Coin collecting is a bad investment.
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We were cleaning and reorganizing out the garage yesterday when I ran across a bunch of coins from my father's estate that I was not aware of. 71 1971-S proof sets and 11 1972-S sets. He paid $5 per in 71 and 72. They are now worth $3. When you adjust for inflation that would be about $0.46 in 1971 money.
@mik said in Coin collecting is a bad investment.:
We were cleaning and reorganizing out the garage yesterday when I ran across a bunch of coins from my father's estate that I was not aware of. 71 1971-S proof sets and 11 1972-S sets. He paid $5 per in 71 and 72. They are now worth $3. When you adjust for inflation that would be about $0.46 in 1971 money.
Numismatics are for the experts. Bullion is for the dilletents who can afford it.
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I use it all the time. Chicken, beef, even mushroom.
“I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill
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We were cleaning and reorganizing out the garage yesterday when I ran across a bunch of coins from my father's estate that I was not aware of. 71 1971-S proof sets and 11 1972-S sets. He paid $5 per in 71 and 72. They are now worth $3. When you adjust for inflation that would be about $0.46 in 1971 money.
@mik said in Coin collecting is a bad investment.:
We were cleaning and reorganizing out the garage yesterday when I ran across a bunch of coins from my father's estate that I was not aware of. 71 1971-S proof sets and 11 1972-S sets. He paid $5 per in 71 and 72. They are now worth $3. When you adjust for inflation that would be about $0.46 in 1971 money.
Lucky for you the S wasn’t a Steinway.
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@mik said in Coin collecting is a bad investment.:
We were cleaning and reorganizing out the garage yesterday when I ran across a bunch of coins from my father's estate that I was not aware of. 71 1971-S proof sets and 11 1972-S sets. He paid $5 per in 71 and 72. They are now worth $3. When you adjust for inflation that would be about $0.46 in 1971 money.
Lucky for you the S wasn’t a Steinway.
@loki said in Coin collecting is a bad investment.:
@mik said in Coin collecting is a bad investment.:
We were cleaning and reorganizing out the garage yesterday when I ran across a bunch of coins from my father's estate that I was not aware of. 71 1971-S proof sets and 11 1972-S sets. He paid $5 per in 71 and 72. They are now worth $3. When you adjust for inflation that would be about $0.46 in 1971 money.
Lucky for you the S wasn’t a Steinway.
Well, for $5 apiece...
I think they would have been a little more obvious in the garage.
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We’ve got old stamp collections, that we’ve moved in boxes forever. Does anybody even collect those anymore?
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We’ve got old stamp collections, that we’ve moved in boxes forever. Does anybody even collect those anymore?
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We’ve got old stamp collections, that we’ve moved in boxes forever. Does anybody even collect those anymore?
@jodi said in Coin collecting is a bad investment.:
We’ve got old stamp collections, that we’ve moved in boxes forever. Does anybody even collect those anymore?
If you are invested, in the last couple of weeks, the DPRK just opened up an on line store for people to by DPRK stamps.
