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... Good doubles SHOULD as they are far more an international market. International transaction costs are relatively modest compared with a $30,000 sell price plus buyers premium, and buyers able to afford agents. Major international buyers may also be able to hold in multiple countries of residence too.
Which leads me to a thought: someone could issue derivatives and offer hedging against 'stocks' of H&H Royal Grade doubles...
You would see 'double flight' as sovereign risk threatened assets, not just capital and head offices moving countries but the best gear may move earlier, signalling spring hunting or the turn of financial tides. Novels would be written, about elephant hunters raiding vaults in Nazi bunkers under Jersey to get a .600 Nitro for upcoming visits to Africa, and being foiled by doughty PETA activists persuading George Soros to ramp the price of the second-tier .577 BPE derivatives against the GBP.
H&H would quadruple in size as Russian and Qatari oil barons swap out oil futures for H&H .450/400 futures contracts...
What a novel that would be!!
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