PCGS Announces New Research Archive!

LeeG · November 11, 2004 12:56AM

In case you missed it. I'm definately going to stay tuned. Lee

PCGS Research Archive

ziggy29 · November 11, 2004 12:58AM

Man...about ten bucks for a 1796 half dollar in 1859. I think I'm gonna be sick.

kieferscoins · November 11, 2004 12:59AM

$10 was a bunch of money in 1859!

Cameron Kiefer

ziggy29 · November 11, 2004 1:02AM

<< $10 was a bunch of money in 1859! >>

Adjusted for inflation, it's still less than $300.

braddick · November 11, 2004 1:05AM

<< 

<< $10 was a bunch of money in 1859! >>

Adjusted for inflation, it's still less than $300. >>

I don't believe that's accurate.

DominusDeus · November 11, 2004 1:05AM

According to an inflation calculator:

What cost $10 in 1859 would cost $202.96 in 2003.
Also, if you were to buy exactly the same products in 2003 and 1859,
they would cost you $10 and $0.49 respectively.

ziggy29 · November 11, 2004 1:07AM

<< I don't believe that's accurate. >>

Well, this site claims it's $217, though I can't vouch for its accuracy. I thought that seemed low, so I went up to $300.

In any event, it's surely nowhere *close* to $20,000 or more which is what this coin will cost today.

cointagious · November 11, 2004 1:27AM

A fine chain cent for 80¢ in 1855!

Dennis88 · November 11, 2004 1:53AM

$3.50 for a 1850 3 cent pattern!!!

I need a time machine!!!

Dennis

clackamas · November 11, 2004 1:59AM

<< $3.50 for a 1850 3 cent pattern!!!

I need a time machine!!!

Dennis >>

Yeh but you have to spend money, so that $3.50 is going to really be 7 bust halves. I guess you could raound up all the cleaned and tooled ones and go spend them.

BigE · November 11, 2004 2:04AM

Instead of using uncirculated they call the nice ones "splendid"----------I kind of like that better!---------------------BigE

nwcs · November 11, 2004 2:06AM

Adjusting for average inflation isn't accurate. It has to be adjusted by year as well as for the wealth explosion in the US. Not to mention the currency controls the government exercised then are very different from today. I'd say its real cost at that time was more than the $300 of today.

dorkkarl · November 11, 2004 2:08AM

that's a he11uva kool idea on pcgs's part. i think it's fantastic.

well done pcgs!!!

K S

mgoodm3 · November 11, 2004 2:08AM

early half dimes for less than $2.37

ColonialCoinUnion · November 11, 2004 2:14AM

I had a good time tooling through those colonials prices -

A Washington Small Eagle cent, one of the most common colonials around today particularly in high grade, was shown for 2 times the price of a Higley back then.

nwcs · November 11, 2004 2:28AM

I found this to be an interesting statement that shows that nothing has changed:

Allowance must be made, in some cases, as to the condition of the coins sold; as, for instance, what one may call "uncirculated," others would only denominate as fine, or very good.

Talk about swings in grade!!!

LeeG · November 11, 2004 2:44AM

To echo K S's sentiment's: As usual, the Best (PCGS), continues to come up with idea's such as this to "Stay On Top". Great Job PCGS. Lee

P.S.: Just need to "Tweak" submission turnaround times to stay on Top though. But seems to be getting better, of late. Besides consistency in Grading, PCGS #1 concern IMO. As a business grows, so should it's workforce, to stay competitive in any marketplace.

RBinTex · November 11, 2004 3:22AM

"Adjusted for inflation, it's still less than $300."

Don't know about inflation but if compounded at 5% for 145 years it is now $11,815.40

braddick · November 11, 2004 3:26AM

<< "Adjusted for inflation, it's still less than $300." Don't know about inflation but if compounded at 5% for 145 years it is now $11,815.40

>>

There you go. That's a more realistic value on the $10. of 1859.

Remember too to look at salary then vs now.

Coinosaurus · November 11, 2004 3:56AM

This is very cool. Kudos for PCGS for doing something above and beyond the call of duty.

shylock · November 11, 2004 4:01AM

This is very cool. Kudos for PCGS for doing something above and beyond the call of duty.

I second that! Look forward to seeing this when it gets rolling, great idea.

LALASD4 · November 11, 2004 4:07AM

All the coins could be had at face value at some point. Paper money could have been had for less than face!

EagleEye · November 11, 2004 2:29PM

Great idea. Notice how the price of the 1856 FE cent dropped from $2 to $1 in 1859. That was due to the Mint restriking them (proofs).

airplanenut · November 11, 2004 2:33PM

<< Great idea. Notice how the price of the 1856 FE cent dropped from $2 to $1 in 1859. That was due to the Mint restriking them (proofs). >>

Can I have one for $1? You'll be my best friend

Flipman · November 11, 2004 2:34PM

I look forward to researching the history of flips.

michael · November 11, 2004 3:09PM

this is a fantastic great idea i am looking forward to their next upload

michael

PCGS Announces New Research Archive!

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