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<p>[QUOTE="Fullbands, post: 26423774, member: 7437"]This topic definitely got me to thinking. I kinda knew how this was going to go, but I decided to play with the numbers anyway just to see the actual outcome. Which is approximate anyway but enlightening for sure.</p><p><br /></p><p>In 1988 I decided I needed to bite the bullet and acquire the 16-D dime necessary for the complete Winged Liberty set I was building at the time. I had so far held all the coins in the set to a floor of F-12 or better (now many upgraded to Unc.) and I committed to stay at that level through all the keys too. I forked out $1200 for an NGC VF-20 1916-D. Made me nervous to pay that much for a tiny little circulated dime.</p><p>Fast forward to today 37 years later using the PCGS price guide as a relative indicator, the coin is somewhere in the $4000 range. Give or take. Not to shabby eh?</p><p><br /></p><p><br /></p><p>No.</p><p><br /></p><p><br /></p><p>I found one of those online stock market calculator things (I can't vouch for their accuracy either) and played around with how much money I would have today with an initial investment of $1200 in 1988.</p><p>If I had bought:</p><p>Ford Motor Co. = $8,500</p><p>Deere & Co = $61,000</p><p>Apple = $983,000</p><p>Coca Cola = $1.8M</p><p><br /></p><p>Key dates will always appreciate, but only to the level a hobbyist would accept. Don't expect anything else. You want to make money, do it the old fashioned way and invest over the long haul. Make your money work for you. My dime has returned me $75.67 each year I have owned it. Lousy investment. Still glad I pulled the trigger and kept the set at my self imposed quality limit.</p><p><br /></p><p>Rick L.[/QUOTE]</p><p><br /></p>
[QUOTE="Fullbands, post: 26423774, member: 7437"]This topic definitely got me to thinking. I kinda knew how this was going to go, but I decided to play with the numbers anyway just to see the actual outcome. Which is approximate anyway but enlightening for sure. In 1988 I decided I needed to bite the bullet and acquire the 16-D dime necessary for the complete Winged Liberty set I was building at the time. I had so far held all the coins in the set to a floor of F-12 or better (now many upgraded to Unc.) and I committed to stay at that level through all the keys too. I forked out $1200 for an NGC VF-20 1916-D. Made me nervous to pay that much for a tiny little circulated dime. Fast forward to today 37 years later using the PCGS price guide as a relative indicator, the coin is somewhere in the $4000 range. Give or take. Not to shabby eh? No. I found one of those online stock market calculator things (I can't vouch for their accuracy either) and played around with how much money I would have today with an initial investment of $1200 in 1988. If I had bought: Ford Motor Co. = $8,500 Deere & Co = $61,000 Apple = $983,000 Coca Cola = $1.8M Key dates will always appreciate, but only to the level a hobbyist would accept. Don't expect anything else. You want to make money, do it the old fashioned way and invest over the long haul. Make your money work for you. My dime has returned me $75.67 each year I have owned it. Lousy investment. Still glad I pulled the trigger and kept the set at my self imposed quality limit. Rick L.[/QUOTE]
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