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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