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The domain could have cost him more than $34, as he got it from pool.com's expired domain service.
Gid, I still don't get what TGP gallleries have to do with any of this, but I agree, the main question is whether you think it's worth more or less than $5k...I'd say less, but if you think more, then yeah hang on to it.
I think your loan negotiation idea sounds really unlikely to succeed, but you never know until you try.
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