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When an 1804 $1 was $77,500

AUPTAUPT Posts: 806 ✭✭✭
While poring over the Sept., 1971, issue of Playboy, I came across -- er, better make that, I found -- an article about collecting as an investment. The article offered various startegies to try to maximize profits from collecting.

In the lengthy article, coins were, naturally, mentioned. At the time when the Massachusetts Historical Society example of the 1804 silver dollar had just sold for $77,500, it is interesting to see what the "experts" had to say about various areas of collectibles and how that advice compares to accepted hobby wisdom nearly 40 years later.

Copy and paste this link to get you there.

http://docs.google.com/fileview?id=0B8UTLzJhXU0fZThiMGI0NTktMTM1Zi00ODM1LWEwMWMtNDVlMWZkMGM1ZmE4&hl=en

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