Bearer of rare ‘One Ring’ card from ‘Lord of the Rings’ lore could fetch $2 million and experience hefty tax invoice

Bearer of rare ‘One Ring’ card from ‘Lord of the Rings’ lore could fetch  million and experience hefty tax invoice


Essential Points
  • An specific in Toronto reportedly uncovered a just one-of-a-type actively playing card as portion of a specific “Magic: The Collecting” edition in June.
  • Collectors have provided community bids of tens of millions of dollars for the “The One particular Ring” serialized card.
  • If offered, the “ring bearer” would probably pay a top rated tax charge of 53.53% on fifty percent of the profits from the transaction, experts said.
  • Based mostly on described bids, the full tax invoice could amount to up to roughly 780,000 Canadian dollars (about $588,000), in a person possible circumstance.



Supply

Stocks making the biggest moves premarket: Nike, Dynavax Technologies, UiPath & more
Finance

Stocks making the biggest moves premarket: Nike, Dynavax Technologies, UiPath & more

Check out the companies making headlines before the bell: Nike — The sportswear stock rose 2% after a filing showed that Apple CEO Tim Cook bought nearly $3 million worth of Nike shares. Dynavax Technologies — The biopharmaceutical stock surged 38% after Sanofi said it will acquire Dynavax in a deal with a total equity […]

Read More
Stocks making the biggest moves midday: Novo Nordisk, ServiceNow, Freeport-McMoRan, Structure Therapeutics & more
Finance

Stocks making the biggest moves midday: Novo Nordisk, ServiceNow, Freeport-McMoRan, Structure Therapeutics & more

Check out the companies making headlines in midday trading. ServiceNow — Shares of the software company fell nearly 3% after it said it would acquire cybersecurity startup Armis for $7.75 billion . The deal, which should close next year, will bolster ServiceNow’s cybersecurity offerings. Mining stocks — With prices of gold, silver and copper at […]

Read More
Here’s how AI could influence the Fed’s economic outlook
Finance

Here’s how AI could influence the Fed’s economic outlook

Key Points Members of the Federal Open Market Committee are factoring rising labor productivity in their economic forecasts. In a long-run “unbounded growth” scenario where AI is fully developed, up to 23% of workers may lose employment and labor productivity increases by as much as three to four times, according to a May 2025 research […]

Read More