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I guess we have it pretty good today, considering

1630Boston1630Boston Posts: 13,665 ✭✭✭✭✭


In the image above you can see losing stock speculator, Walter Thornton of New York, offering to sell his Chrysler Imperial Roadster for $100 USD, one day after the stock market crash (October 30, 1929).

Post a coin that helps you forget about your worries :)

Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

Bad transactions with : nobody to date

Comments

  • coinkatcoinkat Posts: 22,426 ✭✭✭✭✭
    edited December 24, 2020 9:24AM

    Imagine what that Chrysler Imperial Roadster is worth today... I believe the iconic Chrysler Building was completed before the October '29 crash

    Experience the World through Numismatics...it's more than you can imagine.

  • SmudgeSmudge Posts: 9,057 ✭✭✭✭✭

    $100 was 5 Double Eagles then. Consider the times. I think the people who tear down statues of our founding fathers must think the Flintstones is historically accurate.

  • ZoinsZoins Posts: 33,735 ✭✭✭✭✭
    edited December 24, 2020 7:56AM

    @1630Boston said:

    I guess we have it pretty good today, considering

    Definitely different times. The stock market has been on fire. Those without stocks and investments may be hurting more than those with.

    Walter Thornton wrote:

    $100 will buy this car. Must have cash. Lots all on the stock market.

    $100 was 5 double eagles, each with .96750 troy oz of gold, or a total of 4.8375 oz of gold. At $1,877.60 per oz now, that $100 is worth $9,082.89 today.

  • PerryHallPerryHall Posts: 44,842 ✭✭✭✭✭
    edited December 24, 2020 8:02AM

    @Smudge said:
    $100 was 5 Double Eagles then. Consider the times. I think the people who tear down statues of our founding fathers must think the Flintstones is historically accurate.

    Five double eagles then is worth over $9000 today. Not a small sum of money.
    Edited to say that Zoins beat me to it. :D

    Worry is the interest you pay on a debt you may not owe.

  • ZoinsZoins Posts: 33,735 ✭✭✭✭✭
    edited December 24, 2020 8:23AM

    @bolivarshagnasty said:

    @ricko said:
    I do not presently have any worries... However, just looking at this coin makes me feel even better....Cheers, RickO

    And yet the only difference between your coin and millions of other ASE’s, is the tiny privy mark. We are a strange breed, coin Collectors.

    Hey, it's bigger than a mint mark!

    And don't forget valuing something that is not there, the invisible mint mark!

  • coinkatcoinkat Posts: 22,426 ✭✭✭✭✭

    I suspect the Imperial was the top of the line at Chrysler- perhaps the two door roadster convertible as pictured in the original post, was not the most expensive, but I suspect it likely had a selling price (out the door) of close to $2000. What is stunning is to see the asking price of $100 cash which was an indication of how bad things were going to get. If you want see the grim reality of the Depression, take a look at farmers, their families, and their farmland in the Dust Bowl states.

    Experience the World through Numismatics...it's more than you can imagine.

  • 1630Boston1630Boston Posts: 13,665 ✭✭✭✭✭

    Nice nickel @bearcave :)

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • pursuitoflibertypursuitofliberty Posts: 6,356 ✭✭✭✭✭

    Just the fact that we have the ways and means to collect, and can converse and congregate here is something to be grateful for ...

    Life is good ... don't really have many worries ... but these two two Half Dollars definitely bring a warmth and comfort




    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
  • SeattleSlammerSeattleSlammer Posts: 9,940 ✭✭✭✭✭

    @DCW that might be THE most eye appealing example of that popular piece .... love it.

  • DCWDCW Posts: 6,749 ✭✭✭✭✭

    @SeattleSlammer said:
    @DCW that might be THE most eye appealing example of that popular piece .... love it.

    Thank you. It was in Steve Tanenbaum's collection when he passed so unexpectedly. Specializing in the tokens and medals from this die sinker, I have to believe that it is the best example out there. Nearly full red.
    Need to cross this one over to PCGS one day. It is currently NGC MS66+RB, but I have seen a couple 67s that are inferior to this one.

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • divecchiadivecchia Posts: 6,460 ✭✭✭✭✭

    @1630Boston Happy Holidays!!!

    Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

    Successful transactions: Shrub68 (Jim), MWallace (Mike)
  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @coinkat said:
    I suspect the Imperial was the top of the line at Chrysler- perhaps the two door roadster convertible as pictured in the original post, was not the most expensive, but I suspect it likely had a selling price (out the door) of close to $2000. What is stunning is to see the asking price of $100 cash which was an indication of how bad things were going to get. If you want see the grim reality of the Depression, take a look at farmers, their families, and their farmland in the Dust Bowl states.

    A worthwhile read is Timothy Egan's "The Worst Hard Times", about the depression and the dust bowl era.
    I highly recommend it.
    Yeah, we don't have it as bad as it may seem.

  • coinbufcoinbuf Posts: 10,400 ✭✭✭✭✭

    I'm not one to go gaga over toners but this one does relieve some stress.


    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • JimnightJimnight Posts: 10,592 ✭✭✭✭✭

    Nice coins!

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