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<p>[QUOTE="midtncoin, post: 4545967, member: 89569"]Agreed. I would never buy coins as an investment. There are much better investment vehicles. But if I'd been around in '68 and bought these coins as a collector, they would have been a good investment. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>But ignoring the investment question, some of these coins were simply "cheaper" in 68. For example, the Chain Cent was $850. I checked several websites and they all agreed that $850 in '68 was the equivalent of approximately $6K today. But the coin today is $23K. So that coin was a fourth of it's cost today in real money. Still, dropping the equivalent of today's $6K on a coin in '68 was not something the average collector could do.[/QUOTE]</p><p><br /></p>
[QUOTE="midtncoin, post: 4545967, member: 89569"]Agreed. I would never buy coins as an investment. There are much better investment vehicles. But if I'd been around in '68 and bought these coins as a collector, they would have been a good investment. :) But ignoring the investment question, some of these coins were simply "cheaper" in 68. For example, the Chain Cent was $850. I checked several websites and they all agreed that $850 in '68 was the equivalent of approximately $6K today. But the coin today is $23K. So that coin was a fourth of it's cost today in real money. Still, dropping the equivalent of today's $6K on a coin in '68 was not something the average collector could do.[/QUOTE]
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