TIME MACHINE: COIN PRICES FROM 50, 60, 70 and 80 YEARS AGO!!!

Discussion in 'Coin Chat' started by bannishg, Jul 19, 2010.

  1. bannishg

    bannishg New Member

    And 8 (LAST 1 TODAY)... 60i CSC_1142.JPG 50g CSC_1395.JPG 50h CSC_0932.JPG 50f CSC_0042.JPG 29g CSC_0006.JPG
     
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  3. lackluster

    lackluster Junior Member

    Well you could have bought Microsoft stock in 1986 and beat all this. Go look up some coins in 1986 and you would have lost your butt on many of them by 2010. A fun thought though, I would just as soon have a few rolls of 1798 (vg-xf) cents. Wonder what they cost back then?

    Lack
     
  4. bannishg

    bannishg New Member

    I suppose you're right. Actually any pre-1990 Microsoft stock prices could've beat any of these. They opened in March 1986 at 0.10 per share and split 9 times since then. I was born in May 1988, and have the paper from my date of birth. The stock had only split once before then, and the price was 0.39 ps. If you bought a few hundred dollars in stock on the day of my birth, you would easily have over $1M.

    There is also the story of wal-mart stock, which perhaps out-earned Microsoft's initial buyers, which opened in 1970. If you bought a few hundred dollars in stock then, you'd have TENS OF MILLIONS TODAY!!!!

    But stocks are in a league of their own. I just can't get over the early 50s Morgan dollar prices: The 2/51 offering of an uncirculated 1893-S at $79.50 ($71.55 with the 10% discount), and the Gem Proof 1895-P at $79.00 in 12/50. Just 14 years later both of those coins were around $4,000. They are now hundreds of thousands.

    Greg B
     
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