Such views of past prices make one dream of time travel.... I look at the 1921 Peace Dollar prices and see what they command now and it astonishes me....Oh well... we cannot go back, nor can we see the future.... so we do the best we can in the present. Cheers, RickO
1964PD 90% BU Singles for the same price as 65-69 Singles (dimes and quarters being clad and the 50c 40%), yet all the same price!!
That seems so strange to see that arbitrage opportunity 4 years after clad and 40% was introduced.
Did it really take THAT long for the silver value of 90% to surpass the face value? Or was the public just not aware of the opportunity? Some opportunistic people must have made a killing back then!
Unless I'm missing some fundamental fact about money/economics/common sense??? ... which I tend to do
Comments
Excellent. Thanks
Them's the facts.
My relative vividly remembers Dec 1969.... He got the #1 Draft lottery number
Wish I had a time machine
Wow!
There sure weren't many ads offering clads. You couldn't give these things away at any price.
Those '68-P nickels and the BU '68-S, '69-S dimes and quarters sure were cheap back then.
BU 1921 Peace dollar 34.00 I take all you have
Almost makes me wish I would have kept some of my old Coin World newspapers from that time.
I remember that dealer.
Such views of past prices make one dream of time travel.... I look at the 1921 Peace Dollar prices and see what they command now and it astonishes me....Oh well... we cannot go back, nor can we see the future.... so we do the best we can in the present. Cheers, RickO
1964PD 90% BU Singles for the same price as 65-69 Singles (dimes and quarters being clad and the 50c 40%), yet all the same price!!
That seems so strange to see that arbitrage opportunity 4 years after clad and 40% was introduced.
Did it really take THAT long for the silver value of 90% to surpass the face value? Or was the public just not aware of the opportunity? Some opportunistic people must have made a killing back then!
Unless I'm missing some fundamental fact about money/economics/common sense??? ... which I tend to do