long comfortable life.


28 posted on 08/23/2016 4:22:34 PM PDT by Organic Panic (Hillary Clinton, the elderly woman's version of "I dindu nuffins.")
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To: bk1000

I just hope he did well by it.


29 posted on 08/23/2016 4:22:53 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: bkopto

Wow, that clam took a major leak.


30 posted on 08/23/2016 4:29:04 PM PDT by Bullish (That establishment heads from both sides are exploding over Trump is the very best part.)
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To: Iron Munro
What can you do with it other than look at it sitting there?

Proof that people with 100 million dollars are often frivolous and irrational.

31 posted on 08/23/2016 4:30:19 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: DiogenesLamp

If the Philippine government is displaying it, they were probably the buyers. Obviously he didn’t get $100 million for it though.


32 posted on 08/23/2016 4:33:25 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: bkopto

So who is going to give him $100m for it?


33 posted on 08/23/2016 4:36:53 PM PDT by KevinB (Barack Obama: Our first black, gay, Kenyan, Socialist, Muslim president!)
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To: Jonty30

Nah, it’s a white elephant.


34 posted on 08/23/2016 4:41:43 PM PDT by Fhios (Progressives just don't know when to stop digging.)
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To: Jonty30
If the Philippine government is displaying it, they were probably the buyers. Obviously he didn’t get $100 million for it though.

Or even $1 million. Governments have a way of stealing things from you when they really want to.

That being said, I can't think of a more worthwhile purpose for the thing. It wouldn't bother me if all "Objet d'art" valued at more than a million were seized by the government and displayed to the public.

What people nowadays give for "works of art" makes me think the entire art industry ought to be financially destroyed. That and the fact that so much of it is crap nowadays.

35 posted on 08/23/2016 4:43:34 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: Fhios

If he didn’t know the value of it, by keeping it under his bed, there is no way that he could have known the value of it on the market nor how to reach the right buyers.

To me, it’s obvious that whomever bought it only gave him a relatively small fraction of its worth. He probably still made a couple of million from it, so he still did well for him.


36 posted on 08/23/2016 4:44:50 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Jonty30

Or a couple of hundred.


37 posted on 08/23/2016 4:46:43 PM PDT by arthurus
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To: arthurus

Yeah, maybe. I hope he did his homework and got what he thought was a reasonable value for it.


38 posted on 08/23/2016 4:51:57 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: Iron Munro

Well maybe you could make some gates with it


39 posted on 08/23/2016 4:54:36 PM PDT by sportutegrl
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To: bkopto
That explains why China wants to take over the Spratley's.

Palawan actually looks like a place worth a visit. Tropical paradise.

40 posted on 08/23/2016 4:59:49 PM PDT by muleskinner
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