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.

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