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<p>[QUOTE="Vess1, post: 656181, member: 13650"]On a side note, I encourage anyone here to get a copy of Q David Bowers book, The Experts Guide to Collecting & Investing in Rare coins and view the color pages 33-47 just to name a few. Then come back and let us know how much coins depreciate in value. </p><p><br /></p><p> Lets just say from 1956 to 1976, a 10x increase was very small. And he didn't just pick out rare, special issues that nobody would have thought of. It's everything from colonial to regular MS 19th and 20th century issues, to commemoratives. </p><p><br /></p><p> Of course money was more valuable back then and likely $50 was more than most anyone was willing to spend on a coin in 1956. But so many people could have and they didn't do it. </p><p><br /></p><p> MS 1842-O half eagle- 1956: $40 1976: $775 1996: $12,000 2006: $24,000</p><p><br /></p><p> 1934 Lincoln cent in gem MS 1956: 0.30 1976: $2.25 1996: $6 2006:$10</p><p><br /></p><p> 1929 Mercury dime MS 1956: $2.25 1976: $15 1996: $30 2006 $75</p><p><br /></p><p> 1907 St Gaudens Double Eagle MS 1956: $145 1976: $4,400 1996: $6,750 2006: $26,500</p><p><br /></p><p> 1889-CC Morgan dollar MS 1956: $45 1976: $3,100 1996: $13,000 2006: $30,000 (Was spending $45 on a coin in 1956 equivalent to spending $30k on a coin today??)</p><p><br /></p><p> 1934-D Peace Dollar MS 1956: $5 1976: $80 1996: $165 2006: $325</p><p><br /></p><p> 1855 gold dollar MS 1956: $20 1976: $2,000 1996 $2,300 2006: $14,000</p><p><br /></p><p> </p><p> 1909 Indian half eagle MS 1956: $12 1976: $225 1996: $350 2006: $1,750</p><p><br /></p><p> I'll stop there. Unless Bowers is lying, it would seem that there has to be somebody out there that didn't lose money re-selling coins. I guess we'll all take our chances.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 656181, member: 13650"]On a side note, I encourage anyone here to get a copy of Q David Bowers book, The Experts Guide to Collecting & Investing in Rare coins and view the color pages 33-47 just to name a few. Then come back and let us know how much coins depreciate in value. Lets just say from 1956 to 1976, a 10x increase was very small. And he didn't just pick out rare, special issues that nobody would have thought of. It's everything from colonial to regular MS 19th and 20th century issues, to commemoratives. Of course money was more valuable back then and likely $50 was more than most anyone was willing to spend on a coin in 1956. But so many people could have and they didn't do it. MS 1842-O half eagle- 1956: $40 1976: $775 1996: $12,000 2006: $24,000 1934 Lincoln cent in gem MS 1956: 0.30 1976: $2.25 1996: $6 2006:$10 1929 Mercury dime MS 1956: $2.25 1976: $15 1996: $30 2006 $75 1907 St Gaudens Double Eagle MS 1956: $145 1976: $4,400 1996: $6,750 2006: $26,500 1889-CC Morgan dollar MS 1956: $45 1976: $3,100 1996: $13,000 2006: $30,000 (Was spending $45 on a coin in 1956 equivalent to spending $30k on a coin today??) 1934-D Peace Dollar MS 1956: $5 1976: $80 1996: $165 2006: $325 1855 gold dollar MS 1956: $20 1976: $2,000 1996 $2,300 2006: $14,000 1909 Indian half eagle MS 1956: $12 1976: $225 1996: $350 2006: $1,750 I'll stop there. Unless Bowers is lying, it would seem that there has to be somebody out there that didn't lose money re-selling coins. I guess we'll all take our chances.[/QUOTE]
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