Gradeflation and rising prices lead to explosive profits!
RYK
Posts: 35,797 ✭✭✭✭✭
I wish I had put more money into my coin collection in my boyhood. As an example, I have an original 1825 large cent that I purchased in the mid-1970's as a VF/EF coin for $20. I recently had the coin holdered by ANACS. It is now sitting in an AU-50 holder, retail (Trends) value of $850.
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<< <i>I wish I had put more money into my coin collection in my boyhood. As an example, I have an original 1825 large cent that I purchased in the mid-1970's as a VF/EF coin for $20. I recently had the coin holdered by ANACS. It is now sitting in an AU-50 holder, retail (Trends) value of $850. >>
True. But what is more amazing is that a lot of us can tell similar stories about coins we purchased in 2002.