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<p>[QUOTE="CentDime, post: 178946, member: 7297"]Thanks for the replies, yes I agree my inflation math was turned around. I think to compare this coin would be to say a coin that sold for $61 in 1900 as you say. So let's go back and look at the coins that sold for that amount. The ones i can think of are the $50 gold coins.</p><p><br /></p><p>Since this coin isn't a circulating coin [none were used anyways with a value of $60 back then right?], let's look at non-circulating commemoratives. The 1915 Pan Pac was a commemorative $50 gold coin, and I am not sure of it's issue price but I assume it was higher than $50. Anyway I think this is a possible valid comparison for the very long-term potential of these 2006-W plats because the Pan Pac is a gold commemorative. Anyway all of the other $50 coins seem to be private gold or territorial from around 1850 or so and they all sell for $35,000 or so in UNC. </p><p><br /></p><p>But those are the only ones I can think of to compare these based on the price they cost to purchase from the mint and also their trading value. The Pan Pac may not be a perfect match but it is something in the ball park. Since those are gold though and there are more gold collectors that will skew it towards that coin. But still I can't beilieve the mint produced a coin of only 2500 in 2006. Amazing.!/[/QUOTE]</p><p><br /></p>
[QUOTE="CentDime, post: 178946, member: 7297"]Thanks for the replies, yes I agree my inflation math was turned around. I think to compare this coin would be to say a coin that sold for $61 in 1900 as you say. So let's go back and look at the coins that sold for that amount. The ones i can think of are the $50 gold coins. Since this coin isn't a circulating coin [none were used anyways with a value of $60 back then right?], let's look at non-circulating commemoratives. The 1915 Pan Pac was a commemorative $50 gold coin, and I am not sure of it's issue price but I assume it was higher than $50. Anyway I think this is a possible valid comparison for the very long-term potential of these 2006-W plats because the Pan Pac is a gold commemorative. Anyway all of the other $50 coins seem to be private gold or territorial from around 1850 or so and they all sell for $35,000 or so in UNC. But those are the only ones I can think of to compare these based on the price they cost to purchase from the mint and also their trading value. The Pan Pac may not be a perfect match but it is something in the ball park. Since those are gold though and there are more gold collectors that will skew it towards that coin. But still I can't beilieve the mint produced a coin of only 2500 in 2006. Amazing.!/[/QUOTE]
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