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<p>[QUOTE=&quot;Valentinian, post: 8299469, member: 44316&quot;]One way to track inflation is the &quot;Consumer Price Index.&quot; It goes up as the price of a basket of selected goods goes up. I made a spreadsheet so you can see the multiple between any past year back to 1970 and now (actually, Jan. 2022). It is here:</p><p><a href="http://augustuscoins.com/ed/numis/ConsumerPriceIndex.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://augustuscoins.com/ed/numis/ConsumerPriceIndex.pdf" rel="nofollow">http://augustuscoins.com/ed/numis/ConsumerPriceIndex.pdf</a></p><p>For example, you can use it to determine that in Jan. 2022 prices were generally twice as much in US dollars as they were in 1992-3 (The number for 1992 is 2.04 and for 1993 is 1.97). </p><p>You can use it to see how particular coins sold in the past have done compared with inflation. For example, on that page the number for 1980 is 3.61. If a coin sold for $200 in 1980 and it went up with the CPI, it would sell for 3.61x$200 = $722 now. </p><p><br /></p><p>Take a look at some coins you bought years ago and compare to what they would be worth now if their costs tracked inflation. Let us know what you find out about the costs of coins. </p><p><br /></p><p>I&#039;ll start. Here is a coin I bought at an ancient-coin dealer&#039;s shop in LA in 1982 for $25. I don&#039;t think it is a special case or outlier in any way:</p><p><br /></p><p>[ATTACH=full]1468123[/ATTACH] </p><p><br /></p><p>Galerius. 24-23 mm. 5.70 grams.</p><p>RIC Antioch 112 &quot;early to later 309&quot; </p><p><br /></p><p>The CPI multiple on this page:</p><p><a href="http://augustuscoins.com/ed/numis/ConsumerPriceIndex.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://augustuscoins.com/ed/numis/ConsumerPriceIndex.pdf" rel="nofollow">http://augustuscoins.com/ed/numis/ConsumerPriceIndex.pdf</a> </p><p>is 2.98. That means it would cost about $25=2.98 = $74.50 if it tracked inflation and was bought in similar circumstances. I love the rust color, but I think I could find a comparable coin for less than $75 now. I think this coin, and most others, were relatively more expensive in the 1980s. </p><p><br /></p><p>Please consider adding to this thread with a coin (or, several) and its inflation-adjusted price.[/QUOTE]</p><p><br /></p>

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