MovieChat Forums > Brewster's Millions (1985) Discussion > Why not spend all 30 million on the stam...

Why not spend all 30 million on the stamp


True they do not make 30 million dollar stamps but whats to say he can't buy the stamp for 30 million they were negotiating prices?

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I'm pretty sure they say he has to get value for his money.

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I know guess it would take to long to explain all the rules he had to follow in order to inherit the money, and i remember the value thing. but man, go to an antikshow, buy som picassos, or buy a warehoue full of lamborginis/rolls royce.

i mean u would think there would be alotta ways to spend it all, then again i remember him saying he couldn't have any posetions left.. oh well

Zeitgeist

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He could not buy anything that after 30 days would have retained any value.

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I think it is stated in the will that he can't just spend money on one thing. If that was true, he could've just gambled it away or gave it away to charity.

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Guys you simply have to go back and rewatch the conditions of the will part. Because you are missing some key points here.

He can only gambple away 5%.
He can also only give so much to charity.
He cant have any assets after 30 days.
He has to get value for his money.
And he cant destroy anything that is inherently valuable.

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And they said he couldn't go buying a hope diamond to give it to some bimbo, so buying something expensive and just giving it away wouldn't work.

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but paying a million dollars for a stamp is NOT getting value for his money so technically didn't he violate the rules then?

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He paid what the stamp was worth because it was rare and had an error. He then used it as postage on a letter he mailed. Since he used it as postage when it was cancelled by the post office it was technically rendered worthless. This was allowed by the terms of the will because he paid what it was worth AND used it for it's intended purpose.

The Goofs section mentions that there are actually a number of these stamps in the hands of collectors, they might have said it was the only one in the film so we wouldn't wonder why Monty didn't just buy 30 of them and mail them all.

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How is it different from destroying something inherently valuable (one of the rules)? This is no different than buying a Picasso and burning it (or for less apt minds to stamp over it). He broke the rule.

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It's a bit sketchy since Brewster DID use the stamp in the way it was made to be used. And though it did lose SOME of its value, it wasn't destroyed. Only marred by the hands of someone else.

I would be more apt to compare it to opening and drinking a very, very old and expensive wine.



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It lost all of its collector value. It's like ordering someone to make Mona Lisa original into clothes or sack of potatoes. Because that's what's linen was originally meant to be. Well, it's just a movie. So there's that.

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The essential character of the stamp was probably its use as postage. The stamp just happened to have a rare defect that made it collectible and overvalued in comparison to the stamp's actual intended and inherent purpose.

The Mona Lisa, while collectible and possibly overvalued, was probably intended to be a work of art in and of itself. Converting the Mona Lisa into clothes or a sack of potatoes would probably go against its inherent purpose.


I could be wrong though.

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Brewster's Uncle specifically said that he had to get value for his money when hiring people, but Brewster made comments implying that he had to get value for any money he spent. He said to people at his final party that he wanted them to celebrate because he needed to get value for his money. He, of course, didn't tell them why.

When negotiating for the stamp, there is no legitimate way for Brewster to get the price up to 30 million dollars. If they stamp guy was greedy, Brewster would have to pay twice what it's worth maybe, but that would probably be acceptable under the terms of the will. (Expensive is fine, but you can't just give the money away.)

Brewster had another problem with the stamp that he cleverly solved. At the end of the 30 days he couldn't own any assets. He also couldn't destroy anything inherently valuable. By mailing the stamp he reduced its value to nothing without actually destroying it. There was no condition in the will about depreciating something's value so he was in the clear. When he opened up all of the bottles of wine he bought at the wine auction, he did the same thing.

Could he have done this same trick with multiple stamps. Yes, but he probably would be lynched by a mob of ticked off stamp collectors.

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Right. The spending of $30 Million MUST cover the entire 30 days. He can't give it away or blow it in one place. And I imagine that they would be watching and studying Brewster's every move. But hey, that's just my opinion.

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There was no rule concerning how quickly the money was spent. He could spend it all in one day if he wanted. There were, however, a few conditions that applied to the stamp.

1. He had to get value for his money.
2. He couldn't have any assets at the end of 30 days.
3. He couldn't destroy anything inherently valuable.

Condition 1 probably prevents Brewster from paying 30 million dollars for a stamp worth a million or two. Brewster could pay a lot for something if the seller was a tough negotiator, but he couldn't pay a ridiculous amount that could not possibly be justified.

