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<p>[QUOTE=&quot;Vess1, post: 596979, member: 13650&quot;]Forgive me.&nbsp; The historical charts show gold averaged&nbsp; $50/oz from 68-72.&nbsp;&nbsp; That 30 year old $1000 could have purchased 20 oz. of gold at one time.&nbsp; But, it was taken for granted the whole time and maybe not as accessible as it would be today.</p><p><br /></p><p>&nbsp; Many people during that time could have came up with a spare grand during those years and purchased 20 oz. </p><p><br /></p><p>&nbsp; Very, very few people could come up with 10 grand today to buy HALF that.&nbsp;&nbsp; If you notice the trend, eventually, very, very few people will be able to purchase even one oz of gold if they wanted to.</p><p><br /></p><p>&nbsp; On a lesser scale (in some instances the same) coin prices reflect the same thing.&nbsp; </p><p>&nbsp; For various reasons, including inflation, Bowers says a 1936 proof set had a market value of about $100 in 1954.&nbsp;&nbsp; It increased drastically then dropped back to 300.00 in 1957 &quot;with scarcely a buyer in sight&quot;.&nbsp; &nbsp; Many people tried to dump them and get out, losing their shirts.&nbsp; &nbsp; A gem 36 proof set is worth around 15,000 today.&nbsp; </p><p><br /></p><p>&nbsp; In May 1951, a $2 face roll of 50-D nickels went for $6.&nbsp; A lot of people wouldn&#039;t have wasted the money on that.&nbsp;&nbsp; A set of BU Washington quarters, 32 to 51 was running around $77.50.&nbsp; &nbsp;&nbsp; Most people wouldn&#039;t have wasted 77.50 on that back then either.&nbsp; But gem 32-D&#039;s by themselves are worth up to 10 grand today.&nbsp; </p><p><br /></p><p>&nbsp; Not every coin you pick out is going to have Cinderella stories like that.&nbsp; Most will not.&nbsp; And there will be peaks and valleys, booms and crashes.&nbsp;&nbsp; Just buy what you like and hold and see what happens.&nbsp;&nbsp; To a lesser extent, most stuff will cost more the longer you wait.[/QUOTE]</p><p><br /></p>

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