Inflation Impact on Coin Returns
Have you ever considered the economic cost of holding coins across long periods due to inflation?
Quick Facts based on the CPI change.
The original $20 face of a 1904 Liberty Double Eagle would inflate to $529. While well below the value of a circulated piece today, the gain is far less than it appears at the surface.
$100 face of common silver in 1964 would have an inflation indexed value of $789 today. Again, below the melt value of $1,186, but a far lower gain than it appears on the surface.
And $100 of common wheat cents collected in 1964 looks like a big loss, as there is no realizable metal gain. The inflated value is again $789. I don't see 8 cents each for common wheat cents.
I know most of us have not held such coins for these periods, but someone has always owned all the coins still around today.