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<p>[QUOTE="Vlad, post: 36328, member: 1319"]Another example : a man put a $1000 on 5% deposit in the stable bank in 1934. Lets say, for his future great-grandchildren.</p><p>IF the bank doesnt close in 71 years, IF % rate doesnt change during 75 years, IF Incle Sam will forgive you for not paying taxes during 75 years ( or interest rate is more than 5% to cover taxes) his great-grandchildren will have $31,947 in 2005.</p><p> : a man change $1000 into 1-penny coins from circulation/banks in 1934. What % of circulation of pennies could be Indian pennies, considering that they were gone just 25 years before? If even now, 46 years after Wheaties are gone, 0,4-0,5 % of circulation are wheaties. How many BU wheaties could he get? How many 1931-s, 1932, 1933D he could get in MS60-MS65? Early teens in nice grades?</p><p>Do you really think his great-grandkids couldnt average more than 32 cents a coin?</p><p><br /></p><p>1960- $1000-bank-5%- $8,900 in 2005</p><p> 1960-$1000 in wheaties(some BU, early dates)-? </p><p><br /></p><p>1909- $1000-bank-5%- $108,100 in 2005 (how many banks do you know which didnt fail in 96 years?)</p><p>1909- $1000-in BU/early date Indians/ BU 1909, 1909s, 1909VDV, svdv--</p><p>----even at $1,5 per coin, it makes a hell of a difference.</p><p><br /></p><p>Finally, you dont have to pay taxes over your coins, you dont have to look for tenants for them, you dont have to paint/repair them every year or two.[/QUOTE]</p><p><br /></p>
[QUOTE="Vlad, post: 36328, member: 1319"]Another example : a man put a $1000 on 5% deposit in the stable bank in 1934. Lets say, for his future great-grandchildren. IF the bank doesnt close in 71 years, IF % rate doesnt change during 75 years, IF Incle Sam will forgive you for not paying taxes during 75 years ( or interest rate is more than 5% to cover taxes) his great-grandchildren will have $31,947 in 2005. : a man change $1000 into 1-penny coins from circulation/banks in 1934. What % of circulation of pennies could be Indian pennies, considering that they were gone just 25 years before? If even now, 46 years after Wheaties are gone, 0,4-0,5 % of circulation are wheaties. How many BU wheaties could he get? How many 1931-s, 1932, 1933D he could get in MS60-MS65? Early teens in nice grades? Do you really think his great-grandkids couldnt average more than 32 cents a coin? 1960- $1000-bank-5%- $8,900 in 2005 1960-$1000 in wheaties(some BU, early dates)-? 1909- $1000-bank-5%- $108,100 in 2005 (how many banks do you know which didnt fail in 96 years?) 1909- $1000-in BU/early date Indians/ BU 1909, 1909s, 1909VDV, svdv-- ----even at $1,5 per coin, it makes a hell of a difference. Finally, you dont have to pay taxes over your coins, you dont have to look for tenants for them, you dont have to paint/repair them every year or two.[/QUOTE]
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