if only i had a time machine! i would sell everything i could and go back and get the st gaudens for $44! i bet i could get a bunch, if flew my 42" sony lcd with the blu-ray player. the looks on the peoples faced would be priceless. although, if i could go back in time, i would just go back to the teens and get the $20 golds for face or some ancient time. but getting money printed from the 50's would be cheaper then getting money to buy the gold in the teens. what am i talking about?! i guess i need to go back to sleep and hope i don't remember this half asleep post.
Heh, you may have been half asleep, but your time-traveling fantasy may be the most logical one yet! Acquiring paper money from the 40s and 50s is much cheaper than acquiring paper money from the teens! I wouldn't buy gold, though, I'd go to the 40s and early 50s to buy proof silver coins from the mid 19th century. They were anywhere from $3 to $50+ then, but many are now worth tens of thousands!!!! Around 1955, gold coins were at a low (except for key dates, proofs, $1 pieces and $3 pieces), and had dipped to 1944 prices. They would rapidly appreciate shortly thereafter, but check out these 1955 prices for gold!
Whatever happened to the NUMISMATIC SCRAPBOOK, anyway? It was by far the #1 resource for coin trading at the time, having 4X as many ads as THE NUMISMATIST. Perhaps one flaw it had was its confusing publishing date scheme. It never published its magazine exactly on the month, and did not publish in advance like most other publications do. It always published on the 20th of a given month. For example, the November 20th issue would not reach subscribers or vendors until on or about that date, and the ads in the "November" issue would actually be the only ones valid until at least the 15th of the following month (December). On the other hand, the Numismatist would already have its December issue out even before the Scrapbook's November issue was in the public's hands. So the "November" issue was actually the "December" issue! Anyway, I have a lot more ads coming after a 3-month hiatus! Greg
Go Figure Alright then. I just think the world has shifted to news that is +/- 24 hours instead of +/- 24 days.
One would truely need a time machine to think those prices were cheap back then. If you were living in those times and making $1.30 a day for twelve hours per shift over six days (yes, the weekend was only one day, Sunday, until relatively recently), then what looks inexpensive now was then a few day's wages. So, prices haven't changed at all really. We can still spend a few day's wages on the same coins! Guy
Finally, some more ads!!! I'm still amazed at the number of requests for more old ads, and now I finally found some time to post another batch. Keep your tissues handy....