Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How much was a gold $20 Double Eagle worth in the late 1800s?
>
Reply to Thread
Message:
<p>[QUOTE="Gam3rBlake, post: 5172678, member: 115909"]So you get what I’m saying then.</p><p><br /></p><p>I should’ve phrased it better from the beginning.</p><p><br /></p><p>I should’ve said that I was referring to gold coins as savings & stores of wealth.</p><p><br /></p><p>People may not have made much but they were much more frugal too.</p><p><br /></p><p>Even if a man could save $1 per month for his life savings ($27 today which I think we can agree is doable by even minimum wage workers) that’s still $60 in 5 years so I just figured a man in that situation would want 3x $20 double Eagles or 6x $10 Eagles or something like that rather than a big heavy bag of 60x $1 Morgan Dollars that he would have to lug around wherever he went.</p><p><br /></p><p>He could carry 3 Double Eagles easily in his pocket and they would even weigh less than his pistol![/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 5172678, member: 115909"]So you get what I’m saying then. I should’ve phrased it better from the beginning. I should’ve said that I was referring to gold coins as savings & stores of wealth. People may not have made much but they were much more frugal too. Even if a man could save $1 per month for his life savings ($27 today which I think we can agree is doable by even minimum wage workers) that’s still $60 in 5 years so I just figured a man in that situation would want 3x $20 double Eagles or 6x $10 Eagles or something like that rather than a big heavy bag of 60x $1 Morgan Dollars that he would have to lug around wherever he went. He could carry 3 Double Eagles easily in his pocket and they would even weigh less than his pistol![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How much was a gold $20 Double Eagle worth in the late 1800s?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...