Brewster got around conditions 2 and 3 by mailing the stamp. He reduced its value to zero without actually destroying it. This took advantage of a loophole in the conditions of the will.

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Expensive is OK but excessive is nbot.

Where did the idea of not spending money in 1 place come from? A few people have said that but, after rewatching the movie again last night, I have no idea where any of that came from.

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Don't know where the idea that you couldn't spend it in one place come from? You could if you could find something worth 30 million dollars to spend it on. This is somewhat difficult to pull off though.

Brewster had to get value for his money. That's the only stipulation. His uncle specifically said this concerning hiring people, and Brewster made a statement during his last party that suggested that he needed to get value for any money he spent.


Uncle Rupert-"You can hire anybody you want, but you have to get value for their services. You can donate five percent to charity and you can gamble another five percent away, but you can't give this money away! And that includes buying the Hope Diamond for some bimbo as a birthday present."

Brewster-"Hey it's supposed to be a party! This is a party! Why come everyone ain't dancin and having a good time! Did somebody die! I gotta get full value for my money!"

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but like you said he could have just bought all the stamps in the store and mailed a bunch of letters

and I don't think buying a million dollar stamp to mail something is NOT getting value for his money. He paid million for something when the real value is only $.45 or whatever it was in 1985

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If I remember right the stamp was only $10,000.00

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Or..............Not trying to be picky, but if he would have just bought 30, million dollar stamps and mailed them, there would have been no movie to watch. Im sure that the writers thought of most of this, but then the movie would have been about 10 minutes long. Im sure that the writers had to think of ways to prolong the movie. You all had great responses and ideas. I probably would have rented a private 747 and rented an entire island with a luxury resort for a month and flown in breakfast, lunch and dinner. That would have blown at least 30 million easily.

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i'm watching this movie right now for the first time. its awesome. and i was thinking how he couldnt spend the 30 million in one place because it would impossible to buy something that cost that much that would give brewster value and no assets.

your idea of renting an island sounds good but in the end it wouldnt have any value since it's basically selfish since it would be blowing it on yourself and that's all brewster did before he came into that money anyway. that's why he was always broke. he spend his money on stupid stuff.

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Don't think the movie would have been remotely entertaining if 5 minutes after getting the 30 mil Brewster spent it all in one place on one thing. Getting back the 10 mil he already spent thanks to Spike's investor buddy just about killed him. Just imagine if he had close family around berating him 24-7 for spending money so foolishly. He'd crack and not get anything. Because that's what family does. They criticize every move you make "in the name of love" lol.

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________________________________________________________________________________________________________Or..............Not trying to be picky, but if he would have just bought 30, million dollar stamps and mailed them, there would have been no movie to watch. Im sure that the writers thought of most of this, but then the movie would have been about 10 minutes long. Im sure that the writers had to think of ways to prolong the movie. You all had great responses and ideas. I probably would have rented a private 747 and rented an entire island with a luxury resort for a month and flown in breakfast, lunch and dinner. That would have blown at least 30 million easily.
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No doubt you also would've hired girls as "companions" during your stay on the island, after all, whats the island and luxury resort without the girls!

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________________________________________________________________________________________________________Because that's what family does. They criticize every move you make "in the name of love" lol.
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Thats why you keep family at a distance.

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I would think that one of the rules would be that you couldn't spend all or most of the money just on yourself. Remember, the whole point of the challenge is to make it a challenge.

I personally would schedule a free concert. You spend all the money at once, while technically spending it on multiple things, and plenty of people have a good time.

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They never defined "value for his money" in this did they? Seems arbitrary. I could go on a Charlie Sheen fest and spend it all.

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Its up to the arbitrator on what is value and what is excessive. Thats the whole point of an arbitrator. And he had sole discretion.

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One thing I never understood, was let's assume that the stamp was worth what he paid for it. There's no way spending that much money on a stamp you intend to post is value for money. How much does a regular stamp cost?

Surely, they'd say he'd spent too much money on a stamp that he merely intended to use to send a post card?

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the stamp was printed upside down and it was a collectors item valued at $10,000.00. When he mailed it, it became worth $0.00

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It's not the fact that its value became 0.00, it's the fact that he wasn't owning it anymore. The posted stamp is so rare that I'm sure many collectors would be willing to pay quite a lot of money to have it.

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